Can I retire at age 50 with 522,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$43,106$42,722$42,348$41,982$41,625$40,390
2 years$21,340$20,942$20,557$20,184$19,821$18,587
3 years$14,085$13,686$13,302$12,932$12,576$11,381
4 years$10,459$10,061$9,680$9,317$8,969$7,823
5 years$8,283$7,888$7,512$7,156$6,818$5,724
6 years$6,833$6,441$6,071$5,723$5,395$4,354
7 years$5,798$5,409$5,045$4,705$4,388$3,399
8 years$5,022$4,637$4,279$3,947$3,640$2,704
9 years$4,419$4,037$3,685$3,362$3,065$2,181
10 years$3,937$3,558$3,213$2,898$2,612$1,777
11 years$3,542$3,168$2,829$2,522$2,246$1,460
12 years$3,214$2,843$2,510$2,212$1,947$1,208
13 years$2,936$2,569$2,243$1,953$1,697$1,004
14 years$2,699$2,336$2,015$1,734$1,488$838
15 years$2,493$2,134$1,819$1,546$1,310$702
16 years$2,313$1,958$1,650$1,384$1,158$590
17 years$2,154$1,803$1,501$1,244$1,027$497
18 years$2,013$1,666$1,370$1,121$913$419
19 years$1,887$1,544$1,254$1,013$814$354
20 years$1,774$1,435$1,151$917$727$300
21 years$1,672$1,336$1,059$833$650$254
22 years$1,579$1,247$976$757$583$215
23 years$1,494$1,167$901$689$523$183
24 years$1,417$1,093$833$629$470$155
25 years$1,346$1,026$772$574$423$132
26 years$1,280$964$716$525$381$112
27 years$1,220$907$665$481$344$95
28 years$1,163$855$618$440$310$81
29 years$1,111$807$575$404$280$69
30 years$1,063$762$536$371$253$59
31 years$1,017$720$499$340$229$50
32 years$975$681$466$313$207$43
33 years$935$645$435$288$187$36
34 years$897$612$406$265$170$31
35 years$862$580$380$244$154$26
36 years$829$551$356$224$139$22
37 years$798$523$333$207$126$19
38 years$768$497$312$191$114$16
39 years$740$473$292$176$104$14
40 years$714$450$274$162$94$12
41 years$688$428$257$150$85$10
42 years$665$408$241$138$77$9
43 years$642$388$226$127$70$7
44 years$620$370$212$118$64$6
45 years$600$353$199$109$58$5
46 years$580$337$187$100$53$5
47 years$561$321$176$93$48$4
48 years$543$307$165$86$43$3
49 years$526$293$155$79$39$3
50 years$510$280$146$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $522,000, adding $5,057 every year, while hoping to spend $36,046 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: 61/20/19 Blend
49$522,000$522,000$522,000$522,000
50$580,460$552,794$544,703$612,725
51$601,315$541,529$524,598$623,847
52$623,088$528,503$502,611$631,528
53$645,836$513,592$478,642$639,083
54$669,619$496,666$452,584$646,503
55$694,502$477,584$424,327$653,782
56$720,555$456,200$393,756$660,913
57$747,855$432,357$360,751$667,891
58$776,484$405,891$325,184$674,714
59$806,533$376,627$286,925$681,378
60$838,098$344,380$245,835$687,885
61$871,285$308,956$201,772$694,235
62$906,211$270,149$154,586$700,434
63$942,999$227,742$104,120$706,490
64$981,787$181,503$50,210$712,415
65$1,022,724$131,191$0$718,224
66$1,065,971$76,548$0$725,421
67$1,111,705$17,305$0$743,509
68$1,160,120$0$0$762,365
69$1,211,426$0$0$792,375
70$1,265,855$0$0$828,271
71$1,323,657$0$0$866,413
72$1,385,109$0$0$906,986
73$1,450,511$0$0$950,191
74$1,520,195$0$0$996,251
75$1,594,521$0$0$1,045,406
76$1,673,885$0$0$1,097,922
77$1,758,720$0$0$1,154,091
78$1,849,503$0$0$1,214,230
79$1,946,755$0$0$1,278,690
80$2,051,048$0$0$1,347,854
81$2,163,009$0$0$1,422,142
82$2,283,326$0$0$1,502,018
83$2,412,756$0$0$1,587,988
84$2,552,129$0$0$1,680,609
85$2,702,356$0$0$1,780,492
86$2,864,438$0$0$1,888,310
87$3,039,475$0$0$2,004,801
88$3,228,676$0$0$2,130,777
89$3,433,370$0$0$2,267,129
90$3,655,017$0$0$2,414,837
91$3,895,222$0$0$2,574,981
92$4,155,751$0$0$2,748,744
93$4,438,546$0$0$2,937,432
94$4,745,741$0$0$3,142,478
95$5,079,685$0$0$3,365,459
96$5,442,963$0$0$3,608,112
97$5,838,418$0$0$3,872,346
98$6,269,177$0$0$4,160,261
99$6,738,684$0$0$4,474,172
100$7,250,727$0$0$4,816,623