Can I retire at age 50 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$45,584$45,178$44,781$44,395$44,017$42,988
2 years$22,566$22,146$21,739$21,344$20,961$19,930
3 years$14,895$14,473$14,066$13,675$13,298$12,298
4 years$11,060$10,639$10,237$9,852$9,484$8,522
5 years$8,759$8,341$7,944$7,567$7,210$6,288
6 years$7,226$6,811$6,420$6,052$5,705$4,825
7 years$6,132$5,720$5,335$4,975$4,640$3,801
8 years$5,311$4,903$4,525$4,174$3,849$3,052
9 years$4,673$4,269$3,897$3,555$3,241$2,486
10 years$4,163$3,763$3,397$3,065$2,762$2,046
11 years$3,746$3,350$2,991$2,667$2,375$1,699
12 years$3,399$3,007$2,655$2,339$2,058$1,420
13 years$3,105$2,717$2,372$2,065$1,795$1,193
14 years$2,854$2,470$2,131$1,833$1,573$1,007
15 years$2,636$2,256$1,924$1,635$1,385$853
16 years$2,446$2,070$1,744$1,464$1,224$725
17 years$2,278$1,906$1,587$1,315$1,086$617
18 years$2,129$1,762$1,449$1,185$965$527
19 years$1,996$1,633$1,326$1,071$860$451
20 years$1,876$1,517$1,217$970$769$386
21 years$1,768$1,413$1,120$880$688$331
22 years$1,670$1,319$1,032$801$616$284
23 years$1,580$1,234$953$729$553$244
24 years$1,498$1,156$881$665$497$210
25 years$1,423$1,085$816$607$448$181
26 years$1,354$1,020$757$555$403$156
27 years$1,290$960$703$508$363$134
28 years$1,230$904$653$466$328$116
29 years$1,175$853$608$427$296$100
30 years$1,124$806$566$392$268$86
31 years$1,076$761$528$360$242$74
32 years$1,031$721$493$331$219$64
33 years$989$682$460$304$198$55
34 years$949$647$430$280$179$48
35 years$912$613$402$258$162$41
36 years$877$582$376$237$147$36
37 years$844$553$352$219$133$31
38 years$812$526$330$202$121$27
39 years$783$500$309$186$110$23
40 years$755$475$289$171$99$20
41 years$728$453$271$158$90$17
42 years$703$431$255$146$82$15
43 years$679$411$239$135$74$13
44 years$656$391$224$124$67$11
45 years$634$373$210$115$61$10
46 years$613$356$198$106$56$8
47 years$593$340$186$98$50$7
48 years$574$324$175$91$46$6
49 years$556$310$164$84$42$5
50 years$539$296$154$77$38$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $552,000, adding $5,595 every year, while hoping to spend $35,423 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: 33/44/23 Blend
49$552,000$552,000$552,000$552,000
50$614,075$584,819$576,263$629,861
51$639,021$575,786$557,878$633,128
52$665,324$565,122$537,690$633,048
53$693,086$552,711$515,601$632,241
54$722,416$538,429$491,509$630,668
55$753,434$522,145$465,307$628,285
56$786,272$503,718$436,882$625,050
57$821,074$483,002$406,120$620,919
58$857,995$459,840$372,897$615,849
59$897,207$434,069$337,085$609,794
60$938,898$405,514$298,553$602,711
61$983,271$373,989$257,160$594,557
62$1,030,551$339,302$212,761$585,288
63$1,080,984$301,244$165,205$574,864
64$1,134,838$259,599$114,334$563,243
65$1,192,409$214,137$59,981$550,388
66$1,254,020$164,614$1,976$536,262
67$1,320,024$110,775$0$520,834
68$1,390,811$52,347$0$518,783
69$1,466,806$0$0$516,850
70$1,548,478$0$0$519,885
71$1,636,340$0$0$550,475
72$1,730,957$0$0$583,479
73$1,832,948$0$0$619,120
74$1,942,993$0$0$657,644
75$2,061,839$0$0$699,322
76$2,190,309$0$0$744,451
77$2,329,304$0$0$793,358
78$2,479,818$0$0$846,402
79$2,642,942$0$0$903,978
80$2,819,875$0$0$966,521
81$3,011,937$0$0$1,034,509
82$3,220,579$0$0$1,108,468
83$3,447,397$0$0$1,188,977
84$3,694,148$0$0$1,276,672
85$3,962,763$0$0$1,372,254
86$4,255,369$0$0$1,476,495
87$4,574,306$0$0$1,590,243
88$4,922,149$0$0$1,714,432
89$5,301,731$0$0$1,850,090
90$5,716,172$0$0$1,998,351
91$6,168,907$0$0$2,160,460
92$6,663,716$0$0$2,337,791
93$7,204,762$0$0$2,531,853
94$7,796,626$0$0$2,744,311
95$8,444,356$0$0$2,976,997
96$9,153,506$0$0$3,231,930
97$9,930,197$0$0$3,511,331
98$10,781,165$0$0$3,817,648
99$11,713,833$0$0$4,153,576
100$12,736,371$0$0$4,522,085