Can I retire at age 50 with 544,000?

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 $544,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$44,923$44,523$44,132$43,751$43,379$42,855
2 years$22,239$21,825$21,424$21,034$20,657$20,129
3 years$14,679$14,263$13,862$13,477$13,106$12,591
4 years$10,899$10,485$10,088$9,709$9,347$8,849
5 years$8,632$8,220$7,829$7,458$7,105$6,626
6 years$7,121$6,712$6,327$5,964$5,622$5,162
7 years$6,043$5,637$5,258$4,903$4,572$4,132
8 years$5,234$4,832$4,459$4,113$3,793$3,372
9 years$4,605$4,207$3,841$3,504$3,194$2,792
10 years$4,103$3,708$3,348$3,020$2,722$2,338
11 years$3,692$3,301$2,948$2,628$2,341$1,975
12 years$3,349$2,963$2,616$2,305$2,029$1,681
13 years$3,060$2,678$2,337$2,035$1,769$1,439
14 years$2,812$2,434$2,100$1,807$1,551$1,238
15 years$2,598$2,224$1,896$1,611$1,365$1,069
16 years$2,410$2,040$1,719$1,443$1,207$926
17 years$2,245$1,879$1,564$1,296$1,070$805
18 years$2,098$1,736$1,428$1,168$951$701
19 years$1,967$1,609$1,307$1,056$848$612
20 years$1,849$1,495$1,200$956$757$536
21 years$1,742$1,393$1,104$868$678$469
22 years$1,646$1,300$1,017$789$608$412
23 years$1,557$1,216$939$718$545$362
24 years$1,477$1,139$868$655$490$318
25 years$1,403$1,069$804$598$441$280
26 years$1,334$1,005$746$547$397$246
27 years$1,271$946$693$501$358$217
28 years$1,212$891$644$459$323$191
29 years$1,158$841$599$421$292$169
30 years$1,107$794$558$386$264$149
31 years$1,060$750$520$355$238$132
32 years$1,016$710$486$326$216$116
33 years$974$672$453$300$195$103
34 years$935$637$424$276$177$91
35 years$899$605$396$254$160$80
36 years$864$574$370$234$145$71
37 years$831$545$347$215$131$63
38 years$801$518$325$199$119$56
39 years$771$492$304$183$108$49
40 years$744$469$285$169$98$43
41 years$718$446$267$156$89$38
42 years$693$425$251$144$81$34
43 years$669$405$235$133$73$30
44 years$646$386$221$123$66$27
45 years$625$368$207$113$60$24
46 years$604$351$195$105$55$21
47 years$585$335$183$97$50$19
48 years$566$320$172$89$45$16
49 years$548$305$162$82$41$15
50 years$531$292$152$76$37$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $544,000, adding $4,460 every year, while hoping to spend $20,130 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: 24/49/27 Blend
49$544,000$544,000$544,000$544,000
50$604,088$575,256$566,824$613,362
51$644,287$582,026$564,395$628,292
52$687,912$588,452$561,209$642,283
53$735,290$594,498$557,221$656,848
54$786,783$600,122$552,381$672,049
55$842,788$605,280$546,639$687,953
56$903,741$609,928$539,941$704,638
57$970,124$614,016$532,230$722,189
58$1,042,466$617,492$523,448$740,705
59$1,121,348$620,299$513,534$760,292
60$1,207,411$622,379$502,423$781,073
61$1,301,360$623,670$490,048$803,182
62$1,403,973$624,103$476,339$826,772
63$1,516,103$623,609$461,221$852,010
64$1,638,692$622,112$444,618$879,086
65$1,772,775$619,532$426,449$908,210
66$1,919,492$615,784$406,630$939,617
67$2,080,101$610,778$385,072$973,568
68$2,255,984$604,418$361,685$1,010,354
69$2,448,663$596,604$336,370$1,050,299
70$2,659,817$587,228$309,029$1,093,764
71$2,891,292$576,176$279,555$1,141,149
72$3,145,124$563,328$247,840$1,192,901
73$3,423,552$548,557$213,768$1,249,513
74$3,729,045$531,726$177,220$1,311,538
75$4,064,321$512,695$138,071$1,379,584
76$4,432,375$491,310$96,189$1,454,330
77$4,836,506$467,413$51,440$1,536,528
78$5,280,347$440,834$3,681$1,627,014
79$5,767,901$411,394$0$1,726,711
80$6,303,578$378,903$0$1,850,268
81$6,892,236$343,162$0$1,987,218
82$7,539,226$303,959$0$2,137,804
83$8,250,444$261,070$0$2,303,471
84$9,032,387$214,260$0$2,485,815
85$9,892,210$163,278$0$2,686,600
86$10,837,798$107,862$0$2,907,775
87$11,877,839$47,732$0$3,151,496
88$13,021,904$0$0$3,420,141
89$14,280,537$0$0$3,725,724
90$15,665,359$0$0$4,090,369
91$17,189,171$0$0$4,491,723
92$18,866,079$0$0$4,933,516
93$20,711,626$0$0$5,419,857
94$22,742,937$0$0$5,955,272
95$24,978,881$0$0$6,544,752
96$27,440,250$0$0$7,193,792
97$30,149,955$0$0$7,908,451
98$33,133,240$0$0$8,695,404
99$36,417,922$0$0$9,562,005
100$40,034,652$0$0$10,516,359