Can I retire at age 50 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$74,321$73,659$73,013$72,383$71,767$69,193
2 years$36,793$36,107$35,443$34,799$34,175$31,610
3 years$24,285$23,597$22,934$22,296$21,682$19,206
4 years$18,032$17,346$16,690$16,063$15,464$13,096
5 years$14,281$13,599$12,952$12,338$11,755$9,502
6 years$11,782$11,105$10,467$9,867$9,302$7,164
7 years$9,997$9,326$8,698$8,112$7,565$5,543
8 years$8,659$7,994$7,377$6,805$6,276$4,367
9 years$7,619$6,960$6,354$5,796$5,285$3,488
10 years$6,787$6,135$5,539$4,997$4,503$2,814
11 years$6,108$5,462$4,877$4,348$3,873$2,289
12 years$5,541$4,902$4,328$3,814$3,356$1,873
13 years$5,063$4,430$3,867$3,367$2,927$1,540
14 years$4,653$4,027$3,474$2,989$2,565$1,271
15 years$4,298$3,679$3,137$2,666$2,259$1,053
16 years$3,987$3,375$2,844$2,387$1,996$874
17 years$3,714$3,108$2,588$2,145$1,770$728
18 years$3,471$2,872$2,362$1,933$1,574$607
19 years$3,254$2,662$2,163$1,746$1,403$506
20 years$3,059$2,474$1,985$1,582$1,253$423
21 years$2,883$2,304$1,826$1,436$1,121$354
22 years$2,722$2,151$1,683$1,305$1,005$297
23 years$2,577$2,012$1,554$1,189$902$249
24 years$2,443$1,885$1,437$1,084$811$208
25 years$2,320$1,769$1,331$990$730$175
26 years$2,207$1,662$1,234$905$657$147
27 years$2,103$1,564$1,146$829$593$123
28 years$2,006$1,474$1,065$759$535$103
29 years$1,916$1,391$991$696$483$87
30 years$1,832$1,313$924$639$436$73
31 years$1,754$1,242$861$587$394$61
32 years$1,680$1,175$803$539$357$52
33 years$1,612$1,113$750$496$323$43
34 years$1,547$1,054$701$456$292$36
35 years$1,487$1,000$655$420$265$31
36 years$1,429$949$613$387$240$26
37 years$1,375$902$574$356$217$22
38 years$1,324$857$537$329$197$18
39 years$1,276$815$503$303$179$15
40 years$1,230$775$472$279$162$13
41 years$1,187$738$442$258$147$11
42 years$1,146$703$415$238$133$9
43 years$1,107$670$389$220$121$8
44 years$1,069$638$366$203$110$6
45 years$1,034$609$343$187$100$5
46 years$1,000$581$322$173$91$5
47 years$968$554$303$160$82$4
48 years$937$529$285$148$75$3
49 years$907$505$267$136$68$3
50 years$879$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $900,000, adding $3,405 every year, while hoping to spend $24,414 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: 67/9/24 Blend
49$900,000$900,000$900,000$900,000
50$995,312$947,612$933,662$1,055,645
51$1,070,858$968,069$938,964$1,117,052
52$1,153,291$988,710$943,624$1,181,086
53$1,243,288$1,009,518$947,597$1,250,553
54$1,341,594$1,030,475$950,832$1,325,987
55$1,449,029$1,051,561$953,278$1,407,981
56$1,566,497$1,072,754$954,879$1,497,185
57$1,694,990$1,094,030$955,579$1,594,316
58$1,835,605$1,115,363$955,316$1,700,166
59$1,989,545$1,136,724$954,028$1,815,605
60$2,158,139$1,158,084$951,648$1,941,596
61$2,342,847$1,179,408$948,106$2,079,195
62$2,545,280$1,200,662$943,330$2,229,572
63$2,767,210$1,221,805$937,243$2,394,011
64$3,010,590$1,242,798$929,765$2,573,931
65$3,277,570$1,263,595$920,812$2,770,895
66$3,570,518$1,284,148$910,296$2,986,624
67$3,892,045$1,304,405$898,125$3,223,019
68$4,245,023$1,324,311$884,201$3,482,171
69$4,632,619$1,343,805$868,426$3,766,388
70$5,058,319$1,362,825$850,691$4,078,212
71$5,525,966$1,381,302$830,888$4,420,446
72$6,039,792$1,399,162$808,899$4,796,179
73$6,604,458$1,416,329$784,605$5,208,816
74$7,225,101$1,432,717$757,878$5,662,111
75$7,907,380$1,448,239$728,585$6,160,199
76$8,657,529$1,462,799$696,589$6,707,642
77$9,482,417$1,476,296$661,744$7,309,464
78$10,389,610$1,488,621$623,900$7,971,206
79$11,387,447$1,499,660$582,897$8,698,973
80$12,485,113$1,509,290$538,570$9,499,496
81$13,692,729$1,517,380$490,747$10,380,192
82$15,021,448$1,523,792$439,248$11,349,237
83$16,483,556$1,528,378$383,883$12,415,643
84$18,092,591$1,530,981$324,455$13,589,341
85$19,863,471$1,531,435$260,760$14,881,281
86$21,812,632$1,529,562$192,583$16,303,526
87$23,958,184$1,525,174$119,698$17,869,377
88$26,320,084$1,518,073$41,873$19,593,490
89$28,920,320$1,508,046$0$21,492,020
90$31,783,121$1,494,868$0$23,593,317
91$34,935,184$1,478,302$0$25,918,589
92$38,405,930$1,458,095$0$28,478,798
93$42,227,772$1,433,980$0$31,297,853
94$46,436,433$1,405,673$0$34,402,099
95$51,071,272$1,372,874$0$37,820,570
96$56,175,662$1,335,264$0$41,585,259
97$61,797,395$1,292,509$0$45,731,421
98$67,989,138$1,244,250$0$50,297,906
99$74,808,924$1,190,112$0$55,327,527
100$82,320,701$1,129,695$0$60,867,463