Can I retire at age 50 with 766,000?

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 $766,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$63,256$62,692$62,142$61,606$61,082$59,365
2 years$31,315$30,731$30,166$29,618$29,087$27,370
3 years$20,669$20,083$19,520$18,977$18,454$16,791
4 years$15,347$14,763$14,205$13,672$13,161$11,565
5 years$12,155$11,575$11,024$10,501$10,005$8,480
6 years$10,028$9,452$8,909$8,398$7,917$6,464
7 years$8,509$7,937$7,403$6,904$6,438$5,058
8 years$7,370$6,804$6,279$5,792$5,341$4,033
9 years$6,485$5,924$5,408$4,933$4,498$3,261
10 years$5,777$5,222$4,715$4,253$3,833$2,664
11 years$5,198$4,649$4,151$3,701$3,296$2,195
12 years$4,716$4,172$3,684$3,246$2,856$1,820
13 years$4,309$3,771$3,291$2,866$2,491$1,517
14 years$3,960$3,427$2,957$2,544$2,183$1,270
15 years$3,658$3,131$2,670$2,269$1,922$1,067
16 years$3,394$2,873$2,421$2,032$1,699$899
17 years$3,161$2,646$2,203$1,825$1,507$759
18 years$2,954$2,445$2,011$1,645$1,340$642
19 years$2,769$2,266$1,841$1,486$1,194$544
20 years$2,603$2,105$1,689$1,346$1,066$462
21 years$2,453$1,961$1,554$1,222$954$393
22 years$2,317$1,831$1,432$1,111$855$334
23 years$2,193$1,712$1,322$1,012$768$284
24 years$2,079$1,604$1,223$923$690$242
25 years$1,975$1,505$1,133$843$621$206
26 years$1,879$1,415$1,050$771$559$176
27 years$1,790$1,331$975$705$504$150
28 years$1,707$1,255$907$646$455$128
29 years$1,631$1,184$844$593$411$110
30 years$1,559$1,118$786$544$371$94
31 years$1,493$1,057$733$499$336$80
32 years$1,430$1,000$684$459$304$68
33 years$1,372$947$638$422$275$58
34 years$1,317$897$596$388$249$50
35 years$1,265$851$558$358$225$43
36 years$1,217$808$522$329$204$36
37 years$1,171$767$488$303$185$31
38 years$1,127$729$457$280$168$27
39 years$1,086$693$428$258$152$23
40 years$1,047$660$402$238$138$19
41 years$1,010$628$377$219$125$17
42 years$975$598$353$202$114$14
43 years$942$570$331$187$103$12
44 years$910$543$311$173$94$10
45 years$880$518$292$159$85$9
46 years$851$494$274$147$77$8
47 years$823$472$258$136$70$7
48 years$797$450$242$126$64$6
49 years$772$430$228$116$58$5
50 years$748$411$214$107$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $766,000, adding $3,216 every year, while hoping to spend $38,027 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: 50/22/28 Blend
49$766,000$766,000$766,000$766,000
50$847,449$806,851$794,978$882,964
51$893,429$805,927$781,150$907,199
52$942,823$803,682$765,583$929,484
53$995,942$800,013$748,181$952,963
54$1,053,122$794,808$728,839$977,768
55$1,114,736$787,949$707,451$1,004,044
56$1,181,192$779,311$683,903$1,031,956
57$1,252,938$768,762$658,078$1,061,687
58$1,330,467$756,161$629,853$1,093,438
59$1,414,321$741,358$599,099$1,127,439
60$1,505,094$724,197$565,681$1,163,940
61$1,603,441$704,510$529,459$1,203,224
62$1,710,081$682,121$490,285$1,245,603
63$1,825,806$656,842$448,007$1,291,427
64$1,951,486$628,474$402,463$1,341,082
65$2,088,078$596,810$353,486$1,394,999
66$2,236,635$561,627$300,900$1,453,657
67$2,398,315$522,690$244,524$1,517,587
68$2,574,393$479,751$184,165$1,587,380
69$2,766,272$432,550$119,625$1,663,689
70$2,975,495$380,808$50,696$1,747,241
71$3,203,762$324,234$0$1,838,844
72$3,452,941$262,517$0$1,946,220
73$3,725,093$195,332$0$2,080,137
74$4,022,482$122,333$0$2,226,601
75$4,347,604$43,156$0$2,386,903
76$4,703,206$0$0$2,562,468
77$5,092,311$0$0$2,765,175
78$5,518,251$0$0$2,998,586
79$5,984,692$0$0$3,254,273
80$6,495,673$0$0$3,534,460
81$7,055,641$0$0$3,841,595
82$7,669,495$0$0$4,178,377
83$8,342,628$0$0$4,547,777
84$9,080,982$0$0$4,953,066
85$9,891,101$0$0$5,397,849
86$10,780,194$0$0$5,886,097
87$11,756,201$0$0$6,422,183
88$12,827,868$0$0$7,010,924
89$14,004,830$0$0$7,657,627
90$15,297,701$0$0$8,368,139
91$16,718,172$0$0$9,148,900
92$18,279,125$0$0$10,007,007
93$19,994,749$0$0$10,950,275
94$21,880,679$0$0$11,987,317
95$23,954,137$0$0$13,127,620
96$26,234,098$0$0$14,381,640
97$28,741,470$0$0$15,760,891
98$31,499,287$0$0$17,278,064
99$34,532,925$0$0$18,947,141
100$37,870,346$0$0$20,783,524