Can I retire at age 50 with 609,000?

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 $609,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$50,291$49,843$49,406$48,979$48,563$47,582
2 years$24,896$24,433$23,983$23,548$23,125$22,141
3 years$16,433$15,967$15,519$15,087$14,671$13,716
4 years$12,202$11,737$11,294$10,869$10,464$9,543
5 years$9,664$9,202$8,764$8,349$7,954$7,071
6 years$7,972$7,514$7,083$6,677$6,294$5,449
7 years$6,765$6,311$5,886$5,489$5,119$4,313
8 years$5,859$5,409$4,992$4,605$4,247$3,479
9 years$5,156$4,710$4,299$3,922$3,576$2,847
10 years$4,593$4,151$3,748$3,381$3,047$2,355
11 years$4,133$3,696$3,300$2,942$2,621$1,965
12 years$3,750$3,317$2,929$2,581$2,271$1,651
13 years$3,426$2,998$2,617$2,279$1,980$1,395
14 years$3,148$2,725$2,351$2,023$1,736$1,184
15 years$2,908$2,489$2,123$1,804$1,528$1,008
16 years$2,698$2,284$1,924$1,615$1,351$862
17 years$2,513$2,103$1,751$1,451$1,198$738
18 years$2,349$1,944$1,599$1,308$1,065$634
19 years$2,202$1,801$1,463$1,182$949$545
20 years$2,070$1,674$1,343$1,070$848$470
21 years$1,951$1,559$1,235$971$759$406
22 years$1,842$1,455$1,139$883$680$350
23 years$1,743$1,361$1,051$804$611$303
24 years$1,653$1,275$972$734$549$262
25 years$1,570$1,197$901$670$494$227
26 years$1,494$1,125$835$613$445$197
27 years$1,423$1,059$776$561$401$171
28 years$1,357$998$721$514$362$148
29 years$1,296$941$671$471$327$129
30 years$1,240$889$625$432$295$112
31 years$1,187$840$583$397$267$97
32 years$1,137$795$544$365$241$84
33 years$1,091$753$508$336$219$73
34 years$1,047$713$474$309$198$64
35 years$1,006$677$443$284$179$55
36 years$967$642$415$262$162$48
37 years$931$610$388$241$147$42
38 years$896$580$364$222$133$36
39 years$864$551$341$205$121$32
40 years$833$525$319$189$110$28
41 years$803$499$299$174$100$24
42 years$775$476$281$161$90$21
43 years$749$453$263$149$82$18
44 years$724$432$247$137$74$16
45 years$700$412$232$127$68$14
46 years$677$393$218$117$61$12
47 years$655$375$205$108$56$10
48 years$634$358$193$100$51$9
49 years$614$342$181$92$46$8
50 years$595$326$170$85$42$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $609,000, adding $2,340 every year, while hoping to spend $28,985 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: 51/39/10 Blend
49$609,000$609,000$609,000$609,000
50$673,532$641,255$631,815$706,000
51$711,392$641,836$622,141$728,994
52$752,143$641,475$611,172$750,687
53$796,048$640,094$598,833$773,597
54$843,398$637,612$585,047$797,845
55$894,512$633,942$569,732$823,567
56$949,739$628,992$552,806$850,914
57$1,009,465$622,665$534,177$880,052
58$1,074,113$614,858$513,755$911,168
59$1,144,148$605,462$491,441$944,469
60$1,220,082$594,360$467,135$980,184
61$1,302,476$581,430$440,730$1,018,568
62$1,391,950$566,542$412,116$1,059,905
63$1,489,185$549,557$381,178$1,104,508
64$1,594,927$530,332$347,793$1,152,727
65$1,710,002$508,710$311,836$1,204,947
66$1,835,314$484,529$273,174$1,261,599
67$1,971,861$457,616$231,671$1,323,157
68$2,120,741$427,789$187,182$1,390,148
69$2,283,160$394,854$139,556$1,463,158
70$2,460,449$358,608$88,637$1,542,833
71$2,654,069$318,835$34,262$1,629,891
72$2,865,633$275,306$0$1,725,126
73$3,096,913$227,782$0$1,831,953
74$3,349,861$176,006$0$1,952,878
75$3,626,628$119,711$0$2,085,338
76$3,929,580$58,613$0$2,230,548
77$4,261,323$0$0$2,389,850
78$4,624,729$0$0$2,567,984
79$5,022,958$0$0$2,790,814
80$5,459,490$0$0$3,035,140
81$5,938,162$0$0$3,303,117
82$6,463,194$0$0$3,597,117
83$7,039,239$0$0$3,919,753
84$7,671,420$0$0$4,273,903
85$8,365,380$0$0$4,662,739
86$9,127,335$0$0$5,089,752
87$9,964,134$0$0$5,558,789
88$10,883,319$0$0$6,074,090
89$11,893,200$0$0$6,640,323
90$13,002,932$0$0$7,262,632
91$14,222,601$0$0$7,946,684
92$15,563,317$0$0$8,698,722
93$17,037,321$0$0$9,525,625
94$18,658,100$0$0$10,434,970
95$20,440,512$0$0$11,435,106
96$22,400,928$0$0$12,535,234
97$24,557,384$0$0$13,745,487
98$26,929,752$0$0$15,077,034
99$29,539,929$0$0$16,542,177
100$32,412,039$0$0$18,154,475