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%15.6%
1 years$62,512$61,956$61,412$60,882$60,364$58,977
2 years$30,947$30,370$29,812$29,270$28,745$27,355
3 years$20,426$19,847$19,290$18,754$18,237$16,888
4 years$15,167$14,590$14,038$13,511$13,007$11,708
5 years$12,012$11,439$10,894$10,378$9,888$8,644
6 years$9,910$9,341$8,804$8,299$7,824$6,636
7 years$8,409$7,844$7,316$6,823$6,363$5,231
8 years$7,283$6,724$6,205$5,724$5,278$4,203
9 years$6,408$5,854$5,344$4,875$4,445$3,425
10 years$5,709$5,160$4,659$4,203$3,788$2,821
11 years$5,137$4,594$4,102$3,658$3,257$2,343
12 years$4,661$4,123$3,640$3,208$2,823$1,960
13 years$4,258$3,726$3,252$2,832$2,462$1,648
14 years$3,913$3,387$2,922$2,514$2,158$1,392
15 years$3,615$3,094$2,638$2,242$1,900$1,180
16 years$3,354$2,839$2,392$2,008$1,679$1,003
17 years$3,124$2,614$2,177$1,804$1,489$855
18 years$2,919$2,416$1,987$1,626$1,324$731
19 years$2,737$2,239$1,819$1,469$1,180$625
20 years$2,573$2,081$1,669$1,330$1,054$536
21 years$2,425$1,938$1,536$1,207$943$460
22 years$2,290$1,809$1,415$1,098$845$395
23 years$2,167$1,692$1,307$1,000$759$340
24 years$2,055$1,585$1,209$912$682$293
25 years$1,952$1,488$1,119$833$614$252
26 years$1,857$1,398$1,038$761$553$217
27 years$1,769$1,316$964$697$498$187
28 years$1,687$1,240$896$639$450$162
29 years$1,611$1,170$834$586$406$139
30 years$1,541$1,105$777$537$367$120
31 years$1,475$1,044$724$494$332$104
32 years$1,413$988$676$454$300$90
33 years$1,356$936$631$417$272$78
34 years$1,301$887$589$384$246$67
35 years$1,250$841$551$353$223$58
36 years$1,202$798$516$325$202$50
37 years$1,157$758$483$300$183$43
38 years$1,114$721$452$276$166$37
39 years$1,073$685$423$255$150$32
40 years$1,035$652$397$235$136$28
41 years$998$621$372$217$124$24
42 years$964$591$349$200$112$21
43 years$931$563$328$185$102$18
44 years$899$537$307$171$92$16
45 years$870$512$289$158$84$14
46 years$841$488$271$146$76$12
47 years$814$466$255$134$69$10
48 years$788$445$239$124$63$9
49 years$763$425$225$115$57$8
50 years$739$406$212$106$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $757,000, adding $3,426 every year, while hoping to spend $22,547 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: 67/22/11 Blend
49$757,000$757,000$757,000$757,000
50$837,748$797,627$785,893$891,671
51$899,208$812,721$788,231$943,078
52$966,182$827,799$789,891$996,258
53$1,039,208$842,836$790,828$1,053,817
54$1,118,878$857,806$790,991$1,116,181
55$1,205,845$872,680$790,331$1,183,818
56$1,300,827$887,427$788,793$1,257,247
57$1,404,615$902,015$786,322$1,337,036
58$1,518,080$916,407$782,857$1,423,814
59$1,642,178$930,565$778,337$1,518,273
60$1,777,966$944,449$772,697$1,621,174
61$1,926,606$958,014$765,870$1,733,358
62$2,089,376$971,214$757,783$1,855,750
63$2,267,687$983,997$748,362$1,989,370
64$2,463,088$996,310$737,530$2,135,344
65$2,677,289$1,008,095$725,203$2,294,909
66$2,912,173$1,019,292$711,298$2,469,433
67$3,169,811$1,029,834$695,723$2,660,419
68$3,452,487$1,039,651$678,385$2,869,527
69$3,762,715$1,048,669$659,185$3,098,586
70$4,103,266$1,056,808$638,022$3,349,610
71$4,477,192$1,063,983$614,788$3,624,822
72$4,887,852$1,070,105$589,371$3,926,668
73$5,338,951$1,075,078$561,652$4,257,849
74$5,834,566$1,078,799$531,510$4,621,337
75$6,379,192$1,081,161$498,816$5,020,412
76$6,977,779$1,082,047$463,436$5,458,687
77$7,635,781$1,081,336$425,229$5,940,145
78$8,359,207$1,078,898$384,051$6,469,175
79$9,154,677$1,074,594$339,747$7,050,617
80$10,029,483$1,068,279$292,158$7,689,803
81$10,991,662$1,059,797$241,117$8,392,612
82$12,050,068$1,048,982$186,450$9,165,523
83$13,214,454$1,035,662$127,976$10,015,678
84$14,495,569$1,019,650$65,504$10,950,948
85$15,905,255$1,000,751$0$11,980,009
86$17,456,560$978,756$0$13,112,560
87$19,163,860$953,446$0$14,367,218
88$21,042,997$924,588$0$15,747,929
89$23,111,425$891,935$0$17,267,523
90$25,388,377$855,227$0$18,940,140
91$27,895,045$814,187$0$20,781,364
92$30,654,781$768,523$0$22,808,369
93$33,693,314$717,927$0$25,040,079
94$37,038,998$662,071$0$27,497,355
95$40,723,074$600,611$0$30,203,184
96$44,779,968$533,181$0$33,182,898
97$49,247,614$459,396$0$36,464,418
98$54,167,813$378,849$0$40,078,511
99$59,586,626$291,108$0$44,059,089
100$65,554,809$195,720$0$48,443,520