Can I retire at age 50 with 410,000?

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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$33,857$33,556$33,262$32,974$32,694$31,397
2 years$16,761$16,449$16,146$15,853$15,569$14,278
3 years$11,063$10,750$10,448$10,157$9,877$8,634
4 years$8,215$7,902$7,603$7,318$7,045$5,857
5 years$6,506$6,195$5,900$5,621$5,355$4,227
6 years$5,367$5,059$4,768$4,495$4,237$3,170
7 years$4,554$4,248$3,963$3,696$3,446$2,438
8 years$3,945$3,642$3,361$3,100$2,859$1,910
9 years$3,471$3,171$2,894$2,641$2,408$1,516
10 years$3,092$2,795$2,523$2,276$2,051$1,215
11 years$2,782$2,488$2,222$1,981$1,764$982
12 years$2,524$2,233$1,972$1,738$1,529$798
13 years$2,306$2,018$1,762$1,534$1,333$652
14 years$2,120$1,834$1,583$1,362$1,169$534
15 years$1,958$1,676$1,429$1,214$1,029$440
16 years$1,816$1,538$1,296$1,087$909$362
17 years$1,692$1,416$1,179$977$806$299
18 years$1,581$1,308$1,076$880$717$248
19 years$1,482$1,213$985$796$639$205
20 years$1,393$1,127$904$721$571$170
21 years$1,313$1,050$832$654$511$141
22 years$1,240$980$767$595$458$117
23 years$1,174$916$708$542$411$98
24 years$1,113$859$655$494$369$81
25 years$1,057$806$606$451$332$68
26 years$1,006$757$562$412$299$56
27 years$958$713$522$377$270$47
28 years$914$672$485$346$244$39
29 years$873$634$452$317$220$33
30 years$835$598$421$291$199$27
31 years$799$566$392$267$180$23
32 years$766$535$366$246$163$19
33 years$734$507$342$226$147$16
34 years$705$480$319$208$133$13
35 years$677$456$298$191$121$11
36 years$651$432$279$176$109$9
37 years$627$411$261$162$99$8
38 years$603$390$245$150$90$6
39 years$581$371$229$138$81$5
40 years$561$353$215$127$74$4
41 years$541$336$202$117$67$4
42 years$522$320$189$108$61$3
43 years$504$305$177$100$55$3
44 years$487$291$167$92$50$2
45 years$471$277$156$85$45$2
46 years$455$264$147$79$41$1
47 years$441$252$138$73$37$1
48 years$427$241$130$67$34$1
49 years$413$230$122$62$31$1
50 years$400$220$115$57$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $410,000, adding $4,153 every year, while hoping to spend $31,887 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: 82/10/8 Blend
49$410,000$410,000$410,000$410,000
50$456,104$434,374$428,019$492,717
51$468,699$421,731$408,430$504,638
52$481,510$407,399$387,116$513,047
53$494,525$391,263$363,986$521,304
54$507,731$373,199$338,944$529,375
55$521,111$353,077$311,890$537,225
56$534,646$330,760$282,719$544,813
57$548,313$306,100$251,324$552,095
58$562,087$278,946$217,590$559,022
59$575,939$249,132$181,397$565,540
60$589,833$216,488$142,623$571,590
61$603,732$180,832$101,136$577,108
62$617,591$141,971$56,803$582,023
63$631,361$99,703$9,481$586,256
64$644,984$53,814$0$589,723
65$658,398$4,076$0$595,830
66$671,530$0$0$602,064
67$684,300$0$0$612,991
68$696,617$0$0$623,952
69$708,380$0$0$634,407
70$719,474$0$0$644,252
71$729,774$0$0$653,374
72$739,137$0$0$661,644
73$747,406$0$0$668,918
74$754,403$0$0$675,037
75$759,933$0$0$679,824
76$763,778$0$0$683,082
77$765,694$0$0$684,589
78$765,412$0$0$684,104
79$762,632$0$0$681,354
80$757,022$0$0$676,039
81$748,212$0$0$667,825
82$735,794$0$0$656,342
83$719,314$0$0$641,181
84$698,270$0$0$621,887
85$672,105$0$0$597,957
86$640,204$0$0$568,834
87$601,885$0$0$533,902
88$556,393$0$0$492,480
89$502,894$0$0$443,811
90$440,465$0$0$387,063
91$368,086$0$0$321,314
92$284,629$0$0$245,543
93$188,849$0$0$158,624
94$79,367$0$0$59,313
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0