Can I retire at age 50 with 750,000?

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 $750,000?

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 years$61,934$61,383$60,844$60,319$59,806$58,575
2 years$30,661$30,090$29,536$29,000$28,479$27,244
3 years$20,237$19,664$19,112$18,580$18,068$16,868
4 years$15,027$14,455$13,909$13,386$12,886$11,730
5 years$11,901$11,333$10,794$10,282$9,796$8,688
6 years$9,818$9,254$8,723$8,222$7,751$6,691
7 years$8,331$7,772$7,249$6,760$6,304$5,293
8 years$7,216$6,662$6,147$5,671$5,230$4,267
9 years$6,349$5,800$5,295$4,830$4,404$3,490
10 years$5,656$5,113$4,616$4,164$3,753$2,885
11 years$5,090$4,551$4,064$3,624$3,227$2,406
12 years$4,618$4,085$3,607$3,179$2,797$2,020
13 years$4,219$3,692$3,222$2,806$2,439$1,705
14 years$3,877$3,356$2,895$2,491$2,138$1,446
15 years$3,581$3,066$2,614$2,222$1,882$1,231
16 years$3,323$2,813$2,370$1,989$1,664$1,051
17 years$3,095$2,590$2,157$1,787$1,475$900
18 years$2,892$2,394$1,969$1,611$1,312$772
19 years$2,712$2,218$1,802$1,455$1,169$664
20 years$2,549$2,061$1,654$1,318$1,044$572
21 years$2,402$1,920$1,521$1,196$934$493
22 years$2,269$1,792$1,402$1,088$838$426
23 years$2,147$1,676$1,295$991$752$368
24 years$2,036$1,571$1,197$903$676$318
25 years$1,934$1,474$1,109$825$608$275
26 years$1,839$1,385$1,029$754$548$238
27 years$1,752$1,304$955$691$494$207
28 years$1,672$1,228$888$633$446$179
29 years$1,597$1,159$826$580$402$155
30 years$1,527$1,094$770$532$364$135
31 years$1,461$1,035$717$489$329$117
32 years$1,400$979$669$449$297$101
33 years$1,343$927$625$413$269$88
34 years$1,289$879$584$380$244$77
35 years$1,239$833$546$350$221$66
36 years$1,191$791$511$322$200$58
37 years$1,146$751$478$297$181$50
38 years$1,104$714$448$274$164$44
39 years$1,063$679$419$252$149$38
40 years$1,025$646$393$233$135$33
41 years$989$615$369$215$123$29
42 years$955$586$346$198$111$25
43 years$922$558$324$183$101$22
44 years$891$532$305$169$92$19
45 years$861$507$286$156$83$16
46 years$833$484$269$144$76$14
47 years$806$462$252$133$69$12
48 years$780$441$237$123$62$11
49 years$756$421$223$114$57$9
50 years$732$402$210$105$51$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $750,000, adding $4,694 every year, while hoping to spend $30,900 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: 53/27/20 Blend
49$750,000$750,000$750,000$750,000
50$831,342$791,592$779,967$870,617
51$883,261$797,503$773,218$904,011
52$939,441$802,667$765,208$936,707
53$1,000,283$807,017$755,861$971,621
54$1,066,228$810,477$745,100$1,008,975
55$1,137,764$812,971$732,841$1,049,012
56$1,215,424$814,414$718,999$1,092,005
57$1,299,795$814,719$703,484$1,138,251
58$1,391,525$813,791$686,201$1,188,085
59$1,491,325$811,531$667,053$1,241,871
60$1,599,977$807,833$645,936$1,300,016
61$1,718,343$802,585$622,743$1,362,970
62$1,847,370$795,667$597,361$1,431,228
63$1,988,100$786,954$569,671$1,505,339
64$2,141,683$776,311$539,552$1,585,912
65$2,309,381$763,597$506,873$1,673,617
66$2,492,586$748,661$471,501$1,769,196
67$2,692,828$731,344$433,295$1,873,469
68$2,911,794$711,477$392,108$1,987,344
69$3,151,340$688,882$347,787$2,111,823
70$3,413,510$663,371$300,171$2,248,011
71$3,700,554$634,742$249,092$2,397,134
72$4,014,951$602,785$194,378$2,560,543
73$4,359,430$567,275$135,843$2,739,730
74$4,736,997$527,977$73,299$2,936,345
75$5,150,962$484,640$6,546$3,152,209
76$5,604,972$436,998$0$3,389,336
77$6,103,042$384,774$0$3,663,750
78$6,649,596$327,671$0$3,966,489
79$7,249,505$265,378$0$4,298,911
80$7,908,137$197,564$0$4,664,058
81$8,631,404$123,882$0$5,065,282
82$9,425,818$43,963$0$5,506,284
83$10,298,554$0$0$5,991,142
84$11,257,515$0$0$6,537,009
85$12,311,408$0$0$7,151,347
86$13,469,825$0$0$7,826,696
87$14,743,334$0$0$8,569,226
88$16,143,579$0$0$9,385,737
89$17,683,385$0$0$10,283,720
90$19,376,887$0$0$11,271,426
91$21,239,654$0$0$12,357,950
92$23,288,842$0$0$13,553,310
93$25,543,355$0$0$14,868,544
94$28,024,017$0$0$16,315,815
95$30,753,777$0$0$17,908,524
96$33,757,919$0$0$19,661,437
97$37,064,303$0$0$21,590,824
98$40,703,624$0$0$23,714,612
99$44,709,706$0$0$26,052,554
100$49,119,821$0$0$28,626,417