Can I retire at age 50 with 731,000?

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 $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%12.3%
1 years$60,365$59,828$59,303$58,791$58,291$57,730
2 years$29,884$29,327$28,788$28,265$27,758$27,193
3 years$19,725$19,166$18,628$18,110$17,611$17,059
4 years$14,646$14,089$13,556$13,047$12,560$12,026
5 years$11,600$11,046$10,520$10,021$9,548$9,033
6 years$9,569$9,020$8,502$8,014$7,555$7,060
7 years$8,120$7,575$7,065$6,589$6,144$5,669
8 years$7,033$6,493$5,992$5,527$5,097$4,643
9 years$6,188$5,653$5,161$4,708$4,293$3,858
10 years$5,513$4,983$4,499$4,058$3,657$3,242
11 years$4,961$4,436$3,961$3,532$3,146$2,750
12 years$4,501$3,982$3,515$3,098$2,726$2,349
13 years$4,112$3,598$3,141$2,735$2,377$2,018
14 years$3,779$3,271$2,822$2,428$2,084$1,743
15 years$3,491$2,988$2,548$2,165$1,835$1,512
16 years$3,239$2,741$2,310$1,939$1,621$1,315
17 years$3,016$2,525$2,102$1,742$1,438$1,148
18 years$2,819$2,333$1,919$1,570$1,278$1,004
19 years$2,643$2,162$1,757$1,418$1,139$881
20 years$2,484$2,009$1,612$1,285$1,018$774
21 years$2,341$1,871$1,483$1,166$911$681
22 years$2,211$1,747$1,367$1,060$816$600
23 years$2,093$1,634$1,262$965$733$529
24 years$1,984$1,531$1,167$881$659$468
25 years$1,885$1,437$1,081$804$593$413
26 years$1,793$1,350$1,002$735$534$366
27 years$1,708$1,271$931$673$481$324
28 years$1,629$1,197$865$617$434$287
29 years$1,556$1,130$805$565$392$254
30 years$1,488$1,067$750$519$354$226
31 years$1,424$1,008$699$477$320$200
32 years$1,365$954$652$438$290$178
33 years$1,309$904$609$403$262$158
34 years$1,257$856$569$371$237$140
35 years$1,207$812$532$341$215$125
36 years$1,161$771$498$314$195$111
37 years$1,117$732$466$290$177$98
38 years$1,076$696$436$267$160$88
39 years$1,037$662$409$246$145$78
40 years$999$630$383$227$132$69
41 years$964$599$359$209$119$62
42 years$931$571$337$193$108$55
43 years$899$544$316$178$98$49
44 years$869$518$297$165$89$43
45 years$840$494$279$152$81$39
46 years$812$472$262$141$74$34
47 years$786$450$246$130$67$31
48 years$761$430$231$120$61$27
49 years$737$410$217$111$55$24
50 years$714$392$204$102$50$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $731,000, adding $3,950 every year, while hoping to spend $34,930 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: 46/33/21 Blend
49$731,000$731,000$731,000$731,000
50$809,636$770,893$759,563$841,847
51$855,054$771,502$747,843$865,429
52$903,934$770,970$734,560$887,222
53$956,591$769,204$719,624$910,147
54$1,013,375$766,105$702,942$934,326
55$1,074,665$761,571$684,417$959,895
56$1,140,881$755,488$663,945$987,006
57$1,212,485$747,741$641,421$1,015,828
58$1,289,981$738,203$616,732$1,046,552
59$1,373,928$726,744$589,762$1,079,388
60$1,464,938$713,223$560,387$1,114,572
61$1,563,682$697,492$528,481$1,152,365
62$1,670,902$679,393$493,910$1,193,061
63$1,787,412$658,762$456,533$1,236,983
64$1,914,107$635,420$416,206$1,284,494
65$2,051,973$609,183$372,776$1,335,996
66$2,202,094$579,853$326,084$1,391,935
67$2,365,664$547,221$275,964$1,452,808
68$2,543,994$511,068$222,242$1,519,168
69$2,738,531$471,160$164,736$1,591,626
70$2,950,865$427,250$103,258$1,670,862
71$3,182,746$379,078$37,610$1,757,632
72$3,436,102$326,369$0$1,852,772
73$3,713,056$268,832$0$1,964,482
74$4,015,942$206,159$0$2,095,985
75$4,347,333$138,027$0$2,240,037
76$4,710,062$64,091$0$2,397,956
77$5,107,248$0$0$2,571,195
78$5,542,324$0$0$2,767,177
79$6,019,073$0$0$3,007,518
80$6,541,661$0$0$3,271,052
81$7,114,675$0$0$3,560,106
82$7,743,168$0$0$3,877,238
83$8,432,706$0$0$4,225,268
84$9,189,417$0$0$4,607,303
85$10,020,056$0$0$5,026,764
86$10,932,059$0$0$5,487,420
87$11,933,621$0$0$5,993,422
88$13,033,766$0$0$6,549,345
89$14,242,437$0$0$7,160,226
90$15,570,589$0$0$7,831,617
91$17,030,288$0$0$8,569,633
92$18,634,829$0$0$9,381,010
93$20,398,858$0$0$10,273,173
94$22,338,510$0$0$11,254,298
95$24,471,565$0$0$12,333,396
96$26,817,609$0$0$13,520,393
97$29,398,223$0$0$14,826,227
98$32,237,183$0$0$16,262,949
99$35,360,689$0$0$17,843,836
100$38,797,604$0$0$19,583,519