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%18.9%
1 years$63,008$62,447$61,899$61,365$60,843$58,661
2 years$31,192$30,611$30,048$29,502$28,973$26,798
3 years$20,588$20,005$19,443$18,902$18,381$16,282
4 years$15,287$14,706$14,150$13,618$13,110$11,102
5 years$12,107$11,529$10,981$10,460$9,966$8,055
6 years$9,988$9,415$8,874$8,365$7,886$6,073
7 years$8,475$7,906$7,374$6,877$6,413$4,699
8 years$7,341$6,777$6,254$5,769$5,320$3,702
9 years$6,459$5,901$5,387$4,914$4,480$2,957
10 years$5,754$5,201$4,696$4,236$3,818$2,386
11 years$5,178$4,630$4,134$3,687$3,283$1,940
12 years$4,698$4,156$3,669$3,234$2,845$1,588
13 years$4,292$3,756$3,278$2,855$2,481$1,306
14 years$3,944$3,414$2,945$2,534$2,175$1,078
15 years$3,643$3,119$2,659$2,260$1,915$893
16 years$3,380$2,861$2,411$2,024$1,692$741
17 years$3,148$2,635$2,194$1,818$1,501$617
18 years$2,943$2,435$2,003$1,639$1,334$514
19 years$2,759$2,257$1,834$1,481$1,189$429
20 years$2,593$2,097$1,683$1,341$1,062$359
21 years$2,444$1,953$1,548$1,217$951$300
22 years$2,308$1,823$1,426$1,107$852$252
23 years$2,184$1,705$1,317$1,008$765$211
24 years$2,071$1,598$1,218$919$688$177
25 years$1,967$1,499$1,128$839$619$148
26 years$1,871$1,409$1,046$767$557$124
27 years$1,783$1,326$972$703$502$104
28 years$1,701$1,250$903$644$453$88
29 years$1,624$1,179$841$590$409$74
30 years$1,553$1,113$783$542$370$62
31 years$1,487$1,053$730$497$334$52
32 years$1,425$996$681$457$302$44
33 years$1,366$943$636$420$274$37
34 years$1,312$894$594$387$248$31
35 years$1,260$848$555$356$224$26
36 years$1,212$805$520$328$203$22
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$8
43 years$938$568$330$186$103$6
44 years$907$541$310$172$93$5
45 years$876$516$291$159$85$5
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 $4,402 every year, while hoping to spend $58,718 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: 50/20/30 Blend
49$763,000$763,000$763,000$763,000
50$845,367$804,928$793,101$880,250
51$869,119$781,894$757,195$882,120
52$893,325$755,763$718,117$877,999
53$917,971$726,322$675,701$872,395
54$943,037$693,344$629,769$865,195
55$968,499$656,591$580,139$856,279
56$994,331$615,809$526,619$845,520
57$1,020,499$570,730$469,007$832,782
58$1,046,967$521,072$407,095$817,919
59$1,073,688$466,536$340,664$800,777
60$1,100,614$406,805$269,485$781,191
61$1,127,684$341,546$193,321$758,985
62$1,154,831$270,406$111,921$733,970
63$1,181,979$193,011$25,026$705,946
64$1,209,042$108,969$0$674,698
65$1,235,919$17,864$0$661,670
66$1,262,500$0$0$654,901
67$1,288,659$0$0$663,976
68$1,314,253$0$0$676,627
69$1,339,123$0$0$688,834
70$1,363,091$0$0$700,496
71$1,385,957$0$0$711,502
72$1,407,495$0$0$721,726
73$1,427,455$0$0$731,030
74$1,445,558$0$0$739,256
75$1,461,491$0$0$746,232
76$1,474,907$0$0$751,764
77$1,485,418$0$0$755,637
78$1,492,593$0$0$757,611
79$1,495,953$0$0$757,421
80$1,494,966$0$0$754,772
81$1,489,041$0$0$749,335
82$1,477,522$0$0$740,748
83$1,459,681$0$0$728,606
84$1,434,711$0$0$712,463
85$1,401,717$0$0$691,825
86$1,359,708$0$0$666,142
87$1,307,588$0$0$634,807
88$1,244,141$0$0$597,149
89$1,168,023$0$0$552,424
90$1,077,745$0$0$499,810
91$971,662$0$0$438,396
92$847,955$0$0$367,178
93$704,611$0$0$285,044
94$539,406$0$0$190,766
95$349,882$0$0$82,985
96$133,323$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0