Can I retire at age 50 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$47,483$47,060$46,647$46,245$45,851$44,154
2 years$23,506$23,069$22,644$22,233$21,834$20,143
3 years$15,515$15,076$14,652$14,245$13,852$12,221
4 years$11,520$11,082$10,663$10,263$9,880$8,321
5 years$9,124$8,689$8,275$7,883$7,510$6,028
6 years$7,527$7,095$6,687$6,304$5,943$4,537
7 years$6,387$5,958$5,557$5,183$4,833$3,504
8 years$5,532$5,107$4,713$4,348$4,009$2,756
9 years$4,868$4,447$4,059$3,703$3,377$2,197
10 years$4,336$3,920$3,539$3,192$2,877$1,769
11 years$3,902$3,489$3,116$2,778$2,474$1,436
12 years$3,540$3,132$2,765$2,437$2,144$1,173
13 years$3,234$2,830$2,470$2,151$1,870$962
14 years$2,973$2,573$2,220$1,910$1,639$793
15 years$2,746$2,350$2,004$1,703$1,443$655
16 years$2,547$2,156$1,817$1,525$1,275$543
17 years$2,373$1,986$1,653$1,370$1,131$451
18 years$2,218$1,835$1,509$1,235$1,006$375
19 years$2,079$1,701$1,382$1,116$896$312
20 years$1,954$1,580$1,268$1,011$801$261
21 years$1,842$1,472$1,166$917$716$218
22 years$1,739$1,374$1,075$834$642$182
23 years$1,646$1,285$993$759$576$152
24 years$1,561$1,204$918$693$518$127
25 years$1,482$1,130$850$633$466$106
26 years$1,410$1,062$789$578$420$89
27 years$1,343$999$732$529$379$75
28 years$1,282$942$681$485$342$62
29 years$1,224$888$633$445$308$52
30 years$1,170$839$590$408$279$44
31 years$1,120$793$550$375$252$37
32 years$1,074$751$513$345$228$31
33 years$1,030$711$479$317$206$26
34 years$989$674$448$292$187$22
35 years$950$639$419$268$169$18
36 years$913$606$392$247$153$15
37 years$879$576$367$228$139$13
38 years$846$547$343$210$126$11
39 years$815$521$322$194$114$9
40 years$786$495$301$179$104$8
41 years$758$471$283$165$94$6
42 years$732$449$265$152$85$5
43 years$707$428$249$140$77$4
44 years$683$408$234$130$70$4
45 years$660$389$219$120$64$3
46 years$639$371$206$111$58$3
47 years$618$354$193$102$53$2
48 years$598$338$182$94$48$2
49 years$579$323$171$87$43$2
50 years$561$308$161$81$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $575,000, adding $2,110 every year, while hoping to spend $32,099 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: 52/31/17 Blend
49$575,000$575,000$575,000$575,000
50$635,826$605,351$596,439$665,839
51$666,528$600,861$582,267$682,167
52$699,285$595,074$566,544$696,373
53$734,273$587,894$549,184$711,120
54$771,686$579,217$530,099$726,469
55$811,733$568,935$509,193$742,489
56$854,648$556,931$486,369$759,257
57$900,684$543,082$461,524$776,862
58$950,120$527,259$434,551$795,402
59$1,003,262$509,324$405,338$814,988
60$1,060,445$489,132$373,767$835,745
61$1,122,038$466,527$339,717$857,812
62$1,188,448$441,348$303,058$881,347
63$1,260,117$413,423$263,659$906,525
64$1,337,536$382,567$221,379$933,543
65$1,421,242$348,590$176,072$962,619
66$1,511,825$311,288$127,587$994,001
67$1,609,935$270,444$75,764$1,027,961
68$1,716,284$225,832$20,438$1,064,806
69$1,831,659$177,211$0$1,104,878
70$1,956,921$124,328$0$1,155,559
71$2,093,021$66,914$0$1,214,682
72$2,241,003$4,686$0$1,279,042
73$2,402,015$0$0$1,349,200
74$2,577,323$0$0$1,447,151
75$2,768,316$0$0$1,555,660
76$2,976,525$0$0$1,674,005
77$3,203,636$0$0$1,803,152
78$3,451,503$0$0$1,944,161
79$3,722,167$0$0$2,098,201
80$4,017,875$0$0$2,266,558
81$4,341,100$0$0$2,450,650
82$4,694,567$0$0$2,652,036
83$5,081,273$0$0$2,872,433
84$5,504,521$0$0$3,113,732
85$5,967,947$0$0$3,378,015
86$6,475,554$0$0$3,667,576
87$7,031,751$0$0$3,984,939
88$7,641,395$0$0$4,332,886
89$8,309,833$0$0$4,714,481
90$9,042,956$0$0$5,133,097
91$9,847,251$0$0$5,592,451
92$10,729,865$0$0$6,096,636
93$11,698,669$0$0$6,650,161
94$12,762,332$0$0$7,257,993
95$13,930,407$0$0$7,925,603
96$15,213,415$0$0$8,659,020
97$16,622,945$0$0$9,464,883
98$18,171,767$0$0$10,350,507
99$19,873,948$0$0$11,323,951
100$21,744,984$0$0$12,394,094