Can I retire at age 50 with 735,000?

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 $735,000?

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$60,696$60,155$59,627$59,113$58,610$57,663
2 years$30,047$29,488$28,945$28,420$27,909$26,958
3 years$19,833$19,271$18,730$18,209$17,707$16,780
4 years$14,726$14,166$13,630$13,118$12,629$11,734
5 years$11,663$11,106$10,578$10,076$9,600$8,741
6 years$9,622$9,069$8,548$8,058$7,596$6,773
7 years$8,164$7,616$7,104$6,625$6,178$5,390
8 years$7,072$6,528$6,025$5,557$5,125$4,374
9 years$6,222$5,684$5,189$4,734$4,316$3,600
10 years$5,543$5,010$4,524$4,081$3,678$2,996
11 years$4,988$4,460$3,983$3,551$3,163$2,516
12 years$4,525$4,003$3,535$3,115$2,741$2,127
13 years$4,134$3,618$3,158$2,750$2,390$1,809
14 years$3,800$3,289$2,837$2,441$2,095$1,546
15 years$3,510$3,004$2,562$2,177$1,845$1,326
16 years$3,256$2,756$2,323$1,949$1,630$1,141
17 years$3,033$2,538$2,113$1,751$1,446$985
18 years$2,835$2,346$1,929$1,578$1,285$852
19 years$2,657$2,174$1,766$1,426$1,146$738
20 years$2,498$2,020$1,621$1,292$1,023$641
21 years$2,354$1,882$1,491$1,172$916$557
22 years$2,223$1,756$1,374$1,066$821$485
23 years$2,104$1,643$1,269$971$737$423
24 years$1,995$1,539$1,173$885$662$369
25 years$1,895$1,444$1,087$809$596$322
26 years$1,803$1,358$1,008$739$537$281
27 years$1,717$1,278$936$677$484$246
28 years$1,638$1,204$870$620$437$215
29 years$1,565$1,136$810$569$394$188
30 years$1,496$1,073$754$522$356$165
31 years$1,432$1,014$703$479$322$144
32 years$1,372$959$656$440$291$126
33 years$1,316$909$613$405$264$111
34 years$1,264$861$572$373$239$97
35 years$1,214$817$535$343$216$85
36 years$1,167$775$501$316$196$75
37 years$1,123$736$469$291$178$65
38 years$1,082$700$439$268$161$57
39 years$1,042$665$411$247$146$50
40 years$1,005$633$385$228$132$44
41 years$969$603$361$211$120$39
42 years$936$574$339$194$109$34
43 years$904$547$318$179$99$30
44 years$873$521$298$166$90$26
45 years$844$497$280$153$82$23
46 years$817$474$263$141$74$20
47 years$790$452$247$131$67$18
48 years$765$432$232$121$61$16
49 years$741$412$218$111$55$14
50 years$718$394$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 $735,000, adding $5,064 every year, while hoping to spend $22,393 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: 73/6/21 Blend
49$735,000$735,000$735,000$735,000
50$815,194$776,239$764,846$870,204
51$874,517$790,448$766,642$921,665
52$939,142$804,604$767,748$974,847
53$1,009,583$818,679$768,117$1,032,546
54$1,086,412$832,645$767,700$1,095,207
55$1,170,253$846,471$766,445$1,163,321
56$1,261,796$860,126$764,298$1,237,429
57$1,361,800$873,573$761,203$1,318,127
58$1,471,101$886,775$757,101$1,406,072
59$1,590,618$899,692$751,928$1,501,988
60$1,721,363$912,279$745,621$1,606,672
61$1,864,453$924,491$738,109$1,721,004
62$2,021,114$936,279$729,323$1,845,953
63$2,192,699$947,588$719,187$1,982,587
64$2,380,697$958,362$707,622$2,132,084
65$2,586,747$968,541$694,547$2,295,741
66$2,812,656$978,060$679,875$2,474,989
67$3,060,413$986,851$663,516$2,671,403
68$3,332,208$994,839$645,377$2,886,721
69$3,630,454$1,001,948$625,358$3,122,858
70$3,957,810$1,008,093$603,357$3,381,926
71$4,317,204$1,013,186$579,267$3,666,250
72$4,711,860$1,017,134$552,973$3,978,394
73$5,145,331$1,019,835$524,360$4,321,186
74$5,621,532$1,021,184$493,303$4,697,740
75$6,144,773$1,021,067$459,673$5,111,490
76$6,719,806$1,019,365$423,338$5,566,221
77$7,351,862$1,015,949$384,155$6,066,103
78$8,046,706$1,010,685$341,979$6,615,735
79$8,810,691$1,003,430$296,656$7,220,183
80$9,650,814$994,030$248,027$7,885,033
81$10,574,784$982,325$195,923$8,616,441
82$11,591,096$968,143$140,171$9,421,192
83$12,709,110$951,304$80,588$10,306,763
84$13,939,135$931,614$16,984$11,281,397
85$15,292,535$908,871$0$12,354,178
86$16,781,828$882,860$0$13,546,522
87$18,420,806$853,352$0$14,862,862
88$20,224,667$820,105$0$16,311,600
89$22,210,158$782,865$0$17,906,191
90$24,395,730$741,362$0$19,661,461
91$26,801,715$695,309$0$21,593,747
92$29,450,516$644,404$0$23,721,053
93$32,366,817$588,329$0$26,063,216
94$35,577,820$526,744$0$28,642,098
95$39,113,497$459,295$0$31,481,786
96$43,006,876$385,602$0$34,608,825
97$47,294,349$305,268$0$38,052,468
98$52,016,019$217,872$0$41,844,947
99$57,216,074$122,970$0$46,021,783
100$62,943,210$20,092$0$50,622,119