Can I retire at age 50 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$47,235$46,814$46,404$46,003$45,612$45,268
2 years$23,384$22,948$22,526$22,117$21,720$21,373
3 years$15,434$14,997$14,576$14,171$13,780$13,441
4 years$11,460$11,024$10,608$10,209$9,828$9,499
5 years$9,077$8,643$8,232$7,842$7,471$7,154
6 years$7,488$7,058$6,653$6,271$5,912$5,606
7 years$6,354$5,927$5,528$5,156$4,808$4,515
8 years$5,503$5,081$4,688$4,325$3,989$3,707
9 years$4,842$4,424$4,038$3,684$3,359$3,090
10 years$4,314$3,899$3,521$3,176$2,862$2,605
11 years$3,882$3,471$3,099$2,764$2,461$2,216
12 years$3,522$3,116$2,751$2,424$2,133$1,899
13 years$3,218$2,816$2,458$2,140$1,860$1,637
14 years$2,957$2,559$2,208$1,900$1,630$1,418
15 years$2,731$2,338$1,994$1,694$1,436$1,234
16 years$2,534$2,145$1,808$1,517$1,269$1,077
17 years$2,360$1,976$1,645$1,363$1,125$944
18 years$2,206$1,825$1,501$1,228$1,000$829
19 years$2,068$1,692$1,375$1,110$892$729
20 years$1,944$1,572$1,261$1,005$796$643
21 years$1,832$1,464$1,160$912$713$568
22 years$1,730$1,367$1,069$830$639$502
23 years$1,638$1,278$987$755$573$445
24 years$1,553$1,198$913$689$515$394
25 years$1,475$1,124$846$629$464$350
26 years$1,403$1,056$784$575$418$311
27 years$1,336$994$728$527$377$276
28 years$1,275$937$677$483$340$246
29 years$1,218$884$630$442$307$219
30 years$1,164$835$587$406$277$195
31 years$1,115$789$547$373$251$174
32 years$1,068$747$511$343$227$155
33 years$1,024$707$477$315$205$138
34 years$983$670$445$290$186$123
35 years$945$636$416$267$168$110
36 years$908$603$390$246$152$98
37 years$874$573$365$227$138$88
38 years$842$545$341$209$125$78
39 years$811$518$320$193$114$70
40 years$782$493$300$178$103$62
41 years$754$469$281$164$93$56
42 years$728$447$264$151$85$50
43 years$703$426$247$140$77$44
44 years$680$406$232$129$70$40
45 years$657$387$218$119$63$36
46 years$635$369$205$110$58$32
47 years$615$352$192$102$52$28
48 years$595$336$181$94$48$25
49 years$576$321$170$87$43$23
50 years$558$307$160$80$39$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $572,000, adding $3,984 every year, while hoping to spend $25,016 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: 81/11/8 Blend
49$572,000$572,000$572,000$572,000
50$634,453$604,137$595,271$684,882
51$672,551$607,123$588,596$721,467
52$713,696$609,417$580,859$757,895
53$758,173$610,959$571,998$797,120
54$806,294$611,683$561,947$839,408
55$858,404$611,523$550,640$885,052
56$914,879$610,407$538,005$934,376
57$976,137$608,256$523,968$987,735
58$1,042,632$604,990$508,450$1,045,522
59$1,114,868$600,522$491,371$1,108,168
60$1,193,398$594,761$472,645$1,176,150
61$1,278,829$587,609$452,184$1,249,991
62$1,371,832$578,963$429,893$1,330,270
63$1,473,141$568,715$405,677$1,417,622
64$1,583,567$556,748$379,433$1,512,751
65$1,704,002$542,939$351,055$1,616,427
66$1,835,426$527,160$320,432$1,729,504
67$1,978,922$509,273$287,448$1,852,921
68$2,135,676$489,131$251,982$1,987,712
69$2,306,999$466,583$213,907$2,135,017
70$2,494,332$441,464$173,092$2,296,093
71$2,699,261$413,603$129,398$2,472,327
72$2,923,534$382,818$82,681$2,665,244
73$3,169,074$348,916$32,791$2,876,527
74$3,438,001$311,695$0$3,108,032
75$3,732,648$270,938$0$3,363,548
76$4,055,583$226,419$0$3,646,684
77$4,409,637$177,899$0$3,957,136
78$4,797,927$125,123$0$4,297,656
79$5,223,886$67,824$0$4,671,279
80$5,691,294$5,719$0$5,081,347
81$6,204,317$0$0$5,531,543
82$6,767,543$0$0$6,033,369
83$7,386,024$0$0$6,585,202
84$8,065,329$0$0$7,191,320
85$8,811,590$0$0$7,857,197
86$9,631,562$0$0$8,588,862
87$10,532,689$0$0$9,392,960
88$11,523,171$0$0$10,276,808
89$12,612,040$0$0$11,248,471
90$13,809,249$0$0$12,316,832
91$15,125,763$0$0$13,491,677
92$16,573,663$0$0$14,783,790
93$18,166,258$0$0$16,205,051
94$19,918,214$0$0$17,768,550
95$21,845,687$0$0$19,488,710
96$23,966,481$0$0$21,381,421
97$26,300,211$0$0$23,464,191
98$28,868,489$0$0$25,756,313
99$31,695,130$0$0$28,279,042
100$34,806,373$0$0$31,055,801