Can I retire at age 50 with 764,000?

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 $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%15.1%
1 years$63,090$62,528$61,980$61,445$60,922$59,644
2 years$31,233$30,651$30,087$29,541$29,011$27,728
3 years$20,615$20,031$19,469$18,927$18,406$17,160
4 years$15,307$14,725$14,168$13,636$13,127$11,927
5 years$12,123$11,544$10,995$10,474$9,979$8,829
6 years$10,001$9,427$8,886$8,376$7,896$6,796
7 years$8,486$7,917$7,384$6,886$6,422$5,373
8 years$7,351$6,786$6,262$5,777$5,327$4,329
9 years$6,468$5,908$5,394$4,920$4,486$3,538
10 years$5,762$5,208$4,702$4,242$3,823$2,923
11 years$5,185$4,636$4,140$3,691$3,288$2,436
12 years$4,704$4,161$3,674$3,238$2,849$2,044
13 years$4,298$3,761$3,282$2,859$2,484$1,724
14 years$3,950$3,418$2,949$2,537$2,178$1,461
15 years$3,648$3,123$2,663$2,263$1,917$1,243
16 years$3,385$2,865$2,414$2,026$1,695$1,061
17 years$3,153$2,639$2,197$1,821$1,503$908
18 years$2,946$2,438$2,005$1,641$1,336$778
19 years$2,762$2,260$1,836$1,483$1,191$669
20 years$2,597$2,100$1,685$1,343$1,064$575
21 years$2,447$1,956$1,550$1,219$952$496
22 years$2,311$1,826$1,428$1,108$853$428
23 years$2,187$1,708$1,319$1,009$766$369
24 years$2,074$1,600$1,220$920$688$319
25 years$1,970$1,501$1,130$840$619$276
26 years$1,874$1,411$1,048$769$558$239
27 years$1,785$1,328$973$703$503$207
28 years$1,703$1,251$904$644$454$179
29 years$1,626$1,181$842$591$410$155
30 years$1,555$1,115$784$542$370$134
31 years$1,489$1,054$731$498$335$117
32 years$1,427$997$682$458$303$101
33 years$1,368$944$637$421$274$88
34 years$1,313$895$595$387$248$76
35 years$1,262$849$556$357$225$66
36 years$1,213$806$520$328$204$57
37 years$1,168$765$487$303$185$50
38 years$1,124$727$456$279$167$43
39 years$1,083$692$427$257$152$38
40 years$1,045$658$400$237$138$33
41 years$1,008$626$376$219$125$28
42 years$973$597$352$202$113$25
43 years$939$568$331$186$103$21
44 years$908$542$310$172$93$19
45 years$878$517$291$159$85$16
46 years$849$493$274$147$77$14
47 years$821$470$257$136$70$12
48 years$795$449$242$125$63$11
49 years$770$429$227$116$58$9
50 years$746$410$213$107$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $764,000, adding $2,951 every year, while hoping to spend $36,001 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: 65/7/28 Blend
49$764,000$764,000$764,000$764,000
50$844,972$804,480$792,638$893,459
51$892,854$805,595$780,887$927,710
52$944,414$805,557$767,535$960,871
53$999,988$804,274$752,491$996,330
54$1,059,947$801,643$735,660$1,034,316
55$1,124,698$797,560$716,940$1,075,085
56$1,194,687$791,910$696,228$1,118,917
57$1,270,406$784,575$673,413$1,166,125
58$1,352,395$775,427$648,379$1,217,053
59$1,441,248$764,331$621,009$1,272,082
60$1,537,617$751,145$591,174$1,331,632
61$1,642,221$735,718$558,746$1,396,169
62$1,755,849$717,890$523,585$1,466,207
63$1,879,370$697,491$485,550$1,542,315
64$2,013,740$674,342$444,490$1,625,120
65$2,160,009$648,253$400,248$1,715,318
66$2,319,336$619,023$352,662$1,813,674
67$2,492,992$586,439$301,560$1,921,035
68$2,682,379$550,276$246,764$2,038,338
69$2,889,040$510,298$188,089$2,166,615
70$3,114,671$466,252$125,339$2,307,009
71$3,361,142$417,872$58,312$2,460,779
72$3,630,509$364,878$0$2,629,318
73$3,925,037$306,974$0$2,818,110
74$4,247,220$243,844$0$3,043,752
75$4,599,803$175,160$0$3,290,746
76$4,985,810$100,569$0$3,561,231
77$5,408,569$19,704$0$3,857,565
78$5,871,747$0$0$4,182,344
79$6,379,382$0$0$4,543,654
80$6,935,920$0$0$4,941,487
81$7,546,259$0$0$5,377,831
82$8,215,794$0$0$5,856,551
83$8,950,465$0$0$6,381,900
84$9,756,817$0$0$6,958,567
85$10,642,059$0$0$7,591,713
86$11,614,133$0$0$8,287,027
87$12,681,785$0$0$9,050,773
88$13,854,653$0$0$9,889,853
89$15,143,352$0$0$10,811,870
90$16,559,578$0$0$11,825,199
91$18,116,214$0$0$12,939,070
92$19,827,455$0$0$14,163,649
93$21,708,939$0$0$15,510,135
94$23,777,896$0$0$16,990,869
95$26,053,307$0$0$18,619,448
96$28,556,088$0$0$20,410,850
97$31,309,281$0$0$22,381,580
98$34,338,274$0$0$24,549,822
99$37,671,041$0$0$26,935,612
100$41,338,403$0$0$29,561,027