Can I retire at age 50 with 806,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.6%
1 years$66,559$65,966$65,387$64,823$64,272$62,540
2 years$32,950$32,336$31,741$31,165$30,606$28,874
3 years$21,748$21,132$20,539$19,968$19,417$17,739
4 years$16,149$15,534$14,947$14,386$13,849$12,237
5 years$12,790$12,179$11,599$11,049$10,528$8,987
6 years$10,551$9,945$9,374$8,836$8,330$6,862
7 years$8,953$8,352$7,790$7,265$6,775$5,379
8 years$7,755$7,159$6,606$6,094$5,620$4,296
9 years$6,823$6,233$5,690$5,191$4,733$3,479
10 years$6,079$5,494$4,961$4,475$4,033$2,848
11 years$5,470$4,891$4,367$3,894$3,468$2,351
12 years$4,963$4,390$3,876$3,416$3,006$1,953
13 years$4,534$3,967$3,463$3,016$2,621$1,631
14 years$4,167$3,606$3,111$2,677$2,297$1,369
15 years$3,849$3,294$2,809$2,387$2,023$1,152
16 years$3,571$3,023$2,547$2,138$1,788$973
17 years$3,326$2,784$2,318$1,921$1,585$823
18 years$3,108$2,572$2,116$1,731$1,409$698
19 years$2,914$2,384$1,937$1,564$1,256$593
20 years$2,739$2,215$1,778$1,417$1,122$505
21 years$2,581$2,063$1,635$1,286$1,004$430
22 years$2,438$1,926$1,507$1,169$900$366
23 years$2,307$1,801$1,391$1,065$808$313
24 years$2,188$1,688$1,287$971$726$267
25 years$2,078$1,584$1,192$887$654$228
26 years$1,977$1,489$1,105$811$589$195
27 years$1,883$1,401$1,026$742$531$167
28 years$1,796$1,320$954$680$479$143
29 years$1,716$1,245$888$624$432$122
30 years$1,641$1,176$827$572$391$105
31 years$1,571$1,112$771$526$353$90
32 years$1,505$1,052$719$483$320$77
33 years$1,443$996$672$444$289$66
34 years$1,386$944$628$409$262$56
35 years$1,331$896$587$376$237$48
36 years$1,280$850$549$346$215$41
37 years$1,232$807$514$319$195$35
38 years$1,186$767$481$294$177$30
39 years$1,143$730$451$271$160$26
40 years$1,102$694$423$250$145$22
41 years$1,063$661$396$231$132$19
42 years$1,026$629$372$213$120$16
43 years$991$600$349$197$108$14
44 years$958$572$327$182$98$12
45 years$926$545$307$168$89$10
46 years$895$520$289$155$81$9
47 years$866$496$271$143$74$8
48 years$839$474$255$132$67$7
49 years$812$452$240$122$61$6
50 years$787$432$225$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $806,000, adding $4,168 every year, while hoping to spend $47,943 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: 56/20/24 Blend
49$806,000$806,000$806,000$806,000
50$892,511$849,793$837,300$936,435
51$932,536$840,422$814,339$957,620
52$975,037$828,985$789,001$975,284
53$1,020,216$815,330$761,158$993,518
54$1,068,293$799,296$730,671$1,012,390
55$1,119,510$780,713$697,400$1,031,978
56$1,174,133$759,401$661,196$1,052,371
57$1,232,450$735,167$621,902$1,073,670
58$1,294,781$707,811$579,356$1,095,988
59$1,361,473$677,118$533,389$1,119,454
60$1,432,908$642,862$483,822$1,144,211
61$1,509,505$604,802$430,471$1,170,421
62$1,591,724$562,687$373,141$1,198,269
63$1,680,069$516,248$311,630$1,227,958
64$1,775,094$465,202$245,728$1,259,718
65$1,877,407$409,250$175,213$1,293,809
66$1,987,675$348,076$99,855$1,330,517
67$2,106,632$281,346$19,415$1,370,167
68$2,235,083$208,707$0$1,413,120
69$2,373,914$129,786$0$1,476,789
70$2,524,097$44,189$0$1,551,026
71$2,686,703$0$0$1,631,426
72$2,862,906$0$0$1,729,296
73$3,054,000$0$0$1,846,044
74$3,261,407$0$0$1,972,821
75$3,486,690$0$0$2,110,592
76$3,731,570$0$0$2,260,417
77$3,997,938$0$0$2,423,463
78$4,287,877$0$0$2,601,012
79$4,603,677$0$0$2,794,477
80$4,947,859$0$0$3,005,413
81$5,323,199$0$0$3,235,530
82$5,732,748$0$0$3,486,711
83$6,179,870$0$0$3,761,029
84$6,668,262$0$0$4,060,766
85$7,201,999$0$0$4,388,434
86$7,785,565$0$0$4,746,798
87$8,423,896$0$0$5,138,904
88$9,122,430$0$0$5,568,104
89$9,887,153$0$0$6,038,091
90$10,724,655$0$0$6,552,931
91$11,642,196$0$0$7,117,102
92$12,647,771$0$0$7,735,536
93$13,750,184$0$0$8,413,662
94$14,959,132$0$0$9,157,465
95$16,285,294$0$0$9,973,532
96$17,740,436$0$0$10,869,121
97$19,337,515$0$0$11,852,226
98$21,090,803$0$0$12,931,653
99$23,016,024$0$0$14,117,102
100$25,130,498$0$0$15,419,260