Can I retire at age 50 with 652,000?

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 $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%18.1%
1 years$53,842$53,362$52,894$52,437$51,991$50,287
2 years$26,654$26,158$25,677$25,210$24,758$23,057
3 years$17,593$17,094$16,615$16,152$15,707$14,063
4 years$13,063$12,566$12,091$11,637$11,203$9,628
5 years$10,346$9,852$9,383$8,938$8,516$7,015
6 years$8,535$8,045$7,583$7,148$6,738$5,312
7 years$7,242$6,756$6,302$5,877$5,480$4,129
8 years$6,273$5,791$5,344$4,930$4,546$3,269
9 years$5,520$5,042$4,603$4,199$3,829$2,623
10 years$4,917$4,445$4,013$3,620$3,262$2,127
11 years$4,425$3,957$3,533$3,150$2,806$1,739
12 years$4,014$3,551$3,135$2,763$2,431$1,431
13 years$3,668$3,209$2,801$2,439$2,120$1,183
14 years$3,371$2,917$2,517$2,165$1,858$982
15 years$3,113$2,665$2,272$1,931$1,636$818
16 years$2,889$2,445$2,060$1,729$1,446$683
17 years$2,690$2,252$1,875$1,554$1,282$572
18 years$2,515$2,081$1,711$1,400$1,140$480
19 years$2,357$1,928$1,567$1,265$1,016$403
20 years$2,216$1,792$1,438$1,146$908$339
21 years$2,088$1,669$1,323$1,040$812$285
22 years$1,972$1,558$1,219$946$728$240
23 years$1,867$1,457$1,126$861$654$203
24 years$1,770$1,365$1,041$785$587$171
25 years$1,681$1,281$964$717$529$144
26 years$1,599$1,204$894$656$476$122
27 years$1,523$1,133$830$600$429$103
28 years$1,453$1,068$772$550$387$87
29 years$1,388$1,007$718$504$350$74
30 years$1,327$951$669$463$316$62
31 years$1,270$899$624$425$286$53
32 years$1,217$851$582$391$258$45
33 years$1,168$806$543$359$234$38
34 years$1,121$764$508$331$212$32
35 years$1,077$725$475$304$192$27
36 years$1,036$688$444$280$174$23
37 years$996$653$416$258$158$19
38 years$959$621$389$238$143$16
39 years$925$590$365$219$130$14
40 years$891$562$342$202$117$12
41 years$860$535$320$187$107$10
42 years$830$509$301$172$97$8
43 years$802$485$282$159$88$7
44 years$775$462$265$147$80$6
45 years$749$441$249$136$72$5
46 years$724$421$234$125$66$4
47 years$701$401$219$116$60$4
48 years$679$383$206$107$54$3
49 years$657$366$194$99$49$3
50 years$637$350$182$91$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $652,000, adding $2,383 every year, while hoping to spend $34,463 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: 81/14/5 Blend
49$652,000$652,000$652,000$652,000
50$720,962$686,406$676,300$779,074
51$757,832$683,372$662,288$814,382
52$797,307$679,033$646,651$848,279
53$839,618$673,291$629,299$884,415
54$885,015$666,039$610,137$922,994
55$933,775$657,163$589,065$964,241
56$986,201$646,545$565,979$1,008,404
57$1,042,625$634,058$540,772$1,055,757
58$1,103,414$619,567$513,328$1,106,598
59$1,168,968$602,932$483,530$1,161,261
60$1,239,728$584,001$451,254$1,220,110
61$1,316,179$562,615$416,369$1,283,547
62$1,398,852$538,607$378,741$1,352,016
63$1,488,334$511,797$338,228$1,426,007
64$1,585,267$481,998$294,681$1,506,057
65$1,690,358$449,010$247,947$1,592,762
66$1,804,386$412,623$197,865$1,686,776
67$1,928,205$372,613$144,265$1,788,821
68$2,062,757$328,746$86,973$1,899,695
69$2,209,076$280,772$25,804$2,020,274
70$2,368,301$228,429$0$2,151,527
71$2,541,684$171,439$0$2,296,628
72$2,730,605$109,509$0$2,456,252
73$2,936,581$42,329$0$2,630,331
74$3,161,281$0$0$2,820,308
75$3,406,543$0$0$3,032,460
76$3,674,390$0$0$3,271,284
77$3,967,050$0$0$3,532,249
78$4,286,974$0$0$3,817,542
79$4,636,861$0$0$4,129,572
80$5,019,685$0$0$4,470,992
81$5,438,717$0$0$4,844,724
82$5,897,562$0$0$5,253,984
83$6,400,188$0$0$5,702,314
84$6,950,966$0$0$6,193,614
85$7,554,709$0$0$6,732,182
86$8,216,718$0$0$7,322,749
87$8,942,832$0$0$7,970,526
88$9,739,482$0$0$8,681,252
89$10,613,752$0$0$9,461,252
90$11,573,443$0$0$10,317,489
91$12,627,152$0$0$11,257,634
92$13,784,345$0$0$12,290,139
93$15,055,452$0$0$13,424,312
94$16,451,962$0$0$14,670,409
95$17,986,534$0$0$16,039,728
96$19,673,111$0$0$17,544,715
97$21,527,055$0$0$19,199,082
98$23,565,291$0$0$21,017,936
99$25,806,466$0$0$23,017,920
100$28,271,121$0$0$25,217,371