Can I retire at age 50 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$47,235$46,814$46,404$46,003$45,612$44,968
2 years$23,384$22,948$22,526$22,117$21,720$21,072
3 years$15,434$14,997$14,576$14,171$13,780$13,149
4 years$11,460$11,024$10,608$10,209$9,828$9,218
5 years$9,077$8,643$8,232$7,842$7,471$6,884
6 years$7,488$7,058$6,653$6,271$5,912$5,349
7 years$6,354$5,927$5,528$5,156$4,808$4,269
8 years$5,503$5,081$4,688$4,325$3,989$3,474
9 years$4,842$4,424$4,038$3,684$3,359$2,868
10 years$4,314$3,899$3,521$3,176$2,862$2,394
11 years$3,882$3,471$3,099$2,764$2,461$2,017
12 years$3,522$3,116$2,751$2,424$2,133$1,711
13 years$3,218$2,816$2,458$2,140$1,860$1,460
14 years$2,957$2,559$2,208$1,900$1,630$1,251
15 years$2,731$2,338$1,994$1,694$1,436$1,077
16 years$2,534$2,145$1,808$1,517$1,269$930
17 years$2,360$1,976$1,645$1,363$1,125$806
18 years$2,206$1,825$1,501$1,228$1,000$699
19 years$2,068$1,692$1,375$1,110$892$608
20 years$1,944$1,572$1,261$1,005$796$530
21 years$1,832$1,464$1,160$912$713$463
22 years$1,730$1,367$1,069$830$639$404
23 years$1,638$1,278$987$755$573$354
24 years$1,553$1,198$913$689$515$310
25 years$1,475$1,124$846$629$464$272
26 years$1,403$1,056$784$575$418$238
27 years$1,336$994$728$527$377$209
28 years$1,275$937$677$483$340$184
29 years$1,218$884$630$442$307$161
30 years$1,164$835$587$406$277$142
31 years$1,115$789$547$373$251$125
32 years$1,068$747$511$343$227$110
33 years$1,024$707$477$315$205$97
34 years$983$670$445$290$186$85
35 years$945$636$416$267$168$75
36 years$908$603$390$246$152$66
37 years$874$573$365$227$138$58
38 years$842$545$341$209$125$51
39 years$811$518$320$193$114$45
40 years$782$493$300$178$103$40
41 years$754$469$281$164$93$35
42 years$728$447$264$151$85$31
43 years$703$426$247$140$77$27
44 years$680$406$232$129$70$24
45 years$657$387$218$119$63$21
46 years$635$369$205$110$58$19
47 years$615$352$192$102$52$16
48 years$595$336$181$94$48$14
49 years$576$321$170$87$43$13
50 years$558$307$160$80$39$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $572,000, adding $5,066 every year, while hoping to spend $48,932 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: 66/8/26 Blend
49$572,000$572,000$572,000$572,000
50$635,570$605,254$596,388$672,893
51$648,334$582,848$564,303$676,256
52$660,761$557,704$529,504$673,964
53$672,764$529,637$491,848$670,355
54$684,246$498,449$451,185$665,302
55$695,099$463,933$407,360$658,667
56$705,203$425,870$360,210$650,300
57$714,422$384,026$309,565$640,038
58$722,607$338,156$255,249$627,704
59$729,588$288,001$197,075$613,104
60$735,180$233,287$134,851$596,027
61$739,174$173,724$68,374$576,244
62$741,339$109,006$0$553,504
63$741,418$38,809$0$528,247
64$739,126$0$0$519,751
65$734,145$0$0$512,043
66$726,125$0$0$505,519
67$714,676$0$0$496,480
68$699,364$0$0$484,609
69$679,713$0$0$469,559
70$655,191$0$0$450,942
71$625,211$0$0$428,331
72$589,124$0$0$401,252
73$546,211$0$0$369,183
74$495,676$0$0$331,543
75$436,639$0$0$287,692
76$368,128$0$0$236,921
77$289,068$0$0$178,448
78$198,271$0$0$111,408
79$94,424$0$0$34,845
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