Can I retire at age 50 with 511,000?

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 $511,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$42,198$41,822$41,455$41,097$40,748$39,779
2 years$20,890$20,501$20,124$19,758$19,404$18,433
3 years$13,788$13,398$13,022$12,659$12,311$11,369
4 years$10,238$9,849$9,476$9,120$8,780$7,874
5 years$8,109$7,721$7,354$7,005$6,674$5,807
6 years$6,689$6,305$5,943$5,602$5,281$4,453
7 years$5,676$5,295$4,939$4,606$4,295$3,507
8 years$4,916$4,539$4,188$3,864$3,563$2,814
9 years$4,326$3,952$3,608$3,291$3,001$2,290
10 years$3,854$3,483$3,145$2,837$2,557$1,884
11 years$3,468$3,101$2,769$2,469$2,199$1,563
12 years$3,146$2,783$2,457$2,166$1,906$1,305
13 years$2,874$2,515$2,195$1,912$1,662$1,096
14 years$2,642$2,286$1,973$1,697$1,457$925
15 years$2,440$2,089$1,781$1,514$1,282$783
16 years$2,264$1,916$1,615$1,355$1,133$665
17 years$2,109$1,765$1,469$1,218$1,005$566
18 years$1,971$1,631$1,341$1,097$894$483
19 years$1,847$1,511$1,228$992$796$413
20 years$1,737$1,404$1,127$898$711$353
21 years$1,637$1,308$1,037$815$637$303
22 years$1,546$1,221$955$741$571$260
23 years$1,463$1,142$882$675$512$223
24 years$1,387$1,070$816$616$460$192
25 years$1,317$1,004$756$562$414$165
26 years$1,253$944$701$514$373$142
27 years$1,194$888$651$470$336$122
28 years$1,139$837$605$431$304$105
29 years$1,088$790$563$395$274$91
30 years$1,040$746$524$363$248$78
31 years$996$705$489$333$224$67
32 years$954$667$456$306$203$58
33 years$915$632$426$282$183$50
34 years$879$599$398$259$166$43
35 years$844$568$372$238$150$37
36 years$812$539$348$220$136$32
37 years$781$512$326$202$123$28
38 years$752$486$305$187$112$24
39 years$725$463$286$172$102$21
40 years$699$440$268$159$92$18
41 years$674$419$251$146$84$15
42 years$651$399$236$135$76$13
43 years$628$380$221$125$69$11
44 years$607$362$208$115$62$10
45 years$587$346$195$106$57$9
46 years$568$330$183$98$51$7
47 years$549$315$172$91$47$6
48 years$532$300$162$84$42$6
49 years$515$287$152$77$39$5
50 years$499$274$143$72$35$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $511,000, adding $6,644 every year, while hoping to spend $28,656 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: 26/49/25 Blend
49$511,000$511,000$511,000$511,000
50$569,975$542,892$534,972$580,181
51$597,623$539,004$522,404$585,057
52$627,130$533,965$508,454$587,373
53$658,657$527,689$493,046$589,257
54$692,377$520,083$476,101$590,691
55$728,483$511,050$457,533$591,658
56$767,184$500,487$437,256$592,142
57$808,711$488,285$415,179$592,131
58$853,317$474,329$391,205$591,611
59$901,279$458,495$365,234$590,575
60$952,903$440,655$337,163$589,016
61$1,008,523$420,671$306,882$586,930
62$1,068,506$398,397$274,276$584,321
63$1,133,257$373,682$239,227$581,193
64$1,203,219$346,362$201,611$577,559
65$1,278,879$316,266$161,297$573,436
66$1,360,775$283,213$118,151$568,850
67$1,449,494$247,010$72,029$563,835
68$1,545,685$207,457$22,785$558,434
69$1,650,061$164,338$0$552,702
70$1,763,404$117,427$0$554,646
71$1,886,577$66,487$0$563,408
72$2,020,528$11,265$0$573,047
73$2,166,300$0$0$583,723
74$2,325,040$0$0$621,776
75$2,498,012$0$0$669,937
76$2,686,605$0$0$722,531
77$2,892,349$0$0$779,993
78$3,116,928$0$0$842,804
79$3,362,195$0$0$911,495
80$3,630,190$0$0$986,648
81$3,923,161$0$0$1,068,905
82$4,243,579$0$0$1,158,974
83$4,594,167$0$0$1,257,633
84$4,977,925$0$0$1,365,738
85$5,398,153$0$0$1,484,235
86$5,858,488$0$0$1,614,163
87$6,362,933$0$0$1,756,668
88$6,915,898$0$0$1,913,010
89$7,522,240$0$0$2,084,581
90$8,187,307$0$0$2,272,909
91$8,916,992$0$0$2,479,682
92$9,717,785$0$0$2,706,755
93$10,596,833$0$0$2,956,176
94$11,562,010$0$0$3,230,198
95$12,621,992$0$0$3,531,304
96$13,786,331$0$0$3,862,228
97$15,065,556$0$0$4,225,985
98$16,471,262$0$0$4,625,894
99$18,016,224$0$0$5,065,613
100$19,714,516$0$0$5,549,171