Can I retire at age 50 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$66,063$65,475$64,901$64,340$63,793$61,702
2 years$32,705$32,095$31,505$30,933$30,378$28,291
3 years$21,586$20,975$20,386$19,819$19,273$17,256
4 years$16,029$15,419$14,836$14,278$13,746$11,814
5 years$12,695$12,088$11,513$10,967$10,449$8,608
6 years$10,473$9,871$9,304$8,771$8,268$6,518
7 years$8,886$8,290$7,732$7,211$6,724$5,066
8 years$7,697$7,106$6,557$6,049$5,578$4,011
9 years$6,773$6,187$5,648$5,152$4,698$3,219
10 years$6,033$5,453$4,924$4,441$4,003$2,610
11 years$5,429$4,855$4,335$3,865$3,442$2,134
12 years$4,926$4,357$3,847$3,390$2,983$1,755
13 years$4,500$3,938$3,437$2,993$2,601$1,451
14 years$4,136$3,579$3,088$2,657$2,280$1,205
15 years$3,820$3,270$2,788$2,370$2,008$1,004
16 years$3,544$3,000$2,528$2,122$1,775$838
17 years$3,301$2,763$2,300$1,906$1,573$702
18 years$3,085$2,553$2,100$1,718$1,399$589
19 years$2,892$2,366$1,922$1,552$1,247$494
20 years$2,719$2,199$1,764$1,406$1,114$416
21 years$2,562$2,048$1,623$1,276$997$350
22 years$2,420$1,912$1,496$1,160$893$295
23 years$2,290$1,788$1,381$1,057$802$249
24 years$2,172$1,675$1,277$964$721$210
25 years$2,063$1,572$1,183$880$649$177
26 years$1,962$1,478$1,097$805$584$150
27 years$1,869$1,391$1,019$737$527$127
28 years$1,783$1,310$947$675$475$107
29 years$1,703$1,236$881$619$429$90
30 years$1,628$1,167$821$568$388$76
31 years$1,559$1,104$765$522$351$65
32 years$1,494$1,044$714$479$317$55
33 years$1,433$989$667$441$287$46
34 years$1,375$937$623$406$260$39
35 years$1,321$889$582$373$235$33
36 years$1,271$844$545$344$213$28
37 years$1,223$801$510$317$193$24
38 years$1,177$762$478$292$175$20
39 years$1,134$724$447$269$159$17
40 years$1,094$689$419$248$144$14
41 years$1,055$656$393$229$131$12
42 years$1,019$625$369$211$119$10
43 years$984$595$346$195$108$9
44 years$951$567$325$180$98$7
45 years$919$541$305$166$89$6
46 years$889$516$287$154$81$5
47 years$860$492$269$142$73$4
48 years$833$470$253$131$66$4
49 years$806$449$238$121$60$3
50 years$781$429$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $800,000, adding $3,073 every year, while hoping to spend $37,089 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: 75/10/15 Blend
49$800,000$800,000$800,000$800,000
50$884,770$842,370$829,970$948,019
51$935,554$844,184$818,311$992,059
52$990,275$844,843$805,019$1,035,402
53$1,049,295$844,253$790,000$1,081,903
54$1,113,013$842,311$773,154$1,131,865
55$1,181,866$838,909$754,381$1,185,623
56$1,256,334$833,934$733,570$1,243,544
57$1,336,947$827,263$710,612$1,306,037
58$1,424,285$818,769$685,386$1,373,550
59$1,518,987$808,313$657,772$1,446,577
60$1,621,755$795,752$627,639$1,525,663
61$1,733,363$780,932$594,853$1,611,412
62$1,854,659$763,691$559,274$1,704,485
63$1,986,579$743,857$520,755$1,805,616
64$2,130,151$721,248$479,141$1,915,612
65$2,286,508$695,670$434,273$2,035,363
66$2,456,894$666,919$385,984$2,165,850
67$2,642,679$634,781$334,097$2,308,158
68$2,845,374$599,026$278,430$2,463,481
69$3,066,637$559,414$218,792$2,633,136
70$3,308,296$515,687$154,984$2,818,577
71$3,572,364$467,577$86,798$3,021,405
72$3,861,055$414,799$14,015$3,243,389
73$4,176,808$357,050$0$3,486,476
74$4,522,310$294,012$0$3,763,006
75$4,900,515$225,349$0$4,068,216
76$5,314,681$150,704$0$4,402,514
77$5,768,392$69,702$0$4,768,824
78$6,265,598$0$0$5,170,369
79$6,810,647$0$0$5,612,683
80$7,408,328$0$0$6,106,153
81$8,063,918$0$0$6,647,468
82$8,783,225$0$0$7,241,429
83$9,572,651$0$0$7,893,325
84$10,439,245$0$0$8,608,983
85$11,390,772$0$0$9,394,820
86$12,435,787$0$0$10,257,905
87$13,583,713$0$0$11,206,027
88$14,844,930$0$0$12,247,765
89$16,230,876$0$0$13,392,569
90$17,754,148$0$0$14,650,853
91$19,428,628$0$0$16,034,088
92$21,269,606$0$0$17,554,911
93$23,293,931$0$0$19,227,246
94$25,520,164$0$0$21,066,435
95$27,968,756$0$0$23,089,377
96$30,662,239$0$0$25,314,697
97$33,625,438$0$0$27,762,910
98$36,885,706$0$0$30,456,623
99$40,473,181$0$0$33,420,745
100$44,421,071$0$0$36,682,720