Can I retire at age 50 with 749,000?

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 $749,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$61,852$61,301$60,763$60,239$59,726$59,226
2 years$30,620$30,049$29,497$28,961$28,441$27,937
3 years$20,210$19,638$19,086$18,556$18,044$17,552
4 years$15,007$14,436$13,890$13,368$12,869$12,392
5 years$11,885$11,318$10,779$10,268$9,783$9,323
6 years$9,805$9,242$8,711$8,211$7,741$7,298
7 years$8,320$7,761$7,239$6,751$6,295$5,870
8 years$7,206$6,653$6,139$5,663$5,223$4,815
9 years$6,341$5,792$5,288$4,824$4,398$4,008
10 years$5,649$5,106$4,610$4,158$3,748$3,375
11 years$5,083$4,545$4,059$3,619$3,223$2,867
12 years$4,612$4,080$3,602$3,174$2,793$2,454
13 years$4,213$3,687$3,218$2,802$2,436$2,113
14 years$3,872$3,351$2,891$2,488$2,135$1,828
15 years$3,577$3,061$2,611$2,219$1,880$1,589
16 years$3,318$2,809$2,367$1,986$1,661$1,385
17 years$3,091$2,587$2,154$1,785$1,473$1,212
18 years$2,889$2,390$1,966$1,608$1,310$1,062
19 years$2,708$2,215$1,800$1,453$1,167$934
20 years$2,546$2,059$1,652$1,316$1,043$822
21 years$2,399$1,917$1,519$1,195$933$725
22 years$2,266$1,790$1,400$1,086$836$640
23 years$2,144$1,674$1,293$989$751$566
24 years$2,033$1,568$1,196$902$675$501
25 years$1,931$1,472$1,108$824$607$444
26 years$1,837$1,383$1,027$753$547$394
27 years$1,750$1,302$954$690$493$350
28 years$1,669$1,227$887$632$445$311
29 years$1,594$1,157$825$579$402$276
30 years$1,525$1,093$769$532$363$245
31 years$1,459$1,033$717$488$328$218
32 years$1,399$978$669$449$297$194
33 years$1,341$926$624$413$269$173
34 years$1,288$878$583$380$243$154
35 years$1,237$832$545$350$220$137
36 years$1,190$790$510$322$200$122
37 years$1,145$750$477$297$181$109
38 years$1,102$713$447$273$164$97
39 years$1,062$678$419$252$149$87
40 years$1,024$645$393$233$135$77
41 years$988$614$368$215$122$69
42 years$954$585$345$198$111$61
43 years$921$557$324$183$101$55
44 years$890$531$304$169$92$49
45 years$860$506$286$156$83$44
46 years$832$483$268$144$75$39
47 years$805$461$252$133$68$35
48 years$779$440$237$123$62$31
49 years$755$420$223$114$56$28
50 years$731$402$209$105$51$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $749,000, adding $4,877 every year, while hoping to spend $32,902 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: 28/49/23 Blend
49$749,000$749,000$749,000$749,000
50$830,429$790,732$779,122$847,579
51$880,125$794,470$770,215$865,131
52$933,787$797,289$759,907$880,754
53$991,786$799,108$748,116$896,851
54$1,054,527$799,844$734,757$913,484
55$1,122,458$799,405$719,741$930,722
56$1,196,069$797,696$702,972$948,647
57$1,275,901$794,616$684,354$967,348
58$1,362,547$790,056$663,785$986,931
59$1,456,661$783,903$641,156$1,007,512
60$1,558,961$776,036$616,355$1,029,223
61$1,670,238$766,325$589,267$1,052,216
62$1,791,362$754,634$559,767$1,076,659
63$1,923,290$740,819$527,727$1,102,744
64$2,067,074$724,728$493,015$1,130,684
65$2,223,873$706,198$455,489$1,160,721
66$2,394,964$685,058$415,003$1,193,125
67$2,581,751$661,125$371,406$1,228,201
68$2,785,778$634,209$324,537$1,266,288
69$3,008,748$604,106$274,229$1,307,769
70$3,252,533$570,600$220,309$1,353,068
71$3,519,197$533,465$162,595$1,402,663
72$3,811,010$492,459$100,896$1,457,085
73$4,130,473$447,330$35,016$1,516,929
74$4,480,339$397,807$0$1,582,857
75$4,863,641$343,607$0$1,664,267
76$5,283,719$284,430$0$1,763,057
77$5,744,250$219,959$0$1,871,595
78$6,249,286$149,859$0$1,990,959
79$6,803,287$73,777$0$2,122,342
80$7,411,169$0$0$2,267,070
81$8,078,344$0$0$2,431,279
82$8,810,775$0$0$2,655,344
83$9,615,030$0$0$2,901,511
84$10,498,343$0$0$3,172,009
85$11,468,686$0$0$3,469,296
86$12,534,839$0$0$3,796,080
87$13,706,474$0$0$4,155,342
88$14,994,247$0$0$4,550,368
89$16,409,900$0$0$4,984,780
90$17,966,366$0$0$5,462,566
91$19,677,895$0$0$5,988,119
92$21,560,187$0$0$6,566,283
93$23,630,540$0$0$7,202,392
94$25,908,013$0$0$7,902,324
95$28,413,603$0$0$8,672,555
96$31,170,446$0$0$9,520,222
97$34,204,036$0$0$10,453,188
98$37,542,459$0$0$11,480,117
99$41,216,664$0$0$12,610,554
100$45,260,752$0$0$13,855,019