Can I retire at age 50 with 778,000?

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 $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%16.4%
1 years$64,247$63,674$63,116$62,571$62,039$60,416
2 years$31,805$31,213$30,639$30,082$29,542$27,919
3 years$20,993$20,398$19,825$19,274$18,743$17,169
4 years$15,588$14,995$14,428$13,886$13,368$11,856
5 years$12,346$11,756$11,197$10,666$10,162$8,716
6 years$10,185$9,600$9,048$8,529$8,041$6,662
7 years$8,642$8,062$7,519$7,012$6,539$5,228
8 years$7,485$6,910$6,377$5,883$5,425$4,181
9 years$6,586$6,017$5,492$5,011$4,569$3,390
10 years$5,867$5,303$4,788$4,319$3,893$2,779
11 years$5,280$4,721$4,216$3,759$3,348$2,296
12 years$4,790$4,238$3,741$3,297$2,901$1,910
13 years$4,376$3,830$3,343$2,911$2,530$1,598
14 years$4,022$3,481$3,003$2,584$2,218$1,342
15 years$3,715$3,180$2,712$2,304$1,953$1,132
16 years$3,447$2,918$2,458$2,063$1,726$957
17 years$3,210$2,687$2,237$1,854$1,530$811
18 years$3,000$2,483$2,042$1,671$1,361$689
19 years$2,813$2,301$1,870$1,510$1,213$586
20 years$2,644$2,138$1,716$1,367$1,083$499
21 years$2,492$1,992$1,578$1,241$969$426
22 years$2,353$1,859$1,455$1,128$869$364
23 years$2,227$1,739$1,343$1,028$780$311
24 years$2,112$1,629$1,242$937$701$266
25 years$2,006$1,529$1,150$856$631$228
26 years$1,908$1,437$1,067$783$568$195
27 years$1,818$1,352$991$716$512$167
28 years$1,734$1,274$921$656$462$143
29 years$1,656$1,202$857$602$417$123
30 years$1,584$1,135$798$552$377$105
31 years$1,516$1,073$744$507$341$90
32 years$1,453$1,016$694$466$308$77
33 years$1,393$962$648$429$279$66
34 years$1,338$911$606$394$253$57
35 years$1,285$865$566$363$229$49
36 years$1,236$821$530$334$207$42
37 years$1,189$779$496$308$188$36
38 years$1,145$741$464$284$170$31
39 years$1,103$704$435$262$155$27
40 years$1,064$670$408$242$140$23
41 years$1,026$638$382$223$127$20
42 years$991$607$359$206$115$17
43 years$957$579$337$190$105$14
44 years$924$552$316$175$95$12
45 years$894$526$297$162$86$11
46 years$864$502$279$150$78$9
47 years$836$479$262$138$71$8
48 years$810$457$246$128$65$7
49 years$784$437$231$118$59$6
50 years$760$417$217$109$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $778,000, adding $5,537 every year, while hoping to spend $20,514 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: 30/46/24 Blend
49$778,000$778,000$778,000$778,000
50$863,067$821,833$809,774$882,405
51$929,274$840,277$815,075$916,191
52$1,001,545$858,936$819,866$950,319
53$1,080,479$877,800$824,108$986,613
54$1,166,733$896,857$827,760$1,025,275
55$1,261,030$916,094$830,781$1,066,527
56$1,364,168$935,494$833,124$1,110,615
57$1,477,022$955,043$834,743$1,157,808
58$1,600,559$974,721$835,588$1,208,405
59$1,735,843$994,509$835,607$1,262,735
60$1,884,044$1,014,386$834,745$1,321,162
61$2,046,454$1,034,327$832,946$1,384,087
62$2,224,491$1,054,308$830,149$1,451,951
63$2,419,721$1,074,302$826,291$1,525,244
64$2,633,867$1,094,277$821,306$1,604,504
65$2,868,827$1,114,202$815,125$1,690,326
66$3,126,692$1,134,042$807,676$1,783,367
67$3,409,764$1,153,759$798,883$1,884,351
68$3,720,580$1,173,314$788,665$1,994,078
69$4,061,934$1,192,661$776,941$2,113,428
70$4,436,905$1,211,755$763,622$2,243,377
71$4,848,884$1,230,546$748,618$2,384,999
72$5,301,606$1,248,978$731,832$2,539,478
73$5,799,187$1,266,995$713,166$2,708,123
74$6,346,160$1,284,535$692,514$2,892,376
75$6,947,522$1,301,531$669,767$3,093,832
76$7,608,776$1,317,912$644,810$3,314,245
77$8,335,985$1,333,604$617,525$3,555,555
78$9,135,829$1,348,524$587,785$3,819,901
79$10,015,669$1,362,586$555,461$4,109,641
80$10,983,614$1,375,700$520,416$4,427,379
81$12,048,599$1,387,766$482,507$4,775,986
82$13,220,469$1,398,680$441,584$5,158,629
83$14,510,072$1,408,330$397,492$5,578,802
84$15,929,359$1,416,598$350,068$6,040,359
85$17,491,501$1,423,359$299,142$6,547,550
86$19,211,007$1,428,476$244,537$7,105,065
87$21,103,868$1,431,809$186,066$7,718,074
88$23,187,700$1,433,206$123,537$8,392,282
89$25,481,917$1,432,504$56,748$9,133,978
90$28,007,910$1,429,535$0$9,950,099
91$30,789,250$1,424,115$0$10,852,016
92$33,851,909$1,416,052$0$11,860,197
93$37,224,507$1,405,142$0$12,969,455
94$40,938,581$1,391,168$0$14,190,112
95$45,028,881$1,373,900$0$15,533,546
96$49,533,701$1,353,095$0$17,012,297
97$54,495,237$1,328,495$0$18,640,191
98$59,959,985$1,299,826$0$20,432,468
99$65,979,185$1,266,798$0$22,405,926
100$72,609,296$1,229,106$0$24,579,084