Can I retire at age 50 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$59,952$59,418$58,897$58,389$57,892$56,793
2 years$29,679$29,127$28,591$28,072$27,568$26,465
3 years$19,590$19,035$18,500$17,986$17,490$16,417
4 years$14,546$13,992$13,463$12,958$12,474$11,440
5 years$11,520$10,970$10,448$9,953$9,483$8,490
6 years$9,504$8,958$8,444$7,959$7,503$6,554
7 years$8,064$7,523$7,017$6,544$6,102$5,196
8 years$6,985$6,449$5,951$5,489$5,062$4,199
9 years$6,146$5,615$5,125$4,676$4,263$3,442
10 years$5,475$4,949$4,468$4,031$3,632$2,852
11 years$4,927$4,406$3,934$3,508$3,124$2,384
12 years$4,470$3,954$3,491$3,077$2,707$2,007
13 years$4,084$3,574$3,119$2,716$2,361$1,699
14 years$3,753$3,248$2,803$2,411$2,069$1,445
15 years$3,467$2,967$2,530$2,150$1,822$1,233
16 years$3,216$2,723$2,294$1,925$1,610$1,056
17 years$2,996$2,507$2,088$1,730$1,428$907
18 years$2,800$2,317$1,906$1,559$1,270$781
19 years$2,625$2,147$1,745$1,409$1,132$673
20 years$2,467$1,995$1,601$1,276$1,011$581
21 years$2,325$1,859$1,473$1,158$905$503
22 years$2,196$1,735$1,357$1,053$811$435
23 years$2,078$1,623$1,253$959$728$377
24 years$1,971$1,520$1,159$875$654$327
25 years$1,872$1,427$1,074$799$589$284
26 years$1,781$1,341$996$730$530$247
27 years$1,696$1,262$925$668$478$215
28 years$1,618$1,189$859$612$431$187
29 years$1,545$1,122$800$562$390$162
30 years$1,478$1,059$745$515$352$141
31 years$1,415$1,002$695$473$318$123
32 years$1,356$948$648$435$288$107
33 years$1,300$897$605$400$260$93
34 years$1,248$851$565$368$236$81
35 years$1,199$807$529$339$214$71
36 years$1,153$766$494$312$194$62
37 years$1,110$727$463$288$175$54
38 years$1,068$691$433$265$159$47
39 years$1,029$657$406$244$144$41
40 years$993$625$381$225$131$36
41 years$958$595$357$208$119$31
42 years$924$567$335$192$108$27
43 years$893$540$314$177$98$24
44 years$863$515$295$164$89$21
45 years$834$491$277$151$81$18
46 years$807$468$260$140$73$16
47 years$780$447$244$129$66$14
48 years$756$427$230$119$60$12
49 years$732$407$216$110$55$10
50 years$709$389$203$102$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $726,000, adding $2,367 every year, while hoping to spend $38,657 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: 79/7/14 Blend
49$726,000$726,000$726,000$726,000
50$802,494$764,016$752,763$863,437
51$843,217$760,322$736,849$900,181
52$886,799$755,151$719,107$935,291
53$933,490$748,391$699,435$972,715
54$983,564$739,920$677,724$1,012,668
55$1,037,325$729,613$653,865$1,055,387
56$1,095,102$717,334$627,739$1,101,135
57$1,157,259$702,941$599,226$1,150,200
58$1,224,196$686,281$568,196$1,202,899
59$1,296,350$667,196$534,517$1,259,584
60$1,374,204$645,514$498,050$1,320,641
61$1,458,287$621,058$458,648$1,386,496
62$1,549,179$593,637$416,160$1,457,620
63$1,647,519$563,049$370,425$1,534,532
64$1,754,011$529,083$321,279$1,617,803
65$1,869,425$491,514$268,547$1,708,064
66$1,994,612$450,103$212,049$1,806,011
67$2,130,505$404,601$151,595$1,912,412
68$2,278,131$354,740$86,988$2,028,111
69$2,438,619$300,242$18,021$2,154,043
70$2,613,214$240,809$0$2,291,237
71$2,803,281$176,128$0$2,449,131
72$3,010,326$105,868$0$2,624,086
73$3,236,004$29,681$0$2,814,824
74$3,482,138$0$0$3,022,903
75$3,750,734$0$0$3,254,109
76$4,044,000$0$0$3,509,067
77$4,364,365$0$0$3,787,606
78$4,714,506$0$0$4,092,056
79$5,097,368$0$0$4,424,981
80$5,516,194$0$0$4,789,203
81$5,974,555$0$0$5,187,831
82$6,476,385$0$0$5,624,288
83$7,026,012$0$0$6,102,344
84$7,628,206$0$0$6,626,150
85$8,288,218$0$0$7,200,277
86$9,011,832$0$0$7,829,760
87$9,805,419$0$0$8,520,144
88$10,675,995$0$0$9,277,537
89$11,631,287$0$0$10,108,668
90$12,679,809$0$0$11,020,946
91$13,830,938$0$0$12,022,533
92$15,095,002$0$0$13,122,422
93$16,483,380$0$0$14,330,518
94$18,008,606$0$0$15,657,733
95$19,684,489$0$0$17,116,086
96$21,526,240$0$0$18,718,822
97$23,550,619$0$0$20,480,529
98$25,776,089$0$0$22,417,280
99$28,222,991$0$0$24,546,783
100$30,913,735$0$0$26,888,549