Can I retire at age 50 with 777,000?

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 $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%17%
1 years$64,164$63,592$63,035$62,491$61,959$60,193
2 years$31,764$31,173$30,599$30,044$29,504$27,739
3 years$20,966$20,372$19,800$19,249$18,719$17,009
4 years$15,568$14,975$14,409$13,868$13,350$11,710
5 years$12,330$11,741$11,182$10,652$10,149$8,581
6 years$10,172$9,587$9,037$8,518$8,030$6,538
7 years$8,631$8,051$7,510$7,003$6,531$5,113
8 years$7,476$6,902$6,369$5,875$5,418$4,074
9 years$6,578$6,009$5,485$5,004$4,563$3,292
10 years$5,860$5,297$4,782$4,314$3,888$2,688
11 years$5,273$4,715$4,210$3,754$3,344$2,213
12 years$4,784$4,232$3,737$3,293$2,897$1,834
13 years$4,371$3,825$3,338$2,907$2,527$1,528
14 years$4,017$3,477$3,000$2,581$2,215$1,278
15 years$3,710$3,176$2,708$2,301$1,950$1,073
16 years$3,442$2,914$2,455$2,061$1,723$903
17 years$3,206$2,684$2,234$1,852$1,528$762
18 years$2,997$2,480$2,040$1,669$1,359$644
19 years$2,809$2,298$1,867$1,508$1,211$546
20 years$2,641$2,136$1,714$1,366$1,082$463
21 years$2,489$1,989$1,576$1,239$968$393
22 years$2,350$1,857$1,453$1,127$868$334
23 years$2,224$1,737$1,341$1,026$779$284
24 years$2,109$1,627$1,240$936$700$242
25 years$2,003$1,527$1,149$855$630$206
26 years$1,906$1,435$1,066$782$567$176
27 years$1,815$1,351$989$715$512$150
28 years$1,732$1,273$920$655$462$128
29 years$1,654$1,201$856$601$417$109
30 years$1,582$1,134$797$552$377$93
31 years$1,514$1,072$743$507$341$79
32 years$1,451$1,014$694$466$308$68
33 years$1,391$960$648$428$279$58
34 years$1,336$910$605$394$252$49
35 years$1,283$863$566$363$229$42
36 years$1,234$820$529$334$207$36
37 years$1,187$778$495$308$188$31
38 years$1,143$740$464$284$170$26
39 years$1,102$703$435$262$154$22
40 years$1,062$669$407$241$140$19
41 years$1,025$637$382$223$127$16
42 years$989$607$358$205$115$14
43 years$955$578$336$190$105$12
44 years$923$551$316$175$95$10
45 years$892$525$296$162$86$9
46 years$863$501$278$149$78$7
47 years$835$478$261$138$71$6
48 years$809$457$246$127$65$5
49 years$783$436$231$118$59$5
50 years$759$417$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 $777,000, adding $6,466 every year, while hoping to spend $43,346 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: 58/19/23 Blend
49$777,000$777,000$777,000$777,000
50$862,924$821,743$809,699$907,289
51$904,822$815,888$790,704$932,408
52$949,541$808,294$769,620$954,576
53$997,323$798,830$746,331$977,809
54$1,048,434$787,355$720,717$1,002,218
55$1,103,163$773,724$692,649$1,027,932
56$1,161,829$757,781$661,997$1,055,091
57$1,224,783$739,360$628,622$1,083,853
58$1,292,409$718,286$592,378$1,114,394
59$1,365,127$694,375$553,116$1,146,911
60$1,443,401$667,430$510,676$1,181,624
61$1,527,738$637,244$464,894$1,218,777
62$1,618,697$603,599$415,597$1,258,640
63$1,716,890$566,261$362,605$1,301,519
64$1,822,990$524,985$305,730$1,347,749
65$1,937,739$479,514$244,776$1,397,705
66$2,061,950$429,571$179,537$1,451,805
67$2,196,516$374,868$109,800$1,510,511
68$2,342,423$315,098$35,340$1,574,338
69$2,500,750$249,938$0$1,643,857
70$2,672,688$179,046$0$1,730,532
71$2,859,545$102,062$0$1,834,196
72$3,062,759$18,604$0$1,947,012
73$3,283,915$0$0$2,069,912
74$3,524,755$0$0$2,218,920
75$3,787,196$0$0$2,385,592
76$4,073,348$0$0$2,567,385
77$4,385,532$0$0$2,765,783
78$4,726,305$0$0$2,982,418
79$5,098,481$0$0$3,219,087
80$5,505,157$0$0$3,477,768
81$5,949,743$0$0$3,760,641
82$6,435,993$0$0$4,070,103
83$6,968,040$0$0$4,408,796
84$7,550,438$0$0$4,779,626
85$8,188,196$0$0$5,185,798
86$8,886,836$0$0$5,630,836
87$9,652,436$0$0$6,118,624
88$10,491,690$0$0$6,653,441
89$11,411,972$0$0$7,239,996
90$12,421,400$0$0$7,883,479
91$13,528,921$0$0$8,589,605
92$14,744,387$0$0$9,364,669
93$16,078,648$0$0$10,215,606
94$17,543,659$0$0$11,150,054
95$19,152,589$0$0$12,176,429
96$20,919,943$0$0$13,303,999
97$22,861,702$0$0$14,542,977
98$24,995,469$0$0$15,904,612
99$27,340,640$0$0$17,401,300
100$29,918,581$0$0$19,046,694