Can I retire at age 50 with 763,000?

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 $763,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$63,008$62,447$61,899$61,365$60,843$60,308
2 years$31,192$30,611$30,048$29,502$28,973$28,434
3 years$20,588$20,005$19,443$18,902$18,381$17,855
4 years$15,287$14,706$14,150$13,618$13,110$12,600
5 years$12,107$11,529$10,981$10,460$9,966$9,474
6 years$9,988$9,415$8,874$8,365$7,886$7,413
7 years$8,475$7,906$7,374$6,877$6,413$5,959
8 years$7,341$6,777$6,254$5,769$5,320$4,885
9 years$6,459$5,901$5,387$4,914$4,480$4,064
10 years$5,754$5,201$4,696$4,236$3,818$3,420
11 years$5,178$4,630$4,134$3,687$3,283$2,904
12 years$4,698$4,156$3,669$3,234$2,845$2,484
13 years$4,292$3,756$3,278$2,855$2,481$2,137
14 years$3,944$3,414$2,945$2,534$2,175$1,848
15 years$3,643$3,119$2,659$2,260$1,915$1,605
16 years$3,380$2,861$2,411$2,024$1,692$1,398
17 years$3,148$2,635$2,194$1,818$1,501$1,222
18 years$2,943$2,435$2,003$1,639$1,334$1,071
19 years$2,759$2,257$1,834$1,481$1,189$940
20 years$2,593$2,097$1,683$1,341$1,062$827
21 years$2,444$1,953$1,548$1,217$951$729
22 years$2,308$1,823$1,426$1,107$852$643
23 years$2,184$1,705$1,317$1,008$765$569
24 years$2,071$1,598$1,218$919$688$503
25 years$1,967$1,499$1,128$839$619$445
26 years$1,871$1,409$1,046$767$557$395
27 years$1,783$1,326$972$703$502$350
28 years$1,701$1,250$903$644$453$311
29 years$1,624$1,179$841$590$409$276
30 years$1,553$1,113$783$542$370$245
31 years$1,487$1,053$730$497$334$218
32 years$1,425$996$681$457$302$194
33 years$1,366$943$636$420$274$172
34 years$1,312$894$594$387$248$153
35 years$1,260$848$555$356$224$136
36 years$1,212$805$520$328$203$121
37 years$1,166$764$486$302$184$108
38 years$1,123$726$455$279$167$96
39 years$1,082$691$427$257$152$86
40 years$1,043$657$400$237$137$76
41 years$1,006$626$375$219$125$68
42 years$971$596$352$202$113$61
43 years$938$568$330$186$103$54
44 years$907$541$310$172$93$48
45 years$876$516$291$159$85$43
46 years$848$492$273$147$77$38
47 years$820$470$257$135$70$34
48 years$794$448$241$125$63$30
49 years$769$428$227$116$58$27
50 years$745$409$213$107$52$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $763,000, adding $6,574 every year, while hoping to spend $59,381 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: 34/41/25 Blend
49$763,000$763,000$763,000$763,000
50$847,607$807,168$795,342$869,805
51$870,882$783,538$758,805$863,340
52$894,541$756,761$719,053$850,542
53$918,560$726,618$675,918$835,562
54$942,912$692,881$629,219$818,244
55$967,563$655,306$578,772$798,424
56$992,475$613,637$524,382$775,926
57$1,017,605$567,602$465,846$750,565
58$1,042,900$516,915$402,952$722,143
59$1,068,303$461,271$335,478$690,452
60$1,093,747$400,349$263,193$655,268
61$1,119,154$333,812$185,855$616,354
62$1,144,440$261,300$103,213$573,460
63$1,169,505$182,436$15,003$526,319
64$1,194,239$96,820$0$474,645
65$1,218,517$4,030$0$439,246
66$1,242,200$0$0$404,335
67$1,265,129$0$0$409,126
68$1,287,128$0$0$415,324
69$1,307,999$0$0$421,036
70$1,327,521$0$0$426,175
71$1,345,446$0$0$430,648
72$1,361,499$0$0$434,349
73$1,375,373$0$0$437,160
74$1,386,723$0$0$438,950
75$1,395,170$0$0$439,576
76$1,400,289$0$0$438,874
77$1,401,609$0$0$436,666
78$1,398,606$0$0$432,754
79$1,390,699$0$0$426,916
80$1,377,242$0$0$418,908
81$1,357,521$0$0$408,460
82$1,330,742$0$0$395,270
83$1,296,026$0$0$379,008
84$1,252,399$0$0$359,305
85$1,198,785$0$0$335,753
86$1,133,989$0$0$307,903
87$1,056,690$0$0$275,256
88$965,430$0$0$237,261
89$858,590$0$0$193,310
90$734,386$0$0$142,729
91$590,842$0$0$84,774
92$425,775$0$0$18,624
93$236,773$0$0$0
94$21,171$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0