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%16.7%
1 years$76,386$75,705$75,041$74,393$73,761$71,745
2 years$37,815$37,110$36,428$35,766$35,124$33,108
3 years$24,959$24,252$23,571$22,916$22,284$20,331
4 years$18,533$17,828$17,154$16,509$15,893$14,018
5 years$14,678$13,977$13,312$12,681$12,082$10,289
6 years$12,109$11,413$10,758$10,141$9,560$7,852
7 years$10,275$9,585$8,940$8,337$7,775$6,151
8 years$8,900$8,216$7,582$6,994$6,450$4,910
9 years$7,831$7,154$6,530$5,957$5,432$3,975
10 years$6,976$6,306$5,693$5,135$4,628$3,251
11 years$6,277$5,613$5,012$4,469$3,980$2,682
12 years$5,695$5,038$4,448$3,920$3,449$2,227
13 years$5,203$4,553$3,974$3,461$3,008$1,859
14 years$4,782$4,139$3,571$3,072$2,637$1,558
15 years$4,417$3,781$3,224$2,740$2,322$1,311
16 years$4,098$3,469$2,923$2,453$2,052$1,106
17 years$3,817$3,195$2,660$2,204$1,819$935
18 years$3,567$2,952$2,428$1,986$1,618$793
19 years$3,344$2,736$2,223$1,795$1,442$673
20 years$3,144$2,542$2,040$1,626$1,288$572
21 years$2,963$2,368$1,876$1,475$1,152$487
22 years$2,798$2,211$1,729$1,341$1,033$415
23 years$2,648$2,067$1,597$1,222$927$354
24 years$2,511$1,937$1,477$1,114$833$302
25 years$2,385$1,818$1,368$1,018$750$258
26 years$2,269$1,708$1,269$930$676$220
27 years$2,161$1,608$1,178$852$609$188
28 years$2,062$1,515$1,095$780$550$161
29 years$1,969$1,429$1,019$716$496$138
30 years$1,883$1,350$949$657$448$118
31 years$1,802$1,276$885$603$405$101
32 years$1,727$1,207$826$554$367$86
33 years$1,657$1,143$771$510$332$74
34 years$1,590$1,084$720$469$300$63
35 years$1,528$1,028$673$432$272$54
36 years$1,469$976$630$398$247$46
37 years$1,414$927$590$366$223$40
38 years$1,361$881$552$338$203$34
39 years$1,312$837$517$311$184$29
40 years$1,265$797$485$287$167$25
41 years$1,220$758$455$265$151$21
42 years$1,178$722$426$245$137$18
43 years$1,137$688$400$226$125$16
44 years$1,099$656$376$208$113$13
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$8
48 years$963$544$292$152$77$7
49 years$932$519$275$140$70$6
50 years$903$496$258$130$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $925,000, adding $2,582 every year, while hoping to spend $23,509 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: 51/28/21 Blend
49$925,000$925,000$925,000$925,000
50$1,022,013$972,988$958,651$1,068,045
51$1,101,245$995,651$965,752$1,122,787
52$1,187,771$1,018,637$972,304$1,179,647
53$1,282,310$1,041,936$978,262$1,240,975
54$1,385,653$1,065,539$983,581$1,307,204
55$1,498,672$1,089,433$988,214$1,378,810
56$1,622,328$1,113,606$992,110$1,456,317
57$1,757,676$1,138,043$995,216$1,540,305
58$1,905,880$1,162,729$997,478$1,631,409
59$2,068,223$1,187,646$998,836$1,730,333
60$2,246,115$1,212,773$999,230$1,837,851
61$2,441,110$1,238,090$998,596$1,954,817
62$2,654,920$1,263,574$996,865$2,082,170
63$2,889,430$1,289,197$993,969$2,220,948
64$3,146,718$1,314,934$989,832$2,372,293
65$3,429,069$1,340,752$984,378$2,537,466
66$3,739,004$1,366,618$977,525$2,717,854
67$4,079,298$1,392,498$969,187$2,914,989
68$4,453,007$1,418,351$959,276$3,130,558
69$4,863,500$1,444,137$947,698$3,366,421
70$5,314,486$1,469,809$934,355$3,624,629
71$5,810,053$1,495,318$919,145$3,907,442
72$6,354,702$1,520,613$901,960$4,217,352
73$6,953,394$1,545,635$882,688$4,557,106
74$7,611,593$1,570,325$861,211$4,929,731
75$8,335,322$1,594,616$837,408$5,338,567
76$9,131,212$1,618,440$811,148$5,787,292
77$10,006,571$1,641,719$782,298$6,279,962
78$10,969,453$1,664,375$750,716$6,821,049
79$12,028,728$1,686,320$716,256$7,415,483
80$13,194,172$1,707,464$678,764$8,068,695
81$14,476,554$1,727,706$638,079$8,786,676
82$15,887,741$1,746,942$594,034$9,576,027
83$17,440,809$1,765,060$546,452$10,444,027
84$19,150,164$1,781,941$495,150$11,398,697
85$21,031,680$1,797,455$439,937$12,448,881
86$23,102,850$1,811,469$380,613$13,604,324
87$25,382,945$1,823,836$316,969$14,875,773
88$27,893,204$1,834,402$248,786$16,275,069
89$30,657,027$1,843,004$175,836$17,815,268
90$33,700,200$1,849,467$97,883$19,510,758
91$37,051,135$1,853,606$14,677$21,377,399
92$40,741,141$1,855,223$0$23,432,675
93$44,804,718$1,854,109$0$25,712,462
94$49,279,881$1,850,042$0$28,225,980
95$54,208,521$1,842,786$0$30,993,412
96$59,636,798$1,832,091$0$34,040,626
97$65,615,578$1,817,690$0$37,396,131
98$72,200,912$1,799,301$0$41,091,346
99$79,454,565$1,776,627$0$45,160,896
100$87,444,599$1,749,351$0$49,642,940