Can I retire at age 50 with 762,000?

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 $762,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$62,925$62,365$61,818$61,284$60,763$58,375
2 years$31,151$30,571$30,009$29,464$28,935$26,558
3 years$20,561$19,978$19,418$18,878$18,357$16,067
4 years$15,267$14,686$14,131$13,600$13,093$10,906
5 years$12,092$11,514$10,966$10,446$9,953$7,875
6 years$9,975$9,402$8,862$8,354$7,875$5,908
7 years$8,464$7,896$7,365$6,868$6,405$4,548
8 years$7,331$6,768$6,246$5,762$5,313$3,564
9 years$6,451$5,893$5,380$4,908$4,475$2,831
10 years$5,747$5,194$4,690$4,230$3,813$2,271
11 years$5,171$4,624$4,129$3,682$3,279$1,836
12 years$4,692$4,151$3,664$3,229$2,841$1,493
13 years$4,286$3,751$3,274$2,851$2,478$1,221
14 years$3,939$3,409$2,942$2,531$2,172$1,001
15 years$3,639$3,115$2,656$2,257$1,912$824
16 years$3,376$2,858$2,408$2,021$1,690$680
17 years$3,144$2,632$2,191$1,816$1,499$562
18 years$2,939$2,432$2,000$1,636$1,333$465
19 years$2,755$2,254$1,831$1,479$1,188$386
20 years$2,590$2,094$1,680$1,339$1,061$320
21 years$2,441$1,951$1,546$1,215$949$266
22 years$2,305$1,821$1,425$1,105$851$221
23 years$2,181$1,703$1,315$1,006$764$184
24 years$2,068$1,596$1,217$918$687$153
25 years$1,965$1,497$1,127$838$618$128
26 years$1,869$1,407$1,045$766$557$106
27 years$1,780$1,325$970$702$502$89
28 years$1,698$1,248$902$643$453$74
29 years$1,622$1,177$839$589$409$62
30 years$1,551$1,112$782$541$369$51
31 years$1,485$1,051$729$497$334$43
32 years$1,423$995$680$457$302$36
33 years$1,365$942$635$420$273$30
34 years$1,310$893$593$386$248$25
35 years$1,259$847$555$356$224$21
36 years$1,210$804$519$328$203$17
37 years$1,165$763$486$302$184$14
38 years$1,121$725$455$278$167$12
39 years$1,080$690$426$256$151$10
40 years$1,042$656$399$237$137$8
41 years$1,005$625$375$218$125$7
42 years$970$595$351$201$113$6
43 years$937$567$330$186$103$5
44 years$905$540$309$172$93$4
45 years$875$515$291$159$85$3
46 years$847$492$273$146$77$3
47 years$819$469$256$135$70$2
48 years$793$448$241$125$63$2
49 years$768$428$226$116$57$2
50 years$744$409$213$107$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $762,000, adding $2,261 every year, while hoping to spend $40,855 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: 33/46/21 Blend
49$762,000$762,000$762,000$762,000
50$842,056$801,670$789,859$864,340
51$884,477$797,483$772,850$876,950
52$929,854$791,721$753,902$886,646
53$978,449$784,264$732,906$896,252
54$1,030,542$774,985$709,751$905,786
55$1,086,447$763,748$684,317$915,269
56$1,146,503$750,411$656,480$924,730
57$1,211,087$734,821$626,112$934,204
58$1,280,608$716,818$593,078$943,733
59$1,355,520$696,232$557,236$953,370
60$1,436,317$672,881$518,437$963,176
61$1,523,546$646,577$476,530$973,224
62$1,617,805$617,117$431,350$983,599
63$1,719,752$584,286$382,732$994,401
64$1,830,112$547,861$330,498$1,005,747
65$1,949,678$507,602$274,465$1,017,770
66$2,079,327$463,255$214,441$1,030,626
67$2,220,020$414,556$150,226$1,044,491
68$2,372,814$361,221$81,611$1,059,571
69$2,538,873$302,953$8,377$1,076,095
70$2,719,477$239,437$0$1,094,330
71$2,916,034$170,341$0$1,130,210
72$3,130,095$95,312$0$1,171,459
73$3,363,363$13,981$0$1,216,640
74$3,617,715$0$0$1,266,245
75$3,895,217$0$0$1,358,306
76$4,198,141$0$0$1,466,634
77$4,528,991$0$0$1,585,058
78$4,890,521$0$0$1,714,581
79$5,285,763$0$0$1,856,301
80$5,718,056$0$0$2,011,433
81$6,191,078$0$0$2,181,310
82$6,708,876$0$0$2,367,403
83$7,275,908$0$0$2,571,331
84$7,897,083$0$0$2,794,877
85$8,577,808$0$0$3,040,004
86$9,324,036$0$0$3,308,877
87$10,142,325$0$0$3,603,876
88$11,039,897$0$0$3,927,626
89$12,024,708$0$0$4,283,017
90$13,105,520$0$0$4,673,234
91$14,291,985$0$0$5,101,783
92$15,594,736$0$0$5,572,528
93$17,025,483$0$0$6,089,726
94$18,597,129$0$0$6,658,066
95$20,323,887$0$0$7,282,712
96$22,221,414$0$0$7,969,356
97$24,306,961$0$0$8,724,268
98$26,599,531$0$0$9,554,355
99$29,120,061$0$0$10,467,228
100$31,891,617$0$0$11,471,271