Can I retire at age 50 with 565,000?

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 $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%11.6%
1 years$46,657$46,242$45,836$45,440$45,054$44,751
2 years$23,098$22,667$22,251$21,846$21,454$21,149
3 years$15,245$14,813$14,398$13,997$13,611$13,313
4 years$11,320$10,889$10,478$10,084$9,708$9,419
5 years$8,966$8,537$8,131$7,746$7,380$7,100
6 years$7,396$6,971$6,571$6,194$5,839$5,570
7 years$6,276$5,855$5,461$5,093$4,749$4,491
8 years$5,436$5,018$4,631$4,272$3,940$3,692
9 years$4,783$4,370$3,989$3,639$3,318$3,080
10 years$4,261$3,852$3,477$3,137$2,827$2,600
11 years$3,834$3,429$3,062$2,730$2,431$2,214
12 years$3,479$3,077$2,717$2,394$2,107$1,900
13 years$3,178$2,781$2,427$2,114$1,837$1,640
14 years$2,921$2,528$2,181$1,877$1,611$1,423
15 years$2,698$2,309$1,969$1,674$1,418$1,240
16 years$2,503$2,119$1,785$1,498$1,253$1,084
17 years$2,331$1,951$1,625$1,346$1,111$951
18 years$2,179$1,803$1,483$1,213$988$836
19 years$2,043$1,671$1,358$1,096$881$737
20 years$1,920$1,553$1,246$993$787$651
21 years$1,810$1,446$1,146$901$704$575
22 years$1,709$1,350$1,056$819$631$510
23 years$1,618$1,263$975$746$566$452
24 years$1,534$1,183$902$681$509$401
25 years$1,457$1,110$835$622$458$357
26 years$1,386$1,044$775$568$413$318
27 years$1,320$982$719$520$372$283
28 years$1,259$925$669$477$336$252
29 years$1,203$873$622$437$303$225
30 years$1,150$824$580$401$274$200
31 years$1,101$779$541$368$248$179
32 years$1,055$737$504$339$224$160
33 years$1,012$698$471$311$203$143
34 years$971$662$440$286$184$127
35 years$933$628$411$264$166$114
36 years$897$596$385$243$151$102
37 years$863$566$360$224$137$91
38 years$831$538$337$206$124$81
39 years$801$511$316$190$112$73
40 years$772$487$296$175$102$65
41 years$745$463$278$162$92$58
42 years$719$441$261$149$84$52
43 years$695$420$244$138$76$47
44 years$671$401$229$127$69$42
45 years$649$382$215$118$63$37
46 years$628$364$202$109$57$34
47 years$607$348$190$100$52$30
48 years$588$332$179$93$47$27
49 years$569$317$168$86$43$24
50 years$552$303$158$79$39$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $565,000, adding $5,682 every year, while hoping to spend $51,900 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: 41/46/13 Blend
49$565,000$565,000$565,000$565,000
50$628,491$598,546$589,788$651,625
51$637,376$572,654$554,325$642,578
52$645,428$543,753$515,934$627,232
53$652,506$511,642$474,463$609,487
54$658,456$476,107$429,752$589,148
55$663,104$436,921$381,634$566,006
56$666,256$393,846$329,935$539,834
57$667,699$346,629$274,472$510,390
58$667,194$295,004$215,057$477,411
59$664,476$238,687$151,489$440,616
60$659,252$177,382$83,563$399,700
61$651,195$110,773$11,062$354,336
62$639,944$38,528$0$304,169
63$625,100$0$0$258,015
64$606,217$0$0$228,598
65$582,805$0$0$216,593
66$554,319$0$0$202,250
67$520,159$0$0$185,297
68$479,656$0$0$165,431
69$432,076$0$0$142,318
70$376,602$0$0$115,588
71$312,334$0$0$84,831
72$238,277$0$0$49,598
73$153,329$0$0$9,388
74$56,276$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$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