Can I retire at age 50 with 664,000?

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 $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%14.7%
1 years$54,832$54,344$53,868$53,402$52,948$51,922
2 years$27,145$26,639$26,149$25,674$25,213$24,183
3 years$17,917$17,409$16,920$16,450$15,996$14,995
4 years$13,304$12,797$12,314$11,851$11,409$10,444
5 years$10,537$10,033$9,556$9,103$8,673$7,747
6 years$8,692$8,193$7,723$7,280$6,862$5,976
7 years$7,376$6,880$6,418$5,985$5,581$4,735
8 years$6,389$5,898$5,443$5,021$4,630$3,824
9 years$5,621$5,135$4,688$4,276$3,899$3,133
10 years$5,008$4,526$4,087$3,686$3,322$2,595
11 years$4,506$4,030$3,598$3,208$2,857$2,168
12 years$4,088$3,617$3,193$2,814$2,476$1,824
13 years$3,735$3,268$2,853$2,484$2,159$1,543
14 years$3,433$2,971$2,563$2,205$1,893$1,311
15 years$3,171$2,714$2,314$1,967$1,666$1,118
16 years$2,942$2,490$2,098$1,761$1,473$957
17 years$2,740$2,293$1,909$1,582$1,306$821
18 years$2,561$2,119$1,743$1,426$1,161$706
19 years$2,401$1,964$1,596$1,288$1,035$609
20 years$2,257$1,825$1,464$1,167$924$525
21 years$2,127$1,700$1,347$1,059$827$454
22 years$2,009$1,587$1,241$963$742$393
23 years$1,901$1,484$1,146$877$666$340
24 years$1,802$1,390$1,060$800$598$295
25 years$1,712$1,305$982$730$538$256
26 years$1,628$1,226$911$668$485$222
27 years$1,551$1,154$846$611$437$193
28 years$1,480$1,088$786$560$395$168
29 years$1,413$1,026$732$514$356$146
30 years$1,352$969$681$471$322$127
31 years$1,294$916$635$433$291$110
32 years$1,240$867$593$398$263$96
33 years$1,189$821$553$366$238$84
34 years$1,142$778$517$337$216$73
35 years$1,097$738$483$310$195$63
36 years$1,055$700$452$285$177$55
37 years$1,015$665$423$263$160$48
38 years$977$632$396$242$145$42
39 years$942$601$371$223$132$36
40 years$908$572$348$206$120$32
41 years$876$544$326$190$109$28
42 years$845$518$306$176$98$24
43 years$816$494$287$162$89$21
44 years$789$471$270$150$81$18
45 years$763$449$253$138$74$16
46 years$738$428$238$128$67$14
47 years$714$409$223$118$61$12
48 years$691$390$210$109$55$11
49 years$669$373$197$101$50$9
50 years$648$356$186$93$45$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $664,000, adding $4,389 every year, while hoping to spend $39,864 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: 74/11/15 Blend
49$664,000$664,000$664,000$664,000
50$736,255$701,063$690,771$787,995
51$768,938$693,000$671,497$814,761
52$803,619$683,206$650,241$838,732
53$840,459$671,554$626,895$863,929
54$879,635$657,910$601,345$890,463
55$921,341$642,130$573,473$918,457
56$965,788$624,065$543,155$948,048
57$1,013,208$603,554$510,261$979,387
58$1,063,856$580,429$474,655$1,012,639
59$1,118,010$554,511$436,197$1,047,991
60$1,175,976$525,610$394,738$1,085,645
61$1,238,087$493,527$350,124$1,125,830
62$1,304,713$458,051$302,193$1,168,794
63$1,376,254$418,956$250,778$1,214,814
64$1,453,155$376,007$195,702$1,264,197
65$1,535,900$328,955$136,781$1,317,282
66$1,625,022$277,534$73,823$1,374,443
67$1,721,107$221,466$6,629$1,436,095
68$1,824,799$160,457$0$1,502,696
69$1,936,803$94,194$0$1,585,169
70$2,057,897$22,349$0$1,675,467
71$2,188,934$0$0$1,773,184
72$2,330,852$0$0$1,885,752
73$2,484,683$0$0$2,010,725
74$2,651,562$0$0$2,146,324
75$2,832,736$0$0$2,293,565
76$3,029,577$0$0$2,453,566
77$3,243,595$0$0$2,627,557
78$3,476,450$0$0$2,816,894
79$3,729,970$0$0$3,023,065
80$4,006,164$0$0$3,247,708
81$4,307,246$0$0$3,492,629
82$4,635,651$0$0$3,759,811
83$4,994,059$0$0$4,051,441
84$5,385,420$0$0$4,369,923
85$5,812,982$0$0$4,717,905
86$6,280,320$0$0$5,098,302
87$6,791,370$0$0$5,514,323
88$7,350,467$0$0$5,969,502
89$7,962,382$0$0$6,467,731
90$8,632,371$0$0$7,013,292
91$9,366,221$0$0$7,610,906
92$10,170,304$0$0$8,265,767
93$11,051,638$0$0$8,983,598
94$12,017,953$0$0$9,770,701
95$13,077,762$0$0$10,634,019
96$14,240,442$0$0$11,581,197
97$15,516,321$0$0$12,620,655
98$16,916,776$0$0$13,761,671
99$18,454,337$0$0$15,014,462
100$20,142,809$0$0$16,390,285