Can I retire at age 50 with 751,000?

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 $751,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$62,017$61,464$60,926$60,399$59,886$58,273
2 years$30,701$30,130$29,575$29,038$28,517$26,903
3 years$20,264$19,690$19,137$18,605$18,092$16,529
4 years$15,047$14,474$13,927$13,404$12,904$11,402
5 years$11,917$11,348$10,808$10,295$9,809$8,373
6 years$9,831$9,266$8,734$8,233$7,762$6,393
7 years$8,342$7,782$7,258$6,769$6,312$5,012
8 years$7,226$6,671$6,156$5,678$5,237$4,003
9 years$6,358$5,808$5,302$4,837$4,410$3,242
10 years$5,664$5,119$4,622$4,169$3,758$2,654
11 years$5,096$4,558$4,069$3,629$3,232$2,190
12 years$4,624$4,091$3,611$3,183$2,800$1,820
13 years$4,224$3,697$3,227$2,810$2,442$1,520
14 years$3,882$3,360$2,899$2,494$2,141$1,275
15 years$3,586$3,070$2,618$2,224$1,885$1,073
16 years$3,327$2,816$2,373$1,992$1,666$906
17 years$3,099$2,594$2,159$1,790$1,477$767
18 years$2,896$2,397$1,971$1,613$1,313$651
19 years$2,715$2,221$1,805$1,457$1,171$553
20 years$2,552$2,064$1,656$1,320$1,046$470
21 years$2,405$1,923$1,523$1,198$936$400
22 years$2,272$1,795$1,404$1,089$839$341
23 years$2,150$1,679$1,296$992$753$291
24 years$2,039$1,573$1,199$905$677$249
25 years$1,936$1,476$1,110$826$609$213
26 years$1,842$1,387$1,030$755$548$182
27 years$1,755$1,305$956$691$495$155
28 years$1,674$1,230$889$634$446$133
29 years$1,599$1,160$827$581$403$114
30 years$1,529$1,096$771$533$364$97
31 years$1,463$1,036$718$490$329$83
32 years$1,402$980$670$450$298$72
33 years$1,345$928$626$414$269$61
34 years$1,291$880$585$381$244$53
35 years$1,240$835$547$351$221$45
36 years$1,193$792$511$323$200$39
37 years$1,148$752$479$297$181$33
38 years$1,105$715$448$274$165$28
39 years$1,065$680$420$253$149$24
40 years$1,027$647$394$233$135$21
41 years$991$616$369$215$123$18
42 years$956$586$346$199$111$15
43 years$923$559$325$183$101$13
44 years$892$533$305$169$92$11
45 years$863$508$286$156$83$10
46 years$834$484$269$144$76$8
47 years$807$462$253$133$69$7
48 years$782$441$237$123$62$6
49 years$757$421$223$114$57$5
50 years$733$403$210$105$51$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $751,000, adding $4,032 every year, while hoping to spend $47,988 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: 86/9/5 Blend
49$751,000$751,000$751,000$751,000
50$831,761$791,958$780,318$902,978
51$865,542$779,705$755,399$937,728
52$901,160$765,243$728,038$968,856
53$938,752$748,414$698,101$1,001,502
54$978,467$729,049$665,450$1,035,786
55$1,020,468$706,970$629,940$1,071,837
56$1,064,932$681,988$591,419$1,109,799
57$1,112,054$653,903$549,730$1,149,827
58$1,162,044$622,506$504,707$1,192,095
59$1,215,136$587,571$456,178$1,236,792
60$1,271,581$548,864$403,961$1,284,127
61$1,331,657$506,133$347,869$1,334,330
62$1,395,669$459,116$287,705$1,387,652
63$1,463,947$407,533$223,263$1,444,373
64$1,536,856$351,088$154,328$1,504,798
65$1,614,794$289,471$80,678$1,569,264
66$1,698,200$222,351$2,077$1,638,144
67$1,787,551$149,382$0$1,711,845
68$1,883,375$70,195$0$1,795,184
69$1,986,248$0$0$1,884,694
70$2,096,803$0$0$1,982,370
71$2,215,736$0$0$2,094,934
72$2,343,809$0$0$2,216,155
73$2,481,860$0$0$2,346,828
74$2,630,811$0$0$2,487,825
75$2,791,673$0$0$2,640,105
76$2,965,556$0$0$2,804,721
77$3,153,684$0$0$2,982,831
78$3,357,398$0$0$3,175,706
79$3,578,175$0$0$3,384,747
80$3,817,639$0$0$3,611,491
81$4,077,575$0$0$3,857,631
82$4,359,945$0$0$4,125,026
83$4,666,911$0$0$4,415,724
84$5,000,849$0$0$4,731,976
85$5,364,372$0$0$5,076,260
86$5,760,358$0$0$5,451,303
87$6,191,973$0$0$5,860,104
88$6,662,699$0$0$6,305,964
89$7,176,374$0$0$6,792,518
90$7,737,216$0$0$7,323,767
91$8,349,873$0$0$7,904,112
92$9,019,460$0$0$8,538,403
93$9,751,609$0$0$9,231,975
94$10,552,521$0$0$9,990,705
95$11,429,022$0$0$10,821,064
96$12,388,630$0$0$11,730,175
97$13,439,625$0$0$12,725,884
98$14,591,123$0$0$13,816,832
99$15,853,165$0$0$15,012,533
100$17,236,808$0$0$16,323,466