Can I retire at age 50 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$63,503$62,938$62,386$61,847$61,321$60,757
2 years$31,437$30,852$30,284$29,734$29,201$28,632
3 years$20,750$20,162$19,596$19,051$18,526$17,971
4 years$15,407$14,821$14,261$13,725$13,213$12,675
5 years$12,203$11,620$11,067$10,542$10,044$9,526
6 years$10,067$9,489$8,944$8,431$7,948$7,449
7 years$8,542$7,969$7,432$6,931$6,464$5,985
8 years$7,399$6,830$6,303$5,815$5,362$4,904
9 years$6,510$5,947$5,429$4,953$4,516$4,077
10 years$5,800$5,242$4,733$4,269$3,848$3,429
11 years$5,219$4,667$4,167$3,716$3,309$2,910
12 years$4,735$4,189$3,698$3,259$2,868$2,487
13 years$4,326$3,785$3,304$2,877$2,501$2,139
14 years$3,975$3,441$2,969$2,554$2,192$1,848
15 years$3,672$3,143$2,680$2,278$1,930$1,604
16 years$3,407$2,884$2,430$2,040$1,706$1,396
17 years$3,173$2,656$2,211$1,832$1,512$1,220
18 years$2,966$2,454$2,019$1,651$1,345$1,068
19 years$2,780$2,274$1,848$1,492$1,199$937
20 years$2,614$2,114$1,696$1,351$1,071$824
21 years$2,463$1,969$1,560$1,227$958$726
22 years$2,326$1,838$1,438$1,115$859$640
23 years$2,202$1,719$1,327$1,016$771$565
24 years$2,087$1,610$1,228$926$693$499
25 years$1,983$1,511$1,137$846$624$442
26 years$1,886$1,420$1,055$774$562$391
27 years$1,797$1,337$979$708$506$347
28 years$1,714$1,260$910$649$457$307
29 years$1,637$1,188$847$595$413$273
30 years$1,565$1,122$789$546$373$242
31 years$1,498$1,061$736$501$337$215
32 years$1,436$1,004$686$461$305$191
33 years$1,377$951$641$424$276$170
34 years$1,322$901$599$390$250$151
35 years$1,270$855$560$359$226$134
36 years$1,221$811$524$331$205$119
37 years$1,175$770$490$305$186$106
38 years$1,132$732$459$281$168$95
39 years$1,090$696$430$259$153$84
40 years$1,051$662$403$239$139$75
41 years$1,014$630$378$220$126$67
42 years$979$600$355$203$114$59
43 years$946$572$333$188$104$53
44 years$914$545$312$173$94$47
45 years$883$520$293$160$85$42
46 years$854$496$275$148$77$37
47 years$827$473$259$137$70$33
48 years$800$452$243$126$64$30
49 years$775$432$229$117$58$26
50 years$751$412$215$108$53$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $769,000, adding $4,830 every year, while hoping to spend $40,778 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: 62/29/9 Blend
49$769,000$769,000$769,000$769,000
50$852,420$811,663$799,744$903,311
51$895,980$808,047$783,148$934,321
52$942,615$802,887$764,629$963,002
53$992,598$796,065$744,080$993,279
54$1,046,225$787,454$721,389$1,025,306
55$1,103,822$776,921$696,437$1,059,254
56$1,165,746$764,325$669,102$1,095,313
57$1,232,391$749,516$639,256$1,133,695
58$1,304,188$732,334$606,764$1,174,632
59$1,381,609$712,613$571,485$1,218,386
60$1,465,176$690,174$533,272$1,265,242
61$1,555,460$664,829$491,973$1,315,522
62$1,653,090$636,378$447,427$1,369,578
63$1,758,755$604,610$399,465$1,427,802
64$1,873,215$569,303$347,915$1,490,629
65$1,997,305$530,221$292,592$1,558,542
66$2,131,942$487,114$233,305$1,632,073
67$2,278,136$439,718$169,857$1,711,814
68$2,436,996$387,755$102,038$1,798,418
69$2,609,745$330,931$29,631$1,892,612
70$2,797,726$268,933$0$1,995,198
71$3,002,418$201,434$0$2,111,637
72$3,225,446$128,086$0$2,241,674
73$3,468,602$48,523$0$2,383,571
74$3,733,856$0$0$2,538,557
75$4,023,376$0$0$2,720,001
76$4,339,551$0$0$2,935,113
77$4,685,008$0$0$3,170,203
78$5,062,641$0$0$3,427,247
79$5,475,634$0$0$3,708,421
80$5,927,496$0$0$4,016,119
81$6,422,088$0$0$4,352,980
82$6,963,664$0$0$4,721,908
83$7,556,905$0$0$5,126,102
84$8,206,970$0$0$5,569,085
85$8,919,538$0$0$6,054,735
86$9,700,866$0$0$6,587,327
87$10,557,841$0$0$7,171,565
88$11,498,055$0$0$7,812,634
89$12,529,864$0$0$8,516,243
90$13,662,476$0$0$9,288,683
91$14,906,034$0$0$10,136,880
92$16,271,710$0$0$11,068,468
93$17,771,810$0$0$12,091,852
94$19,419,892$0$0$13,216,295
95$21,230,893$0$0$14,452,000
96$23,221,266$0$0$15,810,208
97$25,409,138$0$0$17,303,302
98$27,814,482$0$0$18,944,927
99$30,459,300$0$0$20,750,112
100$33,367,833$0$0$22,735,420