Can I retire at age 50 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$63,173$62,610$62,061$61,525$61,002$59,120
2 years$31,274$30,691$30,127$29,580$29,049$27,169
3 years$20,642$20,057$19,494$18,952$18,430$16,612
4 years$15,327$14,744$14,187$13,654$13,144$11,401
5 years$12,139$11,560$11,009$10,487$9,992$8,329
6 years$10,015$9,439$8,897$8,387$7,906$6,325
7 years$8,498$7,927$7,394$6,895$6,430$4,930
8 years$7,360$6,795$6,270$5,784$5,334$3,914
9 years$6,476$5,916$5,401$4,927$4,492$3,151
10 years$5,769$5,215$4,708$4,247$3,828$2,563
11 years$5,191$4,642$4,145$3,696$3,292$2,102
12 years$4,710$4,167$3,679$3,242$2,853$1,735
13 years$4,303$3,766$3,287$2,862$2,488$1,440
14 years$3,955$3,423$2,953$2,541$2,181$1,199
15 years$3,653$3,127$2,666$2,266$1,920$1,003
16 years$3,389$2,869$2,417$2,029$1,697$840
17 years$3,157$2,642$2,200$1,823$1,505$706
18 years$2,950$2,441$2,008$1,643$1,338$594
19 years$2,766$2,263$1,838$1,484$1,192$501
20 years$2,600$2,103$1,687$1,344$1,065$423
21 years$2,450$1,958$1,552$1,220$953$358
22 years$2,314$1,828$1,430$1,109$854$303
23 years$2,190$1,710$1,321$1,010$767$256
24 years$2,077$1,602$1,221$922$689$217
25 years$1,972$1,503$1,131$842$620$184
26 years$1,876$1,413$1,049$770$559$156
27 years$1,787$1,330$974$704$504$132
28 years$1,705$1,253$906$645$455$112
29 years$1,628$1,182$843$592$410$95
30 years$1,557$1,116$785$543$371$81
31 years$1,491$1,055$732$499$335$69
32 years$1,428$999$683$458$303$58
33 years$1,370$946$638$422$274$50
34 years$1,315$896$596$388$249$42
35 years$1,264$850$557$357$225$36
36 years$1,215$807$521$329$204$30
37 years$1,169$766$488$303$185$26
38 years$1,126$728$457$279$168$22
39 years$1,085$693$428$257$152$19
40 years$1,046$659$401$237$138$16
41 years$1,009$627$376$219$125$14
42 years$974$597$353$202$113$11
43 years$941$569$331$187$103$10
44 years$909$542$311$172$93$8
45 years$879$517$292$159$85$7
46 years$850$493$274$147$77$6
47 years$822$471$257$136$70$5
48 years$796$450$242$126$64$4
49 years$771$429$227$116$58$4
50 years$747$410$214$107$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $765,000, adding $4,870 every year, while hoping to spend $40,427 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: 76/6/18 Blend
49$765,000$765,000$765,000$765,000
50$848,053$807,508$795,651$908,667
51$891,541$804,062$779,291$945,983
52$938,109$799,092$761,028$981,392
53$988,030$792,481$740,756$1,019,135
54$1,041,600$784,105$718,363$1,059,433
55$1,099,148$773,831$693,733$1,102,530
56$1,161,032$761,519$666,744$1,148,697
57$1,227,646$747,022$637,269$1,198,228
58$1,299,423$730,183$605,174$1,251,453
59$1,376,837$710,835$570,320$1,308,733
60$1,460,411$688,802$532,563$1,370,467
61$1,550,718$663,899$491,749$1,437,096
62$1,648,389$635,928$447,720$1,509,106
63$1,754,117$604,680$400,311$1,587,034
64$1,868,663$569,935$349,347$1,671,471
65$1,992,864$531,461$294,649$1,763,070
66$2,127,643$489,009$236,026$1,862,554
67$2,274,012$442,319$173,282$1,970,716
68$2,433,085$391,117$106,210$2,088,435
69$2,606,087$335,109$34,596$2,216,680
70$2,794,368$273,990$0$2,356,518
71$2,999,411$207,433$0$2,517,161
72$3,222,850$135,095$0$2,699,492
73$3,466,480$56,614$0$2,898,338
74$3,732,279$0$0$3,115,334
75$4,022,425$0$0$3,354,149
76$4,339,314$0$0$3,619,087
77$4,685,583$0$0$3,908,616
78$5,064,137$0$0$4,225,169
79$5,478,173$0$0$4,571,424
80$5,931,212$0$0$4,950,329
81$6,427,130$0$0$5,365,129
82$6,970,197$0$0$5,819,400
83$7,565,112$0$0$6,317,078
84$8,217,053$0$0$6,862,497
85$8,931,722$0$0$7,460,434
86$9,715,398$0$0$8,116,146
87$10,574,996$0$0$8,835,426
88$11,518,136$0$0$9,624,651
89$12,553,207$0$0$10,490,851
90$13,689,452$0$0$11,441,764
91$14,937,053$0$0$12,485,916
92$16,307,224$0$0$13,632,701
93$17,812,321$0$0$14,892,464
94$19,465,952$0$0$16,276,604
95$21,283,113$0$0$17,797,676
96$23,280,320$0$0$19,469,516
97$25,475,772$0$0$21,307,362
98$27,889,517$0$0$23,328,004
99$30,543,643$0$0$25,549,942
100$33,462,486$0$0$27,993,556