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%17.3%
1 years$62,099$61,546$61,007$60,480$59,966$58,186
2 years$30,742$30,170$29,615$29,077$28,555$26,777
3 years$20,291$19,716$19,163$18,630$18,116$16,395
4 years$15,067$14,494$13,946$13,422$12,921$11,270
5 years$11,933$11,363$10,822$10,309$9,822$8,246
6 years$9,844$9,279$8,746$8,244$7,772$6,272
7 years$8,353$7,792$7,268$6,778$6,321$4,897
8 years$7,235$6,679$6,164$5,686$5,244$3,895
9 years$6,366$5,816$5,309$4,843$4,416$3,142
10 years$5,671$5,126$4,628$4,175$3,763$2,560
11 years$5,103$4,564$4,075$3,633$3,236$2,104
12 years$4,630$4,096$3,616$3,187$2,804$1,740
13 years$4,230$3,702$3,231$2,814$2,445$1,446
14 years$3,888$3,365$2,903$2,498$2,144$1,208
15 years$3,591$3,074$2,621$2,227$1,887$1,012
16 years$3,332$2,820$2,376$1,994$1,668$850
17 years$3,103$2,597$2,162$1,792$1,479$716
18 years$2,900$2,400$1,974$1,615$1,315$604
19 years$2,719$2,224$1,807$1,459$1,172$510
20 years$2,556$2,067$1,658$1,322$1,047$432
21 years$2,409$1,925$1,525$1,199$937$366
22 years$2,275$1,797$1,406$1,091$840$310
23 years$2,153$1,681$1,298$993$754$263
24 years$2,041$1,575$1,201$906$678$223
25 years$1,939$1,478$1,112$827$610$190
26 years$1,844$1,389$1,031$756$549$161
27 years$1,757$1,307$958$692$495$137
28 years$1,676$1,232$890$634$447$117
29 years$1,601$1,162$828$582$403$99
30 years$1,531$1,097$772$534$365$85
31 years$1,465$1,037$719$490$330$72
32 years$1,404$982$671$451$298$61
33 years$1,347$930$627$414$270$52
34 years$1,293$881$586$381$244$45
35 years$1,242$836$547$351$221$38
36 years$1,194$793$512$323$200$32
37 years$1,149$753$479$298$182$28
38 years$1,107$716$449$275$165$23
39 years$1,066$681$421$253$149$20
40 years$1,028$648$394$233$135$17
41 years$992$617$370$215$123$15
42 years$957$587$347$199$112$12
43 years$925$559$325$184$101$11
44 years$893$533$305$169$92$9
45 years$864$509$287$156$83$8
46 years$835$485$269$145$76$7
47 years$808$463$253$134$69$6
48 years$783$442$238$123$62$5
49 years$758$422$224$114$57$4
50 years$734$403$210$105$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $752,000, adding $2,439 every year, while hoping to spend $25,833 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: 82/13/5 Blend
49$752,000$752,000$752,000$752,000
50$831,220$791,364$779,708$899,103
51$888,518$802,655$778,342$955,099
52$950,795$813,633$776,064$1,012,834
53$1,018,531$824,256$772,818$1,075,406
54$1,092,255$834,478$768,541$1,143,283
55$1,172,549$844,251$763,170$1,216,982
56$1,260,052$853,523$756,640$1,297,070
57$1,355,470$862,238$748,880$1,384,174
58$1,459,577$870,337$739,817$1,478,981
59$1,573,227$877,757$729,374$1,582,251
60$1,697,361$884,431$717,472$1,694,820
61$1,833,011$890,288$704,027$1,817,608
62$1,981,317$895,250$688,951$1,951,629
63$2,143,532$899,239$672,152$2,098,000
64$2,321,037$902,166$653,534$2,257,954
65$2,515,352$903,941$632,996$2,432,844
66$2,728,151$904,467$610,434$2,624,165
67$2,961,276$903,640$585,737$2,833,564
68$3,216,758$901,350$558,791$3,062,853
69$3,496,832$897,481$529,476$3,314,031
70$3,803,961$891,909$497,665$3,589,300
71$4,140,855$884,504$463,227$3,891,086
72$4,510,504$875,125$426,026$4,222,061
73$4,916,195$863,627$385,919$4,585,172
74$5,361,555$849,852$342,754$4,983,664
75$5,850,574$833,635$296,377$5,421,115
76$6,387,650$814,801$246,624$5,901,467
77$6,977,628$793,164$193,323$6,429,062
78$7,625,845$768,528$136,299$7,008,688
79$8,338,180$740,684$75,363$7,645,620
80$9,121,109$709,413$10,323$8,345,670
81$9,981,769$674,481$0$9,115,245
82$10,928,021$635,642$0$9,964,556
83$11,968,526$592,635$0$10,899,024
84$13,112,827$545,186$0$11,926,683
85$14,371,437$493,002$0$13,056,993
86$15,755,941$435,775$0$14,300,381
87$17,279,099$373,181$0$15,668,335
88$18,954,976$304,876$0$17,173,515
89$20,799,065$230,495$0$18,829,873
90$22,828,437$149,657$0$20,652,783
91$25,061,902$61,956$0$22,659,189
92$27,520,188$0$0$24,867,760
93$30,226,131$0$0$27,303,797
94$33,204,895$0$0$29,995,221
95$36,484,207$0$0$32,958,222
96$40,094,620$0$0$36,220,409
97$44,069,800$0$0$39,812,204
98$48,446,842$0$0$43,767,126
99$53,266,623$0$0$48,122,115
100$58,574,185$0$0$52,917,870