Can I retire at age 50 with 533,000?

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 $533,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$44,015$43,623$43,240$42,867$42,502$41,357
2 years$21,789$21,384$20,990$20,609$20,239$19,094
3 years$14,382$13,974$13,582$13,204$12,841$11,731
4 years$10,679$10,273$9,884$9,513$9,158$8,092
5 years$8,458$8,054$7,671$7,307$6,962$5,943
6 years$6,977$6,577$6,199$5,843$5,509$4,538
7 years$5,920$5,523$5,151$4,804$4,480$3,557
8 years$5,128$4,734$4,369$4,030$3,717$2,841
9 years$4,512$4,122$3,763$3,433$3,130$2,301
10 years$4,020$3,633$3,281$2,959$2,667$1,883
11 years$3,617$3,235$2,888$2,575$2,294$1,555
12 years$3,282$2,903$2,563$2,259$1,988$1,292
13 years$2,998$2,624$2,290$1,994$1,733$1,079
14 years$2,755$2,385$2,058$1,770$1,519$905
15 years$2,545$2,179$1,858$1,579$1,338$762
16 years$2,361$1,999$1,684$1,414$1,182$643
17 years$2,199$1,841$1,533$1,270$1,048$544
18 years$2,056$1,701$1,399$1,145$932$462
19 years$1,927$1,576$1,281$1,034$831$392
20 years$1,811$1,465$1,175$937$742$334
21 years$1,707$1,365$1,081$850$664$284
22 years$1,612$1,274$996$773$595$242
23 years$1,526$1,191$920$704$534$207
24 years$1,447$1,116$851$642$480$177
25 years$1,374$1,047$788$586$432$151
26 years$1,307$984$731$536$389$129
27 years$1,245$926$679$491$351$110
28 years$1,188$873$631$450$317$94
29 years$1,135$824$587$412$286$81
30 years$1,085$778$547$378$258$69
31 years$1,039$735$510$348$234$59
32 years$995$696$476$319$211$51
33 years$955$659$444$294$191$43
34 years$916$624$415$270$173$37
35 years$880$592$388$249$157$32
36 years$847$562$363$229$142$27
37 years$815$534$340$211$129$23
38 years$784$507$318$195$117$20
39 years$756$483$298$179$106$17
40 years$729$459$279$165$96$15
41 years$703$437$262$153$87$13
42 years$679$416$246$141$79$11
43 years$655$397$231$130$72$9
44 years$633$378$216$120$65$8
45 years$612$360$203$111$59$7
46 years$592$344$191$102$54$6
47 years$573$328$179$95$49$5
48 years$555$313$169$87$44$4
49 years$537$299$158$81$40$4
50 years$520$286$149$75$37$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $533,000, adding $3,870 every year, while hoping to spend $23,163 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: 68/18/14 Blend
49$533,000$533,000$533,000$533,000
50$591,358$563,109$554,847$629,416
51$627,031$566,056$548,790$658,201
52$665,567$568,371$541,752$686,562
53$707,232$569,999$533,679$716,990
54$752,322$570,881$524,509$749,686
55$801,158$570,953$514,179$784,872
56$854,097$570,151$502,625$822,792
57$911,529$568,402$489,777$863,715
58$973,884$565,633$475,564$907,939
59$1,041,635$561,764$459,910$955,793
60$1,115,301$556,710$442,736$1,007,639
61$1,195,455$550,382$423,961$1,063,877
62$1,282,726$542,685$403,499$1,124,948
63$1,377,807$533,520$381,259$1,191,340
64$1,481,460$522,779$357,147$1,263,590
65$1,594,523$510,349$331,066$1,342,291
66$1,717,921$496,113$302,913$1,428,098
67$1,852,668$479,942$272,581$1,521,733
68$1,999,885$461,704$239,957$1,623,993
69$2,160,803$441,257$204,925$1,735,758
70$2,336,778$418,451$167,363$1,857,997
71$2,529,303$393,129$127,143$1,991,783
72$2,740,022$365,122$84,132$2,138,295
73$2,970,745$334,254$38,191$2,298,838
74$3,223,465$300,337$0$2,474,848
75$3,500,380$263,174$0$2,669,530
76$3,803,905$222,556$0$2,889,209
77$4,136,704$178,262$0$3,130,127
78$4,501,709$130,059$0$3,394,439
79$4,902,152$77,700$0$3,684,517
80$5,341,590$20,926$0$4,002,980
81$5,823,942$0$0$4,352,712
82$6,353,526$0$0$4,744,922
83$6,935,097$0$0$5,180,219
84$7,573,893$0$0$5,658,383
85$8,275,687$0$0$6,183,738
86$9,046,835$0$0$6,761,047
87$9,894,342$0$0$7,395,558
88$10,825,923$0$0$8,093,053
89$11,850,079$0$0$8,859,902
90$12,976,177$0$0$9,703,123
91$14,214,535$0$0$10,630,446
92$15,576,521$0$0$11,650,392
93$17,074,661$0$0$12,772,344
94$18,722,755$0$0$14,006,644
95$20,536,009$0$0$15,364,685
96$22,531,176$0$0$16,859,022
97$24,726,716$0$0$18,503,486
98$27,142,967$0$0$20,313,318
99$29,802,342$0$0$22,305,311
100$32,729,532$0$0$24,497,968