Can I retire at age 50 with 952,000?

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 $952,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$78,615$77,915$77,232$76,565$75,914$74,199
2 years$38,918$38,194$37,491$36,810$36,149$34,431
3 years$25,688$24,960$24,259$23,585$22,935$21,266
4 years$19,074$18,348$17,655$16,991$16,357$14,752
5 years$15,107$14,385$13,701$13,051$12,434$10,897
6 years$12,463$11,747$11,072$10,437$9,839$8,370
7 years$10,575$9,865$9,201$8,581$8,002$6,602
8 years$9,159$8,456$7,803$7,198$6,638$5,307
9 years$8,059$7,362$6,721$6,131$5,590$4,327
10 years$7,180$6,490$5,859$5,285$4,763$3,566
11 years$6,460$5,777$5,159$4,600$4,097$2,964
12 years$5,862$5,185$4,578$4,035$3,550$2,481
13 years$5,355$4,686$4,090$3,562$3,096$2,087
14 years$4,921$4,260$3,675$3,162$2,714$1,764
15 years$4,546$3,891$3,318$2,820$2,389$1,497
16 years$4,218$3,570$3,008$2,525$2,112$1,274
17 years$3,928$3,288$2,737$2,269$1,872$1,087
18 years$3,671$3,038$2,499$2,044$1,665$929
19 years$3,442$2,816$2,288$1,847$1,484$796
20 years$3,236$2,617$2,100$1,673$1,325$683
21 years$3,049$2,437$1,931$1,518$1,186$586
22 years$2,880$2,275$1,780$1,381$1,063$504
23 years$2,725$2,128$1,643$1,257$954$434
24 years$2,584$1,994$1,520$1,147$858$374
25 years$2,454$1,871$1,408$1,047$772$322
26 years$2,335$1,758$1,306$958$695$278
27 years$2,224$1,655$1,212$877$627$240
28 years$2,122$1,559$1,127$803$566$207
29 years$2,027$1,471$1,049$736$511$179
30 years$1,938$1,389$977$676$461$155
31 years$1,855$1,313$911$621$417$134
32 years$1,778$1,243$850$570$377$115
33 years$1,705$1,177$793$525$342$100
34 years$1,637$1,115$741$483$309$86
35 years$1,572$1,058$693$444$280$75
36 years$1,512$1,004$648$409$254$65
37 years$1,455$954$607$377$230$56
38 years$1,401$906$568$348$209$48
39 years$1,350$862$532$320$189$42
40 years$1,302$820$499$296$172$36
41 years$1,256$781$468$273$156$31
42 years$1,212$743$439$252$141$27
43 years$1,171$708$412$232$128$23
44 years$1,131$675$387$214$116$20
45 years$1,094$644$363$198$106$18
46 years$1,058$614$341$183$96$15
47 years$1,023$586$320$169$87$13
48 years$991$559$301$156$79$11
49 years$959$534$283$144$72$10
50 years$929$510$266$133$65$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $952,000, adding $2,680 every year, while hoping to spend $23,559 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: 42/47/11 Blend
49$952,000$952,000$952,000$952,000
50$1,051,868$1,001,412$986,656$1,092,549
51$1,134,092$1,025,415$994,643$1,145,283
52$1,223,914$1,049,804$1,002,107$1,199,784
53$1,322,082$1,074,574$1,009,007$1,258,274
54$1,429,424$1,099,717$1,015,298$1,321,126
55$1,546,848$1,125,226$1,020,933$1,388,752
56$1,675,355$1,151,091$1,025,863$1,461,605
57$1,816,048$1,177,301$1,030,036$1,540,184
58$1,970,140$1,203,844$1,033,398$1,625,039
59$2,138,969$1,230,707$1,035,891$1,716,776
60$2,324,006$1,257,875$1,037,456$1,816,061
61$2,526,874$1,285,329$1,038,030$1,923,630
62$2,749,357$1,313,052$1,037,546$2,040,292
63$2,993,423$1,341,023$1,035,935$2,166,941
64$3,261,238$1,369,219$1,033,125$2,304,558
65$3,555,188$1,397,615$1,029,039$2,454,227
66$3,877,903$1,426,184$1,023,597$2,617,144
67$4,232,277$1,454,894$1,016,715$2,794,623
68$4,621,500$1,483,715$1,008,306$2,988,114
69$5,049,086$1,512,610$998,278$3,199,218
70$5,518,906$1,541,542$986,533$3,429,694
71$6,035,224$1,570,467$972,972$3,681,485
72$6,602,739$1,599,342$957,488$3,956,731
73$7,226,626$1,628,117$939,971$4,257,792
74$7,912,587$1,656,739$920,305$4,587,267
75$8,666,904$1,685,153$898,369$4,948,022
76$9,496,500$1,713,297$874,036$5,343,218
77$10,409,000$1,741,106$847,173$5,776,335
78$11,412,806$1,768,509$817,642$6,251,213
79$12,517,177$1,795,430$785,298$6,772,082
80$13,732,312$1,821,789$749,988$7,343,608
81$15,069,449$1,847,498$711,554$7,970,930
82$16,540,972$1,872,465$669,831$8,659,715
83$18,160,526$1,896,590$624,644$9,416,210
84$19,943,144$1,919,768$575,814$10,247,301
85$21,905,392$1,941,883$523,151$11,160,577
86$24,065,522$1,962,816$466,457$12,164,405
87$26,443,648$1,982,436$405,526$13,268,006
88$29,061,931$2,000,607$340,142$14,481,545
89$31,944,791$2,017,180$270,080$15,816,227
90$35,119,137$2,031,999$195,105$17,284,403
91$38,614,620$2,044,898$114,972$18,899,686
92$42,463,912$2,055,699$29,424$20,677,082
93$46,703,016$2,064,213$0$22,633,130
94$51,371,604$2,070,239$0$24,793,325
95$56,513,391$2,073,564$0$27,174,657
96$62,176,550$2,073,962$0$29,795,853
97$68,414,163$2,071,191$0$32,681,363
98$75,284,724$2,064,996$0$35,858,134
99$82,852,690$2,055,105$0$39,355,866
100$91,189,090$2,041,231$0$43,207,290