Can I retire at age 50 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$47,483$47,060$46,647$46,245$45,851$44,999
2 years$23,506$23,069$22,644$22,233$21,834$20,979
3 years$15,515$15,076$14,652$14,245$13,852$13,021
4 years$11,520$11,082$10,663$10,263$9,880$9,078
5 years$9,124$8,689$8,275$7,883$7,510$6,741
6 years$7,527$7,095$6,687$6,304$5,943$5,206
7 years$6,387$5,958$5,557$5,183$4,833$4,129
8 years$5,532$5,107$4,713$4,348$4,009$3,339
9 years$4,868$4,447$4,059$3,703$3,377$2,739
10 years$4,336$3,920$3,539$3,192$2,877$2,271
11 years$3,902$3,489$3,116$2,778$2,474$1,900
12 years$3,540$3,132$2,765$2,437$2,144$1,600
13 years$3,234$2,830$2,470$2,151$1,870$1,355
14 years$2,973$2,573$2,220$1,910$1,639$1,153
15 years$2,746$2,350$2,004$1,703$1,443$985
16 years$2,547$2,156$1,817$1,525$1,275$844
17 years$2,373$1,986$1,653$1,370$1,131$726
18 years$2,218$1,835$1,509$1,235$1,006$625
19 years$2,079$1,701$1,382$1,116$896$539
20 years$1,954$1,580$1,268$1,011$801$466
21 years$1,842$1,472$1,166$917$716$403
22 years$1,739$1,374$1,075$834$642$350
23 years$1,646$1,285$993$759$576$303
24 years$1,561$1,204$918$693$518$263
25 years$1,482$1,130$850$633$466$229
26 years$1,410$1,062$789$578$420$199
27 years$1,343$999$732$529$379$173
28 years$1,282$942$681$485$342$151
29 years$1,224$888$633$445$308$131
30 years$1,170$839$590$408$279$114
31 years$1,120$793$550$375$252$100
32 years$1,074$751$513$345$228$87
33 years$1,030$711$479$317$206$76
34 years$989$674$448$292$187$66
35 years$950$639$419$268$169$58
36 years$913$606$392$247$153$50
37 years$879$576$367$228$139$44
38 years$846$547$343$210$126$38
39 years$815$521$322$194$114$33
40 years$786$495$301$179$104$29
41 years$758$471$283$165$94$25
42 years$732$449$265$152$85$22
43 years$707$428$249$140$77$19
44 years$683$408$234$130$70$17
45 years$660$389$219$120$64$15
46 years$639$371$206$111$58$13
47 years$618$354$193$102$53$11
48 years$598$338$182$94$48$10
49 years$579$323$171$87$43$9
50 years$561$308$161$81$39$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $575,000, adding $5,381 every year, while hoping to spend $36,078 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: 68/27/5 Blend
49$575,000$575,000$575,000$575,000
50$639,201$608,726$599,813$681,928
51$666,012$600,166$581,520$702,353
52$694,350$589,979$561,405$719,765
53$724,330$578,044$539,369$737,817
54$756,082$564,239$515,308$756,566
55$789,746$548,430$489,114$776,072
56$825,474$530,477$460,674$796,407
57$863,435$510,233$429,869$817,646
58$903,811$487,540$396,575$839,877
59$946,803$462,233$360,664$863,197
60$992,630$434,136$322,000$887,713
61$1,041,534$403,064$280,442$913,546
62$1,093,777$368,820$235,843$940,831
63$1,149,648$331,198$188,049$969,716
64$1,209,463$289,978$136,900$1,000,369
65$1,273,570$244,929$82,228$1,032,976
66$1,342,349$195,805$23,858$1,067,744
67$1,416,218$142,349$0$1,104,903
68$1,495,635$84,287$0$1,146,762
69$1,581,105$21,332$0$1,193,045
70$1,673,179$0$0$1,242,808
71$1,772,465$0$0$1,310,324
72$1,879,630$0$0$1,390,066
73$1,995,407$0$0$1,476,243
74$2,120,600$0$0$1,569,458
75$2,256,095$0$0$1,670,374
76$2,402,866$0$0$1,779,720
77$2,561,981$0$0$1,898,297
78$2,734,619$0$0$2,026,986
79$2,922,071$0$0$2,166,755
80$3,125,762$0$0$2,318,671
81$3,347,257$0$0$2,483,905
82$3,588,279$0$0$2,663,749
83$3,850,723$0$0$2,859,621
84$4,136,673$0$0$3,073,083
85$4,448,426$0$0$3,305,855
86$4,788,506$0$0$3,559,827
87$5,159,694$0$0$3,837,084
88$5,565,051$0$0$4,139,916
89$6,007,944$0$0$4,470,848
90$6,492,084$0$0$4,832,658
91$7,021,552$0$0$5,228,404
92$7,600,845$0$0$5,661,455
93$8,234,914$0$0$6,135,520
94$8,929,209$0$0$6,654,682
95$9,689,734$0$0$7,223,439
96$10,523,099$0$0$7,846,744
97$11,436,586$0$0$8,530,050
98$12,438,213$0$0$9,279,367
99$13,536,810$0$0$10,101,310
100$14,742,107$0$0$11,003,168