Can I retire at age 50 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$63,834$63,265$62,710$62,169$61,640$59,787
2 years$31,601$31,012$30,442$29,889$29,352$27,501
3 years$20,858$20,267$19,698$19,150$18,622$16,831
4 years$15,488$14,898$14,335$13,797$13,282$11,563
5 years$12,266$11,680$11,125$10,597$10,096$8,456
6 years$10,119$9,538$8,990$8,475$7,989$6,429
7 years$8,586$8,010$7,471$6,967$6,497$5,016
8 years$7,437$6,866$6,336$5,845$5,390$3,988
9 years$6,544$5,978$5,457$4,978$4,539$3,214
10 years$5,830$5,269$4,758$4,291$3,868$2,618
11 years$5,246$4,691$4,189$3,735$3,326$2,150
12 years$4,759$4,210$3,717$3,276$2,882$1,777
13 years$4,348$3,805$3,321$2,892$2,514$1,476
14 years$3,996$3,459$2,984$2,567$2,203$1,231
15 years$3,691$3,160$2,694$2,290$1,940$1,031
16 years$3,425$2,899$2,443$2,050$1,715$865
17 years$3,190$2,670$2,223$1,842$1,520$728
18 years$2,981$2,467$2,029$1,660$1,352$614
19 years$2,795$2,286$1,858$1,500$1,205$518
20 years$2,627$2,125$1,705$1,359$1,076$438
21 years$2,476$1,979$1,568$1,233$963$371
22 years$2,338$1,847$1,445$1,121$863$314
23 years$2,213$1,728$1,334$1,021$775$267
24 years$2,098$1,619$1,234$931$697$226
25 years$1,993$1,519$1,143$850$627$192
26 years$1,896$1,428$1,060$778$565$163
27 years$1,806$1,344$984$712$509$139
28 years$1,723$1,266$915$652$459$118
29 years$1,646$1,194$852$598$415$100
30 years$1,573$1,128$793$549$375$85
31 years$1,506$1,066$739$504$339$73
32 years$1,443$1,009$690$463$306$62
33 years$1,384$956$644$426$277$53
34 years$1,329$906$602$392$251$45
35 years$1,277$859$563$361$227$38
36 years$1,228$815$526$332$206$32
37 years$1,181$774$493$306$187$28
38 years$1,138$736$461$282$169$23
39 years$1,096$700$432$260$154$20
40 years$1,057$666$405$240$139$17
41 years$1,020$634$380$221$126$14
42 years$984$604$356$204$115$12
43 years$950$575$334$189$104$11
44 years$918$548$314$174$94$9
45 years$888$523$295$161$86$8
46 years$859$499$277$149$78$6
47 years$831$476$260$137$71$6
48 years$804$454$244$127$64$5
49 years$779$434$230$117$58$4
50 years$755$414$216$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $773,000, adding $5,977 every year, while hoping to spend $24,662 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: 30/50/20 Blend
49$773,000$773,000$773,000$773,000
50$858,011$817,042$805,061$878,222
51$919,288$830,837$805,790$907,869
52$985,989$844,481$805,717$937,113
53$1,058,640$857,942$804,790$968,052
54$1,137,823$871,182$802,951$1,000,849
55$1,224,175$884,164$800,144$1,035,682
56$1,318,399$896,846$796,307$1,072,749
57$1,421,269$909,185$791,377$1,112,270
58$1,533,636$921,132$785,285$1,154,487
59$1,656,437$932,638$777,963$1,199,670
60$1,790,705$943,649$769,336$1,248,116
61$1,937,575$954,106$759,327$1,300,155
62$2,098,299$963,949$747,856$1,356,151
63$2,274,254$973,111$734,837$1,416,509
64$2,466,958$981,523$720,184$1,481,674
65$2,678,080$989,110$703,803$1,552,141
66$2,909,461$995,793$685,596$1,628,456
67$3,163,126$1,001,487$665,464$1,711,224
68$3,441,307$1,006,102$643,300$1,801,114
69$3,746,463$1,009,543$618,993$1,898,866
70$4,081,300$1,011,709$592,427$2,005,297
71$4,448,800$1,012,490$563,481$2,121,311
72$4,852,248$1,011,773$532,028$2,247,909
73$5,295,263$1,009,435$497,936$2,386,194
74$5,781,830$1,005,347$461,067$2,537,390
75$6,316,340$999,373$421,276$2,702,844
76$6,903,630$991,365$378,412$2,884,050
77$7,549,028$981,171$332,317$3,082,655
78$8,258,407$968,625$282,827$3,300,480
79$9,038,232$953,555$229,770$3,539,537
80$9,895,629$935,777$172,965$3,802,048
81$10,838,449$915,097$112,225$4,090,468
82$11,875,341$891,306$47,355$4,407,508
83$13,015,834$864,189$0$4,756,160
84$14,270,428$833,512$0$5,144,400
85$15,650,690$799,033$0$5,582,296
86$17,169,365$760,491$0$6,063,812
87$18,840,499$717,613$0$6,593,444
88$20,679,564$670,110$0$7,176,158
89$22,703,609$617,675$0$7,817,428
90$24,931,421$559,985$0$8,523,295
91$27,383,699$496,697$0$9,300,422
92$30,083,251$427,451$0$10,156,160
93$33,055,210$351,863$0$11,098,617
94$36,327,268$269,531$0$12,136,735
95$39,929,939$180,028$0$13,280,380
96$43,896,847$82,904$0$14,540,429
97$48,265,043$0$0$15,928,883
98$53,075,352$0$0$17,471,253
99$58,372,762$0$0$19,220,200
100$64,206,846$0$0$21,146,496