Can I retire at age 50 with 738,000?

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 $738,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$60,943$60,400$59,871$59,354$58,849$56,739
2 years$30,170$29,608$29,064$28,536$28,023$25,920
3 years$19,914$19,349$18,806$18,283$17,779$15,749
4 years$14,786$14,224$13,686$13,172$12,680$10,739
5 years$11,711$11,152$10,621$10,117$9,639$7,791
6 years$9,661$9,106$8,583$8,091$7,627$5,874
7 years$8,198$7,647$7,133$6,652$6,203$4,545
8 years$7,100$6,555$6,049$5,580$5,146$3,581
9 years$6,248$5,707$5,210$4,753$4,334$2,860
10 years$5,566$5,031$4,542$4,097$3,693$2,308
11 years$5,008$4,479$3,999$3,566$3,176$1,877
12 years$4,544$4,020$3,549$3,128$2,752$1,536
13 years$4,151$3,633$3,171$2,761$2,400$1,263
14 years$3,815$3,302$2,849$2,451$2,104$1,043
15 years$3,524$3,016$2,572$2,186$1,852$863
16 years$3,270$2,768$2,332$1,957$1,637$717
17 years$3,045$2,549$2,122$1,759$1,451$597
18 years$2,846$2,355$1,937$1,585$1,291$497
19 years$2,668$2,183$1,773$1,432$1,150$415
20 years$2,508$2,028$1,628$1,297$1,027$347
21 years$2,364$1,889$1,497$1,177$919$290
22 years$2,232$1,764$1,380$1,070$824$243
23 years$2,113$1,649$1,274$975$740$204
24 years$2,003$1,545$1,178$889$665$171
25 years$1,903$1,450$1,091$812$598$143
26 years$1,810$1,363$1,012$742$539$120
27 years$1,724$1,283$940$679$486$101
28 years$1,645$1,209$874$623$438$85
29 years$1,571$1,140$813$571$396$71
30 years$1,502$1,077$757$524$358$60
31 years$1,438$1,018$706$481$323$50
32 years$1,378$963$659$442$293$42
33 years$1,322$912$615$407$265$36
34 years$1,269$865$575$374$240$30
35 years$1,219$820$537$344$217$25
36 years$1,172$778$503$317$197$21
37 years$1,128$739$470$292$178$18
38 years$1,086$703$441$269$162$15
39 years$1,046$668$413$248$147$13
40 years$1,009$636$387$229$133$11
41 years$973$605$363$211$121$9
42 years$940$576$340$195$109$7
43 years$907$549$319$180$99$6
44 years$877$523$300$166$90$5
45 years$848$499$281$154$82$4
46 years$820$476$264$142$74$4
47 years$793$454$248$131$67$3
48 years$768$434$233$121$61$3
49 years$744$414$219$112$56$2
50 years$721$396$206$103$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $738,000, adding $3,175 every year, while hoping to spend $49,222 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: 70/23/7 Blend
49$738,000$738,000$738,000$738,000
50$816,551$777,437$765,998$872,597
51$847,467$763,160$739,287$895,800
52$879,888$746,533$710,032$914,821
53$913,913$727,390$678,095$934,284
54$949,653$705,553$643,332$954,220
55$987,229$680,836$605,595$974,666
56$1,026,770$653,041$564,726$995,664
57$1,068,417$621,957$520,561$1,017,259
58$1,112,325$587,362$472,929$1,039,507
59$1,158,663$549,023$421,652$1,062,466
60$1,207,612$506,691$366,544$1,086,205
61$1,259,373$460,104$307,408$1,110,801
62$1,314,165$408,984$244,041$1,136,340
63$1,372,224$353,039$176,231$1,162,921
64$1,433,813$291,960$103,757$1,190,654
65$1,499,214$225,418$26,385$1,219,662
66$1,568,740$153,069$0$1,250,086
67$1,642,730$74,548$0$1,286,278
68$1,721,557$0$0$1,326,593
69$1,805,630$0$0$1,371,941
70$1,895,396$0$0$1,440,526
71$1,991,343$0$0$1,513,861
72$2,094,010$0$0$1,592,356
73$2,203,984$0$0$1,676,467
74$2,321,912$0$0$1,766,691
75$2,448,502$0$0$1,863,573
76$2,584,532$0$0$1,967,712
77$2,730,854$0$0$2,079,766
78$2,888,406$0$0$2,200,457
79$3,058,218$0$0$2,330,578
80$3,241,418$0$0$2,471,001
81$3,439,250$0$0$2,622,681
82$3,653,078$0$0$2,786,671
83$3,884,401$0$0$2,964,128
84$4,134,869$0$0$3,156,321
85$4,406,293$0$0$3,364,649
86$4,700,668$0$0$3,590,647
87$5,020,184$0$0$3,836,005
88$5,367,252$0$0$4,102,581
89$5,744,523$0$0$4,392,420
90$6,154,916$0$0$4,707,772
91$6,601,639$0$0$5,051,110
92$7,088,224$0$0$5,425,157
93$7,618,556$0$0$5,832,911
94$8,196,914$0$0$6,277,668
95$8,828,004$0$0$6,763,060
96$9,517,007$0$0$7,293,081
97$10,269,629$0$0$7,872,131
98$11,092,147$0$0$8,505,051
99$11,991,475$0$0$9,197,172
100$12,975,224$0$0$9,954,365