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%11.2%
1 years$61,934$61,383$60,844$60,319$59,806$59,504
2 years$30,661$30,090$29,536$29,000$28,479$28,174
3 years$20,237$19,664$19,112$18,580$18,068$17,770
4 years$15,027$14,455$13,909$13,386$12,886$12,597
5 years$11,901$11,333$10,794$10,282$9,796$9,517
6 years$9,818$9,254$8,723$8,222$7,751$7,482
7 years$8,331$7,772$7,249$6,760$6,304$6,045
8 years$7,216$6,662$6,147$5,671$5,230$4,981
9 years$6,349$5,800$5,295$4,830$4,404$4,166
10 years$5,656$5,113$4,616$4,164$3,753$3,524
11 years$5,090$4,551$4,064$3,624$3,227$3,009
12 years$4,618$4,085$3,607$3,179$2,797$2,588
13 years$4,219$3,692$3,222$2,806$2,439$2,240
14 years$3,877$3,356$2,895$2,491$2,138$1,948
15 years$3,581$3,066$2,614$2,222$1,882$1,702
16 years$3,323$2,813$2,370$1,989$1,664$1,492
17 years$3,095$2,590$2,157$1,787$1,475$1,312
18 years$2,892$2,394$1,969$1,611$1,312$1,157
19 years$2,712$2,218$1,802$1,455$1,169$1,023
20 years$2,549$2,061$1,654$1,318$1,044$906
21 years$2,402$1,920$1,521$1,196$934$804
22 years$2,269$1,792$1,402$1,088$838$714
23 years$2,147$1,676$1,295$991$752$635
24 years$2,036$1,571$1,197$903$676$566
25 years$1,934$1,474$1,109$825$608$504
26 years$1,839$1,385$1,029$754$548$450
27 years$1,752$1,304$955$691$494$402
28 years$1,672$1,228$888$633$446$359
29 years$1,597$1,159$826$580$402$322
30 years$1,527$1,094$770$532$364$288
31 years$1,461$1,035$717$489$329$258
32 years$1,400$979$669$449$297$231
33 years$1,343$927$625$413$269$207
34 years$1,289$879$584$380$244$185
35 years$1,239$833$546$350$221$166
36 years$1,191$791$511$322$200$149
37 years$1,146$751$478$297$181$134
38 years$1,104$714$448$274$164$120
39 years$1,063$679$419$252$149$108
40 years$1,025$646$393$233$135$97
41 years$989$615$369$215$123$87
42 years$955$586$346$198$111$78
43 years$922$558$324$183$101$70
44 years$891$532$305$169$92$63
45 years$861$507$286$156$83$57
46 years$833$484$269$144$76$51
47 years$806$462$252$133$69$46
48 years$780$441$237$123$62$41
49 years$756$421$223$114$57$37
50 years$732$402$210$105$51$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $750,000, adding $5,809 every year, while hoping to spend $42,506 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: 80/10/10 Blend
49$750,000$750,000$750,000$750,000
50$832,492$792,742$781,117$897,274
51$872,180$786,360$762,058$934,225
52$914,492$778,241$740,937$968,621
53$959,650$768,255$717,638$1,005,109
54$1,007,898$756,263$692,043$1,043,877
55$1,059,504$742,121$664,027$1,085,135
56$1,114,761$725,673$633,459$1,129,110
57$1,173,991$706,755$600,204$1,176,055
58$1,237,546$685,194$564,119$1,226,248
59$1,305,814$660,806$525,055$1,279,997
60$1,379,220$633,398$482,857$1,337,639
61$1,458,229$602,764$437,362$1,399,547
62$1,543,355$568,685$388,400$1,466,133
63$1,635,160$530,934$335,794$1,537,852
64$1,734,261$489,265$279,358$1,615,202
65$1,841,340$443,422$218,900$1,698,736
66$1,957,140$393,134$154,218$1,789,064
67$2,082,485$338,114$85,100$1,886,856
68$2,218,274$278,057$11,327$1,992,854
69$2,365,500$212,644$0$2,107,874
70$2,525,254$141,536$0$2,240,010
71$2,698,734$64,376$0$2,384,821
72$2,887,260$0$0$2,542,222
73$3,092,283$0$0$2,715,563
74$3,315,401$0$0$2,911,929
75$3,558,369$0$0$3,125,786
76$3,823,120$0$0$3,358,836
77$4,111,784$0$0$3,612,955
78$4,426,700$0$0$3,890,207
79$4,770,446$0$0$4,192,864
80$5,145,859$0$0$4,523,426
81$5,556,062$0$0$4,884,647
82$6,004,494$0$0$5,279,557
83$6,494,940$0$0$5,711,493
84$7,031,568$0$0$6,184,129
85$7,618,968$0$0$6,701,511
86$8,262,193$0$0$7,268,094
87$8,966,809$0$0$7,888,784
88$9,738,944$0$0$8,568,984
89$10,585,350$0$0$9,314,644
90$11,513,459$0$0$10,132,317
91$12,531,460$0$0$11,029,221
92$13,648,372$0$0$12,013,307
93$14,874,128$0$0$13,093,332
94$16,219,670$0$0$14,278,941
95$17,697,051$0$0$15,580,760
96$19,319,548$0$0$17,010,494
97$21,101,789$0$0$18,581,036
98$23,059,885$0$0$20,306,591
99$25,211,587$0$0$22,202,807
100$27,576,449$0$0$24,286,922