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%12.8%
1 years$60,118$59,582$59,060$58,550$58,052$57,374
2 years$29,761$29,207$28,670$28,149$27,644$26,961
3 years$19,644$19,087$18,551$18,035$17,538$16,873
4 years$14,586$14,031$13,501$12,993$12,508$11,865
5 years$11,552$11,000$10,477$9,980$9,509$8,889
6 years$9,530$8,983$8,467$7,981$7,524$6,929
7 years$8,087$7,544$7,036$6,562$6,119$5,548
8 years$7,004$6,466$5,967$5,505$5,076$4,530
9 years$6,163$5,630$5,139$4,689$4,275$3,754
10 years$5,490$4,963$4,481$4,042$3,642$3,145
11 years$4,940$4,418$3,945$3,517$3,133$2,659
12 years$4,482$3,965$3,501$3,085$2,715$2,264
13 years$4,095$3,583$3,128$2,724$2,367$1,939
14 years$3,763$3,257$2,810$2,418$2,075$1,669
15 years$3,476$2,976$2,537$2,156$1,827$1,443
16 years$3,225$2,730$2,300$1,931$1,615$1,251
17 years$3,004$2,514$2,093$1,735$1,432$1,088
18 years$2,808$2,323$1,911$1,563$1,273$949
19 years$2,632$2,153$1,749$1,413$1,135$829
20 years$2,474$2,001$1,606$1,279$1,014$726
21 years$2,332$1,864$1,477$1,161$907$636
22 years$2,202$1,740$1,361$1,056$813$558
23 years$2,084$1,627$1,257$962$730$491
24 years$1,976$1,525$1,162$877$656$432
25 years$1,877$1,431$1,076$801$590$380
26 years$1,785$1,345$998$732$532$335
27 years$1,701$1,265$927$670$479$296
28 years$1,623$1,192$862$614$433$261
29 years$1,550$1,125$802$563$391$230
30 years$1,482$1,062$747$517$353$203
31 years$1,419$1,004$696$475$319$180
32 years$1,359$950$650$436$289$159
33 years$1,304$900$607$401$261$141
34 years$1,252$853$567$369$236$124
35 years$1,202$809$530$340$214$110
36 years$1,156$768$496$313$194$97
37 years$1,113$729$464$288$176$86
38 years$1,071$693$435$266$159$76
39 years$1,032$659$407$245$145$68
40 years$995$627$382$226$131$60
41 years$960$597$358$209$119$53
42 years$927$568$336$192$108$47
43 years$895$542$315$178$98$42
44 years$865$516$296$164$89$37
45 years$836$492$278$151$81$33
46 years$809$470$261$140$73$29
47 years$783$448$245$129$67$26
48 years$758$428$230$119$60$23
49 years$734$409$216$110$55$20
50 years$711$390$203$102$50$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $728,000, adding $2,088 every year, while hoping to spend $50,566 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: 47/35/18 Blend
49$728,000$728,000$728,000$728,000
50$804,410$765,826$754,542$838,023
51$832,658$749,549$726,017$845,351
52$862,092$730,781$694,842$848,027
53$892,781$709,344$660,875$849,856
54$924,797$685,054$623,966$850,783
55$958,218$657,714$583,961$850,745
56$993,130$627,115$540,697$849,681
57$1,029,623$593,038$494,005$847,526
58$1,067,798$555,250$443,707$844,212
59$1,107,761$513,505$389,618$839,671
60$1,149,628$467,542$331,546$833,832
61$1,193,524$417,086$269,288$826,621
62$1,239,588$361,848$202,633$817,962
63$1,287,966$301,518$131,361$807,780
64$1,338,820$235,774$55,243$795,996
65$1,392,324$164,272$0$782,530
66$1,448,670$86,650$0$772,293
67$1,508,064$2,526$0$771,859
68$1,570,733$0$0$770,577
69$1,636,923$0$0$802,502
70$1,706,902$0$0$837,320
71$1,780,965$0$0$874,207
72$1,859,430$0$0$913,328
73$1,942,648$0$0$954,863
74$2,031,001$0$0$999,008
75$2,124,908$0$0$1,045,979
76$2,224,826$0$0$1,096,011
77$2,331,255$0$0$1,149,361
78$2,444,745$0$0$1,206,312
79$2,565,895$0$0$1,267,173
80$2,695,363$0$0$1,332,283
81$2,833,871$0$0$1,402,013
82$2,982,210$0$0$1,476,772
83$3,141,247$0$0$1,557,007
84$3,311,934$0$0$1,643,209
85$3,495,314$0$0$1,735,915
86$3,692,535$0$0$1,835,718
87$3,904,853$0$0$1,943,268
88$4,133,653$0$0$2,059,277
89$4,380,451$0$0$2,184,530
90$4,646,914$0$0$2,319,887
91$4,934,877$0$0$2,466,296
92$5,246,352$0$0$2,624,796
93$5,583,553$0$0$2,796,533
94$5,948,913$0$0$2,982,762
95$6,345,110$0$0$3,184,868
96$6,775,085$0$0$3,404,371
97$7,242,074$0$0$3,642,945
98$7,749,639$0$0$3,902,431
99$8,301,694$0$0$4,184,853
100$8,902,550$0$0$4,492,440