Can I retire at age 50 with 939,000?

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 $939,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$77,542$76,851$76,177$75,519$74,877$73,606
2 years$38,387$37,672$36,979$36,307$35,656$34,379
3 years$25,337$24,619$23,928$23,263$22,622$21,379
4 years$18,813$18,098$17,413$16,759$16,134$14,935
5 years$14,900$14,189$13,514$12,873$12,265$11,113
6 years$12,292$11,586$10,921$10,294$9,705$8,602
7 years$10,430$9,730$9,075$8,464$7,892$6,838
8 years$9,034$8,340$7,697$7,100$6,548$5,542
9 years$7,949$7,262$6,629$6,048$5,514$4,557
10 years$7,082$6,401$5,779$5,213$4,698$3,788
11 years$6,372$5,698$5,088$4,537$4,041$3,177
12 years$5,781$5,115$4,516$3,979$3,502$2,683
13 years$5,282$4,622$4,034$3,513$3,053$2,278
14 years$4,854$4,201$3,625$3,119$2,677$1,944
15 years$4,484$3,838$3,273$2,781$2,357$1,665
16 years$4,160$3,521$2,967$2,490$2,083$1,431
17 years$3,875$3,243$2,700$2,238$1,847$1,233
18 years$3,621$2,997$2,465$2,017$1,642$1,065
19 years$3,395$2,777$2,256$1,822$1,464$922
20 years$3,191$2,581$2,071$1,650$1,307$799
21 years$3,007$2,404$1,905$1,498$1,170$694
22 years$2,840$2,244$1,756$1,362$1,049$603
23 years$2,688$2,099$1,621$1,240$941$525
24 years$2,549$1,966$1,499$1,131$846$457
25 years$2,421$1,845$1,388$1,033$761$398
26 years$2,303$1,734$1,288$945$686$348
27 years$2,194$1,632$1,196$865$618$303
28 years$2,093$1,538$1,112$792$558$265
29 years$1,999$1,451$1,034$726$504$231
30 years$1,911$1,370$964$667$455$202
31 years$1,830$1,295$898$612$412$177
32 years$1,753$1,226$838$563$372$155
33 years$1,682$1,161$783$517$337$135
34 years$1,614$1,100$731$476$305$118
35 years$1,551$1,043$684$438$276$104
36 years$1,491$990$639$404$250$91
37 years$1,435$941$599$372$227$79
38 years$1,382$894$561$343$206$70
39 years$1,331$850$525$316$187$61
40 years$1,284$809$492$292$169$53
41 years$1,238$770$462$269$153$47
42 years$1,195$733$433$248$139$41
43 years$1,155$699$406$229$126$36
44 years$1,116$666$381$212$115$31
45 years$1,079$635$358$195$104$28
46 years$1,043$606$336$180$95$24
47 years$1,009$578$316$167$86$21
48 years$977$552$297$154$78$19
49 years$946$527$279$142$71$16
50 years$917$503$262$132$64$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $939,000, adding $4,866 every year, while hoping to spend $27,757 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: 58/26/16 Blend
49$939,000$939,000$939,000$939,000
50$1,039,797$990,030$975,476$1,095,535
51$1,116,323$1,009,009$978,621$1,152,813
52$1,199,725$1,027,986$980,941$1,211,751
53$1,290,674$1,046,935$982,380$1,275,362
54$1,389,909$1,065,821$982,876$1,344,099
55$1,498,246$1,084,613$982,369$1,418,464
56$1,616,580$1,103,272$980,791$1,499,008
57$1,745,898$1,121,758$978,074$1,586,339
58$1,887,285$1,140,031$974,145$1,681,129
59$2,041,939$1,158,042$968,929$1,784,116
60$2,211,174$1,175,744$962,346$1,896,116
61$2,396,442$1,193,083$954,313$2,018,028
62$2,599,338$1,210,004$944,742$2,150,842
63$2,821,622$1,226,445$933,542$2,295,649
64$3,065,228$1,242,342$920,616$2,453,656
65$3,332,290$1,257,626$905,866$2,626,188
66$3,625,157$1,272,222$889,185$2,814,710
67$3,946,414$1,286,052$870,464$3,020,836
68$4,298,912$1,299,032$849,588$3,246,344
69$4,685,788$1,311,072$826,437$3,493,197
70$5,110,500$1,322,076$800,884$3,763,558
71$5,576,855$1,331,942$772,798$4,059,809
72$6,089,049$1,340,562$742,041$4,384,582
73$6,651,702$1,347,820$708,470$4,740,773
74$7,269,906$1,353,593$671,933$5,131,579
75$7,949,267$1,357,750$632,274$5,560,522
76$8,695,966$1,360,153$589,328$6,031,487
77$9,516,807$1,360,653$542,924$6,548,755
78$10,419,290$1,359,094$492,881$7,117,047
79$11,411,678$1,355,310$439,012$7,741,568
80$12,503,072$1,349,123$381,122$8,428,055
81$13,703,502$1,340,346$319,006$9,182,832
82$15,024,016$1,328,780$252,450$10,012,875
83$16,476,790$1,314,215$181,231$10,925,868
84$18,075,237$1,296,426$105,117$11,930,287
85$19,834,137$1,275,176$23,864$13,035,474
86$21,769,774$1,250,215$0$14,251,727
87$23,900,092$1,221,276$0$15,601,127
88$26,244,860$1,188,078$0$17,090,504
89$28,825,865$1,150,322$0$18,729,623
90$31,667,108$1,107,694$0$20,533,740
91$34,795,041$1,059,858$0$22,519,668
92$38,238,805$1,006,462$0$24,705,938
93$42,030,516$947,131$0$27,112,973
94$46,205,559$881,471$0$29,763,284
95$50,802,926$809,063$0$32,681,678
96$55,865,584$729,466$0$35,895,496
97$61,440,876$642,212$0$39,434,871
98$67,580,973$546,809$0$43,333,014
99$74,343,365$442,734$0$47,626,527
100$81,791,397$329,438$0$52,355,748