Can I retire at age 50 with 404,000?

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 $404,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$33,362$33,065$32,775$32,492$32,216$31,643
2 years$16,516$16,208$15,910$15,621$15,341$14,766
3 years$10,901$10,592$10,295$10,009$9,733$9,173
4 years$8,094$7,786$7,492$7,211$6,942$6,402
5 years$6,411$6,105$5,814$5,538$5,277$4,759
6 years$5,289$4,985$4,699$4,429$4,175$3,679
7 years$4,488$4,186$3,905$3,641$3,396$2,922
8 years$3,887$3,588$3,311$3,055$2,817$2,365
9 years$3,420$3,124$2,852$2,602$2,372$1,942
10 years$3,047$2,754$2,487$2,243$2,021$1,613
11 years$2,742$2,452$2,189$1,952$1,738$1,351
12 years$2,487$2,201$1,943$1,712$1,507$1,139
13 years$2,273$1,989$1,736$1,512$1,314$966
14 years$2,089$1,808$1,560$1,342$1,152$823
15 years$1,929$1,651$1,408$1,197$1,014$704
16 years$1,790$1,515$1,277$1,071$896$604
17 years$1,667$1,395$1,162$963$795$520
18 years$1,558$1,289$1,060$868$706$449
19 years$1,461$1,195$971$784$630$388
20 years$1,373$1,110$891$710$562$336
21 years$1,294$1,034$820$644$503$291
22 years$1,222$965$755$586$451$252
23 years$1,157$903$697$534$405$219
24 years$1,097$846$645$487$364$191
25 years$1,042$794$597$444$328$166
26 years$991$746$554$406$295$145
27 years$944$702$514$372$266$126
28 years$900$662$478$341$240$110
29 years$860$624$445$313$217$96
30 years$822$590$415$287$196$84
31 years$787$557$386$263$177$73
32 years$754$527$361$242$160$64
33 years$724$499$337$223$145$56
34 years$695$473$315$205$131$49
35 years$667$449$294$189$119$42
36 years$642$426$275$174$108$37
37 years$617$405$258$160$98$32
38 years$595$385$241$147$88$28
39 years$573$366$226$136$80$25
40 years$552$348$212$125$73$22
41 years$533$331$199$116$66$19
42 years$514$315$186$107$60$17
43 years$497$301$175$99$54$14
44 years$480$286$164$91$49$13
45 years$464$273$154$84$45$11
46 years$449$261$145$78$41$10
47 years$434$249$136$72$37$8
48 years$420$237$128$66$34$7
49 years$407$227$120$61$30$6
50 years$394$217$113$57$28$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $404,000, adding $4,435 every year, while hoping to spend $28,986 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: 56/19/25 Blend
49$404,000$404,000$404,000$404,000
50$449,783$428,371$422,109$471,669
51$464,820$418,520$405,408$477,319
52$480,419$407,215$387,177$480,055
53$496,607$394,354$367,333$482,429
54$513,413$379,829$345,791$484,417
55$530,867$363,527$322,460$485,991
56$549,001$345,325$297,249$487,122
57$567,851$325,098$270,058$487,782
58$587,453$302,709$240,786$487,941
59$607,847$278,016$209,327$487,567
60$629,077$250,868$175,568$486,628
61$651,187$221,105$139,395$485,091
62$674,228$188,559$100,685$482,921
63$698,253$153,052$59,311$480,083
64$723,319$114,396$15,142$476,540
65$749,488$72,392$0$472,256
66$776,826$26,829$0$475,728
67$805,406$0$0$483,246
68$835,306$0$0$495,478
69$866,609$0$0$514,165
70$899,407$0$0$533,756
71$933,800$0$0$554,309
72$969,894$0$0$575,892
73$1,007,806$0$0$598,575
74$1,047,663$0$0$622,436
75$1,089,603$0$0$647,559
76$1,133,776$0$0$674,036
77$1,180,346$0$0$701,967
78$1,229,489$0$0$731,461
79$1,281,401$0$0$762,638
80$1,336,292$0$0$795,626
81$1,394,395$0$0$830,568
82$1,455,960$0$0$867,618
83$1,521,264$0$0$906,946
84$1,590,609$0$0$948,736
85$1,664,323$0$0$993,191
86$1,742,767$0$0$1,040,533
87$1,826,336$0$0$1,091,004
88$1,915,463$0$0$1,144,870
89$2,010,619$0$0$1,202,421
90$2,112,324$0$0$1,263,976
91$2,221,147$0$0$1,329,886
92$2,337,711$0$0$1,400,534
93$2,462,700$0$0$1,476,341
94$2,596,864$0$0$1,557,767
95$2,741,026$0$0$1,645,321
96$2,896,089$0$0$1,739,558
97$3,063,047$0$0$1,841,089
98$3,242,989$0$0$1,950,586
99$3,437,111$0$0$2,068,785
100$3,646,729$0$0$2,196,496