Can I retire at age 50 with 758,000?

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 $758,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$62,595$62,037$61,493$60,962$60,444$58,816
2 years$30,988$30,410$29,851$29,309$28,783$27,154
3 years$20,453$19,874$19,316$18,778$18,261$16,683
4 years$15,187$14,609$14,057$13,529$13,024$11,508
5 years$12,028$11,454$10,909$10,391$9,901$8,452
6 years$9,923$9,353$8,816$8,310$7,834$6,453
7 years$8,420$7,855$7,326$6,832$6,371$5,058
8 years$7,293$6,733$6,213$5,731$5,285$4,040
9 years$6,417$5,862$5,351$4,882$4,451$3,272
10 years$5,717$5,167$4,665$4,208$3,793$2,679
11 years$5,144$4,600$4,107$3,662$3,262$2,211
12 years$4,667$4,129$3,645$3,212$2,827$1,837
13 years$4,264$3,731$3,257$2,836$2,465$1,534
14 years$3,919$3,392$2,926$2,518$2,161$1,287
15 years$3,620$3,098$2,642$2,245$1,902$1,083
16 years$3,358$2,843$2,395$2,010$1,681$915
17 years$3,128$2,618$2,180$1,806$1,491$774
18 years$2,923$2,419$1,990$1,628$1,326$657
19 years$2,741$2,242$1,821$1,471$1,181$558
20 years$2,576$2,083$1,672$1,332$1,055$475
21 years$2,428$1,941$1,538$1,209$944$404
22 years$2,293$1,811$1,417$1,099$847$345
23 years$2,170$1,694$1,308$1,001$760$294
24 years$2,058$1,587$1,210$913$683$251
25 years$1,954$1,490$1,121$834$615$215
26 years$1,859$1,400$1,040$762$554$183
27 years$1,771$1,318$965$698$499$157
28 years$1,689$1,242$897$639$450$134
29 years$1,614$1,171$835$586$407$115
30 years$1,543$1,106$778$538$367$98
31 years$1,477$1,046$725$494$332$84
32 years$1,415$989$677$454$301$72
33 years$1,357$937$632$418$272$62
34 years$1,303$888$590$384$246$53
35 years$1,252$842$552$354$223$45
36 years$1,204$799$516$326$202$39
37 years$1,158$759$483$300$183$33
38 years$1,115$722$452$277$166$29
39 years$1,075$686$424$255$151$25
40 years$1,036$653$397$235$137$21
41 years$1,000$621$373$217$124$18
42 years$965$592$349$200$112$15
43 years$932$564$328$185$102$13
44 years$901$538$308$171$93$11
45 years$871$513$289$158$84$10
46 years$842$489$271$146$76$8
47 years$815$467$255$135$69$7
48 years$789$445$240$124$63$6
49 years$764$425$225$115$57$5
50 years$740$406$212$106$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $758,000, adding $2,833 every year, while hoping to spend $28,689 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: 72/13/15 Blend
49$758,000$758,000$758,000$758,000
50$838,238$798,064$786,315$895,574
51$893,214$806,645$782,132$942,553
52$952,835$814,684$776,847$990,218
53$1,017,546$822,125$770,393$1,041,660
54$1,087,834$828,908$762,700$1,097,249
55$1,164,237$834,968$753,694$1,157,390
56$1,247,344$840,236$743,297$1,222,529
57$1,337,805$844,640$731,430$1,293,161
58$1,436,335$848,101$718,007$1,369,828
59$1,543,720$850,537$702,939$1,453,129
60$1,660,827$851,860$686,135$1,543,726
61$1,788,607$851,977$667,496$1,642,346
62$1,928,110$850,789$646,922$1,749,793
63$2,080,489$848,189$624,306$1,866,951
64$2,247,016$844,068$599,537$1,994,796
65$2,429,089$838,305$572,499$2,134,406
66$2,628,250$830,776$543,072$2,286,965
67$2,846,194$821,346$511,127$2,453,782
68$3,084,790$809,876$476,533$2,636,300
69$3,346,092$796,214$439,152$2,836,108
70$3,632,368$780,202$398,837$3,054,960
71$3,946,110$761,673$355,438$3,294,788
72$4,290,065$740,447$308,798$3,557,723
73$4,667,260$716,337$258,751$3,846,114
74$5,081,027$689,144$205,126$4,162,553
75$5,535,035$658,656$147,741$4,509,894
76$6,033,329$624,649$86,410$4,891,286
77$6,580,360$586,889$20,937$5,310,201
78$7,181,035$545,125$0$5,770,464
79$7,840,757$499,093$0$6,284,126
80$8,565,480$448,514$0$6,852,092
81$9,361,761$393,093$0$7,476,169
82$10,236,824$332,518$0$8,162,047
83$11,198,629$266,460$0$8,915,997
84$12,255,944$194,572$0$9,744,928
85$13,418,429$116,485$0$10,656,454
86$14,696,728$31,812$0$11,658,966
87$16,102,567$0$0$12,761,714
88$17,648,864$0$0$13,983,451
89$19,349,854$0$0$15,332,459
90$21,221,221$0$0$16,816,630
91$23,280,244$0$0$18,449,676
92$25,545,963$0$0$20,246,701
93$28,039,355$0$0$22,224,350
94$30,783,537$0$0$24,400,963
95$33,803,976$0$0$26,796,747
96$37,128,737$0$0$29,433,968
97$40,788,741$0$0$32,337,159
98$44,818,061$0$0$35,533,356
99$49,254,241$0$0$39,052,345
100$54,138,650$0$0$42,926,951