Can I retire at age 50 with 766,000?

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 $766,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$63,256$62,692$62,142$61,606$61,082$59,873
2 years$31,315$30,731$30,166$29,618$29,087$27,874
3 years$20,669$20,083$19,520$18,977$18,454$17,275
4 years$15,347$14,763$14,205$13,672$13,161$12,025
5 years$12,155$11,575$11,024$10,501$10,005$8,915
6 years$10,028$9,452$8,909$8,398$7,917$6,874
7 years$8,509$7,937$7,403$6,904$6,438$5,444
8 years$7,370$6,804$6,279$5,792$5,341$4,394
9 years$6,485$5,924$5,408$4,933$4,498$3,597
10 years$5,777$5,222$4,715$4,253$3,833$2,978
11 years$5,198$4,649$4,151$3,701$3,296$2,486
12 years$4,716$4,172$3,684$3,246$2,856$2,090
13 years$4,309$3,771$3,291$2,866$2,491$1,767
14 years$3,960$3,427$2,957$2,544$2,183$1,501
15 years$3,658$3,131$2,670$2,269$1,922$1,279
16 years$3,394$2,873$2,421$2,032$1,699$1,094
17 years$3,161$2,646$2,203$1,825$1,507$938
18 years$2,954$2,445$2,011$1,645$1,340$806
19 years$2,769$2,266$1,841$1,486$1,194$694
20 years$2,603$2,105$1,689$1,346$1,066$598
21 years$2,453$1,961$1,554$1,222$954$517
22 years$2,317$1,831$1,432$1,111$855$447
23 years$2,193$1,712$1,322$1,012$768$387
24 years$2,079$1,604$1,223$923$690$335
25 years$1,975$1,505$1,133$843$621$290
26 years$1,879$1,415$1,050$771$559$252
27 years$1,790$1,331$975$705$504$219
28 years$1,707$1,255$907$646$455$190
29 years$1,631$1,184$844$593$411$165
30 years$1,559$1,118$786$544$371$143
31 years$1,493$1,057$733$499$336$125
32 years$1,430$1,000$684$459$304$108
33 years$1,372$947$638$422$275$94
34 years$1,317$897$596$388$249$82
35 years$1,265$851$558$358$225$71
36 years$1,217$808$522$329$204$62
37 years$1,171$767$488$303$185$54
38 years$1,127$729$457$280$168$47
39 years$1,086$693$428$258$152$41
40 years$1,047$660$402$238$138$36
41 years$1,010$628$377$219$125$31
42 years$975$598$353$202$114$27
43 years$942$570$331$187$103$24
44 years$910$543$311$173$94$20
45 years$880$518$292$159$85$18
46 years$851$494$274$147$77$16
47 years$823$472$258$136$70$14
48 years$797$450$242$126$64$12
49 years$772$430$228$116$58$10
50 years$748$411$214$107$52$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $766,000, adding $2,061 every year, while hoping to spend $24,483 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: 46/45/9 Blend
49$766,000$766,000$766,000$766,000
50$846,258$805,660$793,787$882,978
51$906,527$819,088$794,329$921,946
52$972,122$832,353$794,069$961,495
53$1,043,562$845,421$792,953$1,003,835
54$1,121,415$858,257$790,928$1,049,234
55$1,206,309$870,821$787,933$1,097,986
56$1,298,933$883,072$783,910$1,150,415
57$1,400,047$894,965$778,793$1,206,878
58$1,510,486$906,453$772,517$1,267,772
59$1,631,170$917,483$765,011$1,333,531
60$1,763,112$928,003$756,202$1,404,638
61$1,907,428$937,953$746,012$1,481,622
62$2,065,345$947,272$734,363$1,565,069
63$2,238,215$955,894$721,169$1,655,626
64$2,427,528$963,747$706,343$1,754,006
65$2,634,922$970,757$689,792$1,860,996
66$2,862,204$976,844$671,420$1,977,465
67$3,111,361$981,922$651,125$2,104,372
68$3,384,586$985,902$628,803$2,242,774
69$3,684,288$988,686$604,343$2,393,839
70$4,013,127$990,172$577,630$2,558,854
71$4,374,028$990,253$548,542$2,739,240
72$4,770,215$988,811$516,955$2,936,567
73$5,205,239$985,725$482,735$3,152,563
74$5,683,012$980,864$445,745$3,389,137
75$6,207,843$974,091$405,842$3,648,396
76$6,784,480$965,258$362,874$3,932,663
77$7,418,152$954,211$316,685$4,244,501
78$8,114,620$940,784$267,112$4,586,738
79$8,880,233$924,804$213,981$4,962,494
80$9,721,983$906,086$157,116$5,375,209
81$10,647,574$884,433$96,328$5,828,679
82$11,665,495$859,638$31,423$6,327,092
83$12,785,098$831,483$0$6,875,066
84$14,016,686$799,734$0$7,481,328
85$15,371,613$764,145$0$8,151,320
86$16,862,387$724,458$0$8,888,240
87$18,502,790$680,396$0$9,698,942
88$20,308,008$631,670$0$10,590,989
89$22,294,774$577,970$0$11,572,717
90$24,481,523$518,973$0$12,653,318
91$26,888,570$454,334$0$13,842,928
92$29,538,299$383,691$0$15,152,722
93$32,455,373$306,660$0$16,595,021
94$35,666,970$222,835$0$18,183,411
95$39,203,037$131,789$0$19,932,870
96$43,096,570$33,071$0$21,859,912
97$47,383,931$0$0$23,982,744
98$52,105,185$0$0$26,357,981
99$57,304,481$0$0$28,991,870
100$63,030,470$0$0$31,892,696