Can I retire at age 50 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$43,602$43,213$42,834$42,465$42,103$41,629
2 years$21,585$21,183$20,793$20,416$20,049$19,572
3 years$14,247$13,843$13,455$13,081$12,720$12,254
4 years$10,579$10,176$9,792$9,424$9,072$8,621
5 years$8,378$7,978$7,599$7,238$6,896$6,462
6 years$6,912$6,515$6,141$5,789$5,457$5,040
7 years$5,865$5,471$5,103$4,759$4,438$4,038
8 years$5,080$4,690$4,328$3,992$3,682$3,299
9 years$4,470$4,083$3,728$3,401$3,101$2,735
10 years$3,982$3,599$3,250$2,931$2,642$2,293
11 years$3,583$3,204$2,861$2,551$2,272$1,940
12 years$3,251$2,876$2,539$2,238$1,969$1,653
13 years$2,970$2,599$2,269$1,976$1,717$1,417
14 years$2,730$2,362$2,038$1,754$1,505$1,220
15 years$2,521$2,158$1,840$1,564$1,325$1,055
16 years$2,339$1,980$1,668$1,400$1,171$916
17 years$2,179$1,824$1,518$1,258$1,038$797
18 years$2,036$1,685$1,386$1,134$923$695
19 years$1,909$1,562$1,269$1,025$823$608
20 years$1,795$1,451$1,164$928$735$533
21 years$1,691$1,352$1,071$842$658$467
22 years$1,597$1,262$987$766$590$411
23 years$1,512$1,180$911$697$529$361
24 years$1,433$1,106$843$636$476$318
25 years$1,361$1,038$781$581$428$280
26 years$1,295$975$724$531$386$247
27 years$1,234$918$672$486$348$218
28 years$1,177$865$625$445$314$193
29 years$1,124$816$582$408$283$170
30 years$1,075$770$542$375$256$151
31 years$1,029$728$505$344$231$133
32 years$986$689$471$316$209$118
33 years$946$653$440$291$189$104
34 years$908$619$411$268$172$92
35 years$872$587$384$246$155$82
36 years$839$557$360$227$141$72
37 years$807$529$337$209$128$64
38 years$777$503$315$193$116$57
39 years$749$478$295$178$105$50
40 years$722$455$277$164$95$45
41 years$696$433$260$151$86$40
42 years$672$412$243$140$78$35
43 years$649$393$228$129$71$31
44 years$627$374$214$119$65$28
45 years$606$357$201$110$59$24
46 years$587$341$189$101$53$22
47 years$568$325$178$94$48$19
48 years$549$310$167$87$44$17
49 years$532$296$157$80$40$15
50 years$516$283$148$74$36$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $528,000, adding $3,646 every year, while hoping to spend $55,371 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: 45/44/11 Blend
49$528,000$528,000$528,000$528,000
50$585,617$557,633$549,449$609,985
51$586,435$526,043$508,941$595,664
52$585,482$491,049$465,220$574,201
53$582,517$452,426$418,121$549,685
54$577,274$409,935$367,469$521,856
55$569,461$363,327$313,084$490,430
56$558,749$312,333$254,775$455,103
57$544,778$256,674$192,347$415,541
58$527,146$196,052$125,591$371,387
59$505,410$130,153$54,294$322,250
60$479,079$58,648$0$267,710
61$447,608$0$0$209,867
62$410,397$0$0$161,742
63$366,780$0$0$138,797
64$316,021$0$0$112,269
65$257,308$0$0$81,753
66$189,742$0$0$46,802
67$112,328$0$0$6,923
68$23,970$0$0$0
69$0$0$0$0
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