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%
1 years$64,247$63,674$63,116$62,571$62,039$60,270
2 years$31,805$31,213$30,639$30,082$29,542$27,774
3 years$20,993$20,398$19,825$19,274$18,743$17,031
4 years$15,588$14,995$14,428$13,886$13,368$11,725
5 years$12,346$11,756$11,197$10,666$10,162$8,592
6 years$10,185$9,600$9,048$8,529$8,041$6,546
7 years$8,642$8,062$7,519$7,012$6,539$5,120
8 years$7,485$6,910$6,377$5,883$5,425$4,080
9 years$6,586$6,017$5,492$5,011$4,569$3,296
10 years$5,867$5,303$4,788$4,319$3,893$2,691
11 years$5,280$4,721$4,216$3,759$3,348$2,216
12 years$4,790$4,238$3,741$3,297$2,901$1,836
13 years$4,376$3,830$3,343$2,911$2,530$1,530
14 years$4,022$3,481$3,003$2,584$2,218$1,280
15 years$3,715$3,180$2,712$2,304$1,953$1,074
16 years$3,447$2,918$2,458$2,063$1,726$904
17 years$3,210$2,687$2,237$1,854$1,530$763
18 years$3,000$2,483$2,042$1,671$1,361$645
19 years$2,813$2,301$1,870$1,510$1,213$546
20 years$2,644$2,138$1,716$1,367$1,083$464
21 years$2,492$1,992$1,578$1,241$969$394
22 years$2,353$1,859$1,455$1,128$869$335
23 years$2,227$1,739$1,343$1,028$780$285
24 years$2,112$1,629$1,242$937$701$242
25 years$2,006$1,529$1,150$856$631$206
26 years$1,908$1,437$1,067$783$568$176
27 years$1,818$1,352$991$716$512$150
28 years$1,734$1,274$921$656$462$128
29 years$1,656$1,202$857$602$417$109
30 years$1,584$1,135$798$552$377$93
31 years$1,516$1,073$744$507$341$79
32 years$1,453$1,016$694$466$308$68
33 years$1,393$962$648$429$279$58
34 years$1,338$911$606$394$253$49
35 years$1,285$865$566$363$229$42
36 years$1,236$821$530$334$207$36
37 years$1,189$779$496$308$188$31
38 years$1,145$741$464$284$170$26
39 years$1,103$704$435$262$155$23
40 years$1,064$670$408$242$140$19
41 years$1,026$638$382$223$127$16
42 years$991$607$359$206$115$14
43 years$957$579$337$190$105$12
44 years$924$552$316$175$95$10
45 years$894$526$297$162$86$9
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$5
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 $2,621 every year, while hoping to spend $33,148 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: 40/39/21 Blend
49$778,000$778,000$778,000$778,000
50$860,060$818,826$806,767$889,020
51$912,516$823,679$798,524$914,881
52$969,213$827,659$788,894$939,486
53$1,030,546$830,688$777,796$965,429
54$1,096,954$832,683$765,144$992,851
55$1,168,916$833,557$750,849$1,021,908
56$1,246,960$833,216$734,817$1,052,775
57$1,331,667$831,561$716,951$1,085,646
58$1,423,676$828,487$697,148$1,120,738
59$1,523,690$823,882$675,301$1,158,291
60$1,632,482$817,627$651,299$1,198,573
61$1,750,901$809,597$625,024$1,241,883
62$1,879,884$799,659$596,353$1,288,552
63$2,020,461$787,671$565,160$1,338,948
64$2,173,765$773,483$531,309$1,393,482
65$2,341,043$756,938$494,662$1,452,607
66$2,523,669$737,867$455,073$1,516,828
67$2,723,153$716,093$412,387$1,586,707
68$2,941,159$691,426$366,448$1,662,865
69$3,179,521$663,669$317,087$1,745,992
70$3,440,253$632,610$264,130$1,836,853
71$3,725,578$598,027$207,397$1,936,296
72$4,037,939$559,683$146,698$2,045,263
73$4,380,031$517,329$81,834$2,164,795
74$4,754,818$470,702$12,600$2,296,046
75$5,165,566$419,524$0$2,440,296
76$5,615,872$363,498$0$2,612,693
77$6,109,697$302,315$0$2,804,978
78$6,651,403$235,646$0$3,016,114
79$7,245,797$163,143$0$3,248,076
80$7,898,171$84,441$0$3,503,047
81$8,614,357$0$0$3,783,439
82$9,400,777$0$0$4,092,279
83$10,264,505$0$0$4,471,386
84$11,213,337$0$0$4,887,955
85$12,255,858$0$0$5,345,769
86$13,401,527$0$0$5,848,997
87$14,660,765$0$0$6,402,229
88$16,045,052$0$0$7,010,526
89$17,567,036$0$0$7,679,459
90$19,240,652$0$0$8,415,170
91$21,081,254$0$0$9,224,425
92$23,105,755$0$0$10,114,677
93$25,332,793$0$0$11,094,140
94$27,782,902$0$0$12,171,862
95$30,478,706$0$0$13,357,815
96$33,445,134$0$0$14,662,985
97$36,709,652$0$0$16,099,476
98$40,302,523$0$0$17,680,626
99$44,257,095$0$0$19,421,132
100$48,610,110$0$0$21,337,189