Can I retire at age 50 with 725,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.8%
1 years$59,870$59,337$58,816$58,308$57,813$55,984
2 years$29,639$29,087$28,552$28,033$27,530$25,704
3 years$19,563$19,008$18,475$17,961$17,466$15,701
4 years$14,526$13,973$13,445$12,940$12,457$10,765
5 years$11,504$10,955$10,434$9,939$9,470$7,856
6 years$9,491$8,946$8,432$7,948$7,493$5,959
7 years$8,053$7,513$7,007$6,535$6,094$4,640
8 years$6,975$6,440$5,943$5,482$5,055$3,680
9 years$6,138$5,607$5,118$4,669$4,257$2,959
10 years$5,468$4,942$4,462$4,025$3,627$2,404
11 years$4,920$4,400$3,929$3,503$3,120$1,969
12 years$4,464$3,949$3,486$3,073$2,704$1,623
13 years$4,078$3,569$3,115$2,713$2,358$1,345
14 years$3,748$3,244$2,799$2,408$2,067$1,119
15 years$3,462$2,963$2,527$2,147$1,820$934
16 years$3,212$2,719$2,291$1,923$1,608$782
17 years$2,992$2,504$2,085$1,728$1,426$656
18 years$2,796$2,314$1,903$1,557$1,268$551
19 years$2,621$2,144$1,742$1,407$1,130$464
20 years$2,464$1,993$1,599$1,274$1,009$391
21 years$2,322$1,856$1,471$1,156$903$330
22 years$2,193$1,733$1,355$1,051$810$279
23 years$2,076$1,620$1,252$958$727$236
24 years$1,968$1,518$1,157$873$653$199
25 years$1,869$1,425$1,072$798$588$169
26 years$1,778$1,339$994$729$530$143
27 years$1,694$1,260$923$668$477$121
28 years$1,616$1,188$858$612$431$103
29 years$1,543$1,120$799$561$389$87
30 years$1,476$1,058$744$515$351$74
31 years$1,413$1,000$694$473$318$62
32 years$1,354$946$647$434$287$53
33 years$1,298$896$604$400$260$45
34 years$1,246$849$565$368$236$38
35 years$1,198$806$528$338$213$32
36 years$1,151$765$494$312$193$27
37 years$1,108$726$462$287$175$23
38 years$1,067$690$433$265$159$20
39 years$1,028$656$405$244$144$17
40 years$991$624$380$225$131$14
41 years$956$594$356$208$119$12
42 years$923$566$334$192$108$10
43 years$891$539$314$177$98$9
44 years$861$514$294$163$89$7
45 years$833$490$276$151$80$6
46 years$805$468$260$139$73$5
47 years$779$446$244$129$66$5
48 years$754$426$229$119$60$4
49 years$731$407$215$110$55$3
50 years$708$389$203$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $725,000, adding $2,532 every year, while hoping to spend $45,397 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: 62/26/12 Blend
49$725,000$725,000$725,000$725,000
50$801,562$763,137$751,899$848,839
51$835,019$752,228$728,786$869,929
52$870,367$739,264$703,377$887,515
53$907,752$724,095$675,547$905,595
54$947,331$706,564$645,166$924,217
55$989,277$686,504$612,097$943,437
56$1,033,779$663,738$576,198$963,319
57$1,081,043$638,080$537,320$983,935
58$1,131,296$609,332$495,306$1,005,365
59$1,184,784$577,286$449,995$1,027,701
60$1,241,778$541,719$401,215$1,051,047
61$1,302,573$502,397$348,791$1,075,520
62$1,367,496$459,074$292,535$1,101,251
63$1,436,900$411,489$232,254$1,128,387
64$1,511,176$359,364$167,747$1,157,096
65$1,590,751$302,408$98,802$1,187,562
66$1,676,093$240,312$25,198$1,219,995
67$1,767,718$172,751$0$1,254,629
68$1,866,190$99,380$0$1,298,558
69$1,972,128$19,836$0$1,349,131
70$2,086,212$0$0$1,403,478
71$2,209,191$0$0$1,480,958
72$2,341,884$0$0$1,570,723
73$2,485,193$0$0$1,667,713
74$2,640,110$0$0$1,772,605
75$2,807,723$0$0$1,886,141
76$2,989,230$0$0$2,009,139
77$3,185,947$0$0$2,142,498
78$3,399,321$0$0$2,287,204
79$3,630,944$0$0$2,444,345
80$3,882,567$0$0$2,615,115
81$4,156,115$0$0$2,800,829
82$4,453,707$0$0$3,002,934
83$4,777,674$0$0$3,223,021
84$5,130,581$0$0$3,462,841
85$5,515,251$0$0$3,724,321
86$5,934,789$0$0$4,009,583
87$6,392,615$0$0$4,320,961
88$6,892,492$0$0$4,661,025
89$7,438,564$0$0$5,032,605
90$8,035,390$0$0$5,438,814
91$8,687,993$0$0$5,883,083
92$9,401,900$0$0$6,369,187
93$10,183,200$0$0$6,901,283
94$11,038,595$0$0$7,483,950
95$11,975,466$0$0$8,122,229
96$13,001,943$0$0$8,821,673
97$14,126,977$0$0$9,588,395
98$15,360,428$0$0$10,429,131
99$16,713,155$0$0$11,351,298
100$18,197,117$0$0$12,363,065