Can I retire at age 50 with 652,000?

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 $652,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$53,842$53,362$52,894$52,437$51,991$50,107
2 years$26,654$26,158$25,677$25,210$24,758$22,880
3 years$17,593$17,094$16,615$16,152$15,707$13,895
4 years$13,063$12,566$12,091$11,637$11,203$9,470
5 years$10,346$9,852$9,383$8,938$8,516$6,867
6 years$8,535$8,045$7,583$7,148$6,738$5,175
7 years$7,242$6,756$6,302$5,877$5,480$4,001
8 years$6,273$5,791$5,344$4,930$4,546$3,151
9 years$5,520$5,042$4,603$4,199$3,829$2,515
10 years$4,917$4,445$4,013$3,620$3,262$2,028
11 years$4,425$3,957$3,533$3,150$2,806$1,648
12 years$4,014$3,551$3,135$2,763$2,431$1,348
13 years$3,668$3,209$2,801$2,439$2,120$1,107
14 years$3,371$2,917$2,517$2,165$1,858$914
15 years$3,113$2,665$2,272$1,931$1,636$756
16 years$2,889$2,445$2,060$1,729$1,446$628
17 years$2,690$2,252$1,875$1,554$1,282$522
18 years$2,515$2,081$1,711$1,400$1,140$435
19 years$2,357$1,928$1,567$1,265$1,016$363
20 years$2,216$1,792$1,438$1,146$908$303
21 years$2,088$1,669$1,323$1,040$812$253
22 years$1,972$1,558$1,219$946$728$212
23 years$1,867$1,457$1,126$861$654$177
24 years$1,770$1,365$1,041$785$587$149
25 years$1,681$1,281$964$717$529$125
26 years$1,599$1,204$894$656$476$105
27 years$1,523$1,133$830$600$429$88
28 years$1,453$1,068$772$550$387$74
29 years$1,388$1,007$718$504$350$62
30 years$1,327$951$669$463$316$52
31 years$1,270$899$624$425$286$44
32 years$1,217$851$582$391$258$37
33 years$1,168$806$543$359$234$31
34 years$1,121$764$508$331$212$26
35 years$1,077$725$475$304$192$22
36 years$1,036$688$444$280$174$18
37 years$996$653$416$258$158$15
38 years$959$621$389$238$143$13
39 years$925$590$365$219$130$11
40 years$891$562$342$202$117$9
41 years$860$535$320$187$107$8
42 years$830$509$301$172$97$6
43 years$802$485$282$159$88$5
44 years$775$462$265$147$80$5
45 years$749$441$249$136$72$4
46 years$724$421$234$125$66$3
47 years$701$401$219$116$60$3
48 years$679$383$206$107$54$2
49 years$657$366$194$99$49$2
50 years$637$350$182$91$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $652,000, adding $3,820 every year, while hoping to spend $36,949 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: 60/19/21 Blend
49$652,000$652,000$652,000$652,000
50$722,444$687,888$677,782$761,580
51$756,820$682,281$661,175$782,942
52$793,464$675,161$642,772$801,853
53$832,568$666,415$622,476$821,660
54$874,343$655,923$600,182$842,454
55$919,020$643,557$575,782$864,340
56$966,853$629,183$549,163$887,433
57$1,018,118$612,659$520,206$911,863
58$1,073,120$593,834$488,787$937,776
59$1,132,194$572,547$454,777$965,331
60$1,195,706$548,631$418,041$994,708
61$1,264,060$521,905$378,437$1,026,108
62$1,337,697$492,182$335,817$1,059,754
63$1,417,103$459,259$290,028$1,095,893
64$1,502,812$422,927$240,908$1,134,801
65$1,595,409$382,962$188,290$1,176,784
66$1,695,540$339,126$131,997$1,222,185
67$1,803,913$291,171$71,846$1,271,381
68$1,921,305$238,831$7,646$1,324,793
69$2,048,573$181,829$0$1,382,888
70$2,186,659$119,870$0$1,459,824
71$2,336,596$52,642$0$1,545,253
72$2,499,525$0$0$1,638,145
73$2,676,697$0$0$1,743,481
74$2,869,491$0$0$1,870,126
75$3,079,423$0$0$2,008,076
76$3,308,160$0$0$2,158,434
77$3,557,540$0$0$2,322,413
78$3,829,583$0$0$2,501,349
79$4,126,514$0$0$2,696,710
80$4,450,780$0$0$2,910,115
81$4,805,077$0$0$3,143,345
82$5,192,373$0$0$3,398,361
83$5,615,934$0$0$3,677,322
84$6,079,357$0$0$3,982,605
85$6,586,603$0$0$4,316,829
86$7,142,033$0$0$4,682,875
87$7,750,451$0$0$5,083,918
88$8,417,145$0$0$5,523,455
89$9,147,940$0$0$6,005,335
90$9,949,253$0$0$6,533,800
91$10,828,148$0$0$7,113,519
92$11,792,409$0$0$7,749,638
93$12,850,608$0$0$8,447,822
94$14,012,187$0$0$9,214,315
95$15,287,549$0$0$10,055,992
96$16,688,149$0$0$10,980,427
97$18,226,612$0$0$11,995,964
98$19,916,839$0$0$13,111,795
99$21,774,150$0$0$14,338,047
100$23,815,420$0$0$15,685,875