Can I retire at age 50 with 577,000?

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 $577,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$47,648$47,224$46,810$46,405$46,011$44,717
2 years$23,588$23,149$22,723$22,310$21,910$20,617
3 years$15,569$15,128$14,703$14,294$13,901$12,648
4 years$11,561$11,121$10,700$10,298$9,914$8,712
5 years$9,156$8,719$8,304$7,910$7,536$6,388
6 years$7,553$7,120$6,711$6,326$5,963$4,869
7 years$6,409$5,979$5,577$5,201$4,850$3,810
8 years$5,551$5,125$4,729$4,363$4,023$3,038
9 years$4,885$4,462$4,073$3,716$3,388$2,456
10 years$4,352$3,933$3,551$3,203$2,887$2,007
11 years$3,916$3,502$3,127$2,788$2,483$1,653
12 years$3,553$3,143$2,775$2,445$2,152$1,371
13 years$3,246$2,840$2,479$2,159$1,876$1,143
14 years$2,983$2,582$2,227$1,916$1,645$957
15 years$2,755$2,358$2,011$1,709$1,448$804
16 years$2,556$2,164$1,823$1,530$1,280$677
17 years$2,381$1,993$1,659$1,375$1,135$572
18 years$2,225$1,841$1,515$1,239$1,009$484
19 years$2,086$1,707$1,387$1,120$899$410
20 years$1,961$1,586$1,272$1,014$803$348
21 years$1,848$1,477$1,170$920$719$296
22 years$1,745$1,379$1,079$837$644$252
23 years$1,652$1,290$996$762$578$214
24 years$1,566$1,208$921$695$520$182
25 years$1,488$1,134$853$635$468$156
26 years$1,415$1,066$791$580$421$133
27 years$1,348$1,003$735$531$380$113
28 years$1,286$945$683$487$343$97
29 years$1,228$892$636$446$310$83
30 years$1,175$842$592$410$280$70
31 years$1,124$796$552$376$253$60
32 years$1,077$753$515$346$229$51
33 years$1,033$713$481$318$207$44
34 years$992$676$449$293$187$38
35 years$953$641$420$269$170$32
36 years$916$609$393$248$154$27
37 years$882$578$368$229$139$23
38 years$849$549$344$211$126$20
39 years$818$522$323$194$115$17
40 years$789$497$302$179$104$15
41 years$761$473$284$165$94$13
42 years$735$451$266$153$86$11
43 years$709$429$250$141$78$9
44 years$686$409$234$130$70$8
45 years$663$390$220$120$64$7
46 years$641$372$207$111$58$6
47 years$620$355$194$102$53$5
48 years$600$339$182$95$48$4
49 years$581$324$171$88$44$4
50 years$563$309$161$81$40$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $577,000, adding $4,820 every year, while hoping to spend $39,417 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: 43/27/30 Blend
49$577,000$577,000$577,000$577,000
50$640,826$610,245$601,301$662,601
51$664,251$598,207$579,506$666,684
52$688,744$584,259$555,659$667,034
53$714,372$568,265$529,650$666,676
54$741,210$550,081$501,364$665,567
55$769,334$529,556$470,681$663,665
56$798,832$506,530$437,475$660,926
57$829,796$480,833$401,613$657,305
58$862,327$452,286$362,959$652,757
59$896,535$420,698$321,369$647,235
60$932,538$385,869$276,692$640,693
61$970,468$347,588$228,771$633,083
62$1,010,465$305,629$177,445$624,360
63$1,052,684$259,756$122,540$614,474
64$1,097,292$209,718$63,880$603,381
65$1,144,473$155,251$1,277$591,034
66$1,194,427$96,077$0$577,390
67$1,247,372$31,898$0$583,381
68$1,303,549$0$0$589,792
69$1,363,217$0$0$607,411
70$1,426,662$0$0$636,260
71$1,494,197$0$0$667,010
72$1,566,165$0$0$699,820
73$1,642,939$0$0$734,867
74$1,724,930$0$0$772,344
75$1,812,589$0$0$812,463
76$1,906,408$0$0$855,457
77$2,006,928$0$0$901,580
78$2,114,741$0$0$951,112
79$2,230,500$0$0$1,004,360
80$2,354,918$0$0$1,061,660
81$2,488,779$0$0$1,123,383
82$2,632,944$0$0$1,189,934
83$2,788,359$0$0$1,261,761
84$2,956,062$0$0$1,339,354
85$3,137,194$0$0$1,423,251
86$3,333,010$0$0$1,514,045
87$3,544,887$0$0$1,612,387
88$3,774,341$0$0$1,718,993
89$4,023,037$0$0$1,834,651
90$4,292,808$0$0$1,960,225
91$4,585,666$0$0$2,096,669
92$4,903,829$0$0$2,245,031
93$5,249,732$0$0$2,406,461
94$5,626,058$0$0$2,582,230
95$6,035,755$0$0$2,773,732
96$6,482,071$0$0$2,982,502
97$6,968,577$0$0$3,210,231
98$7,499,204$0$0$3,458,780
99$8,078,280$0$0$3,730,195
100$8,710,568$0$0$4,026,731