Can I retire at age 50 with 681,000?

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 $681,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$56,236$55,735$55,247$54,770$54,304$52,820
2 years$27,840$27,321$26,819$26,332$25,859$24,375
3 years$18,375$17,855$17,354$16,871$16,406$14,968
4 years$13,644$13,125$12,629$12,155$11,701$10,320
5 years$10,806$10,290$9,801$9,336$8,895$7,575
6 years$8,915$8,403$7,920$7,466$7,038$5,781
7 years$7,564$7,057$6,582$6,138$5,724$4,529
8 years$6,552$6,049$5,582$5,149$4,749$3,615
9 years$5,765$5,267$4,808$4,386$3,999$2,926
10 years$5,136$4,642$4,191$3,781$3,407$2,394
11 years$4,621$4,133$3,690$3,290$2,930$1,975
12 years$4,193$3,709$3,275$2,886$2,539$1,639
13 years$3,831$3,352$2,926$2,548$2,214$1,368
14 years$3,521$3,047$2,629$2,262$1,941$1,147
15 years$3,252$2,783$2,374$2,017$1,709$965
16 years$3,017$2,554$2,152$1,806$1,511$814
17 years$2,810$2,352$1,958$1,623$1,339$689
18 years$2,626$2,173$1,788$1,462$1,191$584
19 years$2,462$2,014$1,636$1,321$1,061$495
20 years$2,315$1,872$1,502$1,197$948$421
21 years$2,181$1,743$1,381$1,086$848$358
22 years$2,060$1,627$1,273$988$761$305
23 years$1,950$1,522$1,176$899$683$260
24 years$1,849$1,426$1,087$820$614$222
25 years$1,756$1,338$1,007$749$552$190
26 years$1,670$1,258$934$685$497$162
27 years$1,591$1,184$867$627$448$138
28 years$1,518$1,115$806$574$405$118
29 years$1,450$1,052$750$527$365$101
30 years$1,386$994$699$483$330$87
31 years$1,327$939$651$444$298$74
32 years$1,272$889$608$408$270$63
33 years$1,220$842$568$375$244$54
34 years$1,171$798$530$345$221$46
35 years$1,125$757$496$318$200$40
36 years$1,082$718$464$293$182$34
37 years$1,041$682$434$270$165$29
38 years$1,002$648$407$249$149$25
39 years$966$616$381$229$135$21
40 years$931$587$357$211$123$18
41 years$898$558$335$195$111$16
42 years$867$532$314$180$101$13
43 years$837$507$295$166$92$12
44 years$809$483$277$153$83$10
45 years$782$461$260$142$76$8
46 years$757$439$244$131$69$7
47 years$732$419$229$121$62$6
48 years$709$400$215$112$57$5
49 years$686$382$202$103$51$5
50 years$665$365$190$95$47$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $681,000, adding $2,245 every year, while hoping to spend $22,942 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: 77/9/14 Blend
49$681,000$681,000$681,000$681,000
50$752,778$716,685$706,129$808,391
51$805,151$727,392$705,374$856,076
52$862,097$737,855$703,825$905,228
53$924,059$748,038$701,431$958,490
54$991,523$757,902$698,139$1,016,262
55$1,065,024$767,405$693,893$1,078,987
56$1,145,152$776,503$688,633$1,147,153
57$1,232,555$785,149$682,300$1,221,297
58$1,327,946$793,292$674,828$1,302,009
59$1,432,113$800,880$666,151$1,389,943
60$1,545,919$807,853$656,197$1,485,817
61$1,670,317$814,152$644,894$1,590,421
62$1,806,354$819,711$632,163$1,704,630
63$1,955,186$824,461$617,925$1,829,403
64$2,118,084$828,328$602,094$1,965,800
65$2,296,446$831,233$584,581$2,114,988
66$2,491,814$833,094$565,295$2,278,255
67$2,705,885$833,822$544,139$2,457,018
68$2,940,528$833,322$521,011$2,652,840
69$3,197,803$831,496$495,805$2,867,442
70$3,479,975$828,236$468,411$3,102,723
71$3,789,544$823,430$438,714$3,360,775
72$4,129,258$816,959$406,591$3,643,903
73$4,502,148$808,696$371,918$3,954,647
74$4,911,552$798,507$334,562$4,295,809
75$5,361,146$786,249$294,386$4,670,475
76$5,854,980$771,772$251,245$5,082,045
77$6,397,515$754,917$204,989$5,534,271
78$6,993,667$735,513$155,461$6,031,282
79$7,648,850$713,382$102,498$6,577,634
80$8,369,029$688,334$45,928$7,178,345
81$9,160,776$660,168$0$7,838,948
82$10,031,332$628,673$0$8,567,697
83$10,988,673$593,624$0$9,376,616
84$12,041,589$554,782$0$10,266,272
85$13,199,762$511,898$0$11,244,857
86$14,473,862$464,705$0$12,321,401
87$15,875,644$412,923$0$13,505,850
88$17,418,059$356,256$0$14,809,166
89$19,115,377$294,389$0$16,243,430
90$20,983,324$226,992$0$17,821,952
91$23,039,224$153,715$0$19,559,400
92$25,302,167$74,189$0$21,471,938
93$27,793,187$0$0$23,577,378
94$30,535,464$0$0$25,896,533
95$33,554,534$0$0$28,457,893
96$36,878,540$0$0$31,277,989
97$40,538,490$0$0$34,383,133
98$44,568,553$0$0$37,802,317
99$49,006,379$0$0$41,567,490
100$53,893,456$0$0$45,713,854