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%20%
1 years$65,981$65,393$64,820$64,260$63,713$61,161
2 years$32,664$32,055$31,466$30,894$30,340$27,801
3 years$21,559$20,949$20,360$19,794$19,249$16,803
4 years$16,008$15,399$14,817$14,261$13,728$11,394
5 years$12,679$12,073$11,499$10,954$10,436$8,219
6 years$10,460$9,859$9,293$8,760$8,258$6,159
7 years$8,875$8,279$7,722$7,202$6,716$4,735
8 years$7,687$7,097$6,549$6,041$5,571$3,707
9 years$6,764$6,179$5,641$5,146$4,692$2,941
10 years$6,026$5,447$4,918$4,436$3,998$2,356
11 years$5,422$4,849$4,329$3,860$3,438$1,902
12 years$4,919$4,352$3,842$3,386$2,979$1,545
13 years$4,494$3,933$3,433$2,989$2,598$1,261
14 years$4,131$3,575$3,084$2,654$2,278$1,033
15 years$3,815$3,266$2,785$2,367$2,005$849
16 years$3,540$2,996$2,525$2,119$1,772$699
17 years$3,297$2,759$2,298$1,904$1,571$577
18 years$3,081$2,550$2,097$1,716$1,397$477
19 years$2,889$2,363$1,920$1,550$1,245$395
20 years$2,716$2,196$1,762$1,404$1,112$328
21 years$2,559$2,045$1,621$1,274$995$272
22 years$2,417$1,909$1,494$1,159$892$226
23 years$2,287$1,786$1,379$1,055$801$187
24 years$2,169$1,673$1,276$962$720$156
25 years$2,060$1,570$1,181$879$648$130
26 years$1,960$1,476$1,096$804$584$108
27 years$1,867$1,389$1,017$736$526$90
28 years$1,781$1,309$946$674$475$75
29 years$1,701$1,235$880$618$429$62
30 years$1,626$1,166$820$567$387$52
31 years$1,557$1,102$764$521$350$43
32 years$1,492$1,043$713$479$317$36
33 years$1,431$988$666$440$287$30
34 years$1,374$936$622$405$260$25
35 years$1,320$888$582$373$235$21
36 years$1,269$843$544$343$213$17
37 years$1,221$800$509$316$193$14
38 years$1,176$761$477$292$175$12
39 years$1,133$723$447$269$159$10
40 years$1,092$688$419$248$144$8
41 years$1,054$655$393$229$131$7
42 years$1,017$624$368$211$119$6
43 years$982$594$346$195$108$5
44 years$949$567$324$180$98$4
45 years$918$540$305$166$89$3
46 years$888$515$286$154$80$3
47 years$859$492$269$142$73$2
48 years$831$470$253$131$66$2
49 years$805$448$237$121$60$2
50 years$780$428$223$112$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $799,000, adding $5,714 every year, while hoping to spend $25,635 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: 42/46/12 Blend
49$799,000$799,000$799,000$799,000
50$886,392$844,045$831,660$920,277
51$949,529$858,128$832,246$958,669
52$1,018,246$872,041$831,991$997,216
53$1,093,086$885,751$830,842$1,038,389
54$1,174,646$899,217$828,740$1,082,439
55$1,263,582$912,401$825,625$1,129,643
56$1,360,616$925,258$821,433$1,180,306
57$1,466,545$937,742$816,097$1,234,766
58$1,582,244$949,802$809,548$1,293,395
59$1,708,677$961,386$801,711$1,356,605
60$1,846,904$972,437$792,511$1,424,850
61$1,998,095$982,893$781,867$1,498,632
62$2,163,536$992,690$769,694$1,578,504
63$2,344,644$1,001,758$755,906$1,665,077
64$2,542,977$1,010,025$740,409$1,759,027
65$2,760,255$1,017,410$723,107$1,861,100
66$2,998,369$1,023,831$703,899$1,972,116
67$3,259,403$1,029,199$682,679$2,092,987
68$3,545,651$1,033,418$659,338$2,224,713
69$3,859,640$1,036,389$633,759$2,368,402
70$4,204,155$1,038,003$605,821$2,525,275
71$4,582,261$1,038,148$575,399$2,696,682
72$4,997,337$1,036,702$542,360$2,884,112
73$5,453,102$1,033,538$506,566$3,089,207
74$5,953,656$1,028,518$467,873$3,313,780
75$6,503,513$1,021,500$426,131$3,559,834
76$7,107,647$1,012,329$381,181$3,829,577
77$7,771,536$1,000,842$332,861$4,125,445
78$8,501,219$986,869$280,997$4,450,130
79$9,303,343$970,226$225,411$4,806,599
80$10,185,237$950,720$165,915$5,198,126
81$11,154,972$928,147$102,314$5,628,324
82$12,221,442$902,288$34,404$6,101,180
83$13,394,445$872,916$0$6,621,092
84$14,684,775$839,786$0$7,197,786
85$16,104,329$802,642$0$7,836,758
86$17,666,211$761,212$0$8,539,533
87$19,384,861$715,207$0$9,312,655
88$21,276,189$664,325$0$10,163,341
89$23,357,725$608,242$0$11,099,550
90$25,648,787$546,620$0$12,130,057
91$28,170,657$479,098$0$13,264,540
92$30,946,787$405,296$0$14,513,669
93$34,003,018$324,815$0$15,889,212
94$37,367,824$237,229$0$17,404,143
95$41,072,579$142,091$0$19,072,766
96$45,151,857$38,928$0$20,910,855
97$49,643,752$0$0$22,935,801
98$54,590,242$0$0$25,203,607
99$60,037,584$0$0$27,722,872
100$66,036,747$0$0$30,497,480