Can I retire at age 50 with 537,000?

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 $537,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$44,345$43,950$43,565$43,188$42,821$42,587
2 years$21,953$21,544$21,148$20,764$20,391$20,155
3 years$14,490$14,079$13,684$13,303$12,937$12,706
4 years$10,759$10,350$9,958$9,584$9,227$9,003
5 years$8,521$8,114$7,728$7,362$7,014$6,798
6 years$7,030$6,626$6,246$5,887$5,550$5,341
7 years$5,965$5,564$5,190$4,840$4,514$4,313
8 years$5,167$4,770$4,402$4,060$3,744$3,552
9 years$4,546$4,153$3,791$3,459$3,153$2,969
10 years$4,050$3,661$3,305$2,981$2,687$2,510
11 years$3,644$3,259$2,910$2,595$2,311$2,142
12 years$3,306$2,925$2,582$2,276$2,002$1,841
13 years$3,021$2,643$2,307$2,009$1,746$1,592
14 years$2,776$2,403$2,073$1,784$1,531$1,384
15 years$2,564$2,195$1,872$1,591$1,348$1,208
16 years$2,379$2,014$1,697$1,424$1,191$1,059
17 years$2,216$1,855$1,544$1,280$1,056$930
18 years$2,071$1,714$1,410$1,153$939$820
19 years$1,942$1,588$1,290$1,042$837$724
20 years$1,825$1,476$1,184$944$748$641
21 years$1,720$1,375$1,089$857$669$568
22 years$1,624$1,283$1,004$779$600$504
23 years$1,537$1,200$927$709$538$448
24 years$1,458$1,125$857$647$484$399
25 years$1,384$1,055$794$591$435$356
26 years$1,317$992$736$540$392$317
27 years$1,255$933$684$494$354$283
28 years$1,197$880$636$453$319$253
29 years$1,143$830$592$415$288$226
30 years$1,093$784$551$381$260$202
31 years$1,046$741$514$350$235$181
32 years$1,003$701$479$322$213$162
33 years$962$664$448$296$193$145
34 years$923$629$418$272$174$130
35 years$887$597$391$251$158$116
36 years$853$566$366$231$143$104
37 years$821$538$342$213$130$93
38 years$790$511$321$196$118$84
39 years$761$486$300$181$107$75
40 years$734$463$281$167$97$67
41 years$708$440$264$154$88$60
42 years$684$419$248$142$80$54
43 years$660$400$232$131$72$49
44 years$638$381$218$121$66$44
45 years$617$363$205$112$60$39
46 years$597$346$192$103$54$35
47 years$577$331$181$95$49$32
48 years$559$316$170$88$45$28
49 years$541$301$160$81$41$25
50 years$524$288$150$75$37$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $537,000, adding $2,750 every year, while hoping to spend $30,099 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: 42/43/15 Blend
49$537,000$537,000$537,000$537,000
50$594,611$566,150$557,826$616,864
51$623,236$561,866$544,488$628,516
52$653,772$556,363$529,695$637,944
53$686,382$549,551$513,365$647,504
54$721,245$541,331$495,415$657,224
55$758,557$531,601$475,756$667,133
56$798,533$520,253$454,297$677,269
57$841,409$507,170$430,941$687,673
58$887,442$492,231$405,588$698,394
59$936,918$475,307$378,131$709,489
60$990,147$456,261$348,462$721,024
61$1,047,472$434,948$316,466$733,074
62$1,109,269$411,214$282,022$745,726
63$1,175,950$384,899$245,005$759,078
64$1,247,969$355,831$205,285$773,243
65$1,325,823$323,829$162,724$788,348
66$1,410,062$288,702$117,180$804,539
67$1,501,287$250,247$68,504$821,980
68$1,600,160$208,250$16,540$840,858
69$1,707,409$162,487$0$861,382
70$1,823,834$112,718$0$890,017
71$1,950,316$58,692$0$924,032
72$2,087,823$143$0$961,105
73$2,237,421$0$0$1,001,601
74$2,400,283$0$0$1,075,840
75$2,577,697$0$0$1,156,849
76$2,771,084$0$0$1,245,216
77$2,982,007$0$0$1,341,662
78$3,212,184$0$0$1,446,984
79$3,463,508$0$0$1,562,055
80$3,738,063$0$0$1,687,839
81$4,038,144$0$0$1,825,396
82$4,366,274$0$0$1,975,894
83$4,725,236$0$0$2,140,618
84$5,118,090$0$0$2,320,985
85$5,548,208$0$0$2,518,553
86$6,019,302$0$0$2,735,039
87$6,535,461$0$0$2,972,333
88$7,101,187$0$0$3,232,519
89$7,721,439$0$0$3,517,889
90$8,401,679$0$0$3,830,970
91$9,147,921$0$0$4,174,545
92$9,966,793$0$0$4,551,678
93$10,865,591$0$0$4,965,745
94$11,852,356$0$0$5,420,466
95$12,935,943$0$0$5,919,937
96$14,126,106$0$0$6,468,671
97$15,433,594$0$0$7,071,641
98$16,870,244$0$0$7,734,323
99$18,449,099$0$0$8,462,752
100$20,184,527$0$0$9,263,577