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%16.9%
1 years$66,146$65,557$64,982$64,421$63,873$62,077
2 years$32,745$32,136$31,545$30,972$30,416$28,620
3 years$21,613$21,001$20,411$19,844$19,297$17,558
4 years$16,049$15,438$14,854$14,296$13,763$12,094
5 years$12,710$12,104$11,528$10,981$10,462$8,867
6 years$10,486$9,883$9,316$8,782$8,278$6,760
7 years$8,897$8,300$7,742$7,220$6,733$5,290
8 years$7,707$7,115$6,565$6,056$5,585$4,217
9 years$6,781$6,195$5,655$5,159$4,704$3,410
10 years$6,041$5,460$4,930$4,447$4,008$2,786
11 years$5,436$4,861$4,340$3,870$3,447$2,295
12 years$4,932$4,363$3,852$3,395$2,987$1,903
13 years$4,506$3,943$3,441$2,997$2,605$1,586
14 years$4,141$3,584$3,092$2,660$2,283$1,328
15 years$3,825$3,274$2,792$2,373$2,010$1,116
16 years$3,549$3,004$2,531$2,124$1,777$940
17 years$3,305$2,766$2,303$1,909$1,575$794
18 years$3,089$2,556$2,103$1,720$1,401$672
19 years$2,896$2,369$1,925$1,554$1,249$569
20 years$2,722$2,202$1,767$1,408$1,115$483
21 years$2,565$2,051$1,625$1,278$998$411
22 years$2,423$1,914$1,498$1,162$895$349
23 years$2,293$1,790$1,383$1,058$803$297
24 years$2,174$1,677$1,279$965$722$253
25 years$2,065$1,574$1,184$881$649$216
26 years$1,964$1,479$1,098$806$585$184
27 years$1,871$1,392$1,020$737$527$157
28 years$1,785$1,312$948$676$476$134
29 years$1,705$1,238$882$620$430$115
30 years$1,630$1,169$822$569$388$98
31 years$1,561$1,105$766$522$351$84
32 years$1,496$1,046$715$480$318$71
33 years$1,434$990$668$441$287$61
34 years$1,377$938$624$406$260$52
35 years$1,323$890$583$374$236$45
36 years$1,272$845$546$344$214$38
37 years$1,224$802$511$317$194$33
38 years$1,179$763$478$292$175$28
39 years$1,136$725$448$270$159$24
40 years$1,095$690$420$249$144$20
41 years$1,056$657$394$229$131$17
42 years$1,020$625$369$212$119$15
43 years$985$596$347$195$108$13
44 years$952$568$325$180$98$11
45 years$920$542$305$167$89$9
46 years$890$517$287$154$81$8
47 years$861$493$270$142$73$7
48 years$834$471$253$131$67$6
49 years$807$450$238$121$60$5
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 $3,921 every year, while hoping to spend $49,735 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: 62/10/28 Blend
49$801,000$801,000$801,000$801,000
50$886,747$844,294$831,878$934,842
51$924,277$832,746$806,828$956,440
52$963,969$818,966$779,272$974,269
53$1,005,990$802,792$749,074$992,677
54$1,050,523$784,051$716,091$1,011,731
55$1,097,769$762,562$680,173$1,031,505
56$1,147,948$738,134$641,164$1,052,084
57$1,201,298$710,562$598,903$1,073,564
58$1,258,082$679,631$553,218$1,096,052
59$1,318,587$645,113$503,931$1,119,668
60$1,383,127$606,768$450,857$1,144,549
61$1,452,046$564,340$393,801$1,170,847
62$1,525,722$517,561$332,561$1,198,733
63$1,604,569$466,144$266,925$1,228,399
64$1,689,040$409,790$196,671$1,260,058
65$1,779,631$348,179$121,570$1,293,952
66$1,876,890$280,977$41,379$1,330,347
67$1,981,416$207,827$0$1,369,544
68$2,093,864$128,355$0$1,425,082
69$2,214,959$42,164$0$1,498,179
70$2,345,492$0$0$1,576,957
71$2,486,334$0$0$1,667,594
72$2,638,443$0$0$1,770,539
73$2,802,869$0$0$1,881,869
74$2,980,770$0$0$2,002,373
75$3,173,414$0$0$2,132,918
76$3,382,199$0$0$2,274,457
77$3,608,661$0$0$2,428,039
78$3,854,489$0$0$2,594,815
79$4,121,540$0$0$2,776,055
80$4,411,857$0$0$2,973,154
81$4,727,690$0$0$3,187,645
82$5,071,511$0$0$3,421,218
83$5,446,042$0$0$3,675,732
84$5,854,278$0$0$3,953,231
85$6,299,516$0$0$4,255,966
86$6,785,383$0$0$4,586,414
87$7,315,872$0$0$4,947,302
88$7,895,381$0$0$5,341,633
89$8,528,748$0$0$5,772,712
90$9,221,302$0$0$6,244,176
91$9,978,909$0$0$6,760,034
92$10,808,029$0$0$7,324,696
93$11,715,774$0$0$7,943,020
94$12,709,976$0$0$8,620,357
95$13,799,262$0$0$9,362,597
96$14,993,130$0$0$10,176,229
97$16,302,043$0$0$11,068,398
98$17,737,523$0$0$12,046,976
99$19,312,260$0$0$13,120,632
100$21,040,235$0$0$14,298,913