Can I retire at age 50 with 777,000?

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 $777,000?

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$64,164$63,592$63,035$62,491$61,959$60,437
2 years$31,764$31,173$30,599$30,044$29,504$27,980
3 years$20,966$20,372$19,800$19,249$18,719$17,240
4 years$15,568$14,975$14,409$13,868$13,350$11,929
5 years$12,330$11,741$11,182$10,652$10,149$8,788
6 years$10,172$9,587$9,037$8,518$8,030$6,732
7 years$8,631$8,051$7,510$7,003$6,531$5,295
8 years$7,476$6,902$6,369$5,875$5,418$4,244
9 years$6,578$6,009$5,485$5,004$4,563$3,450
10 years$5,860$5,297$4,782$4,314$3,888$2,835
11 years$5,273$4,715$4,210$3,754$3,344$2,349
12 years$4,784$4,232$3,737$3,293$2,897$1,959
13 years$4,371$3,825$3,338$2,907$2,527$1,643
14 years$4,017$3,477$3,000$2,581$2,215$1,384
15 years$3,710$3,176$2,708$2,301$1,950$1,170
16 years$3,442$2,914$2,455$2,061$1,723$992
17 years$3,206$2,684$2,234$1,852$1,528$843
18 years$2,997$2,480$2,040$1,669$1,359$718
19 years$2,809$2,298$1,867$1,508$1,211$613
20 years$2,641$2,136$1,714$1,366$1,082$524
21 years$2,489$1,989$1,576$1,239$968$448
22 years$2,350$1,857$1,453$1,127$868$384
23 years$2,224$1,737$1,341$1,026$779$329
24 years$2,109$1,627$1,240$936$700$282
25 years$2,003$1,527$1,149$855$630$243
26 years$1,906$1,435$1,066$782$567$208
27 years$1,815$1,351$989$715$512$179
28 years$1,732$1,273$920$655$462$154
29 years$1,654$1,201$856$601$417$132
30 years$1,582$1,134$797$552$377$114
31 years$1,514$1,072$743$507$341$98
32 years$1,451$1,014$694$466$308$84
33 years$1,391$960$648$428$279$73
34 years$1,336$910$605$394$252$63
35 years$1,283$863$566$363$229$54
36 years$1,234$820$529$334$207$46
37 years$1,187$778$495$308$188$40
38 years$1,143$740$464$284$170$34
39 years$1,102$703$435$262$154$30
40 years$1,062$669$407$241$140$26
41 years$1,025$637$382$223$127$22
42 years$989$607$358$205$115$19
43 years$955$578$336$190$105$16
44 years$923$551$316$175$95$14
45 years$892$525$296$162$86$12
46 years$863$501$278$149$78$10
47 years$835$478$261$138$71$9
48 years$809$457$246$127$65$8
49 years$783$436$231$118$59$7
50 years$759$417$217$109$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $777,000, adding $4,357 every year, while hoping to spend $46,813 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: 52/27/21 Blend
49$777,000$777,000$777,000$777,000
50$860,748$819,567$807,524$900,301
51$898,736$809,917$784,767$918,378
52$939,029$798,226$759,679$932,826
53$981,814$784,343$732,132$947,551
54$1,027,294$768,110$701,993$962,597
55$1,075,691$749,360$669,123$978,012
56$1,127,247$727,915$633,375$993,853
57$1,182,231$703,587$594,597$1,010,189
58$1,240,933$676,177$552,631$1,027,095
59$1,303,673$645,475$507,309$1,044,658
60$1,370,802$611,258$458,458$1,062,979
61$1,442,704$573,289$405,896$1,082,172
62$1,519,800$531,321$349,434$1,102,367
63$1,602,553$485,090$288,874$1,123,712
64$1,691,471$434,316$224,009$1,146,374
65$1,787,110$378,707$154,622$1,170,542
66$1,890,083$317,951$80,489$1,196,429
67$2,001,060$251,719$1,374$1,224,277
68$2,120,780$179,665$0$1,254,358
69$2,250,053$101,422$0$1,305,585
70$2,389,770$16,604$0$1,361,231
71$2,540,910$0$0$1,421,432
72$2,704,549$0$0$1,509,025
73$2,881,869$0$0$1,609,352
74$3,074,172$0$0$1,718,224
75$3,282,888$0$0$1,836,460
76$3,509,590$0$0$1,964,959
77$3,756,009$0$0$2,104,712
78$4,024,049$0$0$2,256,810
79$4,315,804$0$0$2,422,449
80$4,633,579$0$0$2,602,951
81$4,979,911$0$0$2,799,766
82$5,357,589$0$0$3,014,492
83$5,769,688$0$0$3,248,889
84$6,219,588$0$0$3,504,892
85$6,711,011$0$0$3,784,633
86$7,248,056$0$0$4,090,459
87$7,835,234$0$0$4,424,952
88$8,477,512$0$0$4,790,957
89$9,180,360$0$0$5,191,606
90$9,949,799$0$0$5,630,349
91$10,792,462$0$0$6,110,983
92$11,715,652$0$0$6,637,692
93$12,727,412$0$0$7,215,081
94$13,836,599$0$0$7,848,226
95$15,052,970$0$0$8,542,713
96$16,387,269$0$0$9,304,697
97$17,851,332$0$0$10,140,959
98$19,458,195$0$0$11,058,966
99$21,222,217$0$0$12,066,944
100$23,159,218$0$0$13,173,954