Can I retire at age 50 with 735,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.7%
1 years$60,696$60,155$59,627$59,113$58,610$57,008
2 years$30,047$29,488$28,945$28,420$27,909$26,307
3 years$19,833$19,271$18,730$18,209$17,707$16,155
4 years$14,726$14,166$13,630$13,118$12,629$11,138
5 years$11,663$11,106$10,578$10,076$9,600$8,176
6 years$9,622$9,069$8,548$8,058$7,596$6,239
7 years$8,164$7,616$7,104$6,625$6,178$4,888
8 years$7,072$6,528$6,025$5,557$5,125$3,902
9 years$6,222$5,684$5,189$4,734$4,316$3,158
10 years$5,543$5,010$4,524$4,081$3,678$2,584
11 years$4,988$4,460$3,983$3,551$3,163$2,131
12 years$4,525$4,003$3,535$3,115$2,741$1,769
13 years$4,134$3,618$3,158$2,750$2,390$1,477
14 years$3,800$3,289$2,837$2,441$2,095$1,238
15 years$3,510$3,004$2,562$2,177$1,845$1,042
16 years$3,256$2,756$2,323$1,949$1,630$879
17 years$3,033$2,538$2,113$1,751$1,446$743
18 years$2,835$2,346$1,929$1,578$1,285$630
19 years$2,657$2,174$1,766$1,426$1,146$535
20 years$2,498$2,020$1,621$1,292$1,023$454
21 years$2,354$1,882$1,491$1,172$916$387
22 years$2,223$1,756$1,374$1,066$821$330
23 years$2,104$1,643$1,269$971$737$281
24 years$1,995$1,539$1,173$885$662$240
25 years$1,895$1,444$1,087$809$596$205
26 years$1,803$1,358$1,008$739$537$175
27 years$1,717$1,278$936$677$484$149
28 years$1,638$1,204$870$620$437$128
29 years$1,565$1,136$810$569$394$109
30 years$1,496$1,073$754$522$356$93
31 years$1,432$1,014$703$479$322$80
32 years$1,372$959$656$440$291$68
33 years$1,316$909$613$405$264$59
34 years$1,264$861$572$373$239$50
35 years$1,214$817$535$343$216$43
36 years$1,167$775$501$316$196$37
37 years$1,123$736$469$291$178$32
38 years$1,082$700$439$268$161$27
39 years$1,042$665$411$247$146$23
40 years$1,005$633$385$228$132$20
41 years$969$603$361$211$120$17
42 years$936$574$339$194$109$15
43 years$904$547$318$179$99$12
44 years$873$521$298$166$90$11
45 years$844$497$280$153$82$9
46 years$817$474$263$141$74$8
47 years$790$452$247$131$67$7
48 years$765$432$232$121$61$6
49 years$741$412$218$111$55$5
50 years$718$394$205$103$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $735,000, adding $5,039 every year, while hoping to spend $50,189 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: 64/29/7 Blend
49$735,000$735,000$735,000$735,000
50$815,168$776,213$764,820$865,959
51$844,914$760,846$737,041$885,049
52$876,013$743,045$706,649$899,506
53$908,548$722,636$673,504$913,988
54$942,612$699,438$637,459$928,495
55$978,305$673,256$598,360$943,026
56$1,015,734$643,888$556,046$957,584
57$1,055,016$611,116$510,352$972,174
58$1,096,279$574,712$461,100$986,805
59$1,139,661$534,434$408,108$1,001,486
60$1,185,312$490,027$351,185$1,016,232
61$1,233,396$441,221$290,132$1,031,062
62$1,284,090$387,728$224,739$1,046,000
63$1,337,589$329,249$154,790$1,061,075
64$1,394,105$265,464$80,057$1,076,323
65$1,453,868$196,036$303$1,091,788
66$1,517,130$120,609$0$1,107,522
67$1,584,166$38,808$0$1,129,919
68$1,655,277$0$0$1,153,153
69$1,730,791$0$0$1,193,188
70$1,811,068$0$0$1,248,939
71$1,896,501$0$0$1,308,300
72$1,987,521$0$0$1,371,572
73$2,084,598$0$0$1,439,088
74$2,188,248$0$0$1,511,210
75$2,299,039$0$0$1,588,336
76$2,417,589$0$0$1,670,904
77$2,544,579$0$0$1,759,391
78$2,680,754$0$0$1,854,322
79$2,826,932$0$0$1,956,273
80$2,984,013$0$0$2,065,878
81$3,152,980$0$0$2,183,828
82$3,334,918$0$0$2,310,888
83$3,531,013$0$0$2,447,894
84$3,742,572$0$0$2,595,764
85$3,971,029$0$0$2,755,511
86$4,217,960$0$0$2,928,243
87$4,485,097$0$0$3,115,182
88$4,774,345$0$0$3,317,669
89$5,087,797$0$0$3,537,178
90$5,427,755$0$0$3,775,333
91$5,796,750$0$0$4,033,916
92$6,197,566$0$0$4,314,889
93$6,633,267$0$0$4,620,412
94$7,107,220$0$0$4,952,859
95$7,623,134$0$0$5,314,841
96$8,185,087$0$0$5,709,235
97$8,797,568$0$0$6,139,203
98$9,465,516$0$0$6,608,229
99$10,194,368$0$0$7,120,144
100$10,990,109$0$0$7,679,168