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%12.6%
1 years$65,981$65,393$64,820$64,260$63,713$63,022
2 years$32,664$32,055$31,466$30,894$30,340$29,643
3 years$21,559$20,949$20,360$19,794$19,249$18,569
4 years$16,008$15,399$14,817$14,261$13,728$13,071
5 years$12,679$12,073$11,499$10,954$10,436$9,803
6 years$10,460$9,859$9,293$8,760$8,258$7,649
7 years$8,875$8,279$7,722$7,202$6,716$6,132
8 years$7,687$7,097$6,549$6,041$5,571$5,013
9 years$6,764$6,179$5,641$5,146$4,692$4,158
10 years$6,026$5,447$4,918$4,436$3,998$3,488
11 years$5,422$4,849$4,329$3,860$3,438$2,953
12 years$4,919$4,352$3,842$3,386$2,979$2,518
13 years$4,494$3,933$3,433$2,989$2,598$2,159
14 years$4,131$3,575$3,084$2,654$2,278$1,861
15 years$3,815$3,266$2,785$2,367$2,005$1,611
16 years$3,540$2,996$2,525$2,119$1,772$1,399
17 years$3,297$2,759$2,298$1,904$1,571$1,218
18 years$3,081$2,550$2,097$1,716$1,397$1,064
19 years$2,889$2,363$1,920$1,550$1,245$931
20 years$2,716$2,196$1,762$1,404$1,112$816
21 years$2,559$2,045$1,621$1,274$995$716
22 years$2,417$1,909$1,494$1,159$892$630
23 years$2,287$1,786$1,379$1,055$801$554
24 years$2,169$1,673$1,276$962$720$489
25 years$2,060$1,570$1,181$879$648$431
26 years$1,960$1,476$1,096$804$584$380
27 years$1,867$1,389$1,017$736$526$336
28 years$1,781$1,309$946$674$475$297
29 years$1,701$1,235$880$618$429$263
30 years$1,626$1,166$820$567$387$232
31 years$1,557$1,102$764$521$350$206
32 years$1,492$1,043$713$479$317$182
33 years$1,431$988$666$440$287$161
34 years$1,374$936$622$405$260$143
35 years$1,320$888$582$373$235$127
36 years$1,269$843$544$343$213$112
37 years$1,221$800$509$316$193$100
38 years$1,176$761$477$292$175$88
39 years$1,133$723$447$269$159$78
40 years$1,092$688$419$248$144$70
41 years$1,054$655$393$229$131$62
42 years$1,017$624$368$211$119$55
43 years$982$594$346$195$108$49
44 years$949$567$324$180$98$43
45 years$918$540$305$166$89$38
46 years$888$515$286$154$80$34
47 years$859$492$269$142$73$30
48 years$831$470$253$131$66$27
49 years$805$448$237$121$60$24
50 years$780$428$223$112$55$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $799,000, adding $5,845 every year, while hoping to spend $42,538 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: 77/17/6 Blend
49$799,000$799,000$799,000$799,000
50$886,527$844,180$831,796$953,840
51$931,693$840,285$814,401$994,950
52$980,040$834,773$794,997$1,033,915
53$1,031,847$827,520$773,473$1,075,379
54$1,087,422$818,396$749,711$1,119,570
55$1,147,101$807,259$723,589$1,166,744
56$1,211,254$793,963$694,977$1,217,178
57$1,280,285$778,350$663,742$1,271,180
58$1,354,640$760,255$629,743$1,329,091
59$1,434,807$739,502$592,834$1,391,284
60$1,521,325$715,905$552,861$1,458,173
61$1,614,783$689,267$509,664$1,530,214
62$1,715,829$659,379$463,077$1,607,910
63$1,825,177$626,022$412,923$1,691,816
64$1,943,609$588,962$359,020$1,782,543
65$2,071,989$547,952$301,178$1,880,767
66$2,211,261$502,731$239,198$1,987,234
67$2,362,470$453,025$172,871$2,102,765
68$2,526,760$398,542$101,980$2,228,268
69$2,705,392$338,973$26,299$2,364,744
70$2,899,753$273,994$0$2,513,296
71$3,111,369$203,260$0$2,678,630
72$3,341,919$126,410$0$2,860,627
73$3,593,250$43,060$0$3,059,102
74$3,867,397$0$0$3,275,706
75$4,166,597$0$0$3,521,094
76$4,493,314$0$0$3,797,872
77$4,850,260$0$0$4,100,286
78$5,240,422$0$0$4,430,871
79$5,667,087$0$0$4,792,414
80$6,133,874$0$0$5,187,987
81$6,644,769$0$0$5,620,970
82$7,204,160$0$0$6,095,088
83$7,816,880$0$0$6,614,441
84$8,488,251$0$0$7,183,544
85$9,224,134$0$0$7,807,369
86$10,030,985$0$0$8,491,395
87$10,915,914$0$0$9,241,653
88$11,886,751$0$0$10,064,788
89$12,952,123$0$0$10,968,118
90$14,121,529$0$0$11,959,704
91$15,405,435$0$0$13,048,426
92$16,815,371$0$0$14,244,066
93$18,364,035$0$0$15,557,400
94$20,065,418$0$0$17,000,297
95$21,934,932$0$0$18,585,835
96$23,989,557$0$0$20,328,421
97$26,247,996$0$0$22,243,925
98$28,730,859$0$0$24,349,834
99$31,460,849$0$0$26,665,413
100$34,462,981$0$0$29,211,885