Can I retire at age 50 with 534,000?

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 $534,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$44,097$43,704$43,321$42,947$42,582$41,553
2 years$21,830$21,424$21,030$20,648$20,277$19,246
3 years$14,409$14,001$13,608$13,229$12,865$11,864
4 years$10,699$10,292$9,903$9,531$9,175$8,213
5 years$8,474$8,069$7,685$7,321$6,975$6,054
6 years$6,991$6,589$6,211$5,854$5,519$4,640
7 years$5,932$5,533$5,161$4,813$4,488$3,652
8 years$5,138$4,743$4,377$4,038$3,724$2,929
9 years$4,521$4,130$3,770$3,439$3,136$2,382
10 years$4,027$3,640$3,287$2,965$2,672$1,958
11 years$3,624$3,241$2,894$2,580$2,298$1,624
12 years$3,288$2,909$2,568$2,263$1,991$1,355
13 years$3,004$2,629$2,294$1,998$1,736$1,137
14 years$2,761$2,389$2,061$1,774$1,522$959
15 years$2,550$2,183$1,861$1,582$1,340$811
16 years$2,366$2,003$1,687$1,416$1,184$688
17 years$2,204$1,844$1,536$1,272$1,050$585
18 years$2,059$1,704$1,402$1,147$934$499
19 years$1,931$1,579$1,283$1,036$832$426
20 years$1,815$1,468$1,178$938$743$364
21 years$1,710$1,367$1,083$852$665$312
22 years$1,615$1,276$998$774$596$268
23 years$1,529$1,194$922$705$535$230
24 years$1,450$1,118$853$643$481$197
25 years$1,377$1,049$790$587$433$169
26 years$1,310$986$732$537$390$146
27 years$1,248$928$680$492$352$125
28 years$1,190$875$632$450$317$108
29 years$1,137$825$588$413$286$93
30 years$1,087$779$548$379$259$80
31 years$1,041$737$511$348$234$69
32 years$997$697$477$320$212$59
33 years$956$660$445$294$192$51
34 years$918$626$416$271$173$44
35 years$882$593$389$249$157$38
36 years$848$563$364$230$142$33
37 years$816$535$340$211$129$28
38 years$786$508$319$195$117$24
39 years$757$483$299$180$106$21
40 years$730$460$280$166$96$18
41 years$704$438$262$153$87$16
42 years$680$417$246$141$79$13
43 years$657$397$231$130$72$12
44 years$634$379$217$120$65$10
45 years$613$361$204$111$59$9
46 years$593$344$191$103$54$7
47 years$574$329$180$95$49$6
48 years$556$314$169$88$44$6
49 years$538$300$159$81$40$5
50 years$521$286$149$75$37$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $534,000, adding $4,138 every year, while hoping to spend $27,440 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: 25/47/28 Blend
49$534,000$534,000$534,000$534,000
50$592,736$564,434$556,157$602,276
51$624,000$562,896$545,593$609,011
52$657,532$560,362$533,754$613,627
53$693,536$556,755$520,571$618,008
54$732,234$551,994$505,967$622,152
55$773,869$545,989$489,865$626,061
56$818,711$538,649$472,182$629,740
57$867,052$529,876$452,833$633,195
58$919,216$519,565$431,728$636,439
59$975,559$507,606$408,773$639,489
60$1,036,470$493,882$383,871$642,366
61$1,102,377$478,271$356,918$645,097
62$1,173,754$460,640$327,809$647,718
63$1,251,117$440,851$296,431$650,270
64$1,335,037$418,759$262,667$652,804
65$1,426,140$394,208$226,396$655,382
66$1,525,116$367,034$187,490$658,076
67$1,632,723$337,064$145,817$660,971
68$1,749,796$304,115$101,236$664,167
69$1,877,252$267,993$53,604$667,778
70$2,016,101$228,494$2,770$671,939
71$2,167,455$185,402$0$676,805
72$2,332,537$138,488$0$697,931
73$2,512,693$87,511$0$722,022
74$2,709,406$32,217$0$748,534
75$2,924,306$0$0$777,782
76$3,159,191$0$0$824,428
77$3,416,036$0$0$893,742
78$3,697,021$0$0$969,661
79$4,004,540$0$0$1,052,843
80$4,341,236$0$0$1,144,015
81$4,710,013$0$0$1,243,975
82$5,114,074$0$0$1,353,604
83$5,556,944$0$0$1,473,872
84$6,042,505$0$0$1,605,847
85$6,575,034$0$0$1,750,704
86$7,159,241$0$0$1,909,741
87$7,800,315$0$0$2,084,384
88$8,503,969$0$0$2,276,205
89$9,276,498$0$0$2,486,938
90$10,124,837$0$0$2,718,490
91$11,056,624$0$0$2,972,964
92$12,080,273$0$0$3,252,676
93$13,205,054$0$0$3,560,177
94$14,441,180$0$0$3,898,278
95$15,799,901$0$0$4,270,077
96$17,293,612$0$0$4,678,986
97$18,935,967$0$0$5,128,765
98$20,742,013$0$0$5,623,556
99$22,728,325$0$0$6,167,922
100$24,913,165$0$0$6,766,893