Can I retire at age 50 with 776,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$64,081$63,511$62,954$62,410$61,879$60,164
2 years$31,723$31,133$30,560$30,005$29,466$27,751
3 years$20,939$20,346$19,774$19,224$18,695$17,033
4 years$15,548$14,956$14,391$13,850$13,333$11,738
5 years$12,314$11,726$11,168$10,638$10,136$8,611
6 years$10,159$9,575$9,025$8,507$8,020$6,568
7 years$8,620$8,041$7,500$6,994$6,522$5,142
8 years$7,466$6,893$6,361$5,867$5,411$4,103
9 years$6,569$6,001$5,478$4,998$4,557$3,319
10 years$5,852$5,290$4,776$4,308$3,883$2,713
11 years$5,266$4,709$4,205$3,749$3,339$2,237
12 years$4,778$4,227$3,732$3,289$2,894$1,856
13 years$4,365$3,820$3,334$2,903$2,523$1,548
14 years$4,012$3,472$2,996$2,577$2,212$1,297
15 years$3,706$3,172$2,705$2,299$1,948$1,090
16 years$3,438$2,910$2,452$2,058$1,721$919
17 years$3,202$2,680$2,231$1,849$1,526$777
18 years$2,993$2,476$2,037$1,666$1,357$658
19 years$2,806$2,295$1,865$1,506$1,210$558
20 years$2,637$2,133$1,711$1,364$1,080$474
21 years$2,485$1,987$1,574$1,238$967$403
22 years$2,347$1,854$1,451$1,125$867$343
23 years$2,222$1,734$1,340$1,025$778$292
24 years$2,106$1,625$1,239$935$699$249
25 years$2,001$1,525$1,147$854$629$213
26 years$1,903$1,433$1,064$781$567$181
27 years$1,813$1,349$988$714$511$155
28 years$1,730$1,271$919$655$461$132
29 years$1,652$1,199$855$600$416$113
30 years$1,580$1,132$796$551$376$97
31 years$1,512$1,070$742$506$340$83
32 years$1,449$1,013$693$465$308$71
33 years$1,390$959$647$428$278$60
34 years$1,334$909$604$393$252$52
35 years$1,282$862$565$362$228$44
36 years$1,232$818$528$334$207$38
37 years$1,186$777$495$307$187$32
38 years$1,142$739$463$283$170$28
39 years$1,100$702$434$261$154$24
40 years$1,061$668$407$241$140$20
41 years$1,023$636$381$222$127$17
42 years$988$606$358$205$115$15
43 years$954$577$336$189$104$13
44 years$922$550$315$175$95$11
45 years$891$525$296$161$86$9
46 years$862$501$278$149$78$8
47 years$834$478$261$138$71$7
48 years$808$456$245$127$64$6
49 years$782$435$231$118$59$5
50 years$758$416$217$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $776,000, adding $4,543 every year, while hoping to spend $36,197 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: 51/44/5 Blend
49$776,000$776,000$776,000$776,000
50$859,838$818,710$806,682$902,463
51$909,028$820,314$795,193$933,506
52$962,023$820,782$782,105$962,921
53$1,019,171$820,023$767,328$994,020
54$1,080,858$817,935$750,765$1,026,967
55$1,147,505$814,414$732,315$1,061,945
56$1,219,577$809,347$711,874$1,099,159
57$1,297,584$802,615$689,332$1,138,835
58$1,382,086$794,091$664,573$1,181,223
59$1,473,700$783,643$637,477$1,226,603
60$1,573,104$771,128$607,919$1,275,283
61$1,681,043$756,395$575,767$1,327,606
62$1,798,337$739,287$540,883$1,383,954
63$1,925,890$719,634$503,125$1,444,747
64$2,064,692$697,258$462,341$1,510,454
65$2,215,837$671,970$418,376$1,581,593
66$2,380,525$643,569$371,064$1,658,739
67$2,560,080$611,846$320,237$1,742,529
68$2,755,958$576,575$265,713$1,833,668
69$2,969,759$537,521$207,308$1,932,940
70$3,203,247$494,433$144,826$2,041,208
71$3,458,365$447,046$78,064$2,159,432
72$3,737,249$395,082$6,810$2,288,674
73$4,042,252$338,245$0$2,430,107
74$4,375,965$276,222$0$2,588,726
75$4,741,241$208,685$0$2,762,904
76$5,141,222$135,284$0$2,953,883
77$5,579,366$55,653$0$3,163,436
78$6,059,484$0$0$3,393,526
79$6,585,771$0$0$3,661,137
80$7,162,848$0$0$3,984,200
81$7,795,805$0$0$4,338,628
82$8,490,247$0$0$4,727,571
83$9,252,350$0$0$5,154,498
84$10,088,914$0$0$5,623,231
85$11,007,432$0$0$6,137,977
86$12,016,156$0$0$6,703,375
87$13,124,178$0$0$7,324,532
88$14,341,512$0$0$8,007,076
89$15,679,193$0$0$8,757,206
90$17,149,376$0$0$9,581,751
91$18,765,450$0$0$10,488,236
92$20,542,169$0$0$11,484,951
93$22,495,787$0$0$12,581,028
94$24,644,211$0$0$13,786,530
95$27,007,171$0$0$15,112,545
96$29,606,404$0$0$16,571,286
97$32,465,860$0$0$18,176,212
98$35,611,928$0$0$19,942,152
99$39,073,684$0$0$21,885,446
100$42,883,163$0$0$24,024,095