Can I retire at age 50 with 633,000?

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 $633,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$52,273$51,807$51,353$50,909$50,476$49,136
2 years$25,877$25,396$24,928$24,476$24,036$22,696
3 years$17,080$16,596$16,130$15,682$15,250$13,950
4 years$12,683$12,200$11,739$11,298$10,876$9,628
5 years$10,045$9,565$9,110$8,678$8,268$7,075
6 years$8,287$7,811$7,362$6,940$6,542$5,405
7 years$7,031$6,559$6,118$5,706$5,320$4,239
8 years$6,090$5,622$5,188$4,786$4,414$3,388
9 years$5,359$4,895$4,469$4,077$3,717$2,745
10 years$4,774$4,315$3,896$3,514$3,167$2,249
11 years$4,296$3,841$3,430$3,058$2,724$1,857
12 years$3,897$3,448$3,044$2,683$2,360$1,544
13 years$3,561$3,116$2,720$2,368$2,058$1,291
14 years$3,272$2,832$2,444$2,102$1,804$1,083
15 years$3,023$2,587$2,206$1,875$1,589$913
16 years$2,804$2,374$2,000$1,679$1,404$771
17 years$2,612$2,186$1,820$1,508$1,245$653
18 years$2,441$2,020$1,662$1,359$1,107$554
19 years$2,289$1,872$1,521$1,228$987$471
20 years$2,151$1,740$1,396$1,112$881$401
21 years$2,027$1,621$1,284$1,010$789$342
22 years$1,915$1,513$1,183$918$707$292
23 years$1,812$1,415$1,093$836$635$249
24 years$1,718$1,326$1,011$763$570$213
25 years$1,632$1,244$936$696$513$182
26 years$1,552$1,169$868$637$462$156
27 years$1,479$1,100$806$583$417$133
28 years$1,411$1,037$749$534$376$114
29 years$1,348$978$697$490$340$98
30 years$1,289$924$650$449$307$84
31 years$1,233$873$606$413$277$72
32 years$1,182$826$565$379$251$62
33 years$1,134$782$528$349$227$53
34 years$1,088$742$493$321$206$45
35 years$1,046$703$461$295$186$39
36 years$1,005$668$431$272$169$33
37 years$967$634$403$251$153$29
38 years$932$603$378$231$139$25
39 years$898$573$354$213$126$21
40 years$865$545$332$197$114$18
41 years$835$519$311$181$103$16
42 years$806$494$292$167$94$13
43 years$778$471$274$154$85$11
44 years$752$449$257$143$77$10
45 years$727$428$241$132$70$8
46 years$703$408$227$122$64$7
47 years$680$390$213$112$58$6
48 years$659$372$200$104$53$5
49 years$638$355$188$96$48$5
50 years$618$339$177$89$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $633,000, adding $2,179 every year, while hoping to spend $33,713 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: 54/41/5 Blend
49$633,000$633,000$633,000$633,000
50$699,814$666,265$656,453$736,748
51$735,324$663,041$642,574$758,706
52$773,327$658,530$627,100$778,667
53$814,041$652,632$609,942$799,561
54$857,705$645,243$591,007$821,481
55$904,583$636,252$570,198$844,530
56$954,963$625,541$547,412$868,824
57$1,009,162$612,986$522,544$894,494
58$1,067,529$598,454$495,481$921,683
59$1,130,445$581,807$466,108$950,554
60$1,198,331$562,896$434,303$981,285
61$1,271,647$541,564$399,939$1,014,079
62$1,350,901$517,647$362,882$1,049,158
63$1,436,650$490,968$322,995$1,086,772
64$1,529,505$461,342$280,133$1,127,198
65$1,630,140$428,574$234,143$1,170,744
66$1,739,297$392,456$184,869$1,217,754
67$1,857,787$352,769$132,145$1,268,611
68$1,986,508$309,282$75,798$1,323,737
69$2,126,445$261,749$15,650$1,383,606
70$2,278,680$209,912$0$1,448,741
71$2,444,406$153,499$0$1,522,314
72$2,624,935$92,220$0$1,603,441
73$2,821,711$25,771$0$1,692,014
74$3,036,323$0$0$1,788,841
75$3,270,519$0$0$1,915,645
76$3,526,224$0$0$2,066,848
77$3,805,559$0$0$2,232,080
78$4,110,854$0$0$2,412,731
79$4,444,679$0$0$2,610,326
80$4,809,862$0$0$2,826,549
81$5,209,516$0$0$3,063,250
82$5,647,069$0$0$3,322,469
83$6,126,298$0$0$3,606,452
84$6,651,360$0$0$3,917,672
85$7,226,833$0$0$4,258,851
86$7,857,762$0$0$4,632,991
87$8,549,699$0$0$5,043,395
88$9,308,764$0$0$5,493,701
89$10,141,693$0$0$5,987,919
90$11,055,909$0$0$6,530,464
91$12,059,588$0$0$7,126,200
92$13,161,736$0$0$7,780,484
93$14,372,272$0$0$8,499,218
94$15,702,127$0$0$9,288,905
95$17,163,339$0$0$10,156,707
96$18,769,172$0$0$11,110,515
97$20,534,238$0$0$12,159,024
98$22,474,635$0$0$13,311,809
99$24,608,098$0$0$14,579,425
100$26,954,168$0$0$15,973,497