Can I retire at age 50 with 682,000?

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 $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%14.6%
1 years$56,319$55,817$55,328$54,850$54,384$53,351
2 years$27,881$27,361$26,858$26,370$25,897$24,861
3 years$18,402$17,881$17,379$16,896$16,430$15,422
4 years$13,664$13,144$12,647$12,172$11,718$10,747
5 years$10,822$10,305$9,815$9,350$8,908$7,976
6 years$8,928$8,415$7,932$7,477$7,049$6,157
7 years$7,576$7,067$6,591$6,147$5,732$4,881
8 years$6,562$6,058$5,590$5,157$4,756$3,944
9 years$5,774$5,274$4,815$4,392$4,005$3,233
10 years$5,143$4,649$4,198$3,786$3,412$2,679
11 years$4,628$4,139$3,696$3,295$2,935$2,240
12 years$4,199$3,715$3,280$2,890$2,543$1,885
13 years$3,836$3,357$2,930$2,552$2,218$1,596
14 years$3,526$3,051$2,633$2,265$1,944$1,357
15 years$3,257$2,788$2,377$2,020$1,712$1,159
16 years$3,022$2,558$2,155$1,809$1,513$992
17 years$2,814$2,355$1,961$1,625$1,341$852
18 years$2,630$2,177$1,790$1,465$1,193$733
19 years$2,466$2,017$1,639$1,323$1,063$632
20 years$2,318$1,874$1,504$1,199$950$546
21 years$2,184$1,746$1,383$1,088$850$472
22 years$2,063$1,630$1,275$989$762$409
23 years$1,952$1,524$1,177$901$684$354
24 years$1,851$1,428$1,089$822$615$308
25 years$1,758$1,340$1,008$750$553$267
26 years$1,673$1,260$935$686$498$232
27 years$1,593$1,185$868$628$449$202
28 years$1,520$1,117$807$575$405$175
29 years$1,452$1,054$751$528$366$153
30 years$1,388$995$700$484$331$133
31 years$1,329$941$652$445$299$116
32 years$1,273$890$609$409$270$101
33 years$1,221$843$568$376$245$88
34 years$1,172$799$531$346$222$76
35 years$1,127$758$497$318$201$67
36 years$1,083$719$464$293$182$58
37 years$1,042$683$435$270$165$51
38 years$1,004$649$407$249$149$44
39 years$967$617$381$230$135$38
40 years$932$587$358$212$123$34
41 years$900$559$335$195$111$29
42 years$868$533$314$180$101$26
43 years$839$507$295$166$92$22
44 years$810$484$277$154$83$19
45 years$783$461$260$142$76$17
46 years$758$440$244$131$69$15
47 years$733$420$229$121$62$13
48 years$710$401$216$112$57$11
49 years$687$383$203$103$51$10
50 years$666$366$191$96$47$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $682,000, adding $2,270 every year, while hoping to spend $22,222 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: 36/38/26 Blend
49$682,000$682,000$682,000$682,000
50$753,906$717,760$707,189$775,081
51$807,160$729,286$707,235$802,480
52$865,101$740,632$706,539$829,850
53$928,185$751,766$705,051$858,964
54$996,910$762,653$702,721$889,993
55$1,071,828$773,256$699,495$923,126
56$1,153,544$783,535$695,318$958,574
57$1,242,726$793,449$690,131$996,568
58$1,340,107$802,951$683,874$1,037,365
59$1,446,496$811,993$676,481$1,081,248
60$1,562,781$820,524$667,886$1,128,534
61$1,689,944$828,488$658,019$1,179,568
62$1,829,061$835,827$646,806$1,234,736
63$1,981,320$842,478$634,169$1,294,463
64$2,148,030$848,374$620,029$1,359,220
65$2,330,629$853,445$604,300$1,429,526
66$2,530,704$857,614$586,894$1,505,959
67$2,750,000$860,801$567,720$1,589,152
68$2,990,441$862,922$546,679$1,679,810
69$3,254,145$863,884$523,672$1,778,709
70$3,543,446$863,592$498,593$1,886,708
71$3,860,912$861,943$471,331$2,004,756
72$4,209,376$858,829$441,771$2,133,903
73$4,591,954$854,133$409,792$2,275,306
74$5,012,081$847,734$375,268$2,430,245
75$5,473,541$839,501$338,068$2,600,135
76$5,980,503$829,297$298,053$2,786,538
77$6,537,558$816,976$255,081$2,991,178
78$7,149,764$802,383$209,002$3,215,960
79$7,822,694$785,354$159,658$3,462,987
80$8,562,488$765,716$106,886$3,734,584
81$9,375,911$743,284$50,515$4,033,313
82$10,270,414$717,866$0$4,362,007
83$11,254,208$689,253$0$4,726,465
84$12,336,340$657,230$0$5,142,592
85$13,526,778$621,564$0$5,600,221
86$14,836,501$582,013$0$6,103,611
87$16,277,612$538,319$0$6,657,460
88$17,863,441$490,209$0$7,266,947
89$19,608,678$437,396$0$7,937,785
90$21,529,509$379,574$0$8,676,272
91$23,643,768$316,423$0$9,489,357
92$25,971,107$247,602$0$10,384,698
93$28,533,178$172,752$0$11,370,743
94$31,353,840$91,495$0$12,456,805
95$34,459,383$3,430$0$13,653,153
96$37,878,777$0$0$14,971,112
97$41,643,942$0$0$16,461,579
98$45,790,051$0$0$18,104,553
99$50,355,865$0$0$19,913,972
100$55,384,091$0$0$21,906,779