Can I retire at age 50 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$63,338$62,774$62,224$61,686$61,162$59,780
2 years$31,356$30,772$30,206$29,657$29,125$27,740
3 years$20,696$20,110$19,545$19,001$18,478$17,134
4 years$15,367$14,783$14,224$13,689$13,179$11,885
5 years$12,171$11,590$11,038$10,515$10,018$8,779
6 years$10,041$9,464$8,921$8,409$7,927$6,743
7 years$8,520$7,948$7,413$6,913$6,447$5,319
8 years$7,380$6,813$6,287$5,799$5,348$4,276
9 years$6,493$5,932$5,415$4,940$4,504$3,486
10 years$5,784$5,229$4,721$4,258$3,838$2,873
11 years$5,205$4,655$4,156$3,706$3,300$2,388
12 years$4,722$4,178$3,688$3,251$2,860$1,999
13 years$4,314$3,775$3,295$2,870$2,494$1,682
14 years$3,965$3,432$2,961$2,547$2,186$1,421
15 years$3,663$3,135$2,673$2,272$1,925$1,206
16 years$3,398$2,876$2,424$2,034$1,701$1,026
17 years$3,165$2,649$2,206$1,828$1,508$875
18 years$2,958$2,448$2,013$1,647$1,341$748
19 years$2,773$2,269$1,843$1,488$1,196$641
20 years$2,607$2,108$1,692$1,348$1,068$550
21 years$2,457$1,964$1,556$1,223$956$472
22 years$2,320$1,833$1,434$1,112$857$406
23 years$2,196$1,714$1,324$1,013$769$350
24 years$2,082$1,606$1,224$924$691$301
25 years$1,977$1,507$1,134$844$622$260
26 years$1,881$1,417$1,052$772$560$224
27 years$1,792$1,333$977$706$505$193
28 years$1,709$1,256$908$647$456$167
29 years$1,633$1,185$845$593$412$144
30 years$1,561$1,119$787$545$372$125
31 years$1,495$1,058$734$500$336$108
32 years$1,432$1,001$685$460$304$93
33 years$1,374$948$639$423$275$80
34 years$1,319$899$597$389$249$70
35 years$1,267$852$558$358$226$60
36 years$1,218$809$522$330$204$52
37 years$1,172$768$489$304$185$45
38 years$1,129$730$458$280$168$39
39 years$1,088$694$429$258$152$34
40 years$1,049$661$402$238$138$29
41 years$1,012$629$377$220$125$25
42 years$977$599$354$203$114$22
43 years$943$571$332$187$103$19
44 years$911$544$311$173$94$16
45 years$881$519$292$160$85$14
46 years$852$495$275$147$77$12
47 years$825$472$258$136$70$11
48 years$798$451$243$126$64$9
49 years$773$430$228$116$58$8
50 years$749$411$214$108$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $767,000, adding $6,438 every year, while hoping to spend $53,902 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: 70/5/25 Blend
49$767,000$767,000$767,000$767,000
50$851,875$811,224$799,335$905,667
51$881,415$793,622$768,762$924,893
52$912,161$773,352$735,357$939,066
53$944,180$750,225$698,970$953,304
54$977,543$724,042$659,442$967,612
55$1,012,326$694,594$616,608$981,994
56$1,048,612$661,658$570,292$996,459
57$1,086,490$624,998$520,316$1,011,016
58$1,126,054$584,366$466,490$1,025,677
59$1,167,410$539,498$408,616$1,040,457
60$1,210,669$490,117$346,487$1,055,374
61$1,255,952$435,927$279,889$1,070,453
62$1,303,391$376,619$208,597$1,085,718
63$1,353,127$311,864$132,375$1,101,204
64$1,405,315$241,314$50,979$1,116,946
65$1,460,122$164,604$0$1,132,989
66$1,517,732$81,346$0$1,158,958
67$1,578,340$0$0$1,200,473
68$1,642,163$0$0$1,244,552
69$1,709,436$0$0$1,295,747
70$1,780,413$0$0$1,349,777
71$1,855,373$0$0$1,406,857
72$1,934,620$0$0$1,467,220
73$2,018,485$0$0$1,531,121
74$2,107,331$0$0$1,598,839
75$2,201,551$0$0$1,670,678
76$2,301,579$0$0$1,746,971
77$2,407,888$0$0$1,828,080
78$2,520,993$0$0$1,914,405
79$2,641,462$0$0$2,006,380
80$2,769,913$0$0$2,104,483
81$2,907,026$0$0$2,209,237
82$3,053,543$0$0$2,321,213
83$3,210,280$0$0$2,441,040
84$3,378,130$0$0$2,569,405
85$3,558,074$0$0$2,707,065
86$3,751,186$0$0$2,854,846
87$3,958,647$0$0$3,013,658
88$4,181,751$0$0$3,184,500
89$4,421,920$0$0$3,368,465
90$4,680,716$0$0$3,566,758
91$4,959,854$0$0$3,780,701
92$5,261,217$0$0$4,011,745
93$5,586,877$0$0$4,261,485
94$5,939,107$0$0$4,531,677
95$6,320,410$0$0$4,824,247
96$6,733,534$0$0$5,141,314
97$7,181,503$0$0$5,485,210
98$7,667,641$0$0$5,858,497
99$8,195,604$0$0$6,263,994
100$8,769,415$0$0$6,704,801