Can I retire at age 50 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$63,834$63,265$62,710$62,169$61,640$59,524
2 years$31,601$31,012$30,442$29,889$29,352$27,242
3 years$20,858$20,267$19,698$19,150$18,622$16,584
4 years$15,488$14,898$14,335$13,797$13,282$11,331
5 years$12,266$11,680$11,125$10,597$10,096$8,239
6 years$10,119$9,538$8,990$8,475$7,989$6,225
7 years$8,586$8,010$7,471$6,967$6,497$4,827
8 years$7,437$6,866$6,336$5,845$5,390$3,813
9 years$6,544$5,978$5,457$4,978$4,539$3,053
10 years$5,830$5,269$4,758$4,291$3,868$2,469
11 years$5,246$4,691$4,189$3,735$3,326$2,013
12 years$4,759$4,210$3,717$3,276$2,882$1,652
13 years$4,348$3,805$3,321$2,892$2,514$1,362
14 years$3,996$3,459$2,984$2,567$2,203$1,128
15 years$3,691$3,160$2,694$2,290$1,940$937
16 years$3,425$2,899$2,443$2,050$1,715$780
17 years$3,190$2,670$2,223$1,842$1,520$651
18 years$2,981$2,467$2,029$1,660$1,352$544
19 years$2,795$2,286$1,858$1,500$1,205$456
20 years$2,627$2,125$1,705$1,359$1,076$382
21 years$2,476$1,979$1,568$1,233$963$321
22 years$2,338$1,847$1,445$1,121$863$270
23 years$2,213$1,728$1,334$1,021$775$227
24 years$2,098$1,619$1,234$931$697$191
25 years$1,993$1,519$1,143$850$627$160
26 years$1,896$1,428$1,060$778$565$135
27 years$1,806$1,344$984$712$509$114
28 years$1,723$1,266$915$652$459$96
29 years$1,646$1,194$852$598$415$81
30 years$1,573$1,128$793$549$375$68
31 years$1,506$1,066$739$504$339$57
32 years$1,443$1,009$690$463$306$48
33 years$1,384$956$644$426$277$41
34 years$1,329$906$602$392$251$34
35 years$1,277$859$563$361$227$29
36 years$1,228$815$526$332$206$24
37 years$1,181$774$493$306$187$21
38 years$1,138$736$461$282$169$17
39 years$1,096$700$432$260$154$15
40 years$1,057$666$405$240$139$12
41 years$1,020$634$380$221$126$10
42 years$984$604$356$204$115$9
43 years$950$575$334$189$104$7
44 years$918$548$314$174$94$6
45 years$888$523$295$161$86$5
46 years$859$499$277$149$78$4
47 years$831$476$260$137$71$4
48 years$804$454$244$127$64$3
49 years$779$434$230$117$58$3
50 years$755$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 $773,000, adding $6,773 every year, while hoping to spend $38,924 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: 67/11/22 Blend
49$773,000$773,000$773,000$773,000
50$858,832$817,863$805,882$911,150
51$905,018$816,524$791,464$945,744
52$954,611$813,814$775,259$978,469
53$1,007,916$809,626$757,165$1,013,338
54$1,065,270$803,844$737,077$1,050,563
55$1,127,043$796,348$714,884$1,090,377
56$1,193,640$787,007$690,471$1,133,039
57$1,265,506$775,685$663,716$1,178,835
58$1,343,131$762,238$634,494$1,228,080
59$1,427,053$746,510$602,672$1,281,124
60$1,517,863$728,339$568,113$1,338,354
61$1,616,211$707,554$530,670$1,400,197
62$1,722,812$683,971$490,195$1,467,124
63$1,838,451$657,398$446,529$1,539,659
64$1,963,992$627,630$399,507$1,618,379
65$2,100,386$594,451$348,957$1,703,920
66$2,248,679$557,632$294,700$1,796,989
67$2,410,020$516,932$236,549$1,898,363
68$2,585,675$472,094$174,306$2,008,904
69$2,777,036$422,850$107,768$2,129,562
70$2,985,637$368,912$36,721$2,261,388
71$3,213,163$309,980$0$2,405,540
72$3,461,471$245,734$0$2,572,479
73$3,732,604$175,839$0$2,764,236
74$4,028,812$99,937$0$2,973,802
75$4,352,570$17,654$0$3,202,962
76$4,706,606$0$0$3,453,682
77$5,093,921$0$0$3,736,774
78$5,517,820$0$0$4,048,992
79$5,981,943$0$0$4,390,883
80$6,490,298$0$0$4,765,408
81$7,047,297$0$0$5,175,825
82$7,657,803$0$0$5,625,720
83$8,327,169$0$0$6,119,047
84$9,061,290$0$0$6,660,157
85$9,866,662$0$0$7,253,845
86$10,750,436$0$0$7,905,391
87$11,720,493$0$0$8,620,612
88$12,785,511$0$0$9,405,915
89$13,955,051$0$0$10,268,358
90$15,239,645$0$0$11,215,716
91$16,650,895$0$0$12,256,553
92$18,201,581$0$0$13,400,307
93$19,905,785$0$0$14,657,372
94$21,779,019$0$0$16,039,199
95$23,838,371$0$0$17,558,406
96$26,102,672$0$0$19,228,893
97$28,592,663$0$0$21,065,976
98$31,331,201$0$0$23,086,526
99$34,343,466$0$0$25,309,135
100$37,657,200$0$0$27,754,285