Can I retire at age 50 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$62,099$61,546$61,007$60,480$59,966$58,421
2 years$30,742$30,170$29,615$29,077$28,555$27,009
3 years$20,291$19,716$19,163$18,630$18,116$16,618
4 years$15,067$14,494$13,946$13,422$12,921$11,481
5 years$11,933$11,363$10,822$10,309$9,822$8,445
6 years$9,844$9,279$8,746$8,244$7,772$6,458
7 years$8,353$7,792$7,268$6,778$6,321$5,071
8 years$7,235$6,679$6,164$5,686$5,244$4,058
9 years$6,366$5,816$5,309$4,843$4,416$3,292
10 years$5,671$5,126$4,628$4,175$3,763$2,700
11 years$5,103$4,564$4,075$3,633$3,236$2,233
12 years$4,630$4,096$3,616$3,187$2,804$1,859
13 years$4,230$3,702$3,231$2,814$2,445$1,556
14 years$3,888$3,365$2,903$2,498$2,144$1,308
15 years$3,591$3,074$2,621$2,227$1,887$1,103
16 years$3,332$2,820$2,376$1,994$1,668$933
17 years$3,103$2,597$2,162$1,792$1,479$792
18 years$2,900$2,400$1,974$1,615$1,315$673
19 years$2,719$2,224$1,807$1,459$1,172$573
20 years$2,556$2,067$1,658$1,322$1,047$489
21 years$2,409$1,925$1,525$1,199$937$417
22 years$2,275$1,797$1,406$1,091$840$356
23 years$2,153$1,681$1,298$993$754$305
24 years$2,041$1,575$1,201$906$678$261
25 years$1,939$1,478$1,112$827$610$224
26 years$1,844$1,389$1,031$756$549$192
27 years$1,757$1,307$958$692$495$164
28 years$1,676$1,232$890$634$447$141
29 years$1,601$1,162$828$582$403$121
30 years$1,531$1,097$772$534$365$104
31 years$1,465$1,037$719$490$330$89
32 years$1,404$982$671$451$298$77
33 years$1,347$930$627$414$270$66
34 years$1,293$881$586$381$244$56
35 years$1,242$836$547$351$221$48
36 years$1,194$793$512$323$200$42
37 years$1,149$753$479$298$182$36
38 years$1,107$716$449$275$165$31
39 years$1,066$681$421$253$149$26
40 years$1,028$648$394$233$135$23
41 years$992$617$370$215$123$20
42 years$957$587$347$199$112$17
43 years$925$559$325$184$101$14
44 years$893$533$305$169$92$12
45 years$864$509$287$156$83$11
46 years$835$485$269$145$76$9
47 years$808$463$253$134$69$8
48 years$783$442$238$123$62$7
49 years$758$422$224$114$57$6
50 years$734$403$210$105$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $752,000, adding $6,604 every year, while hoping to spend $25,817 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: 48/45/7 Blend
49$752,000$752,000$752,000$752,000
50$835,516$795,660$784,004$873,765
51$893,270$807,178$782,799$912,179
52$956,049$818,396$780,688$950,593
53$1,024,339$829,270$777,615$991,692
54$1,098,674$839,757$773,517$1,035,733
55$1,179,641$849,808$768,333$1,083,001
56$1,267,888$859,372$761,995$1,133,808
57$1,364,125$868,394$754,435$1,188,500
58$1,469,137$876,815$745,579$1,247,458
59$1,583,784$884,575$735,351$1,311,104
60$1,709,017$891,606$723,672$1,379,902
61$1,845,879$897,837$710,458$1,454,366
62$1,995,522$903,194$695,621$1,535,063
63$2,159,211$907,596$679,070$1,622,618
64$2,338,340$910,959$660,709$1,717,721
65$2,534,446$913,191$640,438$1,821,136
66$2,749,220$914,197$618,153$1,933,703
67$2,984,522$913,874$593,743$2,056,351
68$3,242,403$912,115$567,094$2,190,106
69$3,525,123$908,803$538,086$2,336,099
70$3,835,168$903,817$506,594$2,495,579
71$4,175,278$897,026$472,487$2,669,925
72$4,548,470$888,294$435,629$2,860,658
73$4,958,068$877,475$395,877$3,069,458
74$5,407,733$864,413$353,081$3,298,176
75$5,901,498$848,945$307,086$3,548,859
76$6,443,806$830,899$257,728$3,823,762
77$7,039,550$810,089$204,838$4,125,375
78$7,694,122$786,321$148,238$4,456,445
79$8,413,461$759,390$87,743$4,820,004
80$9,204,111$729,077$23,159$5,219,396
81$10,073,281$695,152$0$5,658,311
82$11,028,911$657,370$0$6,144,237
83$12,079,753$615,474$0$6,680,316
84$13,235,447$569,191$0$7,269,786
85$14,506,613$518,232$0$7,918,129
86$15,904,954$462,292$0$8,631,392
87$17,443,365$401,049$0$9,416,242
88$19,136,050$334,163$0$10,280,034
89$20,998,663$261,273$0$11,230,877
90$23,048,451$182,000$0$12,277,715
91$25,304,418$95,942$0$13,430,410
92$27,787,500$2,676$0$14,699,838
93$30,520,772$0$0$16,097,992
94$33,529,654$0$0$17,686,746
95$36,842,158$0$0$19,437,382
96$40,489,151$0$0$21,364,900
97$44,504,644$0$0$23,487,289
98$48,926,113$0$0$25,824,372
99$53,794,855$0$0$28,397,991
100$59,156,374$0$0$31,232,214