Can I retire at age 50 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$63,751$63,183$62,629$62,088$61,560$60,968
2 years$31,560$30,972$30,403$29,850$29,314$28,718
3 years$20,831$20,241$19,672$19,125$18,598$18,016
4 years$15,468$14,879$14,316$13,779$13,264$12,701
5 years$12,250$11,665$11,110$10,583$10,083$9,540
6 years$10,106$9,526$8,979$8,464$7,979$7,456
7 years$8,575$8,000$7,461$6,958$6,489$5,987
8 years$7,428$6,857$6,328$5,837$5,383$4,903
9 years$6,535$5,970$5,450$4,972$4,533$4,074
10 years$5,822$5,263$4,752$4,286$3,863$3,424
11 years$5,239$4,685$4,183$3,730$3,322$2,904
12 years$4,753$4,205$3,712$3,272$2,879$2,481
13 years$4,343$3,800$3,317$2,888$2,510$2,132
14 years$3,991$3,454$2,980$2,564$2,201$1,841
15 years$3,686$3,155$2,691$2,287$1,938$1,596
16 years$3,420$2,895$2,440$2,047$1,712$1,389
17 years$3,186$2,666$2,220$1,840$1,518$1,212
18 years$2,977$2,464$2,026$1,658$1,350$1,061
19 years$2,791$2,283$1,855$1,498$1,203$930
20 years$2,624$2,122$1,703$1,357$1,075$817
21 years$2,473$1,976$1,566$1,231$962$719
22 years$2,335$1,845$1,443$1,120$862$634
23 years$2,210$1,725$1,333$1,020$774$559
24 years$2,096$1,617$1,232$930$696$494
25 years$1,990$1,517$1,142$849$626$437
26 years$1,893$1,426$1,059$777$564$386
27 years$1,804$1,342$983$711$508$342
28 years$1,721$1,264$914$651$459$303
29 years$1,643$1,193$850$597$414$269
30 years$1,571$1,127$792$548$374$238
31 years$1,504$1,065$739$503$338$212
32 years$1,441$1,008$689$463$306$188
33 years$1,383$954$643$425$277$167
34 years$1,327$904$601$391$251$148
35 years$1,275$858$562$360$227$132
36 years$1,226$814$526$332$206$117
37 years$1,180$773$492$306$187$104
38 years$1,136$735$461$282$169$92
39 years$1,095$699$432$260$153$82
40 years$1,055$665$405$240$139$73
41 years$1,018$633$379$221$126$65
42 years$983$603$356$204$115$58
43 years$949$574$334$188$104$51
44 years$917$547$314$174$94$46
45 years$887$522$294$161$86$41
46 years$858$498$276$148$78$36
47 years$830$475$260$137$71$32
48 years$803$454$244$127$64$29
49 years$778$433$229$117$58$26
50 years$754$414$216$108$53$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $772,000, adding $3,961 every year, while hoping to spend $50,071 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: 35/37/28 Blend
49$772,000$772,000$772,000$772,000
50$854,830$813,914$801,948$877,422
51$888,747$800,520$775,538$881,288
52$924,446$784,793$746,565$880,675
53$962,055$766,563$714,891$879,049
54$1,001,715$745,655$680,370$876,354
55$1,043,578$721,880$642,850$872,532
56$1,087,812$695,041$602,174$867,525
57$1,134,597$664,926$558,176$861,273
58$1,184,134$631,315$510,682$853,718
59$1,236,638$593,972$459,512$844,799
60$1,292,346$552,648$404,478$834,457
61$1,351,519$507,081$345,381$822,632
62$1,414,438$456,993$282,016$809,268
63$1,481,415$402,090$214,167$794,307
64$1,552,789$342,062$141,612$777,694
65$1,628,932$276,581$64,113$759,380
66$1,710,250$205,300$0$739,315
67$1,797,190$127,855$0$723,010
68$1,890,243$43,859$0$725,675
69$1,989,943$0$0$728,184
70$2,096,880$0$0$749,771
71$2,211,699$0$0$792,198
72$2,335,109$0$0$837,881
73$2,467,888$0$0$887,116
74$2,610,891$0$0$940,233
75$2,765,055$0$0$997,590
76$2,931,412$0$0$1,059,584
77$3,111,093$0$0$1,126,648
78$3,305,342$0$0$1,199,261
79$3,515,528$0$0$1,277,948
80$3,743,154$0$0$1,363,287
81$3,989,872$0$0$1,455,912
82$4,257,501$0$0$1,556,522
83$4,548,038$0$0$1,665,886
84$4,863,683$0$0$1,784,850
85$5,206,854$0$0$1,914,342
86$5,580,211$0$0$2,055,386
87$5,986,681$0$0$2,209,109
88$6,429,486$0$0$2,376,751
89$6,912,170$0$0$2,559,674
90$7,438,635$0$0$2,759,382
91$8,013,174$0$0$2,977,526
92$8,640,513$0$0$3,215,926
93$9,325,856$0$0$3,476,587
94$10,074,931$0$0$3,761,712
95$10,894,042$0$0$4,073,731
96$11,790,135$0$0$4,415,319
97$12,770,853$0$0$4,789,420
98$13,844,616$0$0$5,199,277
99$15,020,692$0$0$5,648,461
100$16,309,293$0$0$6,140,906