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%19.6%
1 years$63,173$62,610$62,061$61,525$61,002$58,651
2 years$31,274$30,691$30,127$29,580$29,049$26,708
3 years$20,642$20,057$19,494$18,952$18,430$16,173
4 years$15,327$14,744$14,187$13,654$13,144$10,989
5 years$12,139$11,560$11,009$10,487$9,992$7,944
6 years$10,015$9,439$8,897$8,387$7,906$5,966
7 years$8,498$7,927$7,394$6,895$6,430$4,598
8 years$7,360$6,795$6,270$5,784$5,334$3,608
9 years$6,476$5,916$5,401$4,927$4,492$2,869
10 years$5,769$5,215$4,708$4,247$3,828$2,304
11 years$5,191$4,642$4,145$3,696$3,292$1,866
12 years$4,710$4,167$3,679$3,242$2,853$1,519
13 years$4,303$3,766$3,287$2,862$2,488$1,243
14 years$3,955$3,423$2,953$2,541$2,181$1,022
15 years$3,653$3,127$2,666$2,266$1,920$842
16 years$3,389$2,869$2,417$2,029$1,697$696
17 years$3,157$2,642$2,200$1,823$1,505$576
18 years$2,950$2,441$2,008$1,643$1,338$478
19 years$2,766$2,263$1,838$1,484$1,192$397
20 years$2,600$2,103$1,687$1,344$1,065$330
21 years$2,450$1,958$1,552$1,220$953$274
22 years$2,314$1,828$1,430$1,109$854$229
23 years$2,190$1,710$1,321$1,010$767$190
24 years$2,077$1,602$1,221$922$689$159
25 years$1,972$1,503$1,131$842$620$133
26 years$1,876$1,413$1,049$770$559$111
27 years$1,787$1,330$974$704$504$92
28 years$1,705$1,253$906$645$455$77
29 years$1,628$1,182$843$592$410$64
30 years$1,557$1,116$785$543$371$54
31 years$1,491$1,055$732$499$335$45
32 years$1,428$999$683$458$303$38
33 years$1,370$946$638$422$274$31
34 years$1,315$896$596$388$249$26
35 years$1,264$850$557$357$225$22
36 years$1,215$807$521$329$204$18
37 years$1,169$766$488$303$185$15
38 years$1,126$728$457$279$168$13
39 years$1,085$693$428$257$152$11
40 years$1,046$659$401$237$138$9
41 years$1,009$627$376$219$125$7
42 years$974$597$353$202$113$6
43 years$941$569$331$187$103$5
44 years$909$542$311$172$93$4
45 years$879$517$292$159$85$4
46 years$850$493$274$147$77$3
47 years$822$471$257$136$70$3
48 years$796$450$242$126$64$2
49 years$771$429$227$116$58$2
50 years$747$410$214$107$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $765,000, adding $5,017 every year, while hoping to spend $53,361 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: 73/7/20 Blend
49$765,000$765,000$765,000$765,000
50$848,205$807,660$795,803$905,708
51$877,946$790,460$765,686$927,386
52$908,933$770,628$732,773$944,205
53$941,235$747,980$696,912$961,272
54$974,929$722,319$657,946$978,600
55$1,010,097$693,438$615,713$996,207
56$1,046,828$661,117$570,040$1,014,113
57$1,085,217$625,125$520,749$1,032,340
58$1,125,367$585,214$467,652$1,050,916
59$1,167,390$541,125$410,554$1,069,870
60$1,211,408$492,584$349,252$1,089,239
61$1,257,552$439,301$283,532$1,109,063
62$1,305,963$380,968$213,171$1,129,387
63$1,356,796$317,260$137,937$1,150,265
64$1,410,220$247,837$57,589$1,171,756
65$1,466,417$172,335$0$1,193,928
66$1,525,585$90,372$0$1,222,868
67$1,587,940$1,546$0$1,266,160
68$1,653,717$0$0$1,311,659
69$1,723,174$0$0$1,366,823
70$1,796,591$0$0$1,425,272
71$1,874,271$0$0$1,487,133
72$1,956,550$0$0$1,552,672
73$2,043,790$0$0$1,622,183
74$2,136,391$0$0$1,695,985
75$2,234,788$0$0$1,774,427
76$2,339,456$0$0$1,857,893
77$2,450,917$0$0$1,946,799
78$2,569,741$0$0$2,041,605
79$2,696,554$0$0$2,142,813
80$2,832,040$0$0$2,250,973
81$2,976,949$0$0$2,366,686
82$3,132,103$0$0$2,490,615
83$3,298,407$0$0$2,623,485
84$3,476,848$0$0$2,766,090
85$3,668,513$0$0$2,919,304
86$3,874,594$0$0$3,084,084
87$4,096,401$0$0$3,261,483
88$4,335,369$0$0$3,452,656
89$4,593,078$0$0$3,658,871
90$4,871,262$0$0$3,881,522
91$5,171,825$0$0$4,122,141
92$5,496,862$0$0$4,382,411
93$5,848,675$0$0$4,664,183
94$6,229,794$0$0$4,969,491
95$6,642,999$0$0$5,300,572
96$7,091,352$0$0$5,659,885
97$7,578,216$0$0$6,050,135
98$8,107,291$0$0$6,474,299
99$8,682,649$0$0$6,935,649
100$9,308,769$0$0$7,437,788