Can I retire at age 50 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$63,586$63,019$62,467$61,928$61,401$59,317
2 years$31,478$30,892$30,324$29,773$29,239$27,160
3 years$20,777$20,188$19,621$19,076$18,550$16,542
4 years$15,427$14,840$14,279$13,743$13,230$11,308
5 years$12,219$11,635$11,081$10,556$10,057$8,226
6 years$10,080$9,501$8,955$8,442$7,958$6,219
7 years$8,553$7,979$7,442$6,940$6,472$4,825
8 years$7,408$6,839$6,311$5,822$5,369$3,814
9 years$6,519$5,955$5,436$4,959$4,522$3,055
10 years$5,807$5,249$4,739$4,275$3,853$2,473
11 years$5,225$4,673$4,172$3,720$3,313$2,017
12 years$4,741$4,194$3,703$3,263$2,871$1,656
13 years$4,331$3,790$3,308$2,881$2,504$1,367
14 years$3,981$3,445$2,972$2,557$2,195$1,132
15 years$3,677$3,147$2,684$2,281$1,933$941
16 years$3,411$2,888$2,433$2,042$1,708$784
17 years$3,177$2,659$2,214$1,835$1,514$655
18 years$2,970$2,457$2,021$1,654$1,347$548
19 years$2,784$2,277$1,850$1,494$1,200$459
20 years$2,617$2,116$1,698$1,353$1,072$386
21 years$2,466$1,971$1,562$1,228$959$324
22 years$2,329$1,840$1,440$1,117$860$272
23 years$2,204$1,721$1,329$1,017$772$229
24 years$2,090$1,612$1,229$928$694$193
25 years$1,985$1,513$1,139$847$624$162
26 years$1,888$1,422$1,056$775$562$137
27 years$1,799$1,338$981$709$507$115
28 years$1,716$1,261$912$650$457$97
29 years$1,639$1,190$848$596$413$82
30 years$1,567$1,124$790$547$373$69
31 years$1,500$1,062$737$502$337$58
32 years$1,438$1,005$687$461$305$49
33 years$1,379$952$642$424$276$42
34 years$1,324$902$600$390$250$35
35 years$1,272$856$561$359$227$30
36 years$1,223$812$524$331$205$25
37 years$1,177$771$491$305$186$21
38 years$1,133$733$460$281$169$18
39 years$1,092$697$431$259$153$15
40 years$1,053$663$404$239$139$13
41 years$1,016$631$378$221$126$11
42 years$980$601$355$204$114$9
43 years$947$573$333$188$104$8
44 years$915$546$313$173$94$6
45 years$884$521$294$160$85$5
46 years$855$497$276$148$78$5
47 years$828$474$259$137$70$4
48 years$801$453$243$126$64$3
49 years$776$432$229$117$58$3
50 years$752$413$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $770,000, adding $2,784 every year, while hoping to spend $40,545 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: 79/11/10 Blend
49$770,000$770,000$770,000$770,000
50$851,412$810,602$798,667$917,043
51$895,116$807,182$782,282$957,113
52$941,920$802,235$763,990$995,519
53$992,095$795,644$743,684$1,036,467
54$1,045,943$787,285$721,251$1,080,192
55$1,103,792$777,025$696,576$1,126,953
56$1,166,003$764,723$669,535$1,177,036
57$1,232,972$750,232$640,002$1,230,756
58$1,305,136$733,394$607,843$1,288,459
59$1,382,972$714,042$572,918$1,350,530
60$1,467,006$692,001$535,081$1,417,390
61$1,557,814$667,083$494,180$1,489,505
62$1,656,033$639,091$450,057$1,567,387
63$1,762,358$607,816$402,543$1,651,603
64$1,877,556$573,038$351,467$1,742,776
65$2,002,471$534,521$296,645$1,841,597
66$2,138,030$492,019$237,890$1,948,822
67$2,285,252$445,271$175,002$2,065,290
68$2,445,259$394,000$107,775$2,191,924
69$2,619,284$337,915$35,994$2,329,742
70$2,808,685$276,706$0$2,479,867
71$3,014,954$210,049$0$2,647,871
72$3,239,737$137,599$0$2,835,167
73$3,484,841$58,992$0$3,039,443
74$3,752,257$0$0$3,262,387
75$4,044,177$0$0$3,509,027
76$4,363,012$0$0$3,786,228
77$4,711,417$0$0$4,089,161
78$5,092,316$0$0$4,420,370
79$5,508,927$0$0$4,782,657
80$5,964,794$0$0$5,179,106
81$6,463,820$0$0$5,613,116
82$7,010,300$0$0$6,088,424
83$7,608,967$0$0$6,609,152
84$8,265,032$0$0$7,179,835
85$8,984,234$0$0$7,805,468
86$9,772,894$0$0$8,491,555
87$10,637,974$0$0$9,244,156
88$11,587,142$0$0$10,069,945
89$12,628,844$0$0$10,976,276
90$13,772,384$0$0$11,971,247
91$15,028,009$0$0$13,063,780
92$16,407,010$0$0$14,263,703
93$17,921,823$0$0$15,581,841
94$19,586,147$0$0$17,030,122
95$21,415,076$0$0$18,621,683
96$23,425,237$0$0$20,371,000
97$25,634,947$0$0$22,294,020
98$28,064,388$0$0$24,408,311
99$30,735,795$0$0$26,733,229
100$33,673,664$0$0$29,290,099