Can I retire at age 50 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$62,843$62,283$61,737$61,204$60,683$60,250
2 years$31,110$30,531$29,969$29,425$28,897$28,460
3 years$20,534$19,952$19,392$18,853$18,333$17,907
4 years$15,247$14,667$14,112$13,582$13,075$12,662
5 years$12,076$11,499$10,952$10,433$9,940$9,541
6 years$9,962$9,390$8,851$8,343$7,865$7,481
7 years$8,453$7,886$7,355$6,859$6,396$6,027
8 years$7,322$6,759$6,238$5,754$5,306$4,952
9 years$6,442$5,885$5,372$4,901$4,469$4,130
10 years$5,739$5,188$4,684$4,225$3,808$3,483
11 years$5,164$4,618$4,124$3,677$3,275$2,965
12 years$4,686$4,145$3,660$3,225$2,838$2,543
13 years$4,281$3,746$3,270$2,847$2,475$2,193
14 years$3,934$3,405$2,938$2,528$2,169$1,902
15 years$3,634$3,110$2,652$2,254$1,910$1,656
16 years$3,372$2,854$2,405$2,018$1,688$1,447
17 years$3,140$2,628$2,188$1,813$1,497$1,268
18 years$2,935$2,429$1,998$1,634$1,331$1,114
19 years$2,751$2,251$1,829$1,477$1,186$981
20 years$2,586$2,092$1,678$1,337$1,060$866
21 years$2,437$1,948$1,544$1,214$948$765
22 years$2,302$1,819$1,423$1,104$850$677
23 years$2,179$1,701$1,314$1,005$763$600
24 years$2,066$1,594$1,215$917$686$533
25 years$1,962$1,496$1,125$837$617$473
26 years$1,866$1,406$1,044$765$556$421
27 years$1,778$1,323$969$701$501$374
28 years$1,696$1,246$901$642$452$333
29 years$1,620$1,176$838$589$408$297
30 years$1,549$1,111$781$540$369$265
31 years$1,483$1,050$728$496$334$236
32 years$1,421$993$679$456$302$210
33 years$1,363$941$634$419$273$188
34 years$1,308$892$593$386$247$168
35 years$1,257$846$554$355$224$150
36 years$1,209$803$518$327$203$134
37 years$1,163$762$485$301$184$120
38 years$1,120$724$454$278$167$107
39 years$1,079$689$426$256$151$95
40 years$1,040$655$399$236$137$85
41 years$1,004$624$374$218$124$76
42 years$969$594$351$201$113$68
43 years$936$566$329$186$102$61
44 years$904$540$309$171$93$55
45 years$874$515$290$158$84$49
46 years$845$491$273$146$77$44
47 years$818$468$256$135$70$39
48 years$792$447$241$125$63$35
49 years$767$427$226$115$57$31
50 years$743$408$213$107$52$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $761,000, adding $6,192 every year, while hoping to spend $45,614 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: 44/38/18 Blend
49$761,000$761,000$761,000$761,000
50$845,009$804,676$792,881$877,543
51$882,667$795,572$770,909$891,905
52$922,637$784,494$746,673$902,468
53$965,108$771,295$720,048$912,956
54$1,010,283$755,823$690,904$923,385
55$1,058,389$737,915$659,106$933,773
56$1,109,671$717,399$624,512$944,146
57$1,164,398$694,093$586,974$954,532
58$1,222,866$667,803$546,338$964,971
59$1,285,399$638,325$502,440$975,507
60$1,352,350$605,444$455,112$986,195
61$1,424,109$568,930$404,178$997,100
62$1,501,104$528,543$349,453$1,008,298
63$1,583,801$484,026$290,744$1,019,879
64$1,672,715$435,110$227,851$1,031,947
65$1,768,411$381,509$160,563$1,044,623
66$1,871,507$322,921$88,660$1,058,046
67$1,982,685$259,029$11,914$1,072,377
68$2,102,692$189,494$0$1,087,801
69$2,232,350$113,963$0$1,117,968
70$2,372,561$32,058$0$1,152,994
71$2,524,317$0$0$1,190,909
72$2,688,710$0$0$1,255,751
73$2,866,939$0$0$1,340,660
74$3,060,323$0$0$1,432,870
75$3,270,311$0$0$1,533,082
76$3,498,501$0$0$1,642,069
77$3,746,646$0$0$1,760,679
78$4,016,678$0$0$1,889,849
79$4,310,722$0$0$2,030,605
80$4,631,114$0$0$2,184,080
81$4,980,429$0$0$2,351,520
82$5,361,497$0$0$2,534,296
83$5,777,436$0$0$2,733,917
84$6,231,676$0$0$2,952,044
85$6,727,994$0$0$3,190,507
86$7,270,549$0$0$3,451,321
87$7,863,917$0$0$3,736,701
88$8,513,140$0$0$4,049,091
89$9,223,768$0$0$4,391,179
90$10,001,911$0$0$4,765,926
91$10,854,300$0$0$5,176,593
92$11,788,348$0$0$5,626,771
93$12,812,216$0$0$6,120,416
94$13,934,894$0$0$6,661,883
95$15,166,284$0$0$7,255,971
96$16,517,292$0$0$7,907,965
97$17,999,930$0$0$8,623,687
98$19,627,430$0$0$9,409,550
99$21,414,368$0$0$10,272,617
100$23,376,799$0$0$11,220,671