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%19.2%
1 years$63,834$63,265$62,710$62,169$61,640$59,359
2 years$31,601$31,012$30,442$29,889$29,352$27,080
3 years$20,858$20,267$19,698$19,150$18,622$16,430
4 years$15,488$14,898$14,335$13,797$13,282$11,186
5 years$12,266$11,680$11,125$10,597$10,096$8,103
6 years$10,119$9,538$8,990$8,475$7,989$6,099
7 years$8,586$8,010$7,471$6,967$6,497$4,711
8 years$7,437$6,866$6,336$5,845$5,390$3,705
9 years$6,544$5,978$5,457$4,978$4,539$2,954
10 years$5,830$5,269$4,758$4,291$3,868$2,379
11 years$5,246$4,691$4,189$3,735$3,326$1,931
12 years$4,759$4,210$3,717$3,276$2,882$1,577
13 years$4,348$3,805$3,321$2,892$2,514$1,294
14 years$3,996$3,459$2,984$2,567$2,203$1,066
15 years$3,691$3,160$2,694$2,290$1,940$881
16 years$3,425$2,899$2,443$2,050$1,715$730
17 years$3,190$2,670$2,223$1,842$1,520$606
18 years$2,981$2,467$2,029$1,660$1,352$504
19 years$2,795$2,286$1,858$1,500$1,205$420
20 years$2,627$2,125$1,705$1,359$1,076$350
21 years$2,476$1,979$1,568$1,233$963$292
22 years$2,338$1,847$1,445$1,121$863$244
23 years$2,213$1,728$1,334$1,021$775$204
24 years$2,098$1,619$1,234$931$697$171
25 years$1,993$1,519$1,143$850$627$143
26 years$1,896$1,428$1,060$778$565$120
27 years$1,806$1,344$984$712$509$100
28 years$1,723$1,266$915$652$459$84
29 years$1,646$1,194$852$598$415$70
30 years$1,573$1,128$793$549$375$59
31 years$1,506$1,066$739$504$339$49
32 years$1,443$1,009$690$463$306$41
33 years$1,384$956$644$426$277$35
34 years$1,329$906$602$392$251$29
35 years$1,277$859$563$361$227$24
36 years$1,228$815$526$332$206$20
37 years$1,181$774$493$306$187$17
38 years$1,138$736$461$282$169$14
39 years$1,096$700$432$260$154$12
40 years$1,057$666$405$240$139$10
41 years$1,020$634$380$221$126$9
42 years$984$604$356$204$115$7
43 years$950$575$334$189$104$6
44 years$918$548$314$174$94$5
45 years$888$523$295$161$86$4
46 years$859$499$277$149$78$4
47 years$831$476$260$137$71$3
48 years$804$454$244$127$64$2
49 years$779$434$230$117$58$2
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 $5,261 every year, while hoping to spend $32,768 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: 41/36/23 Blend
49$773,000$773,000$773,000$773,000
50$857,273$816,304$804,322$886,429
51$909,850$821,438$796,402$912,946
52$966,691$825,725$787,118$938,115
53$1,028,198$829,090$776,391$964,701
54$1,094,809$831,450$764,136$992,855
55$1,167,010$832,722$750,264$1,022,740
56$1,245,332$832,812$734,685$1,054,542
57$1,330,360$831,624$717,301$1,088,465
58$1,422,738$829,055$698,012$1,124,737
59$1,523,175$824,996$676,713$1,163,611
60$1,632,448$819,330$653,292$1,205,371
61$1,751,415$811,935$627,635$1,250,329
62$1,881,020$802,680$599,621$1,298,833
63$2,022,299$791,427$569,124$1,351,271
64$2,176,396$778,028$536,011$1,408,071
65$2,344,566$762,330$500,146$1,469,710
66$2,528,195$744,167$461,384$1,536,718
67$2,728,805$723,365$419,574$1,609,681
68$2,948,073$699,740$374,560$1,689,251
69$3,187,846$673,097$326,177$1,776,147
70$3,450,157$643,229$274,254$1,871,172
71$3,737,243$609,918$218,612$1,975,210
72$4,051,570$572,932$159,064$2,089,244
73$4,395,852$532,028$95,415$2,214,362
74$4,773,078$486,946$27,460$2,351,769
75$5,186,540$437,414$0$2,502,797
76$5,639,863$383,143$0$2,679,983
77$6,137,040$323,829$0$2,881,811
78$6,682,470$259,148$0$3,103,401
79$7,280,996$188,760$0$3,346,814
80$7,937,955$112,306$0$3,614,322
81$8,659,223$29,407$0$3,908,439
82$9,451,277$0$0$4,231,938
83$10,321,247$0$0$4,611,784
84$11,276,992$0$0$5,041,985
85$12,327,166$0$0$5,514,799
86$13,481,306$0$0$6,034,534
87$14,749,916$0$0$6,605,935
88$16,144,570$0$0$7,234,229
89$17,678,019$0$0$7,925,175
90$19,364,311$0$0$8,685,119
91$21,218,923$0$0$9,521,052
92$23,258,909$0$0$10,440,677
93$25,503,056$0$0$11,452,480
94$27,972,066$0$0$12,565,814
95$30,688,748$0$0$13,790,980
96$33,678,232$0$0$15,139,332
97$36,968,209$0$0$16,623,379
98$40,589,191$0$0$18,256,904
99$44,574,794$0$0$20,055,093
100$48,962,062$0$0$22,034,681