Can I retire at age 50 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$63,586$63,019$62,467$61,928$61,401$60,014
2 years$31,478$30,892$30,324$29,773$29,239$27,849
3 years$20,777$20,188$19,621$19,076$18,550$17,201
4 years$15,427$14,840$14,279$13,743$13,230$11,932
5 years$12,219$11,635$11,081$10,556$10,057$8,813
6 years$10,080$9,501$8,955$8,442$7,958$6,770
7 years$8,553$7,979$7,442$6,940$6,472$5,340
8 years$7,408$6,839$6,311$5,822$5,369$4,293
9 years$6,519$5,955$5,436$4,959$4,522$3,500
10 years$5,807$5,249$4,739$4,275$3,853$2,884
11 years$5,225$4,673$4,172$3,720$3,313$2,398
12 years$4,741$4,194$3,703$3,263$2,871$2,006
13 years$4,331$3,790$3,308$2,881$2,504$1,688
14 years$3,981$3,445$2,972$2,557$2,195$1,427
15 years$3,677$3,147$2,684$2,281$1,933$1,211
16 years$3,411$2,888$2,433$2,042$1,708$1,030
17 years$3,177$2,659$2,214$1,835$1,514$879
18 years$2,970$2,457$2,021$1,654$1,347$751
19 years$2,784$2,277$1,850$1,494$1,200$644
20 years$2,617$2,116$1,698$1,353$1,072$552
21 years$2,466$1,971$1,562$1,228$959$474
22 years$2,329$1,840$1,440$1,117$860$408
23 years$2,204$1,721$1,329$1,017$772$351
24 years$2,090$1,612$1,229$928$694$302
25 years$1,985$1,513$1,139$847$624$261
26 years$1,888$1,422$1,056$775$562$225
27 years$1,799$1,338$981$709$507$194
28 years$1,716$1,261$912$650$457$168
29 years$1,639$1,190$848$596$413$145
30 years$1,567$1,124$790$547$373$125
31 years$1,500$1,062$737$502$337$108
32 years$1,438$1,005$687$461$305$93
33 years$1,379$952$642$424$276$81
34 years$1,324$902$600$390$250$70
35 years$1,272$856$561$359$227$60
36 years$1,223$812$524$331$205$52
37 years$1,177$771$491$305$186$45
38 years$1,133$733$460$281$169$39
39 years$1,092$697$431$259$153$34
40 years$1,053$663$404$239$139$29
41 years$1,016$631$378$221$126$25
42 years$980$601$355$204$114$22
43 years$947$573$333$188$104$19
44 years$915$546$313$173$94$16
45 years$884$521$294$160$85$14
46 years$855$497$276$148$78$12
47 years$828$474$259$137$70$11
48 years$801$453$243$126$64$9
49 years$776$432$229$117$58$8
50 years$752$413$215$108$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $770,000, adding $6,374 every year, while hoping to spend $58,458 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: 56/15/29 Blend
49$770,000$770,000$770,000$770,000
50$855,115$814,305$802,370$895,834
51$880,138$792,007$767,050$902,284
52$905,754$766,657$728,588$902,721
53$931,961$738,044$686,817$902,022
54$958,758$705,945$641,562$900,099
55$986,137$670,122$592,640$896,855
56$1,014,091$630,326$539,861$892,190
57$1,042,608$586,292$483,027$885,995
58$1,071,674$537,740$421,928$878,156
59$1,101,270$484,375$356,348$868,549
60$1,131,375$425,884$286,061$857,043
61$1,161,959$361,937$210,828$843,500
62$1,192,992$292,185$130,404$827,769
63$1,224,435$216,259$44,529$809,692
64$1,256,241$133,770$0$789,100
65$1,288,360$44,307$0$780,390
66$1,320,730$0$0$784,441
67$1,353,283$0$0$796,022
68$1,385,937$0$0$814,942
69$1,418,603$0$0$833,829
70$1,451,177$0$0$852,620
71$1,483,541$0$0$871,241
72$1,515,564$0$0$889,607
73$1,547,094$0$0$907,627
74$1,577,965$0$0$925,194
75$1,607,986$0$0$942,189
76$1,636,945$0$0$958,481
77$1,664,603$0$0$973,921
78$1,690,694$0$0$988,342
79$1,714,920$0$0$1,001,559
80$1,736,948$0$0$1,013,365
81$1,756,407$0$0$1,023,530
82$1,772,882$0$0$1,031,795
83$1,785,914$0$0$1,037,875
84$1,794,989$0$0$1,041,452
85$1,799,538$0$0$1,042,171
86$1,798,926$0$0$1,039,641
87$1,792,451$0$0$1,033,423
88$1,779,332$0$0$1,023,036
89$1,758,702$0$0$1,007,942
90$1,729,601$0$0$987,545
91$1,690,964$0$0$961,187
92$1,641,612$0$0$928,137
93$1,580,238$0$0$887,587
94$1,505,397$0$0$838,641
95$1,415,487$0$0$780,309
96$1,308,737$0$0$711,495
97$1,183,188$0$0$630,988
98$1,036,673$0$0$537,446
99$866,797$0$0$429,390
100$670,912$0$0$305,181