Can I retire at age 50 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$54,915$54,426$53,949$53,483$53,028$51,809
2 years$27,186$26,679$26,189$25,713$25,251$24,030
3 years$17,944$17,435$16,946$16,475$16,021$14,835
4 years$13,324$12,817$12,332$11,869$11,426$10,285
5 years$10,552$10,049$9,570$9,117$8,686$7,593
6 years$8,705$8,205$7,734$7,291$6,873$5,830
7 years$7,387$6,891$6,427$5,994$5,589$4,596
8 years$6,398$5,907$5,451$5,028$4,637$3,692
9 years$5,630$5,143$4,695$4,283$3,905$3,008
10 years$5,015$4,533$4,093$3,692$3,327$2,478
11 years$4,513$4,036$3,603$3,213$2,862$2,058
12 years$4,094$3,622$3,198$2,818$2,480$1,721
13 years$3,741$3,273$2,857$2,488$2,162$1,448
14 years$3,438$2,975$2,567$2,209$1,896$1,223
15 years$3,175$2,718$2,318$1,970$1,669$1,036
16 years$2,946$2,494$2,101$1,764$1,475$881
17 years$2,744$2,297$1,912$1,585$1,308$751
18 years$2,565$2,122$1,746$1,428$1,163$642
19 years$2,404$1,967$1,598$1,290$1,037$549
20 years$2,260$1,828$1,467$1,169$926$471
21 years$2,130$1,702$1,349$1,061$829$404
22 years$2,012$1,589$1,243$964$743$347
23 years$1,904$1,486$1,148$878$667$299
24 years$1,805$1,393$1,062$801$599$257
25 years$1,714$1,307$983$732$539$221
26 years$1,631$1,228$912$669$486$191
27 years$1,554$1,156$847$612$438$165
28 years$1,482$1,089$787$561$395$142
29 years$1,416$1,028$733$514$357$123
30 years$1,354$970$682$472$322$106
31 years$1,296$917$636$434$291$91
32 years$1,242$868$594$398$264$79
33 years$1,191$822$554$366$239$68
34 years$1,143$779$518$337$216$59
35 years$1,098$739$484$310$196$51
36 years$1,056$701$453$286$177$44
37 years$1,016$666$424$263$161$38
38 years$979$633$397$243$146$33
39 years$943$602$372$224$132$28
40 years$909$573$349$206$120$25
41 years$877$545$327$190$109$21
42 years$847$519$307$176$99$18
43 years$818$495$288$162$90$16
44 years$790$472$270$150$81$14
45 years$764$450$254$138$74$12
46 years$739$429$238$128$67$10
47 years$715$409$224$118$61$9
48 years$692$391$210$109$55$8
49 years$670$373$198$101$50$7
50 years$649$357$186$93$46$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $665,000, adding $6,559 every year, while hoping to spend $26,262 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: 59/32/9 Blend
49$665,000$665,000$665,000$665,000
50$739,596$704,351$694,043$781,329
51$787,092$710,921$689,351$816,717
52$838,552$716,934$683,621$851,731
53$894,354$722,333$676,792$889,261
54$954,911$727,060$668,797$929,551
55$1,020,679$731,053$659,569$972,869
56$1,092,158$734,244$649,035$1,019,514
57$1,169,901$736,565$637,120$1,069,813
58$1,254,513$737,939$623,746$1,124,127
59$1,346,662$738,287$608,830$1,182,856
60$1,447,082$737,523$592,287$1,246,441
61$1,556,582$735,559$574,025$1,315,369
62$1,676,050$732,298$553,952$1,390,178
63$1,806,466$727,640$531,968$1,471,461
64$1,948,907$721,476$507,971$1,559,873
65$2,104,560$713,692$481,852$1,656,137
66$2,274,731$704,169$453,500$1,761,052
67$2,460,857$692,777$422,796$1,875,498
68$2,664,523$679,382$389,618$2,000,449
69$2,887,472$663,839$353,837$2,136,978
70$3,131,623$645,996$315,320$2,286,269
71$3,399,090$625,692$273,925$2,449,630
72$3,692,203$602,756$229,507$2,628,505
73$4,013,525$577,008$181,913$2,824,485
74$4,365,881$548,258$130,983$3,039,329
75$4,752,380$516,302$76,551$3,274,975
76$5,176,450$480,927$18,442$3,533,563
77$5,641,863$441,908$0$3,817,454
78$6,152,777$399,006$0$4,133,438
79$6,713,771$351,968$0$4,482,367
80$7,329,889$300,527$0$4,865,657
81$8,006,687$244,403$0$5,286,827
82$8,750,287$183,296$0$5,749,757
83$9,567,432$116,893$0$6,258,726
84$10,465,551$44,862$0$6,818,452
85$11,452,828$0$0$7,434,139
86$12,538,282$0$0$8,123,198
87$13,731,846$0$0$8,898,317
88$15,044,464$0$0$9,750,815
89$16,488,197$0$0$10,688,532
90$18,076,331$0$0$11,720,104
91$19,823,504$0$0$12,855,048
92$21,745,845$0$0$14,103,851
93$23,861,125$0$0$15,478,067
94$26,188,927$0$0$16,990,424
95$28,750,823$0$0$18,654,949
96$31,570,589$0$0$20,487,099
97$34,674,416$0$0$22,503,902
98$38,091,168$0$0$24,724,124
99$41,852,648$0$0$27,168,440
100$45,993,898$0$0$29,859,633