Can I retire at age 50 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$76,386$75,705$75,041$74,393$73,761$71,774
2 years$37,815$37,110$36,428$35,766$35,124$33,137
3 years$24,959$24,252$23,571$22,916$22,284$20,358
4 years$18,533$17,828$17,154$16,509$15,893$14,044
5 years$14,678$13,977$13,312$12,681$12,082$10,314
6 years$12,109$11,413$10,758$10,141$9,560$7,875
7 years$10,275$9,585$8,940$8,337$7,775$6,173
8 years$8,900$8,216$7,582$6,994$6,450$4,930
9 years$7,831$7,154$6,530$5,957$5,432$3,993
10 years$6,976$6,306$5,693$5,135$4,628$3,269
11 years$6,277$5,613$5,012$4,469$3,980$2,698
12 years$5,695$5,038$4,448$3,920$3,449$2,242
13 years$5,203$4,553$3,974$3,461$3,008$1,872
14 years$4,782$4,139$3,571$3,072$2,637$1,571
15 years$4,417$3,781$3,224$2,740$2,322$1,322
16 years$4,098$3,469$2,923$2,453$2,052$1,116
17 years$3,817$3,195$2,660$2,204$1,819$945
18 years$3,567$2,952$2,428$1,986$1,618$801
19 years$3,344$2,736$2,223$1,795$1,442$681
20 years$3,144$2,542$2,040$1,626$1,288$579
21 years$2,963$2,368$1,876$1,475$1,152$493
22 years$2,798$2,211$1,729$1,341$1,033$421
23 years$2,648$2,067$1,597$1,222$927$359
24 years$2,511$1,937$1,477$1,114$833$306
25 years$2,385$1,818$1,368$1,018$750$262
26 years$2,269$1,708$1,269$930$676$224
27 years$2,161$1,608$1,178$852$609$191
28 years$2,062$1,515$1,095$780$550$164
29 years$1,969$1,429$1,019$716$496$140
30 years$1,883$1,350$949$657$448$120
31 years$1,802$1,276$885$603$405$103
32 years$1,727$1,207$826$554$367$88
33 years$1,657$1,143$771$510$332$75
34 years$1,590$1,084$720$469$300$65
35 years$1,528$1,028$673$432$272$55
36 years$1,469$976$630$398$247$47
37 years$1,414$927$590$366$223$41
38 years$1,361$881$552$338$203$35
39 years$1,312$837$517$311$184$30
40 years$1,265$797$485$287$167$26
41 years$1,220$758$455$265$151$22
42 years$1,178$722$426$245$137$19
43 years$1,137$688$400$226$125$16
44 years$1,099$656$376$208$113$14
45 years$1,062$626$353$192$103$12
46 years$1,028$597$331$178$93$10
47 years$994$569$311$164$85$9
48 years$963$544$292$152$77$7
49 years$932$519$275$140$70$6
50 years$903$496$258$130$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $925,000, adding $4,526 every year, while hoping to spend $50,856 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: 55/28/17 Blend
49$925,000$925,000$925,000$925,000
50$1,024,019$974,994$960,656$1,075,463
51$1,074,358$968,658$938,728$1,104,699
52$1,128,128$960,307$914,360$1,130,683
53$1,185,624$949,789$887,418$1,157,841
54$1,247,171$936,942$857,760$1,186,298
55$1,313,125$921,595$825,238$1,216,192
56$1,383,877$903,567$789,696$1,247,681
57$1,459,855$882,664$750,974$1,280,938
58$1,541,530$858,684$708,901$1,316,161
59$1,629,418$831,412$663,301$1,353,568
60$1,724,086$800,618$613,989$1,393,403
61$1,826,157$766,063$560,772$1,435,938
62$1,936,315$727,490$503,448$1,481,479
63$2,055,311$684,629$441,806$1,530,365
64$2,183,972$637,195$375,626$1,582,974
65$2,323,206$584,887$304,678$1,639,726
66$2,474,011$527,383$228,722$1,701,093
67$2,637,483$464,348$147,507$1,767,595
68$2,814,830$395,425$60,772$1,839,813
69$3,007,378$320,237$0$1,918,393
70$3,216,588$238,385$0$2,009,820
71$3,444,064$149,451$0$2,121,264
72$3,691,573$52,989$0$2,242,629
73$3,961,060$0$0$2,374,956
74$4,254,661$0$0$2,535,253
75$4,574,732$0$0$2,727,878
76$4,923,862$0$0$2,938,072
77$5,304,902$0$0$3,167,563
78$5,720,990$0$0$3,418,250
79$6,175,582$0$0$3,692,227
80$6,672,480$0$0$3,991,797
81$7,215,872$0$0$4,319,496
82$7,810,368$0$0$4,678,118
83$8,461,045$0$0$5,070,737
84$9,173,492$0$0$5,500,740
85$9,953,865$0$0$5,971,856
86$10,808,944$0$0$6,488,192
87$11,746,195$0$0$7,054,272
88$12,773,839$0$0$7,675,076
89$13,900,933$0$0$8,356,093
90$15,137,452$0$0$9,103,365
91$16,494,382$0$0$9,923,550
92$17,983,826$0$0$10,823,981
93$19,619,114$0$0$11,812,735
94$21,414,931$0$0$12,898,709
95$23,387,454$0$0$14,091,708
96$25,554,502$0$0$15,402,528
97$27,935,707$0$0$16,843,065
98$30,552,697$0$0$18,426,426
99$33,429,297$0$0$20,167,049
100$36,591,757$0$0$22,080,842