Can I retire at age 50 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$35,261$34,947$34,641$34,342$34,050$32,855
2 years$17,456$17,131$16,816$16,510$16,214$15,023
3 years$11,522$11,195$10,881$10,578$10,287$9,136
4 years$8,555$8,230$7,919$7,621$7,337$6,236
5 years$6,776$6,452$6,145$5,854$5,577$4,529
6 years$5,590$5,269$4,966$4,681$4,413$3,419
7 years$4,743$4,425$4,127$3,849$3,589$2,648
8 years$4,108$3,793$3,500$3,229$2,977$2,089
9 years$3,615$3,302$3,015$2,750$2,507$1,670
10 years$3,220$2,911$2,628$2,371$2,136$1,349
11 years$2,898$2,591$2,314$2,063$1,837$1,099
12 years$2,629$2,326$2,053$1,810$1,592$900
13 years$2,402$2,102$1,835$1,598$1,388$741
14 years$2,207$1,911$1,648$1,418$1,217$613
15 years$2,039$1,745$1,488$1,265$1,072$508
16 years$1,892$1,601$1,349$1,132$947$423
17 years$1,762$1,475$1,228$1,018$840$352
18 years$1,647$1,363$1,121$917$747$294
19 years$1,544$1,263$1,026$829$666$246
20 years$1,451$1,174$942$750$594$206
21 years$1,368$1,093$866$681$532$173
22 years$1,292$1,020$798$619$477$145
23 years$1,222$954$737$564$428$121
24 years$1,159$894$682$514$385$102
25 years$1,101$839$631$470$346$86
26 years$1,047$789$586$430$312$72
27 years$998$742$544$393$281$61
28 years$952$699$505$360$254$51
29 years$909$660$470$330$229$43
30 years$869$623$438$303$207$36
31 years$832$589$408$278$187$30
32 years$797$557$381$256$169$26
33 years$765$528$356$235$153$22
34 years$734$500$332$216$139$18
35 years$705$474$311$199$126$15
36 years$678$450$291$184$114$13
37 years$653$428$272$169$103$11
38 years$628$407$255$156$94$9
39 years$605$387$239$144$85$8
40 years$584$368$224$133$77$6
41 years$563$350$210$122$70$5
42 years$544$333$197$113$63$5
43 years$525$318$185$104$57$4
44 years$507$303$173$96$52$3
45 years$490$289$163$89$47$3
46 years$474$275$153$82$43$2
47 years$459$263$144$76$39$2
48 years$444$251$135$70$35$2
49 years$430$240$127$65$32$1
50 years$417$229$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $427,000, adding $6,848 every year, while hoping to spend $26,142 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: 75/9/16 Blend
49$427,000$427,000$427,000$427,000
50$477,618$454,987$448,368$511,239
51$498,520$449,466$435,574$528,887
52$520,678$442,799$421,474$544,315
53$544,192$434,901$405,999$560,523
54$569,173$425,684$389,073$577,581
55$595,740$415,054$370,618$595,566
56$624,024$402,911$350,553$614,565
57$654,171$389,150$328,793$634,672
58$686,338$373,660$305,249$655,993
59$720,696$356,321$279,827$678,643
60$757,437$337,010$252,430$702,753
61$796,767$315,595$222,958$728,463
62$838,913$291,936$191,303$755,933
63$884,126$265,885$157,356$785,335
64$932,680$237,286$121,000$816,862
65$984,875$205,974$82,115$850,728
66$1,041,041$171,776$40,575$887,168
67$1,101,541$134,507$0$926,444
68$1,166,773$93,972$0$969,483
69$1,237,174$49,967$0$1,023,397
70$1,313,225$2,275$0$1,081,630
71$1,395,454$0$0$1,144,594
72$1,484,440$0$0$1,217,634
73$1,580,823$0$0$1,297,003
74$1,685,304$0$0$1,383,055
75$1,798,653$0$0$1,476,428
76$1,921,719$0$0$1,577,822
77$2,055,436$0$0$1,688,009
78$2,200,830$0$0$1,807,837
79$2,359,030$0$0$1,938,238
80$2,531,278$0$0$2,080,238
81$2,718,941$0$0$2,234,968
82$2,923,525$0$0$2,403,671
83$3,146,684$0$0$2,587,715
84$3,390,242$0$0$2,788,606
85$3,656,205$0$0$3,008,001
86$3,946,781$0$0$3,247,725
87$4,264,401$0$0$3,509,789
88$4,611,743$0$0$3,796,402
89$4,991,753$0$0$4,110,002
90$5,407,678$0$0$4,453,269
91$5,863,089$0$0$4,829,157
92$6,361,923$0$0$5,240,918
93$6,908,514$0$0$5,692,133
94$7,507,633$0$0$6,186,746
95$8,164,538$0$0$6,729,101
96$8,885,017$0$0$7,323,982
97$9,675,448$0$0$7,976,660
98$10,542,854$0$0$8,692,937
99$11,494,971$0$0$9,479,209
100$12,540,322$0$0$10,342,518