Can I retire at age 50 with 803,000?

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 $803,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$66,311$65,720$65,144$64,582$64,032$62,434
2 years$32,827$32,216$31,623$31,049$30,492$28,891
3 years$21,667$21,053$20,462$19,893$19,345$17,793
4 years$16,089$15,476$14,891$14,332$13,797$12,305
5 years$12,742$12,134$11,556$11,008$10,488$9,061
6 years$10,512$9,908$9,339$8,803$8,299$6,937
7 years$8,920$8,321$7,761$7,238$6,749$5,453
8 years$7,726$7,132$6,582$6,072$5,599$4,368
9 years$6,798$6,210$5,669$5,172$4,715$3,549
10 years$6,056$5,474$4,942$4,458$4,018$2,914
11 years$5,449$4,873$4,351$3,880$3,455$2,413
12 years$4,944$4,374$3,862$3,403$2,994$2,011
13 years$4,517$3,953$3,450$3,004$2,611$1,686
14 years$4,151$3,593$3,100$2,667$2,289$1,419
15 years$3,834$3,282$2,799$2,379$2,015$1,199
16 years$3,558$3,011$2,538$2,130$1,781$1,016
17 years$3,314$2,773$2,309$1,914$1,579$863
18 years$3,097$2,563$2,108$1,724$1,404$734
19 years$2,903$2,375$1,930$1,558$1,252$626
20 years$2,729$2,207$1,771$1,411$1,118$535
21 years$2,572$2,056$1,629$1,281$1,000$457
22 years$2,429$1,919$1,501$1,165$897$391
23 years$2,299$1,795$1,386$1,061$805$335
24 years$2,180$1,682$1,282$967$724$287
25 years$2,070$1,578$1,187$883$651$247
26 years$1,969$1,483$1,101$808$586$212
27 years$1,876$1,396$1,023$739$529$182
28 years$1,790$1,315$951$677$477$156
29 years$1,709$1,241$885$621$431$134
30 years$1,635$1,172$824$570$389$115
31 years$1,565$1,108$768$524$352$99
32 years$1,499$1,048$717$481$318$85
33 years$1,438$993$669$442$288$73
34 years$1,381$941$625$407$261$63
35 years$1,326$892$585$375$236$54
36 years$1,275$847$547$345$214$47
37 years$1,227$804$512$318$194$40
38 years$1,182$764$479$293$176$35
39 years$1,139$727$449$270$160$30
40 years$1,098$692$421$249$145$26
41 years$1,059$658$395$230$131$22
42 years$1,022$627$370$212$119$19
43 years$987$597$347$196$108$16
44 years$954$569$326$181$98$14
45 years$922$543$306$167$89$12
46 years$892$518$288$154$81$10
47 years$863$494$270$143$73$9
48 years$836$472$254$132$67$8
49 years$809$451$239$122$61$7
50 years$784$430$224$113$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $803,000, adding $4,058 every year, while hoping to spend $31,406 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: 68/20/12 Blend
49$803,000$803,000$803,000$803,000
50$889,092$846,533$834,086$946,948
51$946,363$854,597$828,612$994,005
52$1,008,424$862,004$821,903$1,041,321
53$1,075,729$868,688$813,882$1,092,254
54$1,148,780$874,580$804,473$1,147,158
55$1,228,126$879,605$793,594$1,206,418
56$1,314,374$883,685$781,158$1,270,461
57$1,408,190$886,735$767,077$1,339,759
58$1,510,307$888,667$751,256$1,414,831
59$1,621,533$889,386$733,598$1,496,248
60$1,742,755$888,792$713,998$1,584,644
61$1,874,949$886,776$692,351$1,680,713
62$2,019,193$883,226$668,543$1,785,225
63$2,176,668$878,022$642,457$1,899,027
64$2,348,679$871,036$613,970$2,023,054
65$2,536,660$862,132$582,954$2,158,335
66$2,742,189$851,167$549,273$2,306,009
67$2,967,007$837,989$512,788$2,467,328
68$3,213,027$822,436$473,352$2,643,675
69$3,482,358$804,337$430,811$2,836,576
70$3,777,321$783,512$385,006$3,047,713
71$4,100,473$759,769$335,769$3,278,940
72$4,454,629$732,906$282,925$3,532,304
73$4,842,890$702,707$226,292$3,810,060
74$5,268,671$668,946$165,679$4,114,696
75$5,735,734$631,383$100,888$4,448,957
76$6,248,221$589,763$31,710$4,815,868
77$6,810,697$543,819$0$5,218,765
78$7,428,188$493,265$0$5,666,721
79$8,106,230$437,803$0$6,163,084
80$8,850,925$377,115$0$6,708,293
81$9,668,991$310,865$0$7,307,315
82$10,567,831$238,700$0$7,965,620
83$11,555,600$160,246$0$8,689,242
84$12,641,281$75,109$0$9,484,831
85$13,834,773$0$0$10,359,714
86$15,146,979$0$0$11,325,742
87$16,589,914$0$0$12,406,238
88$18,176,813$0$0$13,594,591
89$19,922,260$0$0$14,901,728
90$21,842,322$0$0$16,339,689
91$23,954,702$0$0$17,921,737
92$26,278,905$0$0$19,662,490
93$28,836,423$0$0$21,578,051
94$31,650,936$0$0$23,686,164
95$34,748,535$0$0$26,006,379
96$38,157,968$0$0$28,560,239
97$41,910,914$0$0$31,371,482
98$46,042,277$0$0$34,466,261
99$50,590,517$0$0$37,873,397
100$55,598,013$0$0$41,624,645