Can I retire at age 50 with 750,000?

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 $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%19.3%
1 years$61,934$61,383$60,844$60,319$59,806$57,570
2 years$30,661$30,090$29,536$29,000$28,479$26,252
3 years$20,237$19,664$19,112$18,580$18,068$15,920
4 years$15,027$14,455$13,909$13,386$12,886$10,833
5 years$11,901$11,333$10,794$10,282$9,796$7,843
6 years$9,818$9,254$8,723$8,222$7,751$5,901
7 years$8,331$7,772$7,249$6,760$6,304$4,555
8 years$7,216$6,662$6,147$5,671$5,230$3,580
9 years$6,349$5,800$5,295$4,830$4,404$2,853
10 years$5,656$5,113$4,616$4,164$3,753$2,296
11 years$5,090$4,551$4,064$3,624$3,227$1,862
12 years$4,618$4,085$3,607$3,179$2,797$1,520
13 years$4,219$3,692$3,222$2,806$2,439$1,246
14 years$3,877$3,356$2,895$2,491$2,138$1,026
15 years$3,581$3,066$2,614$2,222$1,882$847
16 years$3,323$2,813$2,370$1,989$1,664$702
17 years$3,095$2,590$2,157$1,787$1,475$582
18 years$2,892$2,394$1,969$1,611$1,312$484
19 years$2,712$2,218$1,802$1,455$1,169$403
20 years$2,549$2,061$1,654$1,318$1,044$336
21 years$2,402$1,920$1,521$1,196$934$280
22 years$2,269$1,792$1,402$1,088$838$234
23 years$2,147$1,676$1,295$991$752$195
24 years$2,036$1,571$1,197$903$676$163
25 years$1,934$1,474$1,109$825$608$136
26 years$1,839$1,385$1,029$754$548$114
27 years$1,752$1,304$955$691$494$96
28 years$1,672$1,228$888$633$446$80
29 years$1,597$1,159$826$580$402$67
30 years$1,527$1,094$770$532$364$56
31 years$1,461$1,035$717$489$329$47
32 years$1,400$979$669$449$297$39
33 years$1,343$927$625$413$269$33
34 years$1,289$879$584$380$244$28
35 years$1,239$833$546$350$221$23
36 years$1,191$791$511$322$200$19
37 years$1,146$751$478$297$181$16
38 years$1,104$714$448$274$164$14
39 years$1,063$679$419$252$149$11
40 years$1,025$646$393$233$135$10
41 years$989$615$369$215$123$8
42 years$955$586$346$198$111$7
43 years$922$558$324$183$101$6
44 years$891$532$305$169$92$5
45 years$861$507$286$156$83$4
46 years$833$484$269$144$76$3
47 years$806$462$252$133$69$3
48 years$780$441$237$123$62$2
49 years$756$421$223$114$57$2
50 years$732$402$210$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $750,000, adding $2,530 every year, while hoping to spend $26,429 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: 38/44/18 Blend
49$750,000$750,000$750,000$750,000
50$829,110$789,360$777,735$856,044
51$885,559$799,918$775,669$886,210
52$946,880$810,108$772,647$916,089
53$1,013,542$819,884$768,611$947,826
54$1,086,061$829,196$763,498$981,603
55$1,165,004$837,992$757,240$1,017,622
56$1,250,998$846,216$749,771$1,056,106
57$1,344,728$853,809$741,017$1,097,301
58$1,446,952$860,708$730,902$1,141,482
59$1,558,502$866,843$719,348$1,188,950
60$1,680,295$872,144$706,272$1,240,042
61$1,813,340$876,534$691,587$1,295,127
62$1,958,747$879,931$675,202$1,354,618
63$2,117,740$882,249$657,023$1,418,969
64$2,291,666$883,395$636,949$1,488,681
65$2,482,006$883,271$614,877$1,564,313
66$2,690,393$881,774$590,698$1,646,479
67$2,918,625$878,793$564,298$1,735,860
68$3,168,682$874,212$535,560$1,833,210
69$3,442,744$867,905$504,357$1,939,360
70$3,743,213$859,741$470,562$2,055,232
71$4,072,732$849,580$434,037$2,181,843
72$4,434,216$837,274$394,642$2,320,318
73$4,830,872$822,666$352,229$2,471,902
74$5,266,234$805,590$306,642$2,637,968
75$5,744,195$785,869$257,720$2,820,036
76$6,269,044$763,318$205,294$3,019,784
77$6,845,504$737,738$149,189$3,239,066
78$7,478,779$708,921$89,221$3,479,931
79$8,174,602$676,645$25,197$3,744,642
80$8,939,288$640,677$0$4,035,699
81$9,779,794$600,769$0$4,364,144
82$10,703,786$556,660$0$4,730,447
83$11,719,708$508,072$0$5,133,171
84$12,836,865$454,714$0$5,576,078
85$14,065,506$396,277$0$6,063,317
86$15,416,927$332,433$0$6,599,466
87$16,903,570$262,839$0$7,189,576
88$18,539,145$187,128$0$7,839,221
89$20,338,758$104,918$0$8,554,548
90$22,319,053$15,801$0$9,342,339
91$24,498,369$0$0$10,210,075
92$26,896,912$0$0$11,205,058
93$29,536,948$0$0$12,308,764
94$32,443,009$0$0$13,523,812
95$35,642,127$0$0$14,861,520
96$39,164,088$0$0$16,334,361
97$43,041,712$0$0$17,956,077
98$47,311,165$0$0$19,741,809
99$52,012,297$0$0$21,708,243
100$57,189,019$0$0$23,873,765