Can I retire at age 50 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$64,329$63,756$63,197$62,651$62,119$61,444
2 years$31,846$31,253$30,678$30,121$29,580$28,901
3 years$21,020$20,424$19,851$19,299$18,767$18,104
4 years$15,608$15,014$14,446$13,904$13,385$12,744
5 years$12,361$11,771$11,211$10,679$10,175$9,557
6 years$10,198$9,612$9,060$8,540$8,051$7,458
7 years$8,653$8,072$7,529$7,021$6,548$5,979
8 years$7,495$6,919$6,385$5,890$5,432$4,887
9 years$6,595$6,025$5,500$5,017$4,574$4,054
10 years$5,875$5,310$4,795$4,325$3,898$3,401
11 years$5,286$4,727$4,221$3,764$3,352$2,879
12 years$4,796$4,243$3,746$3,301$2,905$2,455
13 years$4,382$3,835$3,347$2,915$2,533$2,105
14 years$4,027$3,485$3,007$2,587$2,221$1,815
15 years$3,720$3,184$2,715$2,307$1,955$1,570
16 years$3,451$2,921$2,462$2,066$1,728$1,364
17 years$3,215$2,690$2,240$1,856$1,532$1,188
18 years$3,004$2,486$2,045$1,673$1,362$1,037
19 years$2,816$2,304$1,872$1,512$1,214$907
20 years$2,648$2,141$1,718$1,369$1,085$795
21 years$2,495$1,994$1,580$1,243$971$698
22 years$2,356$1,862$1,456$1,130$870$614
23 years$2,230$1,741$1,345$1,029$781$540
24 years$2,115$1,631$1,244$938$702$476
25 years$2,008$1,531$1,152$857$632$420
26 years$1,911$1,439$1,068$784$569$371
27 years$1,820$1,354$992$717$513$328
28 years$1,736$1,276$922$657$463$290
29 years$1,658$1,204$858$603$418$256
30 years$1,586$1,137$799$553$378$227
31 years$1,518$1,075$745$508$341$201
32 years$1,455$1,017$695$467$309$178
33 years$1,395$963$649$429$279$157
34 years$1,339$913$607$395$253$139
35 years$1,287$866$567$364$229$124
36 years$1,237$822$531$335$208$110
37 years$1,191$780$497$309$188$97
38 years$1,146$742$465$284$171$86
39 years$1,105$705$436$262$155$76
40 years$1,065$671$408$242$140$68
41 years$1,027$639$383$223$127$60
42 years$992$608$359$206$116$53
43 years$958$580$337$190$105$47
44 years$926$552$316$176$95$42
45 years$895$527$297$162$86$37
46 years$865$503$279$150$78$33
47 years$837$480$262$138$71$29
48 years$811$458$246$128$65$26
49 years$785$437$232$118$59$23
50 years$761$418$218$109$53$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $779,000, adding $5,520 every year, while hoping to spend $22,102 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: 26/50/24 Blend
49$779,000$779,000$779,000$779,000
50$864,152$822,865$810,790$879,962
51$928,779$839,669$814,436$909,922
52$999,257$856,556$817,462$939,766
53$1,076,160$873,506$819,826$971,322
54$1,160,119$890,498$821,480$1,004,748
55$1,251,829$907,510$822,378$1,040,218
56$1,352,055$924,517$822,466$1,077,926
57$1,461,638$941,492$821,693$1,118,087
58$1,581,507$958,407$820,001$1,160,937
59$1,712,682$975,230$817,333$1,206,737
60$1,856,288$991,929$813,625$1,255,778
61$2,013,562$1,008,466$808,815$1,308,378
62$2,185,868$1,024,803$802,832$1,364,892
63$2,374,707$1,040,899$795,608$1,425,710
64$2,581,733$1,056,709$787,067$1,491,265
65$2,808,767$1,072,185$777,131$1,562,033
66$3,057,815$1,087,276$765,718$1,638,542
67$3,331,086$1,101,927$752,744$1,721,375
68$3,631,014$1,116,079$738,118$1,811,177
69$3,960,280$1,129,669$721,748$1,908,660
70$4,321,837$1,142,631$703,534$2,014,611
71$4,718,936$1,154,892$683,375$2,129,897
72$5,155,163$1,166,377$661,163$2,255,481
73$5,634,464$1,177,003$636,787$2,392,421
74$6,161,188$1,186,685$610,128$2,541,890
75$6,740,126$1,195,330$581,064$2,705,182
76$7,376,557$1,202,839$549,467$2,883,726
77$8,076,295$1,209,107$515,204$3,079,098
78$8,845,747$1,214,023$478,133$3,293,043
79$9,691,972$1,217,469$438,109$3,527,485
80$10,622,746$1,219,318$394,979$3,784,546
81$11,646,638$1,219,437$348,583$4,066,574
82$12,773,090$1,217,684$298,755$4,376,157
83$14,012,502$1,213,907$245,320$4,716,153
84$15,376,335$1,207,947$188,096$5,089,716
85$16,877,218$1,199,633$126,895$5,500,330
86$18,529,065$1,188,786$61,516$5,951,837
87$20,347,207$1,175,214$0$6,448,478
88$22,348,537$1,158,714$0$6,997,048
89$24,551,668$1,139,072$0$7,617,546
90$26,977,113$1,116,060$0$8,299,959
91$29,647,469$1,089,438$0$9,050,637
92$32,587,640$1,058,950$0$9,876,580
93$35,825,067$1,024,327$0$10,785,508
94$39,389,987$985,281$0$11,785,935
95$43,315,717$941,511$0$12,887,247
96$47,638,972$892,698$0$14,099,795
97$52,400,209$838,501$0$15,434,993
98$57,644,006$778,564$0$16,905,426
99$63,419,489$712,507$0$18,524,969
100$69,780,788$639,931$0$20,308,922