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%13.9%
1 years$60,530$59,991$59,465$58,952$58,450$57,506
2 years$29,966$29,407$28,867$28,342$27,834$26,884
3 years$19,779$19,218$18,679$18,159$17,659$16,735
4 years$14,686$14,127$13,593$13,083$12,594$11,703
5 years$11,631$11,076$10,549$10,049$9,574$8,717
6 years$9,596$9,044$8,525$8,036$7,576$6,754
7 years$8,142$7,595$7,084$6,607$6,161$5,376
8 years$7,052$6,511$6,008$5,542$5,111$4,362
9 years$6,205$5,669$5,175$4,721$4,304$3,590
10 years$5,528$4,997$4,512$4,069$3,667$2,988
11 years$4,974$4,448$3,972$3,542$3,154$2,509
12 years$4,513$3,993$3,525$3,106$2,733$2,122
13 years$4,123$3,608$3,149$2,743$2,384$1,804
14 years$3,789$3,280$2,830$2,435$2,089$1,542
15 years$3,500$2,996$2,555$2,171$1,840$1,322
16 years$3,247$2,749$2,316$1,944$1,626$1,138
17 years$3,025$2,532$2,108$1,747$1,442$982
18 years$2,827$2,339$1,924$1,574$1,282$849
19 years$2,650$2,168$1,761$1,422$1,143$736
20 years$2,491$2,015$1,617$1,288$1,021$639
21 years$2,348$1,877$1,487$1,169$913$556
22 years$2,217$1,752$1,370$1,063$819$484
23 years$2,098$1,638$1,265$968$735$422
24 years$1,990$1,535$1,170$883$660$368
25 years$1,890$1,441$1,084$806$594$321
26 years$1,798$1,354$1,005$737$535$281
27 years$1,713$1,274$933$675$483$245
28 years$1,634$1,201$868$618$436$215
29 years$1,560$1,133$808$567$393$188
30 years$1,492$1,070$752$520$355$164
31 years$1,428$1,011$701$478$321$144
32 years$1,369$957$654$439$291$126
33 years$1,313$906$611$404$263$111
34 years$1,260$859$571$372$238$97
35 years$1,211$815$534$342$216$85
36 years$1,164$773$499$315$195$74
37 years$1,120$734$467$290$177$65
38 years$1,079$698$438$268$161$57
39 years$1,039$664$410$247$146$50
40 years$1,002$631$384$228$132$44
41 years$967$601$360$210$120$39
42 years$933$572$338$194$109$34
43 years$901$545$317$179$99$30
44 years$871$520$298$165$90$26
45 years$842$496$280$153$81$23
46 years$814$473$263$141$74$20
47 years$788$451$247$130$67$18
48 years$763$431$232$120$61$16
49 years$739$411$218$111$55$14
50 years$716$393$205$103$50$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $733,000, adding $3,294 every year, while hoping to spend $38,236 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: 44/31/25 Blend
49$733,000$733,000$733,000$733,000
50$811,164$772,315$760,953$840,845
51$853,220$769,475$745,762$859,406
52$898,284$765,215$728,781$875,571
53$946,622$759,425$709,909$892,341
54$998,528$751,987$689,041$909,792
55$1,054,322$742,778$666,068$928,011
56$1,114,356$731,667$640,874$947,097
57$1,179,017$718,515$613,340$967,162
58$1,248,729$703,176$583,340$988,330
59$1,323,961$685,492$550,743$1,010,744
60$1,405,223$665,300$515,411$1,034,564
61$1,493,080$642,423$477,202$1,059,968
62$1,588,151$616,679$435,965$1,087,159
63$1,691,117$587,870$391,544$1,116,363
64$1,802,725$555,791$343,775$1,147,833
65$1,923,800$520,222$292,489$1,181,854
66$2,055,247$480,931$237,506$1,218,742
67$2,198,060$437,675$178,640$1,258,853
68$2,353,335$390,195$115,698$1,302,584
69$2,522,278$338,216$48,476$1,350,378
70$2,706,212$281,451$0$1,402,729
71$2,906,598$219,595$0$1,466,394
72$3,125,041$152,324$0$1,549,984
73$3,363,306$79,299$0$1,641,300
74$3,623,340$161$0$1,741,169
75$3,907,281$0$0$1,850,503
76$4,217,487$0$0$1,999,471
77$4,556,551$0$0$2,162,443
78$4,927,330$0$0$2,340,748
79$5,332,967$0$0$2,535,908
80$5,776,926$0$0$2,749,601
81$6,263,018$0$0$2,983,675
82$6,795,442$0$0$3,240,163
83$7,378,821$0$0$3,521,305
84$8,018,248$0$0$3,829,570
85$8,719,330$0$0$4,167,674
86$9,488,244$0$0$4,538,610
87$10,331,793$0$0$4,945,675
88$11,257,470$0$0$5,392,501
89$12,273,529$0$0$5,883,088
90$13,389,062$0$0$6,421,843
91$14,614,083$0$0$7,013,618
92$15,959,625$0$0$7,663,762
93$17,437,843$0$0$8,378,166
94$19,062,124$0$0$9,163,319
95$20,847,219$0$0$10,026,371
96$22,809,377$0$0$10,975,198
97$24,966,501$0$0$12,018,479
98$27,338,315$0$0$13,165,775
99$29,946,549$0$0$14,427,620
100$32,815,144$0$0$15,815,619