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%12%
1 years$60,118$59,582$59,060$58,550$58,052$57,565
2 years$29,761$29,207$28,670$28,149$27,644$27,153
3 years$19,644$19,087$18,551$18,035$17,538$17,059
4 years$14,586$14,031$13,501$12,993$12,508$12,045
5 years$11,552$11,000$10,477$9,980$9,509$9,061
6 years$9,530$8,983$8,467$7,981$7,524$7,094
7 years$8,087$7,544$7,036$6,562$6,119$5,706
8 years$7,004$6,466$5,967$5,505$5,076$4,680
9 years$6,163$5,630$5,139$4,689$4,275$3,896
10 years$5,490$4,963$4,481$4,042$3,642$3,280
11 years$4,940$4,418$3,945$3,517$3,133$2,787
12 years$4,482$3,965$3,501$3,085$2,715$2,385
13 years$4,095$3,583$3,128$2,724$2,367$2,054
14 years$3,763$3,257$2,810$2,418$2,075$1,777
15 years$3,476$2,976$2,537$2,156$1,827$1,544
16 years$3,225$2,730$2,300$1,931$1,615$1,346
17 years$3,004$2,514$2,093$1,735$1,432$1,178
18 years$2,808$2,323$1,911$1,563$1,273$1,033
19 years$2,632$2,153$1,749$1,413$1,135$907
20 years$2,474$2,001$1,606$1,279$1,014$799
21 years$2,332$1,864$1,477$1,161$907$705
22 years$2,202$1,740$1,361$1,056$813$622
23 years$2,084$1,627$1,257$962$730$550
24 years$1,976$1,525$1,162$877$656$487
25 years$1,877$1,431$1,076$801$590$432
26 years$1,785$1,345$998$732$532$383
27 years$1,701$1,265$927$670$479$340
28 years$1,623$1,192$862$614$433$302
29 years$1,550$1,125$802$563$391$268
30 years$1,482$1,062$747$517$353$239
31 years$1,419$1,004$696$475$319$212
32 years$1,359$950$650$436$289$189
33 years$1,304$900$607$401$261$168
34 years$1,252$853$567$369$236$150
35 years$1,202$809$530$340$214$133
36 years$1,156$768$496$313$194$119
37 years$1,113$729$464$288$176$106
38 years$1,071$693$435$266$159$94
39 years$1,032$659$407$245$145$84
40 years$995$627$382$226$131$75
41 years$960$597$358$209$119$67
42 years$927$568$336$192$108$60
43 years$895$542$315$178$98$53
44 years$865$516$296$164$89$48
45 years$836$492$278$151$81$42
46 years$809$470$261$140$73$38
47 years$783$448$245$129$67$34
48 years$758$428$230$119$60$30
49 years$734$409$216$110$55$27
50 years$711$390$203$102$50$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $728,000, adding $2,570 every year, while hoping to spend $31,281 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: 69/11/20 Blend
49$728,000$728,000$728,000$728,000
50$804,907$766,323$755,039$856,309
51$853,725$770,590$747,050$895,234
52$906,473$774,018$737,745$933,901
53$963,521$776,532$727,047$975,447
54$1,025,272$778,054$714,875$1,020,153
55$1,092,171$778,500$701,145$1,068,330
56$1,164,707$777,781$685,767$1,120,322
57$1,243,418$775,802$668,651$1,176,506
58$1,328,893$772,464$649,698$1,237,301
59$1,421,785$767,659$628,807$1,303,170
60$1,522,808$761,276$605,873$1,374,619
61$1,632,750$753,193$580,785$1,452,213
62$1,752,476$743,285$553,427$1,536,570
63$1,882,939$731,417$523,678$1,628,374
64$2,025,189$717,446$491,411$1,728,382
65$2,180,379$701,222$456,494$1,837,425
66$2,349,780$682,584$418,788$1,956,423
67$2,534,790$661,363$378,150$2,086,390
68$2,736,949$637,381$334,429$2,228,446
69$2,957,953$610,447$287,467$2,383,824
70$3,199,666$580,361$237,100$2,553,887
71$3,464,145$546,911$183,155$2,740,136
72$3,753,650$509,873$125,454$2,944,231
73$4,070,675$469,009$63,808$3,167,998
74$4,417,961$424,068$0$3,413,456
75$4,798,532$374,786$0$3,683,250
76$5,215,713$320,882$0$3,993,973
77$5,673,171$262,060$0$4,334,744
78$6,174,941$198,007$0$4,708,597
79$6,725,470$128,394$0$5,118,875
80$7,329,654$52,872$0$5,569,259
81$7,992,887$0$0$6,063,810
82$8,721,112$0$0$6,610,501
83$9,520,875$0$0$7,217,967
84$10,399,384$0$0$7,885,290
85$11,364,584$0$0$8,618,510
86$12,425,225$0$0$9,424,279
87$13,590,947$0$0$10,309,926
88$14,872,370$0$0$11,283,528
89$16,281,196$0$0$12,353,980
90$17,830,316$0$0$13,531,083
91$19,533,931$0$0$14,825,636
92$21,407,690$0$0$16,249,536
93$23,468,833$0$0$17,815,892
94$25,736,356$0$0$19,539,147
95$28,231,188$0$0$21,435,214
96$30,976,390$0$0$23,521,627
97$33,997,368$0$0$25,817,705
98$37,322,121$0$0$28,344,733
99$40,981,494$0$0$31,126,168
100$45,009,478$0$0$34,187,853