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%15.7%
1 years$62,760$62,201$61,656$61,123$60,603$59,186
2 years$31,069$30,491$29,930$29,386$28,859$27,439
3 years$20,507$19,926$19,367$18,828$18,309$16,931
4 years$15,227$14,648$14,094$13,565$13,058$11,733
5 years$12,060$11,484$10,937$10,419$9,927$8,657
6 years$9,949$9,378$8,839$8,332$7,855$6,643
7 years$8,442$7,875$7,345$6,850$6,388$5,234
8 years$7,312$6,751$6,229$5,746$5,299$4,202
9 years$6,434$5,878$5,365$4,895$4,463$3,422
10 years$5,732$5,181$4,678$4,219$3,803$2,817
11 years$5,157$4,612$4,118$3,672$3,270$2,339
12 years$4,679$4,140$3,655$3,221$2,834$1,954
13 years$4,275$3,741$3,265$2,844$2,471$1,642
14 years$3,929$3,400$2,934$2,524$2,166$1,386
15 years$3,629$3,106$2,649$2,251$1,907$1,174
16 years$3,367$2,850$2,402$2,016$1,686$998
17 years$3,136$2,625$2,185$1,811$1,495$850
18 years$2,931$2,425$1,995$1,632$1,329$726
19 years$2,748$2,248$1,826$1,475$1,185$621
20 years$2,583$2,089$1,676$1,336$1,058$532
21 years$2,434$1,946$1,542$1,212$947$456
22 years$2,299$1,816$1,421$1,102$849$391
23 years$2,176$1,699$1,312$1,004$762$336
24 years$2,063$1,592$1,213$916$685$289
25 years$1,959$1,494$1,124$836$616$249
26 years$1,864$1,404$1,042$764$555$214
27 years$1,776$1,321$968$700$500$185
28 years$1,694$1,245$900$641$452$159
29 years$1,618$1,174$837$588$408$137
30 years$1,547$1,109$780$540$368$118
31 years$1,481$1,048$727$496$333$102
32 years$1,419$992$678$455$301$88
33 years$1,361$939$633$419$273$76
34 years$1,307$890$592$385$247$66
35 years$1,255$845$553$355$224$57
36 years$1,207$802$518$327$203$49
37 years$1,161$761$484$301$184$42
38 years$1,118$724$454$277$166$37
39 years$1,078$688$425$256$151$32
40 years$1,039$655$398$236$137$27
41 years$1,002$623$374$218$124$24
42 years$968$593$350$201$113$20
43 years$934$565$329$185$102$18
44 years$903$539$309$171$93$15
45 years$873$514$290$158$84$13
46 years$844$490$272$146$77$11
47 years$817$468$256$135$70$10
48 years$791$447$240$125$63$8
49 years$766$427$226$115$57$7
50 years$742$407$212$107$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $760,000, adding $6,803 every year, while hoping to spend $51,682 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: 57/24/19 Blend
49$760,000$760,000$760,000$760,000
50$844,537$804,257$792,477$888,047
51$875,691$788,677$764,036$902,837
52$908,290$770,600$732,910$912,783
53$942,427$749,852$698,954$922,471
54$978,204$726,243$662,018$931,888
55$1,015,728$699,577$621,943$941,021
56$1,055,120$669,643$578,565$949,859
57$1,096,506$636,220$531,711$958,395
58$1,140,027$599,072$481,201$966,621
59$1,185,836$557,952$426,847$974,533
60$1,234,096$512,598$368,452$982,132
61$1,284,990$462,731$305,811$989,420
62$1,338,713$408,058$238,710$996,405
63$1,395,479$348,270$166,924$1,003,099
64$1,455,522$283,040$90,220$1,009,522
65$1,519,097$212,021$8,354$1,015,698
66$1,586,482$134,848$0$1,021,661
67$1,657,983$51,135$0$1,043,472
68$1,733,932$0$0$1,068,012
69$1,814,693$0$0$1,104,146
70$1,900,665$0$0$1,157,022
71$1,992,283$0$0$1,213,410
72$2,090,025$0$0$1,273,608
73$2,194,414$0$0$1,337,944
74$2,306,025$0$0$1,406,776
75$2,425,484$0$0$1,480,499
76$2,553,482$0$0$1,559,544
77$2,690,775$0$0$1,644,385
78$2,838,193$0$0$1,735,540
79$2,996,644$0$0$1,833,582
80$3,167,131$0$0$1,939,136
81$3,350,748$0$0$2,052,891
82$3,548,703$0$0$2,175,601
83$3,762,319$0$0$2,308,097
84$3,993,050$0$0$2,451,291
85$4,242,496$0$0$2,606,185
86$4,512,413$0$0$2,773,882
87$4,804,733$0$0$2,955,593
88$5,121,580$0$0$3,152,649
89$5,465,287$0$0$3,366,517
90$5,838,424$0$0$3,598,806
91$6,243,815$0$0$3,851,289
92$6,684,567$0$0$4,125,916
93$7,164,098$0$0$4,424,831
94$7,686,168$0$0$4,750,395
95$8,254,917$0$0$5,105,204
96$8,874,898$0$0$5,492,118
97$9,551,123$0$0$5,914,281
98$10,289,109$0$0$6,375,157
99$11,094,929$0$0$6,878,558
100$11,975,267$0$0$7,428,679