Can I retire at age 50 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$62,843$62,283$61,737$61,204$60,683$60,225
2 years$31,110$30,531$29,969$29,425$28,897$28,435
3 years$20,534$19,952$19,392$18,853$18,333$17,882
4 years$15,247$14,667$14,112$13,582$13,075$12,638
5 years$12,076$11,499$10,952$10,433$9,940$9,518
6 years$9,962$9,390$8,851$8,343$7,865$7,459
7 years$8,453$7,886$7,355$6,859$6,396$6,006
8 years$7,322$6,759$6,238$5,754$5,306$4,932
9 years$6,442$5,885$5,372$4,901$4,469$4,111
10 years$5,739$5,188$4,684$4,225$3,808$3,465
11 years$5,164$4,618$4,124$3,677$3,275$2,948
12 years$4,686$4,145$3,660$3,225$2,838$2,526
13 years$4,281$3,746$3,270$2,847$2,475$2,178
14 years$3,934$3,405$2,938$2,528$2,169$1,887
15 years$3,634$3,110$2,652$2,254$1,910$1,642
16 years$3,372$2,854$2,405$2,018$1,688$1,433
17 years$3,140$2,628$2,188$1,813$1,497$1,255
18 years$2,935$2,429$1,998$1,634$1,331$1,102
19 years$2,751$2,251$1,829$1,477$1,186$970
20 years$2,586$2,092$1,678$1,337$1,060$855
21 years$2,437$1,948$1,544$1,214$948$756
22 years$2,302$1,819$1,423$1,104$850$668
23 years$2,179$1,701$1,314$1,005$763$592
24 years$2,066$1,594$1,215$917$686$525
25 years$1,962$1,496$1,125$837$617$466
26 years$1,866$1,406$1,044$765$556$414
27 years$1,778$1,323$969$701$501$368
28 years$1,696$1,246$901$642$452$327
29 years$1,620$1,176$838$589$408$291
30 years$1,549$1,111$781$540$369$259
31 years$1,483$1,050$728$496$334$231
32 years$1,421$993$679$456$302$206
33 years$1,363$941$634$419$273$184
34 years$1,308$892$593$386$247$164
35 years$1,257$846$554$355$224$146
36 years$1,209$803$518$327$203$131
37 years$1,163$762$485$301$184$117
38 years$1,120$724$454$278$167$104
39 years$1,079$689$426$256$151$93
40 years$1,040$655$399$236$137$83
41 years$1,004$624$374$218$124$74
42 years$969$594$351$201$113$66
43 years$936$566$329$186$102$59
44 years$904$540$309$171$93$53
45 years$874$515$290$158$84$47
46 years$845$491$273$146$77$42
47 years$818$468$256$135$70$38
48 years$792$447$241$125$63$34
49 years$767$427$226$115$57$30
50 years$743$408$213$107$52$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $761,000, adding $3,747 every year, while hoping to spend $38,927 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: 70/14/16 Blend
49$761,000$761,000$761,000$761,000
50$842,487$802,154$790,359$898,069
51$887,003$800,042$775,418$933,414
52$934,754$796,521$758,671$967,073
53$986,031$791,482$740,018$1,002,916
54$1,041,149$784,808$719,352$1,041,153
55$1,100,458$776,375$696,562$1,082,016
56$1,164,339$766,052$671,531$1,125,762
57$1,233,213$753,699$644,139$1,172,675
58$1,307,540$739,170$614,257$1,223,068
59$1,387,828$722,308$581,753$1,277,286
60$1,474,632$702,948$546,488$1,335,712
61$1,568,567$680,914$508,317$1,398,769
62$1,670,303$656,021$467,088$1,466,924
63$1,780,581$628,074$422,643$1,540,693
64$1,900,215$596,864$374,817$1,620,644
65$2,030,099$562,172$323,435$1,707,409
66$2,171,218$523,767$268,318$1,801,682
67$2,324,652$481,402$209,277$1,904,230
68$2,491,594$434,818$146,116$2,015,903
69$2,673,354$383,741$78,628$2,137,636
70$2,871,373$327,882$6,599$2,270,465
71$3,087,239$266,933$0$2,415,530
72$3,322,696$200,572$0$2,586,090
73$3,579,668$128,457$0$2,773,523
74$3,860,270$50,227$0$2,978,280
75$4,166,831$0$0$3,202,100
76$4,501,914$0$0$3,452,218
77$4,868,343$0$0$3,734,234
78$5,269,226$0$0$4,042,807
79$5,707,985$0$0$4,380,576
80$6,188,388$0$0$4,750,448
81$6,714,585$0$0$5,155,623
82$7,291,145$0$0$5,599,626
83$7,923,103$0$0$6,086,338
84$8,616,001$0$0$6,620,035
85$9,375,944$0$0$7,205,425
86$10,209,655$0$0$7,847,694
87$11,124,543$0$0$8,552,555
88$12,128,764$0$0$9,326,300
89$13,231,306$0$0$10,175,861
90$14,442,067$0$0$11,108,873
91$15,771,953$0$0$12,133,748
92$17,232,976$0$0$13,259,749
93$18,838,370$0$0$14,497,087
94$20,602,715$0$0$15,857,005
95$22,542,072$0$0$17,351,894
96$24,674,137$0$0$18,995,401
97$27,018,405$0$0$20,802,566
98$29,596,355$0$0$22,789,954
99$32,431,651$0$0$24,975,820
100$35,550,365$0$0$27,380,275