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%16.3%
1 years$63,256$62,692$62,142$61,606$61,082$59,509
2 years$31,315$30,731$30,166$29,618$29,087$27,512
3 years$20,669$20,083$19,520$18,977$18,454$16,927
4 years$15,347$14,763$14,205$13,672$13,161$11,694
5 years$12,155$11,575$11,024$10,501$10,005$8,602
6 years$10,028$9,452$8,909$8,398$7,917$6,579
7 years$8,509$7,937$7,403$6,904$6,438$5,166
8 years$7,370$6,804$6,279$5,792$5,341$4,133
9 years$6,485$5,924$5,408$4,933$4,498$3,354
10 years$5,777$5,222$4,715$4,253$3,833$2,750
11 years$5,198$4,649$4,151$3,701$3,296$2,274
12 years$4,716$4,172$3,684$3,246$2,856$1,893
13 years$4,309$3,771$3,291$2,866$2,491$1,585
14 years$3,960$3,427$2,957$2,544$2,183$1,332
15 years$3,658$3,131$2,670$2,269$1,922$1,124
16 years$3,394$2,873$2,421$2,032$1,699$951
17 years$3,161$2,646$2,203$1,825$1,507$806
18 years$2,954$2,445$2,011$1,645$1,340$685
19 years$2,769$2,266$1,841$1,486$1,194$584
20 years$2,603$2,105$1,689$1,346$1,066$498
21 years$2,453$1,961$1,554$1,222$954$425
22 years$2,317$1,831$1,432$1,111$855$363
23 years$2,193$1,712$1,322$1,012$768$311
24 years$2,079$1,604$1,223$923$690$266
25 years$1,975$1,505$1,133$843$621$228
26 years$1,879$1,415$1,050$771$559$195
27 years$1,790$1,331$975$705$504$167
28 years$1,707$1,255$907$646$455$144
29 years$1,631$1,184$844$593$411$123
30 years$1,559$1,118$786$544$371$106
31 years$1,493$1,057$733$499$336$91
32 years$1,430$1,000$684$459$304$78
33 years$1,372$947$638$422$275$67
34 years$1,317$897$596$388$249$57
35 years$1,265$851$558$358$225$49
36 years$1,217$808$522$329$204$42
37 years$1,171$767$488$303$185$36
38 years$1,127$729$457$280$168$31
39 years$1,086$693$428$258$152$27
40 years$1,047$660$402$238$138$23
41 years$1,010$628$377$219$125$20
42 years$975$598$353$202$114$17
43 years$942$570$331$187$103$15
44 years$910$543$311$173$94$13
45 years$880$518$292$159$85$11
46 years$851$494$274$147$77$9
47 years$823$472$258$136$70$8
48 years$797$450$242$126$64$7
49 years$772$430$228$116$58$6
50 years$748$411$214$107$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $766,000, adding $3,719 every year, while hoping to spend $39,721 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: 55/36/9 Blend
49$766,000$766,000$766,000$766,000
50$847,968$807,370$795,497$892,547
51$892,198$804,668$779,883$920,421
52$939,608$800,503$762,415$946,061
53$990,481$794,760$742,989$973,024
54$1,045,126$787,320$721,495$1,001,444
55$1,103,884$778,054$697,821$1,031,468
56$1,167,128$766,826$671,846$1,063,260
57$1,235,269$753,494$643,446$1,097,003
58$1,308,756$737,905$612,491$1,132,901
59$1,388,085$719,898$578,845$1,171,179
60$1,473,799$699,303$542,366$1,212,091
61$1,566,496$675,939$502,905$1,255,916
62$1,666,833$649,614$460,307$1,302,966
63$1,775,532$620,127$414,409$1,353,587
64$1,893,387$587,263$365,042$1,408,165
65$2,021,270$550,797$312,029$1,467,126
66$2,160,142$510,489$255,184$1,530,945
67$2,311,060$466,086$194,316$1,600,148
68$2,475,184$417,320$129,222$1,675,321
69$2,653,794$363,910$59,692$1,757,112
70$2,848,295$305,555$0$1,846,241
71$3,060,235$241,942$0$1,944,898
72$3,291,318$172,736$0$2,058,782
73$3,543,418$97,586$0$2,183,158
74$3,818,598$16,119$0$2,319,137
75$4,119,130$0$0$2,467,947
76$4,447,514$0$0$2,659,491
77$4,806,502$0$0$2,875,935
78$5,199,125$0$0$3,112,729
79$5,628,720$0$0$3,371,895
80$6,098,961$0$0$3,655,659
81$6,613,895$0$0$3,966,471
82$7,177,976$0$0$4,307,031
83$7,796,111$0$0$4,680,311
84$8,473,704$0$0$5,089,586
85$9,216,708$0$0$5,538,461
86$10,031,676$0$0$6,030,908
87$10,925,830$0$0$6,571,302
88$11,907,121$0$0$7,164,461
89$12,984,309$0$0$7,815,693
90$14,167,045$0$0$8,530,845
91$15,465,958$0$0$9,316,358
92$16,892,756$0$0$10,179,327
93$18,460,340$0$0$11,127,570
94$20,182,920$0$0$12,169,696
95$22,076,152$0$0$13,315,194
96$24,157,282$0$0$14,574,514
97$26,445,312$0$0$15,959,172
98$28,961,177$0$0$17,481,854
99$31,727,941$0$0$19,156,537
100$34,771,016$0$0$20,998,621