Can I retire at age 50 with 764,000?

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 $764,000?

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$63,090$62,528$61,980$61,445$60,922$58,528
2 years$31,233$30,651$30,087$29,541$29,011$26,628
3 years$20,615$20,031$19,469$18,927$18,406$16,109
4 years$15,307$14,725$14,168$13,636$13,127$10,935
5 years$12,123$11,544$10,995$10,474$9,979$7,896
6 years$10,001$9,427$8,886$8,376$7,896$5,924
7 years$8,486$7,917$7,384$6,886$6,422$4,560
8 years$7,351$6,786$6,262$5,777$5,327$3,574
9 years$6,468$5,908$5,394$4,920$4,486$2,838
10 years$5,762$5,208$4,702$4,242$3,823$2,277
11 years$5,185$4,636$4,140$3,691$3,288$1,841
12 years$4,704$4,161$3,674$3,238$2,849$1,497
13 years$4,298$3,761$3,282$2,859$2,484$1,224
14 years$3,950$3,418$2,949$2,537$2,178$1,004
15 years$3,648$3,123$2,663$2,263$1,917$826
16 years$3,385$2,865$2,414$2,026$1,695$682
17 years$3,153$2,639$2,197$1,821$1,503$563
18 years$2,946$2,438$2,005$1,641$1,336$467
19 years$2,762$2,260$1,836$1,483$1,191$387
20 years$2,597$2,100$1,685$1,343$1,064$321
21 years$2,447$1,956$1,550$1,219$952$267
22 years$2,311$1,826$1,428$1,108$853$222
23 years$2,187$1,708$1,319$1,009$766$185
24 years$2,074$1,600$1,220$920$688$154
25 years$1,970$1,501$1,130$840$619$128
26 years$1,874$1,411$1,048$769$558$107
27 years$1,785$1,328$973$703$503$89
28 years$1,703$1,251$904$644$454$74
29 years$1,626$1,181$842$591$410$62
30 years$1,555$1,115$784$542$370$52
31 years$1,489$1,054$731$498$335$43
32 years$1,427$997$682$458$303$36
33 years$1,368$944$637$421$274$30
34 years$1,313$895$595$387$248$25
35 years$1,262$849$556$357$225$21
36 years$1,213$806$520$328$204$17
37 years$1,168$765$487$303$185$15
38 years$1,124$727$456$279$167$12
39 years$1,083$692$427$257$152$10
40 years$1,045$658$400$237$138$8
41 years$1,008$626$376$219$125$7
42 years$973$597$352$202$113$6
43 years$939$568$331$186$103$5
44 years$908$542$310$172$93$4
45 years$878$517$291$159$85$3
46 years$849$493$274$147$77$3
47 years$821$470$257$136$70$2
48 years$795$449$242$125$63$2
49 years$770$429$227$116$58$2
50 years$746$410$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 $764,000, adding $6,846 every year, while hoping to spend $36,175 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: 57/18/25 Blend
49$764,000$764,000$764,000$764,000
50$848,990$808,498$796,656$891,249
51$897,097$809,624$784,854$922,062
52$948,898$809,593$771,444$951,221
53$1,004,733$808,310$756,334$982,241
54$1,064,973$805,675$739,429$1,015,312
55$1,130,026$801,579$720,626$1,050,643
56$1,200,343$795,910$699,820$1,088,469
57$1,276,415$788,548$676,902$1,129,049
58$1,358,787$779,364$651,756$1,172,669
59$1,448,055$768,224$624,261$1,219,647
60$1,544,874$754,985$594,291$1,270,336
61$1,649,965$739,493$561,715$1,325,127
62$1,764,123$721,590$526,393$1,384,452
63$1,888,220$701,103$488,183$1,448,790
64$2,023,215$677,854$446,934$1,518,671
65$2,170,165$651,651$402,489$1,594,681
66$2,330,232$622,293$354,683$1,677,472
67$2,504,696$589,565$303,344$1,767,761
68$2,694,963$553,242$248,295$1,866,343
69$2,902,584$513,086$189,347$1,974,100
70$3,129,263$468,842$126,306$2,092,003
71$3,376,878$420,245$58,967$2,221,130
72$3,647,495$367,013$0$2,362,670
73$3,943,389$308,846$0$2,521,378
74$4,267,066$245,431$0$2,712,280
75$4,621,284$176,434$0$2,921,297
76$5,009,080$101,504$0$3,150,272
77$5,433,798$20,270$0$3,401,234
78$5,899,122$0$0$3,676,422
79$6,409,108$0$0$3,991,708
80$6,968,223$0$0$4,341,836
81$7,581,387$0$0$4,725,881
82$8,254,020$0$0$5,147,246
83$8,992,091$0$0$5,609,678
84$9,802,174$0$0$6,117,307
85$10,691,511$0$0$6,674,681
86$11,668,081$0$0$7,286,809
87$12,740,670$0$0$7,959,211
88$13,918,961$0$0$8,697,966
89$15,213,618$0$0$9,509,771
90$16,636,390$0$0$10,402,006
91$18,200,221$0$0$11,382,799
92$19,919,370$0$0$12,461,107
93$21,809,549$0$0$13,646,796
94$23,888,065$0$0$14,950,736
95$26,173,990$0$0$16,384,906
96$28,688,333$0$0$17,962,501
97$31,454,243$0$0$19,698,059
98$34,497,227$0$0$21,607,602
99$37,845,387$0$0$23,708,778
100$41,529,687$0$0$26,021,036