Can I retire at age 50 with 445,000?

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 $445,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$36,748$36,420$36,101$35,789$35,485$34,897
2 years$18,192$17,853$17,525$17,206$16,898$16,307
3 years$12,007$11,667$11,340$11,024$10,721$10,146
4 years$8,916$8,577$8,252$7,942$7,646$7,091
5 years$7,061$6,724$6,404$6,101$5,812$5,279
6 years$5,825$5,491$5,176$4,879$4,599$4,088
7 years$4,943$4,611$4,301$4,011$3,740$3,252
8 years$4,281$3,953$3,647$3,365$3,103$2,637
9 years$3,767$3,441$3,142$2,866$2,613$2,169
10 years$3,356$3,033$2,739$2,471$2,227$1,805
11 years$3,020$2,701$2,411$2,150$1,915$1,514
12 years$2,740$2,424$2,140$1,886$1,659$1,280
13 years$2,503$2,190$1,912$1,665$1,447$1,088
14 years$2,300$1,991$1,718$1,478$1,268$929
15 years$2,125$1,819$1,551$1,318$1,117$796
16 years$1,972$1,669$1,406$1,180$987$685
17 years$1,836$1,537$1,280$1,060$875$590
18 years$1,716$1,420$1,168$956$778$510
19 years$1,609$1,316$1,069$864$694$442
20 years$1,512$1,223$981$782$620$383
21 years$1,425$1,139$903$710$554$333
22 years$1,346$1,063$832$645$497$290
23 years$1,274$995$768$588$446$252
24 years$1,208$932$710$536$401$220
25 years$1,147$875$658$490$361$192
26 years$1,091$822$610$448$325$168
27 years$1,040$774$567$410$293$146
28 years$992$729$527$375$264$128
29 years$947$688$490$344$239$112
30 years$906$649$457$316$216$98
31 years$867$614$426$290$195$86
32 years$831$581$397$267$176$75
33 years$797$550$371$245$160$66
34 years$765$521$347$226$145$57
35 years$735$494$324$208$131$50
36 years$707$469$303$191$119$44
37 years$680$446$284$176$108$39
38 years$655$424$266$162$97$34
39 years$631$403$249$150$88$30
40 years$608$383$233$138$80$26
41 years$587$365$219$127$73$23
42 years$567$347$205$118$66$20
43 years$547$331$193$109$60$18
44 years$529$316$181$100$54$15
45 years$511$301$170$93$49$13
46 years$494$287$159$86$45$12
47 years$478$274$150$79$41$10
48 years$463$262$141$73$37$9
49 years$448$250$132$67$34$8
50 years$434$239$124$62$30$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $445,000, adding $2,303 every year, while hoping to spend $33,234 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: 65/11/24 Blend
49$445,000$445,000$445,000$445,000
50$492,766$469,181$462,283$521,582
51$507,667$456,810$442,409$528,907
52$522,974$442,719$420,755$532,964
53$538,694$426,788$397,227$536,642
54$554,832$408,892$371,725$539,905
55$571,394$388,897$344,147$542,718
56$588,384$366,661$314,384$545,040
57$605,807$342,034$282,323$546,830
58$623,664$314,860$247,846$548,041
59$641,960$284,969$210,830$548,626
60$660,694$252,187$171,147$548,533
61$679,866$216,325$128,662$547,707
62$699,475$177,188$83,235$546,091
63$719,517$134,566$34,719$543,620
64$739,988$88,240$0$540,228
65$760,879$37,976$0$540,212
66$782,182$0$0$548,900
67$803,885$0$0$559,345
68$825,971$0$0$574,647
69$848,423$0$0$590,194
70$871,219$0$0$605,970
71$894,332$0$0$621,956
72$917,731$0$0$638,129
73$941,380$0$0$654,463
74$965,238$0$0$670,927
75$989,256$0$0$687,487
76$1,013,380$0$0$704,101
77$1,037,545$0$0$720,725
78$1,061,681$0$0$737,305
79$1,085,705$0$0$753,784
80$1,109,525$0$0$770,093
81$1,133,037$0$0$786,158
82$1,156,122$0$0$801,893
83$1,178,650$0$0$817,202
84$1,200,469$0$0$831,979
85$1,221,415$0$0$846,104
86$1,241,300$0$0$859,440
87$1,259,915$0$0$871,838
88$1,277,027$0$0$883,131
89$1,292,376$0$0$893,129
90$1,305,670$0$0$901,625
91$1,316,587$0$0$908,385
92$1,324,766$0$0$913,151
93$1,329,806$0$0$915,635
94$1,331,263$0$0$915,516
95$1,328,642$0$0$912,439
96$1,321,394$0$0$906,010
97$1,308,909$0$0$895,792
98$1,290,511$0$0$881,298
99$1,265,452$0$0$861,990
100$1,232,902$0$0$837,274