Can I retire at age 50 with 785,000?

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 $785,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$64,825$64,247$63,684$63,134$62,597$61,358
2 years$32,091$31,494$30,914$30,353$29,808$28,565
3 years$21,182$20,581$20,004$19,447$18,911$17,703
4 years$15,728$15,130$14,558$14,011$13,488$12,324
5 years$12,457$11,862$11,297$10,762$10,253$9,136
6 years$10,276$9,686$9,130$8,606$8,113$7,045
7 years$8,720$8,134$7,587$7,076$6,598$5,579
8 years$7,553$6,973$6,434$5,936$5,474$4,503
9 years$6,646$6,071$5,542$5,056$4,610$3,687
10 years$5,920$5,351$4,832$4,358$3,928$3,052
11 years$5,327$4,764$4,254$3,793$3,378$2,548
12 years$4,833$4,276$3,775$3,327$2,927$2,142
13 years$4,416$3,864$3,373$2,937$2,553$1,811
14 years$4,058$3,512$3,030$2,607$2,238$1,538
15 years$3,749$3,209$2,736$2,325$1,970$1,311
16 years$3,478$2,944$2,481$2,082$1,741$1,121
17 years$3,239$2,711$2,257$1,871$1,544$961
18 years$3,027$2,505$2,061$1,686$1,373$826
19 years$2,838$2,322$1,886$1,523$1,224$711
20 years$2,668$2,158$1,731$1,380$1,093$613
21 years$2,514$2,010$1,592$1,252$978$530
22 years$2,375$1,876$1,468$1,138$877$458
23 years$2,247$1,755$1,355$1,037$787$396
24 years$2,131$1,644$1,253$946$707$343
25 years$2,024$1,543$1,161$864$636$298
26 years$1,925$1,450$1,077$790$573$258
27 years$1,834$1,365$1,000$723$517$224
28 years$1,750$1,286$929$662$466$195
29 years$1,671$1,213$865$607$421$169
30 years$1,598$1,146$806$557$381$147
31 years$1,530$1,083$751$512$344$128
32 years$1,466$1,025$701$470$311$111
33 years$1,406$970$654$433$282$97
34 years$1,350$920$611$398$255$84
35 years$1,297$872$571$366$231$73
36 years$1,247$828$535$337$209$64
37 years$1,200$786$500$311$190$55
38 years$1,155$747$469$287$172$48
39 years$1,113$711$439$264$156$42
40 years$1,073$676$411$244$141$36
41 years$1,035$644$386$225$128$32
42 years$999$613$362$208$116$28
43 years$965$584$340$192$106$24
44 years$933$557$319$177$96$21
45 years$902$531$299$163$87$18
46 years$872$506$281$151$79$16
47 years$844$483$264$139$72$14
48 years$817$461$248$129$65$12
49 years$791$441$233$119$59$11
50 years$766$421$219$110$54$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $785,000, adding $5,978 every year, while hoping to spend $20,065 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: 88/7/5 Blend
49$785,000$785,000$785,000$785,000
50$871,236$829,631$817,464$947,467
51$938,753$848,934$823,500$1,017,282
52$1,012,485$868,511$829,066$1,090,573
53$1,093,043$888,352$834,124$1,170,479
54$1,181,103$908,451$838,637$1,257,653
55$1,277,406$928,796$842,562$1,352,811
56$1,382,772$949,377$845,858$1,456,744
57$1,498,099$970,181$848,479$1,570,322
58$1,624,380$991,195$850,377$1,694,502
59$1,762,706$1,012,402$851,504$1,830,339
60$1,914,279$1,033,787$851,807$1,978,996
61$2,080,423$1,055,331$851,230$2,141,753
62$2,262,598$1,077,013$849,718$2,320,020
63$2,462,408$1,098,812$847,208$2,515,348
64$2,681,623$1,120,703$843,639$2,729,450
65$2,922,191$1,142,661$838,944$2,964,209
66$3,186,260$1,164,656$833,054$3,221,701
67$3,476,192$1,186,658$825,895$3,504,213
68$3,794,594$1,208,634$817,392$3,814,265
69$4,144,332$1,230,547$807,465$4,154,632
70$4,528,569$1,252,359$796,030$4,528,371
71$4,950,786$1,274,027$782,999$4,938,853
72$5,414,818$1,295,507$768,282$5,389,788
73$5,924,891$1,316,749$751,782$5,885,267
74$6,485,662$1,337,701$733,398$6,429,795
75$7,102,259$1,358,308$713,026$7,028,336
76$7,780,333$1,378,509$690,556$7,686,362
77$8,526,111$1,398,239$665,874$8,409,899
78$9,346,451$1,417,430$638,858$9,205,589
79$10,248,913$1,436,008$609,383$10,080,748
80$11,241,823$1,453,893$577,318$11,043,441
81$12,334,357$1,471,002$542,527$12,102,552
82$13,536,624$1,487,244$504,864$13,267,871
83$14,859,764$1,502,523$464,181$14,550,185
84$16,316,049$1,516,736$420,320$15,961,382
85$17,919,005$1,529,774$373,119$17,514,560
86$19,683,531$1,541,521$322,407$19,224,152
87$21,626,048$1,551,852$268,004$21,106,063
88$23,764,647$1,560,636$209,725$23,177,820
89$26,119,265$1,567,731$147,375$25,458,734
90$28,711,869$1,572,989$80,751$27,970,088
91$31,566,665$1,576,250$9,640$30,735,333
92$34,710,324$1,577,345$0$33,780,311
93$38,172,238$1,576,096$0$37,137,034
94$41,984,793$1,572,312$0$40,834,127
95$46,183,677$1,565,790$0$44,905,668
96$50,808,215$1,556,317$0$49,389,778
97$55,901,740$1,543,664$0$54,328,463
98$61,512,005$1,527,590$0$59,768,014
99$67,691,627$1,507,840$0$65,759,439
100$74,498,591$1,484,142$0$72,358,949