Can I retire at age 50 with 760,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.9%
1 years$62,760$62,201$61,656$61,123$60,603$60,121
2 years$31,069$30,491$29,930$29,386$28,859$28,372
3 years$20,507$19,926$19,367$18,828$18,309$17,834
4 years$15,227$14,648$14,094$13,565$13,058$12,598
5 years$12,060$11,484$10,937$10,419$9,927$9,482
6 years$9,949$9,378$8,839$8,332$7,855$7,427
7 years$8,442$7,875$7,345$6,850$6,388$5,977
8 years$7,312$6,751$6,229$5,746$5,299$4,906
9 years$6,434$5,878$5,365$4,895$4,463$4,086
10 years$5,732$5,181$4,678$4,219$3,803$3,443
11 years$5,157$4,612$4,118$3,672$3,270$2,927
12 years$4,679$4,140$3,655$3,221$2,834$2,506
13 years$4,275$3,741$3,265$2,844$2,471$2,159
14 years$3,929$3,400$2,934$2,524$2,166$1,870
15 years$3,629$3,106$2,649$2,251$1,907$1,626
16 years$3,367$2,850$2,402$2,016$1,686$1,419
17 years$3,136$2,625$2,185$1,811$1,495$1,242
18 years$2,931$2,425$1,995$1,632$1,329$1,089
19 years$2,748$2,248$1,826$1,475$1,185$958
20 years$2,583$2,089$1,676$1,336$1,058$844
21 years$2,434$1,946$1,542$1,212$947$745
22 years$2,299$1,816$1,421$1,102$849$658
23 years$2,176$1,699$1,312$1,004$762$583
24 years$2,063$1,592$1,213$916$685$516
25 years$1,959$1,494$1,124$836$616$458
26 years$1,864$1,404$1,042$764$555$406
27 years$1,776$1,321$968$700$500$361
28 years$1,694$1,245$900$641$452$321
29 years$1,618$1,174$837$588$408$285
30 years$1,547$1,109$780$540$368$254
31 years$1,481$1,048$727$496$333$226
32 years$1,419$992$678$455$301$201
33 years$1,361$939$633$419$273$179
34 years$1,307$890$592$385$247$160
35 years$1,255$845$553$355$224$143
36 years$1,207$802$518$327$203$127
37 years$1,161$761$484$301$184$113
38 years$1,118$724$454$277$166$101
39 years$1,078$688$425$256$151$90
40 years$1,039$655$398$236$137$81
41 years$1,002$623$374$218$124$72
42 years$968$593$350$201$113$64
43 years$934$565$329$185$102$57
44 years$903$539$309$171$93$51
45 years$873$514$290$158$84$46
46 years$844$490$272$146$77$41
47 years$817$468$256$135$70$36
48 years$791$447$240$125$63$33
49 years$766$427$226$115$57$29
50 years$742$407$212$107$52$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $760,000, adding $5,671 every year, while hoping to spend $41,524 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: 39/49/12 Blend
49$760,000$760,000$760,000$760,000
50$843,370$803,090$791,310$873,001
51$885,212$798,260$773,637$889,702
52$929,931$791,802$753,981$903,259
53$977,775$783,591$732,231$917,001
54$1,029,019$773,498$708,272$930,966
55$1,083,962$761,383$681,982$945,195
56$1,142,934$747,099$653,236$959,739
57$1,206,296$730,489$621,902$974,658
58$1,274,445$711,389$587,842$990,019
59$1,347,816$689,625$550,912$1,005,902
60$1,426,886$665,010$510,961$1,022,399
61$1,512,183$637,349$467,832$1,039,615
62$1,604,281$606,435$421,361$1,057,673
63$1,703,816$572,049$371,375$1,076,710
64$1,811,485$533,959$317,695$1,096,884
65$1,928,053$491,919$260,134$1,118,377
66$2,054,362$445,671$198,497$1,141,391
67$2,191,339$394,941$132,579$1,166,160
68$2,340,002$339,439$62,166$1,192,947
69$2,501,470$278,860$0$1,222,047
70$2,676,976$212,880$0$1,255,456
71$2,867,875$141,158$0$1,300,494
72$3,075,657$63,334$0$1,349,647
73$3,301,964$0$0$1,403,425
74$3,548,602$0$0$1,473,705
75$3,817,555$0$0$1,587,677
76$4,111,013$0$0$1,712,128
77$4,431,381$0$0$1,848,093
78$4,781,310$0$0$1,996,708
79$5,163,716$0$0$2,159,225
80$5,581,812$0$0$2,337,023
81$6,039,131$0$0$2,531,619
82$6,539,569$0$0$2,744,685
83$7,087,412$0$0$2,978,061
84$7,687,379$0$0$3,233,774
85$8,344,671$0$0$3,514,057
86$9,065,011$0$0$3,821,367
87$9,854,706$0$0$4,158,412
88$10,720,699$0$0$4,528,175
89$11,670,638$0$0$4,933,940
90$12,712,949$0$0$5,379,325
91$13,856,911$0$0$5,868,317
92$15,112,745$0$0$6,405,306
93$16,491,711$0$0$6,995,127
94$18,006,211$0$0$7,643,110
95$19,669,909$0$0$8,355,122
96$21,497,857$0$0$9,137,632
97$23,506,637$0$0$9,997,761
98$25,714,515$0$0$10,943,358
99$28,141,619$0$0$11,983,069
100$30,810,121$0$0$13,126,422