Can I retire at age 50 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$54,750$54,262$53,786$53,322$52,869$52,295
2 years$27,104$26,599$26,110$25,636$25,176$24,598
3 years$17,890$17,383$16,895$16,425$15,972$15,409
4 years$13,284$12,778$12,295$11,833$11,392$10,846
5 years$10,521$10,018$9,542$9,089$8,660$8,134
6 years$8,679$8,181$7,711$7,269$6,852$6,347
7 years$7,365$6,870$6,408$5,976$5,573$5,088
8 years$6,379$5,889$5,434$5,013$4,623$4,160
9 years$5,613$5,127$4,681$4,270$3,893$3,450
10 years$5,000$4,520$4,081$3,681$3,317$2,895
11 years$4,499$4,023$3,593$3,203$2,853$2,450
12 years$4,082$3,611$3,188$2,810$2,472$2,089
13 years$3,729$3,264$2,849$2,481$2,156$1,792
14 years$3,427$2,966$2,559$2,202$1,890$1,544
15 years$3,166$2,710$2,311$1,964$1,664$1,336
16 years$2,937$2,486$2,095$1,758$1,471$1,161
17 years$2,736$2,290$1,906$1,580$1,304$1,011
18 years$2,557$2,116$1,740$1,424$1,159$883
19 years$2,397$1,961$1,593$1,287$1,033$772
20 years$2,253$1,822$1,462$1,165$923$677
21 years$2,123$1,697$1,345$1,057$826$594
22 years$2,006$1,584$1,240$962$740$523
23 years$1,898$1,482$1,144$876$665$460
24 years$1,800$1,388$1,058$799$597$405
25 years$1,709$1,303$980$729$538$358
26 years$1,626$1,225$909$667$484$316
27 years$1,549$1,152$844$610$437$279
28 years$1,478$1,086$785$559$394$246
29 years$1,411$1,024$730$513$356$218
30 years$1,350$968$680$471$321$193
31 years$1,292$915$634$432$291$171
32 years$1,238$865$592$397$263$151
33 years$1,187$820$553$365$238$134
34 years$1,140$777$516$336$215$119
35 years$1,095$737$483$309$195$105
36 years$1,053$699$452$285$177$93
37 years$1,013$664$423$263$160$83
38 years$976$631$396$242$145$73
39 years$940$600$371$223$132$65
40 years$906$571$348$206$119$58
41 years$874$544$326$190$108$51
42 years$844$518$306$175$98$45
43 years$815$493$287$162$89$40
44 years$788$470$269$149$81$36
45 years$762$448$253$138$74$32
46 years$737$428$237$127$67$28
47 years$713$408$223$118$61$25
48 years$690$390$210$109$55$22
49 years$668$372$197$101$50$20
50 years$647$355$185$93$45$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $663,000, adding $4,821 every year, while hoping to spend $56,563 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: 86/8/6 Blend
49$663,000$663,000$663,000$663,000
50$735,599$700,460$690,183$798,257
51$750,447$674,600$653,122$813,963
52$764,915$645,577$612,923$822,923
53$778,902$613,176$569,422$830,946
54$792,299$577,171$522,447$837,897
55$804,982$537,321$471,818$843,628
56$816,813$493,372$417,346$847,975
57$827,636$445,056$358,836$850,757
58$837,280$392,089$296,082$851,774
59$845,553$334,171$228,870$850,806
60$852,239$270,985$156,977$847,610
61$857,102$202,198$80,170$841,918
62$859,875$127,454$0$833,433
63$860,265$46,382$0$821,945
64$857,944$0$0$812,465
65$852,549$0$0$803,120
66$843,677$0$0$794,559
67$830,882$0$0$782,275
68$813,667$0$0$765,798
69$791,485$0$0$744,608
70$763,728$0$0$718,128
71$729,721$0$0$685,721
72$688,721$0$0$646,680
73$639,903$0$0$600,224
74$582,355$0$0$545,488
75$515,068$0$0$481,517
76$436,927$0$0$407,253
77$346,699$0$0$321,527
78$243,023$0$0$223,048
79$124,391$0$0$110,390
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