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%13.4%
1 years$56,319$55,817$55,328$54,850$54,384$53,615
2 years$27,881$27,361$26,858$26,370$25,897$25,124
3 years$18,402$17,881$17,379$16,896$16,430$15,677
4 years$13,664$13,144$12,647$12,172$11,718$10,991
5 years$10,822$10,305$9,815$9,350$8,908$8,208
6 years$8,928$8,415$7,932$7,477$7,049$6,377
7 years$7,576$7,067$6,591$6,147$5,732$5,090
8 years$6,562$6,058$5,590$5,157$4,756$4,142
9 years$5,774$5,274$4,815$4,392$4,005$3,419
10 years$5,143$4,649$4,198$3,786$3,412$2,855
11 years$4,628$4,139$3,696$3,295$2,935$2,405
12 years$4,199$3,715$3,280$2,890$2,543$2,040
13 years$3,836$3,357$2,930$2,552$2,218$1,740
14 years$3,526$3,051$2,633$2,265$1,944$1,492
15 years$3,257$2,788$2,377$2,020$1,712$1,284
16 years$3,022$2,558$2,155$1,809$1,513$1,109
17 years$2,814$2,355$1,961$1,625$1,341$960
18 years$2,630$2,177$1,790$1,465$1,193$834
19 years$2,466$2,017$1,639$1,323$1,063$725
20 years$2,318$1,874$1,504$1,199$950$632
21 years$2,184$1,746$1,383$1,088$850$552
22 years$2,063$1,630$1,275$989$762$482
23 years$1,952$1,524$1,177$901$684$422
24 years$1,851$1,428$1,089$822$615$369
25 years$1,758$1,340$1,008$750$553$324
26 years$1,673$1,260$935$686$498$284
27 years$1,593$1,185$868$628$449$249
28 years$1,520$1,117$807$575$405$219
29 years$1,452$1,054$751$528$366$192
30 years$1,388$995$700$484$331$169
31 years$1,329$941$652$445$299$149
32 years$1,273$890$609$409$270$131
33 years$1,221$843$568$376$245$115
34 years$1,172$799$531$346$222$101
35 years$1,127$758$497$318$201$89
36 years$1,083$719$464$293$182$79
37 years$1,042$683$435$270$165$69
38 years$1,004$649$407$249$149$61
39 years$967$617$381$230$135$54
40 years$932$587$358$212$123$47
41 years$900$559$335$195$111$42
42 years$868$533$314$180$101$37
43 years$839$507$295$166$92$32
44 years$810$484$277$154$83$29
45 years$783$461$260$142$76$25
46 years$758$440$244$131$69$22
47 years$733$420$229$121$62$20
48 years$710$401$216$112$57$17
49 years$687$383$203$103$51$15
50 years$666$366$191$96$47$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $682,000, adding $5,021 every year, while hoping to spend $24,777 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: 82/6/12 Blend
49$682,000$682,000$682,000$682,000
50$756,743$720,597$710,026$816,766
51$807,568$729,544$707,450$865,795
52$862,747$738,099$703,956$915,837
53$922,698$746,216$699,489$970,046
54$987,880$753,847$693,989$1,028,825
55$1,058,800$760,941$687,393$1,092,622
56$1,136,013$767,443$679,636$1,161,927
57$1,220,132$773,293$670,650$1,237,282
58$1,311,830$778,430$660,362$1,319,282
59$1,411,851$782,787$648,698$1,408,586
60$1,521,009$786,293$635,578$1,505,916
61$1,640,203$788,873$620,922$1,612,069
62$1,770,423$790,447$604,642$1,727,923
63$1,912,758$790,930$586,649$1,854,447
64$2,068,405$790,232$566,848$1,992,706
65$2,238,686$788,257$545,141$2,143,875
66$2,425,054$784,903$521,425$2,309,248
67$2,629,109$780,062$495,592$2,490,251
68$2,852,613$773,621$467,529$2,688,457
69$3,097,508$765,457$437,120$2,905,596
70$3,365,931$755,441$404,240$3,143,577
71$3,660,236$743,438$368,763$3,404,503
72$3,983,016$729,302$330,552$3,690,691
73$4,337,127$712,882$289,469$4,004,696
74$4,725,715$694,013$245,367$4,349,331
75$5,152,243$672,525$198,092$4,727,697
76$5,620,530$648,237$147,486$5,143,213
77$6,134,778$620,955$93,381$5,599,644
78$6,699,620$590,476$35,604$6,101,143
79$7,320,157$556,585$0$6,652,282
80$8,002,010$519,055$0$7,261,440
81$8,751,371$477,644$0$7,935,918
82$9,575,061$432,099$0$8,677,300
83$10,480,595$382,150$0$9,492,361
84$11,476,254$327,514$0$10,388,564
85$12,571,159$267,889$0$11,374,134
86$13,775,360$202,958$0$12,458,132
87$15,099,932$132,388$0$13,650,544
88$16,557,073$55,823$0$14,962,371
89$18,160,226$0$0$16,405,738
90$19,924,203$0$0$17,995,792
91$21,865,322$0$0$19,749,596
92$24,001,563$0$0$21,679,713
93$26,352,740$0$0$23,804,045
94$28,940,682$0$0$26,142,318
95$31,789,442$0$0$28,716,268
96$34,925,526$0$0$31,549,846
97$38,378,137$0$0$34,669,440
98$42,179,457$0$0$38,104,131
99$46,364,943$0$0$41,885,961
100$50,973,669$0$0$46,050,235