Can I retire at age 50 with 532,000?

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 $532,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$43,932$43,541$43,159$42,786$42,422$41,771
2 years$21,749$21,343$20,951$20,570$20,201$19,547
3 years$14,355$13,948$13,557$13,180$12,816$12,179
4 years$10,659$10,253$9,866$9,495$9,141$8,525
5 years$8,442$8,039$7,656$7,293$6,949$6,357
6 years$6,964$6,564$6,187$5,832$5,498$4,931
7 years$5,909$5,513$5,142$4,795$4,472$3,929
8 years$5,119$4,725$4,361$4,023$3,710$3,192
9 years$4,504$4,114$3,756$3,426$3,124$2,630
10 years$4,012$3,627$3,274$2,954$2,662$2,192
11 years$3,610$3,229$2,883$2,570$2,289$1,843
12 years$3,276$2,898$2,558$2,255$1,984$1,560
13 years$2,993$2,619$2,286$1,990$1,730$1,329
14 years$2,750$2,380$2,054$1,767$1,516$1,137
15 years$2,540$2,174$1,854$1,576$1,335$976
16 years$2,357$1,995$1,681$1,411$1,180$841
17 years$2,195$1,837$1,530$1,268$1,046$727
18 years$2,052$1,698$1,396$1,142$930$630
19 years$1,923$1,574$1,278$1,032$829$547
20 years$1,808$1,462$1,173$935$741$475
21 years$1,704$1,362$1,079$849$663$414
22 years$1,609$1,271$995$772$594$361
23 years$1,523$1,189$918$703$533$315
24 years$1,444$1,114$849$641$479$275
25 years$1,372$1,045$787$585$431$241
26 years$1,305$983$730$535$389$211
27 years$1,243$925$677$490$350$184
28 years$1,186$871$630$449$316$162
29 years$1,132$822$586$412$285$142
30 years$1,083$776$546$378$258$124
31 years$1,037$734$509$347$233$109
32 years$993$694$475$319$211$96
33 years$953$658$443$293$191$84
34 years$915$623$414$270$173$74
35 years$879$591$387$248$157$65
36 years$845$561$362$229$142$57
37 years$813$533$339$211$129$50
38 years$783$506$318$194$117$44
39 years$754$482$298$179$106$39
40 years$727$458$279$165$96$34
41 years$702$436$261$152$87$30
42 years$677$415$245$141$79$26
43 years$654$396$230$130$72$23
44 years$632$377$216$120$65$20
45 years$611$360$203$111$59$18
46 years$591$343$191$102$54$16
47 years$572$328$179$94$49$14
48 years$554$313$168$87$44$12
49 years$536$299$158$81$40$11
50 years$519$285$149$75$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $532,000, adding $3,134 every year, while hoping to spend $46,864 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: 55/26/19 Blend
49$532,000$532,000$532,000$532,000
50$589,497$561,301$553,055$618,741
51$599,762$538,942$521,719$616,704
52$609,505$513,916$487,763$609,234
53$618,620$486,044$451,049$600,070
54$626,995$455,135$411,435$589,062
55$634,499$420,988$368,769$576,049
56$640,991$383,390$322,896$560,855
57$646,311$342,115$273,652$543,290
58$650,282$296,925$220,866$523,149
59$652,706$247,570$164,360$500,208
60$653,365$193,783$103,949$474,226
61$652,014$135,285$39,437$444,941
62$648,384$71,778$0$412,068
63$642,174$2,950$0$381,261
64$633,052$0$0$355,142
65$620,648$0$0$345,855
66$604,555$0$0$335,146
67$584,320$0$0$321,896
68$559,440$0$0$305,800
69$529,362$0$0$286,521
70$493,470$0$0$263,686
71$451,087$0$0$236,882
72$401,459$0$0$205,652
73$343,757$0$0$169,493
74$277,062$0$0$127,845
75$200,359$0$0$80,092
76$112,525$0$0$25,554
77$12,322$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