Can I retire at age 50 with 786,000?

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 $786,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$64,907$64,329$63,765$63,214$62,677$61,842
2 years$32,132$31,534$30,954$30,392$29,846$29,007
3 years$21,209$20,608$20,029$19,472$18,936$18,117
4 years$15,748$15,149$14,576$14,029$13,505$12,714
5 years$12,472$11,877$11,312$10,775$10,266$9,505
6 years$10,289$9,698$9,142$8,617$8,123$7,393
7 years$8,731$8,145$7,597$7,085$6,606$5,907
8 years$7,562$6,981$6,443$5,943$5,481$4,812
9 years$6,654$6,079$5,549$5,062$4,616$3,978
10 years$5,928$5,358$4,838$4,364$3,933$3,325
11 years$5,334$4,770$4,259$3,798$3,382$2,804
12 years$4,839$4,281$3,780$3,331$2,931$2,382
13 years$4,421$3,869$3,377$2,941$2,556$2,035
14 years$4,063$3,517$3,034$2,611$2,240$1,747
15 years$3,753$3,213$2,740$2,328$1,973$1,505
16 years$3,482$2,948$2,484$2,085$1,743$1,302
17 years$3,243$2,715$2,260$1,873$1,546$1,129
18 years$3,031$2,508$2,063$1,688$1,375$982
19 years$2,842$2,325$1,889$1,525$1,225$855
20 years$2,671$2,160$1,733$1,381$1,094$746
21 years$2,517$2,012$1,594$1,254$979$652
22 years$2,378$1,878$1,469$1,140$878$571
23 years$2,250$1,757$1,357$1,038$788$500
24 years$2,134$1,646$1,255$947$708$439
25 years$2,026$1,545$1,162$865$637$385
26 years$1,928$1,452$1,078$791$574$338
27 years$1,836$1,366$1,001$724$518$298
28 years$1,752$1,287$930$663$467$262
29 years$1,673$1,215$866$608$422$230
30 years$1,600$1,147$807$558$381$203
31 years$1,532$1,084$752$512$344$179
32 years$1,468$1,026$702$471$312$157
33 years$1,408$972$655$433$282$139
34 years$1,351$921$612$399$255$122
35 years$1,298$873$572$367$231$108
36 years$1,248$829$535$338$210$95
37 years$1,201$787$501$311$190$84
38 years$1,157$748$469$287$172$74
39 years$1,115$712$440$265$156$65
40 years$1,075$677$412$244$142$58
41 years$1,037$644$386$225$128$51
42 years$1,001$614$362$208$117$45
43 years$966$585$340$192$106$40
44 years$934$557$319$177$96$35
45 years$903$532$300$164$87$31
46 years$873$507$282$151$79$27
47 years$845$484$264$140$72$24
48 years$818$462$249$129$65$21
49 years$792$441$234$119$59$19
50 years$767$421$220$110$54$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $786,000, adding $3,356 every year, while hoping to spend $53,849 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: 76/12/12 Blend
49$786,000$786,000$786,000$786,000
50$869,634$827,976$815,793$933,433
51$901,041$811,252$785,827$959,228
52$933,848$791,903$753,052$980,361
53$968,139$769,745$717,318$1,002,022
54$1,004,008$744,581$678,467$1,024,245
55$1,041,554$716,203$636,333$1,047,066
56$1,080,887$684,391$590,745$1,070,529
57$1,122,124$648,914$541,521$1,094,679
58$1,165,394$609,523$488,475$1,119,571
59$1,210,835$565,961$431,410$1,145,264
60$1,258,598$517,950$370,120$1,171,824
61$1,308,846$465,201$304,390$1,199,325
62$1,361,759$407,407$233,998$1,227,850
63$1,417,531$344,242$158,709$1,257,494
64$1,476,372$275,363$78,280$1,288,358
65$1,538,515$200,409$0$1,320,561
66$1,604,210$118,995$0$1,355,198
67$1,673,732$30,719$0$1,402,206
68$1,747,381$0$0$1,451,750
69$1,825,484$0$0$1,512,610
70$1,908,400$0$0$1,581,541
71$1,996,519$0$0$1,654,815
72$2,090,271$0$0$1,732,789
73$2,190,124$0$0$1,815,855
74$2,296,592$0$0$1,904,444
75$2,410,236$0$0$1,999,024
76$2,531,672$0$0$2,100,112
77$2,661,576$0$0$2,208,273
78$2,800,688$0$0$2,324,125
79$2,949,820$0$0$2,448,349
80$3,109,863$0$0$2,581,689
81$3,281,793$0$0$2,724,963
82$3,466,684$0$0$2,879,069
83$3,665,713$0$0$3,044,993
84$3,880,175$0$0$3,223,818
85$4,111,489$0$0$3,416,732
86$4,361,216$0$0$3,625,042
87$4,631,072$0$0$3,850,184
88$4,922,942$0$0$4,093,734
89$5,238,896$0$0$4,357,428
90$5,581,212$0$0$4,643,172
91$5,952,395$0$0$4,953,063
92$6,355,199$0$0$5,289,405
93$6,792,652$0$0$5,654,735
94$7,268,086$0$0$6,051,841
95$7,785,165$0$0$6,483,793
96$8,347,922$0$0$6,953,965
97$8,960,794$0$0$7,466,074
98$9,628,662$0$0$8,024,205
99$10,356,899$0$0$8,632,858
100$11,151,419$0$0$9,296,985