Can I retire at age 50 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$65,981$65,393$64,820$64,260$63,713$62,325
2 years$32,664$32,055$31,466$30,894$30,340$28,948
3 years$21,559$20,949$20,360$19,794$19,249$17,897
4 years$16,008$15,399$14,817$14,261$13,728$12,427
5 years$12,679$12,073$11,499$10,954$10,436$9,189
6 years$10,460$9,859$9,293$8,760$8,258$7,066
7 years$8,875$8,279$7,722$7,202$6,716$5,580
8 years$7,687$7,097$6,549$6,041$5,571$4,491
9 years$6,764$6,179$5,641$5,146$4,692$3,666
10 years$6,026$5,447$4,918$4,436$3,998$3,025
11 years$5,422$4,849$4,329$3,860$3,438$2,518
12 years$4,919$4,352$3,842$3,386$2,979$2,110
13 years$4,494$3,933$3,433$2,989$2,598$1,777
14 years$4,131$3,575$3,084$2,654$2,278$1,504
15 years$3,815$3,266$2,785$2,367$2,005$1,278
16 years$3,540$2,996$2,525$2,119$1,772$1,089
17 years$3,297$2,759$2,298$1,904$1,571$930
18 years$3,081$2,550$2,097$1,716$1,397$797
19 years$2,889$2,363$1,920$1,550$1,245$683
20 years$2,716$2,196$1,762$1,404$1,112$587
21 years$2,559$2,045$1,621$1,274$995$505
22 years$2,417$1,909$1,494$1,159$892$435
23 years$2,287$1,786$1,379$1,055$801$375
24 years$2,169$1,673$1,276$962$720$324
25 years$2,060$1,570$1,181$879$648$279
26 years$1,960$1,476$1,096$804$584$241
27 years$1,867$1,389$1,017$736$526$209
28 years$1,781$1,309$946$674$475$180
29 years$1,701$1,235$880$618$429$156
30 years$1,626$1,166$820$567$387$135
31 years$1,557$1,102$764$521$350$117
32 years$1,492$1,043$713$479$317$101
33 years$1,431$988$666$440$287$88
34 years$1,374$936$622$405$260$76
35 years$1,320$888$582$373$235$66
36 years$1,269$843$544$343$213$57
37 years$1,221$800$509$316$193$49
38 years$1,176$761$477$292$175$43
39 years$1,133$723$447$269$159$37
40 years$1,092$688$419$248$144$32
41 years$1,054$655$393$229$131$28
42 years$1,017$624$368$211$119$24
43 years$982$594$346$195$108$21
44 years$949$567$324$180$98$18
45 years$918$540$305$166$89$16
46 years$888$515$286$154$80$14
47 years$859$492$269$142$73$12
48 years$831$470$253$131$66$10
49 years$805$448$237$121$60$9
50 years$780$428$223$112$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $799,000, adding $5,789 every year, while hoping to spend $30,990 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: 59/14/27 Blend
49$799,000$799,000$799,000$799,000
50$886,469$844,122$831,738$931,970
51$943,916$852,511$826,628$972,090
52$1,006,184$860,273$820,308$1,012,031
53$1,073,731$867,343$812,705$1,054,947
54$1,147,064$873,654$803,743$1,101,137
55$1,226,736$879,135$793,340$1,150,927
56$1,313,359$883,709$781,413$1,204,680
57$1,407,605$887,294$767,873$1,262,797
58$1,510,212$889,803$752,629$1,325,721
59$1,621,996$891,145$735,584$1,393,939
60$1,743,850$891,221$716,636$1,467,991
61$1,876,760$889,928$695,681$1,548,474
62$2,021,810$887,156$672,607$1,636,044
63$2,180,195$882,787$647,299$1,731,431
64$2,353,228$876,696$619,637$1,835,434
65$2,542,355$868,753$589,493$1,948,942
66$2,749,171$858,817$556,737$2,072,931
67$2,975,428$846,740$521,229$2,208,483
68$3,223,057$832,366$482,825$2,356,789
69$3,494,184$815,528$441,375$2,519,165
70$3,791,151$796,049$396,722$2,697,064
71$4,116,537$773,743$348,700$2,892,090
72$4,473,181$748,414$297,139$3,106,011
73$4,864,210$719,851$241,857$3,340,782
74$5,293,069$687,833$182,669$3,598,555
75$5,763,552$652,127$119,379$3,881,711
76$6,279,838$612,485$51,782$4,192,871
77$6,846,530$568,645$0$4,534,932
78$7,468,698$520,331$0$4,916,952
79$8,151,927$467,249$0$5,352,892
80$8,902,371$409,092$0$5,831,772
81$9,726,807$345,531$0$6,357,951
82$10,632,702$276,223$0$6,936,233
83$11,628,281$200,802$0$7,571,911
84$12,722,608$118,883$0$8,270,821
85$13,925,665$30,059$0$9,039,394
86$15,248,453$0$0$9,884,717
87$16,703,090$0$0$10,824,786
88$18,302,928$0$0$11,863,859
89$20,062,677$0$0$13,006,868
90$21,998,545$0$0$14,264,350
91$24,128,390$0$0$15,647,915
92$26,471,888$0$0$17,170,354
93$29,050,719$0$0$18,845,762
94$31,888,769$0$0$20,689,669
95$35,012,359$0$0$22,719,186
96$38,450,490$0$0$24,953,168
97$42,235,117$0$0$27,412,390
98$46,401,449$0$0$30,119,743
99$50,988,286$0$0$33,100,451
100$56,038,378$0$0$36,382,310