Can I retire at age 50 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$60,035$59,500$58,978$58,469$57,972$55,848
2 years$29,720$29,167$28,630$28,110$27,606$25,490
3 years$19,617$19,061$18,526$18,010$17,514$15,473
4 years$14,566$14,012$13,482$12,976$12,491$10,540
5 years$11,536$10,985$10,463$9,966$9,496$7,639
6 years$9,517$8,970$8,455$7,970$7,514$5,753
7 years$8,075$7,533$7,026$6,553$6,111$4,446
8 years$6,995$6,457$5,959$5,497$5,069$3,499
9 years$6,155$5,622$5,132$4,682$4,269$2,791
10 years$5,483$4,956$4,475$4,036$3,637$2,249
11 years$4,934$4,412$3,939$3,513$3,128$1,827
12 years$4,476$3,960$3,496$3,081$2,711$1,493
13 years$4,089$3,579$3,124$2,720$2,364$1,226
14 years$3,758$3,253$2,806$2,415$2,072$1,011
15 years$3,472$2,972$2,534$2,153$1,825$836
16 years$3,221$2,726$2,297$1,928$1,613$693
17 years$3,000$2,511$2,090$1,732$1,430$576
18 years$2,804$2,320$1,908$1,561$1,271$479
19 years$2,628$2,150$1,747$1,411$1,133$400
20 years$2,471$1,998$1,603$1,278$1,012$334
21 years$2,328$1,861$1,475$1,160$906$279
22 years$2,199$1,737$1,359$1,054$812$233
23 years$2,081$1,625$1,255$960$729$195
24 years$1,973$1,522$1,161$876$655$163
25 years$1,874$1,429$1,075$800$589$137
26 years$1,783$1,343$997$731$531$115
27 years$1,699$1,264$926$669$479$96
28 years$1,620$1,191$861$613$432$80
29 years$1,548$1,123$801$562$390$68
30 years$1,480$1,061$746$516$352$57
31 years$1,417$1,003$695$474$319$48
32 years$1,357$949$649$436$288$40
33 years$1,302$899$606$401$261$33
34 years$1,250$852$566$369$236$28
35 years$1,201$808$529$339$214$24
36 years$1,155$767$495$312$194$20
37 years$1,111$728$463$288$176$17
38 years$1,070$692$434$265$159$14
39 years$1,031$658$407$245$144$12
40 years$994$626$381$226$131$10
41 years$959$596$357$208$119$8
42 years$926$568$335$192$108$7
43 years$894$541$315$177$98$6
44 years$864$516$295$164$89$5
45 years$835$492$277$151$81$4
46 years$808$469$260$140$73$3
47 years$782$448$245$129$66$3
48 years$757$427$230$119$60$2
49 years$733$408$216$110$55$2
50 years$710$390$203$102$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $727,000, adding $5,422 every year, while hoping to spend $58,644 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: 75/12/13 Blend
49$727,000$727,000$727,000$727,000
50$806,747$768,216$756,947$864,694
51$826,638$743,462$719,908$878,939
52$846,593$715,529$679,663$886,679
53$866,556$684,200$636,042$893,549
54$886,464$649,245$588,868$899,446
55$906,245$610,420$537,957$904,255
56$925,819$567,467$483,116$907,851
57$945,094$520,115$424,142$910,096
58$963,967$468,075$360,825$910,843
59$982,324$411,042$292,944$909,927
60$1,000,034$348,697$220,271$907,171
61$1,016,952$280,697$142,565$902,380
62$1,032,916$206,686$59,575$895,339
63$1,047,744$126,284$0$885,818
64$1,061,232$39,090$0$877,582
65$1,073,154$0$0$875,411
66$1,083,258$0$0$878,074
67$1,091,263$0$0$884,148
68$1,096,857$0$0$888,210
69$1,099,690$0$0$889,975
70$1,099,378$0$0$889,121
71$1,095,491$0$0$885,293
72$1,087,553$0$0$878,098
73$1,075,035$0$0$867,098
74$1,057,351$0$0$851,808
75$1,033,853$0$0$831,691
76$1,003,821$0$0$806,151
77$966,457$0$0$774,530
78$920,880$0$0$736,096
79$866,113$0$0$690,044
80$801,077$0$0$635,478
81$724,575$0$0$571,411
82$635,286$0$0$496,749
83$531,749$0$0$410,284
84$412,348$0$0$310,680
85$275,299$0$0$196,460
86$118,630$0$0$65,993
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0