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%16.4%
1 years$62,595$62,037$61,493$60,962$60,444$58,863
2 years$30,988$30,410$29,851$29,309$28,783$27,201
3 years$20,453$19,874$19,316$18,778$18,261$16,728
4 years$15,187$14,609$14,057$13,529$13,024$11,551
5 years$12,028$11,454$10,909$10,391$9,901$8,492
6 years$9,923$9,353$8,816$8,310$7,834$6,491
7 years$8,420$7,855$7,326$6,832$6,371$5,094
8 years$7,293$6,733$6,213$5,731$5,285$4,073
9 years$6,417$5,862$5,351$4,882$4,451$3,303
10 years$5,717$5,167$4,665$4,208$3,793$2,707
11 years$5,144$4,600$4,107$3,662$3,262$2,237
12 years$4,667$4,129$3,645$3,212$2,827$1,861
13 years$4,264$3,731$3,257$2,836$2,465$1,557
14 years$3,919$3,392$2,926$2,518$2,161$1,308
15 years$3,620$3,098$2,642$2,245$1,902$1,102
16 years$3,358$2,843$2,395$2,010$1,681$932
17 years$3,128$2,618$2,180$1,806$1,491$790
18 years$2,923$2,419$1,990$1,628$1,326$671
19 years$2,741$2,242$1,821$1,471$1,181$571
20 years$2,576$2,083$1,672$1,332$1,055$486
21 years$2,428$1,941$1,538$1,209$944$415
22 years$2,293$1,811$1,417$1,099$847$354
23 years$2,170$1,694$1,308$1,001$760$303
24 years$2,058$1,587$1,210$913$683$259
25 years$1,954$1,490$1,121$834$615$222
26 years$1,859$1,400$1,040$762$554$190
27 years$1,771$1,318$965$698$499$163
28 years$1,689$1,242$897$639$450$139
29 years$1,614$1,171$835$586$407$120
30 years$1,543$1,106$778$538$367$102
31 years$1,477$1,046$725$494$332$88
32 years$1,415$989$677$454$301$75
33 years$1,357$937$632$418$272$65
34 years$1,303$888$590$384$246$56
35 years$1,252$842$552$354$223$48
36 years$1,204$799$516$326$202$41
37 years$1,158$759$483$300$183$35
38 years$1,115$722$452$277$166$30
39 years$1,075$686$424$255$151$26
40 years$1,036$653$397$235$137$22
41 years$1,000$621$373$217$124$19
42 years$965$592$349$200$112$16
43 years$932$564$328$185$102$14
44 years$901$538$308$171$93$12
45 years$871$513$289$158$84$10
46 years$842$489$271$146$76$9
47 years$815$467$255$135$69$8
48 years$789$445$240$124$63$7
49 years$764$425$225$115$57$6
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 $5,361 every year, while hoping to spend $53,555 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: 29/49/22 Blend
49$758,000$758,000$758,000$758,000
50$840,846$800,672$788,923$859,311
51$869,630$782,923$758,370$856,251
52$899,555$762,509$724,998$847,843
53$930,681$739,243$688,657$837,681
54$963,073$712,928$649,189$825,649
55$996,798$683,353$606,428$811,623
56$1,031,931$650,297$560,203$795,473
57$1,068,551$613,525$510,334$777,064
58$1,106,745$572,790$456,632$756,254
59$1,146,605$527,828$398,900$732,891
60$1,188,230$478,363$336,935$706,818
61$1,231,727$424,101$270,520$677,872
62$1,277,214$364,732$199,433$645,879
63$1,324,816$299,930$123,440$610,658
64$1,374,669$229,348$42,297$572,020
65$1,426,921$152,622$0$529,765
66$1,481,731$69,365$0$494,087
67$1,539,274$0$0$465,639
68$1,599,738$0$0$445,555
69$1,663,328$0$0$463,808
70$1,730,268$0$0$483,067
71$1,800,800$0$0$503,406
72$1,875,189$0$0$524,908
73$1,953,722$0$0$547,663
74$2,036,715$0$0$571,769
75$2,124,510$0$0$597,335
76$2,217,482$0$0$624,476
77$2,316,039$0$0$653,321
78$2,420,629$0$0$684,010
79$2,531,740$0$0$716,697
80$2,649,907$0$0$751,551
81$2,775,715$0$0$788,754
82$2,909,805$0$0$828,510
83$3,052,876$0$0$871,038
84$3,205,699$0$0$916,583
85$3,369,115$0$0$965,408
86$3,544,046$0$0$1,017,807
87$3,731,506$0$0$1,074,099
88$3,932,605$0$0$1,134,636
89$4,148,561$0$0$1,199,804
90$4,380,712$0$0$1,270,026
91$4,630,526$0$0$1,345,768
92$4,899,615$0$0$1,427,541
93$5,189,749$0$0$1,515,906
94$5,502,874$0$0$1,611,481
95$5,841,126$0$0$1,714,945
96$6,206,854$0$0$1,827,044
97$6,602,639$0$0$1,948,598
98$7,031,319$0$0$2,080,509
99$7,496,013$0$0$2,223,770
100$8,000,153$0$0$2,379,471