Can I retire at age 50 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$61,934$61,383$60,844$60,319$59,806$59,132
2 years$30,661$30,090$29,536$29,000$28,479$27,801
3 years$20,237$19,664$19,112$18,580$18,068$17,407
4 years$15,027$14,455$13,909$13,386$12,886$12,246
5 years$11,901$11,333$10,794$10,282$9,796$9,179
6 years$9,818$9,254$8,723$8,222$7,751$7,159
7 years$8,331$7,772$7,249$6,760$6,304$5,736
8 years$7,216$6,662$6,147$5,671$5,230$4,686
9 years$6,349$5,800$5,295$4,830$4,404$3,885
10 years$5,656$5,113$4,616$4,164$3,753$3,257
11 years$5,090$4,551$4,064$3,624$3,227$2,756
12 years$4,618$4,085$3,607$3,179$2,797$2,348
13 years$4,219$3,692$3,222$2,806$2,439$2,012
14 years$3,877$3,356$2,895$2,491$2,138$1,733
15 years$3,581$3,066$2,614$2,222$1,882$1,499
16 years$3,323$2,813$2,370$1,989$1,664$1,301
17 years$3,095$2,590$2,157$1,787$1,475$1,132
18 years$2,892$2,394$1,969$1,611$1,312$988
19 years$2,712$2,218$1,802$1,455$1,169$864
20 years$2,549$2,061$1,654$1,318$1,044$757
21 years$2,402$1,920$1,521$1,196$934$664
22 years$2,269$1,792$1,402$1,088$838$583
23 years$2,147$1,676$1,295$991$752$513
24 years$2,036$1,571$1,197$903$676$452
25 years$1,934$1,474$1,109$825$608$398
26 years$1,839$1,385$1,029$754$548$351
27 years$1,752$1,304$955$691$494$310
28 years$1,672$1,228$888$633$446$274
29 years$1,597$1,159$826$580$402$242
30 years$1,527$1,094$770$532$364$214
31 years$1,461$1,035$717$489$329$189
32 years$1,400$979$669$449$297$167
33 years$1,343$927$625$413$269$148
34 years$1,289$879$584$380$244$131
35 years$1,239$833$546$350$221$116
36 years$1,191$791$511$322$200$103
37 years$1,146$751$478$297$181$91
38 years$1,104$714$448$274$164$81
39 years$1,063$679$419$252$149$72
40 years$1,025$646$393$233$135$63
41 years$989$615$369$215$123$56
42 years$955$586$346$198$111$50
43 years$922$558$324$183$101$44
44 years$891$532$305$169$92$39
45 years$861$507$286$156$83$35
46 years$833$484$269$144$76$31
47 years$806$462$252$133$69$27
48 years$780$441$237$123$62$24
49 years$756$421$223$114$57$22
50 years$732$402$210$105$51$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $750,000, adding $6,086 every year, while hoping to spend $21,004 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: 42/36/22 Blend
49$750,000$750,000$750,000$750,000
50$832,778$793,028$781,403$862,163
51$895,373$809,538$785,232$900,183
52$963,649$826,153$788,485$938,846
53$1,038,163$842,857$791,121$980,290
54$1,119,528$859,629$793,096$1,024,783
55$1,208,420$876,451$794,365$1,072,620
56$1,305,583$893,301$794,880$1,124,124
57$1,411,833$910,154$794,589$1,179,655
58$1,528,073$926,984$793,441$1,239,609
59$1,655,295$943,765$791,380$1,304,420
60$1,794,592$960,466$788,348$1,374,571
61$1,947,166$977,055$784,283$1,450,591
62$2,114,343$993,496$779,122$1,533,068
63$2,297,581$1,009,753$772,799$1,622,647
64$2,498,489$1,025,785$765,242$1,720,041
65$2,718,836$1,041,550$756,378$1,826,035
66$2,960,571$1,057,000$746,131$1,941,498
67$3,225,842$1,072,086$734,419$2,067,387
68$3,517,015$1,086,755$721,159$2,204,756
69$3,836,695$1,100,950$706,262$2,354,771
70$4,187,751$1,114,610$689,636$2,518,716
71$4,573,347$1,127,671$671,183$2,698,008
72$4,996,964$1,140,063$650,804$2,894,210
73$5,462,440$1,151,711$628,391$3,109,045
74$5,974,002$1,162,538$603,835$3,344,416
75$6,536,306$1,172,458$577,020$3,602,420
76$7,154,484$1,181,383$547,824$3,885,370
77$7,834,187$1,189,217$516,122$4,195,818
78$8,581,643$1,195,858$481,781$4,536,577
79$9,403,713$1,201,197$444,664$4,910,751
80$10,307,957$1,205,121$404,625$5,321,764
81$11,302,703$1,207,507$361,515$5,773,388
82$12,397,129$1,208,224$315,175$6,269,788
83$13,601,344$1,207,136$265,442$6,815,553
84$14,926,491$1,204,095$212,144$7,415,746
85$16,384,843$1,198,946$155,101$8,075,949
86$17,989,927$1,191,524$94,127$8,802,316
87$19,756,645$1,181,654$29,025$9,601,636
88$21,701,418$1,169,150$0$10,481,391
89$23,842,340$1,153,816$0$11,459,331
90$26,199,348$1,135,443$0$12,542,945
91$28,794,412$1,113,809$0$13,735,499
92$31,651,738$1,088,682$0$15,048,106
93$34,798,001$1,059,813$0$16,493,020
94$38,262,593$1,026,940$0$18,083,744
95$42,077,902$989,784$0$19,835,164
96$46,279,617$948,053$0$21,763,687
97$50,907,064$901,434$0$23,887,396
98$56,003,580$849,599$0$26,226,225
99$61,616,915$792,200$0$28,802,143
100$67,799,692$728,870$0$31,639,365