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%16.9%
1 years$56,319$55,817$55,328$54,850$54,384$52,855
2 years$27,881$27,361$26,858$26,370$25,897$24,368
3 years$18,402$17,881$17,379$16,896$16,430$14,949
4 years$13,664$13,144$12,647$12,172$11,718$10,297
5 years$10,822$10,305$9,815$9,350$8,908$7,550
6 years$8,928$8,415$7,932$7,477$7,049$5,755
7 years$7,576$7,067$6,591$6,147$5,732$4,504
8 years$6,562$6,058$5,590$5,157$4,756$3,591
9 years$5,774$5,274$4,815$4,392$4,005$2,903
10 years$5,143$4,649$4,198$3,786$3,412$2,372
11 years$4,628$4,139$3,696$3,295$2,935$1,954
12 years$4,199$3,715$3,280$2,890$2,543$1,620
13 years$3,836$3,357$2,930$2,552$2,218$1,351
14 years$3,526$3,051$2,633$2,265$1,944$1,131
15 years$3,257$2,788$2,377$2,020$1,712$950
16 years$3,022$2,558$2,155$1,809$1,513$800
17 years$2,814$2,355$1,961$1,625$1,341$676
18 years$2,630$2,177$1,790$1,465$1,193$572
19 years$2,466$2,017$1,639$1,323$1,063$485
20 years$2,318$1,874$1,504$1,199$950$411
21 years$2,184$1,746$1,383$1,088$850$350
22 years$2,063$1,630$1,275$989$762$297
23 years$1,952$1,524$1,177$901$684$253
24 years$1,851$1,428$1,089$822$615$216
25 years$1,758$1,340$1,008$750$553$184
26 years$1,673$1,260$935$686$498$157
27 years$1,593$1,185$868$628$449$134
28 years$1,520$1,117$807$575$405$114
29 years$1,452$1,054$751$528$366$98
30 years$1,388$995$700$484$331$83
31 years$1,329$941$652$445$299$71
32 years$1,273$890$609$409$270$61
33 years$1,221$843$568$376$245$52
34 years$1,172$799$531$346$222$44
35 years$1,127$758$497$318$201$38
36 years$1,083$719$464$293$182$32
37 years$1,042$683$435$270$165$28
38 years$1,004$649$407$249$149$24
39 years$967$617$381$230$135$20
40 years$932$587$358$212$123$17
41 years$900$559$335$195$111$15
42 years$868$533$314$180$101$13
43 years$839$507$295$166$92$11
44 years$810$484$277$154$83$9
45 years$783$461$260$142$76$8
46 years$758$440$244$131$69$7
47 years$733$420$229$121$62$6
48 years$710$401$216$112$57$5
49 years$687$383$203$103$51$4
50 years$666$366$191$96$47$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $682,000, adding $3,668 every year, while hoping to spend $41,958 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: 48/39/13 Blend
49$682,000$682,000$682,000$682,000
50$755,348$719,202$708,631$788,715
51$787,750$709,799$687,727$802,707
52$822,051$698,530$664,716$813,251
53$858,401$685,259$639,484$823,764
54$896,962$669,840$611,911$834,257
55$937,912$652,123$581,871$844,746
56$981,448$631,946$549,232$855,250
57$1,027,782$609,137$513,858$865,794
58$1,077,148$583,518$475,605$876,408
59$1,129,803$554,895$434,323$887,131
60$1,186,026$523,068$389,856$898,006
61$1,246,125$487,823$342,040$909,087
62$1,310,436$448,933$290,705$920,436
63$1,379,329$406,159$235,672$932,128
64$1,453,208$359,249$176,755$944,248
65$1,532,519$307,936$113,760$956,896
66$1,617,749$251,937$46,484$970,188
67$1,709,433$190,956$0$984,257
68$1,808,159$124,676$0$1,002,766
69$1,914,572$52,766$0$1,029,488
70$2,029,382$0$0$1,058,199
71$2,153,368$0$0$1,099,944
72$2,287,385$0$0$1,169,602
73$2,432,374$0$0$1,245,025
74$2,589,371$0$0$1,326,759
75$2,759,511$0$0$1,415,405
76$2,944,046$0$0$1,511,622
77$3,144,349$0$0$1,616,136
78$3,361,934$0$0$1,729,746
79$3,598,463$0$0$1,853,330
80$3,855,767$0$0$1,987,855
81$4,135,860$0$0$2,134,385
82$4,440,956$0$0$2,294,089
83$4,773,494$0$0$2,468,256
84$5,136,158$0$0$2,658,303
85$5,531,899$0$0$2,865,791
86$5,963,969$0$0$3,092,438
87$6,435,947$0$0$3,340,134
88$6,951,772$0$0$3,610,961
89$7,515,781$0$0$3,907,213
90$8,132,748$0$0$4,231,411
91$8,807,933$0$0$4,586,337
92$9,547,124$0$0$4,975,049
93$10,356,698$0$0$5,400,918
94$11,243,674$0$0$5,867,657
95$12,215,786$0$0$6,379,351
96$13,281,549$0$0$6,940,505
97$14,450,342$0$0$7,556,075
98$15,732,495$0$0$8,231,524
99$17,139,387$0$0$8,972,868
100$18,683,550$0$0$9,786,733