Can I retire at age 50 with 509,000?

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 $509,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$42,033$41,658$41,293$40,937$40,588$38,978
2 years$20,808$20,421$20,045$19,681$19,328$17,725
3 years$13,734$13,345$12,971$12,610$12,262$10,718
4 years$10,198$9,810$9,439$9,085$8,746$7,272
5 years$8,077$7,691$7,325$6,978$6,648$5,248
6 years$6,663$6,280$5,920$5,580$5,261$3,935
7 years$5,654$5,274$4,919$4,588$4,278$3,027
8 years$4,897$4,521$4,172$3,849$3,549$2,371
9 years$4,309$3,936$3,593$3,278$2,989$1,882
10 years$3,839$3,470$3,133$2,826$2,547$1,509
11 years$3,454$3,089$2,758$2,459$2,190$1,219
12 years$3,134$2,772$2,448$2,157$1,898$991
13 years$2,863$2,505$2,187$1,904$1,655$809
14 years$2,631$2,277$1,965$1,691$1,451$664
15 years$2,431$2,080$1,774$1,508$1,277$546
16 years$2,255$1,909$1,608$1,350$1,129$450
17 years$2,100$1,758$1,464$1,213$1,001$372
18 years$1,963$1,624$1,336$1,093$890$307
19 years$1,840$1,505$1,223$988$793$255
20 years$1,730$1,399$1,123$895$709$211
21 years$1,630$1,303$1,033$812$634$175
22 years$1,540$1,216$952$738$568$146
23 years$1,457$1,138$879$672$510$121
24 years$1,382$1,066$813$613$459$101
25 years$1,312$1,000$753$560$413$84
26 years$1,248$940$698$512$372$70
27 years$1,189$885$648$469$335$58
28 years$1,134$834$603$429$302$48
29 years$1,084$787$561$394$273$40
30 years$1,036$743$522$361$247$34
31 years$992$702$487$332$223$28
32 years$950$664$454$305$202$23
33 years$912$629$424$280$183$19
34 years$875$596$396$258$165$16
35 years$841$566$371$238$150$14
36 years$808$537$347$219$136$11
37 years$778$510$324$202$123$9
38 years$749$485$304$186$111$8
39 years$722$461$285$171$101$7
40 years$696$438$267$158$92$5
41 years$671$417$250$146$83$5
42 years$648$397$235$135$75$4
43 years$626$379$220$124$69$3
44 years$605$361$207$115$62$3
45 years$585$344$194$106$56$2
46 years$565$328$182$98$51$2
47 years$547$313$171$90$47$2
48 years$530$299$161$84$42$1
49 years$513$286$151$77$38$1
50 years$497$273$142$71$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $509,000, adding $3,445 every year, while hoping to spend $27,129 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: 50/40/10 Blend
49$509,000$509,000$509,000$509,000
50$564,472$537,495$529,605$591,028
51$593,183$534,967$518,482$607,035
52$623,913$531,406$506,077$621,259
53$656,840$526,732$492,318$636,088
54$692,158$520,863$477,131$651,587
55$730,080$513,707$460,437$667,829
56$770,842$505,172$442,155$684,893
57$814,699$495,157$422,199$702,872
58$861,934$483,556$400,479$721,868
59$912,858$470,257$376,901$741,993
60$967,811$455,140$351,368$763,376
61$1,027,167$438,081$323,778$786,161
62$1,091,337$418,947$294,024$810,507
63$1,160,774$397,595$261,994$836,591
64$1,235,974$373,879$227,572$864,615
65$1,317,484$347,639$190,636$894,800
66$1,405,904$318,710$151,059$927,395
67$1,501,895$286,916$108,709$962,675
68$1,606,183$252,070$63,446$1,000,949
69$1,719,569$213,977$15,126$1,042,561
70$1,842,931$172,427$0$1,087,891
71$1,977,237$127,203$0$1,141,254
72$2,123,551$78,072$0$1,201,208
73$2,283,046$24,790$0$1,266,681
74$2,457,010$0$0$1,338,275
75$2,646,862$0$0$1,431,139
76$2,854,166$0$0$1,544,504
77$3,080,640$0$0$1,668,405
78$3,328,179$0$0$1,803,884
79$3,598,865$0$0$1,952,089
80$3,894,995$0$0$2,114,284
81$4,219,095$0$0$2,291,859
82$4,573,948$0$0$2,486,348
83$4,962,617$0$0$2,699,437
84$5,388,478$0$0$2,932,985
85$5,855,246$0$0$3,189,038
86$6,367,015$0$0$3,469,851
87$6,928,292$0$0$3,777,906
88$7,544,042$0$0$4,115,937
89$8,219,734$0$0$4,486,957
90$8,961,392$0$0$4,894,284
91$9,775,652$0$0$5,341,573
92$10,669,822$0$0$5,832,849
93$11,651,955$0$0$6,372,548
94$12,730,920$0$0$6,965,556
95$13,916,490$0$0$7,617,256
96$15,219,428$0$0$8,333,577
97$16,651,595$0$0$9,121,053
98$18,226,057$0$0$9,986,881
99$19,957,207$0$0$10,938,991
100$21,860,906$0$0$11,986,120