Can I retire at age 50 with 769,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18%
1 years$63,503$62,938$62,386$61,847$61,321$59,334
2 years$31,437$30,852$30,284$29,734$29,201$27,218
3 years$20,750$20,162$19,596$19,051$18,526$16,609
4 years$15,407$14,821$14,261$13,725$13,213$11,377
5 years$12,203$11,620$11,067$10,542$10,044$8,294
6 years$10,067$9,489$8,944$8,431$7,948$6,284
7 years$8,542$7,969$7,432$6,931$6,464$4,887
8 years$7,399$6,830$6,303$5,815$5,362$3,871
9 years$6,510$5,947$5,429$4,953$4,516$3,109
10 years$5,800$5,242$4,733$4,269$3,848$2,523
11 years$5,219$4,667$4,167$3,716$3,309$2,063
12 years$4,735$4,189$3,698$3,259$2,868$1,699
13 years$4,326$3,785$3,304$2,877$2,501$1,405
14 years$3,975$3,441$2,969$2,554$2,192$1,168
15 years$3,672$3,143$2,680$2,278$1,930$973
16 years$3,407$2,884$2,430$2,040$1,706$813
17 years$3,173$2,656$2,211$1,832$1,512$681
18 years$2,966$2,454$2,019$1,651$1,345$572
19 years$2,780$2,274$1,848$1,492$1,199$481
20 years$2,614$2,114$1,696$1,351$1,071$405
21 years$2,463$1,969$1,560$1,227$958$341
22 years$2,326$1,838$1,438$1,115$859$288
23 years$2,202$1,719$1,327$1,016$771$243
24 years$2,087$1,610$1,228$926$693$205
25 years$1,983$1,511$1,137$846$624$173
26 years$1,886$1,420$1,055$774$562$146
27 years$1,797$1,337$979$708$506$124
28 years$1,714$1,260$910$649$457$105
29 years$1,637$1,188$847$595$413$89
30 years$1,565$1,122$789$546$373$75
31 years$1,498$1,061$736$501$337$64
32 years$1,436$1,004$686$461$305$54
33 years$1,377$951$641$424$276$46
34 years$1,322$901$599$390$250$39
35 years$1,270$855$560$359$226$33
36 years$1,221$811$524$331$205$28
37 years$1,175$770$490$305$186$23
38 years$1,132$732$459$281$168$20
39 years$1,090$696$430$259$153$17
40 years$1,051$662$403$239$139$14
41 years$1,014$630$378$220$126$12
42 years$979$600$355$203$114$10
43 years$946$572$333$188$104$9
44 years$914$545$312$173$94$7
45 years$883$520$293$160$85$6
46 years$854$496$275$148$77$5
47 years$827$473$259$137$70$4
48 years$800$452$243$126$64$4
49 years$775$432$229$117$58$3
50 years$751$412$215$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $769,000, adding $3,597 every year, while hoping to spend $29,180 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: 53/31/16 Blend
49$769,000$769,000$769,000$769,000
50$851,148$810,391$798,472$892,411
51$906,918$819,053$794,173$929,683
52$967,399$827,162$788,753$966,821
53$1,033,039$834,658$782,142$1,006,579
54$1,104,334$841,482$774,269$1,049,215
55$1,181,829$847,567$765,059$1,095,011
56$1,266,120$852,842$754,433$1,144,284
57$1,357,867$857,234$742,310$1,197,378
58$1,457,794$860,663$728,602$1,254,678
59$1,566,699$863,046$713,220$1,316,607
60$1,685,458$864,291$696,069$1,383,632
61$1,815,038$864,305$677,051$1,456,270
62$1,956,502$862,986$656,062$1,535,093
63$2,111,019$860,226$632,994$1,620,732
64$2,279,879$855,912$607,734$1,713,882
65$2,464,498$849,924$580,165$1,815,313
66$2,666,439$842,132$550,162$1,925,876
67$2,887,420$832,401$517,597$2,046,509
68$3,129,335$820,587$482,335$2,178,249
69$3,394,268$806,536$444,234$2,322,241
70$3,684,516$790,089$403,148$2,479,748
71$4,002,605$771,072$358,923$2,652,166
72$4,351,322$749,305$311,397$2,841,035
73$4,733,731$724,596$260,404$3,048,058
74$5,153,212$696,741$205,767$3,275,111
75$5,613,483$665,526$147,305$3,524,268
76$6,118,644$630,722$84,825$3,797,816
77$6,673,207$592,089$18,128$4,098,281
78$7,282,146$549,372$0$4,428,449
79$7,950,937$502,303$0$4,800,454
80$8,685,613$450,598$0$5,212,523
81$9,492,823$393,954$0$5,665,344
82$10,379,888$332,055$0$6,163,089
83$11,354,876$264,565$0$6,710,362
84$12,426,675$191,130$0$7,312,237
85$13,605,075$111,375$0$7,974,311
86$14,900,865$24,905$0$8,702,756
87$16,325,930$0$0$9,504,377
88$17,893,364$0$0$10,410,115
89$19,617,596$0$0$11,415,888
90$21,514,521$0$0$12,522,485
91$23,601,654$0$0$13,740,132
92$25,898,294$0$0$15,080,101
93$28,425,703$0$0$16,554,808
94$31,207,309$0$0$18,177,937
95$34,268,929$0$0$19,964,563
96$37,639,005$0$0$21,931,298
97$41,348,881$0$0$24,096,445
98$45,433,091$0$0$26,480,175
99$49,929,689$0$0$29,104,710
100$54,880,606$0$0$31,994,540