Can I retire at age 50 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$52,438$51,971$51,515$51,070$50,636$49,372
2 years$25,959$25,476$25,007$24,553$24,112$22,847
3 years$17,134$16,649$16,181$15,731$15,298$14,070
4 years$12,723$12,239$11,776$11,334$10,911$9,731
5 years$10,076$9,595$9,139$8,705$8,294$7,165
6 years$8,313$7,835$7,385$6,962$6,563$5,486
7 years$7,053$6,580$6,137$5,724$5,337$4,312
8 years$6,110$5,640$5,205$4,801$4,428$3,454
9 years$5,376$4,911$4,483$4,090$3,729$2,806
10 years$4,789$4,329$3,908$3,525$3,177$2,304
11 years$4,309$3,854$3,441$3,068$2,732$1,908
12 years$3,910$3,459$3,054$2,691$2,368$1,590
13 years$3,572$3,126$2,728$2,376$2,065$1,333
14 years$3,283$2,841$2,451$2,109$1,810$1,122
15 years$3,032$2,595$2,213$1,881$1,594$948
16 years$2,813$2,381$2,007$1,684$1,409$803
17 years$2,620$2,193$1,826$1,513$1,249$682
18 years$2,449$2,027$1,667$1,364$1,110$581
19 years$2,296$1,878$1,526$1,232$990$495
20 years$2,158$1,745$1,400$1,116$884$423
21 years$2,034$1,626$1,288$1,013$791$362
22 years$1,921$1,517$1,187$921$709$309
23 years$1,818$1,419$1,096$839$637$265
24 years$1,724$1,330$1,014$765$572$227
25 years$1,637$1,248$939$699$515$195
26 years$1,557$1,173$871$639$464$167
27 years$1,484$1,104$809$585$418$144
28 years$1,415$1,040$752$536$377$124
29 years$1,352$981$700$491$341$106
30 years$1,293$927$652$451$308$91
31 years$1,237$876$607$414$278$78
32 years$1,186$829$567$381$252$68
33 years$1,137$785$529$350$228$58
34 years$1,092$744$494$322$206$50
35 years$1,049$706$462$296$187$43
36 years$1,009$670$432$273$169$37
37 years$970$636$405$251$153$32
38 years$934$605$379$232$139$27
39 years$900$575$355$214$126$24
40 years$868$547$333$197$114$20
41 years$838$521$312$182$104$18
42 years$808$496$293$168$94$15
43 years$781$472$275$155$85$13
44 years$754$450$258$143$78$11
45 years$729$429$242$132$70$10
46 years$705$410$227$122$64$8
47 years$683$391$214$113$58$7
48 years$661$373$201$104$53$6
49 years$640$356$189$96$48$5
50 years$620$340$177$89$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $635,000, adding $6,512 every year, while hoping to spend $24,710 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: 36/50/14 Blend
49$635,000$635,000$635,000$635,000
50$706,487$672,832$662,990$728,663
51$752,258$679,510$658,909$751,909
52$801,868$685,686$653,863$774,154
53$855,685$691,311$647,793$797,633
54$914,110$696,331$640,639$822,467
55$977,586$700,687$632,337$848,793
56$1,046,598$704,319$622,819$876,761
57$1,121,683$707,162$612,015$906,540
58$1,203,428$709,147$599,852$938,318
59$1,292,483$710,201$586,252$972,300
60$1,389,560$710,244$571,135$1,008,718
61$1,495,444$709,195$554,417$1,047,827
62$1,610,999$706,965$536,009$1,089,911
63$1,737,175$703,461$515,820$1,135,286
64$1,875,020$698,584$493,753$1,184,300
65$2,025,686$692,228$469,707$1,237,341
66$2,190,441$684,282$443,578$1,294,838
67$2,370,682$674,628$415,254$1,357,269
68$2,567,948$663,141$384,621$1,425,161
69$2,783,932$649,688$351,559$1,499,098
70$3,020,499$634,128$315,942$1,579,730
71$3,279,702$616,313$277,638$1,667,773
72$3,563,805$596,086$236,512$1,764,024
73$3,875,297$573,278$192,419$1,869,362
74$4,216,923$547,714$145,211$1,984,761
75$4,591,705$519,208$94,732$2,111,300
76$5,002,971$487,562$40,817$2,250,173
77$5,454,388$452,566$0$2,402,701
78$5,949,995$414,001$0$2,572,841
79$6,494,241$371,633$0$2,766,381
80$7,092,025$325,216$0$2,979,033
81$7,748,748$274,488$0$3,212,800
82$8,470,357$219,174$0$3,469,900
83$9,263,404$158,984$0$3,752,777
84$10,135,108$93,611$0$4,064,135
85$11,093,421$22,729$0$4,406,958
86$12,147,104$0$0$4,784,542
87$13,305,811$0$0$5,230,239
88$14,580,176$0$0$5,734,279
89$15,981,918$0$0$6,288,804
90$17,523,946$0$0$6,898,934
91$19,220,485$0$0$7,570,311
92$21,087,208$0$0$8,309,149
93$23,141,382$0$0$9,122,299
94$25,402,036$0$0$10,017,308
95$27,890,133$0$0$11,002,490
96$30,628,775$0$0$12,087,009
97$33,643,415$0$0$13,280,959
98$36,962,099$0$0$14,595,467
99$40,615,731$0$0$16,042,789
100$44,638,363$0$0$17,636,434