Can I retire at age 50 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$43,437$43,050$42,672$42,304$41,944$41,181
2 years$21,503$21,103$20,715$20,338$19,973$19,208
3 years$14,193$13,791$13,404$13,031$12,672$11,927
4 years$10,539$10,138$9,755$9,388$9,038$8,320
5 years$8,347$7,948$7,570$7,211$6,870$6,181
6 years$6,886$6,490$6,118$5,767$5,436$4,776
7 years$5,843$5,451$5,084$4,741$4,421$3,791
8 years$5,061$4,672$4,311$3,977$3,668$3,067
9 years$4,453$4,068$3,713$3,388$3,089$2,517
10 years$3,967$3,586$3,237$2,920$2,632$2,089
11 years$3,570$3,192$2,850$2,541$2,263$1,748
12 years$3,239$2,865$2,529$2,229$1,961$1,473
13 years$2,959$2,589$2,260$1,968$1,710$1,249
14 years$2,719$2,353$2,031$1,747$1,499$1,063
15 years$2,512$2,150$1,833$1,558$1,320$909
16 years$2,330$1,973$1,662$1,395$1,167$780
17 years$2,171$1,817$1,513$1,253$1,035$670
18 years$2,029$1,679$1,381$1,130$920$578
19 years$1,902$1,556$1,264$1,021$820$499
20 years$1,788$1,446$1,160$924$732$432
21 years$1,685$1,347$1,067$839$655$374
22 years$1,591$1,257$983$763$587$324
23 years$1,506$1,176$908$695$527$281
24 years$1,428$1,102$840$634$474$245
25 years$1,356$1,034$778$579$426$213
26 years$1,290$972$721$529$384$185
27 years$1,229$914$670$484$346$161
28 years$1,172$862$623$444$313$140
29 years$1,120$813$579$407$282$122
30 years$1,071$768$540$373$255$107
31 years$1,025$726$503$343$231$93
32 years$982$687$469$315$209$81
33 years$942$650$438$290$189$71
34 years$904$616$410$267$171$62
35 years$869$584$383$245$155$54
36 years$835$555$358$226$140$47
37 years$804$527$335$208$127$41
38 years$774$501$314$192$115$36
39 years$746$476$294$177$104$31
40 years$719$453$276$163$95$27
41 years$694$431$259$151$86$24
42 years$670$411$243$139$78$21
43 years$647$391$228$128$71$18
44 years$625$373$214$119$64$16
45 years$604$356$201$109$58$14
46 years$584$339$188$101$53$12
47 years$565$324$177$93$48$11
48 years$547$309$166$86$44$9
49 years$530$295$156$80$40$8
50 years$514$282$147$74$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $526,000, adding $5,934 every year, while hoping to spend $52,977 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: 56/27/17 Blend
49$526,000$526,000$526,000$526,000
50$585,773$557,895$549,742$615,626
51$589,155$528,865$511,791$607,575
52$591,106$496,636$470,793$592,583
53$591,424$460,997$426,591$575,059
54$589,886$421,723$379,018$554,771
55$586,243$378,575$327,903$531,469
56$580,217$331,303$273,066$504,880
57$571,504$279,642$214,318$474,707
58$559,763$223,310$151,464$440,626
59$544,618$162,012$84,297$402,286
60$525,654$95,434$12,605$359,303
61$502,407$23,247$0$311,259
62$474,368$0$0$269,293
63$440,972$0$0$240,820
64$401,593$0$0$215,532
65$355,541$0$0$186,095
66$302,050$0$0$152,035
67$240,275$0$0$112,830
68$169,284$0$0$67,903
69$88,042$0$0$16,616
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0