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%18.3%
1 years$42,941$42,559$42,185$41,821$41,466$40,074
2 years$21,258$20,862$20,478$20,106$19,745$18,357
3 years$14,031$13,634$13,251$12,882$12,527$11,186
4 years$10,419$10,022$9,643$9,281$8,935$7,651
5 years$8,251$7,857$7,484$7,129$6,792$5,568
6 years$6,807$6,416$6,048$5,701$5,374$4,212
7 years$5,776$5,388$5,026$4,687$4,371$3,270
8 years$5,003$4,619$4,262$3,932$3,626$2,586
9 years$4,402$4,021$3,671$3,349$3,054$2,073
10 years$3,922$3,545$3,201$2,887$2,602$1,679
11 years$3,529$3,156$2,818$2,512$2,238$1,371
12 years$3,202$2,832$2,501$2,204$1,939$1,126
13 years$2,925$2,560$2,234$1,946$1,691$930
14 years$2,688$2,327$2,007$1,727$1,482$771
15 years$2,483$2,125$1,812$1,540$1,305$641
16 years$2,304$1,950$1,643$1,379$1,153$535
17 years$2,146$1,796$1,495$1,239$1,023$447
18 years$2,005$1,660$1,365$1,117$909$374
19 years$1,880$1,538$1,250$1,009$811$314
20 years$1,767$1,429$1,147$914$724$264
21 years$1,665$1,331$1,055$829$648$222
22 years$1,573$1,243$972$754$581$186
23 years$1,489$1,162$898$687$521$157
24 years$1,412$1,089$830$626$469$132
25 years$1,341$1,022$769$572$422$111
26 years$1,275$960$713$523$380$94
27 years$1,215$904$662$479$342$79
28 years$1,159$852$616$439$309$67
29 years$1,107$804$573$402$279$57
30 years$1,058$759$534$369$252$48
31 years$1,013$717$497$339$228$40
32 years$971$679$464$312$206$34
33 years$931$643$433$287$187$29
34 years$894$609$405$264$169$24
35 years$859$578$379$243$153$21
36 years$826$548$354$224$139$17
37 years$795$521$331$206$126$15
38 years$765$495$310$190$114$12
39 years$737$471$291$175$103$10
40 years$711$448$273$161$94$9
41 years$686$426$256$149$85$7
42 years$662$406$240$137$77$6
43 years$639$387$225$127$70$5
44 years$618$369$211$117$64$5
45 years$597$352$198$108$58$4
46 years$578$335$186$100$52$3
47 years$559$320$175$92$48$3
48 years$541$306$164$85$43$2
49 years$524$292$155$79$39$2
50 years$508$279$145$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $520,000, adding $6,552 every year, while hoping to spend $25,383 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: 23/50/27 Blend
49$520,000$520,000$520,000$520,000
50$579,798$552,238$544,178$588,070
51$611,931$552,291$535,401$595,717
52$646,489$551,495$525,479$601,339
53$683,696$549,783$514,347$606,815
54$723,792$547,081$501,937$612,149
55$767,044$543,314$488,177$617,349
56$813,745$538,399$472,994$622,426
57$864,216$532,249$456,308$627,394
58$918,811$524,774$438,039$632,271
59$977,917$515,875$418,100$637,081
60$1,041,961$505,450$396,404$641,854
61$1,111,414$493,389$372,856$646,624
62$1,186,790$479,578$347,358$651,436
63$1,268,658$463,893$319,811$656,341
64$1,357,643$446,205$290,106$661,399
65$1,454,431$426,377$258,132$666,682
66$1,559,778$404,264$223,775$672,273
67$1,674,515$379,714$186,911$678,268
68$1,799,559$352,562$147,416$684,779
69$1,935,915$322,640$105,156$691,935
70$2,084,693$289,764$59,993$699,884
71$2,247,113$253,743$11,784$708,793
72$2,424,518$214,376$0$718,855
73$2,618,387$171,448$0$741,717
74$2,830,347$124,734$0$770,565
75$3,062,190$73,994$0$802,329
76$3,315,891$18,977$0$837,378
77$3,593,623$0$0$876,123
78$3,897,777$0$0$941,350
79$4,230,990$0$0$1,024,339
80$4,596,163$0$0$1,115,382
81$4,996,492$0$0$1,215,288
82$5,435,498$0$0$1,324,949
83$5,917,058$0$0$1,445,344
84$6,445,441$0$0$1,577,554
85$7,025,352$0$0$1,722,771
86$7,661,972$0$0$1,882,306
87$8,361,009$0$0$2,057,603
88$9,128,748$0$0$2,250,255
89$9,972,118$0$0$2,462,014
90$10,898,746$0$0$2,694,814
91$11,917,039$0$0$2,950,781
92$13,036,256$0$0$3,232,262
93$14,266,599$0$0$3,541,840
94$15,619,308$0$0$3,882,361
95$17,106,764$0$0$4,256,962
96$18,742,611$0$0$4,669,098
97$20,541,880$0$0$5,122,576
98$22,521,131$0$0$5,621,592
99$24,698,611$0$0$6,170,768
100$27,094,425$0$0$6,775,196