Can I retire at age 50 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$54,750$54,262$53,786$53,322$52,869$51,674
2 years$27,104$26,599$26,110$25,636$25,176$23,979
3 years$17,890$17,383$16,895$16,425$15,972$14,811
4 years$13,284$12,778$12,295$11,833$11,392$10,274
5 years$10,521$10,018$9,542$9,089$8,660$7,589
6 years$8,679$8,181$7,711$7,269$6,852$5,829
7 years$7,365$6,870$6,408$5,976$5,573$4,598
8 years$6,379$5,889$5,434$5,013$4,623$3,696
9 years$5,613$5,127$4,681$4,270$3,893$3,013
10 years$5,000$4,520$4,081$3,681$3,317$2,484
11 years$4,499$4,023$3,593$3,203$2,853$2,064
12 years$4,082$3,611$3,188$2,810$2,472$1,728
13 years$3,729$3,264$2,849$2,481$2,156$1,454
14 years$3,427$2,966$2,559$2,202$1,890$1,229
15 years$3,166$2,710$2,311$1,964$1,664$1,042
16 years$2,937$2,486$2,095$1,758$1,471$887
17 years$2,736$2,290$1,906$1,580$1,304$757
18 years$2,557$2,116$1,740$1,424$1,159$647
19 years$2,397$1,961$1,593$1,287$1,033$554
20 years$2,253$1,822$1,462$1,165$923$475
21 years$2,123$1,697$1,345$1,057$826$408
22 years$2,006$1,584$1,240$962$740$351
23 years$1,898$1,482$1,144$876$665$302
24 years$1,800$1,388$1,058$799$597$260
25 years$1,709$1,303$980$729$538$224
26 years$1,626$1,225$909$667$484$194
27 years$1,549$1,152$844$610$437$167
28 years$1,478$1,086$785$559$394$144
29 years$1,411$1,024$730$513$356$125
30 years$1,350$968$680$471$321$108
31 years$1,292$915$634$432$291$93
32 years$1,238$865$592$397$263$80
33 years$1,187$820$553$365$238$70
34 years$1,140$777$516$336$215$60
35 years$1,095$737$483$309$195$52
36 years$1,053$699$452$285$177$45
37 years$1,013$664$423$263$160$39
38 years$976$631$396$242$145$34
39 years$940$600$371$223$132$29
40 years$906$571$348$206$119$25
41 years$874$544$326$190$108$22
42 years$844$518$306$175$98$19
43 years$815$493$287$162$89$16
44 years$788$470$269$149$81$14
45 years$762$448$253$138$74$12
46 years$737$428$237$127$67$11
47 years$713$408$223$118$61$9
48 years$690$390$210$109$55$8
49 years$668$372$197$101$50$7
50 years$647$355$185$93$45$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $663,000, adding $3,862 every year, while hoping to spend $29,307 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: 66/7/27 Blend
49$663,000$663,000$663,000$663,000
50$734,610$699,471$689,194$777,657
51$778,357$702,562$681,100$810,250
52$825,585$704,823$671,752$842,235
53$876,617$706,182$661,078$876,554
54$931,809$706,562$649,001$913,437
55$991,553$705,882$635,441$953,143
56$1,056,278$704,057$620,316$995,953
57$1,126,458$700,996$603,536$1,042,181
58$1,202,614$696,602$585,012$1,092,173
59$1,285,317$690,772$564,646$1,146,311
60$1,375,197$683,397$542,339$1,205,017
61$1,472,946$674,363$517,987$1,268,756
62$1,579,327$663,547$491,479$1,338,045
63$1,695,176$650,818$462,702$1,413,450
64$1,821,417$636,042$431,535$1,495,599
65$1,959,064$619,071$397,855$1,585,186
66$2,109,236$599,752$361,530$1,682,974
67$2,273,160$577,922$322,423$1,789,809
68$2,452,192$553,410$280,394$1,906,623
69$2,647,821$526,032$235,292$2,034,445
70$2,861,687$495,596$186,963$2,174,410
71$3,095,597$461,898$135,244$2,327,772
72$3,351,539$424,722$79,966$2,495,915
73$3,631,703$383,841$20,952$2,680,365
74$3,938,501$339,013$0$2,882,808
75$4,274,588$289,984$0$3,117,208
76$4,642,888$236,486$0$3,380,739
77$5,046,621$178,232$0$3,669,681
78$5,489,336$114,925$0$3,986,589
79$5,974,938$46,246$0$4,334,281
80$6,507,731$0$0$4,715,864
81$7,092,454$0$0$5,136,924
82$7,734,328$0$0$5,603,093
83$8,439,104$0$0$6,114,990
84$9,213,118$0$0$6,677,223
85$10,063,348$0$0$7,294,867
86$10,997,481$0$0$7,973,512
87$12,023,988$0$0$8,719,318
88$13,152,199$0$0$9,539,070
89$14,392,393$0$0$10,440,244
90$15,755,894$0$0$11,431,076
91$17,255,180$0$0$12,520,639
92$18,903,998$0$0$13,718,930
93$20,717,491$0$0$15,036,965
94$22,712,347$0$0$16,486,879
95$24,906,952$0$0$18,082,042
96$27,321,561$0$0$19,837,187
97$29,978,494$0$0$21,768,547
98$32,902,344$0$0$23,894,006
99$36,120,207$0$0$26,233,271
100$39,661,940$0$0$28,808,057