Can I retire at age 50 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$60,530$59,991$59,465$58,952$58,450$57,388
2 years$29,966$29,407$28,867$28,342$27,834$26,767
3 years$19,779$19,218$18,679$18,159$17,659$16,621
4 years$14,686$14,127$13,593$13,083$12,594$11,594
5 years$11,631$11,076$10,549$10,049$9,574$8,613
6 years$9,596$9,044$8,525$8,036$7,576$6,656
7 years$8,142$7,595$7,084$6,607$6,161$5,283
8 years$7,052$6,511$6,008$5,542$5,111$4,274
9 years$6,205$5,669$5,175$4,721$4,304$3,507
10 years$5,528$4,997$4,512$4,069$3,667$2,910
11 years$4,974$4,448$3,972$3,542$3,154$2,436
12 years$4,513$3,993$3,525$3,106$2,733$2,053
13 years$4,123$3,608$3,149$2,743$2,384$1,740
14 years$3,789$3,280$2,830$2,435$2,089$1,482
15 years$3,500$2,996$2,555$2,171$1,840$1,267
16 years$3,247$2,749$2,316$1,944$1,626$1,086
17 years$3,025$2,532$2,108$1,747$1,442$934
18 years$2,827$2,339$1,924$1,574$1,282$805
19 years$2,650$2,168$1,761$1,422$1,143$695
20 years$2,491$2,015$1,617$1,288$1,021$601
21 years$2,348$1,877$1,487$1,169$913$521
22 years$2,217$1,752$1,370$1,063$819$452
23 years$2,098$1,638$1,265$968$735$392
24 years$1,990$1,535$1,170$883$660$341
25 years$1,890$1,441$1,084$806$594$296
26 years$1,798$1,354$1,005$737$535$258
27 years$1,713$1,274$933$675$483$225
28 years$1,634$1,201$868$618$436$196
29 years$1,560$1,133$808$567$393$170
30 years$1,492$1,070$752$520$355$149
31 years$1,428$1,011$701$478$321$130
32 years$1,369$957$654$439$291$113
33 years$1,313$906$611$404$263$99
34 years$1,260$859$571$372$238$86
35 years$1,211$815$534$342$216$75
36 years$1,164$773$499$315$195$66
37 years$1,120$734$467$290$177$57
38 years$1,079$698$438$268$161$50
39 years$1,039$664$410$247$146$44
40 years$1,002$631$384$228$132$38
41 years$967$601$360$210$120$33
42 years$933$572$338$194$109$29
43 years$901$545$317$179$99$25
44 years$871$520$298$165$90$22
45 years$842$496$280$153$81$19
46 years$814$473$263$141$74$17
47 years$788$451$247$130$67$15
48 years$763$431$232$120$61$13
49 years$739$411$218$111$55$11
50 years$716$393$205$103$50$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $733,000, adding $6,308 every year, while hoping to spend $38,935 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: 64/12/24 Blend
49$733,000$733,000$733,000$733,000
50$814,273$775,424$764,062$860,903
51$855,902$771,993$748,232$889,701
52$900,473$767,089$730,566$916,240
53$948,243$760,599$710,962$944,359
54$999,498$752,402$689,314$974,217
55$1,054,549$742,372$665,508$1,005,989
56$1,113,737$730,373$639,427$1,039,871
57$1,177,439$716,262$610,948$1,076,079
58$1,246,067$699,887$579,944$1,114,854
59$1,320,073$681,090$546,280$1,156,461
60$1,399,956$659,698$509,815$1,201,196
61$1,486,262$635,533$470,404$1,249,385
62$1,579,591$608,405$427,893$1,301,389
63$1,680,604$578,112$382,123$1,357,611
64$1,790,028$544,442$332,926$1,418,494
65$1,908,660$507,168$280,128$1,484,530
66$2,037,377$466,054$223,547$1,556,261
67$2,177,146$420,847$162,992$1,634,292
68$2,329,028$371,282$98,265$1,719,287
69$2,494,192$317,077$29,159$1,811,984
70$2,673,921$257,935$0$1,913,198
71$2,869,630$193,544$0$2,035,250
72$3,082,875$123,570$0$2,176,430
73$3,315,369$47,665$0$2,330,425
74$3,568,995$0$0$2,498,519
75$3,845,827$0$0$2,686,684
76$4,148,150$0$0$2,899,097
77$4,478,476$0$0$3,131,234
78$4,839,573$0$0$3,385,047
79$5,234,487$0$0$3,662,683
80$5,666,572$0$0$3,966,508
81$6,139,522$0$0$4,299,124
82$6,657,404$0$0$4,663,401
83$7,224,697$0$0$5,062,496
84$7,846,334$0$0$5,499,886
85$8,527,746$0$0$5,979,402
86$9,274,916$0$0$6,505,263
87$10,094,435$0$0$7,082,114
88$10,993,558$0$0$7,715,073
89$11,980,281$0$0$8,409,777
90$13,063,409$0$0$9,172,436
91$14,252,642$0$0$10,009,889
92$15,558,665$0$0$10,929,672
93$16,993,248$0$0$11,940,083
94$18,569,359$0$0$13,050,267
95$20,301,280$0$0$14,270,297
96$22,204,750$0$0$15,611,271
97$24,297,105$0$0$17,085,414
98$26,597,446$0$0$18,706,197
99$29,126,815$0$0$20,488,458
100$31,908,398$0$0$22,448,549