Can I retire at age 50 with 732,000?

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 $732,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$60,448$59,909$59,384$58,871$58,371$57,145
2 years$29,925$29,367$28,827$28,304$27,796$26,567
3 years$19,752$19,192$18,653$18,134$17,635$16,441
4 years$14,666$14,108$13,575$13,065$12,577$11,428
5 years$11,616$11,061$10,535$10,035$9,561$8,459
6 years$9,583$9,032$8,513$8,025$7,565$6,512
7 years$8,131$7,585$7,075$6,598$6,153$5,148
8 years$7,043$6,502$6,000$5,535$5,104$4,148
9 years$6,197$5,661$5,168$4,714$4,298$3,390
10 years$5,520$4,990$4,505$4,064$3,662$2,801
11 years$4,967$4,442$3,966$3,537$3,150$2,334
12 years$4,507$3,987$3,520$3,102$2,730$1,958
13 years$4,118$3,603$3,145$2,739$2,380$1,652
14 years$3,784$3,275$2,826$2,431$2,087$1,400
15 years$3,495$2,992$2,551$2,168$1,837$1,191
16 years$3,243$2,745$2,313$1,941$1,624$1,017
17 years$3,021$2,528$2,105$1,744$1,440$870
18 years$2,823$2,336$1,921$1,572$1,280$746
19 years$2,647$2,165$1,759$1,420$1,141$641
20 years$2,488$2,012$1,614$1,286$1,019$551
21 years$2,344$1,874$1,485$1,168$912$475
22 years$2,214$1,749$1,369$1,062$817$410
23 years$2,096$1,636$1,264$967$734$354
24 years$1,987$1,533$1,169$882$660$306
25 years$1,887$1,439$1,082$805$594$264
26 years$1,795$1,352$1,004$736$535$229
27 years$1,710$1,272$932$674$482$198
28 years$1,631$1,199$867$617$435$172
29 years$1,558$1,131$806$566$393$149
30 years$1,490$1,068$751$520$355$129
31 years$1,426$1,010$700$477$321$112
32 years$1,367$955$653$439$290$97
33 years$1,311$905$610$403$263$84
34 years$1,258$858$570$371$238$73
35 years$1,209$813$533$342$215$63
36 years$1,163$772$499$315$195$55
37 years$1,119$733$467$290$177$48
38 years$1,077$697$437$267$160$41
39 years$1,038$663$409$246$145$36
40 years$1,001$630$384$227$132$31
41 years$965$600$360$210$120$27
42 years$932$572$338$194$109$24
43 years$900$545$317$179$99$20
44 years$870$519$297$165$89$18
45 years$841$495$279$152$81$15
46 years$813$472$262$141$74$13
47 years$787$451$246$130$67$12
48 years$762$430$231$120$61$10
49 years$738$411$218$111$55$9
50 years$715$392$205$103$50$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $732,000, adding $4,389 every year, while hoping to spend $21,712 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: 39/39/22 Blend
49$732,000$732,000$732,000$732,000
50$811,191$772,395$761,049$837,368
51$870,831$787,141$763,443$871,408
52$935,827$801,882$765,189$905,818
53$1,006,702$816,595$766,243$942,587
54$1,084,031$831,254$766,559$981,942
55$1,168,450$845,833$766,086$1,024,133
56$1,260,655$860,302$764,773$1,069,436
57$1,361,416$874,631$762,567$1,118,158
58$1,471,578$888,785$759,410$1,170,634
59$1,592,072$902,728$755,243$1,227,237
60$1,723,924$916,423$750,005$1,288,378
61$1,868,262$929,826$743,628$1,354,509
62$2,026,331$942,893$736,046$1,426,132
63$2,199,500$955,578$727,186$1,503,799
64$2,389,276$967,828$716,974$1,588,120
65$2,597,320$979,590$705,331$1,679,770
66$2,825,461$990,804$692,174$1,779,491
67$3,075,714$1,001,409$677,417$1,888,105
68$3,350,297$1,011,339$660,971$2,006,518
69$3,651,655$1,020,522$642,741$2,135,729
70$3,982,480$1,028,883$622,629$2,276,843
71$4,345,737$1,036,343$600,531$2,431,078
72$4,744,693$1,042,814$576,340$2,599,778
73$5,182,947$1,048,208$549,943$2,784,428
74$5,664,463$1,052,425$521,221$2,986,664
75$6,193,608$1,055,365$490,053$3,208,295
76$6,775,195$1,056,916$456,308$3,451,313
77$7,414,524$1,056,964$419,853$3,717,919
78$8,117,434$1,055,384$380,547$4,010,540
79$8,890,360$1,052,045$338,243$4,331,855
80$9,740,390$1,046,809$292,787$4,684,818
81$10,675,334$1,039,527$244,020$5,072,690
82$11,703,798$1,030,043$191,774$5,499,066
83$12,835,261$1,018,191$135,875$5,967,914
84$14,080,171$1,003,796$76,140$6,483,610
85$15,450,036$986,670$12,378$7,050,981
86$16,957,539$966,616$0$7,675,352
87$18,616,653$943,424$0$8,375,662
88$20,442,773$916,874$0$9,149,272
89$22,452,865$886,731$0$10,000,468
90$24,665,623$852,745$0$10,937,182
91$27,101,642$814,655$0$11,968,159
92$29,783,619$772,183$0$13,103,038
93$32,736,562$725,034$0$14,352,446
94$35,988,029$672,898$0$15,728,101
95$39,568,383$615,446$0$17,242,917
96$43,511,086$552,330$0$18,911,131
97$47,853,006$483,184$0$20,748,440
98$52,634,771$407,619$0$22,772,144
99$57,901,151$325,225$0$25,001,317
100$63,701,476$235,569$0$27,456,982