Can I retire at age 50 with 644,000?

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 $644,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$53,181$52,707$52,245$51,794$51,353$50,317
2 years$26,327$25,837$25,362$24,901$24,454$23,414
3 years$17,377$16,885$16,411$15,954$15,515$14,504
4 years$12,903$12,412$11,943$11,494$11,065$10,091
5 years$10,219$9,731$9,268$8,829$8,412$7,478
6 years$8,431$7,946$7,490$7,060$6,656$5,763
7 years$7,153$6,673$6,224$5,805$5,413$4,561
8 years$6,196$5,720$5,279$4,869$4,491$3,679
9 years$5,452$4,980$4,546$4,148$3,782$3,010
10 years$4,857$4,390$3,964$3,575$3,222$2,490
11 years$4,370$3,908$3,490$3,112$2,771$2,078
12 years$3,965$3,508$3,097$2,729$2,401$1,746
13 years$3,623$3,170$2,767$2,410$2,094$1,475
14 years$3,329$2,881$2,486$2,139$1,836$1,252
15 years$3,075$2,632$2,245$1,908$1,616$1,066
16 years$2,853$2,415$2,035$1,708$1,428$911
17 years$2,657$2,224$1,852$1,535$1,267$781
18 years$2,484$2,055$1,690$1,383$1,126$670
19 years$2,328$1,905$1,548$1,250$1,004$577
20 years$2,189$1,770$1,420$1,132$897$497
21 years$2,063$1,649$1,306$1,027$802$429
22 years$1,948$1,539$1,204$934$719$371
23 years$1,844$1,439$1,112$851$646$320
24 years$1,748$1,349$1,028$776$580$277
25 years$1,660$1,266$952$708$522$240
26 years$1,579$1,189$883$648$470$208
27 years$1,505$1,119$820$593$424$181
28 years$1,435$1,055$762$543$383$157
29 years$1,371$995$709$498$346$136
30 years$1,311$940$661$457$312$118
31 years$1,255$888$616$420$282$103
32 years$1,202$841$575$386$255$89
33 years$1,153$796$537$355$231$77
34 years$1,107$754$501$327$209$67
35 years$1,064$716$469$301$189$58
36 years$1,023$679$439$277$172$51
37 years$984$645$411$255$156$44
38 years$948$613$384$235$141$38
39 years$913$583$360$217$128$33
40 years$880$555$338$200$116$29
41 years$849$528$317$184$105$25
42 years$820$503$297$170$96$22
43 years$792$479$279$157$87$19
44 years$765$457$262$145$79$17
45 years$740$435$246$134$71$14
46 years$715$415$231$124$65$13
47 years$692$396$217$114$59$11
48 years$670$378$204$106$53$10
49 years$649$361$191$98$49$8
50 years$629$345$180$90$44$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $644,000, adding $4,972 every year, while hoping to spend $30,451 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: 51/44/5 Blend
49$644,000$644,000$644,000$644,000
50$714,817$680,685$670,703$750,191
51$755,328$681,639$660,772$775,710
52$798,952$681,619$649,487$799,712
53$845,972$680,545$636,772$825,065
54$896,702$678,333$622,545$851,902
55$951,487$674,892$606,721$880,370
56$1,010,704$670,128$589,212$910,635
57$1,074,770$663,938$569,925$942,877
58$1,144,141$656,215$548,762$977,299
59$1,219,319$646,846$525,622$1,014,127
60$1,300,858$635,710$500,399$1,053,608
61$1,389,365$622,679$472,981$1,096,021
62$1,485,508$607,618$443,254$1,141,672
63$1,590,022$590,384$411,095$1,190,903
64$1,703,716$570,824$376,378$1,244,090
65$1,827,479$548,778$338,970$1,301,654
66$1,962,290$524,077$298,734$1,364,059
67$2,109,227$496,540$255,525$1,431,820
68$2,269,475$465,977$209,192$1,505,508
69$2,444,340$432,188$159,578$1,585,756
70$2,635,256$394,959$106,518$1,673,264
71$2,843,807$354,067$49,841$1,768,809
72$3,071,732$309,273$0$1,873,250
73$3,320,948$260,327$0$1,988,107
74$3,593,565$206,963$0$2,116,740
75$3,891,906$148,901$0$2,257,664
76$4,218,529$85,846$0$2,412,180
77$4,576,252$17,486$0$2,581,727
78$4,968,177$0$0$2,767,897
79$5,397,720$0$0$2,999,810
80$5,868,644$0$0$3,263,413
81$6,385,094$0$0$3,552,570
82$6,951,634$0$0$3,869,843
83$7,573,292$0$0$4,218,058
84$8,255,606$0$0$4,600,326
85$9,004,675$0$0$5,020,074
86$9,827,220$0$0$5,481,078
87$10,730,643$0$0$5,987,496
88$11,723,097$0$0$6,543,910
89$12,813,567$0$0$7,155,368
90$14,011,948$0$0$7,827,429
91$15,329,144$0$0$8,566,221
92$16,777,164$0$0$9,378,492
93$18,369,242$0$0$10,271,678
94$20,119,958$0$0$11,253,971
95$22,045,375$0$0$12,334,397
96$24,163,188$0$0$13,522,901
97$26,492,899$0$0$14,830,440
98$29,055,989$0$0$16,269,086
99$31,876,130$0$0$17,852,142
100$34,979,403$0$0$19,594,263