Can I retire at age 50 with 935,000?

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 $935,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$77,211$76,524$75,853$75,198$74,558$73,934
2 years$38,223$37,512$36,822$36,153$35,504$34,874
3 years$25,229$24,514$23,826$23,163$22,525$21,910
4 years$18,733$18,021$17,339$16,688$16,065$15,469
5 years$14,837$14,128$13,456$12,818$12,212$11,638
6 years$12,240$11,537$10,874$10,251$9,663$9,111
7 years$10,386$9,689$9,037$8,428$7,859$7,328
8 years$8,996$8,305$7,664$7,070$6,520$6,011
9 years$7,915$7,231$6,601$6,022$5,491$5,004
10 years$7,051$6,374$5,755$5,191$4,678$4,213
11 years$6,345$5,674$5,066$4,518$4,023$3,580
12 years$5,757$5,093$4,496$3,963$3,487$3,064
13 years$5,260$4,602$4,017$3,498$3,040$2,638
14 years$4,834$4,183$3,609$3,105$2,665$2,282
15 years$4,465$3,822$3,259$2,769$2,347$1,983
16 years$4,142$3,506$2,955$2,480$2,074$1,729
17 years$3,858$3,229$2,689$2,228$1,839$1,512
18 years$3,606$2,984$2,454$2,008$1,635$1,326
19 years$3,380$2,765$2,247$1,814$1,457$1,165
20 years$3,178$2,570$2,062$1,643$1,302$1,026
21 years$2,995$2,394$1,897$1,491$1,165$905
22 years$2,828$2,234$1,748$1,356$1,044$799
23 years$2,677$2,090$1,614$1,235$937$707
24 years$2,538$1,958$1,493$1,126$842$626
25 years$2,411$1,837$1,383$1,029$758$554
26 years$2,293$1,727$1,282$941$683$492
27 years$2,185$1,625$1,191$861$616$437
28 years$2,084$1,531$1,107$789$556$388
29 years$1,990$1,445$1,030$723$502$345
30 years$1,903$1,364$959$664$453$306
31 years$1,822$1,290$894$610$410$273
32 years$1,746$1,220$835$560$371$243
33 years$1,674$1,156$779$515$335$216
34 years$1,607$1,095$728$474$304$192
35 years$1,544$1,039$681$436$275$171
36 years$1,485$986$637$402$249$153
37 years$1,429$937$596$370$226$136
38 years$1,376$890$558$341$205$121
39 years$1,326$846$523$315$186$108
40 years$1,278$805$490$290$168$96
41 years$1,233$767$460$268$153$86
42 years$1,190$730$431$247$139$77
43 years$1,150$696$405$228$126$68
44 years$1,111$663$380$211$114$61
45 years$1,074$632$357$195$104$54
46 years$1,039$603$335$180$94$49
47 years$1,005$576$315$166$86$43
48 years$973$549$296$153$78$39
49 years$942$525$278$142$71$35
50 years$913$501$261$131$64$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $935,000, adding $5,476 every year, while hoping to spend $41,287 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: 46/24/30 Blend
49$935,000$935,000$935,000$935,000
50$1,036,018$986,463$971,971$1,074,502
51$1,097,763$990,871$960,603$1,106,794
52$1,164,422$994,111$947,470$1,137,424
53$1,236,453$996,082$932,470$1,169,882
54$1,314,359$996,678$915,496$1,204,362
55$1,398,692$995,784$896,434$1,241,081
56$1,490,061$993,280$875,166$1,280,281
57$1,589,134$989,037$851,571$1,322,230
58$1,696,645$982,919$825,518$1,367,226
59$1,813,404$974,783$796,873$1,415,602
60$1,940,298$964,474$765,496$1,467,725
61$2,078,306$951,831$731,237$1,524,005
62$2,228,504$936,681$693,944$1,584,896
63$2,392,075$918,843$653,456$1,650,903
64$2,570,324$898,123$609,603$1,722,586
65$2,764,682$874,316$562,211$1,800,565
66$2,976,729$847,208$511,094$1,885,529
67$3,208,202$816,567$456,062$1,978,242
68$3,461,012$782,152$396,914$2,079,549
69$3,737,264$743,706$333,439$2,190,389
70$4,039,276$700,958$265,420$2,311,799
71$4,369,598$653,621$192,628$2,444,931
72$4,731,040$601,392$114,824$2,591,057
73$5,126,695$543,949$31,759$2,751,589
74$5,559,969$480,954$0$2,928,087
75$6,034,613$412,048$0$3,140,488
76$6,554,758$336,853$0$3,384,526
77$7,124,953$254,968$0$3,652,229
78$7,750,209$165,972$0$3,946,030
79$8,436,044$69,419$0$4,268,613
80$9,188,536$0$0$4,622,941
81$10,014,381$0$0$5,021,568
82$10,920,954$0$0$5,479,398
83$11,916,378$0$0$5,982,214
84$13,009,602$0$0$6,534,550
85$14,210,484$0$0$7,141,403
86$15,529,885$0$0$7,808,274
87$16,979,766$0$0$8,541,228
88$18,573,310$0$0$9,346,943
89$20,325,035$0$0$10,232,779
90$22,250,940$0$0$11,206,841
91$24,368,649$0$0$12,278,063
92$26,697,579$0$0$13,456,285
93$29,259,125$0$0$14,752,351
94$32,076,859$0$0$16,178,206
95$35,176,750$0$0$17,747,014
96$38,587,414$0$0$19,473,277
97$42,340,378$0$0$21,372,975
98$46,470,382$0$0$23,463,715
99$51,015,702$0$0$25,764,897
100$56,018,513$0$0$28,297,898