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%11.7%
1 years$63,503$62,938$62,386$61,847$61,321$60,884
2 years$31,437$30,852$30,284$29,734$29,201$28,759
3 years$20,750$20,162$19,596$19,051$18,526$18,095
4 years$15,407$14,821$14,261$13,725$13,213$12,795
5 years$12,203$11,620$11,067$10,542$10,044$9,641
6 years$10,067$9,489$8,944$8,431$7,948$7,559
7 years$8,542$7,969$7,432$6,931$6,464$6,091
8 years$7,399$6,830$6,303$5,815$5,362$5,004
9 years$6,510$5,947$5,429$4,953$4,516$4,173
10 years$5,800$5,242$4,733$4,269$3,848$3,520
11 years$5,219$4,667$4,167$3,716$3,309$2,996
12 years$4,735$4,189$3,698$3,259$2,868$2,569
13 years$4,326$3,785$3,304$2,877$2,501$2,216
14 years$3,975$3,441$2,969$2,554$2,192$1,922
15 years$3,672$3,143$2,680$2,278$1,930$1,673
16 years$3,407$2,884$2,430$2,040$1,706$1,462
17 years$3,173$2,656$2,211$1,832$1,512$1,281
18 years$2,966$2,454$2,019$1,651$1,345$1,126
19 years$2,780$2,274$1,848$1,492$1,199$991
20 years$2,614$2,114$1,696$1,351$1,071$875
21 years$2,463$1,969$1,560$1,227$958$773
22 years$2,326$1,838$1,438$1,115$859$684
23 years$2,202$1,719$1,327$1,016$771$607
24 years$2,087$1,610$1,228$926$693$538
25 years$1,983$1,511$1,137$846$624$478
26 years$1,886$1,420$1,055$774$562$425
27 years$1,797$1,337$979$708$506$378
28 years$1,714$1,260$910$649$457$337
29 years$1,637$1,188$847$595$413$300
30 years$1,565$1,122$789$546$373$267
31 years$1,498$1,061$736$501$337$238
32 years$1,436$1,004$686$461$305$213
33 years$1,377$951$641$424$276$190
34 years$1,322$901$599$390$250$169
35 years$1,270$855$560$359$226$151
36 years$1,221$811$524$331$205$135
37 years$1,175$770$490$305$186$121
38 years$1,132$732$459$281$168$108
39 years$1,090$696$430$259$153$96
40 years$1,051$662$403$239$139$86
41 years$1,014$630$378$220$126$77
42 years$979$600$355$203$114$69
43 years$946$572$333$188$104$62
44 years$914$545$312$173$94$55
45 years$883$520$293$160$85$49
46 years$854$496$275$148$77$44
47 years$827$473$259$137$70$39
48 years$800$452$243$126$64$35
49 years$775$432$229$117$58$32
50 years$751$412$215$108$53$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $769,000, adding $6,598 every year, while hoping to spend $26,842 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: 65/12/23 Blend
49$769,000$769,000$769,000$769,000
50$854,244$813,487$801,567$904,289
51$912,817$824,788$799,860$950,087
52$976,465$835,743$797,196$996,496
53$1,045,677$846,307$793,515$1,046,602
54$1,120,992$856,432$788,753$1,100,769
55$1,203,001$866,065$782,845$1,159,399
56$1,292,357$875,152$775,720$1,222,936
57$1,389,777$883,634$767,305$1,291,869
58$1,496,049$891,448$757,526$1,366,738
59$1,612,044$898,526$746,301$1,448,137
60$1,738,718$904,799$733,547$1,536,723
61$1,877,122$910,190$719,176$1,633,220
62$2,028,418$914,618$703,097$1,738,426
63$2,193,879$917,997$685,214$1,853,222
64$2,374,913$920,237$665,427$1,978,580
65$2,573,066$921,241$643,631$2,115,569
66$2,790,042$920,905$619,715$2,265,373
67$3,027,717$919,119$593,566$2,429,293
68$3,288,157$915,769$565,064$2,608,768
69$3,573,637$910,730$534,082$2,805,380
70$3,886,665$903,873$500,490$3,020,879
71$4,229,999$895,057$464,151$3,257,192
72$4,606,681$884,137$424,922$3,516,443
73$5,020,059$870,956$382,653$3,800,976
74$5,473,821$855,349$337,189$4,113,377
75$5,972,032$837,142$288,365$4,456,494
76$6,519,166$816,148$236,012$4,833,470
77$7,120,154$792,173$179,952$5,247,771
78$7,780,428$765,008$119,999$5,703,215
79$8,505,972$734,433$55,959$6,204,017
80$9,303,377$700,217$0$6,754,820
81$10,179,906$662,112$0$7,363,785
82$11,143,560$619,859$0$8,048,372
83$12,203,154$573,183$0$8,801,112
84$13,368,400$521,793$0$9,628,925
85$14,649,997$465,381$0$10,539,437
86$16,059,734$403,622$0$11,541,050
87$17,610,601$336,174$0$12,643,025
88$19,316,909$262,673$0$13,855,567
89$21,194,426$182,736$0$15,189,923
90$23,260,526$95,959$0$16,658,486
91$25,534,353$1,914$0$18,274,914
92$28,037,000$0$0$20,054,259
93$30,791,708$0$0$22,026,293
94$33,824,087$0$0$24,197,447
95$37,162,354$0$0$26,587,680
96$40,837,604$0$0$29,219,262
97$44,884,097$0$0$32,116,735
98$49,339,585$0$0$35,307,138
99$54,245,669$0$0$38,820,269
100$59,648,186$0$0$42,688,962