Can I retire at age 50 with 612,000?

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 $612,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$50,538$50,088$49,649$49,220$48,802$48,192
2 years$25,019$24,553$24,101$23,664$23,239$22,625
3 years$16,514$16,046$15,595$15,162$14,744$14,145
4 years$12,262$11,795$11,349$10,923$10,515$9,937
5 years$9,711$9,248$8,808$8,390$7,994$7,437
6 years$8,012$7,551$7,118$6,709$6,325$5,790
7 years$6,798$6,342$5,915$5,516$5,144$4,632
8 years$5,888$5,436$5,016$4,627$4,267$3,778
9 years$5,181$4,733$4,321$3,942$3,594$3,126
10 years$4,615$4,172$3,767$3,398$3,062$2,616
11 years$4,153$3,714$3,316$2,957$2,633$2,209
12 years$3,768$3,333$2,943$2,594$2,282$1,879
13 years$3,443$3,012$2,629$2,290$1,990$1,607
14 years$3,164$2,738$2,363$2,033$1,744$1,382
15 years$2,922$2,501$2,133$1,813$1,536$1,192
16 years$2,711$2,295$1,934$1,623$1,357$1,033
17 years$2,525$2,114$1,760$1,458$1,204$897
18 years$2,360$1,953$1,606$1,314$1,070$781
19 years$2,213$1,810$1,471$1,188$954$681
20 years$2,080$1,682$1,350$1,076$852$595
21 years$1,960$1,567$1,241$976$762$521
22 years$1,851$1,463$1,144$888$683$457
23 years$1,752$1,368$1,056$808$614$401
24 years$1,661$1,282$977$737$551$352
25 years$1,578$1,203$905$673$496$310
26 years$1,501$1,130$839$616$447$273
27 years$1,430$1,064$779$563$403$240
28 years$1,364$1,002$725$516$364$211
29 years$1,303$946$674$473$328$186
30 years$1,246$893$628$434$297$164
31 years$1,193$844$585$399$268$145
32 years$1,143$799$546$367$243$128
33 years$1,096$757$510$337$220$113
34 years$1,052$717$477$310$199$100
35 years$1,011$680$446$286$180$88
36 years$972$645$417$263$163$78
37 years$935$613$390$242$148$69
38 years$901$583$365$223$134$61
39 years$868$554$342$206$122$54
40 years$837$527$321$190$110$48
41 years$807$502$301$175$100$42
42 years$779$478$282$162$91$37
43 years$753$455$265$149$82$33
44 years$727$434$249$138$75$29
45 years$703$414$233$127$68$26
46 years$680$395$219$118$62$23
47 years$658$377$206$109$56$20
48 years$637$360$194$100$51$18
49 years$617$343$182$93$46$16
50 years$598$328$171$86$42$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $612,000, adding $6,836 every year, while hoping to spend $35,427 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: 75/13/12 Blend
49$612,000$612,000$612,000$612,000
50$681,475$649,039$639,553$730,454
51$713,292$643,148$623,284$757,817
52$747,166$635,781$605,283$782,680
53$783,271$626,828$585,454$808,947
54$821,795$616,173$563,697$836,745
55$862,945$603,693$539,908$866,217
56$906,949$589,257$513,978$897,519
57$954,054$572,727$485,793$930,822
58$1,004,534$553,957$455,234$966,318
59$1,058,688$532,792$422,175$1,004,218
60$1,116,844$509,069$386,487$1,044,755
61$1,179,361$482,613$348,034$1,088,185
62$1,246,637$453,241$306,674$1,134,795
63$1,319,104$420,761$262,258$1,184,896
64$1,397,241$384,966$214,632$1,238,838
65$1,481,570$345,640$163,633$1,297,003
66$1,572,668$302,554$109,092$1,359,815
67$1,671,168$255,467$50,834$1,427,742
68$1,777,764$204,122$0$1,501,302
69$1,893,221$148,249$0$1,582,518
70$2,018,380$87,563$0$1,677,609
71$2,154,164$21,763$0$1,780,782
72$2,301,591$0$0$1,892,834
73$2,461,778$0$0$2,021,720
74$2,635,954$0$0$2,165,270
75$2,825,474$0$0$2,321,487
76$3,031,825$0$0$2,491,603
77$3,256,646$0$0$2,676,970
78$3,501,739$0$0$2,879,078
79$3,769,088$0$0$3,099,566
80$4,060,878$0$0$3,340,240
81$4,379,511$0$0$3,603,084
82$4,727,635$0$0$3,890,285
83$5,108,161$0$0$4,204,251
84$5,524,298$0$0$4,547,633
85$5,979,576$0$0$4,923,347
86$6,477,885$0$0$5,334,608
87$7,023,505$0$0$5,784,953
88$7,621,153$0$0$6,278,279
89$8,276,019$0$0$6,818,878
90$8,993,824$0$0$7,411,474
91$9,780,865$0$0$8,061,272
92$10,644,078$0$0$8,774,006
93$11,591,105$0$0$9,555,989
94$12,630,360$0$0$10,414,175
95$13,771,113$0$0$11,356,226
96$15,023,576$0$0$12,390,581
97$16,398,996$0$0$13,526,533
98$17,909,764$0$0$14,774,325
99$19,569,529$0$0$16,145,236
100$21,393,329$0$0$17,651,694