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%18.1%
1 years$66,394$65,802$65,225$64,662$64,112$62,010
2 years$32,868$32,256$31,663$31,088$30,530$28,432
3 years$21,694$21,080$20,488$19,918$19,369$17,342
4 years$16,109$15,496$14,910$14,350$13,814$11,873
5 years$12,758$12,149$11,571$11,022$10,501$8,651
6 years$10,525$9,920$9,351$8,814$8,309$6,551
7 years$8,931$8,331$7,771$7,247$6,758$5,092
8 years$7,736$7,141$6,590$6,079$5,606$4,031
9 years$6,806$6,218$5,676$5,178$4,721$3,235
10 years$6,063$5,481$4,949$4,464$4,023$2,623
11 years$5,456$4,879$4,357$3,885$3,460$2,145
12 years$4,950$4,379$3,866$3,407$2,998$1,764
13 years$4,523$3,958$3,454$3,008$2,614$1,459
14 years$4,156$3,597$3,104$2,670$2,292$1,211
15 years$3,839$3,286$2,802$2,381$2,018$1,009
16 years$3,562$3,015$2,541$2,132$1,783$843
17 years$3,318$2,777$2,312$1,916$1,581$705
18 years$3,101$2,566$2,110$1,727$1,406$591
19 years$2,907$2,378$1,932$1,560$1,253$497
20 years$2,733$2,210$1,773$1,413$1,119$418
21 years$2,575$2,058$1,631$1,282$1,002$352
22 years$2,432$1,921$1,503$1,166$898$296
23 years$2,302$1,797$1,388$1,062$806$250
24 years$2,182$1,684$1,284$969$724$211
25 years$2,073$1,580$1,189$884$652$178
26 years$1,972$1,485$1,103$809$587$150
27 years$1,878$1,398$1,024$740$529$127
28 years$1,792$1,317$952$678$478$107
29 years$1,712$1,242$886$622$431$91
30 years$1,637$1,173$825$571$390$77
31 years$1,567$1,109$769$524$352$65
32 years$1,501$1,049$718$482$319$55
33 years$1,440$994$670$443$288$47
34 years$1,382$942$626$408$261$39
35 years$1,328$893$585$375$237$33
36 years$1,277$848$548$346$214$28
37 years$1,229$805$513$318$194$24
38 years$1,183$765$480$293$176$20
39 years$1,140$728$450$271$160$17
40 years$1,099$692$421$250$145$14
41 years$1,060$659$395$230$131$12
42 years$1,024$628$371$213$119$10
43 years$989$598$348$196$108$9
44 years$955$570$327$181$98$7
45 years$924$544$307$167$89$6
46 years$893$519$288$155$81$5
47 years$864$495$271$143$74$5
48 years$837$473$254$132$67$4
49 years$810$451$239$122$61$3
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 $3,342 every year, while hoping to spend $42,455 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: 23/50/27 Blend
49$804,000$804,000$804,000$804,000
50$889,455$846,843$834,381$902,244
51$935,008$843,167$817,161$909,828
52$983,784$837,887$797,941$914,139
53$1,036,068$830,881$776,610$917,848
54$1,092,170$822,018$753,050$920,931
55$1,152,433$811,159$727,139$923,368
56$1,217,233$798,157$698,749$925,143
57$1,286,980$782,856$667,747$926,239
58$1,362,127$765,092$633,992$926,647
59$1,443,172$744,689$597,339$926,360
60$1,530,660$721,462$557,633$925,377
61$1,625,190$695,217$514,717$923,703
62$1,727,422$665,745$468,423$921,349
63$1,838,080$632,828$418,576$918,336
64$1,957,961$596,234$364,995$914,693
65$2,087,941$555,716$307,490$910,461
66$2,228,981$511,017$245,862$905,693
67$2,382,142$461,862$179,903$900,455
68$2,548,588$407,961$109,397$894,830
69$2,729,602$349,008$34,119$888,920
70$2,926,591$284,680$0$882,847
71$3,141,109$214,634$0$890,071
72$3,374,861$138,511$0$908,804
73$3,629,727$55,928$0$929,481
74$3,907,775$0$0$952,417
75$4,211,279$0$0$996,403
76$4,542,746$0$0$1,078,181
77$4,904,932$0$0$1,167,674
78$5,300,874$0$0$1,265,650
79$5,733,916$0$0$1,372,955
80$6,207,736$0$0$1,490,518
81$6,726,389$0$0$1,619,364
82$7,294,336$0$0$1,760,623
83$7,916,492$0$0$1,915,536
84$8,598,269$0$0$2,085,474
85$9,345,628$0$0$2,271,943
86$10,165,134$0$0$2,476,606
87$11,064,015$0$0$2,701,291
88$12,050,237$0$0$2,948,014
89$13,132,570$0$0$3,218,996
90$14,320,678$0$0$3,516,682
91$15,625,203$0$0$3,843,766
92$17,057,870$0$0$4,203,217
93$18,631,594$0$0$4,598,305
94$20,360,604$0$0$5,032,632
95$22,260,573$0$0$5,510,167
96$24,348,769$0$0$6,035,283
97$26,644,216$0$0$6,612,798
98$29,167,872$0$0$7,248,020
99$31,942,829$0$0$7,946,797
100$34,994,526$0$0$8,715,574