Can I retire at age 50 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$64,412$63,838$63,278$62,732$62,198$60,111
2 years$31,887$31,293$30,718$30,160$29,618$27,536
3 years$21,047$20,450$19,876$19,323$18,791$16,779
4 years$15,628$15,033$14,465$13,921$13,402$11,476
5 years$12,377$11,786$11,225$10,693$10,188$8,353
6 years$10,211$9,624$9,072$8,551$8,061$6,318
7 years$8,664$8,082$7,539$7,031$6,556$4,905
8 years$7,505$6,928$6,393$5,898$5,439$3,879
9 years$6,603$6,032$5,507$5,024$4,580$3,109
10 years$5,882$5,317$4,801$4,330$3,903$2,518
11 years$5,293$4,734$4,227$3,769$3,356$2,056
12 years$4,803$4,249$3,751$3,306$2,909$1,689
13 years$4,388$3,839$3,351$2,918$2,536$1,395
14 years$4,032$3,490$3,011$2,591$2,223$1,156
15 years$3,725$3,188$2,719$2,310$1,958$962
16 years$3,456$2,925$2,465$2,069$1,730$802
17 years$3,219$2,694$2,243$1,859$1,534$670
18 years$3,008$2,489$2,047$1,675$1,364$561
19 years$2,820$2,307$1,874$1,514$1,216$471
20 years$2,651$2,144$1,720$1,371$1,086$395
21 years$2,498$1,997$1,582$1,244$972$332
22 years$2,359$1,864$1,458$1,131$871$280
23 years$2,233$1,743$1,346$1,030$782$235
24 years$2,117$1,633$1,245$940$703$198
25 years$2,011$1,533$1,153$858$632$167
26 years$1,913$1,441$1,070$785$570$141
27 years$1,822$1,356$993$718$514$119
28 years$1,738$1,278$923$658$463$100
29 years$1,660$1,205$859$603$418$85
30 years$1,588$1,138$800$554$378$72
31 years$1,520$1,076$746$509$342$60
32 years$1,456$1,018$696$467$309$51
33 years$1,397$964$650$430$280$43
34 years$1,341$914$607$395$253$36
35 years$1,288$867$568$364$229$31
36 years$1,239$823$531$335$208$26
37 years$1,192$781$497$309$188$22
38 years$1,148$743$466$285$171$19
39 years$1,106$706$436$263$155$16
40 years$1,066$672$409$242$141$13
41 years$1,029$639$383$223$127$11
42 years$993$609$360$206$116$9
43 years$959$580$337$190$105$8
44 years$927$553$317$176$95$7
45 years$896$527$297$162$87$6
46 years$867$503$279$150$79$5
47 years$839$480$262$139$71$4
48 years$812$458$247$128$65$3
49 years$786$438$232$118$59$3
50 years$762$418$218$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $780,000, adding $2,085 every year, while hoping to spend $41,399 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: 55/38/7 Blend
49$780,000$780,000$780,000$780,000
50$861,711$820,371$808,281$907,608
51$905,557$816,521$791,310$934,981
52$952,488$811,094$772,383$960,001
53$1,002,775$803,971$751,391$986,232
54$1,056,715$795,022$728,219$1,013,795
55$1,114,633$784,112$702,748$1,042,825
56$1,176,889$771,097$674,854$1,073,473
57$1,243,875$755,824$644,404$1,105,907
58$1,316,022$738,131$611,263$1,140,314
59$1,393,803$717,847$575,288$1,176,902
60$1,477,741$694,791$536,330$1,215,904
61$1,568,405$668,770$494,232$1,257,580
62$1,666,426$639,583$448,832$1,302,217
63$1,772,493$607,014$399,959$1,350,136
64$1,887,365$570,836$347,436$1,401,694
65$2,011,878$530,809$291,077$1,457,289
66$2,146,950$486,678$230,688$1,517,360
67$2,293,589$438,176$166,066$1,582,400
68$2,452,906$385,018$97,001$1,652,951
69$2,626,123$326,905$23,271$1,729,620
70$2,814,584$263,519$0$1,813,078
71$3,019,766$194,526$0$1,908,208
72$3,243,296$119,572$0$2,013,824
73$3,486,966$38,284$0$2,129,122
74$3,752,744$0$0$2,255,139
75$4,042,801$0$0$2,413,818
76$4,359,522$0$0$2,604,632
77$4,705,536$0$0$2,813,165
78$5,083,736$0$0$3,041,167
79$5,497,307$0$0$3,290,570
80$5,949,755$0$0$3,563,496
81$6,444,943$0$0$3,862,286
82$6,987,121$0$0$4,189,515
83$7,580,973$0$0$4,548,019
84$8,231,654$0$0$4,940,922
85$8,944,843$0$0$5,371,665
86$9,726,795$0$0$5,844,037
87$10,584,398$0$0$6,362,212
88$11,525,238$0$0$6,930,786
89$12,557,673$0$0$7,554,823
90$13,690,907$0$0$8,239,900
91$14,935,081$0$0$8,992,162
92$16,301,362$0$0$9,818,375
93$17,802,056$0$0$10,725,996
94$19,450,716$0$0$11,723,239
95$21,262,274$0$0$12,819,150
96$23,253,180$0$0$14,023,699
97$25,441,557$0$0$15,347,867
98$27,847,369$0$0$16,803,754
99$30,492,613$0$0$18,404,689
100$33,401,524$0$0$20,165,358