Can I retire at age 50 with 786,000?

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 $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%13.7%
1 years$64,907$64,329$63,765$63,214$62,677$61,715
2 years$32,132$31,534$30,954$30,392$29,846$28,879
3 years$21,209$20,608$20,029$19,472$18,936$17,994
4 years$15,748$15,149$14,576$14,029$13,505$12,596
5 years$12,472$11,877$11,312$10,775$10,266$9,392
6 years$10,289$9,698$9,142$8,617$8,123$7,285
7 years$8,731$8,145$7,597$7,085$6,606$5,805
8 years$7,562$6,981$6,443$5,943$5,481$4,715
9 years$6,654$6,079$5,549$5,062$4,616$3,886
10 years$5,928$5,358$4,838$4,364$3,933$3,238
11 years$5,334$4,770$4,259$3,798$3,382$2,723
12 years$4,839$4,281$3,780$3,331$2,931$2,305
13 years$4,421$3,869$3,377$2,941$2,556$1,963
14 years$4,063$3,517$3,034$2,611$2,240$1,679
15 years$3,753$3,213$2,740$2,328$1,973$1,442
16 years$3,482$2,948$2,484$2,085$1,743$1,243
17 years$3,243$2,715$2,260$1,873$1,546$1,074
18 years$3,031$2,508$2,063$1,688$1,375$931
19 years$2,842$2,325$1,889$1,525$1,225$808
20 years$2,671$2,160$1,733$1,381$1,094$702
21 years$2,517$2,012$1,594$1,254$979$612
22 years$2,378$1,878$1,469$1,140$878$533
23 years$2,250$1,757$1,357$1,038$788$465
24 years$2,134$1,646$1,255$947$708$407
25 years$2,026$1,545$1,162$865$637$356
26 years$1,928$1,452$1,078$791$574$311
27 years$1,836$1,366$1,001$724$518$272
28 years$1,752$1,287$930$663$467$239
29 years$1,673$1,215$866$608$422$209
30 years$1,600$1,147$807$558$381$183
31 years$1,532$1,084$752$512$344$161
32 years$1,468$1,026$702$471$312$141
33 years$1,408$972$655$433$282$124
34 years$1,351$921$612$399$255$109
35 years$1,298$873$572$367$231$96
36 years$1,248$829$535$338$210$84
37 years$1,201$787$501$311$190$74
38 years$1,157$748$469$287$172$65
39 years$1,115$712$440$265$156$57
40 years$1,075$677$412$244$142$50
41 years$1,037$644$386$225$128$44
42 years$1,001$614$362$208$117$39
43 years$966$585$340$192$106$34
44 years$934$557$319$177$96$30
45 years$903$532$300$164$87$26
46 years$873$507$282$151$79$23
47 years$845$484$264$140$72$20
48 years$818$462$249$129$65$18
49 years$792$441$234$119$59$16
50 years$767$421$220$110$54$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $786,000, adding $2,243 every year, while hoping to spend $37,288 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: 44/26/30 Blend
49$786,000$786,000$786,000$786,000
50$868,486$826,828$814,645$899,044
51$917,397$827,668$802,261$921,991
52$970,048$827,300$788,213$943,149
53$1,026,780$825,625$772,405$965,386
54$1,087,968$822,538$754,738$988,826
55$1,154,027$817,928$735,107$1,013,606
56$1,225,409$811,677$713,404$1,039,879
57$1,302,612$803,661$689,515$1,067,819
58$1,386,184$793,746$663,320$1,097,618
59$1,476,729$781,793$634,695$1,129,490
60$1,574,907$767,653$603,509$1,163,678
61$1,681,447$751,168$569,626$1,200,447
62$1,797,150$732,170$532,904$1,240,097
63$1,922,897$710,484$493,194$1,282,962
64$2,059,657$685,923$450,340$1,329,411
65$2,208,496$658,287$404,181$1,379,858
66$2,370,588$627,368$354,546$1,434,761
67$2,547,222$592,944$301,258$1,494,631
68$2,739,821$554,780$244,132$1,560,037
69$2,949,948$512,629$182,976$1,631,609
70$3,179,323$466,229$117,586$1,710,047
71$3,429,842$415,302$47,753$1,796,129
72$3,703,590$359,556$0$1,890,720
73$4,002,863$298,681$0$2,003,345
74$4,330,190$232,351$0$2,143,369
75$4,688,353$160,220$0$2,296,745
76$5,080,419$81,924$0$2,464,857
77$5,509,761$0$0$2,649,238
78$5,980,097$0$0$2,852,414
79$6,495,521$0$0$3,100,845
80$7,060,539$0$0$3,373,277
81$7,680,117$0$0$3,672,116
82$8,359,723$0$0$4,000,011
83$9,105,381$0$0$4,359,881
84$9,923,723$0$0$4,754,943
85$10,822,060$0$0$5,188,736
86$11,808,439$0$0$5,665,164
87$12,891,728$0$0$6,188,523
88$14,081,696$0$0$6,763,549
89$15,389,104$0$0$7,395,457
90$16,825,806$0$0$8,089,993
91$18,404,862$0$0$8,853,488
92$20,140,662$0$0$9,692,916
93$22,049,055$0$0$10,615,962
94$24,147,508$0$0$11,631,092
95$26,455,260$0$0$12,747,632
96$28,993,511$0$0$13,975,859
97$31,785,618$0$0$15,327,096
98$34,857,315$0$0$16,813,820
99$38,236,956$0$0$18,449,775
100$41,955,783$0$0$20,250,107