Can I retire at age 50 with 459,000?

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 $459,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$37,904$37,566$37,237$36,915$36,601$35,430
2 years$18,764$18,415$18,076$17,748$17,429$16,260
3 years$12,385$12,034$11,696$11,371$11,058$9,927
4 years$9,196$8,846$8,512$8,192$7,887$6,803
5 years$7,284$6,936$6,606$6,292$5,995$4,962
6 years$6,009$5,664$5,338$5,032$4,744$3,762
7 years$5,099$4,756$4,436$4,137$3,858$2,927
8 years$4,416$4,077$3,762$3,471$3,201$2,320
9 years$3,886$3,550$3,240$2,956$2,695$1,864
10 years$3,462$3,129$2,825$2,548$2,297$1,514
11 years$3,115$2,785$2,487$2,218$1,975$1,239
12 years$2,826$2,500$2,207$1,945$1,712$1,021
13 years$2,582$2,259$1,972$1,717$1,493$845
14 years$2,373$2,054$1,772$1,524$1,308$703
15 years$2,192$1,876$1,600$1,360$1,152$586
16 years$2,034$1,721$1,450$1,217$1,018$490
17 years$1,894$1,585$1,320$1,094$903$411
18 years$1,770$1,465$1,205$986$803$345
19 years$1,659$1,358$1,103$891$715$290
20 years$1,560$1,262$1,012$807$639$245
21 years$1,470$1,175$931$732$572$206
22 years$1,388$1,097$858$666$513$174
23 years$1,314$1,026$792$606$460$147
24 years$1,246$961$733$553$414$124
25 years$1,183$902$679$505$372$105
26 years$1,126$848$629$462$335$89
27 years$1,072$798$585$423$302$75
28 years$1,023$752$543$387$273$64
29 years$977$709$506$355$246$54
30 years$934$670$471$326$223$46
31 years$894$633$439$299$201$39
32 years$857$599$410$275$182$33
33 years$822$567$383$253$165$28
34 years$789$538$357$233$149$24
35 years$758$510$334$214$135$20
36 years$729$484$313$197$122$17
37 years$701$460$293$182$111$14
38 years$675$437$274$168$101$12
39 years$651$416$257$154$91$10
40 years$628$395$241$142$83$9
41 years$605$376$226$131$75$7
42 years$584$358$212$121$68$6
43 years$564$341$199$112$62$5
44 years$545$325$186$103$56$5
45 years$527$310$175$96$51$4
46 years$510$296$164$88$46$3
47 years$493$283$154$82$42$3
48 years$478$270$145$75$38$2
49 years$463$258$136$70$35$2
50 years$448$246$128$64$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $459,000, adding $2,123 every year, while hoping to spend $22,537 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: 75/14/11 Blend
49$459,000$459,000$459,000$459,000
50$508,008$483,681$476,566$544,890
51$535,845$483,402$468,552$569,223
52$565,767$482,354$459,514$592,838
53$597,962$480,476$449,394$618,088
54$632,637$477,702$438,132$645,129
55$670,019$473,963$425,663$674,131
56$710,360$469,186$411,921$705,283
57$753,933$463,292$396,837$738,793
58$801,041$456,200$380,337$774,890
59$852,015$447,822$362,347$813,826
60$907,220$438,066$342,786$855,881
61$967,059$426,832$321,570$901,362
62$1,031,970$414,019$298,615$950,610
63$1,102,440$399,515$273,827$1,003,998
64$1,179,002$383,204$247,114$1,061,940
65$1,262,243$364,964$218,375$1,124,891
66$1,352,809$344,664$187,507$1,193,354
67$1,451,409$322,166$154,403$1,267,885
68$1,558,826$297,326$118,948$1,349,094
69$1,675,920$269,988$81,027$1,437,658
70$1,803,637$239,991$40,515$1,534,320
71$1,943,020$207,163$0$1,639,903
72$2,095,216$171,321$0$1,755,631
73$2,261,486$132,274$0$1,887,280
74$2,443,222$89,820$0$2,031,210
75$2,641,954$43,744$0$2,188,654
76$2,859,365$0$0$2,360,971
77$3,097,313$0$0$2,550,611
78$3,357,840$0$0$2,765,643
79$3,643,195$0$0$3,001,186
80$3,955,857$0$0$3,259,289
81$4,298,553$0$0$3,542,205
82$4,674,289$0$0$3,852,419
83$5,086,375$0$0$4,192,665
84$5,538,455$0$0$4,565,956
85$6,034,546$0$0$4,975,610
86$6,579,070$0$0$5,425,283
87$7,176,899$0$0$5,919,000
88$7,833,399$0$0$6,461,198
89$8,554,483$0$0$7,056,760
90$9,346,662$0$0$7,711,071
91$10,217,113$0$0$8,430,059
92$11,173,737$0$0$9,220,256
93$12,225,243$0$0$10,088,858
94$13,381,224$0$0$11,043,795
95$14,652,249$0$0$12,093,799
96$16,049,962$0$0$13,248,496
97$17,587,192$0$0$14,518,487
98$19,278,073$0$0$15,915,455
99$21,138,179$0$0$17,452,270
100$23,184,670$0$0$19,143,113