Can I retire at age 50 with 759,000?

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 $759,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$62,678$62,119$61,575$61,043$60,524$59,792
2 years$31,028$30,451$29,891$29,348$28,821$28,085
3 years$20,480$19,900$19,341$18,803$18,285$17,567
4 years$15,207$14,628$14,075$13,547$13,041$12,347
5 years$12,044$11,469$10,923$10,405$9,914$9,245
6 years$9,936$9,365$8,827$8,321$7,844$7,202
7 years$8,431$7,865$7,336$6,841$6,380$5,764
8 years$7,303$6,742$6,221$5,739$5,292$4,704
9 years$6,425$5,870$5,358$4,888$4,457$3,895
10 years$5,724$5,174$4,672$4,214$3,798$3,262
11 years$5,151$4,606$4,113$3,667$3,266$2,756
12 years$4,673$4,134$3,650$3,217$2,830$2,345
13 years$4,269$3,736$3,261$2,840$2,468$2,008
14 years$3,924$3,396$2,930$2,521$2,163$1,727
15 years$3,624$3,102$2,645$2,248$1,905$1,491
16 years$3,363$2,846$2,398$2,013$1,684$1,292
17 years$3,132$2,621$2,182$1,809$1,493$1,123
18 years$2,927$2,422$1,992$1,630$1,327$979
19 years$2,744$2,245$1,824$1,473$1,183$854
20 years$2,580$2,086$1,674$1,334$1,057$747
21 years$2,431$1,943$1,540$1,211$946$655
22 years$2,296$1,814$1,419$1,101$848$574
23 years$2,173$1,696$1,310$1,002$761$504
24 years$2,060$1,589$1,212$914$684$443
25 years$1,957$1,492$1,122$835$615$390
26 years$1,861$1,402$1,041$763$554$344
27 years$1,773$1,319$967$699$500$303
28 years$1,692$1,243$899$640$451$267
29 years$1,616$1,173$836$587$407$236
30 years$1,545$1,108$779$539$368$208
31 years$1,479$1,047$726$495$333$184
32 years$1,417$991$677$455$301$162
33 years$1,359$938$633$418$272$143
34 years$1,305$889$591$385$247$127
35 years$1,254$843$553$354$223$112
36 years$1,205$801$517$326$202$99
37 years$1,160$760$484$301$183$88
38 years$1,117$723$453$277$166$77
39 years$1,076$687$424$255$151$69
40 years$1,038$654$398$236$137$61
41 years$1,001$622$373$217$124$54
42 years$966$593$350$201$113$48
43 years$933$565$328$185$102$42
44 years$902$538$308$171$93$37
45 years$872$513$289$158$84$33
46 years$843$490$272$146$76$29
47 years$816$467$255$135$69$26
48 years$790$446$240$125$63$23
49 years$765$426$226$115$57$20
50 years$741$407$212$106$52$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $759,000, adding $3,134 every year, while hoping to spend $36,106 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: 75/10/15 Blend
49$759,000$759,000$759,000$759,000
50$839,651$799,424$787,659$899,658
51$886,879$800,179$775,629$940,506
52$937,714$799,761$761,986$980,467
53$992,486$798,075$746,638$1,023,287
54$1,051,557$795,018$729,488$1,069,242
55$1,115,325$790,483$710,435$1,118,632
56$1,184,227$784,356$689,374$1,171,790
57$1,258,745$776,516$666,195$1,229,085
58$1,339,406$766,834$640,781$1,290,922
59$1,426,791$755,174$613,012$1,357,748
60$1,521,538$741,392$582,763$1,430,055
61$1,624,349$725,335$549,900$1,508,388
62$1,735,997$706,841$514,286$1,593,346
63$1,857,331$685,739$475,777$1,685,593
64$1,989,285$661,846$434,222$1,785,856
65$2,132,888$634,972$389,464$1,894,943
66$2,289,270$604,914$341,339$2,013,740
67$2,459,676$571,455$289,674$2,143,228
68$2,645,476$534,369$234,291$2,284,488
69$2,848,178$493,416$175,002$2,438,710
70$3,069,439$448,341$111,613$2,607,211
71$3,311,089$398,876$43,918$2,791,439
72$3,575,136$344,737$0$2,992,995
73$3,863,795$285,625$0$3,218,175
74$4,179,503$221,221$0$3,472,187
75$4,524,944$151,193$0$3,750,179
76$4,903,073$75,185$0$4,054,554
77$5,317,142$0$0$4,387,963
78$5,770,737$0$0$4,754,116
79$6,267,803$0$0$5,164,455
80$6,812,685$0$0$5,614,300
81$7,410,171$0$0$6,107,606
82$8,065,532$0$0$6,648,730
83$8,784,575$0$0$7,242,470
84$9,573,696$0$0$7,894,111
85$10,439,939$0$0$8,609,477
86$11,391,065$0$0$9,394,980
87$12,435,624$0$0$10,257,686
88$13,583,031$0$0$11,205,377
89$14,843,662$0$0$12,246,627
90$16,228,945$0$0$13,390,881
91$17,751,470$0$0$14,648,544
92$19,425,108$0$0$16,031,080
93$21,265,142$0$0$17,551,120
94$23,288,408$0$0$19,222,576
95$25,513,454$0$0$21,060,781
96$27,960,719$0$0$23,082,623
97$30,652,719$0$0$25,306,713
98$33,614,263$0$0$27,753,555
99$36,872,685$0$0$30,445,739
100$40,458,105$0$0$33,408,158