Can I retire at age 50 with 806,000?

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 $806,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$66,559$65,966$65,387$64,823$64,272$61,917
2 years$32,950$32,336$31,741$31,165$30,606$28,260
3 years$21,748$21,132$20,539$19,968$19,417$17,154
4 years$16,149$15,534$14,947$14,386$13,849$11,685
5 years$12,790$12,179$11,599$11,049$10,528$8,469
6 years$10,551$9,945$9,374$8,836$8,330$6,378
7 years$8,953$8,352$7,790$7,265$6,775$4,929
8 years$7,755$7,159$6,606$6,094$5,620$3,879
9 years$6,823$6,233$5,690$5,191$4,733$3,094
10 years$6,079$5,494$4,961$4,475$4,033$2,494
11 years$5,470$4,891$4,367$3,894$3,468$2,025
12 years$4,963$4,390$3,876$3,416$3,006$1,655
13 years$4,534$3,967$3,463$3,016$2,621$1,359
14 years$4,167$3,606$3,111$2,677$2,297$1,120
15 years$3,849$3,294$2,809$2,387$2,023$927
16 years$3,571$3,023$2,547$2,138$1,788$768
17 years$3,326$2,784$2,318$1,921$1,585$639
18 years$3,108$2,572$2,116$1,731$1,409$532
19 years$2,914$2,384$1,937$1,564$1,256$443
20 years$2,739$2,215$1,778$1,417$1,122$370
21 years$2,581$2,063$1,635$1,286$1,004$309
22 years$2,438$1,926$1,507$1,169$900$258
23 years$2,307$1,801$1,391$1,065$808$216
24 years$2,188$1,688$1,287$971$726$181
25 years$2,078$1,584$1,192$887$654$152
26 years$1,977$1,489$1,105$811$589$127
27 years$1,883$1,401$1,026$742$531$106
28 years$1,796$1,320$954$680$479$89
29 years$1,716$1,245$888$624$432$75
30 years$1,641$1,176$827$572$391$63
31 years$1,571$1,112$771$526$353$53
32 years$1,505$1,052$719$483$320$44
33 years$1,443$996$672$444$289$37
34 years$1,386$944$628$409$262$31
35 years$1,331$896$587$376$237$26
36 years$1,280$850$549$346$215$22
37 years$1,232$807$514$319$195$18
38 years$1,186$767$481$294$177$15
39 years$1,143$730$451$271$160$13
40 years$1,102$694$423$250$145$11
41 years$1,063$661$396$231$132$9
42 years$1,026$629$372$213$120$8
43 years$991$600$349$197$108$6
44 years$958$572$327$182$98$5
45 years$926$545$307$168$89$5
46 years$895$520$289$155$81$4
47 years$866$496$271$143$74$3
48 years$839$474$255$132$67$3
49 years$812$452$240$122$61$2
50 years$787$432$225$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $806,000, adding $6,374 every year, while hoping to spend $40,349 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: 73/11/16 Blend
49$806,000$806,000$806,000$806,000
50$894,787$852,069$839,576$956,412
51$943,124$850,889$824,771$996,932
52$995,039$848,299$808,117$1,035,758
53$1,050,855$844,188$789,511$1,077,227
54$1,110,925$838,436$768,842$1,121,593
55$1,175,638$830,918$745,997$1,169,133
56$1,245,421$821,501$720,856$1,220,157
57$1,320,742$810,043$693,293$1,275,005
58$1,402,118$796,394$663,178$1,334,052
59$1,490,113$780,397$630,374$1,397,713
60$1,585,351$761,883$594,737$1,466,447
61$1,688,515$740,674$556,120$1,540,758
62$1,800,359$716,581$514,364$1,621,203
63$1,921,707$689,406$469,308$1,708,400
64$2,053,472$658,937$420,780$1,803,026
65$2,196,652$624,951$368,602$1,905,831
66$2,352,350$587,213$312,589$2,017,645
67$2,521,775$545,472$252,547$2,139,379
68$2,706,260$499,464$188,271$2,272,041
69$2,907,272$448,911$119,551$2,416,746
70$3,126,423$393,517$46,166$2,574,719
71$3,365,490$332,971$0$2,747,315
72$3,626,427$266,944$0$2,941,519
73$3,911,386$195,088$0$3,162,257
74$4,222,736$117,035$0$3,403,505
75$4,563,083$32,398$0$3,667,313
76$4,935,299$0$0$3,955,944
77$5,342,545$0$0$4,279,061
78$5,788,301$0$0$4,637,062
79$6,276,399$0$0$5,029,107
80$6,811,061$0$0$5,458,591
81$7,396,934$0$0$5,929,252
82$8,039,138$0$0$6,445,209
83$8,743,309$0$0$7,010,995
84$9,515,658$0$0$7,631,605
85$10,363,022$0$0$8,312,540
86$11,292,936$0$0$9,059,859
87$12,313,697$0$0$9,880,238
88$13,434,446$0$0$10,781,028
89$14,665,250$0$0$11,770,328
90$16,017,202$0$0$12,857,060
91$17,502,520$0$0$14,051,052
92$19,134,665$0$0$15,363,133
93$20,928,466$0$0$16,805,231
94$22,900,259$0$0$18,390,487
95$25,068,044$0$0$20,133,380
96$27,451,649$0$0$22,049,860
97$30,072,922$0$0$24,157,501
98$32,955,933$0$0$26,475,667
99$36,127,201$0$0$29,025,689
100$39,615,947$0$0$31,831,074