Can I retire at age 50 with 529,000?

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 $529,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$43,684$43,295$42,916$42,545$42,183$41,639
2 years$21,626$21,223$20,833$20,454$20,087$19,540
3 years$14,274$13,870$13,480$13,105$12,744$12,210
4 years$10,599$10,196$9,810$9,442$9,089$8,573
5 years$8,394$7,993$7,613$7,252$6,910$6,413
6 years$6,925$6,527$6,152$5,800$5,467$4,990
7 years$5,876$5,482$5,113$4,768$4,446$3,990
8 years$5,090$4,699$4,336$4,000$3,689$3,252
9 years$4,478$4,091$3,735$3,407$3,106$2,690
10 years$3,990$3,606$3,256$2,937$2,647$2,250
11 years$3,590$3,210$2,866$2,556$2,276$1,898
12 years$3,257$2,881$2,544$2,242$1,973$1,613
13 years$2,976$2,604$2,273$1,979$1,720$1,379
14 years$2,735$2,367$2,042$1,757$1,508$1,185
15 years$2,526$2,162$1,844$1,567$1,328$1,022
16 years$2,344$1,984$1,672$1,403$1,173$884
17 years$2,183$1,827$1,521$1,261$1,040$768
18 years$2,040$1,688$1,389$1,136$925$668
19 years$1,913$1,565$1,271$1,027$825$582
20 years$1,798$1,454$1,167$930$737$508
21 years$1,694$1,354$1,073$844$659$445
22 years$1,600$1,264$989$767$591$390
23 years$1,514$1,182$913$699$530$342
24 years$1,436$1,108$845$637$477$300
25 years$1,364$1,040$782$582$429$263
26 years$1,297$977$725$532$386$232
27 years$1,236$920$674$487$348$204
28 years$1,179$866$626$446$314$179
29 years$1,126$817$583$409$284$158
30 years$1,077$772$543$376$256$139
31 years$1,031$730$506$345$232$123
32 years$988$690$472$317$210$108
33 years$947$654$441$292$190$96
34 years$909$620$412$268$172$84
35 years$874$588$385$247$156$74
36 years$840$558$360$227$141$66
37 years$808$530$337$210$128$58
38 years$778$504$316$193$116$51
39 years$750$479$296$178$105$45
40 years$723$456$277$164$95$40
41 years$698$434$260$152$86$35
42 years$673$413$244$140$78$31
43 years$650$394$229$129$71$28
44 years$629$375$215$119$65$24
45 years$608$358$202$110$59$22
46 years$588$341$189$102$53$19
47 years$569$326$178$94$48$17
48 years$551$311$167$87$44$15
49 years$533$297$157$80$40$13
50 years$516$284$148$74$36$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $529,000, adding $6,668 every year, while hoping to spend $32,715 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: 50/30/20 Blend
49$529,000$529,000$529,000$529,000
50$589,836$561,799$553,600$615,729
51$615,191$554,519$537,337$627,065
52$642,035$545,785$519,432$635,486
53$670,487$535,493$499,797$643,947
54$700,674$523,529$478,338$652,464
55$732,737$509,776$454,956$661,057
56$766,829$494,108$429,550$669,749
57$803,117$476,391$402,012$678,570
58$841,787$456,486$372,231$687,552
59$883,039$434,243$340,090$696,737
60$927,093$409,505$305,467$706,171
61$974,190$382,106$268,235$715,908
62$1,024,597$351,868$228,260$726,012
63$1,078,603$318,607$185,404$736,555
64$1,136,527$282,125$139,522$747,622
65$1,198,718$242,214$90,461$759,307
66$1,265,560$198,655$38,064$771,721
67$1,337,474$151,216$0$784,989
68$1,414,922$99,652$0$803,062
69$1,498,412$43,703$0$831,209
70$1,588,502$0$0$861,518
71$1,685,805$0$0$899,817
72$1,790,993$0$0$956,860
73$1,904,808$0$0$1,018,628
74$2,028,063$0$0$1,085,567
75$2,161,651$0$0$1,158,170
76$2,306,558$0$0$1,236,977
77$2,463,865$0$0$1,322,584
78$2,634,761$0$0$1,415,645
79$2,820,555$0$0$1,516,881
80$3,022,687$0$0$1,627,082
81$3,242,742$0$0$1,747,122
82$3,482,461$0$0$1,877,959
83$3,743,765$0$0$2,020,650
84$4,028,763$0$0$2,176,356
85$4,339,780$0$0$2,346,356
86$4,679,373$0$0$2,532,059
87$5,050,358$0$0$2,735,014
88$5,455,835$0$0$2,956,928
89$5,899,216$0$0$3,199,680
90$6,384,259$0$0$3,465,339
91$6,915,102$0$0$3,756,183
92$7,496,298$0$0$4,074,720
93$8,132,867$0$0$4,423,713
94$8,830,332$0$0$4,806,205
95$9,594,777$0$0$5,225,547
96$10,432,904$0$0$5,685,427
97$11,352,093$0$0$6,189,913
98$12,360,472$0$0$6,743,480
99$13,466,997$0$0$7,351,059
100$14,681,527$0$0$8,018,084