Can I retire at age 50 with 755,000?

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 $755,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$62,347$61,792$61,250$60,721$60,205$58,893
2 years$30,865$30,290$29,733$29,193$28,669$27,354
3 years$20,372$19,795$19,239$18,704$18,189$16,912
4 years$15,127$14,551$14,001$13,475$12,972$11,743
5 years$11,981$11,408$10,866$10,350$9,861$8,683
6 years$9,884$9,316$8,781$8,277$7,803$6,677
7 years$8,386$7,823$7,297$6,805$6,346$5,273
8 years$7,264$6,706$6,188$5,709$5,265$4,243
9 years$6,392$5,839$5,330$4,863$4,434$3,464
10 years$5,694$5,147$4,647$4,192$3,778$2,858
11 years$5,124$4,582$4,091$3,648$3,249$2,379
12 years$4,649$4,112$3,631$3,200$2,815$1,993
13 years$4,247$3,716$3,244$2,825$2,455$1,680
14 years$3,903$3,378$2,915$2,508$2,152$1,422
15 years$3,605$3,086$2,631$2,236$1,895$1,208
16 years$3,345$2,831$2,386$2,002$1,675$1,029
17 years$3,115$2,608$2,171$1,799$1,485$879
18 years$2,912$2,409$1,982$1,621$1,320$753
19 years$2,730$2,233$1,814$1,465$1,177$646
20 years$2,566$2,075$1,665$1,327$1,051$555
21 years$2,418$1,933$1,532$1,204$941$477
22 years$2,284$1,804$1,412$1,095$843$411
23 years$2,161$1,687$1,303$997$757$354
24 years$2,049$1,581$1,205$909$680$306
25 years$1,947$1,484$1,116$831$612$264
26 years$1,852$1,394$1,035$759$551$228
27 years$1,764$1,312$961$695$497$197
28 years$1,683$1,237$894$637$449$170
29 years$1,607$1,167$832$584$405$147
30 years$1,537$1,102$775$536$366$128
31 years$1,471$1,042$722$492$331$110
32 years$1,410$985$674$452$299$96
33 years$1,352$933$629$416$271$83
34 years$1,298$885$588$383$245$72
35 years$1,247$839$550$352$222$62
36 years$1,199$796$514$325$201$54
37 years$1,154$756$481$299$182$47
38 years$1,111$719$451$276$165$40
39 years$1,071$683$422$254$150$35
40 years$1,032$650$396$234$136$30
41 years$996$619$371$216$123$26
42 years$961$590$348$200$112$23
43 years$928$562$327$184$102$20
44 years$897$535$307$170$92$17
45 years$867$511$288$157$84$15
46 years$839$487$270$145$76$13
47 years$812$465$254$134$69$11
48 years$786$444$239$124$63$10
49 years$761$424$224$114$57$8
50 years$737$405$211$106$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $755,000, adding $6,125 every year, while hoping to spend $55,336 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: 47/33/20 Blend
49$755,000$755,000$755,000$755,000
50$838,328$798,313$786,610$872,701
51$864,960$778,553$754,085$877,548
52$892,455$755,971$718,615$876,770
53$920,840$730,368$680,044$874,773
54$950,148$701,538$638,207$871,464
55$980,409$669,260$592,934$866,750
56$1,011,658$633,301$544,044$860,530
57$1,043,928$593,414$491,350$852,698
58$1,077,256$549,338$434,658$843,142
59$1,111,679$500,799$373,762$831,744
60$1,147,236$447,504$308,449$818,380
61$1,183,969$389,146$238,496$802,918
62$1,221,919$325,399$163,671$785,219
63$1,261,131$255,920$83,730$765,138
64$1,301,652$180,346$0$742,521
65$1,343,531$98,293$0$717,544
66$1,386,818$9,357$0$708,788
67$1,431,568$0$0$698,246
68$1,477,835$0$0$717,343
69$1,525,680$0$0$740,609
70$1,575,163$0$0$764,676
71$1,626,351$0$0$789,577
72$1,679,311$0$0$815,345
73$1,734,116$0$0$842,015
74$1,790,842$0$0$869,627
75$1,849,569$0$0$898,220
76$1,910,382$0$0$927,835
77$1,973,371$0$0$958,518
78$2,038,630$0$0$990,317
79$2,106,262$0$0$1,023,280
80$2,176,372$0$0$1,057,462
81$2,249,075$0$0$1,092,920
82$2,324,490$0$0$1,129,714
83$2,402,748$0$0$1,167,908
84$2,483,984$0$0$1,207,572
85$2,568,345$0$0$1,248,778
86$2,655,987$0$0$1,291,605
87$2,747,078$0$0$1,336,137
88$2,841,795$0$0$1,382,465
89$2,940,331$0$0$1,430,684
90$3,042,891$0$0$1,480,898
91$3,149,695$0$0$1,533,220
92$3,260,980$0$0$1,587,768
93$3,377,002$0$0$1,644,672
94$3,498,036$0$0$1,704,071
95$3,624,377$0$0$1,766,115
96$3,756,346$0$0$1,830,968
97$3,894,288$0$0$1,898,803
98$4,038,575$0$0$1,969,812
99$4,189,612$0$0$2,044,200
100$4,347,838$0$0$2,122,189