Can I retire at age 50 with 637,000?

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 $637,000?

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$52,603$52,134$51,677$51,231$50,795$49,527
2 years$26,041$25,556$25,086$24,630$24,188$22,919
3 years$17,188$16,701$16,232$15,781$15,346$14,115
4 years$12,763$12,277$11,813$11,369$10,945$9,761
5 years$10,108$9,625$9,167$8,733$8,320$7,187
6 years$8,339$7,860$7,409$6,984$6,583$5,503
7 years$7,076$6,601$6,157$5,742$5,354$4,326
8 years$6,129$5,658$5,221$4,816$4,442$3,465
9 years$5,393$4,926$4,497$4,103$3,741$2,815
10 years$4,804$4,342$3,921$3,536$3,187$2,312
11 years$4,323$3,866$3,452$3,078$2,741$1,914
12 years$3,922$3,470$3,063$2,700$2,375$1,595
13 years$3,583$3,136$2,737$2,383$2,071$1,337
14 years$3,293$2,850$2,459$2,116$1,816$1,126
15 years$3,042$2,604$2,220$1,887$1,599$951
16 years$2,822$2,389$2,013$1,689$1,413$806
17 years$2,629$2,200$1,832$1,518$1,253$684
18 years$2,457$2,033$1,672$1,368$1,114$583
19 years$2,303$1,884$1,531$1,236$993$497
20 years$2,165$1,751$1,405$1,120$887$424
21 years$2,040$1,631$1,292$1,016$794$363
22 years$1,927$1,522$1,191$924$711$310
23 years$1,824$1,424$1,100$841$639$266
24 years$1,729$1,334$1,017$767$574$228
25 years$1,642$1,252$942$701$516$196
26 years$1,562$1,177$874$641$465$168
27 years$1,488$1,107$811$586$419$144
28 years$1,420$1,043$754$537$378$124
29 years$1,356$984$702$493$342$106
30 years$1,297$930$654$452$309$92
31 years$1,241$879$609$415$279$79
32 years$1,189$831$569$382$253$68
33 years$1,141$787$531$351$229$58
34 years$1,095$746$496$323$207$50
35 years$1,052$708$464$297$187$43
36 years$1,012$672$434$274$170$37
37 years$974$638$406$252$154$32
38 years$937$606$380$233$140$28
39 years$903$577$356$214$127$24
40 years$871$549$334$198$115$20
41 years$840$522$313$182$104$18
42 years$811$497$294$168$94$15
43 years$783$474$276$155$86$13
44 years$757$452$259$144$78$11
45 years$732$431$243$133$71$10
46 years$708$411$228$122$64$8
47 years$685$392$214$113$58$7
48 years$663$374$201$105$53$6
49 years$642$357$189$97$48$5
50 years$622$341$178$89$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $637,000, adding $6,696 every year, while hoping to spend $39,545 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: 52/41/7 Blend
49$637,000$637,000$637,000$637,000
50$708,881$675,120$665,246$744,185
51$739,111$666,125$645,457$759,905
52$771,100$655,364$623,678$772,132
53$804,984$642,709$599,804$784,482
54$840,914$628,024$573,719$796,975
55$879,054$611,164$545,305$809,634
56$919,584$591,978$514,440$822,488
57$962,701$570,303$480,993$835,570
58$1,008,619$545,971$444,828$848,922
59$1,057,574$518,799$405,806$862,590
60$1,109,823$488,598$363,777$876,630
61$1,165,650$455,164$318,589$891,104
62$1,225,364$418,285$270,080$906,089
63$1,289,305$377,734$218,081$921,668
64$1,357,845$333,274$162,417$937,940
65$1,431,392$284,651$102,905$955,017
66$1,510,395$231,600$39,353$973,029
67$1,595,346$173,839$0$992,122
68$1,686,784$111,070$0$1,014,588
69$1,785,304$42,981$0$1,041,767
70$1,891,557$0$0$1,070,945
71$2,006,259$0$0$1,116,262
72$2,130,195$0$0$1,186,230
73$2,264,231$0$0$1,261,953
74$2,409,316$0$0$1,343,973
75$2,566,495$0$0$1,432,888
76$2,736,917$0$0$1,529,355
77$2,921,844$0$0$1,634,097
78$3,122,664$0$0$1,747,908
79$3,340,907$0$0$1,871,662
80$3,578,251$0$0$2,006,322
81$3,836,547$0$0$2,152,944
82$4,117,828$0$0$2,312,695
83$4,424,334$0$0$2,486,855
84$4,758,527$0$0$2,676,834
85$5,123,120$0$0$2,884,186
86$5,521,097$0$0$3,110,618
87$5,955,743$0$0$3,358,012
88$6,430,675$0$0$3,628,439
89$6,949,875$0$0$3,924,179
90$7,517,726$0$0$4,247,741
91$8,139,056$0$0$4,601,891
92$8,819,178$0$0$4,989,672
93$9,563,946$0$0$5,414,435
94$10,379,805$0$0$5,879,873
95$11,273,851$0$0$6,390,050
96$12,253,903$0$0$6,949,444
97$13,328,568$0$0$7,562,986
98$14,507,330$0$0$8,236,106
99$15,800,632$0$0$8,974,789
100$17,219,977$0$0$9,785,623