Can I retire at age 50 with 755,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%13.9%
1 years$62,347$61,792$61,250$60,721$60,205$59,232
2 years$30,865$30,290$29,733$29,193$28,669$27,691
3 years$20,372$19,795$19,239$18,704$18,189$17,237
4 years$15,127$14,551$14,001$13,475$12,972$12,054
5 years$11,981$11,408$10,866$10,350$9,861$8,979
6 years$9,884$9,316$8,781$8,277$7,803$6,957
7 years$8,386$7,823$7,297$6,805$6,346$5,537
8 years$7,264$6,706$6,188$5,709$5,265$4,493
9 years$6,392$5,839$5,330$4,863$4,434$3,698
10 years$5,694$5,147$4,647$4,192$3,778$3,078
11 years$5,124$4,582$4,091$3,648$3,249$2,584
12 years$4,649$4,112$3,631$3,200$2,815$2,185
13 years$4,247$3,716$3,244$2,825$2,455$1,858
14 years$3,903$3,378$2,915$2,508$2,152$1,588
15 years$3,605$3,086$2,631$2,236$1,895$1,362
16 years$3,345$2,831$2,386$2,002$1,675$1,172
17 years$3,115$2,608$2,171$1,799$1,485$1,012
18 years$2,912$2,409$1,982$1,621$1,320$875
19 years$2,730$2,233$1,814$1,465$1,177$758
20 years$2,566$2,075$1,665$1,327$1,051$658
21 years$2,418$1,933$1,532$1,204$941$572
22 years$2,284$1,804$1,412$1,095$843$498
23 years$2,161$1,687$1,303$997$757$434
24 years$2,049$1,581$1,205$909$680$379
25 years$1,947$1,484$1,116$831$612$331
26 years$1,852$1,394$1,035$759$551$289
27 years$1,764$1,312$961$695$497$253
28 years$1,683$1,237$894$637$449$221
29 years$1,607$1,167$832$584$405$193
30 years$1,537$1,102$775$536$366$169
31 years$1,471$1,042$722$492$331$148
32 years$1,410$985$674$452$299$130
33 years$1,352$933$629$416$271$114
34 years$1,298$885$588$383$245$100
35 years$1,247$839$550$352$222$87
36 years$1,199$796$514$325$201$77
37 years$1,154$756$481$299$182$67
38 years$1,111$719$451$276$165$59
39 years$1,071$683$422$254$150$52
40 years$1,032$650$396$234$136$45
41 years$996$619$371$216$123$40
42 years$961$590$348$200$112$35
43 years$928$562$327$184$102$31
44 years$897$535$307$170$92$27
45 years$867$511$288$157$84$24
46 years$839$487$270$145$76$21
47 years$812$465$254$134$69$18
48 years$786$444$239$124$63$16
49 years$761$424$224$114$57$14
50 years$737$405$211$106$52$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $755,000, adding $2,549 every year, while hoping to spend $37,700 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: 67/14/19 Blend
49$755,000$755,000$755,000$755,000
50$834,639$794,624$782,922$886,470
51$879,660$793,448$769,037$920,298
52$928,009$790,951$753,424$952,666
53$979,987$787,029$735,984$987,149
54$1,035,922$781,569$716,616$1,023,953
55$1,096,175$774,455$695,212$1,063,306
56$1,161,144$765,563$671,661$1,105,461
57$1,231,264$754,759$645,845$1,150,698
58$1,307,015$741,904$617,642$1,199,326
59$1,388,922$726,849$586,925$1,251,686
60$1,477,564$709,436$553,559$1,308,157
61$1,573,578$689,501$517,405$1,369,157
62$1,677,662$666,865$478,317$1,435,147
63$1,790,585$641,343$436,142$1,506,638
64$1,913,193$612,737$390,722$1,584,194
65$2,046,416$580,839$341,888$1,668,438
66$2,191,277$545,427$289,468$1,760,060
67$2,348,902$506,268$233,280$1,859,821
68$2,520,530$463,114$173,135$1,968,562
69$2,707,522$415,706$108,833$2,087,211
70$2,911,380$363,766$40,170$2,216,797
71$3,133,754$307,003$0$2,358,452
72$3,376,460$245,109$0$2,520,140
73$3,641,499$177,760$0$2,705,659
74$3,931,071$104,610$0$2,908,433
75$4,247,602$25,297$0$3,130,196
76$4,593,759$0$0$3,372,863
77$4,972,480$0$0$3,647,873
78$5,387,001$0$0$3,953,190
79$5,840,884$0$0$4,287,546
80$6,338,052$0$0$4,653,837
81$6,882,824$0$0$5,055,252
82$7,479,960$0$0$5,495,303
83$8,134,699$0$0$5,977,858
84$8,852,813$0$0$6,507,178
85$9,640,658$0$0$7,087,955
86$10,505,236$0$0$7,725,359
87$11,454,260$0$0$8,425,082
88$12,496,225$0$0$9,193,397
89$13,640,490$0$0$10,037,212
90$14,897,364$0$0$10,964,138
91$16,278,204$0$0$11,982,559
92$17,795,521$0$0$13,101,712
93$19,463,098$0$0$14,331,771
94$21,296,119$0$0$15,683,948
95$23,311,313$0$0$17,170,592
96$25,527,112$0$0$18,805,311
97$27,963,820$0$0$20,603,095
98$30,643,811$0$0$22,580,462
99$33,591,732$0$0$24,755,610
100$36,834,743$0$0$27,148,589