Can I retire at age 50 with 771,000?

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 $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%12.4%
1 years$63,668$63,101$62,548$62,008$61,481$60,864
2 years$31,519$30,932$30,363$29,812$29,276$28,655
3 years$20,804$20,214$19,647$19,101$18,574$17,968
4 years$15,447$14,860$14,298$13,761$13,247$12,660
5 years$12,234$11,650$11,096$10,570$10,070$9,505
6 years$10,093$9,513$8,967$8,453$7,968$7,425
7 years$8,564$7,989$7,452$6,949$6,480$5,959
8 years$7,418$6,848$6,320$5,830$5,376$4,877
9 years$6,527$5,963$5,443$4,966$4,527$4,050
10 years$5,815$5,256$4,745$4,280$3,858$3,402
11 years$5,232$4,679$4,178$3,725$3,318$2,883
12 years$4,747$4,200$3,708$3,268$2,875$2,461
13 years$4,337$3,795$3,313$2,885$2,507$2,114
14 years$3,986$3,450$2,976$2,561$2,198$1,824
15 years$3,682$3,151$2,687$2,284$1,935$1,581
16 years$3,416$2,891$2,436$2,045$1,710$1,375
17 years$3,182$2,663$2,217$1,837$1,516$1,199
18 years$2,973$2,461$2,024$1,656$1,348$1,048
19 years$2,788$2,280$1,853$1,496$1,202$919
20 years$2,620$2,119$1,700$1,355$1,073$806
21 years$2,469$1,974$1,564$1,230$961$709
22 years$2,332$1,842$1,441$1,118$861$624
23 years$2,207$1,723$1,331$1,018$773$550
24 years$2,093$1,615$1,231$929$695$486
25 years$1,988$1,515$1,140$848$625$429
26 years$1,891$1,424$1,057$776$563$379
27 years$1,801$1,340$982$710$508$336
28 years$1,718$1,263$913$650$458$297
29 years$1,641$1,191$849$596$414$263
30 years$1,569$1,125$791$547$374$233
31 years$1,502$1,064$738$503$338$207
32 years$1,440$1,006$688$462$306$184
33 years$1,381$953$643$425$277$163
34 years$1,325$903$600$391$250$145
35 years$1,274$857$561$360$227$128
36 years$1,225$813$525$331$206$114
37 years$1,178$772$491$305$186$101
38 years$1,135$734$460$281$169$90
39 years$1,093$698$431$260$153$80
40 years$1,054$664$404$239$139$71
41 years$1,017$632$379$221$126$63
42 years$982$602$355$204$114$56
43 years$948$574$334$188$104$50
44 years$916$547$313$174$94$44
45 years$886$521$294$160$86$39
46 years$857$497$276$148$78$35
47 years$829$475$259$137$71$31
48 years$802$453$244$127$64$28
49 years$777$433$229$117$58$25
50 years$753$413$215$108$53$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $771,000, adding $3,269 every year, while hoping to spend $25,289 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: 42/42/16 Blend
49$771,000$771,000$771,000$771,000
50$853,014$812,151$800,200$884,716
51$913,114$825,039$800,100$920,277
52$978,497$837,711$799,148$956,022
53$1,049,674$850,130$797,291$994,191
54$1,127,210$862,255$794,469$1,035,015
55$1,211,724$874,044$790,622$1,078,753
56$1,303,900$885,452$785,688$1,125,692
57$1,404,487$896,429$779,598$1,176,145
58$1,514,313$906,922$772,283$1,230,461
59$1,634,289$916,877$763,670$1,289,024
60$1,765,415$926,233$753,682$1,352,260
61$1,908,796$934,927$742,239$1,420,638
62$2,065,647$942,892$729,257$1,494,676
63$2,237,303$950,054$714,648$1,574,948
64$2,425,239$956,338$698,320$1,662,085
65$2,631,076$961,661$680,176$1,756,787
66$2,856,600$965,937$660,116$1,859,825
67$3,103,778$969,072$638,034$1,972,051
68$3,374,776$970,969$613,821$2,094,408
69$3,671,979$971,523$587,360$2,227,932
70$3,998,016$970,622$558,532$2,373,774
71$4,355,781$968,150$527,210$2,533,198
72$4,748,462$963,981$493,263$2,707,604
73$5,179,570$957,981$456,552$2,898,537
74$5,652,975$950,011$416,936$3,107,700
75$6,172,938$939,920$374,262$3,336,976
76$6,744,152$927,551$328,374$3,588,442
77$7,371,790$912,735$279,109$3,864,391
78$8,061,548$895,295$226,295$4,167,352
79$8,819,704$875,043$169,754$4,500,119
80$9,653,171$851,778$109,299$4,865,773
81$10,569,569$825,289$44,734$5,267,715
82$11,577,291$795,354$0$5,709,699
83$12,685,583$761,735$0$6,199,989
84$13,904,634$724,181$0$6,747,449
85$15,245,670$682,430$0$7,349,511
86$16,721,059$636,199$0$8,011,777
87$18,344,428$585,193$0$8,740,423
88$20,130,791$529,100$0$9,542,259
89$22,096,694$467,588$0$10,424,799
90$24,260,364$400,307$0$11,396,323
91$26,641,888$326,888$0$12,465,967
92$29,263,397$246,942$0$13,643,800
93$32,149,276$160,055$0$14,940,928
94$35,326,397$65,793$0$16,369,595
95$38,824,368$0$0$17,943,304
96$42,675,815$0$0$19,693,718
97$46,916,687$0$0$21,654,725
98$51,586,598$0$0$23,814,250
99$56,729,199$0$0$26,192,496
100$62,392,589$0$0$28,811,722