Can I retire at age 50 with 535,000?

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 $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%18.1%
1 years$44,180$43,786$43,402$43,028$42,662$41,263
2 years$21,871$21,464$21,069$20,686$20,315$18,919
3 years$14,436$14,027$13,633$13,254$12,889$11,540
4 years$10,719$10,311$9,921$9,549$9,192$7,900
5 years$8,490$8,084$7,699$7,334$6,988$5,756
6 years$7,004$6,601$6,222$5,865$5,529$4,359
7 years$5,943$5,544$5,171$4,822$4,497$3,388
8 years$5,147$4,752$4,385$4,045$3,731$2,682
9 years$4,529$4,137$3,777$3,446$3,142$2,153
10 years$4,035$3,647$3,293$2,970$2,677$1,746
11 years$3,631$3,247$2,899$2,585$2,302$1,427
12 years$3,294$2,914$2,573$2,267$1,995$1,174
13 years$3,009$2,633$2,299$2,002$1,740$971
14 years$2,766$2,394$2,065$1,777$1,525$806
15 years$2,555$2,187$1,865$1,585$1,343$671
16 years$2,370$2,006$1,691$1,419$1,187$561
17 years$2,208$1,848$1,538$1,275$1,052$469
18 years$2,063$1,707$1,404$1,149$936$394
19 years$1,934$1,582$1,286$1,038$834$331
20 years$1,818$1,470$1,180$940$745$278
21 years$1,714$1,370$1,085$853$667$234
22 years$1,618$1,279$1,000$776$597$197
23 years$1,532$1,196$924$707$536$166
24 years$1,452$1,120$854$644$482$140
25 years$1,379$1,051$791$589$434$119
26 years$1,312$988$734$538$391$100
27 years$1,250$930$681$493$352$85
28 years$1,192$876$633$451$318$72
29 years$1,139$827$589$414$287$60
30 years$1,089$781$549$380$259$51
31 years$1,042$738$512$349$234$43
32 years$999$698$478$321$212$37
33 years$958$661$446$295$192$31
34 years$920$627$417$271$174$26
35 years$884$595$389$250$157$22
36 years$850$564$364$230$143$19
37 years$818$536$341$212$129$16
38 years$787$509$319$195$117$13
39 years$759$484$299$180$106$11
40 years$731$461$280$166$96$10
41 years$706$439$263$153$87$8
42 years$681$418$247$141$79$7
43 years$658$398$231$131$72$6
44 years$636$379$217$121$65$5
45 years$615$362$204$111$59$4
46 years$594$345$192$103$54$4
47 years$575$329$180$95$49$3
48 years$557$314$169$88$44$3
49 years$539$300$159$81$40$2
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 $5,026 every year, while hoping to spend $41,457 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: 55/18/27 Blend
49$535,000$535,000$535,000$535,000
50$594,754$566,399$558,107$622,782
51$611,309$550,043$532,693$626,282
52$628,163$531,496$505,039$625,381
53$645,304$510,606$475,026$623,556
54$662,714$487,215$442,528$620,733
55$680,374$461,153$407,417$616,831
56$698,264$432,240$369,556$611,766
57$716,355$400,289$328,805$605,446
58$734,618$365,098$285,015$597,775
59$753,018$326,456$238,031$588,648
60$771,513$284,140$187,693$577,953
61$790,059$237,914$133,832$565,571
62$808,601$187,528$76,271$551,374
63$827,080$132,719$14,828$535,225
64$845,428$73,208$0$516,975
65$863,568$8,702$0$511,087
66$881,414$0$0$508,282
67$898,867$0$0$516,265
68$915,819$0$0$525,640
69$932,145$0$0$534,608
70$947,708$0$0$543,085
71$962,354$0$0$550,975
72$975,910$0$0$558,174
73$988,184$0$0$564,563
74$998,961$0$0$570,012
75$1,008,002$0$0$574,375
76$1,015,040$0$0$577,489
77$1,019,779$0$0$579,172
78$1,021,889$0$0$579,225
79$1,021,004$0$0$577,425
80$1,016,718$0$0$573,522
81$1,008,579$0$0$567,244
82$996,086$0$0$558,285
83$978,686$0$0$546,307
84$955,762$0$0$530,936
85$926,633$0$0$511,758
86$890,545$0$0$488,314
87$846,661$0$0$460,096
88$794,058$0$0$426,541
89$731,712$0$0$387,029
90$658,492$0$0$340,872
91$573,145$0$0$287,309
92$474,290$0$0$225,500
93$360,395$0$0$154,516
94$229,771$0$0$73,332
95$80,552$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