Can I retire at age 50 with 719,000?

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 $719,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$59,374$58,845$58,329$57,826$57,334$55,454
2 years$29,393$28,846$28,315$27,801$27,302$25,426
3 years$19,401$18,851$18,322$17,812$17,321$15,508
4 years$14,406$13,858$13,334$12,833$12,354$10,617
5 years$11,409$10,864$10,347$9,857$9,391$7,736
6 years$9,412$8,872$8,362$7,883$7,431$5,858
7 years$7,987$7,450$6,949$6,481$6,043$4,553
8 years$6,918$6,386$5,893$5,436$5,014$3,605
9 years$6,087$5,560$5,076$4,631$4,222$2,893
10 years$5,422$4,901$4,425$3,992$3,597$2,346
11 years$4,879$4,363$3,896$3,474$3,094$1,918
12 years$4,427$3,916$3,458$3,047$2,681$1,578
13 years$4,044$3,539$3,089$2,690$2,338$1,304
14 years$3,717$3,217$2,776$2,388$2,049$1,083
15 years$3,433$2,939$2,506$2,130$1,805$902
16 years$3,185$2,696$2,272$1,907$1,595$753
17 years$2,967$2,483$2,067$1,713$1,414$631
18 years$2,773$2,295$1,887$1,544$1,257$529
19 years$2,600$2,127$1,728$1,395$1,121$444
20 years$2,444$1,976$1,586$1,264$1,001$374
21 years$2,303$1,841$1,459$1,147$896$315
22 years$2,175$1,718$1,344$1,043$803$265
23 years$2,058$1,607$1,241$950$721$224
24 years$1,952$1,506$1,148$866$648$189
25 years$1,854$1,413$1,063$791$583$159
26 years$1,763$1,328$986$723$525$135
27 years$1,680$1,250$916$662$473$114
28 years$1,602$1,178$851$607$427$96
29 years$1,531$1,111$792$556$386$81
30 years$1,464$1,049$738$510$349$69
31 years$1,401$992$688$469$315$58
32 years$1,342$939$642$431$285$49
33 years$1,288$889$599$396$258$42
34 years$1,236$842$560$365$234$35
35 years$1,188$799$523$336$212$30
36 years$1,142$758$490$309$192$25
37 years$1,099$720$458$285$174$21
38 years$1,058$684$429$262$157$18
39 years$1,020$651$402$242$143$15
40 years$983$619$377$223$130$13
41 years$948$589$353$206$118$11
42 years$915$561$332$190$107$9
43 years$884$535$311$175$97$8
44 years$854$510$292$162$88$7
45 years$826$486$274$150$80$6
46 years$799$464$258$138$72$5
47 years$773$443$242$128$66$4
48 years$748$423$227$118$60$3
49 years$725$404$214$109$54$3
50 years$702$385$201$101$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $719,000, adding $4,688 every year, while hoping to spend $53,581 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: 33/46/21 Blend
49$719,000$719,000$719,000$719,000
50$797,174$759,067$747,922$818,200
51$821,476$739,251$715,968$814,451
52$846,461$716,669$681,147$805,197
53$872,142$691,128$643,308$794,116
54$898,531$662,424$602,290$781,081
55$925,642$630,344$557,927$765,956
56$953,485$594,658$510,045$748,598
57$982,071$555,126$458,462$728,855
58$1,011,409$511,495$402,987$706,567
59$1,041,509$463,494$343,424$681,565
60$1,072,377$410,840$279,563$653,668
61$1,104,020$353,232$211,189$622,688
62$1,136,442$290,352$138,075$588,423
63$1,169,645$221,865$59,987$550,661
64$1,203,629$147,416$0$509,179
65$1,238,392$66,632$0$468,971
66$1,273,929$0$0$439,239
67$1,310,230$0$0$416,892
68$1,347,285$0$0$428,490
69$1,385,077$0$0$440,298
70$1,423,585$0$0$452,305
71$1,462,784$0$0$464,500
72$1,502,642$0$0$476,870
73$1,543,121$0$0$489,398
74$1,584,176$0$0$502,068
75$1,625,754$0$0$514,856
76$1,667,792$0$0$527,738
77$1,710,219$0$0$540,686
78$1,752,952$0$0$553,666
79$1,795,894$0$0$566,642
80$1,838,937$0$0$579,572
81$1,881,956$0$0$592,407
82$1,924,809$0$0$605,094
83$1,967,337$0$0$617,571
84$2,009,357$0$0$629,769
85$2,050,666$0$0$641,611
86$2,091,034$0$0$653,011
87$2,130,203$0$0$663,872
88$2,167,881$0$0$674,084
89$2,203,746$0$0$683,526
90$2,237,433$0$0$692,064
91$2,268,537$0$0$699,544
92$2,296,604$0$0$705,800
93$2,321,129$0$0$710,643
94$2,341,550$0$0$713,866
95$2,357,239$0$0$715,235
96$2,367,498$0$0$714,493
97$2,371,554$0$0$711,354
98$2,368,545$0$0$705,500
99$2,357,513$0$0$696,579
100$2,337,399$0$0$684,201