Can I retire at age 50 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$59,870$59,337$58,816$58,308$57,813$57,424
2 years$29,639$29,087$28,552$28,033$27,530$27,138
3 years$19,563$19,008$18,475$17,961$17,466$17,083
4 years$14,526$13,973$13,445$12,940$12,457$12,086
5 years$11,504$10,955$10,434$9,939$9,470$9,111
6 years$9,491$8,946$8,432$7,948$7,493$7,148
7 years$8,053$7,513$7,007$6,535$6,094$5,762
8 years$6,975$6,440$5,943$5,482$5,055$4,737
9 years$6,138$5,607$5,118$4,669$4,257$3,953
10 years$5,468$4,942$4,462$4,025$3,627$3,336
11 years$4,920$4,400$3,929$3,503$3,120$2,841
12 years$4,464$3,949$3,486$3,073$2,704$2,438
13 years$4,078$3,569$3,115$2,713$2,358$2,105
14 years$3,748$3,244$2,799$2,408$2,067$1,826
15 years$3,462$2,963$2,527$2,147$1,820$1,591
16 years$3,212$2,719$2,291$1,923$1,608$1,391
17 years$2,992$2,504$2,085$1,728$1,426$1,220
18 years$2,796$2,314$1,903$1,557$1,268$1,073
19 years$2,621$2,144$1,742$1,407$1,130$945
20 years$2,464$1,993$1,599$1,274$1,009$835
21 years$2,322$1,856$1,471$1,156$903$738
22 years$2,193$1,733$1,355$1,051$810$654
23 years$2,076$1,620$1,252$958$727$580
24 years$1,968$1,518$1,157$873$653$515
25 years$1,869$1,425$1,072$798$588$458
26 years$1,778$1,339$994$729$530$407
27 years$1,694$1,260$923$668$477$363
28 years$1,616$1,188$858$612$431$323
29 years$1,543$1,120$799$561$389$288
30 years$1,476$1,058$744$515$351$257
31 years$1,413$1,000$694$473$318$229
32 years$1,354$946$647$434$287$205
33 years$1,298$896$604$400$260$183
34 years$1,246$849$565$368$236$163
35 years$1,198$806$528$338$213$146
36 years$1,151$765$494$312$193$131
37 years$1,108$726$462$287$175$117
38 years$1,067$690$433$265$159$104
39 years$1,028$656$405$244$144$93
40 years$991$624$380$225$131$84
41 years$956$594$356$208$119$75
42 years$923$566$334$192$108$67
43 years$891$539$314$177$98$60
44 years$861$514$294$163$89$54
45 years$833$490$276$151$80$48
46 years$805$468$260$139$73$43
47 years$779$446$244$129$66$39
48 years$754$426$229$119$60$35
49 years$731$407$215$110$55$31
50 years$708$389$203$102$50$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $725,000, adding $2,113 every year, while hoping to spend $29,696 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: 43/37/20 Blend
49$725,000$725,000$725,000$725,000
50$801,130$762,705$751,467$830,830
51$851,248$768,481$745,045$857,814
52$905,484$773,545$737,412$883,971
53$964,225$777,830$728,497$911,697
54$1,027,899$781,267$718,225$941,152
55$1,096,975$783,779$706,516$972,515
56$1,171,971$785,288$693,288$1,005,981
57$1,253,453$785,709$678,454$1,041,769
58$1,342,048$784,951$661,925$1,080,122
59$1,438,443$782,920$643,606$1,121,310
60$1,543,394$779,513$623,397$1,165,631
61$1,657,735$774,624$601,196$1,213,416
62$1,782,382$768,138$576,893$1,265,034
63$1,918,343$759,935$550,377$1,320,891
64$2,066,727$749,885$521,528$1,381,440
65$2,228,757$737,853$490,223$1,447,182
66$2,405,778$723,696$456,333$1,518,670
67$2,599,270$707,260$419,723$1,596,521
68$2,810,864$688,384$380,252$1,681,413
69$3,042,354$666,896$337,772$1,774,103
70$3,295,716$642,616$292,130$1,875,422
71$3,573,127$615,353$243,165$1,986,297
72$3,876,984$584,903$190,708$2,107,748
73$4,209,925$551,051$134,585$2,240,907
74$4,574,857$513,572$74,613$2,387,026
75$4,974,980$472,226$10,601$2,547,489
76$5,413,821$426,758$0$2,723,827
77$5,895,263$376,901$0$2,930,049
78$6,423,583$322,372$0$3,158,927
79$7,003,492$262,872$0$3,410,312
80$7,640,180$198,084$0$3,686,539
81$8,339,363$127,675$0$3,990,189
82$9,107,340$51,293$0$4,324,107
83$9,951,047$0$0$4,691,438
84$10,878,127$0$0$5,108,447
85$11,896,999$0$0$5,589,793
86$13,016,940$0$0$6,118,985
87$14,248,167$0$0$6,700,864
88$15,601,940$0$0$7,340,763
89$17,090,663$0$0$8,044,560
90$18,728,000$0$0$8,818,727
91$20,529,010$0$0$9,670,398
92$22,510,282$0$0$10,607,433
93$24,690,094$0$0$11,638,491
94$27,088,585$0$0$12,773,114
95$29,727,945$0$0$14,021,814
96$32,632,625$0$0$15,396,175
97$35,829,563$0$0$16,908,962
98$39,348,444$0$0$18,574,238
99$43,221,975$0$0$20,407,500
100$47,486,196$0$0$22,425,824