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%16%
1 years$63,751$63,183$62,629$62,088$61,560$60,048
2 years$31,560$30,972$30,403$29,850$29,314$27,800
3 years$20,831$20,241$19,672$19,125$18,598$17,129
4 years$15,468$14,879$14,316$13,779$13,264$11,852
5 years$12,250$11,665$11,110$10,583$10,083$8,732
6 years$10,106$9,526$8,979$8,464$7,979$6,689
7 years$8,575$8,000$7,461$6,958$6,489$5,261
8 years$7,428$6,857$6,328$5,837$5,383$4,217
9 years$6,535$5,970$5,450$4,972$4,533$3,428
10 years$5,822$5,263$4,752$4,286$3,863$2,816
11 years$5,239$4,685$4,183$3,730$3,322$2,334
12 years$4,753$4,205$3,712$3,272$2,879$1,946
13 years$4,343$3,800$3,317$2,888$2,510$1,632
14 years$3,991$3,454$2,980$2,564$2,201$1,375
15 years$3,686$3,155$2,691$2,287$1,938$1,162
16 years$3,420$2,895$2,440$2,047$1,712$986
17 years$3,186$2,666$2,220$1,840$1,518$838
18 years$2,977$2,464$2,026$1,658$1,350$714
19 years$2,791$2,283$1,855$1,498$1,203$609
20 years$2,624$2,122$1,703$1,357$1,075$520
21 years$2,473$1,976$1,566$1,231$962$445
22 years$2,335$1,845$1,443$1,120$862$381
23 years$2,210$1,725$1,333$1,020$774$327
24 years$2,096$1,617$1,232$930$696$281
25 years$1,990$1,517$1,142$849$626$241
26 years$1,893$1,426$1,059$777$564$207
27 years$1,804$1,342$983$711$508$178
28 years$1,721$1,264$914$651$459$153
29 years$1,643$1,193$850$597$414$132
30 years$1,571$1,127$792$548$374$113
31 years$1,504$1,065$739$503$338$97
32 years$1,441$1,008$689$463$306$84
33 years$1,383$954$643$425$277$72
34 years$1,327$904$601$391$251$62
35 years$1,275$858$562$360$227$54
36 years$1,226$814$526$332$206$46
37 years$1,180$773$492$306$187$40
38 years$1,136$735$461$282$169$34
39 years$1,095$699$432$260$153$30
40 years$1,055$665$405$240$139$25
41 years$1,018$633$379$221$126$22
42 years$983$603$356$204$115$19
43 years$949$574$334$188$104$16
44 years$917$547$314$174$94$14
45 years$887$522$294$161$86$12
46 years$858$498$276$148$78$10
47 years$830$475$260$137$71$9
48 years$803$454$244$127$64$8
49 years$778$433$229$117$58$7
50 years$754$414$216$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $772,000, adding $4,053 every year, while hoping to spend $30,178 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: 73/5/22 Blend
49$772,000$772,000$772,000$772,000
50$854,925$814,009$802,043$912,456
51$910,018$821,786$796,802$959,051
52$969,719$828,933$790,374$1,006,077
53$1,034,466$835,387$782,688$1,056,842
54$1,104,742$841,081$773,668$1,111,714
55$1,181,076$845,943$763,236$1,171,098
56$1,264,050$849,899$751,309$1,235,440
57$1,354,307$852,868$737,801$1,305,232
58$1,452,552$854,764$722,623$1,381,017
59$1,559,561$855,497$705,680$1,463,394
60$1,676,189$854,968$686,873$1,553,021
61$1,803,375$853,077$666,098$1,650,628
62$1,942,156$849,714$643,249$1,757,016
63$2,093,669$844,764$618,211$1,873,070
64$2,259,169$838,103$590,867$1,999,765
65$2,440,037$829,603$561,094$2,138,178
66$2,637,792$819,124$528,761$2,289,495
67$2,854,107$806,522$493,735$2,455,022
68$3,090,825$791,640$455,875$2,636,204
69$3,349,975$774,316$415,032$2,834,629
70$3,633,790$754,376$371,053$3,052,050
71$3,944,731$731,635$323,778$3,290,402
72$4,285,508$705,899$273,039$3,551,815
73$4,659,103$676,962$218,659$3,838,640
74$5,068,805$644,606$160,457$4,153,466
75$5,518,232$608,600$98,241$4,499,151
76$6,011,371$568,701$31,812$4,878,845
77$6,552,614$524,651$0$5,296,019
78$7,146,799$476,177$0$5,763,675
79$7,799,254$422,991$0$6,285,424
80$8,515,849$364,788$0$6,858,499
81$9,303,050$301,248$0$7,488,082
82$10,167,981$232,029$0$8,179,887
83$11,118,490$156,773$0$8,940,208
84$12,163,222$75,101$0$9,775,979
85$13,311,702$0$0$10,694,841
86$14,574,424$0$0$11,705,951
87$15,962,948$0$0$12,822,377
88$17,490,013$0$0$14,050,236
89$19,169,653$0$0$15,400,816
90$21,017,328$0$0$16,886,554
91$23,050,076$0$0$18,521,156
92$25,286,668$0$0$20,319,720
93$27,747,784$0$0$22,298,885
94$30,456,214$0$0$24,476,980
95$33,437,065$0$0$26,874,205
96$36,718,004$0$0$29,512,816
97$40,329,515$0$0$32,417,333
98$44,305,188$0$0$35,614,779
99$48,682,035$0$0$39,134,928
100$53,500,838$0$0$43,010,586