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%18.7%
1 years$63,751$63,183$62,629$62,088$61,560$59,400
2 years$31,560$30,972$30,403$29,850$29,314$27,160
3 years$20,831$20,241$19,672$19,125$18,598$16,518
4 years$15,468$14,879$14,316$13,779$13,264$11,275
5 years$12,250$11,665$11,110$10,583$10,083$8,189
6 years$10,106$9,526$8,979$8,464$7,979$6,181
7 years$8,575$8,000$7,461$6,958$6,489$4,788
8 years$7,428$6,857$6,328$5,837$5,383$3,777
9 years$6,535$5,970$5,450$4,972$4,533$3,020
10 years$5,822$5,263$4,752$4,286$3,863$2,440
11 years$5,239$4,685$4,183$3,730$3,322$1,987
12 years$4,753$4,205$3,712$3,272$2,879$1,628
13 years$4,343$3,800$3,317$2,888$2,510$1,340
14 years$3,991$3,454$2,980$2,564$2,201$1,108
15 years$3,686$3,155$2,691$2,287$1,938$919
16 years$3,420$2,895$2,440$2,047$1,712$764
17 years$3,186$2,666$2,220$1,840$1,518$637
18 years$2,977$2,464$2,026$1,658$1,350$532
19 years$2,791$2,283$1,855$1,498$1,203$445
20 years$2,624$2,122$1,703$1,357$1,075$372
21 years$2,473$1,976$1,566$1,231$962$312
22 years$2,335$1,845$1,443$1,120$862$262
23 years$2,210$1,725$1,333$1,020$774$220
24 years$2,096$1,617$1,232$930$696$184
25 years$1,990$1,517$1,142$849$626$155
26 years$1,893$1,426$1,059$777$564$130
27 years$1,804$1,342$983$711$508$110
28 years$1,721$1,264$914$651$459$92
29 years$1,643$1,193$850$597$414$78
30 years$1,571$1,127$792$548$374$65
31 years$1,504$1,065$739$503$338$55
32 years$1,441$1,008$689$463$306$46
33 years$1,383$954$643$425$277$39
34 years$1,327$904$601$391$251$33
35 years$1,275$858$562$360$227$28
36 years$1,226$814$526$332$206$23
37 years$1,180$773$492$306$187$20
38 years$1,136$735$461$282$169$16
39 years$1,095$699$432$260$153$14
40 years$1,055$665$405$240$139$12
41 years$1,018$633$379$221$126$10
42 years$983$603$356$204$115$8
43 years$949$574$334$188$104$7
44 years$917$547$314$174$94$6
45 years$887$522$294$161$86$5
46 years$858$498$276$148$78$4
47 years$830$475$260$137$71$4
48 years$803$454$244$127$64$3
49 years$778$433$229$117$58$2
50 years$754$414$216$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $772,000, adding $4,174 every year, while hoping to spend $36,958 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: 29/48/23 Blend
49$772,000$772,000$772,000$772,000
50$855,049$814,133$802,167$873,607
51$902,942$814,703$789,717$888,892
52$954,480$814,062$775,611$901,762
53$1,009,997$812,111$759,754$914,831
54$1,069,860$808,747$742,049$928,139
55$1,134,469$803,859$722,391$941,735
56$1,204,265$797,329$700,672$955,676
57$1,279,735$789,033$676,779$970,025
58$1,361,410$778,838$650,593$984,860
59$1,449,878$766,605$621,992$1,000,268
60$1,545,781$752,184$590,844$1,016,348
61$1,649,829$735,420$557,016$1,033,217
62$1,762,801$716,145$520,365$1,051,006
63$1,885,554$694,183$480,745$1,069,865
64$2,019,031$669,348$438,000$1,089,965
65$2,164,268$641,442$391,969$1,111,500
66$2,322,407$610,257$342,484$1,134,689
67$2,494,704$575,571$289,369$1,159,781
68$2,682,541$537,151$232,439$1,187,056
69$2,887,439$494,749$171,505$1,216,830
70$3,111,071$448,106$106,364$1,249,460
71$3,355,281$396,944$36,808$1,285,345
72$3,622,098$340,972$0$1,324,936
73$3,913,753$279,881$0$1,377,920
74$4,232,707$213,346$0$1,445,917
75$4,581,667$141,023$0$1,520,574
76$4,963,612$62,549$0$1,602,662
77$5,381,827$0$0$1,693,035
78$5,839,925$0$0$1,804,508
79$6,341,888$0$0$1,962,978
80$6,892,098$0$0$2,136,806
81$7,495,386$0$0$2,327,533
82$8,157,068$0$0$2,536,856
83$8,883,002$0$0$2,766,646
84$9,679,639$0$0$3,018,961
85$10,554,086$0$0$3,296,072
86$11,514,172$0$0$3,600,477
87$12,568,518$0$0$3,934,929
88$13,726,625$0$0$4,302,463
89$14,998,956$0$0$4,706,419
90$16,397,040$0$0$5,150,480
91$17,933,577$0$0$5,638,702
92$19,622,558$0$0$6,175,552
93$21,479,396$0$0$6,765,955
94$23,521,076$0$0$7,415,334
95$25,766,306$0$0$8,129,666
96$28,235,702$0$0$8,915,537
97$30,951,974$0$0$9,780,200
98$33,940,148$0$0$10,731,651
99$37,227,794$0$0$11,778,696
100$40,845,291$0$0$12,931,041