Can I retire at age 50 with 532,000?

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 $532,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$43,932$43,541$43,159$42,786$42,422$40,885
2 years$21,749$21,343$20,951$20,570$20,201$18,669
3 years$14,355$13,948$13,557$13,180$12,816$11,338
4 years$10,659$10,253$9,866$9,495$9,141$7,727
5 years$8,442$8,039$7,656$7,293$6,949$5,603
6 years$6,964$6,564$6,187$5,832$5,498$4,222
7 years$5,909$5,513$5,142$4,795$4,472$3,265
8 years$5,119$4,725$4,361$4,023$3,710$2,571
9 years$4,504$4,114$3,756$3,426$3,124$2,052
10 years$4,012$3,627$3,274$2,954$2,662$1,655
11 years$3,610$3,229$2,883$2,570$2,289$1,345
12 years$3,276$2,898$2,558$2,255$1,984$1,100
13 years$2,993$2,619$2,286$1,990$1,730$904
14 years$2,750$2,380$2,054$1,767$1,516$746
15 years$2,540$2,174$1,854$1,576$1,335$617
16 years$2,357$1,995$1,681$1,411$1,180$512
17 years$2,195$1,837$1,530$1,268$1,046$426
18 years$2,052$1,698$1,396$1,142$930$355
19 years$1,923$1,574$1,278$1,032$829$296
20 years$1,808$1,462$1,173$935$741$247
21 years$1,704$1,362$1,079$849$663$207
22 years$1,609$1,271$995$772$594$173
23 years$1,523$1,189$918$703$533$145
24 years$1,444$1,114$849$641$479$121
25 years$1,372$1,045$787$585$431$102
26 years$1,305$983$730$535$389$85
27 years$1,243$925$677$490$350$72
28 years$1,186$871$630$449$316$60
29 years$1,132$822$586$412$285$50
30 years$1,083$776$546$378$258$42
31 years$1,037$734$509$347$233$36
32 years$993$694$475$319$211$30
33 years$953$658$443$293$191$25
34 years$915$623$414$270$173$21
35 years$879$591$387$248$157$18
36 years$845$561$362$229$142$15
37 years$813$533$339$211$129$12
38 years$783$506$318$194$117$10
39 years$754$482$298$179$106$9
40 years$727$458$279$165$96$7
41 years$702$436$261$152$87$6
42 years$677$415$245$141$79$5
43 years$654$396$230$130$72$4
44 years$632$377$216$120$65$4
45 years$611$360$203$111$59$3
46 years$591$343$191$102$54$3
47 years$572$328$179$94$49$2
48 years$554$313$168$87$44$2
49 years$536$299$158$81$40$2
50 years$519$285$149$75$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $532,000, adding $4,353 every year, while hoping to spend $34,766 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: 81/14/5 Blend
49$532,000$532,000$532,000$532,000
50$590,754$562,558$554,312$638,171
51$614,020$553,133$535,891$660,384
52$638,494$542,080$515,687$679,669
53$664,263$529,284$493,605$699,760
54$691,420$514,622$469,543$720,717
55$720,068$497,962$443,396$742,608
56$750,320$479,166$415,054$765,506
57$782,296$458,089$384,402$789,494
58$816,131$434,576$351,320$814,660
59$851,969$408,462$315,682$841,105
60$889,969$379,576$277,356$868,938
61$930,304$347,734$236,207$898,280
62$973,165$312,743$192,089$929,265
63$1,018,759$274,398$144,855$962,040
64$1,067,313$232,484$94,348$996,769
65$1,119,075$186,772$40,406$1,033,631
66$1,174,318$137,022$0$1,072,827
67$1,233,341$82,979$0$1,115,490
68$1,296,471$24,373$0$1,163,309
69$1,364,065$0$0$1,214,405
70$1,436,517$0$0$1,275,104
71$1,514,260$0$0$1,344,273
72$1,597,765$0$0$1,418,579
73$1,687,553$0$0$1,498,485
74$1,784,194$0$0$1,584,501
75$1,888,315$0$0$1,677,186
76$2,000,603$0$0$1,777,153
77$2,121,814$0$0$1,885,077
78$2,252,779$0$0$2,001,699
79$2,394,411$0$0$2,127,833
80$2,547,712$0$0$2,264,375
81$2,713,786$0$0$2,412,308
82$2,893,845$0$0$2,572,715
83$3,089,222$0$0$2,746,785
84$3,301,384$0$0$2,935,828
85$3,531,944$0$0$3,141,282
86$3,782,677$0$0$3,364,732
87$4,055,534$0$0$3,607,919
88$4,352,664$0$0$3,872,761
89$4,676,430$0$0$4,161,367
90$5,029,434$0$0$4,476,059
91$5,414,538$0$0$4,819,392
92$5,834,895$0$0$5,194,178
93$6,293,972$0$0$5,603,513
94$6,795,589$0$0$6,050,806
95$7,343,948$0$0$6,539,808
96$7,943,680$0$0$7,074,650
97$8,599,880$0$0$7,659,882
98$9,318,159$0$0$8,300,511
99$10,104,697$0$0$9,002,053
100$10,966,299$0$0$9,770,582