Can I retire at age 50 with 567,000?

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 $567,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$46,822$46,405$45,998$45,601$45,213$44,685
2 years$23,179$22,748$22,329$21,924$21,530$20,999
3 years$15,299$14,866$14,449$14,047$13,660$13,141
4 years$11,360$10,928$10,515$10,120$9,742$9,241
5 years$8,997$8,568$8,160$7,773$7,406$6,923
6 years$7,423$6,996$6,594$6,216$5,860$5,396
7 years$6,298$5,875$5,480$5,111$4,766$4,321
8 years$5,455$5,036$4,647$4,287$3,954$3,528
9 years$4,800$4,385$4,003$3,652$3,330$2,923
10 years$4,276$3,865$3,490$3,148$2,837$2,450
11 years$3,848$3,441$3,072$2,740$2,440$2,071
12 years$3,491$3,088$2,727$2,403$2,114$1,764
13 years$3,189$2,791$2,436$2,121$1,844$1,511
14 years$2,931$2,537$2,189$1,883$1,616$1,300
15 years$2,708$2,318$1,976$1,679$1,423$1,124
16 years$2,512$2,126$1,792$1,504$1,258$974
17 years$2,340$1,958$1,630$1,351$1,115$847
18 years$2,187$1,809$1,488$1,218$992$739
19 years$2,050$1,677$1,363$1,100$884$646
20 years$1,927$1,558$1,250$996$789$565
21 years$1,816$1,452$1,150$904$706$495
22 years$1,715$1,355$1,060$822$633$435
23 years$1,623$1,267$979$749$568$382
24 years$1,539$1,187$905$683$511$336
25 years$1,462$1,114$838$624$460$296
26 years$1,391$1,047$778$570$414$261
27 years$1,325$986$722$522$373$230
28 years$1,264$929$671$478$337$203
29 years$1,207$876$625$439$304$179
30 years$1,154$827$582$403$275$158
31 years$1,105$782$542$370$249$140
32 years$1,059$740$506$340$225$124
33 years$1,015$701$473$312$203$109
34 years$975$664$442$287$184$97
35 years$937$630$413$265$167$86
36 years$901$598$386$244$151$76
37 years$867$568$361$225$137$67
38 years$834$540$338$207$124$59
39 years$804$513$317$191$113$53
40 years$775$488$297$176$102$47
41 years$748$465$279$162$93$41
42 years$722$443$261$150$84$37
43 years$697$422$245$138$76$32
44 years$674$402$230$128$69$29
45 years$651$383$216$118$63$25
46 years$630$366$203$109$57$23
47 years$610$349$191$101$52$20
48 years$590$333$179$93$47$18
49 years$571$318$169$86$43$16
50 years$554$304$158$79$39$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $567,000, adding $4,640 every year, while hoping to spend $25,973 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: 63/18/19 Blend
49$567,000$567,000$567,000$567,000
50$629,620$599,569$590,781$665,959
51$666,206$601,313$582,937$692,724
52$705,654$602,272$573,960$718,598
53$748,227$602,380$563,784$746,249
54$794,216$601,566$552,341$775,850
55$843,941$599,758$539,559$807,597
56$897,753$596,876$525,364$841,703
57$956,037$592,835$509,676$878,404
58$1,019,217$587,549$492,415$917,963
59$1,087,760$580,921$473,493$960,669
60$1,162,178$572,854$452,823$1,006,841
61$1,243,037$563,240$430,309$1,056,833
62$1,330,956$551,968$405,853$1,111,035
63$1,426,618$538,919$379,354$1,169,880
64$1,530,775$523,968$350,704$1,233,843
65$1,644,253$506,982$319,792$1,303,453
66$1,767,962$487,819$286,501$1,379,290
67$1,902,904$466,332$250,707$1,461,999
68$2,050,179$442,361$212,285$1,552,289
69$2,211,002$415,741$171,102$1,650,946
70$2,386,707$386,296$127,017$1,758,835
71$2,578,765$353,838$79,886$1,876,915
72$2,788,795$318,172$29,557$2,006,241
73$3,018,578$279,088$0$2,147,981
74$3,270,076$236,366$0$2,308,320
75$3,545,450$189,775$0$2,490,496
76$3,847,081$139,069$0$2,690,117
77$4,177,587$83,987$0$2,908,953
78$4,539,856$24,257$0$3,148,956
79$4,937,065$0$0$3,412,276
80$5,372,714$0$0$3,709,291
81$5,850,660$0$0$4,040,456
82$6,375,149$0$0$4,403,913
83$6,950,860$0$0$4,802,909
84$7,582,944$0$0$5,241,022
85$8,277,079$0$0$5,722,191
86$9,039,516$0$0$6,250,757
87$9,877,145$0$0$6,831,501
88$10,797,553$0$0$7,469,691
89$11,809,100$0$0$8,171,129
90$12,920,996$0$0$8,942,210
91$14,143,388$0$0$9,789,975
92$15,487,454$0$0$10,722,186
93$16,965,510$0$0$11,747,392
94$18,591,125$0$0$12,875,013
95$20,379,250$0$0$14,115,426
96$22,346,356$0$0$15,480,068
97$24,510,592$0$0$16,981,536
98$26,891,955$0$0$18,633,712
99$29,512,478$0$0$20,451,893
100$32,396,436$0$0$22,452,930