Can I retire at age 50 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$54,915$54,426$53,949$53,483$53,028$51,045
2 years$27,186$26,679$26,189$25,713$25,251$23,276
3 years$17,944$17,435$16,946$16,475$16,021$14,115
4 years$13,324$12,817$12,332$11,869$11,426$9,605
5 years$10,552$10,049$9,570$9,117$8,686$6,955
6 years$8,705$8,205$7,734$7,291$6,873$5,232
7 years$7,387$6,891$6,427$5,994$5,589$4,039
8 years$6,398$5,907$5,451$5,028$4,637$3,175
9 years$5,630$5,143$4,695$4,283$3,905$2,529
10 years$5,015$4,533$4,093$3,692$3,327$2,036
11 years$4,513$4,036$3,603$3,213$2,862$1,651
12 years$4,094$3,622$3,198$2,818$2,480$1,347
13 years$3,741$3,273$2,857$2,488$2,162$1,105
14 years$3,438$2,975$2,567$2,209$1,896$910
15 years$3,175$2,718$2,318$1,970$1,669$751
16 years$2,946$2,494$2,101$1,764$1,475$622
17 years$2,744$2,297$1,912$1,585$1,308$516
18 years$2,565$2,122$1,746$1,428$1,163$429
19 years$2,404$1,967$1,598$1,290$1,037$357
20 years$2,260$1,828$1,467$1,169$926$298
21 years$2,130$1,702$1,349$1,061$829$248
22 years$2,012$1,589$1,243$964$743$207
23 years$1,904$1,486$1,148$878$667$173
24 years$1,805$1,393$1,062$801$599$145
25 years$1,714$1,307$983$732$539$121
26 years$1,631$1,228$912$669$486$101
27 years$1,554$1,156$847$612$438$85
28 years$1,482$1,089$787$561$395$71
29 years$1,416$1,028$733$514$357$59
30 years$1,354$970$682$472$322$50
31 years$1,296$917$636$434$291$42
32 years$1,242$868$594$398$264$35
33 years$1,191$822$554$366$239$29
34 years$1,143$779$518$337$216$24
35 years$1,098$739$484$310$196$21
36 years$1,056$701$453$286$177$17
37 years$1,016$666$424$263$161$14
38 years$979$633$397$243$146$12
39 years$943$602$372$224$132$10
40 years$909$573$349$206$120$8
41 years$877$545$327$190$109$7
42 years$847$519$307$176$99$6
43 years$818$495$288$162$90$5
44 years$790$472$270$150$81$4
45 years$764$450$254$138$74$4
46 years$739$429$238$128$67$3
47 years$715$409$224$118$61$2
48 years$692$391$210$109$55$2
49 years$670$373$198$101$50$2
50 years$649$357$186$93$46$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $665,000, adding $4,942 every year, while hoping to spend $33,475 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: 56/16/28 Blend
49$665,000$665,000$665,000$665,000
50$737,928$702,683$692,375$773,309
51$777,579$701,497$679,953$797,011
52$820,153$699,131$665,992$818,931
53$865,912$695,492$650,406$842,135
54$915,145$690,481$633,105$866,759
55$968,169$683,994$613,992$892,952
56$1,025,330$675,918$592,970$920,883
57$1,087,012$666,136$569,932$950,738
58$1,153,635$654,523$544,772$982,722
59$1,225,658$640,948$517,375$1,017,066
60$1,303,590$625,270$487,622$1,054,025
61$1,387,989$607,340$455,389$1,093,882
62$1,479,465$587,001$420,547$1,136,952
63$1,578,695$564,088$382,959$1,183,583
64$1,686,418$538,425$342,484$1,234,162
65$1,803,449$509,824$298,974$1,289,118
66$1,930,686$478,091$252,275$1,348,927
67$2,069,115$443,016$202,225$1,414,117
68$2,219,820$404,379$148,655$1,485,270
69$2,383,997$361,949$91,390$1,563,035
70$2,562,958$315,478$30,245$1,648,128
71$2,758,152$264,709$0$1,741,343
72$2,971,169$209,365$0$1,854,017
73$3,203,762$149,157$0$1,986,987
74$3,457,859$83,780$0$2,132,345
75$3,735,585$12,909$0$2,291,348
76$4,039,278$0$0$2,465,381
77$4,371,510$0$0$2,667,203
78$4,735,118$0$0$2,890,630
79$5,133,221$0$0$3,135,315
80$5,569,258$0$0$3,403,378
81$6,047,012$0$0$3,697,154
82$6,570,653$0$0$4,019,214
83$7,144,770$0$0$4,372,390
84$7,774,420$0$0$4,759,801
85$8,465,173$0$0$5,184,883
86$9,223,162$0$0$5,651,420
87$10,055,144$0$0$6,163,581
88$10,968,562$0$0$6,725,957
89$11,971,613$0$0$7,343,607
90$13,073,330$0$0$8,022,102
91$14,283,662$0$0$8,767,582
92$15,613,568$0$0$9,586,809
93$17,075,123$0$0$10,487,231
94$18,681,629$0$0$11,477,058
95$20,447,742$0$0$12,565,332
96$22,389,606$0$0$13,762,014
97$24,525,011$0$0$15,078,080
98$26,873,554$0$0$16,525,624
99$29,456,830$0$0$18,117,970
100$32,298,627$0$0$19,869,796