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%19.4%
1 years$62,099$61,546$61,007$60,480$59,966$57,700
2 years$30,742$30,170$29,615$29,077$28,555$26,299
3 years$20,291$19,716$19,163$18,630$18,116$15,941
4 years$15,067$14,494$13,946$13,422$12,921$10,842
5 years$11,933$11,363$10,822$10,309$9,822$7,846
6 years$9,844$9,279$8,746$8,244$7,772$5,899
7 years$8,353$7,792$7,268$6,778$6,321$4,551
8 years$7,235$6,679$6,164$5,686$5,244$3,575
9 years$6,366$5,816$5,309$4,843$4,416$2,847
10 years$5,671$5,126$4,628$4,175$3,763$2,290
11 years$5,103$4,564$4,075$3,633$3,236$1,856
12 years$4,630$4,096$3,616$3,187$2,804$1,514
13 years$4,230$3,702$3,231$2,814$2,445$1,240
14 years$3,888$3,365$2,903$2,498$2,144$1,020
15 years$3,591$3,074$2,621$2,227$1,887$842
16 years$3,332$2,820$2,376$1,994$1,668$697
17 years$3,103$2,597$2,162$1,792$1,479$578
18 years$2,900$2,400$1,974$1,615$1,315$480
19 years$2,719$2,224$1,807$1,459$1,172$399
20 years$2,556$2,067$1,658$1,322$1,047$332
21 years$2,409$1,925$1,525$1,199$937$277
22 years$2,275$1,797$1,406$1,091$840$231
23 years$2,153$1,681$1,298$993$754$193
24 years$2,041$1,575$1,201$906$678$161
25 years$1,939$1,478$1,112$827$610$135
26 years$1,844$1,389$1,031$756$549$113
27 years$1,757$1,307$958$692$495$94
28 years$1,676$1,232$890$634$447$79
29 years$1,601$1,162$828$582$403$66
30 years$1,531$1,097$772$534$365$55
31 years$1,465$1,037$719$490$330$46
32 years$1,404$982$671$451$298$39
33 years$1,347$930$627$414$270$32
34 years$1,293$881$586$381$244$27
35 years$1,242$836$547$351$221$23
36 years$1,194$793$512$323$200$19
37 years$1,149$753$479$298$182$16
38 years$1,107$716$449$275$165$13
39 years$1,066$681$421$253$149$11
40 years$1,028$648$394$233$135$9
41 years$992$617$370$215$123$8
42 years$957$587$347$199$112$7
43 years$925$559$325$184$101$5
44 years$893$533$305$169$92$5
45 years$864$509$287$156$83$4
46 years$835$485$269$145$76$3
47 years$808$463$253$134$69$3
48 years$783$442$238$123$62$2
49 years$758$422$224$114$57$2
50 years$734$403$210$105$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $752,000, adding $5,514 every year, while hoping to spend $53,434 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: 70/25/5 Blend
49$752,000$752,000$752,000$752,000
50$834,392$794,536$782,880$891,987
51$862,646$776,615$752,253$912,836
52$891,992$756,024$718,809$928,498
53$922,484$732,578$682,398$944,147
54$954,180$706,077$642,861$959,767
55$987,144$676,313$600,034$975,344
56$1,021,442$643,062$553,745$990,863
57$1,057,148$606,091$503,815$1,006,309
58$1,094,339$565,151$450,054$1,021,668
59$1,133,098$519,980$392,267$1,036,924
60$1,173,516$470,300$330,250$1,052,065
61$1,215,688$415,819$263,787$1,067,076
62$1,259,720$356,226$192,655$1,081,947
63$1,305,724$291,193$116,622$1,096,666
64$1,353,822$220,376$35,443$1,111,224
65$1,404,146$143,409$0$1,125,614
66$1,456,839$59,905$0$1,142,562
67$1,512,054$0$0$1,161,531
68$1,569,960$0$0$1,189,047
69$1,630,738$0$0$1,235,238
70$1,694,586$0$0$1,283,775
71$1,761,717$0$0$1,334,822
72$1,832,366$0$0$1,388,559
73$1,906,787$0$0$1,445,182
74$1,985,255$0$0$1,504,902
75$2,068,072$0$0$1,567,952
76$2,155,566$0$0$1,634,583
77$2,248,097$0$0$1,705,072
78$2,346,054$0$0$1,779,720
79$2,449,865$0$0$1,858,854
80$2,559,998$0$0$1,942,834
81$2,676,961$0$0$2,032,054
82$2,801,314$0$0$2,126,942
83$2,933,667$0$0$2,227,968
84$3,074,689$0$0$2,335,648
85$3,225,111$0$0$2,450,544
86$3,385,735$0$0$2,573,274
87$3,557,441$0$0$2,704,516
88$3,741,191$0$0$2,845,010
89$3,938,041$0$0$2,995,571
90$4,149,150$0$0$3,157,090
91$4,375,790$0$0$3,330,548
92$4,619,355$0$0$3,517,018
93$4,881,376$0$0$3,717,681
94$5,163,535$0$0$3,933,833
95$5,467,679$0$0$4,166,895
96$5,795,835$0$0$4,418,433
97$6,150,232$0$0$4,690,162
98$6,533,320$0$0$4,983,971
99$6,947,789$0$0$5,301,933
100$7,396,598$0$0$5,646,330