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%11.9%
1 years$64,825$64,247$63,684$63,134$62,597$62,098
2 years$32,091$31,494$30,914$30,353$29,808$29,306
3 years$21,182$20,581$20,004$19,447$18,911$18,420
4 years$15,728$15,130$14,558$14,011$13,488$13,012
5 years$12,457$11,862$11,297$10,762$10,253$9,794
6 years$10,276$9,686$9,130$8,606$8,113$7,671
7 years$8,720$8,134$7,587$7,076$6,598$6,174
8 years$7,553$6,973$6,434$5,936$5,474$5,067
9 years$6,646$6,071$5,542$5,056$4,610$4,221
10 years$5,920$5,351$4,832$4,358$3,928$3,556
11 years$5,327$4,764$4,254$3,793$3,378$3,023
12 years$4,833$4,276$3,775$3,327$2,927$2,589
13 years$4,416$3,864$3,373$2,937$2,553$2,230
14 years$4,058$3,512$3,030$2,607$2,238$1,931
15 years$3,749$3,209$2,736$2,325$1,970$1,679
16 years$3,478$2,944$2,481$2,082$1,741$1,465
17 years$3,239$2,711$2,257$1,871$1,544$1,282
18 years$3,027$2,505$2,061$1,686$1,373$1,125
19 years$2,838$2,322$1,886$1,523$1,224$990
20 years$2,668$2,158$1,731$1,380$1,093$872
21 years$2,514$2,010$1,592$1,252$978$770
22 years$2,375$1,876$1,468$1,138$877$680
23 years$2,247$1,755$1,355$1,037$787$602
24 years$2,131$1,644$1,253$946$707$533
25 years$2,024$1,543$1,161$864$636$473
26 years$1,925$1,450$1,077$790$573$420
27 years$1,834$1,365$1,000$723$517$373
28 years$1,750$1,286$929$662$466$331
29 years$1,671$1,213$865$607$421$295
30 years$1,598$1,146$806$557$381$262
31 years$1,530$1,083$751$512$344$234
32 years$1,466$1,025$701$470$311$208
33 years$1,406$970$654$433$282$185
34 years$1,350$920$611$398$255$165
35 years$1,297$872$571$366$231$147
36 years$1,247$828$535$337$209$131
37 years$1,200$786$500$311$190$117
38 years$1,155$747$469$287$172$105
39 years$1,113$711$439$264$156$93
40 years$1,073$676$411$244$141$83
41 years$1,035$644$386$225$128$74
42 years$999$613$362$208$116$66
43 years$965$584$340$192$106$59
44 years$933$557$319$177$96$53
45 years$902$531$299$163$87$47
46 years$872$506$281$151$79$42
47 years$844$483$264$139$72$38
48 years$817$461$248$129$65$34
49 years$791$441$233$119$59$30
50 years$766$421$219$110$54$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $785,000, adding $5,929 every year, while hoping to spend $22,471 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: 76/7/17 Blend
49$785,000$785,000$785,000$785,000
50$871,186$829,581$817,413$933,637
51$936,138$846,321$820,888$992,477
52$1,006,962$863,129$823,725$1,053,591
53$1,084,233$879,983$825,881$1,119,991
54$1,168,584$896,862$827,308$1,192,197
55$1,260,713$913,742$827,956$1,270,781
56$1,361,386$930,595$827,773$1,356,377
57$1,471,449$947,396$826,704$1,449,678
58$1,591,830$964,112$824,693$1,551,453
59$1,723,555$980,712$821,678$1,662,545
60$1,867,751$997,159$817,597$1,783,887
61$2,025,659$1,013,418$812,384$1,916,502
62$2,198,646$1,029,445$805,969$2,061,521
63$2,388,219$1,045,199$798,280$2,220,190
64$2,596,036$1,060,632$789,241$2,393,880
65$2,823,923$1,075,694$778,772$2,584,104
66$3,073,892$1,090,332$766,789$2,792,528
67$3,348,158$1,104,488$753,206$3,020,989
68$3,649,162$1,118,100$737,931$3,271,509
69$3,979,593$1,131,103$720,868$3,546,319
70$4,342,412$1,143,427$701,917$3,847,876
71$4,740,880$1,154,997$680,974$4,178,889
72$5,178,592$1,165,734$657,928$4,542,342
73$5,659,506$1,175,553$632,666$4,941,525
74$6,187,983$1,184,362$605,068$5,380,062
75$6,768,828$1,192,067$575,008$5,861,949
76$7,407,333$1,198,563$542,356$6,391,588
77$8,109,331$1,203,743$506,975$6,973,830
78$8,881,246$1,207,489$468,722$7,614,025
79$9,730,156$1,209,679$427,447$8,318,064
80$10,663,860$1,210,181$382,995$9,092,442
81$11,690,951$1,208,857$335,202$9,944,317
82$12,820,895$1,205,559$283,899$10,881,578
83$14,064,124$1,200,129$228,907$11,912,917
84$15,432,130$1,192,401$170,041$13,047,916
85$16,937,577$1,182,198$107,107$14,297,133
86$18,594,418$1,169,334$39,903$15,672,206
87$20,418,027$1,153,609$0$17,185,958
88$22,425,343$1,134,814$0$18,858,295
89$24,635,034$1,112,725$0$20,707,122
90$27,067,665$1,087,106$0$22,742,400
91$29,745,900$1,057,708$0$24,983,092
92$32,694,711$1,024,265$0$27,450,093
93$35,941,615$986,497$0$30,166,427
94$39,516,933$944,109$0$33,157,468
95$43,454,075$896,785$0$36,451,174
96$47,789,857$844,194$0$40,078,354
97$52,564,848$785,986$0$44,072,960
98$57,823,753$721,788$0$48,472,404
99$63,615,829$651,210$0$53,317,913
100$69,995,361$573,836$0$58,654,920