Can I retire at age 50 with 790,000?

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 $790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$65,237$64,656$64,089$63,536$62,996$62,054
2 years$32,296$31,694$31,111$30,546$29,998$29,052
3 years$21,317$20,713$20,131$19,571$19,032$18,110
4 years$15,828$15,226$14,650$14,100$13,574$12,684
5 years$12,536$11,937$11,369$10,830$10,319$9,463
6 years$10,342$9,748$9,188$8,661$8,165$7,344
7 years$8,775$8,186$7,635$7,121$6,640$5,855
8 years$7,601$7,017$6,475$5,973$5,509$4,759
9 years$6,688$6,110$5,577$5,088$4,639$3,924
10 years$5,958$5,385$4,862$4,386$3,953$3,272
11 years$5,361$4,794$4,281$3,817$3,399$2,753
12 years$4,864$4,303$3,799$3,348$2,946$2,332
13 years$4,444$3,889$3,394$2,956$2,569$1,987
14 years$4,084$3,535$3,050$2,624$2,252$1,701
15 years$3,772$3,229$2,753$2,340$1,983$1,462
16 years$3,500$2,963$2,496$2,095$1,752$1,261
17 years$3,260$2,728$2,272$1,883$1,554$1,091
18 years$3,047$2,521$2,074$1,697$1,382$945
19 years$2,856$2,337$1,898$1,533$1,231$821
20 years$2,685$2,171$1,742$1,388$1,100$715
21 years$2,530$2,022$1,603$1,260$984$623
22 years$2,390$1,888$1,477$1,146$882$543
23 years$2,262$1,766$1,364$1,043$792$475
24 years$2,144$1,654$1,261$952$712$415
25 years$2,037$1,553$1,168$869$641$363
26 years$1,938$1,459$1,083$795$577$318
27 years$1,846$1,373$1,006$727$520$279
28 years$1,761$1,294$935$666$469$244
29 years$1,682$1,221$870$611$424$214
30 years$1,608$1,153$811$561$383$188
31 years$1,539$1,090$756$515$346$165
32 years$1,475$1,031$705$473$313$145
33 years$1,415$977$658$435$283$127
34 years$1,358$926$615$401$257$112
35 years$1,305$878$575$369$232$98
36 years$1,255$833$538$340$211$87
37 years$1,207$791$504$313$191$76
38 years$1,163$752$472$288$173$67
39 years$1,120$715$442$266$157$59
40 years$1,080$680$414$245$142$52
41 years$1,042$648$388$226$129$46
42 years$1,006$617$364$209$117$40
43 years$971$588$342$193$106$35
44 years$939$560$321$178$97$31
45 years$907$534$301$164$88$27
46 years$878$510$283$152$80$24
47 years$849$486$266$140$72$21
48 years$822$464$250$130$66$19
49 years$796$443$235$120$60$16
50 years$771$424$221$111$54$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $790,000, adding $3,326 every year, while hoping to spend $25,673 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: 52/26/22 Blend
49$790,000$790,000$790,000$790,000
50$874,011$832,141$819,896$913,970
51$935,844$845,600$820,046$955,357
52$1,003,124$858,858$819,342$997,430
53$1,076,379$871,878$817,726$1,042,656
54$1,156,190$884,621$815,140$1,091,346
55$1,243,197$897,043$811,524$1,143,840
56$1,338,106$909,101$806,812$1,200,514
57$1,441,690$920,744$800,937$1,261,786
58$1,554,803$931,921$793,830$1,328,112
59$1,678,385$942,577$785,415$1,400,001
60$1,813,469$952,653$775,615$1,478,010
61$1,961,195$962,084$764,350$1,562,757
62$2,122,815$970,805$751,534$1,654,922
63$2,299,710$978,742$737,079$1,755,257
64$2,493,400$985,820$720,890$1,864,590
65$2,705,559$991,957$702,872$1,983,836
66$2,938,029$997,067$682,922$2,114,006
67$3,192,842$1,001,056$660,933$2,256,212
68$3,472,232$1,003,828$636,794$2,411,685
69$3,778,662$1,005,278$610,389$2,581,780
70$4,114,844$1,005,295$581,596$2,767,994
71$4,483,765$1,003,762$550,287$2,971,977
72$4,888,717$1,000,554$516,329$3,195,552
73$5,333,323$995,539$479,583$3,440,727
74$5,821,577$988,575$439,904$3,709,719
75$6,357,877$979,514$397,140$4,004,974
76$6,947,067$968,198$351,131$4,329,189
77$7,594,488$954,458$301,714$4,685,340
78$8,306,017$938,119$248,713$5,076,709
79$9,088,135$918,991$191,949$5,506,916
80$9,947,979$896,875$131,233$5,979,953
81$10,893,411$871,560$66,368$6,500,226
82$11,933,095$842,823$0$7,072,590
83$13,076,577$810,428$0$7,703,073
84$14,334,373$774,124$0$8,413,581
85$15,718,070$733,647$0$9,195,085
86$17,240,433$688,716$0$10,054,825
87$18,915,530$639,036$0$11,000,780
88$20,758,859$584,293$0$12,041,746
89$22,787,497$524,158$0$13,187,417
90$25,020,260$458,280$0$14,448,480
91$27,477,880$386,289$0$15,836,716
92$30,183,203$307,796$0$17,365,107
93$33,161,400$222,388$0$19,047,965
94$36,440,207$129,630$0$20,901,066
95$40,050,188$29,061$0$22,941,796
96$44,025,018$0$0$25,189,322
97$48,401,807$0$0$27,687,600
98$53,221,445$0$0$30,447,915
99$58,528,990$0$0$33,487,772
100$64,374,092$0$0$36,835,621