Can I retire at age 50 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$62,099$61,546$61,007$60,480$59,966$59,192
2 years$30,742$30,170$29,615$29,077$28,555$27,776
3 years$20,291$19,716$19,163$18,630$18,116$17,357
4 years$15,067$14,494$13,946$13,422$12,921$12,187
5 years$11,933$11,363$10,822$10,309$9,822$9,116
6 years$9,844$9,279$8,746$8,244$7,772$7,094
7 years$8,353$7,792$7,268$6,778$6,321$5,671
8 years$7,235$6,679$6,164$5,686$5,244$4,623
9 years$6,366$5,816$5,309$4,843$4,416$3,823
10 years$5,671$5,126$4,628$4,175$3,763$3,198
11 years$5,103$4,564$4,075$3,633$3,236$2,699
12 years$4,630$4,096$3,616$3,187$2,804$2,294
13 years$4,230$3,702$3,231$2,814$2,445$1,961
14 years$3,888$3,365$2,903$2,498$2,144$1,684
15 years$3,591$3,074$2,621$2,227$1,887$1,453
16 years$3,332$2,820$2,376$1,994$1,668$1,257
17 years$3,103$2,597$2,162$1,792$1,479$1,091
18 years$2,900$2,400$1,974$1,615$1,315$949
19 years$2,719$2,224$1,807$1,459$1,172$828
20 years$2,556$2,067$1,658$1,322$1,047$723
21 years$2,409$1,925$1,525$1,199$937$632
22 years$2,275$1,797$1,406$1,091$840$554
23 years$2,153$1,681$1,298$993$754$486
24 years$2,041$1,575$1,201$906$678$426
25 years$1,939$1,478$1,112$827$610$374
26 years$1,844$1,389$1,031$756$549$329
27 years$1,757$1,307$958$692$495$290
28 years$1,676$1,232$890$634$447$255
29 years$1,601$1,162$828$582$403$225
30 years$1,531$1,097$772$534$365$198
31 years$1,465$1,037$719$490$330$175
32 years$1,404$982$671$451$298$154
33 years$1,347$930$627$414$270$136
34 years$1,293$881$586$381$244$120
35 years$1,242$836$547$351$221$106
36 years$1,194$793$512$323$200$93
37 years$1,149$753$479$298$182$82
38 years$1,107$716$449$275$165$73
39 years$1,066$681$421$253$149$64
40 years$1,028$648$394$233$135$57
41 years$992$617$370$215$123$50
42 years$957$587$347$199$112$44
43 years$925$559$325$184$101$39
44 years$893$533$305$169$92$35
45 years$864$509$287$156$83$31
46 years$835$485$269$145$76$27
47 years$808$463$253$134$69$24
48 years$783$442$238$123$62$21
49 years$758$422$224$114$57$19
50 years$734$403$210$105$52$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $752,000, adding $2,178 every year, while hoping to spend $47,516 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: 43/32/25 Blend
49$752,000$752,000$752,000$752,000
50$830,951$791,095$779,439$860,544
51$865,151$779,302$754,993$870,061
52$901,247$765,338$728,136$875,648
53$939,382$749,048$698,737$880,766
54$979,713$730,265$666,658$885,398
55$1,022,410$708,814$631,757$889,531
56$1,067,658$684,509$593,884$893,151
57$1,115,663$657,153$552,882$896,248
58$1,166,646$626,538$508,589$898,816
59$1,220,850$592,445$460,833$900,852
60$1,278,542$554,640$409,436$902,359
61$1,340,013$512,878$354,213$903,343
62$1,405,583$466,897$294,967$903,819
63$1,475,601$416,424$231,497$903,808
64$1,550,450$361,166$163,590$903,339
65$1,630,551$300,818$91,025$902,450
66$1,716,363$235,054$13,570$901,192
67$1,808,392$163,532$0$899,627
68$1,907,193$85,890$0$916,260
69$2,013,373$1,745$0$937,815
70$2,127,600$0$0$960,848
71$2,250,608$0$0$1,017,012
72$2,383,201$0$0$1,078,284
73$2,526,264$0$0$1,144,469
74$2,680,769$0$0$1,216,025
75$2,847,783$0$0$1,293,457
76$3,028,481$0$0$1,377,318
77$3,224,151$0$0$1,468,219
78$3,436,213$0$0$1,566,830
79$3,666,227$0$0$1,673,888
80$3,915,906$0$0$1,790,205
81$4,187,138$0$0$1,916,671
82$4,481,998$0$0$2,054,269
83$4,802,768$0$0$2,204,078
84$5,151,960$0$0$2,367,285
85$5,532,339$0$0$2,545,200
86$5,946,944$0$0$2,739,260
87$6,399,124$0$0$2,951,049
88$6,892,563$0$0$3,182,310
89$7,431,315$0$0$3,434,964
90$8,019,845$0$0$3,711,122
91$8,663,066$0$0$4,013,110
92$9,366,390$0$0$4,343,490
93$10,135,774$0$0$4,705,082
94$10,977,776$0$0$5,100,990
95$11,899,618$0$0$5,534,635
96$12,909,256$0$0$6,009,782
97$14,015,446$0$0$6,530,578
98$15,227,835$0$0$7,101,592
99$16,557,047$0$0$7,727,852
100$18,014,781$0$0$8,414,901