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%19%
1 years$74,321$73,659$73,013$72,383$71,767$69,166
2 years$36,793$36,107$35,443$34,799$34,175$31,583
3 years$24,285$23,597$22,934$22,296$21,682$19,180
4 years$18,032$17,346$16,690$16,063$15,464$13,072
5 years$14,281$13,599$12,952$12,338$11,755$9,479
6 years$11,782$11,105$10,467$9,867$9,302$7,143
7 years$9,997$9,326$8,698$8,112$7,565$5,523
8 years$8,659$7,994$7,377$6,805$6,276$4,350
9 years$7,619$6,960$6,354$5,796$5,285$3,472
10 years$6,787$6,135$5,539$4,997$4,503$2,799
11 years$6,108$5,462$4,877$4,348$3,873$2,275
12 years$5,541$4,902$4,328$3,814$3,356$1,860
13 years$5,063$4,430$3,867$3,367$2,927$1,529
14 years$4,653$4,027$3,474$2,989$2,565$1,261
15 years$4,298$3,679$3,137$2,666$2,259$1,044
16 years$3,987$3,375$2,844$2,387$1,996$866
17 years$3,714$3,108$2,588$2,145$1,770$720
18 years$3,471$2,872$2,362$1,933$1,574$600
19 years$3,254$2,662$2,163$1,746$1,403$501
20 years$3,059$2,474$1,985$1,582$1,253$418
21 years$2,883$2,304$1,826$1,436$1,121$350
22 years$2,722$2,151$1,683$1,305$1,005$293
23 years$2,577$2,012$1,554$1,189$902$245
24 years$2,443$1,885$1,437$1,084$811$205
25 years$2,320$1,769$1,331$990$730$172
26 years$2,207$1,662$1,234$905$657$144
27 years$2,103$1,564$1,146$829$593$121
28 years$2,006$1,474$1,065$759$535$102
29 years$1,916$1,391$991$696$483$85
30 years$1,832$1,313$924$639$436$72
31 years$1,754$1,242$861$587$394$60
32 years$1,680$1,175$803$539$357$50
33 years$1,612$1,113$750$496$323$42
34 years$1,547$1,054$701$456$292$36
35 years$1,487$1,000$655$420$265$30
36 years$1,429$949$613$387$240$25
37 years$1,375$902$574$356$217$21
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$7
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$4
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 $3,272 every year, while hoping to spend $41,964 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: 25/47/28 Blend
49$900,000$900,000$900,000$900,000
50$995,175$947,475$933,525$1,011,252
51$1,052,034$949,252$920,149$1,026,703
52$1,113,285$949,709$904,918$1,039,478
53$1,179,334$948,739$887,726$1,052,304
54$1,250,623$946,224$868,462$1,065,217
55$1,327,640$942,042$847,009$1,078,254
56$1,410,920$936,063$823,245$1,091,466
57$1,501,052$928,149$797,042$1,104,908
58$1,598,684$918,153$768,268$1,118,649
59$1,704,528$905,920$736,782$1,132,767
60$1,819,364$891,285$702,439$1,147,355
61$1,944,054$874,073$665,086$1,162,520
62$2,079,546$854,100$624,564$1,178,385
63$2,226,878$831,170$580,706$1,195,093
64$2,387,199$805,076$533,338$1,212,807
65$2,561,767$775,599$482,279$1,231,713
66$2,751,969$742,506$427,338$1,252,025
67$2,959,333$705,551$368,316$1,273,985
68$3,185,538$664,476$305,008$1,297,866
69$3,432,433$619,006$237,196$1,323,982
70$3,702,053$568,849$164,654$1,352,684
71$3,996,640$513,699$87,146$1,384,370
72$4,318,658$453,232$4,427$1,419,488
73$4,670,825$387,104$0$1,458,543
74$5,056,131$314,954$0$1,527,154
75$5,477,867$236,397$0$1,603,948
76$5,939,660$151,031$0$1,688,398
77$6,445,502$58,428$0$1,781,395
78$6,999,789$0$0$1,883,925
79$7,607,365$0$0$2,018,740
80$8,273,561$0$0$2,199,849
81$9,004,252$0$0$2,398,649
82$9,805,908$0$0$2,616,922
83$10,685,654$0$0$2,856,627
84$11,651,340$0$0$3,119,924
85$12,711,611$0$0$3,409,193
86$13,875,994$0$0$3,727,056
87$15,154,978$0$0$4,076,399
88$16,560,124$0$0$4,460,405
89$18,104,164$0$0$4,882,577
90$19,801,125$0$0$5,346,779
91$21,666,462$0$0$5,857,264
92$23,717,201$0$0$6,418,719
93$25,972,099$0$0$7,036,309
94$28,451,822$0$0$7,715,724
95$31,179,140$0$0$8,463,234
96$34,179,139$0$0$9,285,745
97$37,479,460$0$0$10,190,869
98$41,110,555$0$0$11,186,992
99$45,105,981$0$0$12,283,355
100$49,502,708$0$0$13,490,138