Can I retire at age 50 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$63,751$63,183$62,629$62,088$61,560$60,615
2 years$31,560$30,972$30,403$29,850$29,314$28,365
3 years$20,831$20,241$19,672$19,125$18,598$17,673
4 years$15,468$14,879$14,316$13,779$13,264$12,371
5 years$12,250$11,665$11,110$10,583$10,083$9,225
6 years$10,106$9,526$8,979$8,464$7,979$7,156
7 years$8,575$8,000$7,461$6,958$6,489$5,701
8 years$7,428$6,857$6,328$5,837$5,383$4,631
9 years$6,535$5,970$5,450$4,972$4,533$3,817
10 years$5,822$5,263$4,752$4,286$3,863$3,181
11 years$5,239$4,685$4,183$3,730$3,322$2,674
12 years$4,753$4,205$3,712$3,272$2,879$2,264
13 years$4,343$3,800$3,317$2,888$2,510$1,928
14 years$3,991$3,454$2,980$2,564$2,201$1,649
15 years$3,686$3,155$2,691$2,287$1,938$1,417
16 years$3,420$2,895$2,440$2,047$1,712$1,221
17 years$3,186$2,666$2,220$1,840$1,518$1,055
18 years$2,977$2,464$2,026$1,658$1,350$914
19 years$2,791$2,283$1,855$1,498$1,203$793
20 years$2,624$2,122$1,703$1,357$1,075$690
21 years$2,473$1,976$1,566$1,231$962$601
22 years$2,335$1,845$1,443$1,120$862$524
23 years$2,210$1,725$1,333$1,020$774$457
24 years$2,096$1,617$1,232$930$696$399
25 years$1,990$1,517$1,142$849$626$349
26 years$1,893$1,426$1,059$777$564$306
27 years$1,804$1,342$983$711$508$268
28 years$1,721$1,264$914$651$459$234
29 years$1,643$1,193$850$597$414$206
30 years$1,571$1,127$792$548$374$180
31 years$1,504$1,065$739$503$338$158
32 years$1,441$1,008$689$463$306$139
33 years$1,383$954$643$425$277$122
34 years$1,327$904$601$391$251$107
35 years$1,275$858$562$360$227$94
36 years$1,226$814$526$332$206$82
37 years$1,180$773$492$306$187$72
38 years$1,136$735$461$282$169$64
39 years$1,095$699$432$260$153$56
40 years$1,055$665$405$240$139$49
41 years$1,018$633$379$221$126$43
42 years$983$603$356$204$115$38
43 years$949$574$334$188$104$33
44 years$917$547$314$174$94$29
45 years$887$522$294$161$86$26
46 years$858$498$276$148$78$23
47 years$830$475$260$137$71$20
48 years$803$454$244$127$64$18
49 years$778$433$229$117$58$15
50 years$754$414$216$108$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $772,000, adding $3,643 every year, while hoping to spend $56,418 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: 65/5/30 Blend
49$772,000$772,000$772,000$772,000
50$854,502$813,586$801,620$902,998
51$881,633$793,423$768,446$916,115
52$909,640$770,382$732,269$923,901
53$938,554$744,261$692,931$931,199
54$968,404$714,848$650,262$937,967
55$999,225$681,919$604,089$944,164
56$1,031,048$645,235$554,229$949,745
57$1,063,910$604,546$500,490$954,662
58$1,097,845$559,586$442,673$958,865
59$1,132,893$510,073$380,570$962,303
60$1,169,092$455,711$313,964$964,920
61$1,206,484$396,185$242,626$966,661
62$1,245,111$331,164$166,320$967,464
63$1,285,019$260,297$84,798$967,266
64$1,326,254$183,214$0$966,003
65$1,368,865$99,525$0$964,309
66$1,412,903$8,816$0$990,420
67$1,458,422$0$0$1,017,181
68$1,505,478$0$0$1,049,521
69$1,554,130$0$0$1,083,461
70$1,604,440$0$0$1,118,561
71$1,656,474$0$0$1,154,866
72$1,710,298$0$0$1,192,423
73$1,765,986$0$0$1,231,283
74$1,823,613$0$0$1,271,500
75$1,883,259$0$0$1,313,130
76$1,945,009$0$0$1,356,232
77$2,008,952$0$0$1,400,869
78$2,075,181$0$0$1,447,108
79$2,143,797$0$0$1,495,018
80$2,214,906$0$0$1,544,675
81$2,288,620$0$0$1,596,158
82$2,365,058$0$0$1,649,550
83$2,444,348$0$0$1,704,942
84$2,526,623$0$0$1,762,429
85$2,612,029$0$0$1,822,112
86$2,700,718$0$0$1,884,100
87$2,792,855$0$0$1,948,510
88$2,888,615$0$0$2,015,464
89$2,988,186$0$0$2,085,096
90$3,091,767$0$0$2,157,549
91$3,199,576$0$0$2,232,974
92$3,311,844$0$0$2,311,537
93$3,428,819$0$0$2,393,413
94$3,550,769$0$0$2,478,792
95$3,677,983$0$0$2,567,880
96$3,810,772$0$0$2,660,897
97$3,949,470$0$0$2,758,080
98$4,094,440$0$0$2,859,688
99$4,246,075$0$0$2,966,000
100$4,404,797$0$0$3,077,315