Can I retire at age 50 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$44,180$43,786$43,402$43,028$42,662$41,362
2 years$21,871$21,464$21,069$20,686$20,315$19,017
3 years$14,436$14,027$13,633$13,254$12,889$11,633
4 years$10,719$10,311$9,921$9,549$9,192$7,988
5 years$8,490$8,084$7,699$7,334$6,988$5,839
6 years$7,004$6,601$6,222$5,865$5,529$4,436
7 years$5,943$5,544$5,171$4,822$4,497$3,460
8 years$5,147$4,752$4,385$4,045$3,731$2,749
9 years$4,529$4,137$3,777$3,446$3,142$2,214
10 years$4,035$3,647$3,293$2,970$2,677$1,802
11 years$3,631$3,247$2,899$2,585$2,302$1,479
12 years$3,294$2,914$2,573$2,267$1,995$1,222
13 years$3,009$2,633$2,299$2,002$1,740$1,014
14 years$2,766$2,394$2,065$1,777$1,525$845
15 years$2,555$2,187$1,865$1,585$1,343$707
16 years$2,370$2,006$1,691$1,419$1,187$593
17 years$2,208$1,848$1,538$1,275$1,052$499
18 years$2,063$1,707$1,404$1,149$936$420
19 years$1,934$1,582$1,286$1,038$834$355
20 years$1,818$1,470$1,180$940$745$300
21 years$1,714$1,370$1,085$853$667$253
22 years$1,618$1,279$1,000$776$597$215
23 years$1,532$1,196$924$707$536$182
24 years$1,452$1,120$854$644$482$154
25 years$1,379$1,051$791$589$434$131
26 years$1,312$988$734$538$391$111
27 years$1,250$930$681$493$352$94
28 years$1,192$876$633$451$318$80
29 years$1,139$827$589$414$287$68
30 years$1,089$781$549$380$259$58
31 years$1,042$738$512$349$234$49
32 years$999$698$478$321$212$42
33 years$958$661$446$295$192$36
34 years$920$627$417$271$174$30
35 years$884$595$389$250$157$26
36 years$850$564$364$230$143$22
37 years$818$536$341$212$129$19
38 years$787$509$319$195$117$16
39 years$759$484$299$180$106$13
40 years$731$461$280$166$96$11
41 years$706$439$263$153$87$10
42 years$681$418$247$141$79$8
43 years$658$398$231$131$72$7
44 years$636$379$217$121$65$6
45 years$615$362$204$111$59$5
46 years$594$345$192$103$54$4
47 years$575$329$180$95$49$4
48 years$557$314$169$88$44$3
49 years$539$300$159$81$40$3
50 years$522$287$149$75$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $535,000, adding $6,192 every year, while hoping to spend $35,002 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: 72/6/22 Blend
49$535,000$535,000$535,000$535,000
50$595,957$567,602$559,310$635,216
51$619,503$558,173$540,805$652,751
52$644,277$547,108$520,507$667,195
53$670,368$534,291$498,318$682,147
54$697,873$519,598$474,139$697,652
55$726,895$502,898$447,862$713,761
56$757,549$484,051$419,376$730,532
57$789,961$462,911$388,567$748,027
58$824,265$439,322$355,312$766,318
59$860,611$413,119$319,486$785,483
60$899,160$384,129$280,956$805,611
61$940,091$352,168$239,584$826,799
62$983,597$317,041$195,227$849,156
63$1,029,890$278,543$147,734$872,803
64$1,079,204$236,456$96,947$897,877
65$1,131,792$190,551$42,704$924,526
66$1,187,932$140,586$0$952,919
67$1,247,931$86,305$0$986,805
68$1,312,123$27,437$0$1,033,756
69$1,380,875$0$0$1,084,009
70$1,454,590$0$0$1,140,263
71$1,533,709$0$0$1,202,602
72$1,618,716$0$0$1,269,600
73$1,710,145$0$0$1,341,678
74$1,808,578$0$0$1,419,299
75$1,914,657$0$0$1,502,972
76$2,029,086$0$0$1,593,255
77$2,152,641$0$0$1,690,761
78$2,286,170$0$0$1,796,166
79$2,430,609$0$0$1,910,210
80$2,586,985$0$0$2,033,708
81$2,756,428$0$0$2,167,555
82$2,940,179$0$0$2,312,736
83$3,139,605$0$0$2,470,335
84$3,356,208$0$0$2,641,542
85$3,591,639$0$0$2,827,668
86$3,847,717$0$0$3,030,155
87$4,126,441$0$0$3,250,589
88$4,430,013$0$0$3,490,715
89$4,760,853$0$0$3,752,453
90$5,121,626$0$0$4,037,917
91$5,515,266$0$0$4,349,435
92$5,945,001$0$0$4,689,566
93$6,414,386$0$0$5,061,130
94$6,927,331$0$0$5,467,231
95$7,488,146$0$0$5,911,284
96$8,101,572$0$0$6,397,052
97$8,772,831$0$0$6,928,677
98$9,507,672$0$0$7,510,721
99$10,312,428$0$0$8,148,205
100$11,194,071$0$0$8,846,662