Can I retire at age 50 with 751,000?

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 $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%13.5%
1 years$62,017$61,464$60,926$60,399$59,886$59,015
2 years$30,701$30,130$29,575$29,038$28,517$27,642
3 years$20,264$19,690$19,137$18,605$18,092$17,240
4 years$15,047$14,474$13,927$13,404$12,904$12,080
5 years$11,917$11,348$10,808$10,295$9,809$9,017
6 years$9,831$9,266$8,734$8,233$7,762$7,002
7 years$8,342$7,782$7,258$6,769$6,312$5,585
8 years$7,226$6,671$6,156$5,678$5,237$4,542
9 years$6,358$5,808$5,302$4,837$4,410$3,748
10 years$5,664$5,119$4,622$4,169$3,758$3,127
11 years$5,096$4,558$4,069$3,629$3,232$2,632
12 years$4,624$4,091$3,611$3,183$2,800$2,231
13 years$4,224$3,697$3,227$2,810$2,442$1,903
14 years$3,882$3,360$2,899$2,494$2,141$1,630
15 years$3,586$3,070$2,618$2,224$1,885$1,402
16 years$3,327$2,816$2,373$1,992$1,666$1,210
17 years$3,099$2,594$2,159$1,790$1,477$1,047
18 years$2,896$2,397$1,971$1,613$1,313$908
19 years$2,715$2,221$1,805$1,457$1,171$790
20 years$2,552$2,064$1,656$1,320$1,046$688
21 years$2,405$1,923$1,523$1,198$936$600
22 years$2,272$1,795$1,404$1,089$839$524
23 years$2,150$1,679$1,296$992$753$458
24 years$2,039$1,573$1,199$905$677$401
25 years$1,936$1,476$1,110$826$609$351
26 years$1,842$1,387$1,030$755$548$308
27 years$1,755$1,305$956$691$495$270
28 years$1,674$1,230$889$634$446$237
29 years$1,599$1,160$827$581$403$208
30 years$1,529$1,096$771$533$364$182
31 years$1,463$1,036$718$490$329$160
32 years$1,402$980$670$450$298$141
33 years$1,345$928$626$414$269$124
34 years$1,291$880$585$381$244$109
35 years$1,240$835$547$351$221$96
36 years$1,193$792$511$323$200$84
37 years$1,148$752$479$297$181$74
38 years$1,105$715$448$274$165$65
39 years$1,065$680$420$253$149$57
40 years$1,027$647$394$233$135$51
41 years$991$616$369$215$123$45
42 years$956$586$346$199$111$39
43 years$923$559$325$183$101$35
44 years$892$533$305$169$92$30
45 years$863$508$286$156$83$27
46 years$834$484$269$144$76$24
47 years$807$462$253$133$69$21
48 years$782$441$237$123$62$18
49 years$757$421$223$114$57$16
50 years$733$403$210$105$51$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $751,000, adding $4,150 every year, while hoping to spend $56,158 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: 46/42/12 Blend
49$751,000$751,000$751,000$751,000
50$831,883$792,080$780,439$867,156
51$856,983$771,140$746,832$871,066
52$882,762$747,292$710,217$869,221
53$909,228$720,334$670,434$865,965
54$936,391$690,052$627,316$861,189
55$964,259$656,221$580,687$854,775
56$992,839$618,602$530,366$846,600
57$1,022,137$576,941$476,161$836,531
58$1,052,155$530,972$417,873$824,428
59$1,082,897$480,411$355,294$810,142
60$1,114,362$424,961$288,206$793,515
61$1,146,549$364,306$216,382$774,378
62$1,179,452$298,112$139,586$752,552
63$1,213,064$226,027$57,570$727,849
64$1,247,373$147,679$0$700,067
65$1,282,365$62,675$0$672,827
66$1,318,021$0$0$650,183
67$1,354,316$0$0$638,138
68$1,391,222$0$0$655,322
69$1,428,704$0$0$672,750
70$1,466,719$0$0$690,399
71$1,505,220$0$0$708,242
72$1,544,147$0$0$726,249
73$1,583,435$0$0$744,385
74$1,623,006$0$0$762,609
75$1,662,773$0$0$780,873
76$1,702,633$0$0$799,126
77$1,742,473$0$0$817,306
78$1,782,161$0$0$835,346
79$1,821,548$0$0$853,168
80$1,860,468$0$0$870,685
81$1,898,730$0$0$887,800
82$1,936,123$0$0$904,402
83$1,972,408$0$0$920,368
84$2,007,315$0$0$935,560
85$2,040,546$0$0$949,822
86$2,071,763$0$0$962,983
87$2,100,591$0$0$974,849
88$2,126,612$0$0$985,205
89$2,149,357$0$0$993,811
90$2,168,305$0$0$1,000,400
91$2,182,877$0$0$1,004,676
92$2,192,428$0$0$1,006,309
93$2,196,241$0$0$1,004,932
94$2,193,518$0$0$1,000,137
95$2,183,375$0$0$991,474
96$2,164,830$0$0$978,441
97$2,136,795$0$0$960,482
98$2,098,061$0$0$936,982
99$2,047,290$0$0$907,258
100$1,983,001$0$0$870,556