Can I retire at age 50 with 778,000?

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 $778,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$64,247$63,674$63,116$62,571$62,039$60,222
2 years$31,805$31,213$30,639$30,082$29,542$27,726
3 years$20,993$20,398$19,825$19,274$18,743$16,985
4 years$15,588$14,995$14,428$13,886$13,368$11,681
5 years$12,346$11,756$11,197$10,666$10,162$8,552
6 years$10,185$9,600$9,048$8,529$8,041$6,508
7 years$8,642$8,062$7,519$7,012$6,539$5,084
8 years$7,485$6,910$6,377$5,883$5,425$4,047
9 years$6,586$6,017$5,492$5,011$4,569$3,265
10 years$5,867$5,303$4,788$4,319$3,893$2,663
11 years$5,280$4,721$4,216$3,759$3,348$2,190
12 years$4,790$4,238$3,741$3,297$2,901$1,812
13 years$4,376$3,830$3,343$2,911$2,530$1,507
14 years$4,022$3,481$3,003$2,584$2,218$1,259
15 years$3,715$3,180$2,712$2,304$1,953$1,056
16 years$3,447$2,918$2,458$2,063$1,726$887
17 years$3,210$2,687$2,237$1,854$1,530$748
18 years$3,000$2,483$2,042$1,671$1,361$631
19 years$2,813$2,301$1,870$1,510$1,213$534
20 years$2,644$2,138$1,716$1,367$1,083$452
21 years$2,492$1,992$1,578$1,241$969$383
22 years$2,353$1,859$1,455$1,128$869$325
23 years$2,227$1,739$1,343$1,028$780$276
24 years$2,112$1,629$1,242$937$701$235
25 years$2,006$1,529$1,150$856$631$200
26 years$1,908$1,437$1,067$783$568$170
27 years$1,818$1,352$991$716$512$145
28 years$1,734$1,274$921$656$462$123
29 years$1,656$1,202$857$602$417$105
30 years$1,584$1,135$798$552$377$89
31 years$1,516$1,073$744$507$341$76
32 years$1,453$1,016$694$466$308$65
33 years$1,393$962$648$429$279$55
34 years$1,338$911$606$394$253$47
35 years$1,285$865$566$363$229$40
36 years$1,236$821$530$334$207$34
37 years$1,189$779$496$308$188$29
38 years$1,145$741$464$284$170$25
39 years$1,103$704$435$262$155$21
40 years$1,064$670$408$242$140$18
41 years$1,026$638$382$223$127$15
42 years$991$607$359$206$115$13
43 years$957$579$337$190$105$11
44 years$924$552$316$175$95$10
45 years$894$526$297$162$86$8
46 years$864$502$279$150$78$7
47 years$836$479$262$138$71$6
48 years$810$457$246$128$65$5
49 years$784$437$231$118$59$4
50 years$760$417$217$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $778,000, adding $4,341 every year, while hoping to spend $28,944 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: 69/17/14 Blend
49$778,000$778,000$778,000$778,000
50$861,834$820,600$808,541$918,273
51$918,945$830,013$804,831$965,783
52$980,911$838,917$800,026$1,013,874
53$1,048,197$847,257$794,060$1,065,744
54$1,121,314$854,974$786,862$1,121,762
55$1,200,824$862,004$778,358$1,182,332
56$1,287,346$868,280$768,471$1,247,902
57$1,381,561$873,731$757,120$1,318,965
58$1,484,216$878,281$744,221$1,396,065
59$1,596,138$881,848$729,684$1,479,801
60$1,718,232$884,347$713,416$1,570,835
61$1,851,498$885,685$695,321$1,669,895
62$1,997,034$885,767$675,298$1,777,785
63$2,156,049$884,488$653,239$1,895,391
64$2,329,878$881,739$629,033$2,023,691
65$2,519,984$877,403$602,565$2,163,763
66$2,727,984$871,358$573,713$2,316,794
67$2,955,656$863,471$542,349$2,484,096
68$3,204,956$853,605$508,341$2,667,111
69$3,478,042$841,612$471,551$2,867,435
70$3,777,287$827,336$431,832$3,086,824
71$4,105,306$810,611$389,035$3,327,214
72$4,464,980$791,263$343,000$3,590,742
73$4,859,479$769,107$293,562$3,879,762
74$5,292,298$743,945$240,548$4,196,872
75$5,767,285$715,571$183,779$4,544,934
76$6,288,679$683,765$123,066$4,927,105
77$6,861,148$648,293$58,213$5,346,866
78$7,489,837$608,911$0$5,808,054
79$8,180,410$565,358$0$6,316,543
80$8,939,111$517,359$0$6,884,742
81$9,772,814$464,623$0$7,509,123
82$10,689,095$406,844$0$8,195,390
83$11,696,300$343,696$0$8,949,832
84$12,803,622$274,837$0$9,779,377
85$14,021,192$199,905$0$10,691,665
86$15,360,169$118,516$0$11,695,112
87$16,832,850$30,266$0$12,798,995
88$18,452,781$0$0$14,013,540
89$20,234,889$0$0$15,362,225
90$22,195,620$0$0$16,852,370
91$24,353,093$0$0$18,492,091
92$26,727,275$0$0$20,296,567
93$29,340,164$0$0$22,282,527
94$32,215,999$0$0$24,468,398
95$35,381,487$0$0$26,874,490
96$38,866,058$0$0$29,523,179
97$42,702,139$0$0$32,439,119
98$46,925,460$0$0$35,649,480
99$51,575,392$0$0$39,184,197
100$56,695,319$0$0$43,076,257