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%19.2%
1 years$62,760$62,201$61,656$61,123$60,603$58,360
2 years$31,069$30,491$29,930$29,386$28,859$26,624
3 years$20,507$19,926$19,367$18,828$18,309$16,153
4 years$15,227$14,648$14,094$13,565$13,058$10,998
5 years$12,060$11,484$10,937$10,419$9,927$7,967
6 years$9,949$9,378$8,839$8,332$7,855$5,997
7 years$8,442$7,875$7,345$6,850$6,388$4,632
8 years$7,312$6,751$6,229$5,746$5,299$3,643
9 years$6,434$5,878$5,365$4,895$4,463$2,904
10 years$5,732$5,181$4,678$4,219$3,803$2,339
11 years$5,157$4,612$4,118$3,672$3,270$1,898
12 years$4,679$4,140$3,655$3,221$2,834$1,550
13 years$4,275$3,741$3,265$2,844$2,471$1,272
14 years$3,929$3,400$2,934$2,524$2,166$1,048
15 years$3,629$3,106$2,649$2,251$1,907$866
16 years$3,367$2,850$2,402$2,016$1,686$718
17 years$3,136$2,625$2,185$1,811$1,495$596
18 years$2,931$2,425$1,995$1,632$1,329$496
19 years$2,748$2,248$1,826$1,475$1,185$413
20 years$2,583$2,089$1,676$1,336$1,058$344
21 years$2,434$1,946$1,542$1,212$947$287
22 years$2,299$1,816$1,421$1,102$849$240
23 years$2,176$1,699$1,312$1,004$762$201
24 years$2,063$1,592$1,213$916$685$168
25 years$1,959$1,494$1,124$836$616$141
26 years$1,864$1,404$1,042$764$555$118
27 years$1,776$1,321$968$700$500$99
28 years$1,694$1,245$900$641$452$83
29 years$1,618$1,174$837$588$408$69
30 years$1,547$1,109$780$540$368$58
31 years$1,481$1,048$727$496$333$49
32 years$1,419$992$678$455$301$41
33 years$1,361$939$633$419$273$34
34 years$1,307$890$592$385$247$29
35 years$1,255$845$553$355$224$24
36 years$1,207$802$518$327$203$20
37 years$1,161$761$484$301$184$17
38 years$1,118$724$454$277$166$14
39 years$1,078$688$425$256$151$12
40 years$1,039$655$398$236$137$10
41 years$1,002$623$374$218$124$8
42 years$968$593$350$201$113$7
43 years$934$565$329$185$102$6
44 years$903$539$309$171$93$5
45 years$873$514$290$158$84$4
46 years$844$490$272$146$77$3
47 years$817$468$256$135$70$3
48 years$791$447$240$125$63$2
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $760,000, adding $6,043 every year, while hoping to spend $21,525 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: 54/25/21 Blend
49$760,000$760,000$760,000$760,000
50$843,753$803,473$791,693$884,173
51$906,914$819,941$795,313$929,030
52$975,795$836,494$798,332$975,070
53$1,050,958$853,115$800,708$1,024,727
54$1,133,020$869,782$802,396$1,078,355
55$1,222,661$886,474$803,349$1,136,342
56$1,320,628$903,167$803,517$1,199,115
57$1,427,746$919,835$802,848$1,267,147
58$1,544,921$936,452$801,288$1,340,959
59$1,673,151$952,986$798,779$1,421,125
60$1,813,535$969,406$795,262$1,508,277
61$1,967,286$985,677$790,673$1,603,112
62$2,135,735$1,001,761$784,947$1,706,402
63$2,320,352$1,017,619$778,014$1,818,993
64$2,522,752$1,033,206$769,802$1,941,821
65$2,744,718$1,048,479$760,236$2,075,917
66$2,988,210$1,063,385$749,235$2,222,419
67$3,255,390$1,077,874$736,717$2,382,581
68$3,548,638$1,091,887$722,594$2,557,785
69$3,870,574$1,105,365$706,777$2,749,555
70$4,224,087$1,118,242$689,168$2,959,573
71$4,612,358$1,130,450$669,669$3,189,691
72$5,038,891$1,141,915$648,176$3,441,954
73$5,507,547$1,152,558$624,579$3,718,614
74$6,022,579$1,162,295$598,764$4,022,156
75$6,588,671$1,171,036$570,611$4,355,318
76$7,210,986$1,178,688$539,998$4,721,121
77$7,895,211$1,185,148$506,792$5,122,893
78$8,647,611$1,190,309$470,858$5,564,306
79$9,475,089$1,194,055$432,053$6,049,406
80$10,385,250$1,196,267$390,229$6,582,656
81$11,386,475$1,196,813$345,231$7,168,973
82$12,487,995$1,195,556$296,896$7,813,782
83$13,699,984$1,192,352$245,055$8,523,061
84$15,033,649$1,187,044$189,531$9,303,400
85$16,501,340$1,179,468$130,140$10,162,067
86$18,116,665$1,169,450$66,688$11,107,070
87$19,894,617$1,156,805$0$12,147,240
88$21,851,717$1,141,338$0$13,292,542
89$24,006,168$1,122,839$0$14,569,437
90$26,378,029$1,101,090$0$15,974,846
91$28,989,402$1,075,857$0$17,521,859
92$31,864,640$1,046,893$0$19,224,904
93$35,030,579$1,013,937$0$21,099,882
94$38,516,791$976,712$0$23,164,315
95$42,355,858$934,926$0$25,437,519
96$46,583,686$888,268$0$27,940,776
97$51,239,840$836,411$0$30,697,545
98$56,367,917$779,009$0$33,733,679
99$62,015,959$715,695$0$37,077,669
100$68,236,905$646,081$0$40,760,917