Can I retire at age 50 with 729,000?

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 $729,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$60,200$59,664$59,141$58,630$58,131$56,657
2 years$29,802$29,247$28,709$28,188$27,682$26,206
3 years$19,671$19,113$18,577$18,060$17,562$16,131
4 years$14,606$14,050$13,519$13,011$12,526$11,150
5 years$11,568$11,016$10,491$9,994$9,522$8,206
6 years$9,543$8,995$8,479$7,992$7,534$6,279
7 years$8,098$7,554$7,046$6,571$6,127$4,933
8 years$7,014$6,475$5,975$5,512$5,083$3,950
9 years$6,171$5,638$5,147$4,695$4,281$3,207
10 years$5,498$4,969$4,487$4,047$3,647$2,631
11 years$4,947$4,424$3,950$3,522$3,137$2,177
12 years$4,488$3,971$3,506$3,090$2,718$1,814
13 years$4,101$3,588$3,132$2,728$2,371$1,519
14 years$3,769$3,262$2,814$2,421$2,078$1,278
15 years$3,481$2,980$2,541$2,159$1,830$1,079
16 years$3,230$2,734$2,304$1,933$1,617$913
17 years$3,008$2,518$2,096$1,737$1,434$775
18 years$2,811$2,326$1,914$1,566$1,275$659
19 years$2,636$2,156$1,752$1,415$1,136$562
20 years$2,478$2,004$1,608$1,281$1,015$479
21 years$2,335$1,866$1,479$1,163$908$410
22 years$2,205$1,742$1,363$1,057$814$350
23 years$2,087$1,629$1,258$963$731$300
24 years$1,979$1,527$1,164$878$657$257
25 years$1,879$1,433$1,078$802$591$220
26 years$1,788$1,346$1,000$733$532$189
27 years$1,703$1,267$928$671$480$162
28 years$1,625$1,194$863$615$433$139
29 years$1,552$1,126$803$564$391$120
30 years$1,484$1,064$748$518$353$103
31 years$1,421$1,006$697$475$320$88
32 years$1,361$952$651$437$289$76
33 years$1,306$901$608$402$262$65
34 years$1,253$854$568$370$237$56
35 years$1,204$810$531$340$214$48
36 years$1,158$769$496$313$194$41
37 years$1,114$730$465$289$176$36
38 years$1,073$694$435$266$160$31
39 years$1,034$660$408$245$145$26
40 years$997$628$382$226$131$23
41 years$962$598$358$209$119$20
42 years$928$569$336$193$108$17
43 years$896$542$315$178$98$14
44 years$866$517$296$164$89$12
45 years$837$493$278$152$81$11
46 years$810$470$261$140$73$9
47 years$784$449$245$129$67$8
48 years$759$428$231$120$61$7
49 years$735$409$217$111$55$6
50 years$712$391$204$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $729,000, adding $6,178 every year, while hoping to spend $51,980 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: 56/21/23 Blend
49$729,000$729,000$729,000$729,000
50$809,731$771,094$759,794$849,693
51$837,017$753,571$729,941$860,209
52$865,344$733,447$697,345$865,640
53$894,764$710,541$661,861$870,449
54$925,330$684,658$623,334$874,592
55$957,103$655,595$581,605$878,022
56$990,144$623,136$536,505$880,690
57$1,024,521$587,052$487,860$882,545
58$1,060,306$547,101$435,487$883,536
59$1,097,576$503,028$379,195$883,609
60$1,136,416$454,563$318,785$882,709
61$1,176,913$401,420$254,048$880,779
62$1,219,166$343,298$184,766$877,760
63$1,263,279$279,876$110,713$873,593
64$1,309,363$210,820$31,651$868,216
65$1,357,540$135,773$0$861,569
66$1,407,942$54,359$0$866,525
67$1,460,711$0$0$879,214
68$1,516,001$0$0$899,678
69$1,573,979$0$0$934,327
70$1,634,826$0$0$970,711
71$1,698,739$0$0$1,008,950
72$1,765,931$0$0$1,049,176
73$1,836,636$0$0$1,091,530
74$1,911,106$0$0$1,136,167
75$1,989,616$0$0$1,183,256
76$2,072,467$0$0$1,232,981
77$2,159,986$0$0$1,285,543
78$2,252,531$0$0$1,341,159
79$2,350,489$0$0$1,400,071
80$2,454,288$0$0$1,462,537
81$2,564,392$0$0$1,528,845
82$2,681,309$0$0$1,599,306
83$2,805,596$0$0$1,674,261
84$2,937,859$0$0$1,754,084
85$3,078,765$0$0$1,839,183
86$3,229,043$0$0$1,930,008
87$3,389,491$0$0$2,027,049
88$3,560,983$0$0$2,130,843
89$3,744,480$0$0$2,241,981
90$3,941,032$0$0$2,361,109
91$4,151,792$0$0$2,488,938
92$4,378,027$0$0$2,626,246
93$4,621,124$0$0$2,773,887
94$4,882,608$0$0$2,932,800
95$5,164,153$0$0$3,104,015
96$5,467,595$0$0$3,288,665
97$5,794,955$0$0$3,487,992
98$6,148,450$0$0$3,703,363
99$6,530,518$0$0$3,936,279
100$6,943,837$0$0$4,188,391