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%13.8%
1 years$64,494$63,920$63,359$62,812$62,278$61,297
2 years$31,928$31,333$30,757$30,198$29,656$28,670
3 years$21,074$20,477$19,902$19,348$18,815$17,855
4 years$15,648$15,052$14,483$13,939$13,419$12,492
5 years$12,393$11,801$11,240$10,707$10,201$9,310
6 years$10,224$9,637$9,083$8,562$8,072$7,218
7 years$8,675$8,093$7,548$7,040$6,564$5,748
8 years$7,514$6,937$6,402$5,905$5,446$4,666
9 years$6,612$6,040$5,514$5,030$4,586$3,843
10 years$5,890$5,324$4,807$4,336$3,908$3,201
11 years$5,300$4,740$4,232$3,774$3,361$2,689
12 years$4,809$4,254$3,756$3,310$2,912$2,275
13 years$4,393$3,844$3,356$2,922$2,540$1,936
14 years$4,037$3,494$3,015$2,594$2,226$1,656
15 years$3,729$3,192$2,722$2,313$1,960$1,421
16 years$3,460$2,929$2,468$2,071$1,732$1,224
17 years$3,223$2,697$2,246$1,861$1,536$1,057
18 years$3,012$2,492$2,050$1,677$1,366$915
19 years$2,824$2,310$1,877$1,516$1,217$794
20 years$2,654$2,147$1,722$1,373$1,087$689
21 years$2,501$1,999$1,584$1,246$973$600
22 years$2,363$1,866$1,460$1,133$872$523
23 years$2,236$1,746$1,348$1,032$783$456
24 years$2,120$1,636$1,247$941$704$398
25 years$2,014$1,535$1,155$859$633$348
26 years$1,915$1,443$1,071$786$570$304
27 years$1,825$1,358$995$719$514$266
28 years$1,741$1,279$925$659$464$233
29 years$1,663$1,207$860$604$419$204
30 years$1,590$1,140$801$554$379$179
31 years$1,522$1,077$747$509$342$157
32 years$1,458$1,019$697$468$310$137
33 years$1,399$965$651$430$280$120
34 years$1,343$915$608$396$254$106
35 years$1,290$868$569$365$230$93
36 years$1,240$824$532$336$208$81
37 years$1,194$782$498$309$189$71
38 years$1,149$744$466$285$171$63
39 years$1,107$707$437$263$155$55
40 years$1,068$673$409$242$141$48
41 years$1,030$640$384$224$128$42
42 years$994$610$360$206$116$37
43 years$960$581$338$191$105$33
44 years$928$554$317$176$95$29
45 years$897$528$298$163$87$25
46 years$868$504$280$150$79$22
47 years$840$481$263$139$71$19
48 years$813$459$247$128$65$17
49 years$787$438$232$118$59$15
50 years$763$419$218$109$54$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $781,000, adding $2,694 every year, while hoping to spend $29,575 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: 62/18/20 Blend
49$781,000$781,000$781,000$781,000
50$863,441$822,048$809,942$912,353
51$920,044$830,861$805,608$954,492
52$981,430$839,114$800,137$996,938
53$1,048,055$846,749$793,460$1,042,601
54$1,120,420$853,704$785,505$1,091,796
55$1,199,079$859,912$776,196$1,144,873
56$1,284,639$865,302$765,453$1,202,216
57$1,377,769$869,798$753,192$1,264,252
58$1,479,204$873,321$739,326$1,331,450
59$1,589,754$875,784$723,765$1,404,328
60$1,710,310$877,098$706,412$1,483,457
61$1,841,852$877,167$687,167$1,569,470
62$1,985,459$875,886$665,925$1,663,063
63$2,142,320$873,149$642,578$1,765,004
64$2,313,743$868,840$617,011$1,876,142
65$2,501,168$862,836$589,104$1,997,412
66$2,706,180$855,007$558,731$2,129,849
67$2,930,524$845,217$525,763$2,274,591
68$3,176,124$833,319$490,062$2,432,897
69$3,445,095$819,158$451,486$2,606,154
70$3,739,769$802,571$409,885$2,795,893
71$4,062,714$783,385$365,104$3,003,803
72$4,416,755$761,415$316,979$3,231,747
73$4,805,007$736,468$265,341$3,481,782
74$5,230,900$708,337$210,012$3,756,176
75$5,698,211$676,805$150,807$4,057,429
76$6,211,101$641,641$87,532$4,388,302
77$6,774,154$602,602$19,985$4,751,838
78$7,392,418$559,430$0$5,151,395
79$8,071,455$511,852$0$5,601,795
80$8,817,392$459,581$0$6,101,276
81$9,636,977$402,312$0$6,650,125
82$10,537,647$339,723$0$7,253,359
83$11,527,593$271,475$0$7,916,511
84$12,615,839$197,209$0$8,645,679
85$13,812,327$116,545$0$9,447,584
86$15,128,012$29,084$0$10,329,634
87$16,574,963$0$0$11,299,995
88$18,166,474$0$0$12,380,660
89$19,917,197$0$0$13,575,835
90$21,843,273$0$0$14,890,787
91$23,962,486$0$0$16,337,665
92$26,294,432$0$0$17,929,858
93$28,860,700$0$0$19,682,116
94$31,685,082$0$0$21,610,691
95$34,793,789$0$0$23,733,493
96$38,215,704$0$0$26,070,253
97$41,982,653$0$0$28,642,715
98$46,129,702$0$0$31,474,837
99$50,695,492$0$0$34,593,019
100$55,722,600$0$0$38,026,349