Can I retire at age 50 with 503,000?

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 $503,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$41,537$41,167$40,806$40,454$40,110$39,494
2 years$20,563$20,180$19,809$19,449$19,100$18,481
3 years$13,572$13,188$12,818$12,461$12,118$11,515
4 years$10,078$9,694$9,328$8,978$8,643$8,061
5 years$7,982$7,601$7,239$6,896$6,570$6,010
6 years$6,585$6,206$5,850$5,514$5,199$4,662
7 years$5,587$5,212$4,861$4,534$4,228$3,715
8 years$4,839$4,468$4,123$3,803$3,507$3,018
9 years$4,258$3,890$3,551$3,240$2,954$2,487
10 years$3,793$3,429$3,096$2,793$2,517$2,072
11 years$3,413$3,053$2,726$2,430$2,164$1,742
12 years$3,097$2,740$2,419$2,132$1,876$1,475
13 years$2,829$2,476$2,161$1,882$1,636$1,256
14 years$2,600$2,251$1,942$1,671$1,434$1,075
15 years$2,402$2,056$1,753$1,490$1,262$923
16 years$2,228$1,886$1,589$1,334$1,116$796
17 years$2,076$1,737$1,446$1,199$989$688
18 years$1,940$1,605$1,320$1,080$880$596
19 years$1,819$1,488$1,209$976$784$517
20 years$1,710$1,382$1,109$884$700$449
21 years$1,611$1,288$1,020$802$627$391
22 years$1,522$1,202$940$729$562$341
23 years$1,440$1,124$868$664$504$298
24 years$1,365$1,053$803$606$453$260
25 years$1,297$989$744$553$408$228
26 years$1,234$929$690$506$367$199
27 years$1,175$874$641$463$331$174
28 years$1,121$824$595$424$299$153
29 years$1,071$777$554$389$270$134
30 years$1,024$734$516$357$244$117
31 years$980$694$481$328$220$103
32 years$939$657$449$301$199$90
33 years$901$622$419$277$180$79
34 years$865$589$392$255$163$70
35 years$831$559$366$235$148$61
36 years$799$531$343$216$134$54
37 years$769$504$321$199$122$47
38 years$740$479$300$184$110$41
39 years$713$455$281$169$100$36
40 years$688$433$264$156$91$32
41 years$663$412$247$144$82$28
42 years$640$393$232$133$75$25
43 years$618$374$218$123$68$22
44 years$598$357$204$113$61$19
45 years$578$340$192$105$56$17
46 years$559$324$180$97$51$15
47 years$541$310$169$89$46$13
48 years$523$296$159$83$42$11
49 years$507$282$149$76$38$10
50 years$491$270$141$71$34$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $503,000, adding $2,848 every year, while hoping to spend $25,869 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: 69/18/13 Blend
49$503,000$503,000$503,000$503,000
50$557,244$530,585$522,788$593,896
51$586,558$529,059$512,777$617,098
52$617,996$526,591$501,564$639,102
53$651,745$523,109$489,080$662,505
54$688,015$518,533$475,256$687,439
55$727,033$512,781$460,018$714,054
56$769,049$505,766$443,287$742,512
57$814,338$497,395$424,983$772,993
58$863,202$487,569$405,022$805,699
59$915,974$476,184$383,315$840,849
60$973,016$463,131$359,769$878,688
61$1,034,731$448,291$334,289$919,485
62$1,101,559$431,543$306,772$963,538
63$1,173,983$412,754$277,115$1,011,178
64$1,252,537$391,786$245,206$1,062,768
65$1,337,806$368,493$210,930$1,118,710
66$1,430,434$342,721$174,168$1,179,448
67$1,531,129$314,305$134,793$1,245,474
68$1,640,671$283,073$92,675$1,317,331
69$1,759,917$248,842$47,678$1,395,617
70$1,889,811$211,417$0$1,480,994
71$2,031,392$170,597$0$1,574,242
72$2,185,801$126,163$0$1,683,180
73$2,354,297$77,890$0$1,802,101
74$2,538,265$25,536$0$1,932,014
75$2,739,228$0$0$2,074,028
76$2,958,864$0$0$2,235,540
77$3,199,020$0$0$2,417,699
78$3,461,730$0$0$2,616,993
79$3,749,234$0$0$2,835,125
80$4,063,997$0$0$3,073,969
81$4,408,734$0$0$3,335,590
82$4,786,436$0$0$3,622,260
83$5,200,396$0$0$3,936,484
84$5,654,241$0$0$4,281,018
85$6,151,966$0$0$4,658,900
86$6,697,969$0$0$5,073,474
87$7,297,098$0$0$5,528,424
88$7,954,690$0$0$6,027,809
89$8,676,625$0$0$6,576,100
90$9,469,380$0$0$7,178,219
91$10,340,089$0$0$7,839,593
92$11,296,613$0$0$8,566,196
93$12,347,610$0$0$9,364,613
94$13,502,620$0$0$10,242,095
95$14,772,150$0$0$11,206,632
96$16,167,779$0$0$12,267,027
97$17,702,261$0$0$13,432,978
98$19,389,650$0$0$14,715,169
99$21,245,428$0$0$16,125,373
100$23,286,652$0$0$17,676,559