Can I retire at age 50 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$66,394$65,802$65,225$64,662$64,112$62,085
2 years$32,868$32,256$31,663$31,088$30,530$28,505
3 years$21,694$21,080$20,488$19,918$19,369$17,412
4 years$16,109$15,496$14,910$14,350$13,814$11,938
5 years$12,758$12,149$11,571$11,022$10,501$8,712
6 years$10,525$9,920$9,351$8,814$8,309$6,609
7 years$8,931$8,331$7,771$7,247$6,758$5,145
8 years$7,736$7,141$6,590$6,079$5,606$4,081
9 years$6,806$6,218$5,676$5,178$4,721$3,281
10 years$6,063$5,481$4,949$4,464$4,023$2,666
11 years$5,456$4,879$4,357$3,885$3,460$2,183
12 years$4,950$4,379$3,866$3,407$2,998$1,800
13 years$4,523$3,958$3,454$3,008$2,614$1,491
14 years$4,156$3,597$3,104$2,670$2,292$1,240
15 years$3,839$3,286$2,802$2,381$2,018$1,035
16 years$3,562$3,015$2,541$2,132$1,783$867
17 years$3,318$2,777$2,312$1,916$1,581$727
18 years$3,101$2,566$2,110$1,727$1,406$611
19 years$2,907$2,378$1,932$1,560$1,253$515
20 years$2,733$2,210$1,773$1,413$1,119$434
21 years$2,575$2,058$1,631$1,282$1,002$366
22 years$2,432$1,921$1,503$1,166$898$309
23 years$2,302$1,797$1,388$1,062$806$261
24 years$2,182$1,684$1,284$969$724$221
25 years$2,073$1,580$1,189$884$652$187
26 years$1,972$1,485$1,103$809$587$158
27 years$1,878$1,398$1,024$740$529$134
28 years$1,792$1,317$952$678$478$114
29 years$1,712$1,242$886$622$431$96
30 years$1,637$1,173$825$571$390$82
31 years$1,567$1,109$769$524$352$69
32 years$1,501$1,049$718$482$319$59
33 years$1,440$994$670$443$288$50
34 years$1,382$942$626$408$261$42
35 years$1,328$893$585$375$237$36
36 years$1,277$848$548$346$214$30
37 years$1,229$805$513$318$194$26
38 years$1,183$765$480$293$176$22
39 years$1,140$728$450$271$160$19
40 years$1,099$692$421$250$145$16
41 years$1,060$659$395$230$131$13
42 years$1,024$628$371$213$119$11
43 years$989$598$348$196$108$10
44 years$955$570$327$181$98$8
45 years$924$544$307$167$89$7
46 years$893$519$288$155$81$6
47 years$864$495$271$143$74$5
48 years$837$473$254$132$67$4
49 years$810$451$239$122$61$4
50 years$785$431$225$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $804,000, adding $2,667 every year, while hoping to spend $42,302 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: 71/23/6 Blend
49$804,000$804,000$804,000$804,000
50$888,759$846,147$833,685$950,994
51$934,403$842,599$816,604$988,885
52$983,286$837,460$797,534$1,024,830
53$1,035,692$830,606$776,362$1,062,993
54$1,091,935$821,908$752,972$1,103,578
55$1,152,358$811,228$727,243$1,146,816
56$1,217,340$798,419$699,047$1,192,958
57$1,287,294$783,327$668,251$1,242,282
58$1,362,676$765,788$634,715$1,295,098
59$1,443,985$745,628$598,294$1,351,744
60$1,531,771$722,663$558,836$1,412,598
61$1,626,636$696,699$516,182$1,478,074
62$1,729,245$667,528$470,166$1,548,631
63$1,840,325$634,935$420,614$1,624,777
64$1,960,679$598,687$367,345$1,707,072
65$2,091,187$558,541$310,170$1,796,134
66$2,232,818$514,240$248,890$1,892,648
67$2,386,638$465,510$183,301$1,997,369
68$2,553,818$412,063$113,185$2,111,131
69$2,735,649$353,596$38,318$2,234,856
70$2,933,549$289,786$0$2,369,562
71$3,149,079$220,293$0$2,519,035
72$3,383,957$144,759$0$2,684,647
73$3,640,073$62,805$0$2,865,328
74$3,919,508$0$0$3,062,611
75$4,224,552$0$0$3,284,759
76$4,557,725$0$0$3,544,791
77$4,921,804$0$0$3,828,984
78$5,319,844$0$0$4,139,727
79$5,755,208$0$0$4,479,652
80$6,231,600$0$0$4,851,656
81$6,753,100$0$0$5,258,929
82$7,324,197$0$0$5,704,985
83$7,949,839$0$0$6,193,693
84$8,635,470$0$0$6,729,312
85$9,387,091$0$0$7,316,537
86$10,211,307$0$0$7,960,535
87$11,115,396$0$0$8,666,998
88$12,107,371$0$0$9,442,198
89$13,196,062$0$0$10,293,039
90$14,391,191$0$0$11,227,130
91$15,703,471$0$0$12,252,850
92$17,144,702$0$0$13,379,431
93$18,727,882$0$0$14,617,043
94$20,467,331$0$0$15,976,887
95$22,378,823$0$0$17,471,306
96$24,479,738$0$0$19,113,897
97$26,789,221$0$0$20,919,637
98$29,328,368$0$0$22,905,032
99$32,120,417$0$0$25,088,261
100$35,190,972$0$0$27,489,358