Can I retire at age 50 with 639,000?

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 $639,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$52,768$52,298$51,839$51,392$50,955$49,622
2 years$26,123$25,636$25,165$24,708$24,264$22,931
3 years$17,242$16,754$16,283$15,830$15,394$14,102
4 years$12,803$12,316$11,850$11,405$10,979$9,738
5 years$10,140$9,656$9,196$8,760$8,346$7,159
6 years$8,365$7,885$7,432$7,005$6,604$5,472
7 years$7,098$6,621$6,176$5,760$5,371$4,294
8 years$6,148$5,676$5,238$4,832$4,456$3,434
9 years$5,410$4,942$4,511$4,115$3,752$2,785
10 years$4,819$4,356$3,933$3,548$3,197$2,282
11 years$4,336$3,878$3,463$3,087$2,750$1,886
12 years$3,934$3,481$3,073$2,708$2,383$1,569
13 years$3,594$3,145$2,745$2,391$2,078$1,312
14 years$3,303$2,859$2,467$2,122$1,821$1,102
15 years$3,051$2,612$2,227$1,893$1,604$929
16 years$2,831$2,396$2,019$1,695$1,417$786
17 years$2,637$2,207$1,837$1,523$1,257$666
18 years$2,464$2,039$1,677$1,372$1,117$566
19 years$2,310$1,890$1,536$1,240$996$481
20 years$2,172$1,756$1,409$1,123$890$410
21 years$2,047$1,636$1,296$1,019$796$350
22 years$1,933$1,527$1,195$927$714$299
23 years$1,829$1,428$1,103$844$641$255
24 years$1,735$1,338$1,020$770$576$218
25 years$1,647$1,256$945$703$518$187
26 years$1,567$1,180$876$643$467$160
27 years$1,493$1,111$814$588$421$137
28 years$1,424$1,047$756$539$380$118
29 years$1,360$987$704$494$343$101
30 years$1,301$932$656$454$310$86
31 years$1,245$882$611$417$280$74
32 years$1,193$834$570$383$253$64
33 years$1,144$790$533$352$229$55
34 years$1,099$749$498$324$208$47
35 years$1,055$710$465$298$188$40
36 years$1,015$674$435$275$170$35
37 years$977$640$407$253$154$30
38 years$940$608$381$233$140$25
39 years$906$578$357$215$127$22
40 years$874$550$335$198$115$19
41 years$843$524$314$183$104$16
42 years$814$499$295$169$95$14
43 years$786$475$276$156$86$12
44 years$759$453$260$144$78$10
45 years$734$432$244$133$71$9
46 years$710$412$229$123$64$8
47 years$687$393$215$113$58$6
48 years$665$376$202$105$53$6
49 years$644$359$190$97$48$5
50 years$624$343$179$90$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $639,000, adding $2,086 every year, while hoping to spend $44,153 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: 54/38/8 Blend
49$639,000$639,000$639,000$639,000
50$706,330$672,463$662,558$742,996
51$731,397$658,435$637,775$754,024
52$757,541$642,240$610,683$761,000
53$784,826$623,725$581,156$767,531
54$813,319$602,728$549,065$773,584
55$843,094$579,079$514,276$779,123
56$874,231$552,595$476,645$784,112
57$906,816$523,085$436,026$788,513
58$940,942$490,347$392,264$792,288
59$976,710$454,167$345,197$795,400
60$1,014,230$414,317$294,657$797,809
61$1,053,621$370,557$240,467$799,475
62$1,095,012$322,636$182,444$800,360
63$1,138,543$270,285$120,396$800,426
64$1,184,367$213,222$54,123$799,633
65$1,232,651$151,149$0$797,945
66$1,283,575$83,749$0$796,743
67$1,337,337$10,690$0$799,598
68$1,394,153$0$0$801,874
69$1,454,256$0$0$832,154
70$1,517,903$0$0$868,983
71$1,585,375$0$0$908,054
72$1,656,978$0$0$949,549
73$1,733,046$0$0$993,666
74$1,813,945$0$0$1,040,622
75$1,900,075$0$0$1,090,653
76$1,991,876$0$0$1,144,021
77$2,089,827$0$0$1,201,009
78$2,194,455$0$0$1,261,928
79$2,306,336$0$0$1,327,122
80$2,426,102$0$0$1,396,965
81$2,554,447$0$0$1,471,867
82$2,692,131$0$0$1,552,281
83$2,839,988$0$0$1,638,701
84$2,998,935$0$0$1,731,670
85$3,169,976$0$0$1,831,785
86$3,354,215$0$0$1,939,702
87$3,552,865$0$0$2,056,141
88$3,767,257$0$0$2,181,892
89$3,998,856$0$0$2,317,824
90$4,249,269$0$0$2,464,892
91$4,520,264$0$0$2,624,147
92$4,813,784$0$0$2,796,743
93$5,131,965$0$0$2,983,949
94$5,477,156$0$0$3,187,161
95$5,851,942$0$0$3,407,915
96$6,259,163$0$0$3,647,899
97$6,701,946$0$0$3,908,971
98$7,183,730$0$0$4,193,175
99$7,708,299$0$0$4,502,761
100$8,279,816$0$0$4,840,205