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%16.7%
1 years$62,017$61,464$60,926$60,399$59,886$58,249
2 years$30,701$30,130$29,575$29,038$28,517$26,880
3 years$20,264$19,690$19,137$18,605$18,092$16,506
4 years$15,047$14,474$13,927$13,404$12,904$11,381
5 years$11,917$11,348$10,808$10,295$9,809$8,354
6 years$9,831$9,266$8,734$8,233$7,762$6,375
7 years$8,342$7,782$7,258$6,769$6,312$4,994
8 years$7,226$6,671$6,156$5,678$5,237$3,987
9 years$6,358$5,808$5,302$4,837$4,410$3,227
10 years$5,664$5,119$4,622$4,169$3,758$2,640
11 years$5,096$4,558$4,069$3,629$3,232$2,177
12 years$4,624$4,091$3,611$3,183$2,800$1,808
13 years$4,224$3,697$3,227$2,810$2,442$1,509
14 years$3,882$3,360$2,899$2,494$2,141$1,265
15 years$3,586$3,070$2,618$2,224$1,885$1,064
16 years$3,327$2,816$2,373$1,992$1,666$898
17 years$3,099$2,594$2,159$1,790$1,477$759
18 years$2,896$2,397$1,971$1,613$1,313$644
19 years$2,715$2,221$1,805$1,457$1,171$546
20 years$2,552$2,064$1,656$1,320$1,046$464
21 years$2,405$1,923$1,523$1,198$936$395
22 years$2,272$1,795$1,404$1,089$839$337
23 years$2,150$1,679$1,296$992$753$287
24 years$2,039$1,573$1,199$905$677$245
25 years$1,936$1,476$1,110$826$609$209
26 years$1,842$1,387$1,030$755$548$179
27 years$1,755$1,305$956$691$495$153
28 years$1,674$1,230$889$634$446$131
29 years$1,599$1,160$827$581$403$112
30 years$1,529$1,096$771$533$364$96
31 years$1,463$1,036$718$490$329$82
32 years$1,402$980$670$450$298$70
33 years$1,345$928$626$414$269$60
34 years$1,291$880$585$381$244$51
35 years$1,240$835$547$351$221$44
36 years$1,193$792$511$323$200$38
37 years$1,148$752$479$297$181$32
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$20
41 years$991$616$369$215$123$17
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$9
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 $3,694 every year, while hoping to spend $44,881 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: 84/6/10 Blend
49$751,000$751,000$751,000$751,000
50$831,412$791,609$779,969$899,705
51$868,463$782,645$758,345$935,946
52$907,789$771,738$734,492$969,336
53$949,575$758,744$708,289$1,004,632
54$994,022$743,513$679,607$1,042,001
55$1,041,352$725,885$648,314$1,081,621
56$1,091,807$705,690$614,269$1,123,693
57$1,145,652$682,749$577,327$1,168,436
58$1,203,177$656,872$537,336$1,216,091
59$1,264,700$627,859$494,137$1,266,923
60$1,330,572$595,495$447,562$1,321,225
61$1,401,173$559,558$397,438$1,379,320
62$1,476,925$519,808$343,584$1,441,563
63$1,558,287$475,995$285,811$1,508,345
64$1,645,766$427,852$223,919$1,580,097
65$1,739,917$375,100$157,703$1,657,293
66$1,841,349$317,440$86,947$1,740,459
67$1,950,732$254,560$11,424$1,830,170
68$2,068,801$186,128$0$1,927,062
69$2,196,365$111,794$0$2,039,217
70$2,334,311$31,189$0$2,161,808
71$2,483,616$0$0$2,294,494
72$2,645,354$0$0$2,441,944
73$2,820,703$0$0$2,604,047
74$3,010,962$0$0$2,779,945
75$3,217,558$0$0$2,970,958
76$3,442,060$0$0$3,178,540
77$3,686,195$0$0$3,404,288
78$3,951,863$0$0$3,649,961
79$4,241,154$0$0$3,917,494
80$4,556,368$0$0$4,209,014
81$4,900,036$0$0$4,526,866
82$5,274,944$0$0$4,873,628
83$5,684,158$0$0$5,252,137
84$6,131,054$0$0$5,665,518
85$6,619,348$0$0$6,117,211
86$7,153,130$0$0$6,611,001
87$7,736,903$0$0$7,151,057
88$8,375,628$0$0$7,741,970
89$9,074,763$0$0$8,388,794
90$9,840,322$0$0$9,097,093
91$10,678,926$0$0$9,872,997
92$11,597,867$0$0$10,723,256
93$12,605,175$0$0$11,655,302
94$13,709,694$0$0$12,677,322
95$14,921,167$0$0$13,798,334
96$16,250,322$0$0$15,028,269
97$17,708,977$0$0$16,378,065
98$19,310,150$0$0$17,859,774
99$21,068,182$0$0$19,486,668
100$22,998,867$0$0$21,273,369