Can I retire at age 50 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$59,870$59,337$58,816$58,308$57,813$56,831
2 years$29,639$29,087$28,552$28,033$27,530$26,544
3 years$19,563$19,008$18,475$17,961$17,466$16,507
4 years$14,526$13,973$13,445$12,940$12,457$11,532
5 years$11,504$10,955$10,434$9,939$9,470$8,581
6 years$9,491$8,946$8,432$7,948$7,493$6,641
7 years$8,053$7,513$7,007$6,535$6,094$5,280
8 years$6,975$6,440$5,943$5,482$5,055$4,279
9 years$6,138$5,607$5,118$4,669$4,257$3,518
10 years$5,468$4,942$4,462$4,025$3,627$2,925
11 years$4,920$4,400$3,929$3,503$3,120$2,453
12 years$4,464$3,949$3,486$3,073$2,704$2,071
13 years$4,078$3,569$3,115$2,713$2,358$1,759
14 years$3,748$3,244$2,799$2,408$2,067$1,501
15 years$3,462$2,963$2,527$2,147$1,820$1,286
16 years$3,212$2,719$2,291$1,923$1,608$1,105
17 years$2,992$2,504$2,085$1,728$1,426$952
18 years$2,796$2,314$1,903$1,557$1,268$822
19 years$2,621$2,144$1,742$1,407$1,130$712
20 years$2,464$1,993$1,599$1,274$1,009$617
21 years$2,322$1,856$1,471$1,156$903$536
22 years$2,193$1,733$1,355$1,051$810$466
23 years$2,076$1,620$1,252$958$727$405
24 years$1,968$1,518$1,157$873$653$353
25 years$1,869$1,425$1,072$798$588$308
26 years$1,778$1,339$994$729$530$268
27 years$1,694$1,260$923$668$477$234
28 years$1,616$1,188$858$612$431$205
29 years$1,543$1,120$799$561$389$179
30 years$1,476$1,058$744$515$351$156
31 years$1,413$1,000$694$473$318$137
32 years$1,354$946$647$434$287$119
33 years$1,298$896$604$400$260$104
34 years$1,246$849$565$368$236$91
35 years$1,198$806$528$338$213$80
36 years$1,151$765$494$312$193$70
37 years$1,108$726$462$287$175$61
38 years$1,067$690$433$265$159$54
39 years$1,028$656$405$244$144$47
40 years$991$624$380$225$131$41
41 years$956$594$356$208$119$36
42 years$923$566$334$192$108$32
43 years$891$539$314$177$98$28
44 years$861$514$294$163$89$24
45 years$833$490$276$151$80$21
46 years$805$468$260$139$73$19
47 years$779$446$244$129$66$16
48 years$754$426$229$119$60$14
49 years$731$407$215$110$55$13
50 years$708$389$203$102$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $725,000, adding $3,142 every year, while hoping to spend $37,781 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: 41/33/26 Blend
49$725,000$725,000$725,000$725,000
50$802,191$763,766$752,528$828,835
51$843,816$760,992$737,539$845,551
52$888,420$756,815$720,782$859,840
53$936,268$751,128$702,157$874,572
54$987,649$743,815$681,561$889,811
55$1,042,881$734,754$658,885$905,629
56$1,102,313$723,815$634,016$922,108
57$1,166,329$710,862$606,836$939,342
58$1,235,349$695,749$577,219$957,438
59$1,309,835$678,322$545,037$976,518
60$1,390,297$658,418$510,154$996,717
61$1,477,292$635,865$472,429$1,018,190
62$1,571,433$610,480$431,713$1,041,112
63$1,673,396$582,070$387,852$1,065,679
64$1,783,922$550,431$340,684$1,092,112
65$1,903,826$515,346$290,042$1,120,660
66$2,034,006$476,588$235,748$1,151,602
67$2,175,448$433,914$177,618$1,185,251
68$2,329,237$387,069$115,462$1,221,956
69$2,496,567$335,784$49,078$1,262,111
70$2,678,752$279,772$0$1,306,153
71$2,877,237$218,733$0$1,360,613
72$3,093,614$152,349$0$1,434,920
73$3,329,631$80,284$0$1,516,120
74$3,587,218$2,182$0$1,604,960
75$3,868,494$0$0$1,702,268
76$4,175,795$0$0$1,838,859
77$4,511,691$0$0$1,989,117
78$4,879,012$0$0$2,153,525
79$5,280,874$0$0$2,333,491
80$5,720,709$0$0$2,530,563
81$6,202,295$0$0$2,746,447
82$6,729,791$0$0$2,983,020
83$7,307,781$0$0$3,242,352
84$7,941,309$0$0$3,526,720
85$8,635,933$0$0$3,838,633
86$9,397,774$0$0$4,180,855
87$10,233,573$0$0$4,556,431
88$11,150,757$0$0$4,968,713
89$12,157,504$0$0$5,421,395
90$13,262,825$0$0$5,918,545
91$14,476,644$0$0$6,464,646
92$15,809,894$0$0$7,064,635
93$17,274,620$0$0$7,723,952
94$18,884,089$0$0$8,448,589
95$20,652,919$0$0$9,245,148
96$22,597,214$0$0$10,120,902
97$24,734,714$0$0$11,083,864
98$27,084,965$0$0$12,142,864
99$29,669,502$0$0$13,307,628
100$32,512,051$0$0$14,588,872