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%18.7%
1 years$64,247$63,674$63,116$62,571$62,039$59,861
2 years$31,805$31,213$30,639$30,082$29,542$27,371
3 years$20,993$20,398$19,825$19,274$18,743$16,647
4 years$15,588$14,995$14,428$13,886$13,368$11,362
5 years$12,346$11,756$11,197$10,666$10,162$8,253
6 years$10,185$9,600$9,048$8,529$8,041$6,229
7 years$8,642$8,062$7,519$7,012$6,539$4,825
8 years$7,485$6,910$6,377$5,883$5,425$3,806
9 years$6,586$6,017$5,492$5,011$4,569$3,044
10 years$5,867$5,303$4,788$4,319$3,893$2,459
11 years$5,280$4,721$4,216$3,759$3,348$2,002
12 years$4,790$4,238$3,741$3,297$2,901$1,640
13 years$4,376$3,830$3,343$2,911$2,530$1,351
14 years$4,022$3,481$3,003$2,584$2,218$1,117
15 years$3,715$3,180$2,712$2,304$1,953$926
16 years$3,447$2,918$2,458$2,063$1,726$770
17 years$3,210$2,687$2,237$1,854$1,530$642
18 years$3,000$2,483$2,042$1,671$1,361$536
19 years$2,813$2,301$1,870$1,510$1,213$448
20 years$2,644$2,138$1,716$1,367$1,083$375
21 years$2,492$1,992$1,578$1,241$969$314
22 years$2,353$1,859$1,455$1,128$869$264
23 years$2,227$1,739$1,343$1,028$780$221
24 years$2,112$1,629$1,242$937$701$186
25 years$2,006$1,529$1,150$856$631$156
26 years$1,908$1,437$1,067$783$568$131
27 years$1,818$1,352$991$716$512$110
28 years$1,734$1,274$921$656$462$93
29 years$1,656$1,202$857$602$417$78
30 years$1,584$1,135$798$552$377$66
31 years$1,516$1,073$744$507$341$55
32 years$1,453$1,016$694$466$308$47
33 years$1,393$962$648$429$279$39
34 years$1,338$911$606$394$253$33
35 years$1,285$865$566$363$229$28
36 years$1,236$821$530$334$207$23
37 years$1,189$779$496$308$188$20
38 years$1,145$741$464$284$170$17
39 years$1,103$704$435$262$155$14
40 years$1,064$670$408$242$140$12
41 years$1,026$638$382$223$127$10
42 years$991$607$359$206$115$8
43 years$957$579$337$190$105$7
44 years$924$552$316$175$95$6
45 years$894$526$297$162$86$5
46 years$864$502$279$150$78$4
47 years$836$479$262$138$71$4
48 years$810$457$246$128$65$3
49 years$784$437$231$118$59$3
50 years$760$417$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $778,000, adding $6,547 every year, while hoping to spend $47,234 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: 26/49/25 Blend
49$778,000$778,000$778,000$778,000
50$864,109$822,875$810,816$879,648
51$901,992$812,940$787,722$882,786
52$942,155$800,934$762,271$881,640
53$984,782$786,707$734,334$879,419
54$1,030,073$770,099$703,778$876,062
55$1,078,246$750,939$670,460$871,511
56$1,129,541$729,048$634,233$865,701
57$1,184,218$704,236$594,945$858,572
58$1,242,567$676,302$552,433$850,059
59$1,304,899$645,032$506,531$840,101
60$1,371,561$610,200$457,062$828,635
61$1,442,930$571,569$403,843$815,600
62$1,519,419$528,887$346,682$800,935
63$1,601,484$481,886$285,379$784,581
64$1,689,622$430,285$219,727$766,484
65$1,784,381$373,787$149,505$746,589
66$1,886,362$312,076$74,487$724,850
67$1,996,224$244,821$0$701,223
68$2,114,691$171,670$0$677,157
69$2,242,561$92,253$0$672,438
70$2,380,706$6,177$0$667,224
71$2,530,088$0$0$661,577
72$2,691,764$0$0$702,469
73$2,866,894$0$0$750,481
74$3,056,755$0$0$802,646
75$3,262,752$0$0$859,363
76$3,486,428$0$0$921,073
77$3,729,481$0$0$988,260
78$3,993,780$0$0$1,061,457
79$4,281,380$0$0$1,141,251
80$4,594,543$0$0$1,228,286
81$4,935,756$0$0$1,323,274
82$5,307,760$0$0$1,426,997
83$5,713,567$0$0$1,540,315
84$6,156,496$0$0$1,664,176
85$6,640,199$0$0$1,799,623
86$7,168,694$0$0$1,947,805
87$7,746,409$0$0$2,109,988
88$8,378,216$0$0$2,287,563
89$9,069,480$0$0$2,482,066
90$9,826,108$0$0$2,695,185
91$10,654,606$0$0$2,928,780
92$11,562,137$0$0$3,184,900
93$12,556,590$0$0$3,465,803
94$13,646,654$0$0$3,773,973
95$14,841,897$0$0$4,112,147
96$16,152,858$0$0$4,483,343
97$17,591,145$0$0$4,890,881
98$19,169,545$0$0$5,338,420
99$20,902,140$0$0$5,829,991
100$22,804,446$0$0$6,370,034