Can I retire at age 50 with 792,000?

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 $792,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$65,403$64,820$64,252$63,697$63,155$62,783
2 years$32,378$31,775$31,190$30,624$30,074$29,699
3 years$21,371$20,765$20,182$19,621$19,080$18,713
4 years$15,868$15,264$14,687$14,136$13,608$13,253
5 years$12,568$11,968$11,398$10,858$10,345$10,001
6 years$10,368$9,772$9,211$8,683$8,185$7,855
7 years$8,797$8,207$7,655$7,139$6,657$6,339
8 years$7,620$7,035$6,492$5,988$5,523$5,217
9 years$6,705$6,125$5,591$5,101$4,651$4,358
10 years$5,973$5,399$4,875$4,397$3,963$3,683
11 years$5,375$4,806$4,292$3,827$3,408$3,141
12 years$4,876$4,314$3,809$3,357$2,953$2,698
13 years$4,455$3,899$3,403$2,963$2,575$2,332
14 years$4,094$3,544$3,057$2,630$2,258$2,026
15 years$3,782$3,237$2,760$2,346$1,988$1,767
16 years$3,509$2,970$2,503$2,101$1,757$1,547
17 years$3,268$2,735$2,277$1,887$1,558$1,359
18 years$3,054$2,528$2,079$1,701$1,385$1,197
19 years$2,863$2,343$1,903$1,537$1,234$1,056
20 years$2,692$2,177$1,747$1,392$1,103$934
21 years$2,537$2,028$1,607$1,263$987$827
22 years$2,396$1,893$1,481$1,149$884$734
23 years$2,267$1,770$1,367$1,046$794$652
24 years$2,150$1,659$1,264$954$714$580
25 years$2,042$1,556$1,171$871$642$516
26 years$1,942$1,463$1,086$797$578$460
27 years$1,850$1,377$1,009$729$522$410
28 years$1,765$1,297$938$668$471$366
29 years$1,686$1,224$873$613$425$327
30 years$1,612$1,156$813$562$384$292
31 years$1,543$1,093$758$516$347$261
32 years$1,479$1,034$707$475$314$234
33 years$1,418$979$660$436$284$209
34 years$1,362$928$617$402$257$187
35 years$1,308$880$577$370$233$167
36 years$1,258$835$539$340$211$150
37 years$1,210$793$505$314$191$134
38 years$1,166$754$473$289$173$120
39 years$1,123$717$443$267$157$108
40 years$1,083$682$415$246$143$97
41 years$1,045$649$389$227$129$87
42 years$1,008$618$365$209$117$78
43 years$974$589$343$193$107$70
44 years$941$562$322$178$97$62
45 years$910$536$302$165$88$56
46 years$880$511$284$152$80$50
47 years$851$488$266$141$72$45
48 years$824$465$250$130$66$40
49 years$798$444$235$120$60$36
50 years$773$425$221$111$54$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $792,000, adding $2,719 every year, while hoping to spend $21,862 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: 67/11/22 Blend
49$792,000$792,000$792,000$792,000
50$875,589$833,613$821,337$929,193
51$941,638$851,199$825,590$983,070
52$1,013,691$868,914$829,254$1,039,206
53$1,092,338$886,741$832,284$1,100,082
54$1,178,227$904,662$834,637$1,166,163
55$1,272,073$922,657$836,264$1,237,965
56$1,374,662$940,705$837,116$1,316,054
57$1,486,859$958,781$837,141$1,401,054
58$1,609,618$976,860$836,284$1,493,655
59$1,743,987$994,915$834,488$1,594,614
60$1,891,123$1,012,915$831,693$1,704,768
61$2,052,299$1,030,829$827,836$1,825,039
62$2,228,915$1,048,621$822,850$1,956,442
63$2,422,516$1,066,255$816,667$2,100,098
64$2,634,800$1,083,689$809,213$2,257,239
65$2,867,641$1,100,882$800,413$2,429,227
66$3,123,101$1,117,785$790,187$2,617,561
67$3,403,451$1,134,350$778,452$2,823,892
68$3,711,193$1,150,524$765,120$3,050,043
69$4,049,084$1,166,248$750,101$3,298,021
70$4,420,158$1,181,462$733,297$3,570,039
71$4,827,762$1,196,101$714,610$3,868,536
72$5,275,578$1,210,095$693,934$4,196,202
73$5,767,667$1,223,369$671,161$4,555,998
74$6,308,499$1,235,844$646,174$4,951,191
75$6,903,000$1,247,435$618,856$5,385,383
76$7,556,598$1,258,051$589,079$5,862,540
77$8,275,272$1,267,597$556,715$6,387,038
78$9,065,610$1,275,969$521,625$6,963,697
79$9,934,870$1,283,059$483,666$7,597,831
80$10,891,047$1,288,750$442,690$8,295,296
81$11,942,954$1,292,919$398,540$9,062,550
82$13,100,297$1,295,434$351,053$9,906,707
83$14,373,773$1,296,156$300,059$10,835,609
84$15,775,167$1,294,936$245,380$11,857,901
85$17,317,464$1,291,618$186,830$12,983,111
86$19,014,972$1,286,034$124,216$14,221,738
87$20,883,456$1,278,006$57,334$15,585,358
88$22,940,288$1,267,348$0$17,086,726
89$25,204,608$1,253,859$0$18,743,197
90$27,697,508$1,237,328$0$20,581,549
91$30,442,228$1,217,531$0$22,605,441
92$33,464,375$1,194,230$0$24,833,755
93$36,792,169$1,167,174$0$27,287,293
94$40,456,702$1,136,098$0$29,988,984
95$44,492,236$1,100,717$0$32,964,092
96$48,936,528$1,060,736$0$36,240,457
97$53,831,178$1,015,836$0$39,848,759
98$59,222,031$965,686$0$43,822,809
99$65,159,604$909,930$0$48,199,862
100$71,699,562$848,195$0$53,020,976