Can I retire at age 50 with 715,000?

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 $715,000?

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$59,044$58,518$58,005$57,504$57,015$56,396
2 years$29,230$28,685$28,158$27,646$27,150$26,527
3 years$19,293$18,746$18,220$17,713$17,225$16,617
4 years$14,325$13,780$13,259$12,761$12,285$11,697
5 years$11,346$10,804$10,290$9,802$9,339$8,772
6 years$9,360$8,822$8,316$7,839$7,390$6,845
7 years$7,942$7,409$6,910$6,445$6,010$5,488
8 years$6,879$6,351$5,861$5,406$4,986$4,486
9 years$6,053$5,530$5,048$4,605$4,199$3,721
10 years$5,392$4,874$4,401$3,969$3,577$3,122
11 years$4,852$4,339$3,874$3,455$3,077$2,642
12 years$4,402$3,895$3,438$3,030$2,666$2,253
13 years$4,022$3,519$3,072$2,675$2,325$1,932
14 years$3,696$3,199$2,760$2,375$2,038$1,665
15 years$3,414$2,922$2,492$2,118$1,794$1,441
16 years$3,168$2,681$2,259$1,896$1,586$1,252
17 years$2,950$2,469$2,056$1,704$1,406$1,090
18 years$2,757$2,282$1,877$1,535$1,250$952
19 years$2,585$2,115$1,718$1,387$1,114$833
20 years$2,430$1,965$1,577$1,257$995$730
21 years$2,290$1,830$1,450$1,140$891$641
22 years$2,163$1,709$1,337$1,037$799$564
23 years$2,047$1,598$1,234$944$717$496
24 years$1,941$1,497$1,141$861$644$437
25 years$1,843$1,405$1,057$787$580$386
26 years$1,754$1,321$981$719$522$340
27 years$1,671$1,243$911$658$471$301
28 years$1,594$1,171$846$603$425$266
29 years$1,522$1,105$788$553$384$235
30 years$1,455$1,043$734$508$347$208
31 years$1,393$986$684$466$313$184
32 years$1,335$933$638$428$283$163
33 years$1,280$884$596$394$257$144
34 years$1,229$838$557$363$232$128
35 years$1,181$795$521$334$210$113
36 years$1,136$754$487$307$191$101
37 years$1,093$716$456$283$173$89
38 years$1,052$681$427$261$157$79
39 years$1,014$647$400$241$142$70
40 years$978$616$375$222$129$62
41 years$943$586$351$205$117$55
42 years$910$558$330$189$106$49
43 years$879$532$309$174$96$43
44 years$850$507$290$161$87$39
45 years$821$484$273$149$79$34
46 years$794$461$256$137$72$30
47 years$769$440$241$127$65$27
48 years$744$420$226$117$59$24
49 years$721$401$213$108$54$21
50 years$698$383$200$100$49$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $715,000, adding $3,231 every year, while hoping to spend $28,468 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: 78/9/13 Blend
49$715,000$715,000$715,000$715,000
50$791,263$753,368$742,285$850,699
51$841,682$759,993$736,862$896,903
52$896,290$765,989$730,303$943,611
53$955,483$771,294$722,540$994,036
54$1,019,699$775,844$713,502$1,048,539
55$1,089,418$779,570$703,114$1,107,515
56$1,165,168$782,399$691,298$1,171,402
57$1,247,531$784,252$677,972$1,240,680
58$1,337,145$785,046$663,050$1,315,880
59$1,434,714$784,694$646,442$1,397,587
60$1,541,013$783,102$628,056$1,486,445
61$1,656,892$780,170$607,792$1,583,162
62$1,783,291$775,794$585,549$1,688,522
63$1,921,240$769,861$561,218$1,803,387
64$2,071,875$762,253$534,688$1,928,707
65$2,236,447$752,845$505,841$2,065,529
66$2,416,333$741,502$474,555$2,215,007
67$2,613,048$728,085$440,701$2,378,415
68$2,828,261$712,442$404,146$2,557,153
69$3,063,808$694,417$364,750$2,752,768
70$3,321,714$673,841$322,367$2,966,965
71$3,604,207$650,537$276,844$3,201,619
72$3,913,740$624,317$228,022$3,458,803
73$4,253,015$594,982$175,734$3,740,797
74$4,625,008$562,322$119,807$4,050,117
75$5,032,998$526,115$60,059$4,389,535
76$5,480,594$486,125$0$4,762,106
77$5,971,773$442,103$0$5,171,713
78$6,510,915$393,788$0$5,630,479
79$7,102,846$340,901$0$6,134,184
80$7,752,879$283,148$0$6,687,370
81$8,466,871$220,221$0$7,295,039
82$9,251,270$151,790$0$7,962,706
83$10,113,183$77,511$0$8,696,444
84$11,060,437$0$0$9,502,948
85$12,101,656$0$0$10,389,889
86$13,246,340$0$0$11,373,429
87$14,504,957$0$0$12,454,889
88$15,889,039$0$0$13,644,181
89$17,411,291$0$0$14,952,226
90$19,085,712$0$0$16,391,056
91$20,927,727$0$0$17,973,929
92$22,954,327$0$0$19,715,450
93$25,184,238$0$0$21,631,715
94$27,638,090$0$0$23,740,455
95$30,338,615$0$0$26,061,209
96$33,310,858$0$0$28,615,506
97$36,582,417$0$0$31,427,066
98$40,183,702$0$0$34,522,029
99$44,148,219$0$0$37,929,194
100$48,512,890$0$0$41,680,296