Can I retire at age 50 with 731,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $731,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$60,365$59,828$59,303$58,791$58,291$57,539
2 years$29,884$29,327$28,788$28,265$27,758$27,001
3 years$19,725$19,166$18,628$18,110$17,611$16,873
4 years$14,646$14,089$13,556$13,047$12,560$11,847
5 years$11,600$11,046$10,520$10,021$9,548$8,861
6 years$9,569$9,020$8,502$8,014$7,555$6,896
7 years$8,120$7,575$7,065$6,589$6,144$5,513
8 years$7,033$6,493$5,992$5,527$5,097$4,494
9 years$6,188$5,653$5,161$4,708$4,293$3,717
10 years$5,513$4,983$4,499$4,058$3,657$3,109
11 years$4,961$4,436$3,961$3,532$3,146$2,623
12 years$4,501$3,982$3,515$3,098$2,726$2,230
13 years$4,112$3,598$3,141$2,735$2,377$1,906
14 years$3,779$3,271$2,822$2,428$2,084$1,637
15 years$3,491$2,988$2,548$2,165$1,835$1,412
16 years$3,239$2,741$2,310$1,939$1,621$1,222
17 years$3,016$2,525$2,102$1,742$1,438$1,061
18 years$2,819$2,333$1,919$1,570$1,278$923
19 years$2,643$2,162$1,757$1,418$1,139$804
20 years$2,484$2,009$1,612$1,285$1,018$703
21 years$2,341$1,871$1,483$1,166$911$615
22 years$2,211$1,747$1,367$1,060$816$538
23 years$2,093$1,634$1,262$965$733$472
24 years$1,984$1,531$1,167$881$659$414
25 years$1,885$1,437$1,081$804$593$364
26 years$1,793$1,350$1,002$735$534$320
27 years$1,708$1,271$931$673$481$282
28 years$1,629$1,197$865$617$434$248
29 years$1,556$1,130$805$565$392$218
30 years$1,488$1,067$750$519$354$192
31 years$1,424$1,008$699$477$320$170
32 years$1,365$954$652$438$290$150
33 years$1,309$904$609$403$262$132
34 years$1,257$856$569$371$237$116
35 years$1,207$812$532$341$215$103
36 years$1,161$771$498$314$195$91
37 years$1,117$732$466$290$177$80
38 years$1,076$696$436$267$160$71
39 years$1,037$662$409$246$145$62
40 years$999$630$383$227$132$55
41 years$964$599$359$209$119$49
42 years$931$571$337$193$108$43
43 years$899$544$316$178$98$38
44 years$869$518$297$165$89$34
45 years$840$494$279$152$81$30
46 years$812$472$262$141$74$26
47 years$786$450$246$130$67$23
48 years$761$430$231$120$61$21
49 years$737$410$217$111$55$18
50 years$714$392$204$102$50$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $731,000, adding $2,648 every year, while hoping to spend $45,544 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: 67/23/10 Blend
49$731,000$731,000$731,000$731,000
50$808,293$769,550$758,220$860,600
51$842,281$758,800$735,162$884,964
52$878,209$745,996$709,805$905,908
53$916,226$730,991$682,024$927,617
54$956,498$713,626$651,688$950,161
55$999,202$693,734$618,661$973,618
56$1,044,534$671,141$582,799$998,074
57$1,092,707$645,657$543,953$1,023,627
58$1,143,955$617,086$501,968$1,050,385
59$1,198,534$585,219$456,679$1,078,471
60$1,256,723$549,834$407,917$1,108,020
61$1,318,830$510,697$355,504$1,139,184
62$1,385,191$467,561$299,253$1,172,132
63$1,456,173$420,164$238,970$1,207,054
64$1,532,181$368,230$174,454$1,244,159
65$1,613,656$311,467$105,492$1,283,683
66$1,701,087$249,566$31,863$1,325,888
67$1,795,004$182,201$0$1,371,063
68$1,895,994$109,028$0$1,424,519
69$2,004,698$29,684$0$1,485,584
70$2,121,823$0$0$1,551,282
71$2,248,143$0$0$1,636,317
72$2,384,509$0$0$1,736,259
73$2,531,857$0$0$1,844,285
74$2,691,214$0$0$1,961,155
75$2,863,710$0$0$2,087,701
76$3,050,588$0$0$2,224,839
77$3,253,213$0$0$2,373,578
78$3,473,087$0$0$2,535,026
79$3,711,862$0$0$2,710,400
80$3,971,354$0$0$2,901,041
81$4,253,562$0$0$3,108,425
82$4,560,685$0$0$3,334,173
83$4,895,141$0$0$3,580,071
84$5,259,595$0$0$3,848,084
85$5,656,975$0$0$4,140,374
86$6,090,506$0$0$4,459,321
87$6,563,737$0$0$4,807,544
88$7,080,576$0$0$5,187,927
89$7,645,324$0$0$5,603,645
90$8,262,716$0$0$6,058,192
91$8,937,965$0$0$6,555,416
92$9,676,812$0$0$7,099,555
93$10,485,577$0$0$7,695,275
94$11,371,220$0$0$8,347,711
95$12,341,407$0$0$9,062,524
96$13,404,578$0$0$9,845,942
97$14,570,030$0$0$10,704,829
98$15,848,001$0$0$11,646,742
99$17,249,767$0$0$12,680,006
100$18,787,749$0$0$13,813,790