Can I retire at age 50 with 737,000?

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 $737,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$60,861$60,319$59,790$59,274$58,769$57,987
2 years$30,129$29,568$29,024$28,497$27,985$27,198
3 years$19,887$19,323$18,781$18,258$17,755$16,988
4 years$14,766$14,204$13,667$13,154$12,663$11,922
5 years$11,695$11,136$10,606$10,104$9,626$8,913
6 years$9,648$9,094$8,572$8,080$7,617$6,932
7 years$8,187$7,637$7,123$6,643$6,195$5,539
8 years$7,091$6,546$6,041$5,573$5,139$4,512
9 years$6,239$5,700$5,203$4,747$4,328$3,730
10 years$5,558$5,024$4,536$4,092$3,688$3,118
11 years$5,001$4,473$3,994$3,561$3,171$2,629
12 years$4,538$4,014$3,544$3,123$2,748$2,233
13 years$4,146$3,628$3,166$2,758$2,397$1,908
14 years$3,810$3,298$2,845$2,448$2,101$1,638
15 years$3,519$3,012$2,569$2,183$1,850$1,412
16 years$3,265$2,764$2,329$1,955$1,635$1,221
17 years$3,041$2,545$2,119$1,756$1,449$1,059
18 years$2,842$2,352$1,935$1,583$1,289$920
19 years$2,665$2,180$1,771$1,430$1,149$802
20 years$2,505$2,026$1,625$1,295$1,026$700
21 years$2,360$1,887$1,495$1,176$918$612
22 years$2,229$1,761$1,378$1,069$823$535
23 years$2,110$1,647$1,272$973$739$469
24 years$2,001$1,543$1,177$888$664$411
25 years$1,900$1,448$1,090$811$598$361
26 years$1,808$1,361$1,011$741$538$317
27 years$1,722$1,281$939$679$485$279
28 years$1,643$1,207$872$622$438$245
29 years$1,569$1,139$812$570$395$216
30 years$1,500$1,075$756$523$357$190
31 years$1,436$1,017$705$481$323$168
32 years$1,376$962$658$442$292$148
33 years$1,320$911$614$406$264$130
34 years$1,267$863$574$374$239$115
35 years$1,217$819$537$344$217$101
36 years$1,171$777$502$317$196$89
37 years$1,126$738$470$292$178$79
38 years$1,085$702$440$269$161$69
39 years$1,045$667$412$248$146$61
40 years$1,008$635$386$229$133$54
41 years$972$604$362$211$120$48
42 years$938$575$340$195$109$42
43 years$906$548$319$180$99$37
44 years$876$523$299$166$90$33
45 years$847$498$281$153$82$29
46 years$819$475$264$142$74$26
47 years$792$454$248$131$67$23
48 years$767$433$233$121$61$20
49 years$743$414$219$112$56$18
50 years$720$395$206$103$50$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $737,000, adding $5,518 every year, while hoping to spend $36,091 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: 69/26/5 Blend
49$737,000$737,000$737,000$737,000
50$817,866$778,805$767,381$873,472
51$862,888$778,566$754,688$910,723
52$911,292$777,105$740,360$946,493
53$963,386$774,326$724,304$984,622
54$1,019,506$770,123$706,423$1,025,334
55$1,080,023$764,386$686,616$1,068,874
56$1,145,344$756,999$664,776$1,115,515
57$1,215,915$747,838$640,792$1,165,558
58$1,292,227$736,770$614,547$1,219,332
59$1,374,819$723,658$585,920$1,277,206
60$1,464,287$708,353$554,783$1,339,583
61$1,561,280$690,698$521,005$1,406,910
62$1,666,518$670,529$484,446$1,479,681
63$1,780,788$647,671$444,960$1,558,439
64$1,904,959$621,937$402,397$1,643,787
65$2,039,985$593,132$356,597$1,736,388
66$2,186,916$561,049$307,396$1,836,977
67$2,346,908$525,467$254,621$1,946,364
68$2,521,233$486,155$198,090$2,065,442
69$2,711,289$442,867$137,617$2,195,200
70$2,918,617$395,344$73,004$2,336,727
71$3,144,913$343,312$4,046$2,491,227
72$3,392,041$286,481$0$2,660,030
73$3,662,055$224,545$0$2,848,312
74$3,957,219$157,182$0$3,054,455
75$4,280,020$84,049$0$3,280,042
76$4,633,201$4,786$0$3,527,060
77$5,019,780$0$0$3,797,700
78$5,443,080$0$0$4,117,551
79$5,906,763$0$0$4,469,456
80$6,414,859$0$0$4,855,111
81$6,971,807$0$0$5,277,891
82$7,582,496$0$0$5,741,512
83$8,252,313$0$0$6,250,069
84$8,987,187$0$0$6,808,071
85$9,793,652$0$0$7,420,484
86$10,678,904$0$0$8,092,781
87$11,650,871$0$0$8,830,986
88$12,718,284$0$0$9,641,741
89$13,890,762$0$0$10,532,356
90$15,178,903$0$0$11,510,891
91$16,594,379$0$0$12,586,219
92$18,150,051$0$0$13,768,119
93$19,860,088$0$0$15,067,363
94$21,740,098$0$0$16,495,819
95$23,807,280$0$0$18,066,562
96$26,080,579$0$0$19,793,999
97$28,580,871$0$0$21,694,001
98$31,331,155$0$0$23,784,055
99$34,356,772$0$0$26,083,428
100$37,685,641$0$0$28,613,349