Can I retire at age 50 with 637,000?

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 $637,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$52,603$52,134$51,677$51,231$50,795$49,668
2 years$26,041$25,556$25,086$24,630$24,188$23,059
3 years$17,188$16,701$16,232$15,781$15,346$14,249
4 years$12,763$12,277$11,813$11,369$10,945$9,889
5 years$10,108$9,625$9,167$8,733$8,320$7,308
6 years$8,339$7,860$7,409$6,984$6,583$5,617
7 years$7,076$6,601$6,157$5,742$5,354$4,433
8 years$6,129$5,658$5,221$4,816$4,442$3,566
9 years$5,393$4,926$4,497$4,103$3,741$2,909
10 years$4,804$4,342$3,921$3,536$3,187$2,399
11 years$4,323$3,866$3,452$3,078$2,741$1,995
12 years$3,922$3,470$3,063$2,700$2,375$1,671
13 years$3,583$3,136$2,737$2,383$2,071$1,407
14 years$3,293$2,850$2,459$2,116$1,816$1,190
15 years$3,042$2,604$2,220$1,887$1,599$1,010
16 years$2,822$2,389$2,013$1,689$1,413$860
17 years$2,629$2,200$1,832$1,518$1,253$734
18 years$2,457$2,033$1,672$1,368$1,114$628
19 years$2,303$1,884$1,531$1,236$993$539
20 years$2,165$1,751$1,405$1,120$887$462
21 years$2,040$1,631$1,292$1,016$794$397
22 years$1,927$1,522$1,191$924$711$342
23 years$1,824$1,424$1,100$841$639$295
24 years$1,729$1,334$1,017$767$574$254
25 years$1,642$1,252$942$701$516$219
26 years$1,562$1,177$874$641$465$189
27 years$1,488$1,107$811$586$419$163
28 years$1,420$1,043$754$537$378$141
29 years$1,356$984$702$493$342$122
30 years$1,297$930$654$452$309$106
31 years$1,241$879$609$415$279$91
32 years$1,189$831$569$382$253$79
33 years$1,141$787$531$351$229$68
34 years$1,095$746$496$323$207$59
35 years$1,052$708$464$297$187$51
36 years$1,012$672$434$274$170$44
37 years$974$638$406$252$154$38
38 years$937$606$380$233$140$33
39 years$903$577$356$214$127$29
40 years$871$549$334$198$115$25
41 years$840$522$313$182$104$22
42 years$811$497$294$168$94$19
43 years$783$474$276$155$86$16
44 years$757$452$259$144$78$14
45 years$732$431$243$133$71$12
46 years$708$411$228$122$64$11
47 years$685$392$214$113$58$9
48 years$663$374$201$105$53$8
49 years$642$357$189$97$48$7
50 years$622$341$178$89$44$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $637,000, adding $2,041 every year, while hoping to spend $58,285 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: 79/10/11 Blend
49$637,000$637,000$637,000$637,000
50$704,079$670,318$660,445$758,169
51$713,881$641,149$620,555$764,824
52$722,728$608,597$577,375$764,377
53$730,463$572,435$530,734$762,195
54$736,909$532,423$480,452$758,078
55$741,868$488,306$426,341$751,807
56$745,121$439,816$368,207$743,141
57$746,425$386,668$305,843$731,815
58$745,509$328,564$239,038$717,537
59$742,073$265,185$167,567$699,988
60$735,782$196,197$91,199$678,816
61$726,268$121,246$9,689$653,634
62$713,119$39,959$0$624,018
63$695,881$0$0$598,572
64$674,051$0$0$574,804
65$647,070$0$0$550,937
66$614,322$0$0$522,036
67$575,123$0$0$487,508
68$528,717$0$0$446,693
69$474,268$0$0$398,862
70$410,852$0$0$343,211
71$337,445$0$0$278,849
72$252,919$0$0$204,792
73$156,024$0$0$119,952
74$45,381$0$0$23,129
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0