Can I retire at age 50 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$64,577$64,002$63,440$62,893$62,358$60,097
2 years$31,969$31,373$30,796$30,237$29,694$27,442
3 years$21,101$20,503$19,927$19,373$18,839$16,666
4 years$15,668$15,072$14,502$13,957$13,436$11,358
5 years$12,409$11,816$11,254$10,720$10,214$8,236
6 years$10,237$9,649$9,095$8,573$8,082$6,207
7 years$8,686$8,103$7,558$7,049$6,573$4,799
8 years$7,524$6,946$6,410$5,913$5,453$3,779
9 years$6,620$6,048$5,521$5,036$4,592$3,016
10 years$5,898$5,331$4,813$4,341$3,913$2,432
11 years$5,307$4,746$4,237$3,778$3,365$1,977
12 years$4,815$4,259$3,761$3,314$2,916$1,616
13 years$4,399$3,849$3,360$2,926$2,543$1,328
14 years$4,043$3,499$3,019$2,597$2,229$1,096
15 years$3,734$3,196$2,726$2,316$1,963$907
16 years$3,465$2,933$2,471$2,074$1,735$753
17 years$3,227$2,701$2,249$1,863$1,538$626
18 years$3,016$2,496$2,053$1,679$1,368$521
19 years$2,827$2,313$1,879$1,517$1,219$435
20 years$2,658$2,149$1,725$1,374$1,089$363
21 years$2,505$2,002$1,586$1,247$974$304
22 years$2,366$1,869$1,462$1,134$873$254
23 years$2,239$1,748$1,350$1,033$784$213
24 years$2,123$1,638$1,248$942$705$178
25 years$2,016$1,537$1,156$860$634$149
26 years$1,918$1,444$1,072$787$571$125
27 years$1,827$1,359$996$720$515$105
28 years$1,743$1,281$926$660$465$88
29 years$1,665$1,208$861$605$420$74
30 years$1,592$1,141$802$555$379$62
31 years$1,524$1,079$748$510$343$52
32 years$1,460$1,021$698$469$310$44
33 years$1,400$967$652$431$281$37
34 years$1,344$916$609$396$254$31
35 years$1,292$869$569$365$230$26
36 years$1,242$825$533$336$208$22
37 years$1,195$783$498$310$189$18
38 years$1,151$744$467$285$171$15
39 years$1,109$708$437$263$155$13
40 years$1,069$674$410$243$141$11
41 years$1,031$641$384$224$128$9
42 years$996$611$361$207$116$8
43 years$962$582$338$191$105$6
44 years$929$555$318$176$96$5
45 years$898$529$298$163$87$5
46 years$869$504$280$150$79$4
47 years$841$481$263$139$72$3
48 years$814$460$247$128$65$3
49 years$788$439$232$119$59$2
50 years$764$419$219$110$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $782,000, adding $4,034 every year, while hoping to spend $41,647 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: 69/24/7 Blend
49$782,000$782,000$782,000$782,000
50$865,925$824,479$812,358$924,421
51$909,937$820,566$795,260$959,761
52$957,043$815,066$776,193$992,933
53$1,007,514$807,857$755,048$1,028,087
54$1,061,647$798,809$731,709$1,065,408
55$1,119,770$787,786$706,057$1,105,102
56$1,182,242$774,642$677,965$1,147,396
57$1,249,456$759,225$647,301$1,192,542
58$1,321,844$741,371$613,930$1,240,817
59$1,399,882$720,907$577,706$1,292,530
60$1,484,090$697,652$538,480$1,348,019
61$1,575,042$671,412$496,094$1,407,660
62$1,673,369$641,984$450,385$1,471,871
63$1,779,761$609,149$401,182$1,541,109
64$1,894,980$572,681$348,305$1,615,884
65$2,019,862$532,337$291,567$1,696,757
66$2,155,328$487,861$230,774$1,784,349
67$2,302,388$438,983$165,722$1,879,347
68$2,462,156$385,418$96,198$1,982,509
69$2,635,856$326,863$21,980$2,094,676
70$2,824,833$262,999$0$2,216,772
71$3,030,570$193,490$0$2,354,098
72$3,254,697$117,979$0$2,505,540
73$3,499,007$36,091$0$2,670,725
74$3,765,475$0$0$2,851,055
75$4,056,274$0$0$3,061,958
76$4,373,797$0$0$3,302,692
77$4,720,676$0$0$3,565,726
78$5,099,811$0$0$3,853,263
79$5,514,393$0$0$4,167,730
80$5,967,935$0$0$4,511,798
81$6,464,308$0$0$4,888,407
82$7,007,771$0$0$5,300,798
83$7,603,017$0$0$5,752,536
84$8,255,212$0$0$6,247,550
85$8,970,047$0$0$6,790,165
86$9,753,788$0$0$7,385,147
87$10,613,338$0$0$8,037,741
88$11,556,299$0$0$8,753,728
89$12,591,045$0$0$9,539,474
90$13,726,799$0$0$10,401,992
91$14,973,721$0$0$11,349,005
92$16,343,003$0$0$12,389,023
93$17,846,973$0$0$13,531,420
94$19,499,214$0$0$14,786,520
95$21,314,686$0$0$16,165,699
96$23,309,872$0$0$17,681,490
97$25,502,932$0$0$19,347,699
98$27,913,871$0$0$21,179,535
99$30,564,730$0$0$23,193,758
100$33,479,790$0$0$25,408,830