Can I retire at age 50 with 801,000?

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 $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%17.3%
1 years$66,146$65,557$64,982$64,421$63,873$61,977
2 years$32,745$32,136$31,545$30,972$30,416$28,522
3 years$21,613$21,001$20,411$19,844$19,297$17,464
4 years$16,049$15,438$14,854$14,296$13,763$12,004
5 years$12,710$12,104$11,528$10,981$10,462$8,784
6 years$10,486$9,883$9,316$8,782$8,278$6,681
7 years$8,897$8,300$7,742$7,220$6,733$5,216
8 years$7,707$7,115$6,565$6,056$5,585$4,149
9 years$6,781$6,195$5,655$5,159$4,704$3,346
10 years$6,041$5,460$4,930$4,447$4,008$2,727
11 years$5,436$4,861$4,340$3,870$3,447$2,241
12 years$4,932$4,363$3,852$3,395$2,987$1,853
13 years$4,506$3,943$3,441$2,997$2,605$1,541
14 years$4,141$3,584$3,092$2,660$2,283$1,286
15 years$3,825$3,274$2,792$2,373$2,010$1,077
16 years$3,549$3,004$2,531$2,124$1,777$905
17 years$3,305$2,766$2,303$1,909$1,575$762
18 years$3,089$2,556$2,103$1,720$1,401$643
19 years$2,896$2,369$1,925$1,554$1,249$543
20 years$2,722$2,202$1,767$1,408$1,115$460
21 years$2,565$2,051$1,625$1,278$998$390
22 years$2,423$1,914$1,498$1,162$895$330
23 years$2,293$1,790$1,383$1,058$803$280
24 years$2,174$1,677$1,279$965$722$238
25 years$2,065$1,574$1,184$881$649$202
26 years$1,964$1,479$1,098$806$585$172
27 years$1,871$1,392$1,020$737$527$146
28 years$1,785$1,312$948$676$476$124
29 years$1,705$1,238$882$620$430$106
30 years$1,630$1,169$822$569$388$90
31 years$1,561$1,105$766$522$351$77
32 years$1,496$1,046$715$480$318$65
33 years$1,434$990$668$441$287$56
34 years$1,377$938$624$406$260$47
35 years$1,323$890$583$374$236$40
36 years$1,272$845$546$344$214$34
37 years$1,224$802$511$317$194$29
38 years$1,179$763$478$292$175$25
39 years$1,136$725$448$270$159$21
40 years$1,095$690$420$249$144$18
41 years$1,056$657$394$229$131$15
42 years$1,020$625$369$212$119$13
43 years$985$596$347$195$108$11
44 years$952$568$325$180$98$10
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$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $801,000, adding $4,297 every year, while hoping to spend $38,035 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: 34/49/17 Blend
49$801,000$801,000$801,000$801,000
50$887,134$844,681$832,266$912,506
51$937,153$845,602$819,678$932,399
52$990,999$845,293$805,393$949,988
53$1,049,022$843,653$789,315$968,145
54$1,111,608$840,577$771,342$986,943
55$1,179,177$835,952$751,368$1,006,463
56$1,252,196$829,656$729,282$1,026,798
57$1,331,175$821,563$704,967$1,048,054
58$1,416,673$811,539$678,302$1,070,350
59$1,509,309$799,439$649,160$1,093,821
60$1,609,759$785,112$617,408$1,118,620
61$1,718,770$768,399$582,907$1,144,920
62$1,837,163$749,128$545,512$1,172,916
63$1,965,838$727,120$505,071$1,202,826
64$2,105,788$702,183$461,426$1,234,896
65$2,258,106$674,118$414,411$1,269,402
66$2,423,992$642,709$363,853$1,306,656
67$2,604,768$607,731$309,572$1,347,004
68$2,801,890$568,945$251,378$1,390,836
69$3,016,959$526,099$189,075$1,438,587
70$3,251,737$478,926$122,457$1,490,746
71$3,508,164$427,144$51,309$1,547,855
72$3,788,376$370,453$0$1,610,522
73$4,094,725$308,540$0$1,683,892
74$4,429,799$241,071$0$1,774,477
75$4,796,450$167,694$0$1,873,848
76$5,197,815$88,039$0$1,982,989
77$5,637,352$1,712$0$2,102,994
78$6,118,867$0$0$2,235,076
79$6,646,550$0$0$2,430,023
80$7,225,020$0$0$2,644,864
81$7,859,360$0$0$2,880,579
82$8,555,170$0$0$3,139,264
83$9,318,619$0$0$3,423,228
84$10,156,500$0$0$3,735,015
85$11,076,298$0$0$4,077,427
86$12,086,256$0$0$4,453,550
87$13,195,455$0$0$4,866,784
88$14,413,899$0$0$5,320,876
89$15,752,609$0$0$5,819,953
90$17,223,724$0$0$6,368,560
91$18,840,621$0$0$6,971,707
92$20,618,033$0$0$7,634,911
93$22,572,194$0$0$8,364,254
94$24,720,991$0$0$9,166,432
95$27,084,127$0$0$10,048,827
96$29,683,314$0$0$11,019,570
97$32,542,470$0$0$12,087,620
98$35,687,952$0$0$13,262,850
99$39,148,796$0$0$14,556,134
100$42,956,998$0$0$15,979,459