Can I retire at age 50 with 937,000?

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 $937,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$77,377$76,687$76,015$75,359$74,718$73,937
2 years$38,305$37,592$36,900$36,230$35,580$34,794
3 years$25,283$24,567$23,877$23,213$22,573$21,806
4 years$18,773$18,059$17,376$16,724$16,099$15,357
5 years$14,869$14,159$13,485$12,845$12,239$11,523
6 years$12,266$11,562$10,898$10,273$9,684$8,997
7 years$10,408$9,709$9,056$8,446$7,876$7,217
8 years$9,015$8,323$7,680$7,085$6,534$5,903
9 years$7,932$7,246$6,615$6,035$5,502$4,899
10 years$7,067$6,387$5,767$5,202$4,688$4,113
11 years$6,359$5,686$5,077$4,527$4,032$3,483
12 years$5,769$5,104$4,506$3,971$3,494$2,972
13 years$5,271$4,612$4,026$3,506$3,047$2,551
14 years$4,844$4,192$3,617$3,112$2,671$2,200
15 years$4,474$3,830$3,266$2,775$2,352$1,905
16 years$4,151$3,514$2,961$2,485$2,078$1,655
17 years$3,866$3,236$2,694$2,233$1,843$1,443
18 years$3,614$2,990$2,460$2,012$1,639$1,261
19 years$3,388$2,771$2,252$1,818$1,460$1,104
20 years$3,185$2,575$2,066$1,647$1,305$968
21 years$3,001$2,399$1,901$1,495$1,167$851
22 years$2,834$2,239$1,752$1,359$1,046$749
23 years$2,682$2,094$1,617$1,238$939$659
24 years$2,543$1,962$1,496$1,129$844$582
25 years$2,416$1,841$1,386$1,031$760$513
26 years$2,298$1,731$1,285$943$684$454
27 years$2,189$1,629$1,193$863$617$401
28 years$2,088$1,535$1,109$790$557$355
29 years$1,995$1,448$1,032$725$503$314
30 years$1,907$1,367$962$665$454$278
31 years$1,826$1,293$896$611$411$246
32 years$1,750$1,223$836$561$371$218
33 years$1,678$1,158$781$516$336$194
34 years$1,611$1,098$730$475$304$172
35 years$1,548$1,041$682$437$276$152
36 years$1,488$988$638$403$250$135
37 years$1,432$939$597$371$226$120
38 years$1,379$892$559$342$205$106
39 years$1,329$848$524$315$186$94
40 years$1,281$807$491$291$169$84
41 years$1,236$768$461$268$153$74
42 years$1,193$732$432$248$139$66
43 years$1,152$697$405$229$126$59
44 years$1,113$664$381$211$114$52
45 years$1,076$634$357$195$104$46
46 years$1,041$604$336$180$94$41
47 years$1,007$577$315$166$86$37
48 years$975$551$296$154$78$33
49 years$944$526$278$142$71$29
50 years$915$502$262$131$64$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $937,000, adding $2,366 every year, while hoping to spend $28,481 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: 89/5/6 Blend
49$937,000$937,000$937,000$937,000
50$1,035,015$985,354$970,830$1,126,772
51$1,110,282$1,003,332$973,049$1,204,792
52$1,192,273$1,021,237$974,388$1,286,320
53$1,281,642$1,039,035$974,788$1,375,024
54$1,379,111$1,056,690$974,185$1,471,605
55$1,485,475$1,074,161$972,514$1,576,836
56$1,601,606$1,091,409$969,706$1,691,570
57$1,728,469$1,108,386$965,690$1,816,741
58$1,867,122$1,125,046$960,389$1,953,384
59$2,018,731$1,141,336$953,725$2,102,633
60$2,184,581$1,157,201$945,615$2,265,741
61$2,366,086$1,172,581$935,970$2,444,086
62$2,564,802$1,187,414$924,701$2,639,187
63$2,782,445$1,201,630$911,712$2,852,715
64$3,020,903$1,215,159$896,902$3,086,512
65$3,282,255$1,227,921$880,168$3,342,609
66$3,568,791$1,239,835$861,400$3,623,239
67$3,883,034$1,250,813$840,483$3,930,866
68$4,227,761$1,260,761$817,298$4,268,201
69$4,606,034$1,269,580$791,718$4,638,234
70$5,021,222$1,277,162$763,613$5,044,256
71$5,477,039$1,283,395$732,847$5,489,895
72$5,977,574$1,288,158$699,274$5,979,146
73$6,527,333$1,291,324$662,746$6,516,414
74$7,131,278$1,292,757$623,105$7,106,549
75$7,794,878$1,292,311$580,189$7,754,895
76$8,524,156$1,289,835$533,826$8,467,343
77$9,325,747$1,285,164$483,836$9,250,380
78$10,206,963$1,278,127$430,034$10,111,157
79$11,175,858$1,268,539$372,225$11,057,552
80$12,241,305$1,256,207$310,204$12,098,245
81$13,413,081$1,240,924$243,758$13,242,801
82$14,701,957$1,222,472$172,667$14,501,760
83$16,119,803$1,200,619$96,697$15,886,735
84$17,679,694$1,175,120$15,607$17,410,524
85$19,396,037$1,145,716$0$19,087,229
86$21,284,707$1,112,130$0$20,936,928
87$23,363,195$1,074,072$0$22,973,565
88$25,650,773$1,031,234$0$25,215,026
89$28,168,678$983,290$0$27,682,121
90$30,940,306$929,895$0$30,397,782
91$33,991,441$870,683$0$33,387,275
92$37,350,491$805,270$0$36,678,443
93$41,048,760$733,247$0$40,301,966
94$45,120,741$654,184$0$44,291,653
95$49,604,441$567,623$0$48,684,757
96$54,541,743$473,086$0$53,522,330
97$59,978,795$370,061$0$58,849,606
98$65,966,451$258,013$0$64,716,435
99$72,560,748$136,374$0$71,177,745
100$79,823,432$4,545$0$78,294,067