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%11%
1 years$66,146$65,557$64,982$64,421$63,873$63,604
2 years$32,745$32,136$31,545$30,972$30,416$30,144
3 years$21,613$21,001$20,411$19,844$19,297$19,031
4 years$16,049$15,438$14,854$14,296$13,763$13,505
5 years$12,710$12,104$11,528$10,981$10,462$10,213
6 years$10,486$9,883$9,316$8,782$8,278$8,038
7 years$8,897$8,300$7,742$7,220$6,733$6,501
8 years$7,707$7,115$6,565$6,056$5,585$5,363
9 years$6,781$6,195$5,655$5,159$4,704$4,491
10 years$6,041$5,460$4,930$4,447$4,008$3,804
11 years$5,436$4,861$4,340$3,870$3,447$3,251
12 years$4,932$4,363$3,852$3,395$2,987$2,800
13 years$4,506$3,943$3,441$2,997$2,605$2,427
14 years$4,141$3,584$3,092$2,660$2,283$2,113
15 years$3,825$3,274$2,792$2,373$2,010$1,849
16 years$3,549$3,004$2,531$2,124$1,777$1,623
17 years$3,305$2,766$2,303$1,909$1,575$1,429
18 years$3,089$2,556$2,103$1,720$1,401$1,262
19 years$2,896$2,369$1,925$1,554$1,249$1,117
20 years$2,722$2,202$1,767$1,408$1,115$991
21 years$2,565$2,051$1,625$1,278$998$880
22 years$2,423$1,914$1,498$1,162$895$783
23 years$2,293$1,790$1,383$1,058$803$698
24 years$2,174$1,677$1,279$965$722$623
25 years$2,065$1,574$1,184$881$649$556
26 years$1,964$1,479$1,098$806$585$497
27 years$1,871$1,392$1,020$737$527$445
28 years$1,785$1,312$948$676$476$398
29 years$1,705$1,238$882$620$430$357
30 years$1,630$1,169$822$569$388$320
31 years$1,561$1,105$766$522$351$287
32 years$1,496$1,046$715$480$318$257
33 years$1,434$990$668$441$287$231
34 years$1,377$938$624$406$260$207
35 years$1,323$890$583$374$236$186
36 years$1,272$845$546$344$214$167
37 years$1,224$802$511$317$194$150
38 years$1,179$763$478$292$175$135
39 years$1,136$725$448$270$159$122
40 years$1,095$690$420$249$144$109
41 years$1,056$657$394$229$131$98
42 years$1,020$625$369$212$119$88
43 years$985$596$347$195$108$80
44 years$952$568$325$180$98$72
45 years$920$542$305$167$89$64
46 years$890$517$287$154$81$58
47 years$861$493$270$142$73$52
48 years$834$471$253$131$67$47
49 years$807$450$238$121$60$42
50 years$782$429$224$112$55$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $801,000, adding $3,435 every year, while hoping to spend $21,888 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: 52/38/10 Blend
49$801,000$801,000$801,000$801,000
50$886,245$843,792$831,377$929,863
51$953,354$861,849$835,939$978,001
52$1,026,573$880,058$839,921$1,027,684
53$1,106,505$898,402$843,279$1,081,204
54$1,193,809$916,864$845,970$1,138,929
55$1,289,213$935,425$847,945$1,201,263
56$1,393,517$954,066$849,156$1,268,651
57$1,507,604$972,764$849,551$1,341,586
58$1,632,445$991,494$849,076$1,420,608
59$1,769,107$1,010,230$847,673$1,506,313
60$1,918,769$1,028,944$845,283$1,599,359
61$2,082,727$1,047,606$841,843$1,700,469
62$2,262,408$1,066,181$837,288$1,810,442
63$2,459,384$1,084,635$831,548$1,930,158
64$2,675,388$1,102,929$824,551$2,060,586
65$2,912,327$1,121,021$816,222$2,202,794
66$3,172,300$1,138,868$806,482$2,357,962
67$3,457,623$1,156,420$795,247$2,527,387
68$3,770,844$1,173,628$782,432$2,712,500
69$4,114,770$1,190,436$767,943$2,914,879
70$4,492,495$1,206,786$751,688$3,136,264
71$4,907,425$1,222,614$733,565$3,378,572
72$5,363,314$1,237,854$713,471$3,643,915
73$5,864,297$1,252,434$691,297$3,934,624
74$6,414,929$1,266,277$666,929$4,253,266
75$7,020,228$1,279,300$640,248$4,602,673
76$7,685,723$1,291,418$611,128$4,985,965
77$8,417,506$1,302,537$579,440$5,406,583
78$9,222,288$1,312,557$545,047$5,868,318
79$10,107,463$1,321,374$507,808$6,375,351
80$11,081,177$1,328,874$467,572$6,932,291
81$12,152,407$1,334,939$424,186$7,544,217
82$13,331,042$1,339,441$377,486$8,216,730
83$14,627,979$1,342,244$327,302$8,956,002
84$16,055,225$1,343,206$273,459$9,768,838
85$17,626,008$1,342,174$215,770$10,662,739
86$19,354,906$1,338,985$154,043$11,645,974
87$21,257,979$1,333,468$88,076$12,727,657
88$23,352,925$1,325,440$17,659$13,917,835
89$25,659,244$1,314,707$0$15,227,583
90$28,198,424$1,301,065$0$16,675,243
91$30,994,142$1,284,295$0$18,270,547
92$34,072,486$1,264,167$0$20,026,466
93$37,462,205$1,240,437$0$21,959,377
94$41,194,976$1,212,845$0$24,087,329
95$45,305,707$1,181,117$0$26,430,216
96$49,832,860$1,144,963$0$29,009,963
97$54,818,822$1,104,076$0$31,850,736
98$60,310,296$1,058,130$0$34,979,168
99$66,358,749$1,006,781$0$38,424,616
100$73,020,893$949,666$0$42,219,432