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%19.5%
1 years$63,173$62,610$62,061$61,525$61,002$58,675
2 years$31,274$30,691$30,127$29,580$29,049$26,731
3 years$20,642$20,057$19,494$18,952$18,430$16,195
4 years$15,327$14,744$14,187$13,654$13,144$11,009
5 years$12,139$11,560$11,009$10,487$9,992$7,963
6 years$10,015$9,439$8,897$8,387$7,906$5,984
7 years$8,498$7,927$7,394$6,895$6,430$4,614
8 years$7,360$6,795$6,270$5,784$5,334$3,622
9 years$6,476$5,916$5,401$4,927$4,492$2,882
10 years$5,769$5,215$4,708$4,247$3,828$2,317
11 years$5,191$4,642$4,145$3,696$3,292$1,877
12 years$4,710$4,167$3,679$3,242$2,853$1,530
13 years$4,303$3,766$3,287$2,862$2,488$1,253
14 years$3,955$3,423$2,953$2,541$2,181$1,030
15 years$3,653$3,127$2,666$2,266$1,920$849
16 years$3,389$2,869$2,417$2,029$1,697$702
17 years$3,157$2,642$2,200$1,823$1,505$582
18 years$2,950$2,441$2,008$1,643$1,338$483
19 years$2,766$2,263$1,838$1,484$1,192$401
20 years$2,600$2,103$1,687$1,344$1,065$334
21 years$2,450$1,958$1,552$1,220$953$278
22 years$2,314$1,828$1,430$1,109$854$232
23 years$2,190$1,710$1,321$1,010$767$193
24 years$2,077$1,602$1,221$922$689$161
25 years$1,972$1,503$1,131$842$620$135
26 years$1,876$1,413$1,049$770$559$113
27 years$1,787$1,330$974$704$504$94
28 years$1,705$1,253$906$645$455$79
29 years$1,628$1,182$843$592$410$66
30 years$1,557$1,116$785$543$371$55
31 years$1,491$1,055$732$499$335$46
32 years$1,428$999$683$458$303$38
33 years$1,370$946$638$422$274$32
34 years$1,315$896$596$388$249$27
35 years$1,264$850$557$357$225$22
36 years$1,215$807$521$329$204$19
37 years$1,169$766$488$303$185$16
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$8
42 years$974$597$353$202$113$6
43 years$941$569$331$187$103$5
44 years$909$542$311$172$93$5
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$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $765,000, adding $2,728 every year, while hoping to spend $23,432 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: 48/24/28 Blend
49$765,000$765,000$765,000$765,000
50$845,844$805,299$793,441$879,568
51$907,189$819,827$795,090$918,097
52$974,005$834,282$796,009$957,400
53$1,046,827$848,635$796,148$999,631
54$1,126,240$862,855$795,457$1,045,076
55$1,212,893$876,911$793,880$1,094,054
56$1,307,494$890,766$791,362$1,146,916
57$1,410,828$904,383$787,842$1,204,050
58$1,523,756$917,721$783,258$1,265,882
59$1,647,227$930,737$777,545$1,332,885
60$1,782,285$943,385$770,634$1,405,581
61$1,930,081$955,614$762,453$1,484,543
62$2,091,882$967,371$752,928$1,570,407
63$2,269,081$978,599$741,978$1,663,875
64$2,463,215$989,239$729,522$1,765,718
65$2,675,976$999,224$715,474$1,876,791
66$2,909,226$1,008,487$699,743$1,998,035
67$3,165,017$1,016,952$682,234$2,130,491
68$3,445,609$1,024,543$662,849$2,275,304
69$3,753,490$1,031,175$641,484$2,433,742
70$4,091,403$1,036,759$618,030$2,607,199
71$4,462,367$1,041,202$592,375$2,797,218
72$4,869,709$1,044,402$564,401$3,005,498
73$5,317,094$1,046,252$533,983$3,233,916
74$5,808,559$1,046,639$500,992$3,484,541
75$6,348,550$1,045,442$465,293$3,759,655
76$6,941,967$1,042,534$426,746$4,061,778
77$7,594,207$1,037,778$385,201$4,393,687
78$8,311,217$1,031,030$340,506$4,758,447
79$9,099,548$1,022,137$292,500$5,159,438
80$9,966,416$1,010,936$241,013$5,600,389
81$10,919,775$997,256$185,872$6,085,412
82$11,968,385$980,915$126,891$6,619,043
83$13,121,899$961,719$63,881$7,206,283
84$14,390,953$939,463$0$7,852,650
85$15,787,266$913,932$0$8,565,231
86$17,323,747$884,895$0$9,370,163
87$19,014,625$852,110$0$10,255,806
88$20,875,573$815,320$0$11,230,385
89$22,923,864$774,253$0$12,302,967
90$25,178,528$728,622$0$13,483,547
91$27,660,536$678,122$0$14,783,139
92$30,392,994$622,433$0$16,213,884
93$33,401,361$561,214$0$17,789,163
94$36,713,692$494,106$0$19,523,725
95$40,360,902$420,730$0$21,433,827
96$44,377,052$340,684$0$23,537,383
97$48,799,679$253,546$0$25,854,143
98$53,670,143$158,866$0$28,405,870
99$59,034,021$56,174$0$31,216,553
100$64,941,535$0$0$34,312,631