Can I retire at age 50 with 784,000?

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 $784,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$64,742$64,165$63,603$63,053$62,517$61,056
2 years$32,050$31,454$30,875$30,314$29,770$28,306
3 years$21,155$20,555$19,978$19,423$18,887$17,466
4 years$15,708$15,110$14,539$13,993$13,471$12,103
5 years$12,441$11,847$11,283$10,748$10,240$8,931
6 years$10,263$9,674$9,118$8,595$8,103$6,853
7 years$8,709$8,124$7,577$7,067$6,590$5,399
8 years$7,543$6,964$6,426$5,928$5,467$4,335
9 years$6,637$6,063$5,535$5,049$4,604$3,530
10 years$5,913$5,344$4,825$4,353$3,923$2,906
11 years$5,320$4,758$4,248$3,788$3,374$2,412
12 years$4,827$4,270$3,770$3,323$2,924$2,016
13 years$4,410$3,859$3,368$2,933$2,549$1,694
14 years$4,053$3,508$3,027$2,604$2,235$1,430
15 years$3,744$3,204$2,733$2,322$1,968$1,211
16 years$3,473$2,940$2,477$2,079$1,739$1,029
17 years$3,235$2,708$2,254$1,868$1,542$877
18 years$3,024$2,502$2,058$1,684$1,371$749
19 years$2,835$2,319$1,884$1,521$1,222$640
20 years$2,665$2,155$1,729$1,378$1,092$548
21 years$2,511$2,007$1,590$1,250$977$470
22 years$2,372$1,874$1,466$1,137$876$404
23 years$2,244$1,752$1,353$1,035$786$347
24 years$2,128$1,642$1,252$944$706$298
25 years$2,021$1,541$1,159$862$636$257
26 years$1,923$1,448$1,075$789$573$221
27 years$1,832$1,363$998$722$516$191
28 years$1,747$1,284$928$661$466$164
29 years$1,669$1,211$864$606$421$142
30 years$1,596$1,144$805$557$380$122
31 years$1,528$1,082$750$511$344$105
32 years$1,464$1,023$700$470$311$91
33 years$1,404$969$653$432$281$79
34 years$1,348$919$610$397$255$68
35 years$1,295$871$571$366$231$59
36 years$1,245$827$534$337$209$51
37 years$1,198$785$500$311$189$44
38 years$1,154$746$468$286$172$38
39 years$1,112$710$438$264$156$33
40 years$1,072$675$411$243$141$28
41 years$1,034$643$385$225$128$24
42 years$998$612$361$207$116$21
43 years$964$583$339$191$106$18
44 years$932$556$318$177$96$16
45 years$901$530$299$163$87$14
46 years$871$506$281$151$79$12
47 years$843$483$264$139$72$10
48 years$816$461$248$129$65$9
49 years$790$440$233$119$59$8
50 years$765$420$219$110$54$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $784,000, adding $4,955 every year, while hoping to spend $59,425 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: 66/27/7 Blend
49$784,000$784,000$784,000$784,000
50$869,079$827,527$815,375$925,044
51$894,497$804,848$779,462$940,174
52$920,517$779,066$740,355$949,133
53$947,136$749,967$697,883$957,349
54$974,350$717,322$651,869$964,744
55$1,002,155$680,892$602,128$971,231
56$1,030,542$640,422$548,466$976,720
57$1,059,498$595,644$490,680$981,109
58$1,089,008$546,272$428,559$984,294
59$1,119,054$492,006$361,883$986,159
60$1,149,612$432,529$290,421$986,580
61$1,180,654$367,505$213,932$985,426
62$1,212,146$296,578$132,164$982,552
63$1,244,050$219,375$44,856$977,805
64$1,276,317$135,499$0$971,021
65$1,308,896$44,532$0$965,629
66$1,341,722$0$0$961,639
67$1,374,726$0$0$971,547
68$1,407,824$0$0$994,728
69$1,440,925$0$0$1,017,883
70$1,473,920$0$0$1,040,932
71$1,506,692$0$0$1,063,788
72$1,539,102$0$0$1,086,351
73$1,570,998$0$0$1,108,508
74$1,602,207$0$0$1,130,132
75$1,632,535$0$0$1,151,082
76$1,661,763$0$0$1,171,197
77$1,689,649$0$0$1,190,300
78$1,715,917$0$0$1,208,189
79$1,740,264$0$0$1,224,643
80$1,762,348$0$0$1,239,410
81$1,781,789$0$0$1,252,215
82$1,798,162$0$0$1,262,747
83$1,810,997$0$0$1,270,661
84$1,819,767$0$0$1,275,575
85$1,823,890$0$0$1,277,062
86$1,822,716$0$0$1,274,649
87$1,815,525$0$0$1,267,811
88$1,801,518$0$0$1,255,965
89$1,779,808$0$0$1,238,463
90$1,749,410$0$0$1,214,590
91$1,709,237$0$0$1,183,551
92$1,658,079$0$0$1,144,465
93$1,594,600$0$0$1,096,358
94$1,517,319$0$0$1,038,153
95$1,424,598$0$0$968,654
96$1,314,623$0$0$886,541
97$1,185,390$0$0$790,354
98$1,034,680$0$0$678,478
99$860,041$0$0$549,127
100$658,764$0$0$400,327