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%11.4%
1 years$62,017$61,464$60,926$60,399$59,886$59,533
2 years$30,701$30,130$29,575$29,038$28,517$28,161
3 years$20,264$19,690$19,137$18,605$18,092$17,745
4 years$15,047$14,474$13,927$13,404$12,904$12,566
5 years$11,917$11,348$10,808$10,295$9,809$9,484
6 years$9,831$9,266$8,734$8,233$7,762$7,448
7 years$8,342$7,782$7,258$6,769$6,312$6,011
8 years$7,226$6,671$6,156$5,678$5,237$4,947
9 years$6,358$5,808$5,302$4,837$4,410$4,133
10 years$5,664$5,119$4,622$4,169$3,758$3,492
11 years$5,096$4,558$4,069$3,629$3,232$2,978
12 years$4,624$4,091$3,611$3,183$2,800$2,558
13 years$4,224$3,697$3,227$2,810$2,442$2,211
14 years$3,882$3,360$2,899$2,494$2,141$1,921
15 years$3,586$3,070$2,618$2,224$1,885$1,676
16 years$3,327$2,816$2,373$1,992$1,666$1,467
17 years$3,099$2,594$2,159$1,790$1,477$1,289
18 years$2,896$2,397$1,971$1,613$1,313$1,135
19 years$2,715$2,221$1,805$1,457$1,171$1,001
20 years$2,552$2,064$1,656$1,320$1,046$886
21 years$2,405$1,923$1,523$1,198$936$784
22 years$2,272$1,795$1,404$1,089$839$696
23 years$2,150$1,679$1,296$992$753$618
24 years$2,039$1,573$1,199$905$677$550
25 years$1,936$1,476$1,110$826$609$490
26 years$1,842$1,387$1,030$755$548$436
27 years$1,755$1,305$956$691$495$389
28 years$1,674$1,230$889$634$446$347
29 years$1,599$1,160$827$581$403$310
30 years$1,529$1,096$771$533$364$277
31 years$1,463$1,036$718$490$329$248
32 years$1,402$980$670$450$298$221
33 years$1,345$928$626$414$269$198
34 years$1,291$880$585$381$244$177
35 years$1,240$835$547$351$221$159
36 years$1,193$792$511$323$200$142
37 years$1,148$752$479$297$181$127
38 years$1,105$715$448$274$165$114
39 years$1,065$680$420$253$149$102
40 years$1,027$647$394$233$135$92
41 years$991$616$369$215$123$82
42 years$956$586$346$199$111$74
43 years$923$559$325$183$101$66
44 years$892$533$305$169$92$59
45 years$863$508$286$156$83$53
46 years$834$484$269$144$76$48
47 years$807$462$253$133$69$43
48 years$782$441$237$123$62$38
49 years$757$421$223$114$57$34
50 years$733$403$210$105$51$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $751,000, adding $6,390 every year, while hoping to spend $29,766 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: 74/14/12 Blend
49$751,000$751,000$751,000$751,000
50$834,193$794,390$782,750$893,440
51$887,610$801,645$777,301$940,694
52$945,478$808,257$770,672$988,119
53$1,008,219$814,164$762,792$1,039,262
54$1,076,299$819,299$753,587$1,094,484
55$1,150,227$823,591$742,978$1,154,180
56$1,230,567$826,963$730,885$1,218,789
57$1,317,937$829,336$717,221$1,288,792
58$1,413,017$830,624$701,898$1,364,720
59$1,516,555$830,735$684,822$1,447,159
60$1,629,375$829,573$665,896$1,536,754
61$1,752,385$827,035$645,017$1,634,218
62$1,886,581$823,013$622,077$1,740,334
63$2,033,062$817,390$596,967$1,855,967
64$2,193,036$810,044$569,567$1,982,071
65$2,367,835$800,846$539,757$2,119,697
66$2,558,923$789,656$507,408$2,270,003
67$2,767,914$776,330$472,386$2,434,268
68$2,996,583$760,712$434,553$2,613,899
69$3,246,886$742,638$393,762$2,810,449
70$3,520,976$721,936$349,861$3,025,630
71$3,821,226$698,420$302,691$3,261,329
72$4,150,245$671,897$252,086$3,519,627
73$4,510,912$642,162$197,872$3,802,817
74$4,906,392$608,995$139,868$4,113,430
75$5,340,176$572,167$77,885$4,454,252
76$5,816,105$531,435$11,726$4,828,357
77$6,338,413$486,541$0$5,239,134
78$6,911,762$437,212$0$5,697,857
79$7,541,288$383,161$0$6,203,198
80$8,232,647$324,085$0$6,758,222
81$8,992,074$259,661$0$7,367,966
82$9,826,432$189,551$0$8,037,977
83$10,743,285$113,396$0$8,774,370
84$11,750,966$30,819$0$9,583,885
85$12,858,655$0$0$10,473,949
86$14,076,464$0$0$11,461,771
87$15,415,535$0$0$12,553,212
88$16,888,145$0$0$13,753,534
89$18,507,818$0$0$15,073,765
90$20,289,456$0$0$16,526,057
91$22,249,477$0$0$18,123,798
92$24,405,971$0$0$19,881,739
93$26,778,869$0$0$21,816,133
94$29,390,132$0$0$23,944,889
95$32,263,959$0$0$26,287,739
96$35,427,011$0$0$28,866,424
97$38,908,667$0$0$31,704,901
98$42,741,296$0$0$34,829,568
99$46,960,568$0$0$38,269,509
100$51,605,785$0$0$42,056,775