Can I retire at age 50 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$62,760$62,201$61,656$61,123$60,603$59,211
2 years$31,069$30,491$29,930$29,386$28,859$27,463
3 years$20,507$19,926$19,367$18,828$18,309$16,954
4 years$15,227$14,648$14,094$13,565$13,058$11,755
5 years$12,060$11,484$10,937$10,419$9,927$8,678
6 years$9,949$9,378$8,839$8,332$7,855$6,662
7 years$8,442$7,875$7,345$6,850$6,388$5,252
8 years$7,312$6,751$6,229$5,746$5,299$4,220
9 years$6,434$5,878$5,365$4,895$4,463$3,438
10 years$5,732$5,181$4,678$4,219$3,803$2,832
11 years$5,157$4,612$4,118$3,672$3,270$2,352
12 years$4,679$4,140$3,655$3,221$2,834$1,967
13 years$4,275$3,741$3,265$2,844$2,471$1,654
14 years$3,929$3,400$2,934$2,524$2,166$1,397
15 years$3,629$3,106$2,649$2,251$1,907$1,185
16 years$3,367$2,850$2,402$2,016$1,686$1,007
17 years$3,136$2,625$2,185$1,811$1,495$859
18 years$2,931$2,425$1,995$1,632$1,329$734
19 years$2,748$2,248$1,826$1,475$1,185$628
20 years$2,583$2,089$1,676$1,336$1,058$538
21 years$2,434$1,946$1,542$1,212$947$462
22 years$2,299$1,816$1,421$1,102$849$397
23 years$2,176$1,699$1,312$1,004$762$341
24 years$2,063$1,592$1,213$916$685$294
25 years$1,959$1,494$1,124$836$616$253
26 years$1,864$1,404$1,042$764$555$218
27 years$1,776$1,321$968$700$500$188
28 years$1,694$1,245$900$641$452$162
29 years$1,618$1,174$837$588$408$140
30 years$1,547$1,109$780$540$368$121
31 years$1,481$1,048$727$496$333$104
32 years$1,419$992$678$455$301$90
33 years$1,361$939$633$419$273$78
34 years$1,307$890$592$385$247$67
35 years$1,255$845$553$355$224$58
36 years$1,207$802$518$327$203$50
37 years$1,161$761$484$301$184$43
38 years$1,118$724$454$277$166$38
39 years$1,078$688$425$256$151$32
40 years$1,039$655$398$236$137$28
41 years$1,002$623$374$218$124$24
42 years$968$593$350$201$113$21
43 years$934$565$329$185$102$18
44 years$903$539$309$171$93$16
45 years$873$514$290$158$84$14
46 years$844$490$272$146$77$12
47 years$817$468$256$135$70$10
48 years$791$447$240$125$63$9
49 years$766$427$226$115$57$8
50 years$742$407$212$107$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $760,000, adding $4,415 every year, while hoping to spend $26,235 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: 37/37/26 Blend
49$760,000$760,000$760,000$760,000
50$842,074$801,794$790,014$866,538
51$900,052$813,168$788,566$896,300
52$963,064$824,220$786,190$925,701
53$1,031,596$834,907$782,827$956,947
54$1,106,184$845,182$778,416$990,222
55$1,187,414$854,995$772,892$1,025,730
56$1,275,934$864,294$766,188$1,063,695
57$1,372,456$873,021$758,232$1,104,367
58$1,477,765$881,117$748,951$1,148,022
59$1,592,722$888,517$738,266$1,194,967
60$1,718,278$895,153$726,097$1,245,539
61$1,855,479$900,952$712,357$1,300,115
62$2,005,475$905,836$696,959$1,359,110
63$2,169,534$909,722$679,807$1,422,983
64$2,349,051$912,523$660,805$1,492,243
65$2,545,563$914,146$639,851$1,567,453
66$2,760,762$914,490$616,838$1,649,235
67$2,996,511$913,452$591,653$1,738,279
68$3,254,862$910,918$564,180$1,835,347
69$3,538,075$906,770$534,298$1,941,281
70$3,848,639$900,883$501,877$2,057,013
71$4,189,296$893,121$466,786$2,183,573
72$4,563,065$883,345$428,884$2,322,100
73$4,973,272$871,403$388,025$2,473,852
74$5,423,580$857,136$344,059$2,640,222
75$5,918,025$840,376$296,825$2,822,745
76$6,461,053$820,944$246,158$3,023,122
77$7,057,560$798,650$191,884$3,243,228
78$7,712,942$773,294$133,823$3,485,138
79$8,433,141$744,665$71,785$3,751,141
80$9,224,706$712,537$5,573$4,043,767
81$10,094,848$676,674$0$4,365,810
82$11,051,515$636,823$0$4,738,412
83$12,103,463$592,721$0$5,149,746
84$13,260,337$544,085$0$5,602,089
85$14,532,765$490,619$0$6,099,658
86$15,932,457$432,010$0$6,647,105
87$17,472,314$367,925$0$7,249,561
88$19,166,552$298,014$0$7,912,687
89$21,030,831$221,908$0$8,642,724
90$23,082,409$139,215$0$9,446,555
91$25,340,301$49,523$0$10,331,774
92$27,825,458$0$0$11,306,754
93$30,560,965$0$0$12,400,109
94$33,572,259$0$0$13,626,018
95$36,887,368$0$0$14,975,745
96$40,537,177$0$0$16,461,879
97$44,555,716$0$0$18,098,296
98$48,980,484$0$0$19,900,282
99$53,852,801$0$0$21,884,683
100$59,218,198$0$0$24,070,063