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%19.4%
1 years$64,825$64,247$63,684$63,134$62,597$60,232
2 years$32,091$31,494$30,914$30,353$29,808$27,453
3 years$21,182$20,581$20,004$19,447$18,911$16,640
4 years$15,728$15,130$14,558$14,011$13,488$11,318
5 years$12,457$11,862$11,297$10,762$10,253$8,190
6 years$10,276$9,686$9,130$8,606$8,113$6,158
7 years$8,720$8,134$7,587$7,076$6,598$4,751
8 years$7,553$6,973$6,434$5,936$5,474$3,732
9 years$6,646$6,071$5,542$5,056$4,610$2,972
10 years$5,920$5,351$4,832$4,358$3,928$2,390
11 years$5,327$4,764$4,254$3,793$3,378$1,937
12 years$4,833$4,276$3,775$3,327$2,927$1,580
13 years$4,416$3,864$3,373$2,937$2,553$1,295
14 years$4,058$3,512$3,030$2,607$2,238$1,065
15 years$3,749$3,209$2,736$2,325$1,970$879
16 years$3,478$2,944$2,481$2,082$1,741$727
17 years$3,239$2,711$2,257$1,871$1,544$603
18 years$3,027$2,505$2,061$1,686$1,373$501
19 years$2,838$2,322$1,886$1,523$1,224$417
20 years$2,668$2,158$1,731$1,380$1,093$347
21 years$2,514$2,010$1,592$1,252$978$289
22 years$2,375$1,876$1,468$1,138$877$241
23 years$2,247$1,755$1,355$1,037$787$201
24 years$2,131$1,644$1,253$946$707$168
25 years$2,024$1,543$1,161$864$636$141
26 years$1,925$1,450$1,077$790$573$117
27 years$1,834$1,365$1,000$723$517$98
28 years$1,750$1,286$929$662$466$82
29 years$1,671$1,213$865$607$421$69
30 years$1,598$1,146$806$557$381$57
31 years$1,530$1,083$751$512$344$48
32 years$1,466$1,025$701$470$311$40
33 years$1,406$970$654$433$282$34
34 years$1,350$920$611$398$255$28
35 years$1,297$872$571$366$231$24
36 years$1,247$828$535$337$209$20
37 years$1,200$786$500$311$190$17
38 years$1,155$747$469$287$172$14
39 years$1,113$711$439$264$156$12
40 years$1,073$676$411$244$141$10
41 years$1,035$644$386$225$128$8
42 years$999$613$362$208$116$7
43 years$965$584$340$192$106$6
44 years$933$557$319$177$96$5
45 years$902$531$299$163$87$4
46 years$872$506$281$151$79$3
47 years$844$483$264$139$72$3
48 years$817$461$248$129$65$2
49 years$791$441$233$119$59$2
50 years$766$421$219$110$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $785,000, adding $3,559 every year, while hoping to spend $32,086 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: 74/18/8 Blend
49$785,000$785,000$785,000$785,000
50$868,741$827,136$814,969$931,683
51$923,213$833,527$808,131$980,034
52$982,167$839,155$799,989$1,028,592
53$1,046,024$843,949$790,464$1,080,881
54$1,115,250$847,835$779,477$1,137,258
55$1,190,357$850,730$766,941$1,198,120
56$1,271,908$852,550$752,768$1,263,900
57$1,360,521$853,204$736,864$1,335,080
58$1,456,877$852,594$719,132$1,412,188
59$1,561,726$850,618$699,470$1,495,807
60$1,675,890$847,167$677,771$1,586,581
61$1,800,278$842,125$653,923$1,685,217
62$1,935,887$835,370$627,810$1,792,496
63$2,083,816$826,771$599,310$1,909,280
64$2,245,273$816,191$568,295$2,036,519
65$2,421,589$803,483$534,631$2,175,259
66$2,614,230$788,492$498,180$2,326,653
67$2,824,807$771,054$458,795$2,491,975
68$3,055,097$750,995$416,324$2,672,626
69$3,307,055$728,132$370,608$2,870,154
70$3,582,833$702,269$321,482$3,086,264
71$3,884,801$673,199$268,772$3,322,835
72$4,215,571$640,706$212,295$3,581,940
73$4,578,017$604,558$151,865$3,865,865
74$4,975,305$564,512$87,282$4,177,129
75$5,410,921$520,308$18,342$4,518,510
76$5,888,707$471,675$0$4,893,070
77$6,412,891$418,323$0$5,308,901
78$6,988,134$359,949$0$5,766,988
79$7,619,567$296,230$0$6,269,889
80$8,312,844$226,826$0$6,822,148
81$9,074,191$151,378$0$7,428,777
82$9,910,469$69,506$0$8,095,297
83$10,829,235$0$0$8,827,797
84$11,838,813$0$0$9,636,786
85$12,948,376$0$0$10,541,060
86$14,168,028$0$0$11,535,092
87$15,508,900$0$0$12,627,958
88$16,983,257$0$0$13,829,661
89$18,604,610$0$0$15,151,217
90$20,387,846$0$0$16,604,765
91$22,349,368$0$0$18,203,682
92$24,507,247$0$0$19,962,703
93$26,881,394$0$0$21,898,065
94$29,493,748$0$0$24,027,657
95$32,368,482$0$0$26,371,192
96$35,532,228$0$0$28,950,388
97$39,014,336$0$0$31,789,175
98$42,847,139$0$0$34,913,924
99$47,066,269$0$0$38,353,687
100$51,710,985$0$0$42,140,480