Can I retire at age 50 with 520,000?

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 $520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$42,941$42,559$42,185$41,821$41,466$40,745
2 years$21,258$20,862$20,478$20,106$19,745$19,022
3 years$14,031$13,634$13,251$12,882$12,527$11,823
4 years$10,419$10,022$9,643$9,281$8,935$8,255
5 years$8,251$7,857$7,484$7,129$6,792$6,140
6 years$6,807$6,416$6,048$5,701$5,374$4,750
7 years$5,776$5,388$5,026$4,687$4,371$3,774
8 years$5,003$4,619$4,262$3,932$3,626$3,057
9 years$4,402$4,021$3,671$3,349$3,054$2,512
10 years$3,922$3,545$3,201$2,887$2,602$2,087
11 years$3,529$3,156$2,818$2,512$2,238$1,749
12 years$3,202$2,832$2,501$2,204$1,939$1,476
13 years$2,925$2,560$2,234$1,946$1,691$1,253
14 years$2,688$2,327$2,007$1,727$1,482$1,068
15 years$2,483$2,125$1,812$1,540$1,305$914
16 years$2,304$1,950$1,643$1,379$1,153$785
17 years$2,146$1,796$1,495$1,239$1,023$676
18 years$2,005$1,660$1,365$1,117$909$584
19 years$1,880$1,538$1,250$1,009$811$505
20 years$1,767$1,429$1,147$914$724$437
21 years$1,665$1,331$1,055$829$648$379
22 years$1,573$1,243$972$754$581$329
23 years$1,489$1,162$898$687$521$286
24 years$1,412$1,089$830$626$469$249
25 years$1,341$1,022$769$572$422$217
26 years$1,275$960$713$523$380$189
27 years$1,215$904$662$479$342$165
28 years$1,159$852$616$439$309$144
29 years$1,107$804$573$402$279$126
30 years$1,058$759$534$369$252$110
31 years$1,013$717$497$339$228$96
32 years$971$679$464$312$206$84
33 years$931$643$433$287$187$73
34 years$894$609$405$264$169$64
35 years$859$578$379$243$153$56
36 years$826$548$354$224$139$49
37 years$795$521$331$206$126$43
38 years$765$495$310$190$114$37
39 years$737$471$291$175$103$33
40 years$711$448$273$161$94$29
41 years$686$426$256$149$85$25
42 years$662$406$240$137$77$22
43 years$639$387$225$127$70$19
44 years$618$369$211$117$64$17
45 years$597$352$198$108$58$15
46 years$578$335$186$100$52$13
47 years$559$320$175$92$48$11
48 years$541$306$164$85$43$10
49 years$524$292$155$79$39$9
50 years$508$279$145$73$36$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $520,000, adding $2,907 every year, while hoping to spend $21,577 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: 45/48/7 Blend
49$520,000$520,000$520,000$520,000
50$576,039$548,479$540,419$600,709
51$611,837$552,396$535,565$621,945
52$650,563$555,783$529,825$642,492
53$692,494$558,589$523,148$664,269
54$737,932$560,764$515,477$687,397
55$787,211$562,251$506,755$712,009
56$840,698$562,993$496,923$738,254
57$898,796$562,926$485,917$766,296
58$961,948$561,985$473,670$796,316
59$1,030,644$560,100$460,116$828,517
60$1,105,421$557,195$445,180$863,122
61$1,186,868$553,192$428,788$900,378
62$1,275,637$548,007$410,861$940,562
63$1,372,443$541,550$391,316$983,976
64$1,478,074$533,728$370,066$1,030,958
65$1,593,397$524,440$347,023$1,081,881
66$1,719,367$513,581$322,092$1,137,158
67$1,857,034$501,038$295,174$1,197,246
68$2,007,555$486,693$266,166$1,262,653
69$2,172,204$470,420$234,961$1,333,939
70$2,352,384$452,085$201,447$1,411,725
71$2,549,638$431,549$165,507$1,496,696
72$2,765,668$408,661$127,017$1,589,613
73$3,002,345$383,265$85,852$1,691,315
74$3,261,733$355,193$41,877$1,802,732
75$3,546,103$324,271$0$1,924,892
76$3,857,956$290,310$0$2,059,309
77$4,200,048$253,116$0$2,210,223
78$4,575,413$212,479$0$2,375,904
79$4,987,395$168,181$0$2,557,900
80$5,439,676$119,988$0$2,757,919
81$5,936,312$67,656$0$2,977,849
82$6,481,771$10,926$0$3,219,777
83$7,080,975$0$0$3,486,005
84$7,739,347$0$0$3,805,737
85$8,462,861$0$0$4,163,513
86$9,258,097$0$0$4,556,824
87$10,132,307$0$0$4,989,265
88$11,093,476$0$0$5,464,796
89$12,150,407$0$0$5,987,779
90$13,312,795$0$0$6,563,023
91$14,591,323$0$0$7,195,823
92$15,997,759$0$0$7,892,014
93$17,545,073$0$0$8,658,027
94$19,247,553$0$0$9,500,946
95$21,120,942$0$0$10,428,576
96$23,182,585$0$0$11,449,518
97$25,451,596$0$0$12,573,248
98$27,949,035$0$0$13,810,210
99$30,698,106$0$0$15,171,908
100$33,724,377$0$0$16,671,021