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%12%
1 years$60,200$59,664$59,141$58,630$58,131$57,644
2 years$29,802$29,247$28,709$28,188$27,682$27,191
3 years$19,671$19,113$18,577$18,060$17,562$17,083
4 years$14,606$14,050$13,519$13,011$12,526$12,061
5 years$11,568$11,016$10,491$9,994$9,522$9,074
6 years$9,543$8,995$8,479$7,992$7,534$7,103
7 years$8,098$7,554$7,046$6,571$6,127$5,714
8 years$7,014$6,475$5,975$5,512$5,083$4,687
9 years$6,171$5,638$5,147$4,695$4,281$3,901
10 years$5,498$4,969$4,487$4,047$3,647$3,285
11 years$4,947$4,424$3,950$3,522$3,137$2,791
12 years$4,488$3,971$3,506$3,090$2,718$2,389
13 years$4,101$3,588$3,132$2,728$2,371$2,057
14 years$3,769$3,262$2,814$2,421$2,078$1,780
15 years$3,481$2,980$2,541$2,159$1,830$1,546
16 years$3,230$2,734$2,304$1,933$1,617$1,348
17 years$3,008$2,518$2,096$1,737$1,434$1,179
18 years$2,811$2,326$1,914$1,566$1,275$1,034
19 years$2,636$2,156$1,752$1,415$1,136$909
20 years$2,478$2,004$1,608$1,281$1,015$800
21 years$2,335$1,866$1,479$1,163$908$706
22 years$2,205$1,742$1,363$1,057$814$623
23 years$2,087$1,629$1,258$963$731$551
24 years$1,979$1,527$1,164$878$657$488
25 years$1,879$1,433$1,078$802$591$432
26 years$1,788$1,346$1,000$733$532$383
27 years$1,703$1,267$928$671$480$340
28 years$1,625$1,194$863$615$433$302
29 years$1,552$1,126$803$564$391$269
30 years$1,484$1,064$748$518$353$239
31 years$1,421$1,006$697$475$320$212
32 years$1,361$952$651$437$289$189
33 years$1,306$901$608$402$262$168
34 years$1,253$854$568$370$237$150
35 years$1,204$810$531$340$214$134
36 years$1,158$769$496$313$194$119
37 years$1,114$730$465$289$176$106
38 years$1,073$694$435$266$160$95
39 years$1,034$660$408$245$145$84
40 years$997$628$382$226$131$75
41 years$962$598$358$209$119$67
42 years$928$569$336$193$108$60
43 years$896$542$315$178$98$53
44 years$866$517$296$164$89$48
45 years$837$493$278$152$81$42
46 years$810$470$261$140$73$38
47 years$784$449$245$129$67$34
48 years$759$428$231$120$61$30
49 years$735$409$217$111$55$27
50 years$712$391$204$102$50$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $729,000, adding $3,617 every year, while hoping to spend $25,688 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: 61/19/20 Blend
49$729,000$729,000$729,000$729,000
50$807,089$768,452$757,152$851,913
51$862,080$778,774$755,185$892,960
52$921,820$788,741$752,291$934,574
53$986,764$798,309$748,412$979,405
54$1,057,417$807,429$743,487$1,027,771
55$1,134,332$816,051$737,452$1,080,020
56$1,218,118$824,121$730,240$1,136,536
57$1,309,444$831,581$721,781$1,197,744
58$1,409,048$838,370$712,002$1,264,113
59$1,517,742$844,422$700,826$1,336,159
60$1,636,420$849,666$688,171$1,414,453
61$1,766,065$854,030$673,955$1,499,623
62$1,907,759$857,433$658,088$1,592,363
63$2,062,696$859,792$640,479$1,693,440
64$2,232,186$861,018$621,031$1,803,697
65$2,417,676$861,015$599,642$1,924,066
66$2,620,758$859,683$576,209$2,055,576
67$2,843,182$856,914$550,619$2,199,360
68$3,086,880$852,596$522,758$2,356,670
69$3,353,976$846,608$492,505$2,528,884
70$3,646,811$838,822$459,733$2,717,526
71$3,967,964$829,102$424,312$2,924,274
72$4,320,273$817,304$386,103$3,150,980
73$4,706,866$803,278$344,964$3,399,685
74$5,131,189$786,861$300,742$3,672,644
75$5,597,036$767,882$253,282$3,972,340
76$6,108,586$746,161$202,420$4,301,514
77$6,670,445$721,507$147,985$4,663,188
78$7,287,686$693,716$89,797$5,060,694
79$7,965,896$662,574$27,671$5,497,707
80$8,711,232$627,854$0$5,978,282
81$9,530,475$589,317$0$6,515,130
82$10,431,099$546,709$0$7,111,774
83$11,421,334$499,761$0$7,767,784
84$12,510,251$448,189$0$8,489,198
85$13,707,841$391,695$0$9,282,674
86$15,025,114$329,962$0$10,155,550
87$16,474,200$262,654$0$11,115,912
88$18,068,463$189,419$0$12,172,673
89$19,822,628$109,882$0$13,335,657
90$21,752,921$23,651$0$14,615,693
91$23,877,217$0$0$16,024,712
92$26,215,215$0$0$17,590,441
93$28,788,619$0$0$19,319,327
94$31,621,342$0$0$21,222,502
95$34,739,736$0$0$23,317,678
96$38,172,836$0$0$25,624,372
97$41,952,636$0$0$28,164,090
98$46,114,390$0$0$30,960,529
99$50,696,944$0$0$34,039,801
100$55,743,104$0$0$37,430,680