Can I retire at age 50 with 801,000?

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 $801,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$66,146$65,557$64,982$64,421$63,873$61,927
2 years$32,745$32,136$31,545$30,972$30,416$28,472
3 years$21,613$21,001$20,411$19,844$19,297$17,417
4 years$16,049$15,438$14,854$14,296$13,763$11,960
5 years$12,710$12,104$11,528$10,981$10,462$8,742
6 years$10,486$9,883$9,316$8,782$8,278$6,642
7 years$8,897$8,300$7,742$7,220$6,733$5,180
8 years$7,707$7,115$6,565$6,056$5,585$4,115
9 years$6,781$6,195$5,655$5,159$4,704$3,315
10 years$6,041$5,460$4,930$4,447$4,008$2,698
11 years$5,436$4,861$4,340$3,870$3,447$2,214
12 years$4,932$4,363$3,852$3,395$2,987$1,829
13 years$4,506$3,943$3,441$2,997$2,605$1,518
14 years$4,141$3,584$3,092$2,660$2,283$1,266
15 years$3,825$3,274$2,792$2,373$2,010$1,059
16 years$3,549$3,004$2,531$2,124$1,777$888
17 years$3,305$2,766$2,303$1,909$1,575$747
18 years$3,089$2,556$2,103$1,720$1,401$629
19 years$2,896$2,369$1,925$1,554$1,249$531
20 years$2,722$2,202$1,767$1,408$1,115$449
21 years$2,565$2,051$1,625$1,278$998$379
22 years$2,423$1,914$1,498$1,162$895$321
23 years$2,293$1,790$1,383$1,058$803$272
24 years$2,174$1,677$1,279$965$722$231
25 years$2,065$1,574$1,184$881$649$196
26 years$1,964$1,479$1,098$806$585$166
27 years$1,871$1,392$1,020$737$527$141
28 years$1,785$1,312$948$676$476$120
29 years$1,705$1,238$882$620$430$102
30 years$1,630$1,169$822$569$388$87
31 years$1,561$1,105$766$522$351$74
32 years$1,496$1,046$715$480$318$63
33 years$1,434$990$668$441$287$53
34 years$1,377$938$624$406$260$45
35 years$1,323$890$583$374$236$38
36 years$1,272$845$546$344$214$33
37 years$1,224$802$511$317$194$28
38 years$1,179$763$478$292$175$24
39 years$1,136$725$448$270$159$20
40 years$1,095$690$420$249$144$17
41 years$1,056$657$394$229$131$15
42 years$1,020$625$369$212$119$12
43 years$985$596$347$195$108$11
44 years$952$568$325$180$98$9
45 years$920$542$305$167$89$8
46 years$890$517$287$154$81$7
47 years$861$493$270$142$73$6
48 years$834$471$253$131$67$5
49 years$807$450$238$121$60$4
50 years$782$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 $801,000, adding $4,656 every year, while hoping to spend $40,400 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: 49/33/18 Blend
49$801,000$801,000$801,000$801,000
50$887,505$845,052$832,636$926,315
51$935,045$843,474$817,544$952,081
52$986,080$840,465$800,593$975,542
53$1,040,924$835,912$781,676$1,000,162
54$1,099,922$829,695$760,686$1,026,067
55$1,163,451$821,687$737,506$1,053,394
56$1,231,927$811,754$712,017$1,082,301
57$1,305,807$799,753$684,093$1,112,959
58$1,385,592$785,533$653,602$1,145,564
59$1,471,832$768,934$620,408$1,180,333
60$1,565,134$749,786$584,366$1,217,506
61$1,666,162$727,910$545,327$1,257,353
62$1,775,648$703,116$503,133$1,300,174
63$1,894,398$675,203$457,622$1,346,305
64$2,023,296$643,957$408,621$1,396,117
65$2,163,315$609,153$355,953$1,450,025
66$2,315,525$570,554$299,429$1,508,489
67$2,481,105$527,907$238,857$1,572,023
68$2,661,350$480,947$174,031$1,641,197
69$2,857,686$429,392$104,739$1,716,642
70$3,071,682$372,944$30,759$1,799,064
71$3,305,064$311,289$0$1,889,241
72$3,559,734$244,095$0$1,997,297
73$3,837,783$171,012$0$2,121,843
74$4,141,514$91,669$0$2,258,080
75$4,473,462$5,675$0$2,407,243
76$4,836,419$0$0$2,570,694
77$5,233,457$0$0$2,781,673
78$5,667,961$0$0$3,014,901
79$6,143,656$0$0$3,270,328
80$6,664,644$0$0$3,550,167
81$7,235,446$0$0$3,856,857
82$7,861,035$0$0$4,193,084
83$8,546,894$0$0$4,561,804
84$9,299,057$0$0$4,966,277
85$10,124,172$0$0$5,410,089
86$11,029,563$0$0$5,897,194
87$12,023,294$0$0$6,431,945
88$13,114,250$0$0$7,019,137
89$14,312,219$0$0$7,664,054
90$15,627,980$0$0$8,372,514
91$17,073,409$0$0$9,150,930
92$18,661,591$0$0$10,006,362
93$20,406,939$0$0$10,946,594
94$22,325,331$0$0$11,980,195
95$24,434,260$0$0$13,116,611
96$26,753,000$0$0$14,366,247
97$29,302,785$0$0$15,740,565
98$32,107,009$0$0$17,252,195
99$35,191,446$0$0$18,915,054
100$38,584,497$0$0$20,744,473