Can I retire at age 50 with 757,000?

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 $757,000?

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$62,512$61,956$61,412$60,882$60,364$58,905
2 years$30,947$30,370$29,812$29,270$28,745$27,283
3 years$20,426$19,847$19,290$18,754$18,237$16,819
4 years$15,167$14,590$14,038$13,511$13,007$11,643
5 years$12,012$11,439$10,894$10,378$9,888$8,582
6 years$9,910$9,341$8,804$8,299$7,824$6,578
7 years$8,409$7,844$7,316$6,823$6,363$5,177
8 years$7,283$6,724$6,205$5,724$5,278$4,152
9 years$6,408$5,854$5,344$4,875$4,445$3,377
10 years$5,709$5,160$4,659$4,203$3,788$2,776
11 years$5,137$4,594$4,102$3,658$3,257$2,302
12 years$4,661$4,123$3,640$3,208$2,823$1,921
13 years$4,258$3,726$3,252$2,832$2,462$1,612
14 years$3,913$3,387$2,922$2,514$2,158$1,359
15 years$3,615$3,094$2,638$2,242$1,900$1,150
16 years$3,354$2,839$2,392$2,008$1,679$976
17 years$3,124$2,614$2,177$1,804$1,489$830
18 years$2,919$2,416$1,987$1,626$1,324$707
19 years$2,737$2,239$1,819$1,469$1,180$604
20 years$2,573$2,081$1,669$1,330$1,054$517
21 years$2,425$1,938$1,536$1,207$943$442
22 years$2,290$1,809$1,415$1,098$845$379
23 years$2,167$1,692$1,307$1,000$759$325
24 years$2,055$1,585$1,209$912$682$279
25 years$1,952$1,488$1,119$833$614$240
26 years$1,857$1,398$1,038$761$553$206
27 years$1,769$1,316$964$697$498$178
28 years$1,687$1,240$896$639$450$153
29 years$1,611$1,170$834$586$406$132
30 years$1,541$1,105$777$537$367$113
31 years$1,475$1,044$724$494$332$98
32 years$1,413$988$676$454$300$84
33 years$1,356$936$631$417$272$72
34 years$1,301$887$589$384$246$62
35 years$1,250$841$551$353$223$54
36 years$1,202$798$516$325$202$46
37 years$1,157$758$483$300$183$40
38 years$1,114$721$452$276$166$35
39 years$1,073$685$423$255$150$30
40 years$1,035$652$397$235$136$26
41 years$998$621$372$217$124$22
42 years$964$591$349$200$112$19
43 years$931$563$328$185$102$16
44 years$899$537$307$171$92$14
45 years$870$512$289$158$84$12
46 years$841$488$271$146$76$11
47 years$814$466$255$134$69$9
48 years$788$445$239$124$63$8
49 years$763$425$225$115$57$7
50 years$739$406$212$106$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $757,000, adding $3,486 every year, while hoping to spend $20,743 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: 33/38/29 Blend
49$757,000$757,000$757,000$757,000
50$837,810$797,689$785,955$857,992
51$901,196$814,705$790,214$890,694
52$970,352$831,860$793,921$923,836
53$1,045,846$849,139$797,035$959,155
54$1,128,299$866,524$799,513$996,859
55$1,218,401$883,998$801,311$1,037,177
56$1,316,905$901,542$802,383$1,080,362
57$1,424,645$919,133$802,678$1,126,694
58$1,542,537$936,749$802,146$1,176,481
59$1,671,590$954,364$800,732$1,230,064
60$1,812,916$971,951$798,380$1,287,820
61$1,967,738$989,481$795,031$1,350,163
62$2,137,404$1,006,922$790,621$1,417,553
63$2,323,397$1,024,240$785,085$1,490,496
64$2,527,354$1,041,398$778,355$1,569,552
65$2,751,073$1,058,355$770,360$1,655,337
66$2,996,539$1,075,071$761,023$1,748,535
67$3,265,935$1,091,499$750,266$1,849,897
68$3,561,668$1,107,589$738,007$1,960,253
69$3,886,387$1,123,291$724,160$2,080,523
70$4,243,013$1,138,546$708,634$2,211,716
71$4,634,762$1,153,296$691,334$2,354,952
72$5,065,176$1,167,476$672,163$2,511,463
73$5,538,159$1,181,018$651,015$2,682,610
74$6,058,011$1,193,847$627,784$2,869,896
75$6,629,468$1,205,887$602,355$3,074,978
76$7,257,752$1,217,052$574,611$3,299,686
77$7,948,610$1,227,256$544,429$3,546,038
78$8,708,379$1,236,402$511,678$3,816,262
79$9,544,038$1,244,390$476,223$4,112,816
80$10,463,278$1,251,113$437,925$4,438,410
81$11,474,571$1,256,456$396,634$4,796,038
82$12,587,253$1,260,299$352,197$5,188,998
83$13,811,611$1,262,511$304,454$5,620,933
84$15,158,977$1,262,956$253,235$6,095,859
85$16,641,840$1,261,489$198,366$6,618,207
86$18,273,960$1,257,953$139,663$7,192,864
87$20,070,497$1,252,187$76,935$7,825,221
88$22,048,158$1,244,014$9,982$8,521,224
89$24,225,350$1,233,250$0$9,287,432
90$26,622,356$1,219,700$0$10,150,097
91$29,261,527$1,203,156$0$11,102,709
92$32,167,489$1,183,397$0$12,151,043
93$35,367,380$1,160,191$0$13,304,876
94$38,891,103$1,133,290$0$14,574,981
95$42,771,607$1,102,432$0$15,973,238
96$47,045,201$1,067,342$0$17,512,738
97$51,751,895$1,027,725$0$19,207,915
98$56,935,776$983,271$0$21,074,677
99$62,645,426$933,653$0$23,130,560
100$68,934,380$878,522$0$25,394,892