Can I retire at age 50 with 907,000?

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 $907,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$74,899$74,232$73,581$72,946$72,325$70,349
2 years$37,079$36,388$35,719$35,070$34,441$32,464
3 years$24,474$23,780$23,113$22,470$21,851$19,935
4 years$18,172$17,481$16,820$16,188$15,584$13,745
5 years$14,393$13,705$13,053$12,434$11,847$10,089
6 years$11,873$11,191$10,549$9,944$9,374$7,699
7 years$10,075$9,398$8,766$8,175$7,624$6,032
8 years$8,726$8,056$7,434$6,858$6,324$4,815
9 years$7,678$7,014$6,403$5,841$5,326$3,897
10 years$6,840$6,183$5,582$5,035$4,538$3,188
11 years$6,155$5,504$4,915$4,382$3,903$2,630
12 years$5,584$4,940$4,362$3,844$3,382$2,184
13 years$5,102$4,465$3,897$3,394$2,949$1,823
14 years$4,689$4,058$3,501$3,012$2,585$1,528
15 years$4,331$3,707$3,161$2,687$2,276$1,285
16 years$4,018$3,401$2,866$2,406$2,012$1,084
17 years$3,743$3,132$2,608$2,161$1,784$917
18 years$3,498$2,895$2,381$1,948$1,586$777
19 years$3,279$2,683$2,180$1,760$1,414$660
20 years$3,083$2,493$2,000$1,594$1,263$561
21 years$2,905$2,322$1,840$1,447$1,130$477
22 years$2,744$2,167$1,696$1,315$1,013$407
23 years$2,597$2,027$1,566$1,198$909$347
24 years$2,462$1,899$1,448$1,093$817$296
25 years$2,338$1,782$1,341$998$735$253
26 years$2,224$1,675$1,244$912$662$216
27 years$2,119$1,577$1,155$835$597$184
28 years$2,022$1,486$1,074$765$539$158
29 years$1,931$1,401$999$702$487$135
30 years$1,846$1,324$931$644$440$115
31 years$1,767$1,251$868$591$398$99
32 years$1,694$1,184$810$544$360$84
33 years$1,624$1,121$756$500$325$72
34 years$1,559$1,063$706$460$295$62
35 years$1,498$1,008$660$423$267$53
36 years$1,441$957$618$390$242$45
37 years$1,386$909$578$359$219$39
38 years$1,335$863$541$331$199$33
39 years$1,286$821$507$305$180$29
40 years$1,240$781$475$282$163$24
41 years$1,196$744$446$260$148$21
42 years$1,155$708$418$240$135$18
43 years$1,115$675$392$221$122$15
44 years$1,078$643$368$204$111$13
45 years$1,042$613$346$189$101$11
46 years$1,008$585$325$174$91$10
47 years$975$558$305$161$83$8
48 years$944$533$287$149$75$7
49 years$914$509$270$138$68$6
50 years$886$486$253$127$62$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $907,000, adding $4,042 every year, while hoping to spend $27,286 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: 66/13/21 Blend
49$907,000$907,000$907,000$907,000
50$1,003,683$955,612$941,554$1,064,329
51$1,077,027$973,405$944,064$1,123,325
52$1,156,937$991,155$945,743$1,184,304
53$1,244,055$1,008,832$946,536$1,250,325
54$1,339,085$1,026,402$946,382$1,321,884
55$1,442,805$1,043,829$945,219$1,399,527
56$1,556,070$1,061,075$942,982$1,483,856
57$1,679,819$1,078,098$939,602$1,575,535
58$1,815,089$1,094,853$935,007$1,675,297
59$1,963,020$1,111,293$929,122$1,783,947
60$2,124,869$1,127,367$921,868$1,902,374
61$2,302,017$1,143,019$913,162$2,031,560
62$2,495,987$1,158,191$902,917$2,172,585
63$2,708,456$1,172,821$891,043$2,326,639
64$2,941,269$1,186,840$877,444$2,495,037
65$3,196,461$1,200,178$862,021$2,679,225
66$3,476,271$1,212,757$844,669$2,880,800
67$3,783,165$1,224,497$825,280$3,101,520
68$4,119,860$1,235,310$803,740$3,343,326
69$4,489,349$1,245,103$779,928$3,608,355
70$4,894,928$1,253,778$753,720$3,898,965
71$5,340,226$1,261,229$724,986$4,217,753
72$5,829,245$1,267,345$693,589$4,567,583
73$6,366,390$1,272,007$659,386$4,951,613
74$6,956,514$1,275,087$622,228$5,373,324
75$7,604,965$1,276,453$581,959$5,836,552
76$8,317,632$1,275,960$538,415$6,345,527
77$9,101,006$1,273,457$491,428$6,904,911
78$9,962,236$1,268,784$440,817$7,519,844
79$10,909,198$1,261,768$386,399$8,195,992
80$11,950,571$1,252,230$327,978$8,939,599
81$13,095,916$1,239,976$265,352$9,757,550
82$14,355,767$1,224,803$198,310$10,657,433
83$15,741,732$1,206,494$126,629$11,647,612
84$17,266,598$1,184,822$50,080$12,737,307
85$18,944,455$1,159,542$0$13,936,681
86$20,790,828$1,130,399$0$15,264,020
87$22,822,824$1,097,119$0$16,737,024
88$25,059,290$1,059,416$0$18,358,128
89$27,520,994$1,016,985$0$20,142,396
90$30,230,821$969,502$0$22,106,427
91$33,213,985$916,628$0$24,268,513
92$36,498,269$858,001$0$26,648,813
93$40,114,289$793,239$0$29,269,540
94$44,095,778$721,940$0$32,155,176
95$48,479,910$643,677$0$35,332,696
96$53,307,643$557,999$0$38,831,831
97$58,624,112$464,431$0$42,685,342
98$64,479,052$362,469$0$46,929,334
99$70,927,268$251,582$0$51,603,593
100$78,029,150$131,210$0$56,751,966