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%13.3%
1 years$62,843$62,283$61,737$61,204$60,683$59,851
2 years$31,110$30,531$29,969$29,425$28,897$28,059
3 years$20,534$19,952$19,392$18,853$18,333$17,517
4 years$15,247$14,667$14,112$13,582$13,075$12,287
5 years$12,076$11,499$10,952$10,433$9,940$9,181
6 years$9,962$9,390$8,851$8,343$7,865$7,137
7 years$8,453$7,886$7,355$6,859$6,396$5,699
8 years$7,322$6,759$6,238$5,754$5,306$4,640
9 years$6,442$5,885$5,372$4,901$4,469$3,833
10 years$5,739$5,188$4,684$4,225$3,808$3,202
11 years$5,164$4,618$4,124$3,677$3,275$2,699
12 years$4,686$4,145$3,660$3,225$2,838$2,291
13 years$4,281$3,746$3,270$2,847$2,475$1,956
14 years$3,934$3,405$2,938$2,528$2,169$1,678
15 years$3,634$3,110$2,652$2,254$1,910$1,445
16 years$3,372$2,854$2,405$2,018$1,688$1,249
17 years$3,140$2,628$2,188$1,813$1,497$1,082
18 years$2,935$2,429$1,998$1,634$1,331$940
19 years$2,751$2,251$1,829$1,477$1,186$819
20 years$2,586$2,092$1,678$1,337$1,060$714
21 years$2,437$1,948$1,544$1,214$948$624
22 years$2,302$1,819$1,423$1,104$850$545
23 years$2,179$1,701$1,314$1,005$763$477
24 years$2,066$1,594$1,215$917$686$418
25 years$1,962$1,496$1,125$837$617$367
26 years$1,866$1,406$1,044$765$556$322
27 years$1,778$1,323$969$701$501$283
28 years$1,696$1,246$901$642$452$249
29 years$1,620$1,176$838$589$408$219
30 years$1,549$1,111$781$540$369$192
31 years$1,483$1,050$728$496$334$169
32 years$1,421$993$679$456$302$149
33 years$1,363$941$634$419$273$131
34 years$1,308$892$593$386$247$116
35 years$1,257$846$554$355$224$102
36 years$1,209$803$518$327$203$90
37 years$1,163$762$485$301$184$79
38 years$1,120$724$454$278$167$70
39 years$1,079$689$426$256$151$62
40 years$1,040$655$399$236$137$54
41 years$1,004$624$374$218$124$48
42 years$969$594$351$201$113$42
43 years$936$566$329$186$102$37
44 years$904$540$309$171$93$33
45 years$874$515$290$158$84$29
46 years$845$491$273$146$77$26
47 years$818$468$256$135$70$23
48 years$792$447$241$125$63$20
49 years$767$427$226$115$57$18
50 years$743$408$213$107$52$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $761,000, adding $3,283 every year, while hoping to spend $33,390 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: 58/17/25 Blend
49$761,000$761,000$761,000$761,000
50$842,008$801,675$789,880$884,969
51$892,367$805,431$780,814$918,436
52$946,742$808,251$770,326$951,068
53$1,005,510$810,055$758,331$985,940
54$1,069,081$810,757$744,745$1,023,278
55$1,137,908$810,265$729,475$1,063,329
56$1,212,489$808,482$712,426$1,106,371
57$1,293,370$805,305$693,500$1,152,710
58$1,381,153$800,624$672,591$1,202,682
59$1,476,499$794,324$649,592$1,256,664
60$1,580,137$786,280$624,388$1,315,067
61$1,692,866$776,363$596,860$1,378,350
62$1,815,567$764,434$566,884$1,447,019
63$1,949,210$750,347$534,330$1,521,635
64$2,094,861$733,945$499,061$1,602,815
65$2,253,694$715,065$460,936$1,691,244
66$2,427,000$693,532$419,807$1,787,678
67$2,616,201$669,162$375,517$1,892,954
68$2,822,862$641,760$327,906$2,007,995
69$3,048,707$611,119$276,804$2,133,822
70$3,295,632$577,021$222,034$2,271,563
71$3,565,727$539,235$163,412$2,422,465
72$3,861,290$497,517$100,745$2,587,904
73$4,184,854$451,608$33,833$2,769,400
74$4,539,207$401,235$0$2,968,634
75$4,927,421$346,110$0$3,197,483
76$5,352,877$285,928$0$3,458,256
77$5,819,300$220,368$0$3,744,239
78$6,330,791$149,088$0$4,057,995
79$6,891,868$71,731$0$4,402,347
80$7,507,509$0$0$4,780,406
81$8,183,194$0$0$5,197,866
82$8,924,962$0$0$5,670,950
83$9,739,463$0$0$6,190,490
84$10,634,024$0$0$6,761,168
85$11,616,716$0$0$7,388,142
86$12,696,430$0$0$8,077,093
87$13,882,961$0$0$8,834,281
88$15,187,101$0$0$9,666,602
89$16,620,738$0$0$10,581,652
90$18,196,968$0$0$11,587,804
91$19,930,224$0$0$12,694,278
92$21,836,402$0$0$13,911,234
93$23,933,018$0$0$15,249,868
94$26,239,373$0$0$16,722,512
95$28,776,730$0$0$18,342,756
96$31,568,516$0$0$20,125,574
97$34,640,546$0$0$22,087,462
98$38,021,263$0$0$24,246,599
99$41,742,005$0$0$26,623,014
100$45,837,304$0$0$29,238,776