Can I retire at age 50 with 933,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $933,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$77,046$76,360$75,690$75,037$74,399$71,845
2 years$38,142$37,431$36,743$36,075$35,428$32,881
3 years$25,175$24,462$23,775$23,114$22,477$20,017
4 years$18,693$17,982$17,302$16,652$16,031$13,676
5 years$14,805$14,098$13,427$12,791$12,186$9,944
6 years$12,214$11,512$10,851$10,229$9,643$7,514
7 years$10,364$9,668$9,017$8,410$7,842$5,827
8 years$8,977$8,287$7,647$7,055$6,506$4,602
9 years$7,898$7,215$6,587$6,009$5,479$3,684
10 years$7,036$6,360$5,742$5,180$4,668$2,980
11 years$6,332$5,662$5,056$4,508$4,015$2,430
12 years$5,745$5,082$4,487$3,954$3,479$1,994
13 years$5,248$4,593$4,009$3,491$3,034$1,644
14 years$4,823$4,175$3,602$3,099$2,659$1,361
15 years$4,455$3,814$3,252$2,764$2,342$1,130
16 years$4,134$3,499$2,948$2,474$2,070$941
17 years$3,850$3,222$2,683$2,223$1,835$786
18 years$3,598$2,978$2,449$2,004$1,632$657
19 years$3,373$2,760$2,242$1,810$1,454$550
20 years$3,171$2,564$2,058$1,640$1,299$461
21 years$2,988$2,389$1,893$1,488$1,162$387
22 years$2,822$2,230$1,744$1,353$1,042$325
23 years$2,671$2,085$1,611$1,232$935$273
24 years$2,533$1,954$1,490$1,124$841$230
25 years$2,405$1,834$1,380$1,026$756$194
26 years$2,288$1,723$1,279$938$681$163
27 years$2,180$1,622$1,188$859$614$137
28 years$2,079$1,528$1,105$787$554$116
29 years$1,986$1,442$1,028$722$501$97
30 years$1,899$1,362$957$662$452$82
31 years$1,818$1,287$893$608$409$69
32 years$1,742$1,218$833$559$370$58
33 years$1,671$1,153$778$514$335$49
34 years$1,604$1,093$727$473$303$42
35 years$1,541$1,037$679$435$275$35
36 years$1,482$984$635$401$249$30
37 years$1,426$935$595$370$225$25
38 years$1,373$888$557$341$204$21
39 years$1,323$845$522$314$185$18
40 years$1,276$804$489$290$168$15
41 years$1,231$765$459$267$153$13
42 years$1,188$728$430$247$138$11
43 years$1,147$694$404$228$126$9
44 years$1,109$662$379$210$114$8
45 years$1,072$631$356$194$103$6
46 years$1,037$602$334$179$94$5
47 years$1,003$574$314$166$85$5
48 years$971$548$295$153$77$4
49 years$940$524$277$141$70$3
50 years$911$500$261$131$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $933,000, adding $5,369 every year, while hoping to spend $41,598 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 46/29/25 Blend
49$933,000$933,000$933,000$933,000
50$1,033,704$984,255$969,794$1,073,611
51$1,094,882$988,224$958,022$1,106,250
52$1,160,906$990,992$944,461$1,137,155
53$1,232,226$992,459$929,009$1,169,862
54$1,309,337$992,514$911,555$1,204,561
55$1,392,784$991,041$891,986$1,241,464
56$1,483,164$987,918$870,183$1,280,806
57$1,581,134$983,014$846,022$1,322,848
58$1,687,419$976,190$819,373$1,367,881
59$1,802,812$967,300$790,098$1,416,228
60$1,928,188$956,187$758,056$1,468,248
61$2,064,509$942,686$723,097$1,524,341
62$2,212,835$926,623$685,066$1,584,949
63$2,374,328$907,812$643,800$1,650,565
64$2,550,271$886,056$599,129$1,721,734
65$2,742,073$861,148$550,874$1,799,063
66$2,951,288$832,867$498,851$1,883,222
67$3,179,622$800,980$442,865$1,974,958
68$3,428,956$765,241$382,714$2,075,096
69$3,701,360$725,388$318,186$2,184,551
70$3,999,112$681,146$249,059$2,304,338
71$4,324,723$632,223$175,103$2,435,579
72$4,680,953$578,310$96,078$2,579,521
73$5,070,844$519,082$11,730$2,737,539
74$5,497,746$454,193$0$2,911,160
75$5,965,347$383,279$0$3,122,954
76$6,477,709$305,956$0$3,358,604
77$7,039,304$221,816$0$3,617,119
78$7,655,059$130,431$0$3,900,868
79$8,330,400$31,347$0$4,212,461
80$9,071,303$0$0$4,554,782
81$9,884,351$0$0$4,955,240
82$10,776,795$0$0$5,405,894
83$11,756,622$0$0$5,900,790
84$12,832,631$0$0$6,444,386
85$14,014,512$0$0$7,041,592
86$15,312,943$0$0$7,697,819
87$16,739,686$0$0$8,419,028
88$18,307,699$0$0$9,211,786
89$20,031,256$0$0$10,083,326
90$21,926,087$0$0$11,041,619
91$24,009,516$0$0$12,095,447
92$26,300,635$0$0$13,254,484
93$28,820,476$0$0$14,529,390
94$31,592,211$0$0$15,931,909
95$34,641,373$0$0$17,474,982
96$37,996,092$0$0$19,172,865
97$41,687,364$0$0$21,041,269
98$45,749,339$0$0$23,097,503
99$50,219,646$0$0$25,360,637
100$55,139,747$0$0$27,851,689