Can I retire at age 50 with 549,000?

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 $549,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$45,336$44,932$44,538$44,154$43,778$42,343
2 years$22,444$22,026$21,620$21,228$20,847$19,414
3 years$14,814$14,394$13,990$13,601$13,226$11,842
4 years$11,000$10,581$10,181$9,799$9,433$8,107
5 years$8,712$8,296$7,901$7,526$7,171$5,907
6 years$7,187$6,774$6,385$6,019$5,674$4,473
7 years$6,098$5,689$5,306$4,948$4,614$3,477
8 years$5,282$4,876$4,500$4,151$3,828$2,752
9 years$4,648$4,246$3,876$3,536$3,224$2,209
10 years$4,140$3,742$3,379$3,048$2,747$1,791
11 years$3,726$3,332$2,975$2,653$2,362$1,464
12 years$3,380$2,990$2,640$2,327$2,047$1,205
13 years$3,088$2,702$2,359$2,054$1,785$996
14 years$2,838$2,456$2,119$1,823$1,565$827
15 years$2,622$2,244$1,913$1,626$1,378$689
16 years$2,432$2,059$1,735$1,456$1,218$575
17 years$2,265$1,896$1,579$1,308$1,080$482
18 years$2,117$1,752$1,441$1,179$960$404
19 years$1,985$1,624$1,319$1,065$856$339
20 years$1,866$1,509$1,211$965$764$285
21 years$1,758$1,405$1,114$876$684$240
22 years$1,661$1,312$1,026$796$613$202
23 years$1,572$1,227$948$725$550$171
24 years$1,490$1,150$876$661$495$144
25 years$1,415$1,079$812$604$445$122
26 years$1,346$1,014$753$552$401$103
27 years$1,283$954$699$505$362$87
28 years$1,224$899$650$463$326$73
29 years$1,169$848$605$425$295$62
30 years$1,118$801$563$390$266$52
31 years$1,070$757$525$358$241$44
32 years$1,025$717$490$329$218$38
33 years$983$679$458$303$197$32
34 years$944$643$427$278$178$27
35 years$907$610$400$256$162$23
36 years$872$579$374$236$146$19
37 years$839$550$350$217$133$16
38 years$808$523$328$200$120$14
39 years$778$497$307$185$109$12
40 years$751$473$288$170$99$10
41 years$724$450$270$157$90$8
42 years$699$429$253$145$81$7
43 years$675$408$238$134$74$6
44 years$652$389$223$124$67$5
45 years$631$371$209$114$61$4
46 years$610$354$197$106$55$4
47 years$590$338$185$97$50$3
48 years$571$323$174$90$46$3
49 years$553$308$163$83$41$2
50 years$536$294$153$77$38$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $549,000, adding $2,458 every year, while hoping to spend $26,491 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: 85/10/5 Blend
49$549,000$549,000$549,000$549,000
50$607,533$578,436$569,927$658,969
51$641,316$578,594$560,833$693,025
52$677,656$577,871$550,547$726,540
53$716,787$576,196$539,000$762,507
54$758,964$573,495$526,122$801,154
55$804,470$569,688$511,838$842,733
56$853,611$564,688$496,071$887,518
57$906,729$558,407$478,738$935,815
58$964,195$550,748$459,756$987,959
59$1,026,419$541,611$439,034$1,044,318
60$1,093,852$530,889$416,480$1,105,299
61$1,166,990$518,467$391,997$1,171,348
62$1,246,377$504,226$365,483$1,242,959
63$1,332,613$488,039$336,832$1,320,674
64$1,426,356$469,770$305,933$1,405,090
65$1,528,333$449,277$272,670$1,496,867
66$1,639,341$426,409$236,922$1,596,730
67$1,760,257$401,007$198,563$1,705,478
68$1,892,049$372,902$157,460$1,823,991
69$2,035,779$341,915$113,476$1,953,240
70$2,192,618$307,859$66,467$2,094,294
71$2,363,855$270,533$16,283$2,248,332
72$2,550,906$229,727$0$2,416,651
73$2,755,334$185,219$0$2,602,670
74$2,978,856$136,773$0$2,807,035
75$3,223,366$84,142$0$3,030,622
76$3,490,947$27,063$0$3,275,355
77$3,783,894$0$0$3,543,355
78$4,104,732$0$0$3,840,781
79$4,456,245$0$0$4,169,913
80$4,841,496$0$0$4,530,644
81$5,263,860$0$0$4,926,134
82$5,727,055$0$0$5,359,866
83$6,235,172$0$0$5,835,672
84$6,792,723$0$0$6,357,778
85$7,404,673$0$0$6,930,835
86$8,076,493$0$0$7,559,968
87$8,814,210$0$0$8,250,821
88$9,624,462$0$0$9,009,613
89$10,514,563$0$0$9,843,193
90$11,492,569$0$0$10,759,109
91$12,567,356$0$0$11,765,673
92$13,748,701$0$0$12,872,045
93$15,047,377$0$0$14,088,314
94$16,475,251$0$0$15,425,597
95$18,045,399$0$0$16,896,142
96$19,772,227$0$0$18,513,442
97$21,671,607$0$0$20,292,364
98$23,761,026$0$0$22,249,288
99$26,059,751$0$0$24,402,263
100$28,589,012$0$0$26,771,173