Can I retire at age 50 with 664,000?

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 $664,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$54,832$54,344$53,868$53,402$52,948$52,179
2 years$27,145$26,639$26,149$25,674$25,213$24,440
3 years$17,917$17,409$16,920$16,450$15,996$15,243
4 years$13,304$12,797$12,314$11,851$11,409$10,681
5 years$10,537$10,033$9,556$9,103$8,673$7,972
6 years$8,692$8,193$7,723$7,280$6,862$6,191
7 years$7,376$6,880$6,418$5,985$5,581$4,938
8 years$6,389$5,898$5,443$5,021$4,630$4,016
9 years$5,621$5,135$4,688$4,276$3,899$3,314
10 years$5,008$4,526$4,087$3,686$3,322$2,765
11 years$4,506$4,030$3,598$3,208$2,857$2,327
12 years$4,088$3,617$3,193$2,814$2,476$1,973
13 years$3,735$3,268$2,853$2,484$2,159$1,682
14 years$3,433$2,971$2,563$2,205$1,893$1,441
15 years$3,171$2,714$2,314$1,967$1,666$1,240
16 years$2,942$2,490$2,098$1,761$1,473$1,070
17 years$2,740$2,293$1,909$1,582$1,306$926
18 years$2,561$2,119$1,743$1,426$1,161$803
19 years$2,401$1,964$1,596$1,288$1,035$698
20 years$2,257$1,825$1,464$1,167$924$608
21 years$2,127$1,700$1,347$1,059$827$530
22 years$2,009$1,587$1,241$963$742$463
23 years$1,901$1,484$1,146$877$666$405
24 years$1,802$1,390$1,060$800$598$354
25 years$1,712$1,305$982$730$538$310
26 years$1,628$1,226$911$668$485$272
27 years$1,551$1,154$846$611$437$238
28 years$1,480$1,088$786$560$395$209
29 years$1,413$1,026$732$514$356$184
30 years$1,352$969$681$471$322$161
31 years$1,294$916$635$433$291$142
32 years$1,240$867$593$398$263$125
33 years$1,189$821$553$366$238$110
34 years$1,142$778$517$337$216$96
35 years$1,097$738$483$310$195$85
36 years$1,055$700$452$285$177$75
37 years$1,015$665$423$263$160$66
38 years$977$632$396$242$145$58
39 years$942$601$371$223$132$51
40 years$908$572$348$206$120$45
41 years$876$544$326$190$109$39
42 years$845$518$306$176$98$35
43 years$816$494$287$162$89$31
44 years$789$471$270$150$81$27
45 years$763$449$253$138$74$24
46 years$738$428$238$128$67$21
47 years$714$409$223$118$61$18
48 years$691$390$210$109$55$16
49 years$669$373$197$101$50$14
50 years$648$356$186$93$45$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $664,000, adding $2,005 every year, while hoping to spend $45,544 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: 45/30/25 Blend
49$664,000$664,000$664,000$664,000
50$733,796$698,604$688,312$761,440
51$760,185$684,377$662,912$766,972
52$787,739$667,927$635,135$768,387
53$816,529$649,096$604,852$769,022
54$846,631$627,718$571,931$768,828
55$878,129$603,617$536,232$767,755
56$911,111$576,608$497,609$765,751
57$945,675$546,492$455,910$762,763
58$981,926$513,062$410,975$758,736
59$1,019,978$476,098$362,638$753,615
60$1,059,954$435,366$310,725$747,343
61$1,101,991$390,620$255,056$739,863
62$1,146,234$341,600$195,440$731,117
63$1,192,842$288,031$131,680$721,046
64$1,241,990$229,623$63,569$709,592
65$1,293,867$166,068$0$696,697
66$1,348,679$97,042$0$684,734
67$1,406,650$22,204$0$689,470
68$1,468,028$0$0$693,938
69$1,533,080$0$0$717,564
70$1,602,100$0$0$750,446
71$1,675,408$0$0$785,412
72$1,753,355$0$0$822,635
73$1,836,325$0$0$862,304
74$1,924,738$0$0$904,626
75$2,019,054$0$0$949,827
76$2,119,777$0$0$998,156
77$2,227,459$0$0$1,049,885
78$2,342,706$0$0$1,105,312
79$2,466,182$0$0$1,164,766
80$2,598,615$0$0$1,228,606
81$2,740,803$0$0$1,297,225
82$2,893,624$0$0$1,371,058
83$3,058,041$0$0$1,450,580
84$3,235,110$0$0$1,536,313
85$3,425,993$0$0$1,628,830
86$3,631,963$0$0$1,728,762
87$3,854,423$0$0$1,836,802
88$4,094,913$0$0$1,953,710
89$4,355,123$0$0$2,080,324
90$4,636,914$0$0$2,217,564
91$4,942,331$0$0$2,366,441
92$5,273,623$0$0$2,528,068
93$5,633,263$0$0$2,703,670
94$6,023,971$0$0$2,894,591
95$6,448,739$0$0$3,102,313
96$6,910,858$0$0$3,328,466
97$7,413,950$0$0$3,574,843
98$7,962,000$0$0$3,843,416
99$8,559,394$0$0$4,136,358
100$9,210,958$0$0$4,456,059