Can I retire at age 50 with 782,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $782,000?

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$64,577$64,002$63,440$62,893$62,358$61,681
2 years$31,969$31,373$30,796$30,237$29,694$29,013
3 years$21,101$20,503$19,927$19,373$18,839$18,174
4 years$15,668$15,072$14,502$13,957$13,436$12,793
5 years$12,409$11,816$11,254$10,720$10,214$9,594
6 years$10,237$9,649$9,095$8,573$8,082$7,486
7 years$8,686$8,103$7,558$7,049$6,573$6,002
8 years$7,524$6,946$6,410$5,913$5,453$4,906
9 years$6,620$6,048$5,521$5,036$4,592$4,070
10 years$5,898$5,331$4,813$4,341$3,913$3,414
11 years$5,307$4,746$4,237$3,778$3,365$2,890
12 years$4,815$4,259$3,761$3,314$2,916$2,464
13 years$4,399$3,849$3,360$2,926$2,543$2,113
14 years$4,043$3,499$3,019$2,597$2,229$1,822
15 years$3,734$3,196$2,726$2,316$1,963$1,576
16 years$3,465$2,933$2,471$2,074$1,735$1,369
17 years$3,227$2,701$2,249$1,863$1,538$1,192
18 years$3,016$2,496$2,053$1,679$1,368$1,041
19 years$2,827$2,313$1,879$1,517$1,219$911
20 years$2,658$2,149$1,725$1,374$1,089$798
21 years$2,505$2,002$1,586$1,247$974$701
22 years$2,366$1,869$1,462$1,134$873$616
23 years$2,239$1,748$1,350$1,033$784$543
24 years$2,123$1,638$1,248$942$705$478
25 years$2,016$1,537$1,156$860$634$422
26 years$1,918$1,444$1,072$787$571$372
27 years$1,827$1,359$996$720$515$329
28 years$1,743$1,281$926$660$465$291
29 years$1,665$1,208$861$605$420$257
30 years$1,592$1,141$802$555$379$227
31 years$1,524$1,079$748$510$343$201
32 years$1,460$1,021$698$469$310$178
33 years$1,400$967$652$431$281$158
34 years$1,344$916$609$396$254$140
35 years$1,292$869$569$365$230$124
36 years$1,242$825$533$336$208$110
37 years$1,195$783$498$310$189$98
38 years$1,151$744$467$285$171$86
39 years$1,109$708$437$263$155$77
40 years$1,069$674$410$243$141$68
41 years$1,031$641$384$224$128$60
42 years$996$611$361$207$116$54
43 years$962$582$338$191$105$48
44 years$929$555$318$176$96$42
45 years$898$529$298$163$87$37
46 years$869$504$280$150$79$33
47 years$841$481$263$139$72$30
48 years$814$460$247$128$65$26
49 years$788$439$232$119$59$23
50 years$764$419$219$110$54$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $782,000, adding $5,592 every year, while hoping to spend $30,154 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: 62/21/17 Blend
49$782,000$782,000$782,000$782,000
50$867,532$826,086$813,965$917,264
51$923,937$834,481$809,149$959,804
52$985,084$842,276$803,162$1,002,327
53$1,051,426$849,411$795,931$1,048,039
54$1,123,459$855,820$787,382$1,097,250
55$1,201,731$861,434$777,439$1,150,306
56$1,286,842$866,179$766,017$1,207,586
57$1,379,455$869,976$753,034$1,269,512
58$1,480,296$872,742$738,397$1,336,545
59$1,590,168$874,388$722,015$1,409,197
60$1,709,951$874,819$703,789$1,488,034
61$1,840,617$873,936$683,616$1,573,676
62$1,983,232$871,631$661,389$1,666,813
63$2,138,972$867,791$636,996$1,768,202
64$2,309,131$862,297$610,320$1,878,681
65$2,495,134$855,022$581,238$1,999,173
66$2,698,550$845,829$549,621$2,130,698
67$2,921,104$834,577$515,335$2,274,381
68$3,164,699$821,114$478,242$2,431,463
69$3,431,429$805,279$438,193$2,603,315
70$3,723,598$786,901$395,036$2,791,446
71$4,043,747$765,801$348,612$2,997,524
72$4,394,673$741,789$298,753$3,223,389
73$4,779,454$714,661$245,286$3,471,071
74$5,201,483$684,204$188,028$3,742,807
75$5,664,497$650,192$126,789$4,041,069
76$6,172,610$612,387$61,372$4,368,579
77$6,730,357$570,535$0$4,728,344
78$7,342,731$524,368$0$5,125,210
79$8,015,231$473,604$0$5,573,281
80$8,753,919$417,944$0$6,065,488
81$9,565,468$357,073$0$6,606,322
82$10,457,233$290,657$0$7,200,733
83$11,437,314$218,342$0$7,854,179
84$12,514,637$139,758$0$8,572,675
85$13,699,035$54,511$0$9,362,853
86$15,001,340$0$0$10,232,021
87$16,433,488$0$0$11,196,978
88$18,008,629$0$0$12,272,199
89$19,741,250$0$0$13,454,986
90$21,647,314$0$0$14,756,245
91$23,744,409$0$0$16,187,992
92$26,051,914$0$0$17,763,464
93$28,591,179$0$0$19,497,250
94$31,385,732$0$0$21,405,423
95$34,461,494$0$0$23,505,692
96$37,847,028$0$0$25,817,571
97$41,573,806$0$0$28,362,562
98$45,676,506$0$0$31,164,357
99$50,193,340$0$0$34,249,064
100$55,166,413$0$0$37,645,448