Can I retire at age 50 with 763,000?

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 $763,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$63,008$62,447$61,899$61,365$60,843$58,637
2 years$31,192$30,611$30,048$29,502$28,973$26,775
3 years$20,588$20,005$19,443$18,902$18,381$16,261
4 years$15,287$14,706$14,150$13,618$13,110$11,082
5 years$12,107$11,529$10,981$10,460$9,966$8,036
6 years$9,988$9,415$8,874$8,365$7,886$6,056
7 years$8,475$7,906$7,374$6,877$6,413$4,682
8 years$7,341$6,777$6,254$5,769$5,320$3,687
9 years$6,459$5,901$5,387$4,914$4,480$2,943
10 years$5,754$5,201$4,696$4,236$3,818$2,373
11 years$5,178$4,630$4,134$3,687$3,283$1,929
12 years$4,698$4,156$3,669$3,234$2,845$1,577
13 years$4,292$3,756$3,278$2,855$2,481$1,296
14 years$3,944$3,414$2,945$2,534$2,175$1,069
15 years$3,643$3,119$2,659$2,260$1,915$885
16 years$3,380$2,861$2,411$2,024$1,692$734
17 years$3,148$2,635$2,194$1,818$1,501$611
18 years$2,943$2,435$2,003$1,639$1,334$509
19 years$2,759$2,257$1,834$1,481$1,189$424
20 years$2,593$2,097$1,683$1,341$1,062$354
21 years$2,444$1,953$1,548$1,217$951$296
22 years$2,308$1,823$1,426$1,107$852$248
23 years$2,184$1,705$1,317$1,008$765$208
24 years$2,071$1,598$1,218$919$688$174
25 years$1,967$1,499$1,128$839$619$146
26 years$1,871$1,409$1,046$767$557$122
27 years$1,783$1,326$972$703$502$103
28 years$1,701$1,250$903$644$453$86
29 years$1,624$1,179$841$590$409$72
30 years$1,553$1,113$783$542$370$61
31 years$1,487$1,053$730$497$334$51
32 years$1,425$996$681$457$302$43
33 years$1,366$943$636$420$274$36
34 years$1,312$894$594$387$248$30
35 years$1,260$848$555$356$224$25
36 years$1,212$805$520$328$203$21
37 years$1,166$764$486$302$184$18
38 years$1,123$726$455$279$167$15
39 years$1,082$691$427$257$152$13
40 years$1,043$657$400$237$137$11
41 years$1,006$626$375$219$125$9
42 years$971$596$352$202$113$7
43 years$938$568$330$186$103$6
44 years$907$541$310$172$93$5
45 years$876$516$291$159$85$4
46 years$848$492$273$147$77$4
47 years$820$470$257$135$70$3
48 years$794$448$241$125$63$3
49 years$769$428$227$116$58$2
50 years$745$409$213$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $763,000, adding $4,779 every year, while hoping to spend $37,973 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: 81/9/10 Blend
49$763,000$763,000$763,000$763,000
50$845,756$805,317$793,490$912,530
51$891,620$804,374$779,669$956,049
52$940,889$802,113$764,112$998,322
53$993,871$798,428$746,722$1,043,588
54$1,050,904$793,208$727,394$1,092,128
55$1,112,356$786,336$706,022$1,144,251
56$1,178,637$777,686$682,494$1,200,296
57$1,250,191$767,127$656,691$1,260,638
58$1,327,511$754,516$628,491$1,325,689
59$1,411,137$739,707$597,765$1,395,904
60$1,501,661$722,541$564,378$1,471,784
61$1,599,737$702,851$528,191$1,553,881
62$1,706,080$680,461$489,055$1,642,804
63$1,821,480$655,184$446,819$1,739,223
64$1,946,805$626,822$401,321$1,843,877
65$2,083,008$595,165$352,394$1,957,581
66$2,231,139$559,993$299,864$2,081,234
67$2,392,353$521,070$243,547$2,215,825
68$2,567,921$478,150$183,253$2,362,445
69$2,759,240$430,970$118,783$2,522,298
70$2,967,849$379,255$49,930$2,696,710
71$3,195,442$322,711$0$2,887,142
72$3,443,884$261,030$0$3,097,718
73$3,715,225$193,885$0$3,333,552
74$4,011,725$120,933$0$3,591,294
75$4,335,871$41,809$0$3,873,129
76$4,690,400$0$0$4,181,465
77$5,078,328$0$0$4,523,300
78$5,502,975$0$0$4,902,042
79$5,967,995$0$0$5,316,812
80$6,477,414$0$0$5,771,204
81$7,035,665$0$0$6,269,175
82$7,647,631$0$0$6,815,081
83$8,318,689$0$0$7,413,723
84$9,054,761$0$0$8,070,387
85$9,862,371$0$0$8,790,896
86$10,748,703$0$0$9,581,662
87$11,721,674$0$0$10,449,750
88$12,790,000$0$0$11,402,942
89$13,963,286$0$0$12,449,810
90$15,252,112$0$0$13,599,798
91$16,668,132$0$0$14,863,307
92$18,224,185$0$0$16,251,799
93$19,934,417$0$0$17,777,899
94$21,814,411$0$0$19,455,516
95$23,881,334$0$0$21,299,975
96$26,154,102$0$0$23,328,158
97$28,653,554$0$0$25,558,667
98$31,402,650$0$0$28,011,995
99$34,426,685$0$0$30,710,723
100$37,753,533$0$0$33,679,729