Can I retire at age 50 with 761,000?

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 $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%12.5%
1 years$62,843$62,283$61,737$61,204$60,683$60,049
2 years$31,110$30,531$29,969$29,425$28,897$28,259
3 years$20,534$19,952$19,392$18,853$18,333$17,710
4 years$15,247$14,667$14,112$13,582$13,075$12,473
5 years$12,076$11,499$10,952$10,433$9,940$9,359
6 years$9,962$9,390$8,851$8,343$7,865$7,307
7 years$8,453$7,886$7,355$6,859$6,396$5,861
8 years$7,322$6,759$6,238$5,754$5,306$4,794
9 years$6,442$5,885$5,372$4,901$4,469$3,979
10 years$5,739$5,188$4,684$4,225$3,808$3,340
11 years$5,164$4,618$4,124$3,677$3,275$2,829
12 years$4,686$4,145$3,660$3,225$2,838$2,414
13 years$4,281$3,746$3,270$2,847$2,475$2,071
14 years$3,934$3,405$2,938$2,528$2,169$1,787
15 years$3,634$3,110$2,652$2,254$1,910$1,547
16 years$3,372$2,854$2,405$2,018$1,688$1,344
17 years$3,140$2,628$2,188$1,813$1,497$1,172
18 years$2,935$2,429$1,998$1,634$1,331$1,024
19 years$2,751$2,251$1,829$1,477$1,186$896
20 years$2,586$2,092$1,678$1,337$1,060$786
21 years$2,437$1,948$1,544$1,214$948$691
22 years$2,302$1,819$1,423$1,104$850$608
23 years$2,179$1,701$1,314$1,005$763$536
24 years$2,066$1,594$1,215$917$686$472
25 years$1,962$1,496$1,125$837$617$417
26 years$1,866$1,406$1,044$765$556$368
27 years$1,778$1,323$969$701$501$326
28 years$1,696$1,246$901$642$452$288
29 years$1,620$1,176$838$589$408$255
30 years$1,549$1,111$781$540$369$226
31 years$1,483$1,050$728$496$334$200
32 years$1,421$993$679$456$302$177
33 years$1,363$941$634$419$273$157
34 years$1,308$892$593$386$247$139
35 years$1,257$846$554$355$224$124
36 years$1,209$803$518$327$203$110
37 years$1,163$762$485$301$184$97
38 years$1,120$724$454$278$167$86
39 years$1,079$689$426$256$151$77
40 years$1,040$655$399$236$137$68
41 years$1,004$624$374$218$124$60
42 years$969$594$351$201$113$54
43 years$936$566$329$186$102$48
44 years$904$540$309$171$93$42
45 years$874$515$290$158$84$38
46 years$845$491$273$146$77$33
47 years$818$468$256$135$70$30
48 years$792$447$241$125$63$26
49 years$767$427$226$115$57$23
50 years$743$408$213$107$52$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $761,000, adding $5,526 every year, while hoping to spend $33,941 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: 71/15/14 Blend
49$761,000$761,000$761,000$761,000
50$844,322$803,989$792,194$901,263
51$894,330$807,272$782,619$943,053
52$948,301$809,577$771,586$984,144
53$1,006,604$810,823$759,011$1,028,236
54$1,069,643$810,919$744,803$1,075,621
55$1,137,864$809,771$728,871$1,126,618
56$1,211,756$807,279$711,118$1,181,581
57$1,291,856$803,337$691,441$1,240,898
58$1,378,756$797,831$669,736$1,304,999
59$1,473,107$790,643$645,889$1,374,358
60$1,575,623$781,644$619,786$1,449,500
61$1,687,092$770,700$591,305$1,531,000
62$1,808,380$757,669$560,318$1,619,495
63$1,940,440$742,399$526,693$1,715,688
64$2,084,319$724,731$490,291$1,820,354
65$2,241,171$704,494$450,968$1,934,348
66$2,412,266$681,510$408,571$2,058,613
67$2,599,001$655,588$362,942$2,194,191
68$2,802,915$626,528$313,916$2,342,229
69$3,025,700$594,116$261,321$2,503,993
70$3,269,222$558,128$204,975$2,680,882
71$3,535,532$518,326$144,692$2,874,437
72$3,826,891$474,458$80,274$3,086,357
73$4,145,787$426,259$11,515$3,318,519
74$4,494,959$373,448$0$3,572,991
75$4,877,426$315,728$0$3,861,296
76$5,296,509$252,784$0$4,179,147
77$5,755,869$184,287$0$4,527,633
78$6,259,535$109,885$0$4,909,851
79$6,811,948$29,209$0$5,329,217
80$7,417,996$0$0$5,789,495
81$8,083,064$0$0$6,304,428
82$8,813,085$0$0$6,874,983
83$9,614,593$0$0$7,501,452
84$10,494,786$0$0$8,189,464
85$11,461,592$0$0$8,945,224
86$12,523,748$0$0$9,775,566
87$13,690,875$0$0$10,688,017
88$14,973,575$0$0$11,690,871
89$16,383,527$0$0$12,793,266
90$17,933,597$0$0$14,005,267
91$19,637,962$0$0$15,337,966
92$21,512,238$0$0$16,803,582
93$23,573,633$0$0$18,415,576
94$25,841,106$0$0$20,188,782
95$28,335,545$0$0$22,139,541
96$31,079,963$0$0$24,285,860
97$34,099,720$0$0$26,647,579
98$37,422,753$0$0$29,246,556
99$41,079,850$0$0$32,106,878
100$45,104,929$0$0$35,255,084