Can I retire at age 50 with 799,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.3%
1 years$65,981$65,393$64,820$64,260$63,713$61,822
2 years$32,664$32,055$31,466$30,894$30,340$28,450
3 years$21,559$20,949$20,360$19,794$19,249$17,420
4 years$16,008$15,399$14,817$14,261$13,728$11,974
5 years$12,679$12,073$11,499$10,954$10,436$8,762
6 years$10,460$9,859$9,293$8,760$8,258$6,664
7 years$8,875$8,279$7,722$7,202$6,716$5,203
8 years$7,687$7,097$6,549$6,041$5,571$4,139
9 years$6,764$6,179$5,641$5,146$4,692$3,338
10 years$6,026$5,447$4,918$4,436$3,998$2,720
11 years$5,422$4,849$4,329$3,860$3,438$2,235
12 years$4,919$4,352$3,842$3,386$2,979$1,849
13 years$4,494$3,933$3,433$2,989$2,598$1,537
14 years$4,131$3,575$3,084$2,654$2,278$1,283
15 years$3,815$3,266$2,785$2,367$2,005$1,075
16 years$3,540$2,996$2,525$2,119$1,772$903
17 years$3,297$2,759$2,298$1,904$1,571$760
18 years$3,081$2,550$2,097$1,716$1,397$641
19 years$2,889$2,363$1,920$1,550$1,245$542
20 years$2,716$2,196$1,762$1,404$1,112$459
21 years$2,559$2,045$1,621$1,274$995$389
22 years$2,417$1,909$1,494$1,159$892$329
23 years$2,287$1,786$1,379$1,055$801$280
24 years$2,169$1,673$1,276$962$720$237
25 years$2,060$1,570$1,181$879$648$202
26 years$1,960$1,476$1,096$804$584$172
27 years$1,867$1,389$1,017$736$526$146
28 years$1,781$1,309$946$674$475$124
29 years$1,701$1,235$880$618$429$106
30 years$1,626$1,166$820$567$387$90
31 years$1,557$1,102$764$521$350$77
32 years$1,492$1,043$713$479$317$65
33 years$1,431$988$666$440$287$56
34 years$1,374$936$622$405$260$47
35 years$1,320$888$582$373$235$40
36 years$1,269$843$544$343$213$34
37 years$1,221$800$509$316$193$29
38 years$1,176$761$477$292$175$25
39 years$1,133$723$447$269$159$21
40 years$1,092$688$419$248$144$18
41 years$1,054$655$393$229$131$15
42 years$1,017$624$368$211$119$13
43 years$982$594$346$195$108$11
44 years$949$567$324$180$98$10
45 years$918$540$305$166$89$8
46 years$888$515$286$154$80$7
47 years$859$492$269$142$73$6
48 years$831$470$253$131$66$5
49 years$805$448$237$121$60$4
50 years$780$428$223$112$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $799,000, adding $6,075 every year, while hoping to spend $39,805 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: 44/26/30 Blend
49$799,000$799,000$799,000$799,000
50$886,764$844,417$832,033$917,828
51$934,862$843,442$817,554$939,685
52$986,532$841,084$801,255$959,132
53$1,042,096$837,235$783,035$979,468
54$1,101,907$831,777$762,785$1,000,799
55$1,166,356$824,588$740,392$1,023,244
56$1,235,868$815,537$715,739$1,046,939
57$1,310,912$804,484$688,702$1,072,034
58$1,392,004$791,282$659,152$1,098,700
59$1,479,710$775,776$626,955$1,127,127
60$1,574,651$757,801$591,970$1,157,528
61$1,677,514$737,181$554,048$1,190,142
62$1,789,049$713,731$513,038$1,225,235
63$1,910,084$687,256$468,776$1,263,106
64$2,041,529$657,548$421,097$1,304,087
65$2,184,385$624,388$369,824$1,348,548
66$2,339,752$587,544$314,773$1,396,905
67$2,508,843$546,769$255,754$1,449,618
68$2,692,990$501,806$192,567$1,507,201
69$2,893,660$452,379$125,002$1,570,225
70$3,112,466$398,199$52,843$1,639,328
71$3,351,186$338,959$0$1,715,216
72$3,611,774$274,335$0$1,806,410
73$3,896,384$203,986$0$1,924,604
74$4,207,384$127,551$0$2,053,916
75$4,547,384$44,647$0$2,195,504
76$4,919,256$0$0$2,350,651
77$5,326,161$0$0$2,533,685
78$5,771,583$0$0$2,748,122
79$6,259,356$0$0$2,983,046
80$6,793,702$0$0$3,240,502
81$7,379,272$0$0$3,522,744
82$8,021,188$0$0$3,832,254
83$8,725,090$0$0$4,171,764
84$9,497,191$0$0$4,544,287
85$10,344,333$0$0$4,953,137
86$11,274,055$0$0$5,401,967
87$12,294,658$0$0$5,894,803
88$13,415,288$0$0$6,436,075
89$14,646,019$0$0$7,030,667
90$15,997,950$0$0$7,683,958
91$17,483,305$0$0$8,401,873
92$19,115,555$0$0$9,190,942
93$20,909,535$0$0$10,058,357
94$22,881,594$0$0$11,012,040
95$25,049,741$0$0$12,060,724
96$27,433,816$0$0$13,214,024
97$30,055,680$0$0$14,482,539
98$32,939,419$0$0$15,877,944
99$36,111,568$0$0$17,413,103
100$39,601,364$0$0$19,102,191