Can I retire at age 50 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$43,024$42,640$42,267$41,902$41,545$40,891
2 years$21,299$20,902$20,518$20,145$19,783$19,126
3 years$14,058$13,660$13,276$12,907$12,551$11,911
4 years$10,439$10,041$9,662$9,299$8,952$8,333
5 years$8,267$7,873$7,498$7,142$6,805$6,211
6 years$6,820$6,429$6,059$5,712$5,385$4,815
7 years$5,787$5,399$5,035$4,696$4,379$3,834
8 years$5,013$4,628$4,270$3,939$3,633$3,113
9 years$4,411$4,029$3,678$3,355$3,059$2,564
10 years$3,929$3,552$3,207$2,892$2,607$2,135
11 years$3,536$3,162$2,823$2,517$2,242$1,794
12 years$3,208$2,838$2,505$2,208$1,943$1,518
13 years$2,931$2,565$2,238$1,949$1,694$1,292
14 years$2,693$2,331$2,011$1,730$1,485$1,104
15 years$2,488$2,130$1,816$1,543$1,308$948
16 years$2,308$1,954$1,646$1,382$1,156$816
17 years$2,150$1,799$1,498$1,242$1,025$705
18 years$2,009$1,663$1,368$1,119$911$610
19 years$1,884$1,541$1,252$1,011$812$529
20 years$1,771$1,432$1,149$916$725$460
21 years$1,669$1,334$1,057$831$649$400
22 years$1,576$1,245$974$756$582$349
23 years$1,492$1,164$899$688$522$304
24 years$1,414$1,091$832$628$469$265
25 years$1,343$1,024$770$573$422$232
26 years$1,278$962$714$524$381$203
27 years$1,217$906$663$480$343$177
28 years$1,161$853$617$440$310$155
29 years$1,109$805$574$403$280$136
30 years$1,061$760$535$370$253$119
31 years$1,015$719$498$340$228$104
32 years$973$680$465$312$207$92
33 years$933$644$434$287$187$80
34 years$896$610$406$264$169$70
35 years$861$579$379$243$153$62
36 years$827$550$355$224$139$54
37 years$796$522$332$206$126$48
38 years$767$496$311$190$114$42
39 years$739$472$291$175$103$37
40 years$712$449$273$162$94$32
41 years$687$427$256$149$85$28
42 years$663$407$240$138$77$25
43 years$641$388$225$127$70$22
44 years$619$369$212$117$64$19
45 years$598$352$199$108$58$17
46 years$579$336$187$100$52$15
47 years$560$321$175$93$48$13
48 years$542$306$165$85$43$11
49 years$525$292$155$79$39$10
50 years$509$279$146$73$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $521,000, adding $5,814 every year, while hoping to spend $30,330 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: 75/20/5 Blend
49$521,000$521,000$521,000$521,000
50$580,139$552,526$544,451$623,012
51$607,042$547,329$530,419$646,799
52$635,673$540,861$514,900$668,393
53$666,176$533,027$497,814$691,169
54$698,708$523,728$479,073$715,233
55$733,444$512,857$458,589$740,700
56$770,571$500,303$436,267$767,700
57$810,298$485,947$412,011$796,373
58$852,853$469,663$385,718$826,878
59$898,485$451,318$357,281$859,386
60$947,470$430,771$326,589$894,089
61$1,000,106$407,874$293,524$931,199
62$1,056,726$382,468$257,966$970,950
63$1,117,691$354,388$219,787$1,013,599
64$1,183,399$323,457$178,854$1,059,432
65$1,254,289$289,489$135,028$1,108,765
66$1,330,840$252,288$88,165$1,161,946
67$1,413,580$211,645$38,113$1,219,360
68$1,503,090$167,340$0$1,281,432
69$1,600,008$119,143$0$1,349,450
70$1,705,036$66,807$0$1,425,340
71$1,818,943$10,075$0$1,507,648
72$1,942,579$0$0$1,597,020
73$2,076,876$0$0$1,705,461
74$2,222,860$0$0$1,825,768
75$2,381,660$0$0$1,956,656
76$2,554,518$0$0$2,099,152
77$2,742,800$0$0$2,254,384
78$2,948,010$0$0$2,423,595
79$3,171,803$0$0$2,608,153
80$3,416,001$0$0$2,809,561
81$3,682,607$0$0$3,029,478
82$3,973,830$0$0$3,269,727
83$4,292,100$0$0$3,532,315
84$4,640,090$0$0$3,819,453
85$5,020,746$0$0$4,133,575
86$5,437,312$0$0$4,477,360
87$5,893,357$0$0$4,853,759
88$6,392,814$0$0$5,266,022
89$6,940,013$0$0$5,717,726
90$7,539,724$0$0$6,212,814
91$8,197,197$0$0$6,755,625
92$8,918,218$0$0$7,350,939
93$9,709,158$0$0$8,004,021
94$10,577,034$0$0$8,720,672
95$11,529,575$0$0$9,507,278
96$12,575,298$0$0$10,370,877
97$13,723,579$0$0$11,319,220
98$14,984,752$0$0$12,360,845
99$16,370,197$0$0$13,505,157
100$17,892,453$0$0$14,762,521