Can I retire at age 50 with 774,000?

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 $774,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$63,916$63,347$62,791$62,249$61,720$59,768
2 years$31,642$31,052$30,481$29,928$29,390$27,442
3 years$20,885$20,293$19,723$19,175$18,646$16,762
4 years$15,508$14,918$14,354$13,814$13,299$11,493
5 years$12,282$11,696$11,139$10,611$10,110$8,387
6 years$10,132$9,550$9,002$8,486$7,999$6,362
7 years$8,597$8,020$7,481$6,976$6,506$4,953
8 years$7,447$6,875$6,344$5,852$5,397$3,928
9 years$6,552$5,986$5,464$4,985$4,545$3,159
10 years$5,837$5,276$4,764$4,297$3,873$2,566
11 years$5,253$4,697$4,194$3,740$3,331$2,102
12 years$4,766$4,216$3,722$3,280$2,886$1,732
13 years$4,354$3,810$3,325$2,896$2,517$1,435
14 years$4,001$3,463$2,988$2,571$2,206$1,194
15 years$3,696$3,164$2,698$2,293$1,943$997
16 years$3,429$2,903$2,446$2,053$1,717$834
17 years$3,194$2,673$2,226$1,844$1,522$700
18 years$2,985$2,470$2,032$1,662$1,354$588
19 years$2,798$2,289$1,860$1,502$1,206$495
20 years$2,631$2,127$1,707$1,360$1,078$418
21 years$2,479$1,981$1,570$1,235$964$352
22 years$2,341$1,850$1,447$1,122$864$298
23 years$2,216$1,730$1,336$1,022$776$252
24 years$2,101$1,621$1,236$932$697$213
25 years$1,995$1,521$1,144$851$628$180
26 years$1,898$1,430$1,061$779$565$153
27 years$1,808$1,345$986$713$510$129
28 years$1,725$1,268$916$653$460$109
29 years$1,648$1,196$853$599$415$93
30 years$1,576$1,129$794$550$375$79
31 years$1,508$1,068$740$505$339$67
32 years$1,445$1,010$691$464$307$57
33 years$1,386$957$645$427$278$48
34 years$1,331$907$603$392$251$41
35 years$1,278$860$563$361$228$35
36 years$1,229$816$527$333$206$29
37 years$1,183$775$493$307$187$25
38 years$1,139$737$462$283$170$21
39 years$1,098$701$433$261$154$18
40 years$1,058$667$406$240$139$15
41 years$1,021$635$380$222$127$13
42 years$985$604$357$205$115$11
43 years$952$576$335$189$104$9
44 years$920$549$314$174$95$8
45 years$889$523$295$161$86$7
46 years$860$499$277$149$78$6
47 years$832$476$260$137$71$5
48 years$805$455$245$127$64$4
49 years$780$434$230$117$58$3
50 years$756$415$216$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $774,000, adding $6,202 every year, while hoping to spend $24,744 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: 56/36/8 Blend
49$774,000$774,000$774,000$774,000
50$859,345$818,323$806,326$905,522
51$920,671$832,094$807,011$951,159
52$987,423$845,710$806,889$997,549
53$1,060,128$859,137$805,908$1,047,472
54$1,139,366$872,340$804,011$1,101,270
55$1,225,777$885,280$801,141$1,159,315
56$1,320,063$897,915$797,235$1,222,022
57$1,422,997$910,201$792,231$1,289,846
58$1,535,432$922,090$786,059$1,363,288
59$1,658,304$933,531$778,651$1,442,903
60$1,792,647$944,470$769,932$1,529,301
61$1,939,597$954,849$759,824$1,623,155
62$2,100,404$964,605$748,247$1,725,208
63$2,276,448$973,673$735,115$1,836,277
64$2,469,244$981,982$720,340$1,957,264
65$2,680,465$989,456$703,829$2,089,167
66$2,911,950$996,017$685,485$2,233,081
67$3,165,726$1,001,579$665,206$2,390,217
68$3,444,025$1,006,051$642,885$2,561,910
69$3,749,305$1,009,338$618,411$2,749,631
70$4,084,274$1,011,336$591,669$2,955,003
71$4,451,916$1,011,936$562,535$3,179,815
72$4,855,515$1,011,025$530,883$3,426,042
73$5,298,690$1,008,478$496,581$3,695,860
74$5,785,428$1,004,165$459,488$3,991,668
75$6,320,121$997,949$419,461$4,316,112
76$6,907,608$989,682$376,346$4,672,110
77$7,553,217$979,210$329,987$5,062,880
78$8,262,820$966,366$280,217$5,491,969
79$9,042,888$950,978$226,864$5,963,290
80$9,900,546$932,859$169,747$6,481,156
81$10,843,646$911,814$108,679$7,050,324
82$11,880,840$887,635$43,461$7,676,036
83$13,021,659$860,102$0$8,364,077
84$14,276,603$828,983$0$9,123,051
85$15,657,245$794,031$0$9,961,861
86$17,176,331$754,985$0$10,884,562
87$18,847,908$711,571$0$11,899,718
88$20,687,454$663,497$0$13,016,770
89$22,712,021$610,455$0$14,246,126
90$24,940,398$552,118$0$15,599,258
91$27,393,290$488,144$0$17,088,813
92$30,093,510$418,167$0$18,728,731
93$33,066,194$341,803$0$20,534,381
94$36,339,041$258,647$0$22,522,701
95$39,942,572$168,269$0$24,712,365
96$43,910,416$70,217$0$27,123,956
97$48,279,633$0$0$29,780,162
98$53,091,055$0$0$32,720,248
99$58,389,680$0$0$35,988,772
100$64,225,090$0$0$39,588,513