Can I retire at age 50 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$60,778$60,237$59,709$59,193$58,690$56,517
2 years$30,088$29,528$28,985$28,458$27,947$25,784
3 years$19,860$19,297$18,755$18,233$17,731$15,643
4 years$14,746$14,185$13,649$13,136$12,646$10,651
5 years$11,679$11,121$10,592$10,090$9,613$7,715
6 years$9,635$9,081$8,560$8,069$7,607$5,807
7 years$8,175$7,627$7,113$6,634$6,186$4,485
8 years$7,081$6,537$6,033$5,565$5,132$3,528
9 years$6,231$5,692$5,196$4,740$4,322$2,812
10 years$5,551$5,017$4,530$4,086$3,683$2,265
11 years$4,995$4,467$3,988$3,556$3,167$1,838
12 years$4,532$4,009$3,539$3,119$2,745$1,501
13 years$4,140$3,623$3,162$2,754$2,393$1,232
14 years$3,805$3,293$2,841$2,444$2,098$1,015
15 years$3,515$3,008$2,565$2,180$1,847$839
16 years$3,261$2,760$2,326$1,952$1,633$695
17 years$3,037$2,542$2,116$1,754$1,448$577
18 years$2,838$2,349$1,932$1,581$1,287$480
19 years$2,661$2,177$1,769$1,428$1,147$400
20 years$2,501$2,023$1,623$1,293$1,025$334
21 years$2,357$1,884$1,493$1,174$917$278
22 years$2,226$1,759$1,376$1,067$822$233
23 years$2,107$1,645$1,271$972$738$194
24 years$1,998$1,541$1,175$887$663$163
25 years$1,898$1,446$1,088$810$597$136
26 years$1,805$1,359$1,009$740$538$114
27 years$1,720$1,279$937$678$485$95
28 years$1,640$1,206$871$621$437$80
29 years$1,567$1,137$811$569$395$67
30 years$1,498$1,074$755$523$357$56
31 years$1,434$1,015$704$480$323$47
32 years$1,374$961$657$441$292$39
33 years$1,318$910$613$406$264$33
34 years$1,265$862$573$373$239$28
35 years$1,216$818$536$344$217$23
36 years$1,169$776$501$316$196$20
37 years$1,125$737$469$291$178$16
38 years$1,083$701$439$269$161$14
39 years$1,044$666$412$248$146$12
40 years$1,006$634$386$228$133$10
41 years$971$603$362$211$120$8
42 years$937$575$339$195$109$7
43 years$905$548$318$180$99$6
44 years$874$522$299$166$90$5
45 years$845$498$281$153$82$4
46 years$818$475$264$141$74$3
47 years$791$453$248$131$67$3
48 years$766$433$233$121$61$2
49 years$742$413$219$112$56$2
50 years$719$395$206$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $736,000, adding $3,488 every year, while hoping to spend $27,602 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: 26/50/24 Blend
49$736,000$736,000$736,000$736,000
50$814,670$775,662$764,254$829,607
51$868,398$784,301$760,488$850,545
52$926,681$792,438$755,671$870,372
53$989,955$800,020$749,738$891,063
54$1,058,698$806,989$742,623$912,708
55$1,133,438$813,284$734,253$935,408
56$1,214,754$818,841$724,556$959,278
57$1,303,285$823,589$713,454$984,444
58$1,399,730$827,456$700,865$1,011,049
59$1,504,864$830,363$686,706$1,039,252
60$1,619,536$832,226$670,886$1,069,232
61$1,744,682$832,958$653,314$1,101,186
62$1,881,331$832,465$633,891$1,135,337
63$2,030,617$830,645$612,517$1,171,931
64$2,193,788$827,395$589,084$1,211,245
65$2,372,217$822,601$563,482$1,253,586
66$2,567,419$816,144$535,594$1,299,295
67$2,781,058$807,897$505,299$1,348,754
68$3,014,969$797,727$472,469$1,402,386
69$3,271,171$785,491$436,972$1,460,664
70$3,551,889$771,039$398,669$1,524,110
71$3,859,573$754,211$357,416$1,593,307
72$4,196,920$734,838$313,060$1,668,902
73$4,566,903$712,741$265,444$1,751,614
74$4,972,793$687,732$214,403$1,842,240
75$5,418,196$659,609$159,764$1,941,666
76$5,907,083$628,161$101,347$2,050,872
77$6,443,828$593,163$38,964$2,170,949
78$7,033,249$554,378$0$2,303,104
79$7,680,653$511,556$0$2,455,746
80$8,391,888$464,430$0$2,634,395
81$9,173,395$412,722$0$2,830,761
82$10,032,270$356,134$0$3,046,722
83$10,976,331$294,354$0$3,284,354
84$12,014,190$227,050$0$3,545,949
85$13,155,336$153,875$0$3,834,043
86$14,410,224$74,458$0$4,151,438
87$15,790,371$0$0$4,501,228
88$17,308,468$0$0$4,893,210
89$18,978,496$0$0$5,369,627
90$20,815,861$0$0$5,893,924
91$22,837,536$0$0$6,470,962
92$25,062,224$0$0$7,106,098
93$27,510,530$0$0$7,805,232
94$30,205,160$0$0$8,574,870
95$33,171,132$0$0$9,422,175
96$36,436,012$0$0$10,355,045
97$40,030,175$0$0$11,382,180
98$43,987,090$0$0$12,513,166
99$48,343,635$0$0$13,758,568
100$53,140,449$0$0$15,130,026