Can I retire at age 50 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$60,118$59,582$59,060$58,550$58,052$56,625
2 years$29,761$29,207$28,670$28,149$27,644$26,215
3 years$19,644$19,087$18,551$18,035$17,538$16,153
4 years$14,586$14,031$13,501$12,993$12,508$11,176
5 years$11,552$11,000$10,477$9,980$9,509$8,234
6 years$9,530$8,983$8,467$7,981$7,524$6,307
7 years$8,087$7,544$7,036$6,562$6,119$4,961
8 years$7,004$6,466$5,967$5,505$5,076$3,976
9 years$6,163$5,630$5,139$4,689$4,275$3,232
10 years$5,490$4,963$4,481$4,042$3,642$2,656
11 years$4,940$4,418$3,945$3,517$3,133$2,201
12 years$4,482$3,965$3,501$3,085$2,715$1,835
13 years$4,095$3,583$3,128$2,724$2,367$1,539
14 years$3,763$3,257$2,810$2,418$2,075$1,297
15 years$3,476$2,976$2,537$2,156$1,827$1,096
16 years$3,225$2,730$2,300$1,931$1,615$929
17 years$3,004$2,514$2,093$1,735$1,432$790
18 years$2,808$2,323$1,911$1,563$1,273$673
19 years$2,632$2,153$1,749$1,413$1,135$574
20 years$2,474$2,001$1,606$1,279$1,014$491
21 years$2,332$1,864$1,477$1,161$907$420
22 years$2,202$1,740$1,361$1,056$813$360
23 years$2,084$1,627$1,257$962$730$308
24 years$1,976$1,525$1,162$877$656$265
25 years$1,877$1,431$1,076$801$590$227
26 years$1,785$1,345$998$732$532$195
27 years$1,701$1,265$927$670$479$168
28 years$1,623$1,192$862$614$433$144
29 years$1,550$1,125$802$563$391$124
30 years$1,482$1,062$747$517$353$107
31 years$1,419$1,004$696$475$319$92
32 years$1,359$950$650$436$289$79
33 years$1,304$900$607$401$261$68
34 years$1,252$853$567$369$236$59
35 years$1,202$809$530$340$214$51
36 years$1,156$768$496$313$194$44
37 years$1,113$729$464$288$176$37
38 years$1,071$693$435$266$159$32
39 years$1,032$659$407$245$145$28
40 years$995$627$382$226$131$24
41 years$960$597$358$209$119$21
42 years$927$568$336$192$108$18
43 years$895$542$315$178$98$15
44 years$865$516$296$164$89$13
45 years$836$492$278$151$81$11
46 years$809$470$261$140$73$10
47 years$783$448$245$129$67$8
48 years$758$428$230$119$60$7
49 years$734$409$216$110$55$6
50 years$711$390$203$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $728,000, adding $3,864 every year, while hoping to spend $20,140 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: 43/42/15 Blend
49$728,000$728,000$728,000$728,000
50$806,242$767,658$756,374$837,240
51$867,050$783,844$760,283$875,558
52$933,385$800,149$763,649$914,743
53$1,005,790$816,556$766,431$956,762
54$1,084,862$833,049$768,588$1,001,882
55$1,171,259$849,609$770,077$1,050,400
56$1,265,704$866,217$770,851$1,102,644
57$1,368,995$882,850$770,863$1,158,974
58$1,482,007$899,485$770,063$1,219,788
59$1,605,709$916,096$768,397$1,285,523
60$1,741,163$932,657$765,810$1,356,665
61$1,889,541$949,136$762,243$1,433,745
62$2,052,133$965,503$757,638$1,517,352
63$2,230,360$981,722$751,928$1,608,133
64$2,425,787$997,756$745,047$1,706,804
65$2,640,137$1,013,566$736,926$1,814,152
66$2,875,309$1,029,109$727,491$1,931,048
67$3,133,393$1,044,338$716,665$2,058,450
68$3,416,694$1,059,205$704,368$2,197,416
69$3,727,747$1,073,657$690,515$2,349,110
70$4,069,348$1,087,637$675,018$2,514,821
71$4,444,576$1,101,085$657,785$2,695,964
72$4,856,822$1,113,938$638,720$2,894,105
73$5,309,822$1,126,125$617,722$3,110,968
74$5,807,693$1,137,574$594,684$3,348,454
75$6,354,969$1,148,207$569,498$3,608,662
76$6,956,646$1,157,939$542,046$3,893,904
77$7,618,229$1,166,683$512,210$4,206,730
78$8,345,781$1,174,343$479,862$4,549,954
79$9,145,984$1,180,820$444,870$4,926,675
80$10,026,199$1,186,005$407,098$5,340,314
81$10,994,537$1,189,784$366,402$5,794,642
82$12,059,934$1,192,038$322,630$6,293,817
83$13,232,236$1,192,636$275,627$6,842,424
84$14,522,292$1,191,443$225,228$7,445,518
85$15,942,054$1,188,313$171,262$8,108,672
86$17,504,696$1,183,092$113,551$8,838,032
87$19,224,727$1,175,616$51,908$9,640,376
88$21,118,141$1,165,713$0$10,523,173
89$23,202,556$1,153,198$0$11,496,881
90$25,497,388$1,137,876$0$12,577,372
91$28,024,031$1,119,540$0$13,766,375
92$30,806,056$1,097,973$0$15,074,964
93$33,869,442$1,072,941$0$16,515,345
94$37,242,809$1,044,199$0$18,100,973
95$40,957,698$1,011,487$0$19,846,679
96$45,048,864$974,531$0$21,768,811
97$49,554,603$933,038$0$23,885,387
98$54,517,117$886,701$0$26,216,268
99$59,982,907$835,194$0$28,783,346
100$66,003,217$778,171$0$31,610,751