Can I retire at age 50 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$64,494$63,920$63,359$62,812$62,278$61,398
2 years$31,928$31,333$30,757$30,198$29,656$28,771
3 years$21,074$20,477$19,902$19,348$18,815$17,953
4 years$15,648$15,052$14,483$13,939$13,419$12,586
5 years$12,393$11,801$11,240$10,707$10,201$9,400
6 years$10,224$9,637$9,083$8,562$8,072$7,303
7 years$8,675$8,093$7,548$7,040$6,564$5,829
8 years$7,514$6,937$6,402$5,905$5,446$4,743
9 years$6,612$6,040$5,514$5,030$4,586$3,916
10 years$5,890$5,324$4,807$4,336$3,908$3,269
11 years$5,300$4,740$4,232$3,774$3,361$2,754
12 years$4,809$4,254$3,756$3,310$2,912$2,336
13 years$4,393$3,844$3,356$2,922$2,540$1,993
14 years$4,037$3,494$3,015$2,594$2,226$1,709
15 years$3,729$3,192$2,722$2,313$1,960$1,471
16 years$3,460$2,929$2,468$2,071$1,732$1,270
17 years$3,223$2,697$2,246$1,861$1,536$1,100
18 years$3,012$2,492$2,050$1,677$1,366$955
19 years$2,824$2,310$1,877$1,516$1,217$831
20 years$2,654$2,147$1,722$1,373$1,087$724
21 years$2,501$1,999$1,584$1,246$973$632
22 years$2,363$1,866$1,460$1,133$872$552
23 years$2,236$1,746$1,348$1,032$783$483
24 years$2,120$1,636$1,247$941$704$423
25 years$2,014$1,535$1,155$859$633$371
26 years$1,915$1,443$1,071$786$570$325
27 years$1,825$1,358$995$719$514$285
28 years$1,741$1,279$925$659$464$251
29 years$1,663$1,207$860$604$419$220
30 years$1,590$1,140$801$554$379$194
31 years$1,522$1,077$747$509$342$170
32 years$1,458$1,019$697$468$310$150
33 years$1,399$965$651$430$280$132
34 years$1,343$915$608$396$254$116
35 years$1,290$868$569$365$230$102
36 years$1,240$824$532$336$208$90
37 years$1,194$782$498$309$189$79
38 years$1,149$744$466$285$171$70
39 years$1,107$707$437$263$155$61
40 years$1,068$673$409$242$141$54
41 years$1,030$640$384$224$128$48
42 years$994$610$360$206$116$42
43 years$960$581$338$191$105$37
44 years$928$554$317$176$95$33
45 years$897$528$298$163$87$29
46 years$868$504$280$150$79$25
47 years$840$481$263$139$71$22
48 years$813$459$247$128$65$20
49 years$787$438$232$118$59$17
50 years$763$419$218$109$54$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $781,000, adding $2,722 every year, while hoping to spend $38,022 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: 59/29/12 Blend
49$781,000$781,000$781,000$781,000
50$863,470$822,077$809,971$911,727
51$911,089$821,903$796,650$944,375
52$962,290$820,447$781,608$975,457
53$1,017,400$817,605$764,748$1,008,436
54$1,076,775$813,268$745,968$1,043,498
55$1,140,807$807,320$725,159$1,080,850
56$1,209,929$799,637$702,211$1,120,721
57$1,284,612$790,090$677,006$1,163,366
58$1,365,379$778,541$649,422$1,209,064
59$1,452,800$764,842$619,330$1,258,129
60$1,547,505$748,838$586,597$1,310,904
61$1,650,185$730,366$551,082$1,367,773
62$1,761,601$709,251$512,641$1,429,158
63$1,882,589$685,309$471,119$1,495,530
64$2,014,068$658,345$426,357$1,567,406
65$2,157,052$628,152$378,188$1,645,362
66$2,312,653$594,513$326,439$1,730,033
67$2,482,095$557,196$270,927$1,822,124
68$2,666,728$515,958$211,462$1,922,413
69$2,868,034$470,540$147,846$2,031,761
70$3,087,647$420,669$79,871$2,151,122
71$3,327,362$366,058$7,323$2,281,549
72$3,589,159$306,401$0$2,424,209
73$3,875,215$241,376$0$2,589,366
74$4,187,928$170,645$0$2,771,053
75$4,529,937$93,846$0$2,969,939
76$4,904,148$10,602$0$3,187,798
77$5,313,762$0$0$3,426,588
78$5,762,302$0$0$3,713,838
79$6,253,649$0$0$4,032,272
80$6,792,077$0$0$4,381,285
81$7,382,291$0$0$4,763,935
82$8,029,477$0$0$5,183,591
83$8,739,342$0$0$5,643,966
84$9,518,176$0$0$6,149,145
85$10,372,904$0$0$6,703,632
86$11,311,157$0$0$7,312,386
87$12,341,339$0$0$7,980,869
88$13,472,707$0$0$8,715,100
89$14,715,459$0$0$9,521,709
90$16,080,832$0$0$10,407,998
91$17,581,201$0$0$11,382,014
92$19,230,202$0$0$12,452,620
93$21,042,855$0$0$13,629,581
94$23,035,712$0$0$14,923,656
95$25,227,004$0$0$16,346,699
96$27,636,819$0$0$17,911,768
97$30,287,291$0$0$19,633,252
98$33,202,804$0$0$21,527,003
99$36,410,224$0$0$23,610,489
100$39,939,155$0$0$25,902,954