Can I retire at age 50 with 785,000?

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 $785,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$64,825$64,247$63,684$63,134$62,597$60,400
2 years$32,091$31,494$30,914$30,353$29,808$27,618
3 years$21,182$20,581$20,004$19,447$18,911$16,797
4 years$15,728$15,130$14,558$14,011$13,488$11,465
5 years$12,457$11,862$11,297$10,762$10,253$8,327
6 years$10,276$9,686$9,130$8,606$8,113$6,285
7 years$8,720$8,134$7,587$7,076$6,598$4,868
8 years$7,553$6,973$6,434$5,936$5,474$3,840
9 years$6,646$6,071$5,542$5,056$4,610$3,071
10 years$5,920$5,351$4,832$4,358$3,928$2,481
11 years$5,327$4,764$4,254$3,793$3,378$2,020
12 years$4,833$4,276$3,775$3,327$2,927$1,655
13 years$4,416$3,864$3,373$2,937$2,553$1,363
14 years$4,058$3,512$3,030$2,607$2,238$1,127
15 years$3,749$3,209$2,736$2,325$1,970$935
16 years$3,478$2,944$2,481$2,082$1,741$777
17 years$3,239$2,711$2,257$1,871$1,544$648
18 years$3,027$2,505$2,061$1,686$1,373$541
19 years$2,838$2,322$1,886$1,523$1,224$452
20 years$2,668$2,158$1,731$1,380$1,093$379
21 years$2,514$2,010$1,592$1,252$978$317
22 years$2,375$1,876$1,468$1,138$877$266
23 years$2,247$1,755$1,355$1,037$787$223
24 years$2,131$1,644$1,253$946$707$188
25 years$2,024$1,543$1,161$864$636$158
26 years$1,925$1,450$1,077$790$573$133
27 years$1,834$1,365$1,000$723$517$111
28 years$1,750$1,286$929$662$466$94
29 years$1,671$1,213$865$607$421$79
30 years$1,598$1,146$806$557$381$66
31 years$1,530$1,083$751$512$344$56
32 years$1,466$1,025$701$470$311$47
33 years$1,406$970$654$433$282$40
34 years$1,350$920$611$398$255$33
35 years$1,297$872$571$366$231$28
36 years$1,247$828$535$337$209$24
37 years$1,200$786$500$311$190$20
38 years$1,155$747$469$287$172$17
39 years$1,113$711$439$264$156$14
40 years$1,073$676$411$244$141$12
41 years$1,035$644$386$225$128$10
42 years$999$613$362$208$116$8
43 years$965$584$340$192$106$7
44 years$933$557$319$177$96$6
45 years$902$531$299$163$87$5
46 years$872$506$281$151$79$4
47 years$844$483$264$139$72$4
48 years$817$461$248$129$65$3
49 years$791$441$233$119$59$3
50 years$766$421$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 $785,000, adding $3,945 every year, while hoping to spend $34,666 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: 82/7/11 Blend
49$785,000$785,000$785,000$785,000
50$869,139$827,534$815,367$938,481
51$920,907$831,199$805,797$988,158
52$976,793$833,882$794,745$1,037,705
53$1,037,182$835,497$782,124$1,091,067
54$1,102,493$835,956$767,845$1,148,608
55$1,173,192$835,161$751,812$1,210,728
56$1,249,786$833,013$733,926$1,277,870
57$1,332,836$829,403$714,084$1,350,520
58$1,422,958$824,216$692,179$1,429,213
59$1,520,828$817,331$668,095$1,514,540
60$1,627,192$808,620$641,716$1,607,152
61$1,742,870$797,946$612,918$1,707,764
62$1,868,762$785,165$581,570$1,817,167
63$2,005,861$770,124$547,538$1,936,230
64$2,155,259$752,660$510,680$2,065,912
65$2,318,156$732,601$470,849$2,207,269
66$2,495,875$709,765$427,889$2,361,466
67$2,689,871$683,961$381,641$2,529,784
68$2,901,747$654,984$331,935$2,713,638
69$3,133,266$622,618$278,595$2,914,585
70$3,386,368$586,636$221,437$3,134,343
71$3,663,193$546,797$160,271$3,374,804
72$3,966,094$502,845$94,895$3,638,054
73$4,297,662$454,511$25,100$3,926,390
74$4,660,752$401,510$0$4,242,347
75$5,058,505$343,540$0$4,594,513
76$5,494,383$280,285$0$4,983,689
77$5,972,199$211,407$0$5,410,347
78$6,496,149$136,552$0$5,878,253
79$7,070,858$55,344$0$6,391,558
80$7,701,418$0$0$6,954,836
81$8,393,439$0$0$7,575,636
82$9,153,101$0$0$8,261,813
83$9,987,210$0$0$9,015,253
84$10,903,263$0$0$9,842,734
85$11,909,520$0$0$10,751,716
86$13,015,080$0$0$11,750,423
87$14,229,967$0$0$12,847,913
88$15,565,225$0$0$14,054,163
89$17,033,018$0$0$15,380,166
90$18,646,750$0$0$16,838,036
91$20,421,189$0$0$18,441,115
92$22,372,603$0$0$20,204,104
93$24,518,918$0$0$22,143,200
94$26,879,883$0$0$24,276,251
95$29,477,257$0$0$26,622,917
96$32,335,016$0$0$29,204,864
97$35,479,575$0$0$32,045,961
98$38,940,040$0$0$35,172,510
99$42,748,482$0$0$38,613,489
100$46,940,236$0$0$42,400,829