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%15.9%
1 years$62,347$61,792$61,250$60,721$60,205$58,749
2 years$30,865$30,290$29,733$29,193$28,669$27,211
3 years$20,372$19,795$19,239$18,704$18,189$16,775
4 years$15,127$14,551$14,001$13,475$12,972$11,613
5 years$11,981$11,408$10,866$10,350$9,861$8,560
6 years$9,884$9,316$8,781$8,277$7,803$6,561
7 years$8,386$7,823$7,297$6,805$6,346$5,163
8 years$7,264$6,706$6,188$5,709$5,265$4,141
9 years$6,392$5,839$5,330$4,863$4,434$3,368
10 years$5,694$5,147$4,647$4,192$3,778$2,769
11 years$5,124$4,582$4,091$3,648$3,249$2,296
12 years$4,649$4,112$3,631$3,200$2,815$1,916
13 years$4,247$3,716$3,244$2,825$2,455$1,608
14 years$3,903$3,378$2,915$2,508$2,152$1,355
15 years$3,605$3,086$2,631$2,236$1,895$1,147
16 years$3,345$2,831$2,386$2,002$1,675$973
17 years$3,115$2,608$2,171$1,799$1,485$828
18 years$2,912$2,409$1,982$1,621$1,320$706
19 years$2,730$2,233$1,814$1,465$1,177$603
20 years$2,566$2,075$1,665$1,327$1,051$515
21 years$2,418$1,933$1,532$1,204$941$441
22 years$2,284$1,804$1,412$1,095$843$378
23 years$2,161$1,687$1,303$997$757$325
24 years$2,049$1,581$1,205$909$680$279
25 years$1,947$1,484$1,116$831$612$240
26 years$1,852$1,394$1,035$759$551$206
27 years$1,764$1,312$961$695$497$177
28 years$1,683$1,237$894$637$449$152
29 years$1,607$1,167$832$584$405$131
30 years$1,537$1,102$775$536$366$113
31 years$1,471$1,042$722$492$331$97
32 years$1,410$985$674$452$299$84
33 years$1,352$933$629$416$271$72
34 years$1,298$885$588$383$245$62
35 years$1,247$839$550$352$222$54
36 years$1,199$796$514$325$201$46
37 years$1,154$756$481$299$182$40
38 years$1,111$719$451$276$165$34
39 years$1,071$683$422$254$150$30
40 years$1,032$650$396$234$136$26
41 years$996$619$371$216$123$22
42 years$961$590$348$200$112$19
43 years$928$562$327$184$102$16
44 years$897$535$307$170$92$14
45 years$867$511$288$157$84$12
46 years$839$487$270$145$76$11
47 years$812$465$254$134$69$9
48 years$786$444$239$124$63$8
49 years$761$424$224$114$57$7
50 years$737$405$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 $755,000, adding $6,824 every year, while hoping to spend $30,755 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: 31/40/29 Blend
49$755,000$755,000$755,000$755,000
50$839,049$799,034$787,331$857,457
51$891,909$805,464$780,984$878,733
52$949,130$811,177$773,393$898,466
53$1,011,124$816,108$764,485$919,108
54$1,078,345$820,183$754,181$940,761
55$1,151,291$823,327$742,401$963,538
56$1,230,510$825,458$729,059$987,568
57$1,316,607$826,490$714,067$1,012,993
58$1,410,243$826,331$697,331$1,039,974
59$1,512,150$824,883$678,754$1,068,690
60$1,623,130$822,043$658,233$1,099,341
61$1,744,068$817,701$635,662$1,132,152
62$1,875,935$811,741$610,929$1,167,373
63$2,019,803$804,040$583,918$1,205,282
64$2,176,851$794,465$554,507$1,246,191
65$2,348,374$782,878$522,567$1,290,447
66$2,535,802$769,133$487,967$1,338,435
67$2,740,705$753,072$450,566$1,390,585
68$2,964,816$734,532$410,219$1,447,377
69$3,210,040$713,336$366,773$1,509,342
70$3,478,475$689,301$320,072$1,577,072
71$3,772,433$662,230$269,947$1,651,225
72$4,094,457$631,915$216,227$1,732,531
73$4,447,351$598,139$158,729$1,821,802
74$4,834,201$560,667$97,267$1,919,937
75$5,258,406$519,257$31,642$2,027,938
76$5,723,710$473,647$0$2,146,911
77$6,234,237$423,564$0$2,289,967
78$6,794,529$368,718$0$2,457,809
79$7,409,589$308,804$0$2,642,217
80$8,084,929$243,497$0$2,844,938
81$8,826,620$172,456$0$3,067,901
82$9,641,350$95,321$0$3,313,239
83$10,536,486$11,710$0$3,583,308
84$11,520,145$0$0$3,880,713
85$12,601,269$0$0$4,243,003
86$13,789,709$0$0$4,647,050
87$15,096,318$0$0$5,091,404
88$16,533,052$0$0$5,580,149
89$18,113,086$0$0$6,117,782
90$19,850,934$0$0$6,709,261
91$21,762,588$0$0$7,360,045
92$23,865,666$0$0$8,076,152
93$26,179,582$0$0$8,864,212
94$28,725,725$0$0$9,731,528
95$31,527,663$0$0$10,686,151
96$34,611,365$0$0$11,736,949
97$38,005,442$0$0$12,893,694
98$41,741,422$0$0$14,167,153
99$45,854,044$0$0$15,569,191
100$50,381,585$0$0$17,112,883