Can I retire at age 50 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$61,026$60,482$59,952$59,434$58,929$58,313
2 years$30,211$29,648$29,103$28,574$28,061$27,442
3 years$19,941$19,375$18,832$18,308$17,803$17,198
4 years$14,806$14,243$13,705$13,190$12,697$12,112
5 years$11,727$11,167$10,635$10,131$9,652$9,088
6 years$9,674$9,118$8,595$8,102$7,638$7,096
7 years$8,209$7,658$7,142$6,661$6,211$5,692
8 years$7,110$6,564$6,057$5,588$5,153$4,655
9 years$6,256$5,715$5,217$4,759$4,340$3,864
10 years$5,573$5,038$4,548$4,103$3,698$3,244
11 years$5,015$4,485$4,004$3,571$3,180$2,747
12 years$4,550$4,025$3,554$3,132$2,756$2,344
13 years$4,157$3,638$3,175$2,765$2,403$2,012
14 years$3,820$3,307$2,853$2,454$2,106$1,735
15 years$3,529$3,021$2,576$2,189$1,855$1,502
16 years$3,274$2,771$2,335$1,960$1,639$1,306
17 years$3,049$2,552$2,125$1,761$1,453$1,138
18 years$2,850$2,358$1,940$1,587$1,292$994
19 years$2,672$2,186$1,776$1,434$1,152$871
20 years$2,512$2,031$1,630$1,299$1,029$764
21 years$2,367$1,892$1,499$1,179$921$671
22 years$2,235$1,766$1,382$1,072$825$590
23 years$2,116$1,652$1,276$976$741$520
24 years$2,006$1,548$1,180$890$666$459
25 years$1,905$1,452$1,093$813$599$405
26 years$1,812$1,365$1,013$743$540$358
27 years$1,727$1,285$941$680$487$316
28 years$1,647$1,210$875$623$439$280
29 years$1,573$1,142$814$572$396$248
30 years$1,504$1,078$758$525$358$219
31 years$1,440$1,019$707$482$324$194
32 years$1,380$965$660$443$293$172
33 years$1,323$913$616$407$265$153
34 years$1,270$866$575$375$240$135
35 years$1,221$821$538$345$217$120
36 years$1,174$779$503$318$197$107
37 years$1,129$740$471$293$179$95
38 years$1,088$704$441$270$162$84
39 years$1,048$669$413$249$147$74
40 years$1,010$636$387$229$133$66
41 years$975$606$363$212$121$59
42 years$941$577$341$195$110$52
43 years$909$550$320$180$99$46
44 years$878$524$300$167$90$41
45 years$849$500$282$154$82$37
46 years$821$477$265$142$74$32
47 years$794$455$249$131$68$29
48 years$769$434$234$121$61$26
49 years$745$415$220$112$56$23
50 years$722$396$206$104$51$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $739,000, adding $4,096 every year, while hoping to spend $27,084 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: 74/10/16 Blend
49$739,000$739,000$739,000$739,000
50$818,603$779,436$767,982$875,948
51$873,283$788,811$764,892$923,845
52$932,633$797,738$760,791$972,580
53$997,101$806,166$755,616$1,025,260
54$1,067,178$814,041$749,302$1,082,271
55$1,143,407$821,306$741,780$1,144,038
56$1,226,383$827,899$732,979$1,211,028
57$1,316,763$833,755$722,823$1,283,757
58$1,415,269$838,804$711,233$1,362,793
59$1,522,694$842,974$698,127$1,448,763
60$1,639,913$846,184$683,419$1,542,358
61$1,767,889$848,351$667,018$1,644,337
62$1,907,680$849,387$648,830$1,755,542
63$2,060,454$849,197$628,755$1,876,895
64$2,227,493$847,680$606,691$2,009,417
65$2,410,211$844,731$582,530$2,154,233
66$2,610,166$840,236$556,157$2,312,579
67$2,829,070$834,075$527,456$2,485,823
68$3,068,812$826,121$496,303$2,675,469
69$3,331,469$816,240$462,567$2,883,178
70$3,619,331$804,288$426,116$3,110,779
71$3,934,919$790,114$386,806$3,360,287
72$4,281,009$773,557$344,492$3,633,927
73$4,660,659$754,449$299,020$3,934,150
74$5,077,237$732,608$250,228$4,263,656
75$5,534,454$707,844$197,949$4,625,423
76$6,036,395$679,956$142,008$5,022,735
77$6,587,565$648,730$82,222$5,459,209
78$7,192,920$613,942$18,400$5,938,836
79$7,857,924$575,351$0$6,466,011
80$8,588,595$532,707$0$7,054,069
81$9,391,564$485,741$0$7,703,769
82$10,274,134$434,173$0$8,417,894
83$11,244,351$377,703$0$9,202,975
84$12,311,082$316,018$0$10,066,207
85$13,484,094$248,784$0$11,015,520
86$14,774,146$175,649$0$12,059,653
87$16,193,097$96,244$0$13,208,235
88$17,754,008$10,175$0$14,471,878
89$19,471,273$0$0$15,862,274
90$21,360,748$0$0$17,401,439
91$23,439,907$0$0$19,096,391
92$25,728,002$0$0$20,961,707
93$28,246,246$0$0$23,014,687
94$31,018,010$0$0$25,274,389
95$34,069,050$0$0$27,761,816
96$37,427,743$0$0$30,500,107
97$41,125,358$0$0$33,514,762
98$45,196,349$0$0$36,833,876
99$49,678,682$0$0$40,488,409
100$54,614,189$0$0$44,512,475