Can I retire at age 50 with 758,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.3%
1 years$62,595$62,037$61,493$60,962$60,444$58,416
2 years$30,988$30,410$29,851$29,309$28,783$26,759
3 years$20,453$19,874$19,316$18,778$18,261$16,306
4 years$15,187$14,609$14,057$13,529$13,024$11,152
5 years$12,028$11,454$10,909$10,391$9,901$8,117
6 years$9,923$9,353$8,816$8,310$7,834$6,140
7 years$8,420$7,855$7,326$6,832$6,371$4,767
8 years$7,293$6,733$6,213$5,731$5,285$3,769
9 years$6,417$5,862$5,351$4,882$4,451$3,022
10 years$5,717$5,167$4,665$4,208$3,793$2,447
11 years$5,144$4,600$4,107$3,662$3,262$1,998
12 years$4,667$4,129$3,645$3,212$2,827$1,641
13 years$4,264$3,731$3,257$2,836$2,465$1,355
14 years$3,919$3,392$2,926$2,518$2,161$1,124
15 years$3,620$3,098$2,642$2,245$1,902$935
16 years$3,358$2,843$2,395$2,010$1,681$779
17 years$3,128$2,618$2,180$1,806$1,491$652
18 years$2,923$2,419$1,990$1,628$1,326$546
19 years$2,741$2,242$1,821$1,471$1,181$458
20 years$2,576$2,083$1,672$1,332$1,055$384
21 years$2,428$1,941$1,538$1,209$944$323
22 years$2,293$1,811$1,417$1,099$847$272
23 years$2,170$1,694$1,308$1,001$760$229
24 years$2,058$1,587$1,210$913$683$193
25 years$1,954$1,490$1,121$834$615$163
26 years$1,859$1,400$1,040$762$554$137
27 years$1,771$1,318$965$698$499$116
28 years$1,689$1,242$897$639$450$98
29 years$1,614$1,171$835$586$407$82
30 years$1,543$1,106$778$538$367$70
31 years$1,477$1,046$725$494$332$59
32 years$1,415$989$677$454$301$50
33 years$1,357$937$632$418$272$42
34 years$1,303$888$590$384$246$35
35 years$1,252$842$552$354$223$30
36 years$1,204$799$516$326$202$25
37 years$1,158$759$483$300$183$21
38 years$1,115$722$452$277$166$18
39 years$1,075$686$424$255$151$15
40 years$1,036$653$397$235$137$13
41 years$1,000$621$373$217$124$11
42 years$965$592$349$200$112$9
43 years$932$564$328$185$102$8
44 years$901$538$308$171$93$7
45 years$871$513$289$158$84$6
46 years$842$489$271$146$76$5
47 years$815$467$255$135$69$4
48 years$789$445$240$124$63$3
49 years$764$425$225$115$57$3
50 years$740$406$212$106$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $758,000, adding $4,387 every year, while hoping to spend $37,683 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: 33/46/21 Blend
49$758,000$758,000$758,000$758,000
50$839,841$799,667$787,918$862,008
51$885,411$798,756$774,219$877,988
52$934,365$796,538$758,798$891,454
53$987,010$792,908$741,558$905,188
54$1,043,681$787,757$722,396$919,237
55$1,104,747$780,967$701,206$933,656
56$1,170,611$772,414$677,877$948,509
57$1,241,719$761,968$652,291$963,867
58$1,318,558$749,489$624,326$979,816
59$1,401,666$734,828$593,856$996,451
60$1,491,632$717,831$560,747$1,013,882
61$1,589,105$698,331$524,858$1,032,237
62$1,694,798$676,154$486,045$1,051,657
63$1,809,495$651,113$444,156$1,072,305
64$1,934,059$623,013$399,030$1,094,367
65$2,069,438$591,646$350,503$1,118,050
66$2,216,677$556,793$298,401$1,143,592
67$2,376,922$518,220$242,542$1,171,258
68$2,551,439$475,683$182,737$1,201,348
69$2,741,616$428,922$118,789$1,234,200
70$2,948,984$377,662$50,492$1,270,193
71$3,175,226$321,614$0$1,309,754
72$3,422,197$260,471$0$1,358,377
73$3,691,937$193,910$0$1,423,979
74$3,986,691$121,588$0$1,495,887
75$4,308,933$43,145$0$1,574,825
76$4,661,385$0$0$1,661,600
77$5,047,045$0$0$1,778,264
78$5,469,213$0$0$1,929,990
79$5,931,525$0$0$2,096,257
80$6,437,982$0$0$2,278,520
81$6,992,994$0$0$2,478,380
82$7,601,415$0$0$2,697,601
83$8,268,591$0$0$2,938,124
84$9,000,412$0$0$3,202,090
85$9,803,364$0$0$3,491,855
86$10,684,591$0$0$3,810,015
87$11,651,965$0$0$4,159,430
88$12,714,153$0$0$4,543,251
89$13,880,705$0$0$4,964,948
90$15,162,142$0$0$5,428,343
91$16,570,052$0$0$5,937,650
92$18,117,201$0$0$6,497,508
93$19,817,656$0$0$7,113,029
94$21,686,911$0$0$7,789,845
95$23,742,037$0$0$8,534,163
96$26,001,843$0$0$9,352,818
97$28,487,049$0$0$10,253,343
98$31,220,486$0$0$11,244,038
99$34,227,309$0$0$12,334,046
100$37,535,231$0$0$13,533,444