Can I retire at age 50 with 686,000?

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 $686,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$56,649$56,145$55,652$55,172$54,703$54,041
2 years$28,044$27,522$27,016$26,525$26,049$25,383
3 years$18,510$17,986$17,481$16,995$16,526$15,878
4 years$13,744$13,222$12,722$12,244$11,787$11,159
5 years$10,886$10,366$9,873$9,404$8,960$8,356
6 years$8,980$8,464$7,978$7,521$7,090$6,510
7 years$7,620$7,108$6,630$6,183$5,766$5,210
8 years$6,600$6,093$5,623$5,187$4,783$4,252
9 years$5,807$5,305$4,843$4,418$4,028$3,521
10 years$5,174$4,676$4,222$3,808$3,432$2,948
11 years$4,655$4,163$3,717$3,315$2,952$2,491
12 years$4,224$3,737$3,299$2,907$2,558$2,120
13 years$3,859$3,377$2,947$2,567$2,231$1,815
14 years$3,546$3,069$2,648$2,278$1,955$1,561
15 years$3,276$2,804$2,391$2,032$1,722$1,348
16 years$3,039$2,573$2,168$1,819$1,522$1,168
17 years$2,831$2,369$1,973$1,635$1,349$1,015
18 years$2,646$2,189$1,801$1,473$1,200$885
19 years$2,480$2,029$1,648$1,331$1,069$772
20 years$2,331$1,885$1,513$1,206$955$675
21 years$2,197$1,756$1,392$1,094$855$592
22 years$2,075$1,639$1,283$995$766$519
23 years$1,964$1,533$1,184$906$688$456
24 years$1,862$1,437$1,095$826$618$401
25 years$1,769$1,348$1,014$755$556$353
26 years$1,682$1,267$941$690$501$311
27 years$1,603$1,192$874$632$452$274
28 years$1,529$1,124$812$579$408$241
29 years$1,460$1,060$756$531$368$213
30 years$1,396$1,001$704$487$333$188
31 years$1,337$946$656$447$301$166
32 years$1,281$895$612$411$272$147
33 years$1,229$848$572$378$246$130
34 years$1,179$804$534$348$223$114
35 years$1,133$762$499$320$202$101
36 years$1,090$724$467$295$183$90
37 years$1,048$687$437$272$166$79
38 years$1,010$653$409$250$150$70
39 years$973$621$384$231$136$62
40 years$938$591$360$213$124$55
41 years$905$562$337$196$112$49
42 years$873$536$316$181$102$43
43 years$844$510$297$167$92$38
44 years$815$486$279$155$84$34
45 years$788$464$262$143$76$30
46 years$762$443$246$132$69$26
47 years$737$422$231$122$63$23
48 years$714$403$217$113$57$21
49 years$691$385$204$104$52$18
50 years$670$368$192$96$47$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $686,000, adding $5,217 every year, while hoping to spend $53,604 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: 75/10/15 Blend
49$686,000$686,000$686,000$686,000
50$761,353$724,995$714,362$815,589
51$781,977$703,486$681,259$830,641
52$802,908$679,126$645,251$839,958
53$824,121$651,719$606,183$848,719
54$845,585$621,058$563,894$856,853
55$867,268$586,922$518,217$864,282
56$889,128$549,080$468,976$870,922
57$911,120$507,286$415,988$876,681
58$933,191$461,280$359,060$881,458
59$955,281$410,787$297,994$885,145
60$977,322$355,518$232,579$887,622
61$999,236$295,166$162,597$888,760
62$1,020,935$229,406$87,821$888,416
63$1,042,321$157,897$8,014$886,436
64$1,063,282$80,278$0$882,652
65$1,083,691$0$0$889,229
66$1,103,409$0$0$896,211
67$1,122,278$0$0$911,309
68$1,140,120$0$0$925,544
69$1,156,738$0$0$938,751
70$1,171,912$0$0$950,747
71$1,185,394$0$0$961,328
72$1,196,912$0$0$970,268
73$1,206,158$0$0$977,312
74$1,212,793$0$0$982,179
75$1,216,438$0$0$984,555
76$1,216,673$0$0$984,094
77$1,213,031$0$0$980,407
78$1,204,993$0$0$973,066
79$1,191,986$0$0$961,595
80$1,173,370$0$0$945,466
81$1,148,439$0$0$924,094
82$1,116,409$0$0$896,831
83$1,076,414$0$0$862,960
84$1,027,492$0$0$821,685
85$968,581$0$0$772,128
86$898,504$0$0$713,314
87$815,960$0$0$644,168
88$719,508$0$0$563,499
89$607,559$0$0$469,992
90$478,353$0$0$362,190
91$329,946$0$0$238,487
92$160,190$0$0$97,105
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0