Can I retire at age 50 with 754,000?

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 $754,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$62,265$61,710$61,169$60,641$60,125$58,719
2 years$30,824$30,250$29,694$29,154$28,631$27,223
3 years$20,345$19,769$19,214$18,679$18,165$16,798
4 years$15,107$14,532$13,983$13,457$12,955$11,640
5 years$11,965$11,393$10,851$10,337$9,848$8,589
6 years$9,871$9,304$8,769$8,266$7,793$6,590
7 years$8,375$7,813$7,287$6,796$6,338$5,192
8 years$7,254$6,697$6,180$5,701$5,258$4,169
9 years$6,383$5,831$5,323$4,856$4,428$3,395
10 years$5,686$5,140$4,641$4,186$3,773$2,795
11 years$5,117$4,576$4,086$3,643$3,245$2,320
12 years$4,642$4,107$3,626$3,195$2,812$1,939
13 years$4,241$3,711$3,240$2,821$2,452$1,629
14 years$3,898$3,374$2,911$2,504$2,149$1,375
15 years$3,600$3,082$2,628$2,233$1,892$1,165
16 years$3,341$2,828$2,383$2,000$1,672$990
17 years$3,111$2,604$2,168$1,797$1,483$843
18 years$2,908$2,406$1,979$1,619$1,319$720
19 years$2,726$2,230$1,812$1,463$1,175$616
20 years$2,563$2,072$1,663$1,325$1,050$527
21 years$2,415$1,930$1,530$1,203$939$452
22 years$2,281$1,802$1,410$1,093$842$388
23 years$2,159$1,685$1,302$996$756$334
24 years$2,047$1,579$1,204$908$679$287
25 years$1,944$1,482$1,115$829$611$247
26 years$1,849$1,393$1,034$758$551$213
27 years$1,762$1,311$960$694$496$183
28 years$1,681$1,235$893$636$448$158
29 years$1,605$1,165$831$583$405$136
30 years$1,535$1,100$774$535$366$118
31 years$1,469$1,040$721$492$330$101
32 years$1,408$984$673$452$299$88
33 years$1,350$932$628$415$271$76
34 years$1,296$883$587$382$245$65
35 years$1,245$838$549$352$222$56
36 years$1,198$795$514$324$201$49
37 years$1,152$755$481$299$182$42
38 years$1,110$718$450$275$165$36
39 years$1,069$683$422$254$150$31
40 years$1,031$649$395$234$136$27
41 years$994$618$371$216$123$23
42 years$960$589$348$199$112$20
43 years$927$561$326$184$101$17
44 years$896$535$306$170$92$15
45 years$866$510$288$157$84$13
46 years$838$486$270$145$76$11
47 years$811$464$254$134$69$10
48 years$785$443$238$124$63$8
49 years$760$423$224$114$57$7
50 years$736$404$211$106$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $754,000, adding $6,319 every year, while hoping to spend $44,484 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: 61/26/13 Blend
49$754,000$754,000$754,000$754,000
50$837,426$797,464$785,777$885,491
51$875,513$789,209$764,770$910,291
52$915,994$779,059$741,568$931,735
53$959,066$766,873$716,051$954,059
54$1,004,945$752,504$688,093$977,351
55$1,053,867$735,795$657,562$1,001,708
56$1,106,091$716,579$624,321$1,027,241
57$1,161,902$694,681$588,225$1,054,074
58$1,221,609$669,913$549,124$1,082,344
59$1,285,554$642,080$506,860$1,112,206
60$1,354,111$610,972$461,270$1,143,833
61$1,427,689$576,369$412,182$1,177,418
62$1,506,740$538,037$359,416$1,213,174
63$1,591,756$495,730$302,785$1,251,343
64$1,683,281$449,186$242,095$1,292,191
65$1,781,910$398,131$177,139$1,336,017
66$1,888,298$342,273$107,707$1,383,152
67$2,003,164$281,303$33,574$1,433,966
68$2,127,297$214,897$0$1,488,871
69$2,261,565$142,711$0$1,554,640
70$2,406,923$64,383$0$1,630,846
71$2,564,421$0$0$1,713,427
72$2,735,210$0$0$1,808,907
73$2,920,561$0$0$1,932,566
74$3,121,867$0$0$2,066,921
75$3,340,665$0$0$2,213,004
76$3,578,641$0$0$2,371,948
77$3,837,653$0$0$2,545,000
78$4,119,746$0$0$2,733,533
79$4,427,167$0$0$2,939,059
80$4,762,393$0$0$3,163,240
81$5,128,146$0$0$3,407,906
82$5,527,427$0$0$3,675,070
83$5,963,534$0$0$3,966,952
84$6,440,102$0$0$4,285,992
85$6,961,131$0$0$4,634,879
86$7,531,025$0$0$5,016,570
87$8,154,634$0$0$5,434,326
88$8,837,298$0$0$5,891,733
89$9,584,896$0$0$6,392,744
90$10,403,905$0$0$6,941,710
91$11,301,455$0$0$7,543,423
92$12,285,400$0$0$8,203,161
93$13,364,390$0$0$8,926,737
94$14,547,952$0$0$9,720,553
95$15,846,580$0$0$10,591,663
96$17,271,833$0$0$11,547,833
97$18,836,442$0$0$12,597,621
98$20,554,431$0$0$13,750,453
99$22,441,251$0$0$15,016,711
100$24,513,919$0$0$16,407,835