Can I retire at age 50 with 543,000?

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 $543,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$44,840$44,441$44,051$43,671$43,300$41,647
2 years$22,198$21,785$21,384$20,996$20,619$18,974
3 years$14,652$14,237$13,837$13,452$13,081$11,495
4 years$10,879$10,465$10,070$9,691$9,330$7,814
5 years$8,616$8,205$7,815$7,444$7,092$5,652
6 years$7,108$6,700$6,315$5,953$5,612$4,247
7 years$6,032$5,627$5,248$4,894$4,564$3,275
8 years$5,224$4,823$4,451$4,106$3,786$2,571
9 years$4,597$4,199$3,833$3,497$3,189$2,046
10 years$4,095$3,702$3,342$3,015$2,717$1,644
11 years$3,685$3,295$2,942$2,624$2,337$1,332
12 years$3,343$2,958$2,611$2,301$2,025$1,086
13 years$3,054$2,673$2,333$2,032$1,766$889
14 years$2,807$2,430$2,096$1,803$1,548$731
15 years$2,593$2,219$1,893$1,608$1,363$603
16 years$2,406$2,036$1,716$1,440$1,204$498
17 years$2,241$1,875$1,561$1,294$1,068$413
18 years$2,094$1,733$1,425$1,166$950$343
19 years$1,963$1,606$1,305$1,054$846$285
20 years$1,845$1,492$1,198$954$756$237
21 years$1,739$1,390$1,101$866$677$197
22 years$1,643$1,298$1,015$787$606$165
23 years$1,555$1,214$937$717$544$137
24 years$1,474$1,137$867$654$489$115
25 years$1,400$1,067$803$597$440$96
26 years$1,332$1,003$745$546$397$80
27 years$1,269$944$691$500$358$67
28 years$1,210$889$643$458$323$56
29 years$1,156$839$598$420$291$47
30 years$1,105$792$557$386$263$39
31 years$1,058$749$519$354$238$33
32 years$1,014$709$485$325$215$27
33 years$972$671$453$299$195$23
34 years$934$636$423$275$176$19
35 years$897$603$395$253$160$16
36 years$862$573$370$233$145$13
37 years$830$544$346$215$131$11
38 years$799$517$324$198$119$9
39 years$770$492$304$183$108$8
40 years$742$468$285$169$98$7
41 years$716$445$267$156$89$5
42 years$691$424$250$144$81$5
43 years$668$404$235$133$73$4
44 years$645$385$221$122$66$3
45 years$624$367$207$113$60$3
46 years$603$350$194$104$55$2
47 years$584$334$183$96$50$2
48 years$565$319$172$89$45$2
49 years$547$305$161$82$41$1
50 years$530$291$152$76$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $543,000, adding $4,654 every year, while hoping to spend $42,987 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: 65/22/13 Blend
49$543,000$543,000$543,000$543,000
50$603,187$574,408$565,991$640,277
51$618,974$556,816$539,214$648,044
52$634,931$536,921$510,099$651,088
53$651,029$514,566$478,523$653,338
54$667,236$489,582$444,356$654,716
55$683,515$461,792$407,463$655,136
56$699,824$431,010$367,703$654,505
57$716,114$397,037$324,928$652,723
58$732,330$359,664$278,986$649,682
59$748,409$318,670$229,714$645,265
60$764,283$273,821$176,945$639,346
61$779,871$224,869$120,504$631,786
62$795,084$171,554$60,207$622,438
63$809,823$113,600$0$611,141
64$823,974$50,717$0$598,295
65$837,413$0$0$592,086
66$849,999$0$0$588,192
67$861,574$0$0$595,832
68$871,963$0$0$602,603
69$880,971$0$0$608,363
70$888,380$0$0$612,956
71$893,948$0$0$616,207
72$897,404$0$0$617,923
73$898,450$0$0$617,888
74$896,751$0$0$615,862
75$891,940$0$0$611,582
76$883,605$0$0$604,751
77$871,291$0$0$595,043
78$854,494$0$0$582,096
79$832,656$0$0$565,509
80$805,156$0$0$544,837
81$771,310$0$0$519,588
82$730,359$0$0$489,219
83$681,463$0$0$453,125
84$623,692$0$0$410,641
85$556,019$0$0$361,030
86$477,308$0$0$303,476
87$386,302$0$0$237,078
88$281,614$0$0$160,842
89$161,709$0$0$73,666
90$24,891$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