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%19.6%
1 years$61,026$60,482$59,952$59,434$58,929$56,658
2 years$30,211$29,648$29,103$28,574$28,061$25,801
3 years$19,941$19,375$18,832$18,308$17,803$15,624
4 years$14,806$14,243$13,705$13,190$12,697$10,616
5 years$11,727$11,167$10,635$10,131$9,652$7,674
6 years$9,674$9,118$8,595$8,102$7,638$5,764
7 years$8,209$7,658$7,142$6,661$6,211$4,441
8 years$7,110$6,564$6,057$5,588$5,153$3,485
9 years$6,256$5,715$5,217$4,759$4,340$2,771
10 years$5,573$5,038$4,548$4,103$3,698$2,226
11 years$5,015$4,485$4,004$3,571$3,180$1,802
12 years$4,550$4,025$3,554$3,132$2,756$1,468
13 years$4,157$3,638$3,175$2,765$2,403$1,201
14 years$3,820$3,307$2,853$2,454$2,106$987
15 years$3,529$3,021$2,576$2,189$1,855$813
16 years$3,274$2,771$2,335$1,960$1,639$672
17 years$3,049$2,552$2,125$1,761$1,453$556
18 years$2,850$2,358$1,940$1,587$1,292$461
19 years$2,672$2,186$1,776$1,434$1,152$383
20 years$2,512$2,031$1,630$1,299$1,029$319
21 years$2,367$1,892$1,499$1,179$921$265
22 years$2,235$1,766$1,382$1,072$825$221
23 years$2,116$1,652$1,276$976$741$184
24 years$2,006$1,548$1,180$890$666$153
25 years$1,905$1,452$1,093$813$599$128
26 years$1,812$1,365$1,013$743$540$107
27 years$1,727$1,285$941$680$487$89
28 years$1,647$1,210$875$623$439$74
29 years$1,573$1,142$814$572$396$62
30 years$1,504$1,078$758$525$358$52
31 years$1,440$1,019$707$482$324$43
32 years$1,380$965$660$443$293$36
33 years$1,323$913$616$407$265$30
34 years$1,270$866$575$375$240$25
35 years$1,221$821$538$345$217$21
36 years$1,174$779$503$318$197$18
37 years$1,129$740$471$293$179$15
38 years$1,088$704$441$270$162$12
39 years$1,048$669$413$249$147$10
40 years$1,010$636$387$229$133$9
41 years$975$606$363$212$121$7
42 years$941$577$341$195$110$6
43 years$909$550$320$180$99$5
44 years$878$524$300$167$90$4
45 years$849$500$282$154$82$4
46 years$821$477$265$142$74$3
47 years$794$455$249$131$68$2
48 years$769$434$234$121$61$2
49 years$745$415$220$112$56$2
50 years$722$396$206$104$51$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $739,000, adding $4,319 every year, while hoping to spend $23,810 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: 86/7/7 Blend
49$739,000$739,000$739,000$739,000
50$818,833$779,666$768,212$888,435
51$877,020$792,536$768,613$947,340
52$940,345$805,239$768,230$1,008,333
53$1,009,305$817,741$767,011$1,074,595
54$1,084,450$830,006$764,902$1,146,639
55$1,166,385$841,996$761,846$1,225,031
56$1,255,773$853,671$757,785$1,310,394
57$1,353,347$864,986$752,656$1,403,413
58$1,459,912$875,894$746,393$1,504,845
59$1,576,355$886,345$738,930$1,615,521
60$1,703,653$896,286$730,194$1,736,357
61$1,842,880$905,658$720,110$1,868,363
62$1,995,220$914,402$708,600$2,012,650
63$2,161,976$922,452$695,582$2,170,442
64$2,344,584$929,738$680,970$2,343,090
65$2,544,624$936,187$664,674$2,532,077
66$2,763,835$941,720$646,601$2,739,042
67$3,004,136$946,254$626,651$2,965,788
68$3,267,636$949,699$604,723$3,214,302
69$3,556,661$951,960$580,707$3,486,772
70$3,873,773$952,938$554,493$3,785,611
71$4,221,791$952,526$525,962$4,113,474
72$4,603,823$950,609$494,991$4,473,291
73$5,023,292$947,067$461,452$4,868,287
74$5,483,967$941,774$425,211$5,302,016
75$5,990,004$934,592$386,127$5,778,394
76$6,545,976$925,379$344,054$6,301,736
77$7,156,924$913,981$298,838$6,876,798
78$7,828,402$900,238$250,321$7,508,819
79$8,566,527$883,977$198,335$8,203,572
80$9,378,039$865,019$142,705$8,967,419
81$10,270,363$843,169$83,250$9,807,371
82$11,251,681$818,225$19,780$10,731,151
83$12,331,007$789,972$0$11,747,274
84$13,518,270$758,182$0$12,868,700
85$14,824,414$722,613$0$14,103,994
86$16,261,494$683,011$0$15,463,083
87$17,842,794$639,106$0$16,958,538
88$19,582,948$590,611$0$18,604,208
89$21,498,084$537,227$0$20,415,354
90$23,605,971$478,633$0$22,408,793
91$25,926,188$414,494$0$24,603,056
92$28,480,307$344,452$0$27,018,561
93$31,292,101$268,133$0$29,677,810
94$34,387,762$185,138$0$32,605,598
95$37,796,152$95,048$0$35,829,246
96$41,549,074$0$0$39,378,862
97$45,681,572$0$0$43,287,824
98$50,232,262$0$0$47,600,429
99$55,243,693$0$0$52,349,684
100$60,762,755$0$0$57,580,025