Can I retire at age 50 with 778,000?

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 $778,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$64,247$63,674$63,116$62,571$62,039$60,198
2 years$31,805$31,213$30,639$30,082$29,542$27,703
3 years$20,993$20,398$19,825$19,274$18,743$16,962
4 years$15,588$14,995$14,428$13,886$13,368$11,660
5 years$12,346$11,756$11,197$10,666$10,162$8,531
6 years$10,185$9,600$9,048$8,529$8,041$6,489
7 years$8,642$8,062$7,519$7,012$6,539$5,066
8 years$7,485$6,910$6,377$5,883$5,425$4,030
9 years$6,586$6,017$5,492$5,011$4,569$3,250
10 years$5,867$5,303$4,788$4,319$3,893$2,649
11 years$5,280$4,721$4,216$3,759$3,348$2,177
12 years$4,790$4,238$3,741$3,297$2,901$1,800
13 years$4,376$3,830$3,343$2,911$2,530$1,496
14 years$4,022$3,481$3,003$2,584$2,218$1,249
15 years$3,715$3,180$2,712$2,304$1,953$1,047
16 years$3,447$2,918$2,458$2,063$1,726$879
17 years$3,210$2,687$2,237$1,854$1,530$740
18 years$3,000$2,483$2,042$1,671$1,361$625
19 years$2,813$2,301$1,870$1,510$1,213$528
20 years$2,644$2,138$1,716$1,367$1,083$447
21 years$2,492$1,992$1,578$1,241$969$378
22 years$2,353$1,859$1,455$1,128$869$321
23 years$2,227$1,739$1,343$1,028$780$272
24 years$2,112$1,629$1,242$937$701$231
25 years$2,006$1,529$1,150$856$631$196
26 years$1,908$1,437$1,067$783$568$167
27 years$1,818$1,352$991$716$512$142
28 years$1,734$1,274$921$656$462$121
29 years$1,656$1,202$857$602$417$103
30 years$1,584$1,135$798$552$377$88
31 years$1,516$1,073$744$507$341$75
32 years$1,453$1,016$694$466$308$63
33 years$1,393$962$648$429$279$54
34 years$1,338$911$606$394$253$46
35 years$1,285$865$566$363$229$39
36 years$1,236$821$530$334$207$33
37 years$1,189$779$496$308$188$28
38 years$1,145$741$464$284$170$24
39 years$1,103$704$435$262$155$21
40 years$1,064$670$408$242$140$18
41 years$1,026$638$382$223$127$15
42 years$991$607$359$206$115$13
43 years$957$579$337$190$105$11
44 years$924$552$316$175$95$9
45 years$894$526$297$162$86$8
46 years$864$502$279$150$78$7
47 years$836$479$262$138$71$6
48 years$810$457$246$128$65$5
49 years$784$437$231$118$59$4
50 years$760$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 $778,000, adding $3,158 every year, while hoping to spend $29,281 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: 51/22/27 Blend
49$778,000$778,000$778,000$778,000
50$860,613$819,379$807,320$897,823
51$917,241$828,374$803,211$933,050
52$978,664$836,829$797,982$968,134
53$1,045,339$844,685$791,566$1,005,702
54$1,117,771$851,882$783,891$1,046,004
55$1,196,514$858,354$774,882$1,089,317
56$1,282,178$864,033$764,460$1,135,944
57$1,375,433$868,844$752,543$1,186,222
58$1,477,019$872,708$739,044$1,240,525
59$1,587,747$875,543$723,874$1,299,265
60$1,708,511$877,259$706,938$1,362,898
61$1,840,296$877,761$688,137$1,431,926
62$1,984,185$876,950$667,368$1,506,908
63$2,141,370$874,719$644,524$1,588,459
64$2,313,164$870,955$619,489$1,677,259
65$2,501,012$865,537$592,148$1,774,059
66$2,706,506$858,339$562,376$1,879,691
67$2,931,398$849,226$530,043$1,995,071
68$3,177,617$838,054$495,016$2,121,214
69$3,447,287$824,672$457,152$2,259,240
70$3,742,749$808,920$416,305$2,410,385
71$4,066,578$790,626$372,321$2,576,015
72$4,421,614$769,611$325,038$2,757,640
73$4,810,981$745,684$274,289$2,956,924
74$5,238,121$718,643$219,898$3,175,707
75$5,706,827$688,275$161,683$3,416,020
76$6,221,276$654,352$99,451$3,680,104
77$6,786,067$616,636$33,004$3,970,436
78$7,406,269$574,875$0$4,289,745
79$8,087,464$528,799$0$4,651,969
80$8,835,802$478,127$0$5,060,372
81$9,658,059$422,560$0$5,509,173
82$10,561,697$361,782$0$6,002,494
83$11,554,940$295,459$0$6,544,878
84$12,646,846$223,239$0$7,141,336
85$13,847,395$144,748$0$7,797,388
86$15,167,584$59,595$0$8,519,125
87$16,619,525$0$0$9,313,258
88$18,216,568$0$0$10,195,088
89$19,973,417$0$0$11,181,118
90$21,906,276$0$0$12,266,027
91$24,032,997$0$0$13,459,846
92$26,373,250$0$0$14,773,629
93$28,948,709$0$0$16,219,555
94$31,783,254$0$0$17,811,045
95$34,903,199$0$0$19,562,886
96$38,337,537$0$0$21,491,370
97$42,118,216$0$0$23,614,451
98$46,280,436$0$0$25,951,912
99$50,862,987$0$0$28,525,551
100$55,908,609$0$0$31,359,387