Can I retire at age 50 with 786,000?

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 $786,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$64,907$64,329$63,765$63,214$62,677$60,357
2 years$32,132$31,534$30,954$30,392$29,846$27,535
3 years$21,209$20,608$20,029$19,472$18,936$16,706
4 years$15,748$15,149$14,576$14,029$13,505$11,374
5 years$12,472$11,877$11,312$10,775$10,266$8,239
6 years$10,289$9,698$9,142$8,617$8,123$6,202
7 years$8,731$8,145$7,597$7,085$6,606$4,790
8 years$7,562$6,981$6,443$5,943$5,481$3,768
9 years$6,654$6,079$5,549$5,062$4,616$3,004
10 years$5,928$5,358$4,838$4,364$3,933$2,419
11 years$5,334$4,770$4,259$3,798$3,382$1,963
12 years$4,839$4,281$3,780$3,331$2,931$1,603
13 years$4,421$3,869$3,377$2,941$2,556$1,316
14 years$4,063$3,517$3,034$2,611$2,240$1,084
15 years$3,753$3,213$2,740$2,328$1,973$896
16 years$3,482$2,948$2,484$2,085$1,743$742
17 years$3,243$2,715$2,260$1,873$1,546$616
18 years$3,031$2,508$2,063$1,688$1,375$513
19 years$2,842$2,325$1,889$1,525$1,225$427
20 years$2,671$2,160$1,733$1,381$1,094$356
21 years$2,517$2,012$1,594$1,254$979$297
22 years$2,378$1,878$1,469$1,140$878$248
23 years$2,250$1,757$1,357$1,038$788$208
24 years$2,134$1,646$1,255$947$708$174
25 years$2,026$1,545$1,162$865$637$145
26 years$1,928$1,452$1,078$791$574$122
27 years$1,836$1,366$1,001$724$518$102
28 years$1,752$1,287$930$663$467$85
29 years$1,673$1,215$866$608$422$72
30 years$1,600$1,147$807$558$381$60
31 years$1,532$1,084$752$512$344$50
32 years$1,468$1,026$702$471$312$42
33 years$1,408$972$655$433$282$35
34 years$1,351$921$612$399$255$30
35 years$1,298$873$572$367$231$25
36 years$1,248$829$535$338$210$21
37 years$1,201$787$501$311$190$17
38 years$1,157$748$469$287$172$15
39 years$1,115$712$440$265$156$12
40 years$1,075$677$412$244$142$10
41 years$1,037$644$386$225$128$9
42 years$1,001$614$362$208$117$7
43 years$966$585$340$192$106$6
44 years$934$557$319$177$96$5
45 years$903$532$300$164$87$4
46 years$873$507$282$151$79$4
47 years$845$484$264$140$72$3
48 years$818$462$249$129$65$3
49 years$792$441$234$119$59$2
50 years$767$421$220$110$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $786,000, adding $4,801 every year, while hoping to spend $49,895 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: 72/12/16 Blend
49$786,000$786,000$786,000$786,000
50$871,124$829,466$817,283$930,325
51$906,891$817,022$791,574$957,801
52$944,634$802,296$763,332$981,365
53$984,501$785,124$732,418$1,005,870
54$1,026,656$765,330$698,690$1,031,399
55$1,071,275$742,732$661,996$1,058,045
56$1,118,552$717,133$622,180$1,085,910
57$1,168,699$688,326$579,078$1,115,110
58$1,221,947$656,095$532,517$1,145,773
59$1,278,547$620,206$482,319$1,178,040
60$1,338,778$580,415$428,296$1,212,069
61$1,402,942$536,464$370,252$1,248,036
62$1,471,370$488,078$307,983$1,286,135
63$1,544,426$434,970$241,277$1,326,584
64$1,622,507$376,833$169,909$1,369,622
65$1,706,050$313,345$93,648$1,415,518
66$1,795,533$244,165$12,251$1,464,567
67$1,891,480$168,931$0$1,517,099
68$1,994,467$87,265$0$1,586,218
69$2,105,125$0$0$1,662,650
70$2,224,148$0$0$1,744,960
71$2,352,297$0$0$1,846,016
72$2,490,407$0$0$1,954,956
73$2,639,398$0$0$2,072,508
74$2,800,276$0$0$2,199,473
75$2,974,152$0$0$2,336,728
76$3,162,243$0$0$2,485,239
77$3,365,888$0$0$2,646,069
78$3,586,559$0$0$2,820,385
79$3,825,876$0$0$3,009,470
80$4,085,617$0$0$3,214,737
81$4,367,742$0$0$3,437,736
82$4,674,403$0$0$3,680,178
83$5,007,969$0$0$3,943,939
84$5,371,048$0$0$4,231,089
85$5,766,508$0$0$4,543,901
86$6,197,504$0$0$4,884,879
87$6,667,510$0$0$5,256,778
88$7,180,350$0$0$5,662,630
89$7,740,231$0$0$6,105,774
90$8,351,785$0$0$6,589,883
91$9,020,113$0$0$7,119,003
92$9,750,828$0$0$7,697,588
93$10,550,112$0$0$8,330,540
94$11,424,771$0$0$9,023,258
95$12,382,299$0$0$9,781,689
96$13,430,950$0$0$10,612,378
97$14,579,811$0$0$11,522,536
98$15,838,892$0$0$12,520,102
99$17,219,215$0$0$13,613,822
100$18,732,921$0$0$14,813,326