Can I retire at age 50 with 631,000?

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 $631,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$52,107$51,643$51,190$50,748$50,317$48,532
2 years$25,796$25,315$24,850$24,398$23,960$22,181
3 years$17,026$16,544$16,079$15,632$15,201$13,483
4 years$12,642$12,161$11,702$11,262$10,842$9,199
5 years$10,013$9,535$9,081$8,650$8,242$6,678
6 years$8,260$7,786$7,339$6,918$6,521$5,037
7 years$7,009$6,539$6,099$5,687$5,304$3,900
8 years$6,071$5,605$5,172$4,771$4,400$3,074
9 years$5,342$4,880$4,455$4,064$3,705$2,457
10 years$4,759$4,301$3,884$3,503$3,157$1,984
11 years$4,282$3,829$3,419$3,049$2,715$1,614
12 years$3,885$3,437$3,034$2,674$2,353$1,322
13 years$3,549$3,106$2,711$2,361$2,052$1,088
14 years$3,262$2,823$2,436$2,096$1,799$899
15 years$3,013$2,579$2,199$1,869$1,584$745
16 years$2,796$2,366$1,994$1,674$1,400$619
17 years$2,604$2,179$1,814$1,504$1,241$515
18 years$2,434$2,014$1,656$1,355$1,103$430
19 years$2,281$1,866$1,516$1,224$984$359
20 years$2,145$1,734$1,392$1,109$879$301
21 years$2,021$1,615$1,280$1,006$786$252
22 years$1,909$1,508$1,180$915$705$211
23 years$1,806$1,410$1,089$833$633$177
24 years$1,713$1,321$1,007$760$569$148
25 years$1,627$1,240$933$694$512$125
26 years$1,548$1,165$865$635$461$105
27 years$1,474$1,097$804$581$415$88
28 years$1,406$1,034$747$532$375$74
29 years$1,343$975$695$488$339$62
30 years$1,284$921$648$448$306$52
31 years$1,230$870$604$411$277$44
32 years$1,178$824$563$378$250$37
33 years$1,130$780$526$348$226$31
34 years$1,085$739$491$320$205$26
35 years$1,042$701$459$295$186$22
36 years$1,002$666$430$271$168$19
37 years$964$632$402$250$152$16
38 years$929$601$377$230$138$13
39 years$895$571$353$212$125$11
40 years$863$543$331$196$114$9
41 years$832$517$310$181$103$8
42 years$803$493$291$167$94$7
43 years$776$469$273$154$85$6
44 years$750$447$256$142$77$5
45 years$725$427$241$131$70$4
46 years$701$407$226$121$64$3
47 years$678$388$212$112$58$3
48 years$657$371$200$104$52$2
49 years$636$354$188$96$48$2
50 years$616$338$176$88$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $631,000, adding $4,900 every year, while hoping to spend $20,277 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: 80/5/15 Blend
49$631,000$631,000$631,000$631,000
50$700,416$666,973$657,193$753,901
51$750,284$678,080$657,634$800,887
52$804,559$689,052$657,411$849,337
53$863,669$699,861$656,479$901,934
54$928,085$710,476$654,793$959,082
55$998,325$720,865$652,304$1,021,232
56$1,074,961$730,994$648,963$1,088,876
57$1,158,620$740,825$644,716$1,162,558
58$1,249,994$750,320$639,508$1,242,876
59$1,349,843$759,436$633,282$1,330,491
60$1,459,006$768,127$625,976$1,426,130
61$1,578,405$776,346$617,526$1,530,594
62$1,709,056$784,040$607,867$1,644,765
63$1,852,078$791,156$596,929$1,769,615
64$2,008,702$797,635$584,638$1,906,217
65$2,180,284$803,414$570,918$2,055,751
66$2,368,319$808,427$555,690$2,219,518
67$2,574,451$812,603$538,869$2,398,952
68$2,800,492$815,868$520,368$2,595,632
69$3,048,438$818,142$500,096$2,811,301
70$3,320,487$819,339$477,958$3,047,876
71$3,619,060$819,370$453,853$3,307,471
72$3,946,824$818,138$427,676$3,592,418
73$4,306,716$815,543$399,319$3,905,283
74$4,701,972$811,476$368,668$4,248,895
75$5,136,158$805,823$335,603$4,626,375
76$5,613,200$798,462$300,000$5,041,157
77$6,137,425$789,265$261,728$5,497,029
78$6,713,598$778,095$220,652$5,998,166
79$7,346,971$764,808$176,630$6,549,166
80$8,043,329$749,250$129,513$7,155,099
81$8,809,045$731,260$79,148$7,821,551
82$9,651,140$710,664$25,372$8,554,679
83$10,577,352$687,282$0$9,361,268
84$11,596,203$660,921$0$10,253,919
85$12,717,087$631,377$0$11,240,415
86$13,950,350$598,434$0$12,325,803
87$15,307,393$561,865$0$13,520,122
88$16,800,779$521,428$0$14,834,433
89$18,444,350$476,869$0$16,280,927
90$20,253,356$427,919$0$17,873,034
91$22,244,603$374,292$0$19,625,554
92$24,436,608$315,687$0$21,554,797
93$26,849,773$251,787$0$23,678,732
94$29,506,581$182,255$0$26,017,162
95$32,431,804$106,738$0$28,591,908
96$35,652,740$24,860$0$31,427,015
97$39,199,468$0$0$34,548,980
98$43,105,132$0$0$37,990,511
99$47,406,254$0$0$41,782,034
100$52,143,078$0$0$45,957,662