Can I retire at age 50 with 652,000?

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 $652,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$53,842$53,362$52,894$52,437$51,991$50,838
2 years$26,654$26,158$25,677$25,210$24,758$23,602
3 years$17,593$17,094$16,615$16,152$15,707$14,585
4 years$13,063$12,566$12,091$11,637$11,203$10,122
5 years$10,346$9,852$9,383$8,938$8,516$7,481
6 years$8,535$8,045$7,583$7,148$6,738$5,749
7 years$7,242$6,756$6,302$5,877$5,480$4,537
8 years$6,273$5,791$5,344$4,930$4,546$3,650
9 years$5,520$5,042$4,603$4,199$3,829$2,977
10 years$4,917$4,445$4,013$3,620$3,262$2,455
11 years$4,425$3,957$3,533$3,150$2,806$2,042
12 years$4,014$3,551$3,135$2,763$2,431$1,710
13 years$3,668$3,209$2,801$2,439$2,120$1,440
14 years$3,371$2,917$2,517$2,165$1,858$1,218
15 years$3,113$2,665$2,272$1,931$1,636$1,034
16 years$2,889$2,445$2,060$1,729$1,446$880
17 years$2,690$2,252$1,875$1,554$1,282$752
18 years$2,515$2,081$1,711$1,400$1,140$643
19 years$2,357$1,928$1,567$1,265$1,016$551
20 years$2,216$1,792$1,438$1,146$908$473
21 years$2,088$1,669$1,323$1,040$812$407
22 years$1,972$1,558$1,219$946$728$350
23 years$1,867$1,457$1,126$861$654$302
24 years$1,770$1,365$1,041$785$587$260
25 years$1,681$1,281$964$717$529$224
26 years$1,599$1,204$894$656$476$194
27 years$1,523$1,133$830$600$429$167
28 years$1,453$1,068$772$550$387$145
29 years$1,388$1,007$718$504$350$125
30 years$1,327$951$669$463$316$108
31 years$1,270$899$624$425$286$93
32 years$1,217$851$582$391$258$81
33 years$1,168$806$543$359$234$70
34 years$1,121$764$508$331$212$61
35 years$1,077$725$475$304$192$52
36 years$1,036$688$444$280$174$45
37 years$996$653$416$258$158$39
38 years$959$621$389$238$143$34
39 years$925$590$365$219$130$29
40 years$891$562$342$202$117$26
41 years$860$535$320$187$107$22
42 years$830$509$301$172$97$19
43 years$802$485$282$159$88$17
44 years$775$462$265$147$80$14
45 years$749$441$249$136$72$12
46 years$724$421$234$125$66$11
47 years$701$401$219$116$60$9
48 years$679$383$206$107$54$8
49 years$657$366$194$99$49$7
50 years$637$350$182$91$45$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $652,000, adding $3,719 every year, while hoping to spend $24,870 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: 36/39/25 Blend
49$652,000$652,000$652,000$652,000
50$722,340$687,784$677,678$742,795
51$769,557$695,024$673,919$765,463
52$820,757$701,785$669,200$787,375
53$876,320$708,018$663,464$810,541
54$936,663$713,669$656,648$835,088
55$1,002,246$718,682$648,689$861,159
56$1,073,574$722,998$639,520$888,914
57$1,151,206$726,551$629,070$918,528
58$1,235,751$729,275$617,267$950,198
59$1,327,885$731,096$604,032$984,141
60$1,428,347$731,938$589,286$1,020,600
61$1,537,955$731,720$572,943$1,059,843
62$1,657,607$730,354$554,917$1,102,167
63$1,788,290$727,749$535,114$1,147,905
64$1,931,094$723,807$513,439$1,197,423
65$2,087,217$718,424$489,790$1,251,127
66$2,257,977$711,491$464,062$1,309,470
67$2,444,827$702,891$436,145$1,372,951
68$2,649,367$692,500$405,923$1,442,125
69$2,873,358$680,188$373,277$1,517,605
70$3,118,740$665,816$338,081$1,600,073
71$3,387,647$649,238$300,203$1,690,281
72$3,682,434$630,296$259,506$1,789,064
73$4,005,689$608,828$215,847$1,897,346
74$4,360,268$584,659$169,076$2,016,148
75$4,749,313$557,605$119,038$2,146,602
76$5,176,285$527,471$65,568$2,289,960
77$5,644,999$494,049$8,497$2,447,605
78$6,159,655$457,124$0$2,621,071
79$6,724,880$416,463$0$2,826,029
80$7,345,772$371,823$0$3,053,701
81$8,027,945$322,948$0$3,303,940
82$8,777,587$269,563$0$3,579,087
83$9,601,512$211,383$0$3,881,729
84$10,507,229$148,104$0$4,214,720
85$11,503,009$79,404$0$4,581,210
86$12,597,966$4,945$0$4,984,675
87$13,802,141$0$0$5,428,952
88$15,126,596$0$0$5,950,732
89$16,583,519$0$0$6,527,138
90$18,186,340$0$0$7,161,375
91$19,949,855$0$0$7,859,311
92$21,890,366$0$0$8,627,412
93$24,025,836$0$0$9,472,802
94$26,376,058$0$0$10,403,332
95$28,962,840$0$0$11,427,652
96$31,810,211$0$0$12,555,293
97$34,944,648$0$0$13,796,756
98$38,395,326$0$0$15,163,615
99$42,194,392$0$0$16,668,621
100$46,377,270$0$0$18,325,824