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%15.5%
1 years$66,311$65,720$65,144$64,582$64,032$62,586
2 years$32,827$32,216$31,623$31,049$30,492$29,042
3 years$21,667$21,053$20,462$19,893$19,345$17,938
4 years$16,089$15,476$14,891$14,332$13,797$12,443
5 years$12,742$12,134$11,556$11,008$10,488$9,191
6 years$10,512$9,908$9,339$8,803$8,299$7,060
7 years$8,920$8,321$7,761$7,238$6,749$5,569
8 years$7,726$7,132$6,582$6,072$5,599$4,477
9 years$6,798$6,210$5,669$5,172$4,715$3,650
10 years$6,056$5,474$4,942$4,458$4,018$3,008
11 years$5,449$4,873$4,351$3,880$3,455$2,500
12 years$4,944$4,374$3,862$3,403$2,994$2,092
13 years$4,517$3,953$3,450$3,004$2,611$1,761
14 years$4,151$3,593$3,100$2,667$2,289$1,488
15 years$3,834$3,282$2,799$2,379$2,015$1,262
16 years$3,558$3,011$2,538$2,130$1,781$1,074
17 years$3,314$2,773$2,309$1,914$1,579$916
18 years$3,097$2,563$2,108$1,724$1,404$784
19 years$2,903$2,375$1,930$1,558$1,252$671
20 years$2,729$2,207$1,771$1,411$1,118$576
21 years$2,572$2,056$1,629$1,281$1,000$495
22 years$2,429$1,919$1,501$1,165$897$425
23 years$2,299$1,795$1,386$1,061$805$366
24 years$2,180$1,682$1,282$967$724$315
25 years$2,070$1,578$1,187$883$651$272
26 years$1,969$1,483$1,101$808$586$234
27 years$1,876$1,396$1,023$739$529$202
28 years$1,790$1,315$951$677$477$175
29 years$1,709$1,241$885$621$431$151
30 years$1,635$1,172$824$570$389$130
31 years$1,565$1,108$768$524$352$113
32 years$1,499$1,048$717$481$318$97
33 years$1,438$993$669$442$288$84
34 years$1,381$941$625$407$261$73
35 years$1,326$892$585$375$236$63
36 years$1,275$847$547$345$214$54
37 years$1,227$804$512$318$194$47
38 years$1,182$764$479$293$176$41
39 years$1,139$727$449$270$160$35
40 years$1,098$692$421$249$145$31
41 years$1,059$658$395$230$131$26
42 years$1,022$627$370$212$119$23
43 years$987$597$347$196$108$20
44 years$954$569$326$181$98$17
45 years$922$543$306$167$89$15
46 years$892$518$288$154$81$13
47 years$863$494$270$143$73$11
48 years$836$472$254$132$67$10
49 years$809$451$239$122$61$8
50 years$784$430$224$113$55$7

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 $27,473 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: 43/39/18 Blend
49$803,000$803,000$803,000$803,000
50$889,092$846,533$834,086$922,506
51$950,548$858,782$832,797$958,705
52$1,017,352$870,710$830,544$994,885
53$1,090,021$882,274$827,266$1,033,506
54$1,169,121$893,424$822,898$1,074,806
55$1,255,280$904,109$817,373$1,119,046
56$1,349,184$914,277$810,621$1,166,519
57$1,451,591$923,867$802,567$1,217,545
58$1,563,335$932,817$793,134$1,272,480
59$1,685,333$941,063$782,242$1,331,715
60$1,818,594$948,532$769,804$1,395,686
61$1,964,230$955,150$755,732$1,464,871
62$2,123,466$960,837$739,934$1,539,801
63$2,297,649$965,508$722,311$1,621,061
64$2,488,263$969,071$702,762$1,709,298
65$2,696,941$971,431$681,180$1,805,228
66$2,925,483$972,485$657,453$1,909,640
67$3,175,870$972,124$631,466$2,023,408
68$3,450,284$970,234$603,095$2,147,495
69$3,751,128$966,690$572,214$2,282,966
70$4,081,049$961,364$538,689$2,430,998
71$4,442,963$954,117$502,382$2,592,890
72$4,840,079$944,803$463,146$2,770,076
73$5,275,935$933,267$420,829$2,964,141
74$5,754,427$919,343$375,273$3,176,833
75$6,279,846$902,858$326,312$3,410,086
76$6,856,919$883,627$273,773$3,666,030
77$7,490,854$861,455$217,474$3,947,020
78$8,187,389$836,133$157,226$4,255,655
79$8,952,842$807,444$92,834$4,594,804
80$9,794,178$775,154$24,089$4,967,632
81$10,719,067$739,019$0$5,377,635
82$11,735,959$698,779$0$5,838,132
83$12,854,166$654,159$0$6,349,469
84$14,083,947$604,868$0$6,911,757
85$15,436,602$550,599$0$7,530,224
86$16,924,585$491,028$0$8,210,640
87$18,561,617$425,812$0$8,959,364
88$20,362,813$354,588$0$9,783,411
89$22,344,830$276,974$0$10,690,517
90$24,526,021$192,564$0$11,689,214
91$26,926,608$100,932$0$12,788,906
92$29,568,870$1,626$0$13,999,969
93$32,477,359$0$0$15,333,840
94$35,679,127$0$0$16,848,550
95$39,203,981$0$0$18,516,999
96$43,084,765$0$0$20,354,051
97$47,357,673$0$0$22,376,855
98$52,062,582$0$0$24,604,306
99$57,243,436$0$0$27,057,224
100$62,948,657$0$0$29,758,553