Can I retire at age 50 with 936,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$77,294$76,606$75,934$75,278$74,638$73,736
2 years$38,264$37,552$36,861$36,191$35,542$34,634
3 years$25,256$24,540$23,852$23,188$22,549$21,664
4 years$18,753$18,040$17,358$16,706$16,082$15,226
5 years$14,853$14,143$13,470$12,832$12,226$11,401
6 years$12,253$11,549$10,886$10,262$9,674$8,882
7 years$10,397$9,699$9,046$8,437$7,867$7,109
8 years$9,006$8,314$7,672$7,077$6,527$5,801
9 years$7,924$7,239$6,608$6,028$5,496$4,804
10 years$7,059$6,381$5,761$5,196$4,683$4,023
11 years$6,352$5,680$5,072$4,522$4,028$3,399
12 years$5,763$5,098$4,501$3,967$3,490$2,892
13 years$5,265$4,607$4,021$3,502$3,044$2,476
14 years$4,839$4,188$3,613$3,109$2,668$2,130
15 years$4,470$3,826$3,262$2,772$2,349$1,839
16 years$4,147$3,510$2,958$2,482$2,076$1,594
17 years$3,862$3,233$2,691$2,230$1,841$1,385
18 years$3,610$2,987$2,457$2,010$1,637$1,207
19 years$3,384$2,768$2,249$1,816$1,459$1,054
20 years$3,181$2,573$2,064$1,645$1,303$922
21 years$2,998$2,396$1,899$1,493$1,166$807
22 years$2,831$2,237$1,750$1,357$1,045$708
23 years$2,680$2,092$1,616$1,236$938$622
24 years$2,541$1,960$1,494$1,128$843$547
25 years$2,413$1,839$1,384$1,030$759$481
26 years$2,296$1,729$1,284$942$684$424
27 years$2,187$1,627$1,192$862$616$373
28 years$2,086$1,533$1,108$790$556$329
29 years$1,993$1,446$1,031$724$502$291
30 years$1,905$1,366$960$665$454$256
31 years$1,824$1,291$895$610$410$226
32 years$1,748$1,222$835$561$371$200
33 years$1,676$1,157$780$516$336$177
34 years$1,609$1,097$729$475$304$156
35 years$1,546$1,040$681$437$275$138
36 years$1,487$987$637$402$250$122
37 years$1,430$938$597$371$226$108
38 years$1,377$891$559$342$205$96
39 years$1,327$847$523$315$186$85
40 years$1,280$806$491$291$169$75
41 years$1,235$767$460$268$153$66
42 years$1,192$731$432$247$139$59
43 years$1,151$696$405$228$126$52
44 years$1,112$664$380$211$114$46
45 years$1,075$633$357$195$104$41
46 years$1,040$604$335$180$94$36
47 years$1,006$576$315$166$86$32
48 years$974$550$296$154$78$28
49 years$943$525$278$142$71$25
50 years$914$502$262$131$64$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $936,000, adding $3,644 every year, while hoping to spend $55,543 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: 64/13/23 Blend
49$936,000$936,000$936,000$936,000
50$1,035,231$985,623$971,115$1,095,078
51$1,081,727$974,821$944,550$1,125,071
52$1,131,104$961,628$915,233$1,151,275
53$1,183,598$945,869$883,015$1,178,643
54$1,239,465$927,357$847,736$1,207,292
55$1,298,988$905,894$809,232$1,237,354
56$1,362,474$881,273$767,331$1,268,980
57$1,430,262$853,271$721,852$1,302,333
58$1,502,723$821,655$672,608$1,337,598
59$1,580,261$786,177$619,401$1,374,982
60$1,663,322$746,574$562,026$1,414,714
61$1,752,395$702,570$500,268$1,457,050
62$1,848,015$653,872$433,902$1,502,273
63$1,950,769$600,168$362,695$1,550,702
64$2,061,304$541,133$286,401$1,602,688
65$2,180,327$476,418$204,766$1,658,624
66$2,308,617$405,659$117,522$1,718,944
67$2,447,028$328,469$24,391$1,784,134
68$2,596,499$244,438$0$1,854,730
69$2,758,063$153,136$0$1,949,735
70$2,932,852$54,107$0$2,058,991
71$3,122,115$0$0$2,177,319
72$3,327,220$0$0$2,313,215
73$3,549,676$0$0$2,469,057
74$3,791,140$0$0$2,638,271
75$4,053,433$0$0$2,822,142
76$4,338,562$0$0$3,022,082
77$4,648,732$0$0$3,239,648
78$4,986,370$0$0$3,476,548
79$5,354,146$0$0$3,734,666
80$5,754,999$0$0$4,016,072
81$6,192,163$0$0$4,323,046
82$6,669,198$0$0$4,658,098
83$7,190,021$0$0$5,023,990
84$7,758,947$0$0$5,423,761
85$8,380,722$0$0$5,860,760
86$9,060,574$0$0$6,338,671
87$9,804,260$0$0$6,861,554
88$10,618,116$0$0$7,433,874
89$11,509,121$0$0$8,060,554
90$12,484,959$0$0$8,747,010
91$13,554,092$0$0$9,499,209
92$14,725,841$0$0$10,323,723
93$16,010,468$0$0$11,227,789
94$17,419,280$0$0$12,219,377
95$18,964,726$0$0$13,307,267
96$20,660,521$0$0$14,501,130
97$22,521,771$0$0$15,811,617
98$24,565,116$0$0$17,250,462
99$26,808,884$0$0$18,830,591
100$29,273,268$0$0$20,566,240