Can I retire at age 50 with 755,000?

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 $755,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$62,347$61,792$61,250$60,721$60,205$58,773
2 years$30,865$30,290$29,733$29,193$28,669$27,235
3 years$20,372$19,795$19,239$18,704$18,189$16,797
4 years$15,127$14,551$14,001$13,475$12,972$11,634
5 years$11,981$11,408$10,866$10,350$9,861$8,580
6 years$9,884$9,316$8,781$8,277$7,803$6,580
7 years$8,386$7,823$7,297$6,805$6,346$5,181
8 years$7,264$6,706$6,188$5,709$5,265$4,158
9 years$6,392$5,839$5,330$4,863$4,434$3,384
10 years$5,694$5,147$4,647$4,192$3,778$2,784
11 years$5,124$4,582$4,091$3,648$3,249$2,309
12 years$4,649$4,112$3,631$3,200$2,815$1,929
13 years$4,247$3,716$3,244$2,825$2,455$1,620
14 years$3,903$3,378$2,915$2,508$2,152$1,366
15 years$3,605$3,086$2,631$2,236$1,895$1,157
16 years$3,345$2,831$2,386$2,002$1,675$982
17 years$3,115$2,608$2,171$1,799$1,485$836
18 years$2,912$2,409$1,982$1,621$1,320$713
19 years$2,730$2,233$1,814$1,465$1,177$610
20 years$2,566$2,075$1,665$1,327$1,051$522
21 years$2,418$1,933$1,532$1,204$941$447
22 years$2,284$1,804$1,412$1,095$843$384
23 years$2,161$1,687$1,303$997$757$329
24 years$2,049$1,581$1,205$909$680$283
25 years$1,947$1,484$1,116$831$612$243
26 years$1,852$1,394$1,035$759$551$209
27 years$1,764$1,312$961$695$497$180
28 years$1,683$1,237$894$637$449$155
29 years$1,607$1,167$832$584$405$134
30 years$1,537$1,102$775$536$366$115
31 years$1,471$1,042$722$492$331$99
32 years$1,410$985$674$452$299$86
33 years$1,352$933$629$416$271$74
34 years$1,298$885$588$383$245$64
35 years$1,247$839$550$352$222$55
36 years$1,199$796$514$325$201$47
37 years$1,154$756$481$299$182$41
38 years$1,111$719$451$276$165$35
39 years$1,071$683$422$254$150$31
40 years$1,032$650$396$234$136$26
41 years$996$619$371$216$123$23
42 years$961$590$348$200$112$20
43 years$928$562$327$184$102$17
44 years$897$535$307$170$92$15
45 years$867$511$288$157$84$13
46 years$839$487$270$145$76$11
47 years$812$465$254$134$69$9
48 years$786$444$239$124$63$8
49 years$761$424$224$114$57$7
50 years$737$405$211$106$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $755,000, adding $6,134 every year, while hoping to spend $35,024 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: 40/50/10 Blend
49$755,000$755,000$755,000$755,000
50$838,337$798,322$786,620$869,122
51$886,582$800,175$775,706$893,225
52$938,575$800,944$763,253$915,340
53$994,659$800,540$749,172$938,478
54$1,055,216$798,868$733,371$962,747
55$1,120,660$795,825$715,751$988,267
56$1,191,452$791,305$696,213$1,015,172
57$1,268,093$785,192$674,649$1,043,615
58$1,351,137$777,365$650,949$1,073,764
59$1,441,194$767,697$624,996$1,105,807
60$1,538,932$756,050$596,670$1,139,957
61$1,645,088$742,281$565,843$1,176,449
62$1,760,470$726,237$532,383$1,215,547
63$1,885,971$707,755$496,150$1,257,542
64$2,022,570$686,664$457,001$1,302,764
65$2,171,344$662,784$414,783$1,351,576
66$2,333,482$635,921$369,339$1,404,384
67$2,510,289$605,872$320,503$1,461,641
68$2,703,202$572,424$268,103$1,523,850
69$2,913,803$535,347$211,959$1,591,571
70$3,143,834$494,402$151,883$1,665,425
71$3,395,212$449,335$87,678$1,746,104
72$3,670,048$399,877$19,140$1,834,378
73$3,970,666$345,744$0$1,931,098
74$4,299,624$286,635$0$2,042,976
75$4,659,741$222,236$0$2,167,854
76$5,054,118$152,209$0$2,304,881
77$5,486,174$76,202$0$2,455,377
78$5,959,669$0$0$2,620,805
79$6,478,749$0$0$2,806,172
80$7,047,978$0$0$3,055,524
81$7,672,383$0$0$3,329,148
82$8,357,501$0$0$3,629,484
83$9,109,430$0$0$3,959,217
84$9,934,890$0$0$4,321,309
85$10,841,280$0$0$4,719,019
86$11,836,751$0$0$5,155,939
87$12,930,286$0$0$5,636,025
88$14,131,776$0$0$6,163,637
89$15,452,119$0$0$6,743,577
90$16,903,323$0$0$7,381,134
91$18,498,616$0$0$8,082,139
92$20,252,569$0$0$8,853,012
93$22,181,239$0$0$9,700,828
94$24,302,315$0$0$10,633,384
95$26,635,287$0$0$11,659,267
96$29,201,626$0$0$12,787,940
97$32,024,993$0$0$14,029,830
98$35,131,455$0$0$15,396,424
99$38,549,733$0$0$16,900,381
100$42,311,473$0$0$18,555,648