Can I retire at age 50 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$56,319$55,817$55,328$54,850$54,384$53,112
2 years$27,881$27,361$26,858$26,370$25,897$24,623
3 years$18,402$17,881$17,379$16,896$16,430$15,194
4 years$13,664$13,144$12,647$12,172$11,718$10,529
5 years$10,822$10,305$9,815$9,350$8,908$7,769
6 years$8,928$8,415$7,932$7,477$7,049$5,961
7 years$7,576$7,067$6,591$6,147$5,732$4,697
8 years$6,562$6,058$5,590$5,157$4,756$3,771
9 years$5,774$5,274$4,815$4,392$4,005$3,071
10 years$5,143$4,649$4,198$3,786$3,412$2,528
11 years$4,628$4,139$3,696$3,295$2,935$2,099
12 years$4,199$3,715$3,280$2,890$2,543$1,754
13 years$3,836$3,357$2,930$2,552$2,218$1,474
14 years$3,526$3,051$2,633$2,265$1,944$1,244
15 years$3,257$2,788$2,377$2,020$1,712$1,054
16 years$3,022$2,558$2,155$1,809$1,513$895
17 years$2,814$2,355$1,961$1,625$1,341$763
18 years$2,630$2,177$1,790$1,465$1,193$651
19 years$2,466$2,017$1,639$1,323$1,063$557
20 years$2,318$1,874$1,504$1,199$950$477
21 years$2,184$1,746$1,383$1,088$850$409
22 years$2,063$1,630$1,275$989$762$351
23 years$1,952$1,524$1,177$901$684$302
24 years$1,851$1,428$1,089$822$615$260
25 years$1,758$1,340$1,008$750$553$223
26 years$1,673$1,260$935$686$498$192
27 years$1,593$1,185$868$628$449$166
28 years$1,520$1,117$807$575$405$143
29 years$1,452$1,054$751$528$366$123
30 years$1,388$995$700$484$331$106
31 years$1,329$941$652$445$299$92
32 years$1,273$890$609$409$270$79
33 years$1,221$843$568$376$245$68
34 years$1,172$799$531$346$222$59
35 years$1,127$758$497$318$201$51
36 years$1,083$719$464$293$182$44
37 years$1,042$683$435$270$165$38
38 years$1,004$649$407$249$149$33
39 years$967$617$381$230$135$28
40 years$932$587$358$212$123$24
41 years$900$559$335$195$111$21
42 years$868$533$314$180$101$18
43 years$839$507$295$166$92$16
44 years$810$484$277$154$83$14
45 years$783$461$260$142$76$12
46 years$758$440$244$131$69$10
47 years$733$420$229$121$62$9
48 years$710$401$216$112$57$8
49 years$687$383$203$103$51$7
50 years$666$366$191$96$47$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $682,000, adding $3,477 every year, while hoping to spend $28,331 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: 31/50/19 Blend
49$682,000$682,000$682,000$682,000
50$755,151$719,005$708,434$773,980
51$802,032$724,092$702,022$793,512
52$852,746$728,479$694,446$811,710
53$907,653$732,101$685,637$830,699
54$967,150$734,891$675,523$850,564
55$1,031,674$736,775$664,028$871,403
56$1,101,705$737,677$651,072$893,323
57$1,177,769$737,514$636,574$916,445
58$1,260,449$736,199$620,446$940,905
59$1,350,382$733,641$602,599$966,855
60$1,448,271$729,739$582,936$994,465
61$1,554,890$724,392$561,360$1,023,925
62$1,671,089$717,487$537,766$1,055,447
63$1,797,805$708,909$512,046$1,089,270
64$1,936,069$698,533$484,086$1,125,657
65$2,087,014$686,227$453,769$1,164,904
66$2,251,889$671,852$420,971$1,207,340
67$2,432,070$655,261$385,562$1,253,333
68$2,629,070$636,298$347,407$1,303,291
69$2,844,555$614,796$306,365$1,357,669
70$3,080,361$590,582$262,288$1,416,973
71$3,338,506$563,469$215,024$1,481,765
72$3,621,217$533,262$164,410$1,552,673
73$3,930,943$499,754$110,280$1,630,391
74$4,270,382$462,725$52,458$1,715,692
75$4,642,507$421,944$0$1,809,434
76$5,050,590$377,166$0$1,914,443
77$5,498,235$328,133$0$2,041,374
78$5,989,413$274,569$0$2,180,791
79$6,528,497$216,188$0$2,334,038
80$7,120,306$152,683$0$2,502,601
81$7,770,145$83,732$0$2,688,121
82$8,483,860$8,995$0$2,892,419
83$9,267,890$0$0$3,117,504
84$10,129,329$0$0$3,405,153
85$11,075,993$0$0$3,726,813
86$12,116,492$0$0$4,080,473
87$13,260,309$0$0$4,469,373
88$14,517,896$0$0$4,897,081
89$15,900,765$0$0$5,367,527
90$17,421,602$0$0$5,885,044
91$19,094,381$0$0$6,454,403
92$20,934,500$0$0$7,080,863
93$22,958,925$0$0$7,770,218
94$25,186,348$0$0$8,528,850
95$27,637,365$0$0$9,363,794
96$30,334,669$0$0$10,282,800
97$33,303,265$0$0$11,294,408
98$36,570,703$0$0$12,408,026
99$40,167,340$0$0$13,634,024
100$44,126,626$0$0$14,983,825