Can I retire at age 50 with 650,000?

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 $650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$53,676$53,198$52,732$52,276$51,832$50,765
2 years$26,572$26,078$25,598$25,133$24,682$23,611
3 years$17,539$17,042$16,564$16,103$15,659$14,619
4 years$13,023$12,528$12,054$11,601$11,168$10,166
5 years$10,314$9,822$9,354$8,911$8,490$7,529
6 years$8,509$8,020$7,560$7,126$6,718$5,799
7 years$7,220$6,735$6,282$5,859$5,463$4,587
8 years$6,254$5,773$5,328$4,915$4,532$3,698
9 years$5,503$5,027$4,589$4,186$3,817$3,024
10 years$4,902$4,431$4,001$3,609$3,252$2,500
11 years$4,411$3,945$3,522$3,141$2,797$2,085
12 years$4,002$3,540$3,126$2,755$2,424$1,750
13 years$3,656$3,200$2,793$2,432$2,114$1,478
14 years$3,360$2,908$2,509$2,159$1,853$1,253
15 years$3,104$2,657$2,266$1,925$1,631$1,067
16 years$2,880$2,438$2,054$1,724$1,442$911
17 years$2,682$2,245$1,869$1,549$1,278$780
18 years$2,507$2,074$1,706$1,396$1,137$669
19 years$2,350$1,923$1,562$1,261$1,013$575
20 years$2,209$1,786$1,433$1,142$905$496
21 years$2,082$1,664$1,319$1,037$810$427
22 years$1,966$1,553$1,215$943$726$369
23 years$1,861$1,453$1,122$858$652$319
24 years$1,764$1,361$1,038$783$586$276
25 years$1,676$1,277$961$715$527$239
26 years$1,594$1,201$891$654$475$207
27 years$1,519$1,130$828$598$428$179
28 years$1,449$1,065$769$548$386$155
29 years$1,384$1,004$716$503$349$135
30 years$1,323$949$667$461$315$117
31 years$1,267$897$622$424$285$101
32 years$1,214$848$580$390$258$88
33 years$1,164$803$542$358$233$76
34 years$1,117$762$506$330$211$66
35 years$1,074$722$473$303$191$58
36 years$1,032$686$443$279$173$50
37 years$993$651$414$257$157$43
38 years$957$619$388$237$142$38
39 years$922$588$364$219$129$33
40 years$889$560$341$202$117$29
41 years$857$533$319$186$106$25
42 years$828$508$300$172$96$22
43 years$799$484$281$159$87$19
44 years$772$461$264$146$79$16
45 years$747$440$248$135$72$14
46 years$722$419$233$125$65$12
47 years$699$400$219$115$59$11
48 years$676$382$206$107$54$9
49 years$655$365$193$99$49$8
50 years$635$348$182$91$45$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $650,000, adding $4,338 every year, while hoping to spend $45,001 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: 73/16/11 Blend
49$650,000$650,000$650,000$650,000
50$720,775$686,325$676,250$771,522
51$746,413$672,074$651,023$791,389
52$773,158$655,616$623,444$807,136
53$801,076$636,797$593,384$823,153
54$830,236$615,451$560,713$839,452
55$860,715$591,403$525,292$856,051
56$892,596$564,469$486,977$872,968
57$925,967$534,455$445,618$890,225
58$960,926$501,153$401,056$907,849
59$997,576$464,345$353,127$925,867
60$1,036,031$423,801$301,660$944,313
61$1,076,416$379,277$246,474$963,226
62$1,118,862$330,514$187,383$982,647
63$1,163,517$277,240$124,192$1,002,627
64$1,210,539$219,167$56,695$1,023,222
65$1,260,099$155,992$0$1,044,495
66$1,312,387$87,392$0$1,068,318
67$1,367,605$13,030$0$1,100,192
68$1,425,979$0$0$1,133,575
69$1,487,752$0$0$1,180,475
70$1,553,190$0$0$1,232,602
71$1,622,583$0$0$1,287,894
72$1,696,251$0$0$1,346,608
73$1,774,539$0$0$1,409,022
74$1,857,829$0$0$1,475,442
75$1,946,536$0$0$1,546,202
76$2,041,117$0$0$1,621,668
77$2,142,070$0$0$1,702,240
78$2,249,942$0$0$1,788,358
79$2,365,333$0$0$1,880,504
80$2,488,899$0$0$1,979,205
81$2,621,361$0$0$2,085,041
82$2,763,511$0$0$2,198,646
83$2,916,214$0$0$2,320,719
84$3,080,425$0$0$2,452,024
85$3,257,188$0$0$2,593,402
86$3,447,651$0$0$2,745,776
87$3,653,076$0$0$2,910,159
88$3,874,848$0$0$3,087,664
89$4,114,489$0$0$3,279,517
90$4,373,672$0$0$3,487,061
91$4,654,236$0$0$3,711,775
92$4,958,203$0$0$3,955,285
93$5,287,796$0$0$4,219,377
94$5,645,458$0$0$4,506,017
95$6,033,879$0$0$4,817,367
96$6,456,015$0$0$5,155,804
97$6,915,119$0$0$5,523,944
98$7,414,770$0$0$5,924,665
99$7,958,907$0$0$6,361,135
100$8,551,862$0$0$6,836,836