Can I retire at age 50 with 627,000?

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 $627,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$51,777$51,316$50,866$50,427$49,998$48,573
2 years$25,632$25,155$24,692$24,244$23,809$22,384
3 years$16,918$16,439$15,977$15,533$15,105$13,725
4 years$12,562$12,084$11,628$11,191$10,773$9,449
5 years$9,949$9,474$9,023$8,596$8,190$6,925
6 years$8,208$7,736$7,292$6,874$6,480$5,276
7 years$6,965$6,497$6,060$5,651$5,270$4,126
8 years$6,033$5,569$5,139$4,741$4,372$3,288
9 years$5,308$4,849$4,426$4,038$3,682$2,656
10 years$4,729$4,274$3,859$3,481$3,137$2,169
11 years$4,255$3,805$3,397$3,029$2,698$1,786
12 years$3,860$3,415$3,015$2,657$2,338$1,480
13 years$3,527$3,086$2,694$2,346$2,039$1,233
14 years$3,241$2,805$2,420$2,082$1,787$1,031
15 years$2,994$2,563$2,185$1,857$1,574$866
16 years$2,778$2,351$1,981$1,663$1,391$729
17 years$2,587$2,165$1,803$1,494$1,233$615
18 years$2,418$2,001$1,646$1,346$1,096$520
19 years$2,267$1,854$1,507$1,217$977$440
20 years$2,131$1,723$1,383$1,102$873$374
21 years$2,008$1,605$1,272$1,000$781$317
22 years$1,897$1,498$1,172$909$700$270
23 years$1,795$1,401$1,082$828$629$229
24 years$1,702$1,313$1,001$755$565$195
25 years$1,617$1,232$927$690$508$166
26 years$1,538$1,158$860$631$458$142
27 years$1,465$1,090$798$577$413$121
28 years$1,397$1,027$742$529$373$103
29 years$1,335$969$691$485$336$88
30 years$1,276$915$643$445$304$75
31 years$1,222$865$600$409$275$64
32 years$1,171$818$560$376$249$55
33 years$1,123$775$523$346$225$47
34 years$1,078$735$488$318$204$40
35 years$1,036$697$456$293$184$34
36 years$996$661$427$270$167$29
37 years$958$628$400$248$151$25
38 years$923$597$374$229$137$21
39 years$889$568$351$211$125$18
40 years$857$540$329$195$113$15
41 years$827$514$308$180$102$13
42 years$798$490$289$166$93$11
43 years$771$466$271$153$84$10
44 years$745$445$255$141$77$8
45 years$720$424$239$130$70$7
46 years$697$404$225$121$63$6
47 years$674$386$211$111$57$5
48 years$652$368$198$103$52$4
49 years$632$352$186$95$47$4
50 years$612$336$175$88$43$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $627,000, adding $4,461 every year, while hoping to spend $48,792 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: 58/17/25 Blend
49$627,000$627,000$627,000$627,000
50$695,556$662,325$652,606$730,952
51$714,588$642,864$622,554$736,169
52$733,926$620,815$589,860$736,274
53$753,550$595,998$554,384$735,353
54$773,436$568,226$515,979$733,320
55$793,555$537,298$474,494$730,081
56$813,876$503,003$429,767$725,537
57$834,359$465,118$381,632$719,581
58$854,962$423,407$329,915$712,099
59$875,634$377,621$274,433$702,966
60$896,320$327,495$214,997$692,050
61$916,953$272,751$151,409$679,210
62$937,461$213,094$83,460$664,292
63$957,761$148,214$10,934$647,133
64$977,758$77,783$0$627,555
65$997,348$1,453$0$623,098
66$1,016,412$0$0$620,093
67$1,034,817$0$0$630,645
68$1,052,412$0$0$640,922
69$1,069,032$0$0$650,545
70$1,084,489$0$0$659,393
71$1,098,575$0$0$667,332
72$1,111,056$0$0$674,213
73$1,121,675$0$0$679,868
74$1,130,141$0$0$684,112
75$1,136,133$0$0$686,738
76$1,139,294$0$0$687,516
77$1,139,227$0$0$686,192
78$1,135,490$0$0$682,482
79$1,127,595$0$0$676,072
80$1,114,996$0$0$666,613
81$1,097,093$0$0$653,720
82$1,073,217$0$0$636,963
83$1,042,629$0$0$615,869
84$1,004,509$0$0$589,912
85$957,951$0$0$558,512
86$901,949$0$0$521,024
87$835,393$0$0$476,737
88$757,053$0$0$424,863
89$665,572$0$0$364,533
90$559,445$0$0$294,783
91$437,012$0$0$214,551
92$296,436$0$0$122,660
93$135,689$0$0$17,813
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