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%18.5%
1 years$78,615$77,915$77,232$76,565$75,914$73,308
2 years$38,918$38,194$37,491$36,810$36,149$33,551
3 years$25,688$24,960$24,259$23,585$22,935$20,424
4 years$19,074$18,348$17,655$16,991$16,357$13,955
5 years$15,107$14,385$13,701$13,051$12,434$10,146
6 years$12,463$11,747$11,072$10,437$9,839$7,667
7 years$10,575$9,865$9,201$8,581$8,002$5,945
8 years$9,159$8,456$7,803$7,198$6,638$4,696
9 years$8,059$7,362$6,721$6,131$5,590$3,759
10 years$7,180$6,490$5,859$5,285$4,763$3,041
11 years$6,460$5,777$5,159$4,600$4,097$2,479
12 years$5,862$5,185$4,578$4,035$3,550$2,034
13 years$5,355$4,686$4,090$3,562$3,096$1,677
14 years$4,921$4,260$3,675$3,162$2,714$1,389
15 years$4,546$3,891$3,318$2,820$2,389$1,153
16 years$4,218$3,570$3,008$2,525$2,112$961
17 years$3,928$3,288$2,737$2,269$1,872$802
18 years$3,671$3,038$2,499$2,044$1,665$670
19 years$3,442$2,816$2,288$1,847$1,484$561
20 years$3,236$2,617$2,100$1,673$1,325$471
21 years$3,049$2,437$1,931$1,518$1,186$395
22 years$2,880$2,275$1,780$1,381$1,063$332
23 years$2,725$2,128$1,643$1,257$954$279
24 years$2,584$1,994$1,520$1,147$858$235
25 years$2,454$1,871$1,408$1,047$772$198
26 years$2,335$1,758$1,306$958$695$166
27 years$2,224$1,655$1,212$877$627$140
28 years$2,122$1,559$1,127$803$566$118
29 years$2,027$1,471$1,049$736$511$99
30 years$1,938$1,389$977$676$461$84
31 years$1,855$1,313$911$621$417$71
32 years$1,778$1,243$850$570$377$60
33 years$1,705$1,177$793$525$342$50
34 years$1,637$1,115$741$483$309$42
35 years$1,572$1,058$693$444$280$36
36 years$1,512$1,004$648$409$254$30
37 years$1,455$954$607$377$230$25
38 years$1,401$906$568$348$209$21
39 years$1,350$862$532$320$189$18
40 years$1,302$820$499$296$172$15
41 years$1,256$781$468$273$156$13
42 years$1,212$743$439$252$141$11
43 years$1,171$708$412$232$128$9
44 years$1,131$675$387$214$116$8
45 years$1,094$644$363$198$106$7
46 years$1,058$614$341$183$96$6
47 years$1,023$586$320$169$87$5
48 years$991$559$301$156$79$4
49 years$959$534$283$144$72$3
50 years$929$510$266$133$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $952,000, adding $3,495 every year, while hoping to spend $40,525 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: 35/35/30 Blend
49$952,000$952,000$952,000$952,000
50$1,052,709$1,002,253$987,497$1,079,954
51$1,116,967$1,008,245$977,460$1,106,765
52$1,186,421$1,013,173$965,728$1,131,811
53$1,261,559$1,016,941$952,203$1,158,069
54$1,342,915$1,019,448$936,779$1,185,678
55$1,431,079$1,020,588$919,348$1,214,790
56$1,526,698$1,020,246$899,795$1,245,579
57$1,630,484$1,018,301$878,001$1,278,238
58$1,743,221$1,014,624$853,841$1,312,983
59$1,865,769$1,009,080$827,184$1,350,055
60$1,999,076$1,001,524$797,893$1,389,725
61$2,144,185$991,802$765,826$1,432,295
62$2,302,243$979,751$730,832$1,478,100
63$2,474,512$965,200$692,756$1,527,516
64$2,662,382$947,964$651,433$1,580,962
65$2,867,383$927,852$606,694$1,638,903
66$3,091,196$904,657$558,358$1,701,857
67$3,335,676$878,163$506,241$1,770,403
68$3,602,862$848,140$450,147$1,845,182
69$3,895,000$814,345$389,873$1,926,908
70$4,214,562$776,520$325,206$2,016,375
71$4,564,271$734,393$255,924$2,114,464
72$4,947,125$687,677$181,795$2,222,154
73$5,366,424$636,066$102,579$2,340,532
74$5,825,805$579,239$18,021$2,470,803
75$6,329,272$516,856$0$2,614,305
76$6,881,232$448,556$0$2,795,639
77$7,486,544$373,961$0$3,000,991
78$8,150,555$292,669$0$3,226,502
79$8,879,157$204,256$0$3,474,288
80$9,678,840$108,273$0$3,746,685
81$10,556,752$4,249$0$4,046,278
82$11,520,767$0$0$4,375,919
83$12,579,559$0$0$4,780,477
84$13,742,684$0$0$5,226,843
85$15,020,667$0$0$5,717,440
86$16,425,107$0$0$6,256,737
87$17,968,777$0$0$6,849,660
88$19,665,754$0$0$7,501,636
89$21,531,544$0$0$8,218,642
90$23,583,230$0$0$9,007,266
91$25,839,635$0$0$9,874,765
92$28,321,498$0$0$10,829,135
93$31,051,667$0$0$11,879,185
94$34,055,316$0$0$13,034,623
95$37,360,183$0$0$14,306,144
96$40,996,831$0$0$15,705,533
97$44,998,932$0$0$17,245,775
98$49,403,592$0$0$18,941,178
99$54,251,692$0$0$20,807,505
100$59,588,279$0$0$22,862,130