Can I retire at age 50 with 771,000?

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 $771,000?

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$63,668$63,101$62,548$62,008$61,481$60,915
2 years$31,519$30,932$30,363$29,812$29,276$28,706
3 years$20,804$20,214$19,647$19,101$18,574$18,017
4 years$15,447$14,860$14,298$13,761$13,247$12,708
5 years$12,234$11,650$11,096$10,570$10,070$9,551
6 years$10,093$9,513$8,967$8,453$7,968$7,468
7 years$8,564$7,989$7,452$6,949$6,480$6,001
8 years$7,418$6,848$6,320$5,830$5,376$4,917
9 years$6,527$5,963$5,443$4,966$4,527$4,088
10 years$5,815$5,256$4,745$4,280$3,858$3,438
11 years$5,232$4,679$4,178$3,725$3,318$2,917
12 years$4,747$4,200$3,708$3,268$2,875$2,494
13 years$4,337$3,795$3,313$2,885$2,507$2,144
14 years$3,986$3,450$2,976$2,561$2,198$1,853
15 years$3,682$3,151$2,687$2,284$1,935$1,608
16 years$3,416$2,891$2,436$2,045$1,710$1,400
17 years$3,182$2,663$2,217$1,837$1,516$1,223
18 years$2,973$2,461$2,024$1,656$1,348$1,071
19 years$2,788$2,280$1,853$1,496$1,202$940
20 years$2,620$2,119$1,700$1,355$1,073$826
21 years$2,469$1,974$1,564$1,230$961$727
22 years$2,332$1,842$1,441$1,118$861$642
23 years$2,207$1,723$1,331$1,018$773$566
24 years$2,093$1,615$1,231$929$695$501
25 years$1,988$1,515$1,140$848$625$443
26 years$1,891$1,424$1,057$776$563$392
27 years$1,801$1,340$982$710$508$348
28 years$1,718$1,263$913$650$458$308
29 years$1,641$1,191$849$596$414$274
30 years$1,569$1,125$791$547$374$243
31 years$1,502$1,064$738$503$338$216
32 years$1,440$1,006$688$462$306$192
33 years$1,381$953$643$425$277$170
34 years$1,325$903$600$391$250$151
35 years$1,274$857$561$360$227$135
36 years$1,225$813$525$331$206$120
37 years$1,178$772$491$305$186$107
38 years$1,135$734$460$281$169$95
39 years$1,093$698$431$260$153$84
40 years$1,054$664$404$239$139$75
41 years$1,017$632$379$221$126$67
42 years$982$602$355$204$114$60
43 years$948$574$334$188$104$53
44 years$916$547$313$174$94$47
45 years$886$521$294$160$86$42
46 years$857$497$276$148$78$37
47 years$829$475$259$137$71$33
48 years$802$453$244$127$64$30
49 years$777$433$229$117$58$26
50 years$753$413$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 $771,000, adding $6,626 every year, while hoping to spend $30,192 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: 58/22/20 Blend
49$771,000$771,000$771,000$771,000
50$856,477$815,614$803,663$901,246
51$911,713$823,455$798,462$940,272
52$971,572$830,668$792,074$978,953
53$1,036,493$837,191$784,429$1,020,453
54$1,106,959$842,957$775,451$1,065,049
55$1,183,501$847,895$765,062$1,113,049
56$1,266,706$851,929$753,179$1,164,793
57$1,357,216$854,980$739,716$1,220,655
58$1,455,739$856,961$724,583$1,281,050
59$1,563,054$857,781$707,687$1,346,434
60$1,680,018$857,345$688,927$1,417,314
61$1,807,575$855,550$668,201$1,494,248
62$1,946,763$852,288$645,401$1,577,851
63$2,098,725$847,442$620,414$1,668,805
64$2,264,718$840,890$593,122$1,767,861
65$2,446,129$832,503$563,401$1,875,848
66$2,644,481$822,143$531,122$1,993,684
67$2,861,454$809,664$496,150$2,122,380
68$3,098,897$794,911$458,345$2,263,052
69$3,358,844$777,721$417,559$2,416,933
70$3,643,537$757,921$373,639$2,585,385
71$3,955,444$735,326$326,422$2,769,910
72$4,297,285$709,742$275,743$2,972,165
73$4,672,052$680,964$221,425$3,193,981
74$5,083,044$648,774$163,285$3,437,378
75$5,533,892$612,941$101,132$3,704,584
76$6,028,596$573,222$34,768$3,998,058
77$6,571,563$529,360$0$4,320,516
78$7,167,646$481,083$0$4,682,645
79$7,822,192$428,101$0$5,088,473
80$8,541,090$370,113$0$5,534,267
81$9,330,828$306,795$0$6,024,101
82$10,198,554$237,809$0$6,562,462
83$11,152,141$162,797$0$7,154,301
84$12,200,264$81,378$0$7,805,074
85$13,352,480$0$0$8,520,798
86$14,619,317$0$0$9,309,761
87$16,012,375$0$0$10,199,067
88$17,544,434$0$0$11,177,183
89$19,229,576$0$0$12,253,107
90$21,083,314$0$0$13,436,756
91$23,122,741$0$0$14,739,052
92$25,366,691$0$0$16,172,033
93$27,835,915$0$0$17,748,960
94$30,553,278$0$0$19,484,446
95$33,543,971$0$0$21,394,592
96$36,835,755$0$0$23,497,139
97$40,459,214$0$0$25,811,635
98$44,448,052$0$0$28,359,621
99$48,839,405$0$0$31,164,829
100$53,674,192$0$0$34,253,413