Can I retire at age 50 with 734,000?

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 $734,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$60,613$60,073$59,546$59,032$58,530$57,727
2 years$30,006$29,448$28,906$28,381$27,872$27,064
3 years$19,806$19,244$18,704$18,184$17,683$16,896
4 years$14,706$14,147$13,612$13,100$12,612$11,851
5 years$11,647$11,091$10,563$10,062$9,587$8,855
6 years$9,609$9,057$8,537$8,047$7,586$6,884
7 years$8,153$7,606$7,094$6,616$6,169$5,497
8 years$7,062$6,520$6,016$5,550$5,118$4,476
9 years$6,214$5,676$5,182$4,727$4,310$3,697
10 years$5,536$5,004$4,518$4,075$3,672$3,089
11 years$4,981$4,454$3,977$3,546$3,158$2,603
12 years$4,519$3,998$3,530$3,111$2,737$2,210
13 years$4,129$3,613$3,154$2,746$2,387$1,887
14 years$3,794$3,284$2,834$2,438$2,092$1,618
15 years$3,505$3,000$2,558$2,174$1,842$1,394
16 years$3,252$2,753$2,319$1,947$1,628$1,205
17 years$3,029$2,535$2,111$1,749$1,444$1,044
18 years$2,831$2,342$1,927$1,576$1,284$907
19 years$2,654$2,171$1,764$1,424$1,144$790
20 years$2,495$2,017$1,619$1,290$1,022$689
21 years$2,351$1,879$1,489$1,171$914$601
22 years$2,220$1,754$1,372$1,064$820$526
23 years$2,101$1,641$1,267$969$736$461
24 years$1,992$1,537$1,172$884$661$404
25 years$1,892$1,442$1,085$807$595$354
26 years$1,800$1,356$1,007$738$536$311
27 years$1,715$1,276$935$676$483$273
28 years$1,636$1,202$869$619$436$240
29 years$1,563$1,134$809$568$394$211
30 years$1,494$1,071$753$521$356$186
31 years$1,430$1,013$702$479$322$163
32 years$1,370$958$655$440$291$144
33 years$1,314$907$612$404$263$127
34 years$1,262$860$572$372$238$112
35 years$1,212$816$534$343$216$98
36 years$1,166$774$500$316$196$87
37 years$1,122$735$468$291$177$76
38 years$1,080$699$438$268$161$67
39 years$1,041$664$410$247$146$59
40 years$1,003$632$385$228$132$52
41 years$968$602$361$210$120$46
42 years$934$573$338$194$109$41
43 years$903$546$318$179$99$36
44 years$872$521$298$165$90$32
45 years$843$496$280$153$81$28
46 years$815$473$263$141$74$25
47 years$789$452$247$130$67$22
48 years$764$431$232$120$61$19
49 years$740$412$218$111$55$17
50 years$717$393$205$103$50$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $734,000, adding $6,362 every year, while hoping to spend $47,407 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: 32/40/28 Blend
49$734,000$734,000$734,000$734,000
50$815,430$776,528$765,151$834,400
51$848,164$764,138$740,343$837,077
52$882,647$749,551$713,115$835,335
53$919,008$732,610$683,336$832,533
54$957,388$713,149$650,869$828,610
55$997,939$690,991$615,570$823,505
56$1,040,827$665,948$577,290$817,154
57$1,086,234$637,822$535,872$809,494
58$1,134,359$606,404$491,153$800,459
59$1,185,419$571,473$442,962$789,984
60$1,239,650$532,794$391,120$778,002
61$1,297,313$490,119$335,440$764,447
62$1,358,690$443,187$275,729$749,252
63$1,424,094$391,720$211,783$732,353
64$1,493,863$335,425$143,389$713,686
65$1,568,370$273,995$70,326$693,187
66$1,648,025$207,101$0$670,798
67$1,733,274$134,400$0$648,746
68$1,824,609$55,527$0$647,265
69$1,922,568$0$0$645,350
70$2,027,742$0$0$656,200
71$2,140,780$0$0$694,208
72$2,262,393$0$0$735,181
73$2,393,364$0$0$779,393
74$2,534,549$0$0$827,146
75$2,686,893$0$0$878,769
76$2,851,432$0$0$934,627
77$3,029,303$0$0$995,118
78$3,221,759$0$0$1,060,682
79$3,430,174$0$0$1,131,801
80$3,656,061$0$0$1,209,007
81$3,901,083$0$0$1,292,883
82$4,167,069$0$0$1,384,072
83$4,456,029$0$0$1,483,281
84$4,770,177$0$0$1,591,287
85$5,111,946$0$0$1,708,946
86$5,484,015$0$0$1,837,200
87$5,889,330$0$0$1,977,085
88$6,331,135$0$0$2,129,742
89$6,812,999$0$0$2,296,426
90$7,338,849$0$0$2,478,519
91$7,913,010$0$0$2,677,543
92$8,540,242$0$0$2,895,174
93$9,225,785$0$0$3,133,255
94$9,975,408$0$0$3,393,818
95$10,795,463$0$0$3,679,100
96$11,692,944$0$0$3,991,561
97$12,675,554$0$0$4,333,916
98$13,751,772$0$0$4,709,150
99$14,930,939$0$0$5,120,553
100$16,223,341$0$0$5,571,747