Can I retire at age 50 with 565,000?

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 $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$46,657$46,242$45,836$45,440$45,054$44,491
2 years$23,098$22,667$22,251$21,846$21,454$20,888
3 years$15,245$14,813$14,398$13,997$13,611$13,059
4 years$11,320$10,889$10,478$10,084$9,708$9,174
5 years$8,966$8,537$8,131$7,746$7,380$6,866
6 years$7,396$6,971$6,571$6,194$5,839$5,346
7 years$6,276$5,855$5,461$5,093$4,749$4,276
8 years$5,436$5,018$4,631$4,272$3,940$3,487
9 years$4,783$4,370$3,989$3,639$3,318$2,886
10 years$4,261$3,852$3,477$3,137$2,827$2,415
11 years$3,834$3,429$3,062$2,730$2,431$2,040
12 years$3,479$3,077$2,717$2,394$2,107$1,735
13 years$3,178$2,781$2,427$2,114$1,837$1,484
14 years$2,921$2,528$2,181$1,877$1,611$1,275
15 years$2,698$2,309$1,969$1,674$1,418$1,101
16 years$2,503$2,119$1,785$1,498$1,253$953
17 years$2,331$1,951$1,625$1,346$1,111$828
18 years$2,179$1,803$1,483$1,213$988$721
19 years$2,043$1,671$1,358$1,096$881$629
20 years$1,920$1,553$1,246$993$787$550
21 years$1,810$1,446$1,146$901$704$481
22 years$1,709$1,350$1,056$819$631$422
23 years$1,618$1,263$975$746$566$370
24 years$1,534$1,183$902$681$509$325
25 years$1,457$1,110$835$622$458$286
26 years$1,386$1,044$775$568$413$252
27 years$1,320$982$719$520$372$222
28 years$1,259$925$669$477$336$195
29 years$1,203$873$622$437$303$172
30 years$1,150$824$580$401$274$152
31 years$1,101$779$541$368$248$134
32 years$1,055$737$504$339$224$118
33 years$1,012$698$471$311$203$104
34 years$971$662$440$286$184$92
35 years$933$628$411$264$166$81
36 years$897$596$385$243$151$72
37 years$863$566$360$224$137$64
38 years$831$538$337$206$124$56
39 years$801$511$316$190$112$50
40 years$772$487$296$175$102$44
41 years$745$463$278$162$92$39
42 years$719$441$261$149$84$34
43 years$695$420$244$138$76$30
44 years$671$401$229$127$69$27
45 years$649$382$215$118$63$24
46 years$628$364$202$109$57$21
47 years$607$348$190$100$52$19
48 years$588$332$179$93$47$16
49 years$569$317$168$86$43$15
50 years$552$303$158$79$39$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $565,000, adding $4,340 every year, while hoping to spend $27,540 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: 29/47/24 Blend
49$565,000$565,000$565,000$565,000
50$627,107$597,162$588,404$640,506
51$661,769$597,120$578,813$651,232
52$699,044$596,154$567,978$660,037
53$739,169$594,188$555,828$668,935
54$782,405$591,144$542,289$677,952
55$829,038$586,937$527,283$687,121
56$879,382$581,479$510,729$696,476
57$933,784$574,676$492,543$706,062
58$992,623$566,428$472,636$715,929
59$1,056,316$556,629$450,916$726,135
60$1,125,323$545,167$427,284$736,748
61$1,200,149$531,923$401,641$747,844
62$1,281,349$516,772$373,880$759,514
63$1,369,532$499,579$343,891$771,860
64$1,465,371$480,206$311,558$784,998
65$1,569,604$458,501$276,761$799,060
66$1,683,044$434,308$239,373$814,198
67$1,806,585$407,460$199,262$830,582
68$1,941,211$377,780$156,292$848,407
69$2,088,006$345,082$110,319$867,890
70$2,248,160$309,168$61,192$889,278
71$2,422,986$269,831$8,756$912,849
72$2,613,928$226,850$0$938,916
73$2,822,576$179,993$0$979,917
74$3,050,679$129,014$0$1,027,338
75$3,300,166$73,653$0$1,079,421
76$3,573,157$13,636$0$1,136,709
77$3,871,989$0$0$1,199,807
78$4,199,235$0$0$1,295,929
79$4,557,727$0$0$1,409,045
80$4,950,585$0$0$1,533,098
81$5,381,247$0$0$1,669,185
82$5,853,495$0$0$1,818,513
83$6,371,499$0$0$1,982,414
84$6,939,848$0$0$2,162,353
85$7,563,601$0$0$2,359,944
86$8,248,327$0$0$2,576,966
87$9,000,163$0$0$2,815,378
88$9,825,866$0$0$3,077,338
89$10,732,883$0$0$3,365,224
90$11,729,417$0$0$3,681,656
91$12,824,503$0$0$4,029,518
92$14,028,096$0$0$4,411,991
93$15,351,164$0$0$4,832,577
94$16,805,789$0$0$5,295,136
95$18,405,283$0$0$5,803,919
96$20,164,313$0$0$6,363,611
97$22,099,038$0$0$6,979,375
98$24,227,260$0$0$7,656,896
99$26,568,595$0$0$8,402,442
100$29,144,656$0$0$9,222,917