Can I retire at age 50 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$60,696$60,155$59,627$59,113$58,610$56,621
2 years$30,047$29,488$28,945$28,420$27,909$25,925
3 years$19,833$19,271$18,730$18,209$17,707$15,790
4 years$14,726$14,166$13,630$13,118$12,629$10,794
5 years$11,663$11,106$10,578$10,076$9,600$7,852
6 years$9,622$9,069$8,548$8,058$7,596$5,937
7 years$8,164$7,616$7,104$6,625$6,178$4,606
8 years$7,072$6,528$6,025$5,557$5,125$3,640
9 years$6,222$5,684$5,189$4,734$4,316$2,916
10 years$5,543$5,010$4,524$4,081$3,678$2,360
11 years$4,988$4,460$3,983$3,551$3,163$1,926
12 years$4,525$4,003$3,535$3,115$2,741$1,581
13 years$4,134$3,618$3,158$2,750$2,390$1,305
14 years$3,800$3,289$2,837$2,441$2,095$1,081
15 years$3,510$3,004$2,562$2,177$1,845$898
16 years$3,256$2,756$2,323$1,949$1,630$749
17 years$3,033$2,538$2,113$1,751$1,446$625
18 years$2,835$2,346$1,929$1,578$1,285$523
19 years$2,657$2,174$1,766$1,426$1,146$439
20 years$2,498$2,020$1,621$1,292$1,023$368
21 years$2,354$1,882$1,491$1,172$916$309
22 years$2,223$1,756$1,374$1,066$821$260
23 years$2,104$1,643$1,269$971$737$219
24 years$1,995$1,539$1,173$885$662$184
25 years$1,895$1,444$1,087$809$596$155
26 years$1,803$1,358$1,008$739$537$131
27 years$1,717$1,278$936$677$484$110
28 years$1,638$1,204$870$620$437$93
29 years$1,565$1,136$810$569$394$78
30 years$1,496$1,073$754$522$356$66
31 years$1,432$1,014$703$479$322$56
32 years$1,372$959$656$440$291$47
33 years$1,316$909$613$405$264$40
34 years$1,264$861$572$373$239$34
35 years$1,214$817$535$343$216$28
36 years$1,167$775$501$316$196$24
37 years$1,123$736$469$291$178$20
38 years$1,082$700$439$268$161$17
39 years$1,042$665$411$247$146$14
40 years$1,005$633$385$228$132$12
41 years$969$603$361$211$120$10
42 years$936$574$339$194$109$9
43 years$904$547$318$179$99$7
44 years$873$521$298$166$90$6
45 years$844$497$280$153$82$5
46 years$817$474$263$141$74$4
47 years$790$452$247$131$67$4
48 years$765$432$232$121$61$3
49 years$741$412$218$111$55$3
50 years$718$394$205$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $735,000, adding $6,824 every year, while hoping to spend $49,481 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: 74/8/18 Blend
49$735,000$735,000$735,000$735,000
50$817,009$778,054$766,661$873,569
51$847,696$763,531$739,697$897,459
52$879,856$746,638$710,171$916,915
53$913,585$727,207$677,946$936,941
54$948,989$705,060$642,876$957,581
55$986,185$680,006$604,811$978,885
56$1,025,298$651,848$563,594$1,000,910
57$1,066,463$620,374$519,059$1,023,719
58$1,109,829$585,359$471,035$1,047,382
59$1,155,559$546,569$419,342$1,071,978
60$1,203,827$503,752$363,791$1,097,594
61$1,254,827$456,645$304,187$1,124,329
62$1,308,767$404,969$240,325$1,152,292
63$1,365,876$348,427$171,991$1,181,606
64$1,426,405$286,709$98,962$1,212,406
65$1,490,625$219,485$21,004$1,244,844
66$1,558,835$146,406$0$1,279,090
67$1,631,363$67,106$0$1,327,276
68$1,708,564$0$0$1,382,749
69$1,790,830$0$0$1,443,409
70$1,878,589$0$0$1,514,440
71$1,972,310$0$0$1,590,316
72$2,072,507$0$0$1,671,455
73$2,179,743$0$0$1,758,317
74$2,294,636$0$0$1,851,404
75$2,417,863$0$0$1,951,270
76$2,550,169$0$0$2,058,518
77$2,692,369$0$0$2,173,815
78$2,845,359$0$0$2,297,890
79$3,010,123$0$0$2,431,545
80$3,187,740$0$0$2,575,659
81$3,379,398$0$0$2,731,200
82$3,586,401$0$0$2,899,230
83$3,810,179$0$0$3,080,917
84$4,052,310$0$0$3,277,544
85$4,314,522$0$0$3,490,521
86$4,598,720$0$0$3,721,400
87$4,906,995$0$0$3,971,887
88$5,241,650$0$0$4,243,857
89$5,605,215$0$0$4,539,373
90$6,000,475$0$0$4,860,704
91$6,430,492$0$0$5,210,349
92$6,898,636$0$0$5,591,054
93$7,408,617$0$0$6,005,841
94$7,964,515$0$0$6,458,039
95$8,570,822$0$0$6,951,309
96$9,232,481$0$0$7,489,681
97$9,954,932$0$0$8,077,590
98$10,744,168$0$0$8,719,921
99$11,606,781$0$0$9,422,051
100$12,550,032$0$0$10,189,897