Can I retire at age 50 with 936,000?

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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$77,294$76,606$75,934$75,278$74,638$73,736
2 years$38,264$37,552$36,861$36,191$35,542$34,634
3 years$25,256$24,540$23,852$23,188$22,549$21,664
4 years$18,753$18,040$17,358$16,706$16,082$15,226
5 years$14,853$14,143$13,470$12,832$12,226$11,401
6 years$12,253$11,549$10,886$10,262$9,674$8,882
7 years$10,397$9,699$9,046$8,437$7,867$7,109
8 years$9,006$8,314$7,672$7,077$6,527$5,801
9 years$7,924$7,239$6,608$6,028$5,496$4,804
10 years$7,059$6,381$5,761$5,196$4,683$4,023
11 years$6,352$5,680$5,072$4,522$4,028$3,399
12 years$5,763$5,098$4,501$3,967$3,490$2,892
13 years$5,265$4,607$4,021$3,502$3,044$2,476
14 years$4,839$4,188$3,613$3,109$2,668$2,130
15 years$4,470$3,826$3,262$2,772$2,349$1,839
16 years$4,147$3,510$2,958$2,482$2,076$1,594
17 years$3,862$3,233$2,691$2,230$1,841$1,385
18 years$3,610$2,987$2,457$2,010$1,637$1,207
19 years$3,384$2,768$2,249$1,816$1,459$1,054
20 years$3,181$2,573$2,064$1,645$1,303$922
21 years$2,998$2,396$1,899$1,493$1,166$807
22 years$2,831$2,237$1,750$1,357$1,045$708
23 years$2,680$2,092$1,616$1,236$938$622
24 years$2,541$1,960$1,494$1,128$843$547
25 years$2,413$1,839$1,384$1,030$759$481
26 years$2,296$1,729$1,284$942$684$424
27 years$2,187$1,627$1,192$862$616$373
28 years$2,086$1,533$1,108$790$556$329
29 years$1,993$1,446$1,031$724$502$291
30 years$1,905$1,366$960$665$454$256
31 years$1,824$1,291$895$610$410$226
32 years$1,748$1,222$835$561$371$200
33 years$1,676$1,157$780$516$336$177
34 years$1,609$1,097$729$475$304$156
35 years$1,546$1,040$681$437$275$138
36 years$1,487$987$637$402$250$122
37 years$1,430$938$597$371$226$108
38 years$1,377$891$559$342$205$96
39 years$1,327$847$523$315$186$85
40 years$1,280$806$491$291$169$75
41 years$1,235$767$460$268$153$66
42 years$1,192$731$432$247$139$59
43 years$1,151$696$405$228$126$52
44 years$1,112$664$380$211$114$46
45 years$1,075$633$357$195$104$41
46 years$1,040$604$335$180$94$36
47 years$1,006$576$315$166$86$32
48 years$974$550$296$154$78$28
49 years$943$525$278$142$71$25
50 years$914$502$262$131$64$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $936,000, adding $3,740 every year, while hoping to spend $48,287 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: 62/28/10 Blend
49$936,000$936,000$936,000$936,000
50$1,035,330$985,722$971,214$1,096,970
51$1,089,556$982,645$952,372$1,135,605
52$1,147,696$977,799$931,282$1,171,855
53$1,210,096$971,047$907,815$1,210,215
54$1,277,139$962,242$881,840$1,250,889
55$1,349,245$951,229$853,219$1,294,104
56$1,426,873$937,844$821,807$1,340,112
57$1,510,529$921,913$787,452$1,389,191
58$1,600,769$903,253$749,998$1,441,651
59$1,698,202$881,667$709,278$1,497,835
60$1,803,499$856,950$665,119$1,558,121
61$1,917,398$828,882$617,342$1,622,931
62$2,040,707$797,232$565,758$1,692,730
63$2,174,317$761,754$510,169$1,768,036
64$2,319,208$722,191$450,370$1,849,418
65$2,476,455$678,266$386,146$1,937,511
66$2,647,244$629,691$317,271$2,033,016
67$2,832,875$576,159$243,513$2,136,707
68$3,034,783$517,345$164,625$2,249,445
69$3,254,544$452,908$80,353$2,372,178
70$3,493,892$382,485$0$2,505,959
71$3,754,736$305,693$0$2,652,973
72$4,039,177$222,130$0$2,822,701
73$4,349,526$131,368$0$3,008,014
74$4,688,330$32,957$0$3,210,519
75$5,058,389$0$0$3,431,990
76$5,462,787$0$0$3,697,057
77$5,904,919$0$0$3,998,027
78$6,388,524$0$0$4,327,297
79$6,917,718$0$0$4,687,679
80$7,497,033$0$0$5,082,269
81$8,131,460$0$0$5,514,475
82$8,826,495$0$0$5,988,050
83$9,588,191$0$0$6,507,131
84$10,423,214$0$0$7,076,269
85$11,338,905$0$0$7,700,479
86$12,343,352$0$0$8,385,286
87$13,445,460$0$0$9,136,772
88$14,655,040$0$0$9,961,640
89$15,982,900$0$0$10,867,272
90$17,440,941$0$0$11,861,798
91$19,042,278$0$0$12,954,177
92$20,801,356$0$0$14,154,277
93$22,734,088$0$0$15,472,969
94$24,858,005$0$0$16,922,228
95$27,192,420$0$0$18,515,248
96$29,758,611$0$0$20,266,566
97$32,580,019$0$0$22,192,195
98$35,682,471$0$0$24,309,779
99$39,094,420$0$0$26,638,757
100$42,847,217$0$0$29,200,547