Can I retire at age 50 with 529,000?

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 $529,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$43,684$43,295$42,916$42,545$42,183$41,935
2 years$21,626$21,223$20,833$20,454$20,087$19,837
3 years$14,274$13,870$13,480$13,105$12,744$12,499
4 years$10,599$10,196$9,810$9,442$9,089$8,852
5 years$8,394$7,993$7,613$7,252$6,910$6,680
6 years$6,925$6,527$6,152$5,800$5,467$5,246
7 years$5,876$5,482$5,113$4,768$4,446$4,234
8 years$5,090$4,699$4,336$4,000$3,689$3,485
9 years$4,478$4,091$3,735$3,407$3,106$2,911
10 years$3,990$3,606$3,256$2,937$2,647$2,460
11 years$3,590$3,210$2,866$2,556$2,276$2,098
12 years$3,257$2,881$2,544$2,242$1,973$1,802
13 years$2,976$2,604$2,273$1,979$1,720$1,558
14 years$2,735$2,367$2,042$1,757$1,508$1,353
15 years$2,526$2,162$1,844$1,567$1,328$1,180
16 years$2,344$1,984$1,672$1,403$1,173$1,034
17 years$2,183$1,827$1,521$1,261$1,040$908
18 years$2,040$1,688$1,389$1,136$925$799
19 years$1,913$1,565$1,271$1,027$825$705
20 years$1,798$1,454$1,167$930$737$624
21 years$1,694$1,354$1,073$844$659$553
22 years$1,600$1,264$989$767$591$490
23 years$1,514$1,182$913$699$530$435
24 years$1,436$1,108$845$637$477$387
25 years$1,364$1,040$782$582$429$345
26 years$1,297$977$725$532$386$307
27 years$1,236$920$674$487$348$274
28 years$1,179$866$626$446$314$245
29 years$1,126$817$583$409$284$218
30 years$1,077$772$543$376$256$195
31 years$1,031$730$506$345$232$174
32 years$988$690$472$317$210$156
33 years$947$654$441$292$190$140
34 years$909$620$412$268$172$125
35 years$874$588$385$247$156$112
36 years$840$558$360$227$141$100
37 years$808$530$337$210$128$90
38 years$778$504$316$193$116$80
39 years$750$479$296$178$105$72
40 years$723$456$277$164$95$65
41 years$698$434$260$152$86$58
42 years$673$413$244$140$78$52
43 years$650$394$229$129$71$47
44 years$629$375$215$119$65$42
45 years$608$358$202$110$59$37
46 years$588$341$189$102$53$34
47 years$569$326$178$94$48$30
48 years$551$311$167$87$44$27
49 years$533$297$157$80$40$24
50 years$516$284$148$74$36$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $529,000, adding $5,473 every year, while hoping to spend $36,661 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: 72/14/14 Blend
49$529,000$529,000$529,000$529,000
50$588,603$560,566$552,367$628,788
51$609,634$549,027$531,864$644,609
52$631,581$535,694$509,446$656,925
53$654,499$520,440$485,009$669,441
54$678,447$503,131$458,446$682,168
55$703,490$483,625$429,645$695,121
56$729,696$461,772$398,488$708,314
57$757,140$437,414$364,853$721,768
58$785,903$410,383$328,611$735,502
59$816,074$380,500$289,627$749,541
60$847,747$347,578$247,764$763,913
61$881,027$311,419$202,873$778,651
62$916,025$271,812$154,803$793,791
63$952,865$228,537$103,395$809,375
64$991,680$181,358$48,481$825,449
65$1,032,616$130,028$0$842,070
66$1,075,830$74,287$0$860,808
67$1,121,495$13,858$0$888,049
68$1,169,800$0$0$916,650
69$1,220,950$0$0$954,670
70$1,275,171$0$0$997,247
71$1,332,706$0$0$1,042,440
72$1,393,826$0$0$1,090,463
73$1,458,823$0$0$1,141,548
74$1,528,019$0$0$1,195,949
75$1,601,766$0$0$1,253,944
76$1,680,448$0$0$1,315,839
77$1,764,487$0$0$1,381,968
78$1,854,347$0$0$1,452,698
79$1,950,533$0$0$1,528,430
80$2,053,603$0$0$1,609,605
81$2,164,165$0$0$1,696,705
82$2,282,889$0$0$1,790,262
83$2,410,509$0$0$1,890,857
84$2,547,832$0$0$1,999,130
85$2,695,742$0$0$2,115,781
86$2,855,212$0$0$2,241,582
87$3,027,310$0$0$2,377,380
88$3,213,209$0$0$2,524,105
89$3,414,198$0$0$2,682,779
90$3,631,696$0$0$2,854,525
91$3,867,260$0$0$3,040,580
92$4,122,603$0$0$3,242,302
93$4,399,609$0$0$3,461,185
94$4,700,350$0$0$3,698,871
95$5,027,103$0$0$3,957,167
96$5,382,376$0$0$4,238,061
97$5,768,925$0$0$4,543,740
98$6,189,785$0$0$4,876,610
99$6,648,295$0$0$5,239,319
100$7,148,128$0$0$5,634,782