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%18.1%
1 years$66,559$65,966$65,387$64,823$64,272$62,164
2 years$32,950$32,336$31,741$31,165$30,606$28,503
3 years$21,748$21,132$20,539$19,968$19,417$17,385
4 years$16,149$15,534$14,947$14,386$13,849$11,902
5 years$12,790$12,179$11,599$11,049$10,528$8,672
6 years$10,551$9,945$9,374$8,836$8,330$6,567
7 years$8,953$8,352$7,790$7,265$6,775$5,104
8 years$7,755$7,159$6,606$6,094$5,620$4,041
9 years$6,823$6,233$5,690$5,191$4,733$3,243
10 years$6,079$5,494$4,961$4,475$4,033$2,630
11 years$5,470$4,891$4,367$3,894$3,468$2,150
12 years$4,963$4,390$3,876$3,416$3,006$1,769
13 years$4,534$3,967$3,463$3,016$2,621$1,462
14 years$4,167$3,606$3,111$2,677$2,297$1,214
15 years$3,849$3,294$2,809$2,387$2,023$1,011
16 years$3,571$3,023$2,547$2,138$1,788$845
17 years$3,326$2,784$2,318$1,921$1,585$707
18 years$3,108$2,572$2,116$1,731$1,409$593
19 years$2,914$2,384$1,937$1,564$1,256$498
20 years$2,739$2,215$1,778$1,417$1,122$419
21 years$2,581$2,063$1,635$1,286$1,004$353
22 years$2,438$1,926$1,507$1,169$900$297
23 years$2,307$1,801$1,391$1,065$808$251
24 years$2,188$1,688$1,287$971$726$212
25 years$2,078$1,584$1,192$887$654$179
26 years$1,977$1,489$1,105$811$589$151
27 years$1,883$1,401$1,026$742$531$127
28 years$1,796$1,320$954$680$479$108
29 years$1,716$1,245$888$624$432$91
30 years$1,641$1,176$827$572$391$77
31 years$1,571$1,112$771$526$353$65
32 years$1,505$1,052$719$483$320$55
33 years$1,443$996$672$444$289$47
34 years$1,386$944$628$409$262$39
35 years$1,331$896$587$376$237$33
36 years$1,280$850$549$346$215$28
37 years$1,232$807$514$319$195$24
38 years$1,186$767$481$294$177$20
39 years$1,143$730$451$271$160$17
40 years$1,102$694$423$250$145$15
41 years$1,063$661$396$231$132$12
42 years$1,026$629$372$213$120$10
43 years$991$600$349$197$108$9
44 years$958$572$327$182$98$7
45 years$926$545$307$168$89$6
46 years$895$520$289$155$81$5
47 years$866$496$271$143$74$5
48 years$839$474$255$132$67$4
49 years$812$452$240$122$61$3
50 years$787$432$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 $806,000, adding $3,649 every year, while hoping to spend $41,789 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: 55/34/11 Blend
49$806,000$806,000$806,000$806,000
50$891,976$849,258$836,765$938,363
51$938,494$846,408$820,333$967,360
52$988,357$842,019$801,951$994,033
53$1,041,861$835,969$781,508$1,022,091
54$1,099,332$828,133$758,890$1,051,672
55$1,161,128$818,376$733,976$1,082,932
56$1,227,642$806,555$706,643$1,116,043
57$1,299,304$792,519$676,759$1,151,200
58$1,376,589$776,108$644,186$1,188,615
59$1,460,017$757,153$608,782$1,228,528
60$1,550,160$735,475$570,397$1,271,205
61$1,647,645$710,882$528,875$1,316,941
62$1,753,165$683,175$484,052$1,366,064
63$1,867,477$652,140$435,757$1,418,940
64$1,991,417$617,552$383,812$1,475,974
65$2,125,902$579,173$328,031$1,537,617
66$2,271,943$536,752$268,219$1,604,368
67$2,430,650$490,021$204,173$1,676,783
68$2,603,245$438,701$135,681$1,755,478
69$2,791,072$382,493$62,522$1,841,136
70$2,995,609$321,082$0$1,934,517
71$3,218,484$254,138$0$2,038,285
72$3,461,488$181,310$0$2,159,498
73$3,726,592$102,226$0$2,291,871
74$4,015,965$16,497$0$2,436,581
75$4,331,997$0$0$2,594,927
76$4,677,315$0$0$2,796,891
77$5,054,815$0$0$3,024,496
78$5,467,682$0$0$3,273,499
79$5,919,426$0$0$3,546,027
80$6,413,911$0$0$3,844,419
81$6,955,390$0$0$4,171,254
82$7,548,549$0$0$4,529,368
83$8,198,546$0$0$4,921,889
84$8,911,065$0$0$5,352,258
85$9,692,363$0$0$5,824,268
86$10,549,334$0$0$6,342,094
87$11,489,568$0$0$6,910,336
88$12,521,428$0$0$7,534,062
89$13,654,126$0$0$8,218,852
90$14,897,808$0$0$8,970,855
91$16,263,650$0$0$9,796,843
92$17,763,966$0$0$10,704,276
93$19,412,319$0$0$11,701,376
94$21,223,651$0$0$12,797,194
95$23,214,424$0$0$14,001,709
96$25,402,775$0$0$15,325,908
97$27,808,681$0$0$16,781,901
98$30,454,158$0$0$18,383,026
99$33,363,456$0$0$20,143,982
100$36,563,296$0$0$22,080,960