Can I retire at age 50 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$76,468$75,787$75,123$74,474$73,841$72,558
2 years$37,856$37,151$36,467$35,805$35,162$33,874
3 years$24,986$24,278$23,597$22,940$22,308$21,055
4 years$18,553$17,847$17,172$16,527$15,910$14,701
5 years$14,694$13,992$13,326$12,695$12,095$10,933
6 years$12,122$11,426$10,770$10,152$9,570$8,458
7 years$10,286$9,595$8,950$8,346$7,783$6,720
8 years$8,909$8,225$7,590$7,002$6,457$5,443
9 years$7,839$7,161$6,537$5,964$5,438$4,473
10 years$6,984$6,312$5,699$5,141$4,633$3,716
11 years$6,284$5,620$5,018$4,474$3,985$3,114
12 years$5,701$5,044$4,453$3,924$3,453$2,628
13 years$5,209$4,558$3,978$3,465$3,011$2,231
14 years$4,787$4,143$3,575$3,076$2,640$1,902
15 years$4,422$3,785$3,227$2,743$2,324$1,628
16 years$4,103$3,473$2,926$2,456$2,054$1,398
17 years$3,821$3,198$2,663$2,207$1,821$1,204
18 years$3,571$2,955$2,431$1,989$1,619$1,039
19 years$3,348$2,739$2,225$1,797$1,443$899
20 years$3,147$2,545$2,042$1,627$1,289$779
21 years$2,966$2,371$1,878$1,477$1,154$675
22 years$2,801$2,213$1,731$1,343$1,034$587
23 years$2,651$2,070$1,598$1,223$928$510
24 years$2,514$1,939$1,478$1,115$834$444
25 years$2,387$1,820$1,369$1,019$751$387
26 years$2,271$1,710$1,270$931$676$337
27 years$2,164$1,610$1,179$853$610$294
28 years$2,064$1,517$1,096$781$550$256
29 years$1,971$1,431$1,020$716$497$224
30 years$1,885$1,351$950$657$449$196
31 years$1,804$1,277$886$604$406$171
32 years$1,729$1,209$827$555$367$149
33 years$1,658$1,145$772$510$332$130
34 years$1,592$1,085$721$469$301$114
35 years$1,530$1,029$674$432$272$100
36 years$1,471$977$631$398$247$87
37 years$1,415$928$590$367$224$76
38 years$1,363$882$553$338$203$67
39 years$1,313$838$518$312$184$58
40 years$1,266$798$485$287$167$51
41 years$1,221$759$455$265$151$45
42 years$1,179$723$427$245$137$39
43 years$1,139$689$401$226$125$34
44 years$1,100$657$376$209$113$30
45 years$1,064$626$353$193$103$26
46 years$1,029$597$332$178$93$23
47 years$995$570$312$164$85$20
48 years$964$544$293$152$77$18
49 years$933$520$275$140$70$15
50 years$904$496$259$130$63$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $926,000, adding $6,666 every year, while hoping to spend $22,774 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: 53/34/13 Blend
49$926,000$926,000$926,000$926,000
50$1,027,328$978,250$963,897$1,077,912
51$1,107,884$1,001,953$971,956$1,136,834
52$1,195,894$1,026,054$979,522$1,197,906
53$1,292,093$1,050,549$986,554$1,263,832
54$1,397,292$1,075,431$993,010$1,335,078
55$1,512,384$1,100,696$998,844$1,412,156
56$1,638,351$1,126,334$1,004,009$1,495,632
57$1,776,276$1,152,337$1,008,456$1,586,127
58$1,927,349$1,178,695$1,012,133$1,684,326
59$2,092,884$1,205,396$1,014,984$1,790,986
60$2,274,325$1,232,427$1,016,953$1,906,937
61$2,473,264$1,259,774$1,017,978$2,033,096
62$2,691,454$1,287,419$1,017,997$2,170,473
63$2,930,825$1,315,346$1,016,944$2,320,180
64$3,193,505$1,343,534$1,014,747$2,483,442
65$3,481,836$1,371,961$1,011,335$2,661,611
66$3,798,399$1,400,602$1,006,629$2,856,174
67$4,146,035$1,429,431$1,000,551$3,068,771
68$4,527,877$1,458,419$993,016$3,301,210
69$4,947,373$1,487,535$983,935$3,555,483
70$5,408,324$1,516,743$973,216$3,833,783
71$5,914,916$1,546,006$960,761$4,138,530
72$6,471,761$1,575,284$946,470$4,472,390
73$7,083,941$1,604,533$930,237$4,838,300
74$7,757,052$1,633,705$911,949$5,239,498
75$8,497,263$1,662,748$891,492$5,679,553
76$9,311,369$1,691,608$868,742$6,162,397
77$10,206,857$1,720,224$843,572$6,692,365
78$11,191,974$1,748,534$815,850$7,274,233
79$12,275,810$1,776,466$785,436$7,913,267
80$13,468,379$1,803,949$752,184$8,615,269
81$14,780,713$1,830,902$715,941$9,386,636
82$16,224,970$1,857,240$676,550$10,234,415
83$17,814,545$1,882,873$633,842$11,166,376
84$19,564,197$1,907,702$587,644$12,191,081
85$21,490,189$1,931,624$537,774$13,317,968
86$23,610,442$1,954,527$484,043$14,557,436
87$25,944,700$1,976,293$426,252$15,920,951
88$28,514,722$1,996,793$364,194$17,421,147
89$31,344,481$2,015,894$297,652$19,071,949
90$34,460,396$2,033,450$226,401$20,888,705
91$37,891,575$2,049,307$150,204$22,888,330
92$41,670,095$2,063,303$68,815$25,089,467
93$45,831,302$2,075,262$0$27,512,664
94$50,414,144$2,084,999$0$30,183,070
95$55,461,540$2,092,317$0$33,133,490
96$61,020,782$2,097,006$0$36,381,916
97$67,143,985$2,098,843$0$39,958,707
98$73,888,576$2,097,591$0$43,897,318
99$81,317,837$2,092,998$0$48,234,619
100$89,501,499$2,084,798$0$53,011,244