Can I retire at age 50 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$60,530$59,991$59,465$58,952$58,450$58,106
2 years$29,966$29,407$28,867$28,342$27,834$27,486
3 years$19,779$19,218$18,679$18,159$17,659$17,319
4 years$14,686$14,127$13,593$13,083$12,594$12,265
5 years$11,631$11,076$10,549$10,049$9,574$9,256
6 years$9,596$9,044$8,525$8,036$7,576$7,270
7 years$8,142$7,595$7,084$6,607$6,161$5,867
8 years$7,052$6,511$6,008$5,542$5,111$4,829
9 years$6,205$5,669$5,175$4,721$4,304$4,034
10 years$5,528$4,997$4,512$4,069$3,667$3,408
11 years$4,974$4,448$3,972$3,542$3,154$2,907
12 years$4,513$3,993$3,525$3,106$2,733$2,497
13 years$4,123$3,608$3,149$2,743$2,384$2,158
14 years$3,789$3,280$2,830$2,435$2,089$1,875
15 years$3,500$2,996$2,555$2,171$1,840$1,636
16 years$3,247$2,749$2,316$1,944$1,626$1,432
17 years$3,025$2,532$2,108$1,747$1,442$1,258
18 years$2,827$2,339$1,924$1,574$1,282$1,107
19 years$2,650$2,168$1,761$1,422$1,143$977
20 years$2,491$2,015$1,617$1,288$1,021$864
21 years$2,348$1,877$1,487$1,169$913$766
22 years$2,217$1,752$1,370$1,063$819$679
23 years$2,098$1,638$1,265$968$735$603
24 years$1,990$1,535$1,170$883$660$537
25 years$1,890$1,441$1,084$806$594$478
26 years$1,798$1,354$1,005$737$535$426
27 years$1,713$1,274$933$675$483$380
28 years$1,634$1,201$868$618$436$339
29 years$1,560$1,133$808$567$393$303
30 years$1,492$1,070$752$520$355$270
31 years$1,428$1,011$701$478$321$242
32 years$1,369$957$654$439$291$216
33 years$1,313$906$611$404$263$193
34 years$1,260$859$571$372$238$173
35 years$1,211$815$534$342$216$155
36 years$1,164$773$499$315$195$139
37 years$1,120$734$467$290$177$124
38 years$1,079$698$438$268$161$111
39 years$1,039$664$410$247$146$100
40 years$1,002$631$384$228$132$89
41 years$967$601$360$210$120$80
42 years$933$572$338$194$109$72
43 years$901$545$317$179$99$64
44 years$871$520$298$165$90$58
45 years$842$496$280$153$81$52
46 years$814$473$263$141$74$46
47 years$788$451$247$130$67$42
48 years$763$431$232$120$61$37
49 years$739$411$218$111$55$34
50 years$716$393$205$103$50$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $733,000, adding $3,553 every year, while hoping to spend $22,201 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: 36/40/24 Blend
49$733,000$733,000$733,000$733,000
50$811,431$772,582$761,220$834,663
51$870,575$786,817$763,100$866,322
52$935,008$801,005$764,298$898,183
53$1,005,246$815,121$764,768$932,136
54$1,081,856$829,137$764,463$968,386
55$1,165,463$843,023$763,331$1,007,153
56$1,256,757$856,747$761,319$1,048,684
57$1,356,493$870,275$758,370$1,093,252
58$1,465,506$883,569$754,426$1,141,158
59$1,584,714$896,590$749,426$1,192,733
60$1,715,127$909,296$743,304$1,248,345
61$1,857,860$921,641$735,994$1,308,399
62$2,014,136$933,575$727,424$1,373,345
63$2,185,305$945,048$717,521$1,443,676
64$2,372,855$956,004$706,206$1,519,941
65$2,578,420$966,383$693,398$1,602,743
66$2,803,805$976,122$679,013$1,692,750
67$3,050,995$985,153$662,961$1,790,699
68$3,322,175$993,404$645,150$1,897,404
69$3,619,755$1,000,799$625,480$2,013,766
70$3,946,388$1,007,256$603,852$2,140,776
71$4,304,997$1,012,689$580,158$2,279,532
72$4,698,799$1,017,003$554,286$2,431,243
73$5,131,343$1,020,102$526,120$2,597,248
74$5,606,533$1,021,881$495,539$2,779,021
75$6,128,675$1,022,229$462,415$2,978,193
76$6,702,509$1,021,027$426,615$3,196,561
77$7,333,258$1,018,150$388,000$3,436,111
78$8,026,677$1,013,466$346,424$3,699,033
79$8,789,106$1,006,834$301,737$3,987,747
80$9,627,529$998,103$253,780$4,304,922
81$10,549,642$987,116$202,387$4,653,503
82$11,563,924$973,703$147,386$5,036,740
83$12,679,717$957,687$88,595$5,458,220
84$13,907,313$938,879$25,829$5,921,900
85$15,258,054$917,078$0$6,432,148
86$16,744,434$892,074$0$7,004,319
87$18,380,222$863,641$0$7,640,934
88$20,180,587$831,542$0$8,341,289
89$22,162,246$795,527$0$9,111,910
90$24,343,616$755,328$0$9,959,991
91$26,744,991$710,666$0$10,893,467
92$29,388,734$661,243$0$11,921,082
93$32,299,486$606,744$0$13,052,480
94$35,504,396$546,837$0$14,298,292
95$39,033,384$481,171$0$15,670,240
96$42,919,416$409,375$0$17,181,246
97$47,198,819$331,057$0$18,845,557
98$51,911,622$245,803$0$20,678,878
99$57,101,934$153,174$0$22,698,525
100$62,818,361$52,710$0$24,923,585