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%19.5%
1 years$43,602$43,213$42,834$42,465$42,103$40,497
2 years$21,585$21,183$20,793$20,416$20,049$18,450
3 years$14,247$13,843$13,455$13,081$12,720$11,178
4 years$10,579$10,176$9,792$9,424$9,072$7,599
5 years$8,378$7,978$7,599$7,238$6,896$5,496
6 years$6,912$6,515$6,141$5,789$5,457$4,130
7 years$5,865$5,471$5,103$4,759$4,438$3,184
8 years$5,080$4,690$4,328$3,992$3,682$2,500
9 years$4,470$4,083$3,728$3,401$3,101$1,989
10 years$3,982$3,599$3,250$2,931$2,642$1,599
11 years$3,583$3,204$2,861$2,551$2,272$1,295
12 years$3,251$2,876$2,539$2,238$1,969$1,056
13 years$2,970$2,599$2,269$1,976$1,717$865
14 years$2,730$2,362$2,038$1,754$1,505$711
15 years$2,521$2,158$1,840$1,564$1,325$586
16 years$2,339$1,980$1,668$1,400$1,171$485
17 years$2,179$1,824$1,518$1,258$1,038$402
18 years$2,036$1,685$1,386$1,134$923$333
19 years$1,909$1,562$1,269$1,025$823$277
20 years$1,795$1,451$1,164$928$735$230
21 years$1,691$1,352$1,071$842$658$192
22 years$1,597$1,262$987$766$590$160
23 years$1,512$1,180$911$697$529$133
24 years$1,433$1,106$843$636$476$111
25 years$1,361$1,038$781$581$428$93
26 years$1,295$975$724$531$386$78
27 years$1,234$918$672$486$348$65
28 years$1,177$865$625$445$314$54
29 years$1,124$816$582$408$283$45
30 years$1,075$770$542$375$256$38
31 years$1,029$728$505$344$231$32
32 years$986$689$471$316$209$26
33 years$946$653$440$291$189$22
34 years$908$619$411$268$172$19
35 years$872$587$384$246$155$16
36 years$839$557$360$227$141$13
37 years$807$529$337$209$128$11
38 years$777$503$315$193$116$9
39 years$749$478$295$178$105$8
40 years$722$455$277$164$95$6
41 years$696$433$260$151$86$5
42 years$672$412$243$140$78$4
43 years$649$393$228$129$71$4
44 years$627$374$214$119$65$3
45 years$606$357$201$110$59$3
46 years$587$341$189$101$53$2
47 years$568$325$178$94$48$2
48 years$549$310$167$87$44$2
49 years$532$296$157$80$40$1
50 years$516$283$148$74$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $528,000, adding $6,508 every year, while hoping to spend $28,881 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: 64/30/6 Blend
49$528,000$528,000$528,000$528,000
50$588,569$560,585$552,401$625,226
51$617,874$557,325$540,177$647,180
52$649,200$552,936$526,576$667,129
53$682,723$547,335$511,521$688,157
54$718,635$540,428$494,931$710,368
55$757,148$532,122$476,724$733,874
56$798,493$522,312$456,810$758,802
57$842,926$510,891$435,099$785,291
58$890,724$497,745$411,495$813,497
59$942,195$482,752$385,898$843,592
60$997,676$465,783$358,202$875,766
61$1,057,536$446,704$328,299$910,230
62$1,122,182$425,370$296,074$947,220
63$1,192,060$401,629$261,409$986,994
64$1,267,662$375,320$224,177$1,029,842
65$1,349,526$346,273$184,250$1,076,081
66$1,438,246$314,309$141,490$1,126,065
67$1,534,474$279,237$95,758$1,180,186
68$1,638,928$240,857$46,903$1,238,878
69$1,752,396$198,956$0$1,302,620
70$1,875,746$153,311$0$1,372,280
71$2,009,932$103,684$0$1,451,336
72$2,156,006$49,825$0$1,537,446
73$2,315,123$0$0$1,631,340
74$2,488,555$0$0$1,736,646
75$2,677,701$0$0$1,869,465
76$2,884,103$0$0$2,014,435
77$3,109,455$0$0$2,172,752
78$3,355,626$0$0$2,345,733
79$3,624,670$0$0$2,534,825
80$3,918,850$0$0$2,741,624
81$4,240,656$0$0$2,967,886
82$4,592,832$0$0$3,215,546
83$4,978,399$0$0$3,486,732
84$5,400,682$0$0$3,783,791
85$5,863,344$0$0$4,109,303
86$6,370,420$0$0$4,466,114
87$6,926,351$0$0$4,857,357
88$7,536,030$0$0$5,286,480
89$8,204,847$0$0$5,757,285
90$8,938,739$0$0$6,273,957
91$9,744,242$0$0$6,841,106
92$10,628,560$0$0$7,463,811
93$11,599,627$0$0$8,147,668
94$12,666,181$0$0$8,898,837
95$13,837,850$0$0$9,724,110
96$15,125,241$0$0$10,630,964
97$16,540,038$0$0$11,627,640
98$18,095,112$0$0$12,723,215
99$19,804,646$0$0$13,927,689
100$21,684,263$0$0$15,252,082