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%11%
1 years$52,603$52,134$51,677$51,231$50,795$50,581
2 years$26,041$25,556$25,086$24,630$24,188$23,972
3 years$17,188$16,701$16,232$15,781$15,346$15,135
4 years$12,763$12,277$11,813$11,369$10,945$10,740
5 years$10,108$9,625$9,167$8,733$8,320$8,122
6 years$8,339$7,860$7,409$6,984$6,583$6,392
7 years$7,076$6,601$6,157$5,742$5,354$5,170
8 years$6,129$5,658$5,221$4,816$4,442$4,265
9 years$5,393$4,926$4,497$4,103$3,741$3,571
10 years$4,804$4,342$3,921$3,536$3,187$3,025
11 years$4,323$3,866$3,452$3,078$2,741$2,586
12 years$3,922$3,470$3,063$2,700$2,375$2,227
13 years$3,583$3,136$2,737$2,383$2,071$1,930
14 years$3,293$2,850$2,459$2,116$1,816$1,681
15 years$3,042$2,604$2,220$1,887$1,599$1,470
16 years$2,822$2,389$2,013$1,689$1,413$1,291
17 years$2,629$2,200$1,832$1,518$1,253$1,137
18 years$2,457$2,033$1,672$1,368$1,114$1,004
19 years$2,303$1,884$1,531$1,236$993$888
20 years$2,165$1,751$1,405$1,120$887$788
21 years$2,040$1,631$1,292$1,016$794$700
22 years$1,927$1,522$1,191$924$711$623
23 years$1,824$1,424$1,100$841$639$555
24 years$1,729$1,334$1,017$767$574$495
25 years$1,642$1,252$942$701$516$442
26 years$1,562$1,177$874$641$465$395
27 years$1,488$1,107$811$586$419$354
28 years$1,420$1,043$754$537$378$316
29 years$1,356$984$702$493$342$284
30 years$1,297$930$654$452$309$254
31 years$1,241$879$609$415$279$228
32 years$1,189$831$569$382$253$205
33 years$1,141$787$531$351$229$184
34 years$1,095$746$496$323$207$165
35 years$1,052$708$464$297$187$148
36 years$1,012$672$434$274$170$133
37 years$974$638$406$252$154$120
38 years$937$606$380$233$140$108
39 years$903$577$356$214$127$97
40 years$871$549$334$198$115$87
41 years$840$522$313$182$104$78
42 years$811$497$294$168$94$70
43 years$783$474$276$155$86$63
44 years$757$452$259$144$78$57
45 years$732$431$243$133$71$51
46 years$708$411$228$122$64$46
47 years$685$392$214$113$58$42
48 years$663$374$201$105$53$37
49 years$642$357$189$97$48$34
50 years$622$341$178$89$44$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $637,000, adding $4,358 every year, while hoping to spend $50,650 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: 52/36/12 Blend
49$637,000$637,000$637,000$637,000
50$706,469$672,708$662,835$740,746
51$724,638$651,780$631,149$743,685
52$742,962$628,128$596,703$741,109
53$761,405$601,567$559,353$737,145
54$779,922$571,897$518,945$731,676
55$798,465$538,911$475,321$724,573
56$816,977$502,387$428,313$715,702
57$835,396$462,091$377,748$704,916
58$853,648$417,775$323,445$692,058
59$871,653$369,179$265,213$676,960
60$889,319$316,026$202,855$659,439
61$906,542$258,024$136,164$639,302
62$923,208$194,866$64,923$616,338
63$939,185$126,224$0$590,323
64$954,330$51,757$0$562,437
65$968,478$0$0$539,960
66$981,449$0$0$525,771
67$993,040$0$0$531,259
68$1,003,025$0$0$535,790
69$1,011,153$0$0$539,219
70$1,017,143$0$0$541,385
71$1,020,683$0$0$542,107
72$1,021,428$0$0$541,187
73$1,018,993$0$0$538,401
74$1,012,951$0$0$533,505
75$1,002,829$0$0$526,225
76$988,101$0$0$516,260
77$968,184$0$0$503,273
78$942,434$0$0$486,893
79$910,135$0$0$466,710
80$870,496$0$0$442,269
81$822,641$0$0$413,064
82$765,601$0$0$378,540
83$698,303$0$0$338,080
84$619,560$0$0$291,002
85$528,062$0$0$236,553
86$422,358$0$0$173,900
87$300,846$0$0$102,122
88$161,755$0$0$20,204
89$3,129$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
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