Can I retire at age 50 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$43,024$42,640$42,267$41,902$41,545$40,524
2 years$21,299$20,902$20,518$20,145$19,783$18,761
3 years$14,058$13,660$13,276$12,907$12,551$11,560
4 years$10,439$10,041$9,662$9,299$8,952$7,999
5 years$8,267$7,873$7,498$7,142$6,805$5,893
6 years$6,820$6,429$6,059$5,712$5,385$4,514
7 years$5,787$5,399$5,035$4,696$4,379$3,550
8 years$5,013$4,628$4,270$3,939$3,633$2,846
9 years$4,411$4,029$3,678$3,355$3,059$2,313
10 years$3,929$3,552$3,207$2,892$2,607$1,901
11 years$3,536$3,162$2,823$2,517$2,242$1,575
12 years$3,208$2,838$2,505$2,208$1,943$1,314
13 years$2,931$2,565$2,238$1,949$1,694$1,102
14 years$2,693$2,331$2,011$1,730$1,485$928
15 years$2,488$2,130$1,816$1,543$1,308$784
16 years$2,308$1,954$1,646$1,382$1,156$665
17 years$2,150$1,799$1,498$1,242$1,025$565
18 years$2,009$1,663$1,368$1,119$911$482
19 years$1,884$1,541$1,252$1,011$812$411
20 years$1,771$1,432$1,149$916$725$351
21 years$1,669$1,334$1,057$831$649$301
22 years$1,576$1,245$974$756$582$257
23 years$1,492$1,164$899$688$522$221
24 years$1,414$1,091$832$628$469$189
25 years$1,343$1,024$770$573$422$163
26 years$1,278$962$714$524$381$140
27 years$1,217$906$663$480$343$120
28 years$1,161$853$617$440$310$103
29 years$1,109$805$574$403$280$89
30 years$1,061$760$535$370$253$76
31 years$1,015$719$498$340$228$66
32 years$973$680$465$312$207$57
33 years$933$644$434$287$187$49
34 years$896$610$406$264$169$42
35 years$861$579$379$243$153$36
36 years$827$550$355$224$139$31
37 years$796$522$332$206$126$27
38 years$767$496$311$190$114$23
39 years$739$472$291$175$103$20
40 years$712$449$273$162$94$17
41 years$687$427$256$149$85$15
42 years$663$407$240$138$77$13
43 years$641$388$225$127$70$11
44 years$619$369$212$117$64$9
45 years$598$352$199$108$58$8
46 years$579$336$187$100$52$7
47 years$560$321$175$93$48$6
48 years$542$306$165$85$43$5
49 years$525$292$155$79$39$5
50 years$509$279$146$73$36$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $521,000, adding $6,016 every year, while hoping to spend $21,321 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: 44/30/26 Blend
49$521,000$521,000$521,000$521,000
50$580,348$552,735$544,659$601,276
51$616,858$557,133$540,220$621,143
52$656,377$561,033$534,917$640,157
53$699,190$564,386$528,700$660,351
54$745,611$567,144$521,514$681,848
55$795,981$569,252$513,303$704,782
56$850,681$570,655$504,008$729,304
57$910,125$571,292$493,567$755,579
58$974,772$571,099$481,916$783,793
59$1,045,125$570,010$468,986$814,149
60$1,121,738$567,951$454,708$846,875
61$1,205,221$564,846$439,006$882,223
62$1,296,245$560,615$421,804$920,471
63$1,395,549$555,171$403,021$961,929
64$1,503,944$548,424$382,572$1,006,941
65$1,622,326$540,277$360,368$1,055,885
66$1,751,681$530,627$336,317$1,109,182
67$1,893,091$519,367$310,323$1,167,298
68$2,047,752$506,382$282,284$1,230,749
69$2,216,977$491,549$252,095$1,300,106
70$2,402,215$474,741$219,647$1,376,001
71$2,605,058$455,821$184,822$1,459,132
72$2,827,263$434,645$147,503$1,550,273
73$3,070,762$411,061$107,562$1,650,280
74$3,337,684$384,907$64,870$1,760,100
75$3,630,374$356,014$19,290$1,880,778
76$3,951,415$324,201$0$2,013,473
77$4,303,649$289,277$0$2,167,606
78$4,690,211$251,041$0$2,342,688
79$5,114,552$209,281$0$2,534,970
80$5,580,472$163,772$0$2,746,222
81$6,092,160$114,276$0$2,978,401
82$6,654,228$60,543$0$3,233,663
83$7,271,757$2,309$0$3,514,390
84$7,950,347$0$0$3,823,207
85$8,696,165$0$0$4,183,053
86$9,516,005$0$0$4,579,520
87$10,417,352$0$0$5,015,476
88$11,408,455$0$0$5,494,917
89$12,498,399$0$0$6,022,250
90$13,697,195$0$0$6,602,326
91$15,015,873$0$0$7,240,492
92$16,466,585$0$0$7,942,641
93$18,062,721$0$0$8,715,263
94$19,819,035$0$0$9,565,510
95$21,751,781$0$0$10,501,263
96$23,878,870$0$0$11,531,205
97$26,220,036$0$0$12,664,904
98$28,797,026$0$0$13,912,901
99$31,633,799$0$0$15,286,814
100$34,756,756$0$0$16,799,443