Can I retire at age 50 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$64,329$63,756$63,197$62,651$62,119$60,106
2 years$31,846$31,253$30,678$30,121$29,580$27,572
3 years$21,020$20,424$19,851$19,299$18,767$16,825
4 years$15,608$15,014$14,446$13,904$13,385$11,525
5 years$12,361$11,771$11,211$10,679$10,175$8,401
6 years$10,198$9,612$9,060$8,540$8,051$6,366
7 years$8,653$8,072$7,529$7,021$6,548$4,950
8 years$7,495$6,919$6,385$5,890$5,432$3,922
9 years$6,595$6,025$5,500$5,017$4,574$3,149
10 years$5,875$5,310$4,795$4,325$3,898$2,555
11 years$5,286$4,727$4,221$3,764$3,352$2,090
12 years$4,796$4,243$3,746$3,301$2,905$1,721
13 years$4,382$3,835$3,347$2,915$2,533$1,424
14 years$4,027$3,485$3,007$2,587$2,221$1,183
15 years$3,720$3,184$2,715$2,307$1,955$986
16 years$3,451$2,921$2,462$2,066$1,728$824
17 years$3,215$2,690$2,240$1,856$1,532$690
18 years$3,004$2,486$2,045$1,673$1,362$579
19 years$2,816$2,304$1,872$1,512$1,214$487
20 years$2,648$2,141$1,718$1,369$1,085$410
21 years$2,495$1,994$1,580$1,243$971$345
22 years$2,356$1,862$1,456$1,130$870$291
23 years$2,230$1,741$1,345$1,029$781$246
24 years$2,115$1,631$1,244$938$702$208
25 years$2,008$1,531$1,152$857$632$175
26 years$1,911$1,439$1,068$784$569$148
27 years$1,820$1,354$992$717$513$125
28 years$1,736$1,276$922$657$463$106
29 years$1,658$1,204$858$603$418$90
30 years$1,586$1,137$799$553$378$76
31 years$1,518$1,075$745$508$341$64
32 years$1,455$1,017$695$467$309$54
33 years$1,395$963$649$429$279$46
34 years$1,339$913$607$395$253$39
35 years$1,287$866$567$364$229$33
36 years$1,237$822$531$335$208$28
37 years$1,191$780$497$309$188$24
38 years$1,146$742$465$284$171$20
39 years$1,105$705$436$262$155$17
40 years$1,065$671$408$242$140$14
41 years$1,027$639$383$223$127$12
42 years$992$608$359$206$116$10
43 years$958$580$337$190$105$9
44 years$926$552$316$176$95$7
45 years$895$527$297$162$86$6
46 years$865$503$279$150$78$5
47 years$837$480$262$138$71$5
48 years$811$458$246$128$65$4
49 years$785$437$232$118$59$3
50 years$761$418$218$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $779,000, adding $5,376 every year, while hoping to spend $47,515 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: 70/21/9 Blend
49$779,000$779,000$779,000$779,000
50$864,003$822,716$810,642$922,660
51$901,576$812,474$787,243$951,963
52$941,389$800,137$761,467$977,695
53$983,620$785,553$733,186$1,004,567
54$1,028,464$768,560$702,262$1,032,684
55$1,076,134$748,986$668,555$1,062,158
56$1,126,864$726,651$631,916$1,093,115
57$1,180,909$701,361$592,190$1,125,696
58$1,238,548$672,914$549,214$1,160,058
59$1,300,087$641,095$502,821$1,196,372
60$1,365,863$605,675$452,832$1,234,832
61$1,436,243$566,415$399,064$1,275,651
62$1,511,629$523,059$341,322$1,319,067
63$1,592,466$475,339$279,406$1,365,343
64$1,679,237$422,970$213,106$1,414,770
65$1,772,475$365,652$142,201$1,467,674
66$1,872,765$303,067$66,463$1,524,415
67$1,980,749$234,879$0$1,585,391
68$2,097,132$160,735$0$1,652,424
69$2,222,687$80,259$0$1,731,527
70$2,358,267$0$0$1,816,880
71$2,504,804$0$0$1,910,716
72$2,663,328$0$0$2,032,324
73$2,834,966$0$0$2,164,028
74$3,020,960$0$0$2,306,784
75$3,222,676$0$0$2,461,644
76$3,441,615$0$0$2,629,768
77$3,679,428$0$0$2,812,426
78$3,937,931$0$0$3,011,020
79$4,219,122$0$0$3,227,089
80$4,525,199$0$0$3,462,330
81$4,858,582$0$0$3,718,606
82$5,221,932$0$0$3,997,971
83$5,618,178$0$0$4,302,684
84$6,050,545$0$0$4,635,229
85$6,522,582$0$0$4,998,346
86$7,038,196$0$0$5,395,045
87$7,601,686$0$0$5,828,644
88$8,217,790$0$0$6,302,794
89$8,891,718$0$0$6,821,516
90$9,629,213$0$0$7,389,236
91$10,436,594$0$0$8,010,829
92$11,320,821$0$0$8,691,664
93$12,289,561$0$0$9,437,651
94$13,351,253$0$0$10,255,301
95$14,515,194$0$0$11,151,784
96$15,791,624$0$0$12,134,997
97$17,191,821$0$0$13,213,639
98$18,728,205$0$0$14,397,290
99$20,414,459$0$0$15,696,502
100$22,265,654$0$0$17,122,901