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%20%
1 years$53,842$53,362$52,894$52,437$51,991$49,909
2 years$26,654$26,158$25,677$25,210$24,758$22,686
3 years$17,593$17,094$16,615$16,152$15,707$13,711
4 years$13,063$12,566$12,091$11,637$11,203$9,297
5 years$10,346$9,852$9,383$8,938$8,516$6,707
6 years$8,535$8,045$7,583$7,148$6,738$5,026
7 years$7,242$6,756$6,302$5,877$5,480$3,864
8 years$6,273$5,791$5,344$4,930$4,546$3,025
9 years$5,520$5,042$4,603$4,199$3,829$2,400
10 years$4,917$4,445$4,013$3,620$3,262$1,923
11 years$4,425$3,957$3,533$3,150$2,806$1,552
12 years$4,014$3,551$3,135$2,763$2,431$1,261
13 years$3,668$3,209$2,801$2,439$2,120$1,029
14 years$3,371$2,917$2,517$2,165$1,858$843
15 years$3,113$2,665$2,272$1,931$1,636$693
16 years$2,889$2,445$2,060$1,729$1,446$571
17 years$2,690$2,252$1,875$1,554$1,282$471
18 years$2,515$2,081$1,711$1,400$1,140$390
19 years$2,357$1,928$1,567$1,265$1,016$323
20 years$2,216$1,792$1,438$1,146$908$267
21 years$2,088$1,669$1,323$1,040$812$222
22 years$1,972$1,558$1,219$946$728$184
23 years$1,867$1,457$1,126$861$654$153
24 years$1,770$1,365$1,041$785$587$127
25 years$1,681$1,281$964$717$529$106
26 years$1,599$1,204$894$656$476$88
27 years$1,523$1,133$830$600$429$73
28 years$1,453$1,068$772$550$387$61
29 years$1,388$1,007$718$504$350$51
30 years$1,327$951$669$463$316$42
31 years$1,270$899$624$425$286$35
32 years$1,217$851$582$391$258$29
33 years$1,168$806$543$359$234$24
34 years$1,121$764$508$331$212$20
35 years$1,077$725$475$304$192$17
36 years$1,036$688$444$280$174$14
37 years$996$653$416$258$158$12
38 years$959$621$389$238$143$10
39 years$925$590$365$219$130$8
40 years$891$562$342$202$117$7
41 years$860$535$320$187$107$6
42 years$830$509$301$172$97$5
43 years$802$485$282$159$88$4
44 years$775$462$265$147$80$3
45 years$749$441$249$136$72$3
46 years$724$421$234$125$66$2
47 years$701$401$219$116$60$2
48 years$679$383$206$107$54$2
49 years$657$366$194$99$49$1
50 years$637$350$182$91$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $652,000, adding $5,911 every year, while hoping to spend $23,180 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: 74/17/9 Blend
49$652,000$652,000$652,000$652,000
50$724,601$690,045$679,939$776,669
51$773,847$699,194$678,054$820,955
52$827,339$708,014$675,328$865,963
53$885,486$716,465$671,710$914,621
54$948,738$724,504$667,144$967,282
55$1,017,588$732,084$661,573$1,024,336
56$1,092,582$739,156$654,935$1,086,212
57$1,174,318$745,667$647,168$1,153,383
58$1,263,455$751,561$638,205$1,226,371
59$1,360,718$756,779$627,976$1,305,751
60$1,466,907$761,257$616,409$1,392,155
61$1,582,900$764,927$603,427$1,486,281
62$1,709,666$767,718$588,951$1,588,898
63$1,848,268$769,552$572,898$1,700,855
64$1,999,881$770,350$555,179$1,823,084
65$2,165,795$770,023$535,704$1,956,615
66$2,347,433$768,482$514,378$2,102,583
67$2,546,362$765,628$491,099$2,262,239
68$2,764,305$761,358$465,765$2,436,960
69$3,003,162$755,562$438,267$2,628,266
70$3,265,025$748,125$408,489$2,837,831
71$3,552,197$738,923$376,313$3,067,502
72$3,867,216$727,825$341,614$3,319,313
73$4,212,878$714,694$304,264$3,595,506
74$4,592,259$699,382$264,124$3,898,554
75$5,008,752$681,734$221,055$4,231,180
76$5,466,092$661,586$174,908$4,596,388
77$5,968,393$638,764$125,527$4,997,488
78$6,520,190$613,083$72,752$5,438,130
79$7,126,474$584,350$16,415$5,922,334
80$7,792,749$552,357$0$6,454,535
81$8,525,073$516,887$0$7,043,816
82$9,330,125$477,708$0$7,693,321
83$10,215,260$434,578$0$8,407,427
84$11,188,583$387,239$0$9,192,697
85$12,259,023$335,418$0$10,056,365
86$13,436,418$278,828$0$11,006,401
87$14,731,606$217,165$0$12,051,591
88$16,156,532$150,107$0$13,201,616
89$17,724,352$77,316$0$14,467,146
90$19,449,565$0$0$15,859,940
91$21,348,145$0$0$17,393,251
92$23,437,695$0$0$19,096,741
93$25,737,608$0$0$20,971,763
94$28,269,254$0$0$23,035,742
95$31,056,180$0$0$25,307,881
96$34,124,332$0$0$27,809,336
97$37,502,298$0$0$30,563,421
98$41,221,581$0$0$33,595,825
99$45,316,894$0$0$36,934,855
100$49,826,486$0$0$40,611,702