Can I retire at age 50 with 543,000?

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 $543,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$44,840$44,441$44,051$43,671$43,300$42,048
2 years$22,198$21,785$21,384$20,996$20,619$19,368
3 years$14,652$14,237$13,837$13,452$13,081$11,871
4 years$10,879$10,465$10,070$9,691$9,330$8,168
5 years$8,616$8,205$7,815$7,444$7,092$5,983
6 years$7,108$6,700$6,315$5,953$5,612$4,556
7 years$6,032$5,627$5,248$4,894$4,564$3,561
8 years$5,224$4,823$4,451$4,106$3,786$2,836
9 years$4,597$4,199$3,833$3,497$3,189$2,290
10 years$4,095$3,702$3,342$3,015$2,717$1,869
11 years$3,685$3,295$2,942$2,624$2,337$1,537
12 years$3,343$2,958$2,611$2,301$2,025$1,273
13 years$3,054$2,673$2,333$2,032$1,766$1,060
14 years$2,807$2,430$2,096$1,803$1,548$886
15 years$2,593$2,219$1,893$1,608$1,363$743
16 years$2,406$2,036$1,716$1,440$1,204$625
17 years$2,241$1,875$1,561$1,294$1,068$527
18 years$2,094$1,733$1,425$1,166$950$445
19 years$1,963$1,606$1,305$1,054$846$377
20 years$1,845$1,492$1,198$954$756$320
21 years$1,739$1,390$1,101$866$677$271
22 years$1,643$1,298$1,015$787$606$230
23 years$1,555$1,214$937$717$544$196
24 years$1,474$1,137$867$654$489$166
25 years$1,400$1,067$803$597$440$142
26 years$1,332$1,003$745$546$397$121
27 years$1,269$944$691$500$358$103
28 years$1,210$889$643$458$323$88
29 years$1,156$839$598$420$291$75
30 years$1,105$792$557$386$263$64
31 years$1,058$749$519$354$238$54
32 years$1,014$709$485$325$215$46
33 years$972$671$453$299$195$40
34 years$934$636$423$275$176$34
35 years$897$603$395$253$160$29
36 years$862$573$370$233$145$25
37 years$830$544$346$215$131$21
38 years$799$517$324$198$119$18
39 years$770$492$304$183$108$15
40 years$742$468$285$169$98$13
41 years$716$445$267$156$89$11
42 years$691$424$250$144$81$10
43 years$668$404$235$133$73$8
44 years$645$385$221$122$66$7
45 years$624$367$207$113$60$6
46 years$603$350$194$104$55$5
47 years$584$334$183$96$50$4
48 years$565$319$172$89$45$4
49 years$547$305$161$82$41$3
50 years$530$291$152$76$37$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $543,000, adding $5,339 every year, while hoping to spend $22,128 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: 78/14/8 Blend
49$543,000$543,000$543,000$543,000
50$603,893$575,114$566,698$649,908
51$641,946$579,751$562,138$685,509
52$683,139$583,873$556,684$721,137
53$727,769$587,432$550,282$759,560
54$776,161$590,376$542,877$801,047
55$828,676$592,651$534,410$845,893
56$885,708$594,198$524,819$894,425
57$947,691$594,954$514,041$947,000
58$1,015,102$594,854$502,009$1,004,014
59$1,088,469$593,828$488,652$1,065,904
60$1,168,368$591,801$473,897$1,133,149
61$1,255,436$588,694$457,668$1,206,279
62$1,350,375$584,424$439,883$1,285,877
63$1,453,953$578,901$420,460$1,372,585
64$1,567,021$572,032$399,310$1,467,112
65$1,690,512$563,716$376,341$1,570,238
66$1,825,454$553,848$351,458$1,682,824
67$1,972,979$542,315$324,561$1,805,818
68$2,134,333$528,999$295,544$1,940,266
69$2,310,889$513,774$264,299$2,087,319
70$2,504,158$496,507$230,711$2,248,248
71$2,715,803$477,057$194,661$2,424,451
72$2,947,657$455,275$156,024$2,617,473
73$3,201,737$431,003$114,671$2,829,014
74$3,480,267$404,074$70,464$3,060,948
75$3,785,693$374,312$23,264$3,315,341
76$4,120,711$341,531$0$3,594,472
77$4,488,291$305,533$0$3,903,164
78$4,891,703$266,111$0$4,244,142
79$5,334,549$223,043$0$4,618,481
80$5,820,798$176,097$0$5,029,559
81$6,354,822$125,028$0$5,481,096
82$6,941,436$69,577$0$5,977,194
83$7,585,944$9,468$0$6,522,373
84$8,294,192$0$0$7,121,613
85$9,072,617$0$0$7,788,967
86$9,928,313$0$0$8,524,190
87$10,869,093$0$0$9,332,539
88$11,903,568$0$0$10,221,414
89$13,041,223$0$0$11,198,969
90$14,292,509$0$0$12,274,186
91$15,668,940$0$0$13,456,962
92$17,183,203$0$0$14,758,202
93$18,849,276$0$0$16,189,920
94$20,682,560$0$0$17,765,354
95$22,700,024$0$0$19,499,090
96$24,920,367$0$0$21,407,201
97$27,364,191$0$0$23,507,393
98$30,054,195$0$0$25,819,180
99$33,015,394$0$0$28,364,061
100$36,275,350$0$0$31,165,726