Can I retire at age 50 with 807,000?

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 $807,000?

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 years$66,641$66,048$65,469$64,903$64,351$62,266
2 years$32,991$32,376$31,781$31,203$30,643$28,563
3 years$21,775$21,158$20,564$19,992$19,441$17,430
4 years$16,169$15,554$14,966$14,403$13,866$11,939
5 years$12,806$12,194$11,614$11,063$10,541$8,703
6 years$10,564$9,957$9,386$8,847$8,340$6,595
7 years$8,964$8,362$7,800$7,274$6,783$5,128
8 years$7,764$7,168$6,615$6,102$5,627$4,063
9 years$6,832$6,241$5,697$5,197$4,739$3,262
10 years$6,086$5,501$4,967$4,480$4,038$2,647
11 years$5,476$4,897$4,373$3,899$3,473$2,165
12 years$4,969$4,396$3,881$3,420$3,009$1,783
13 years$4,539$3,972$3,467$3,019$2,624$1,475
14 years$4,172$3,611$3,115$2,680$2,300$1,225
15 years$3,854$3,298$2,813$2,390$2,025$1,021
16 years$3,575$3,026$2,550$2,140$1,790$854
17 years$3,330$2,787$2,321$1,923$1,587$715
18 years$3,112$2,575$2,118$1,733$1,411$600
19 years$2,918$2,387$1,939$1,566$1,258$505
20 years$2,743$2,218$1,780$1,418$1,124$425
21 years$2,585$2,066$1,637$1,287$1,005$358
22 years$2,441$1,929$1,509$1,170$901$302
23 years$2,310$1,804$1,393$1,066$809$255
24 years$2,191$1,690$1,288$972$727$215
25 years$2,081$1,586$1,193$888$654$182
26 years$1,979$1,491$1,107$812$589$154
27 years$1,885$1,403$1,028$743$531$130
28 years$1,799$1,322$955$681$479$110
29 years$1,718$1,247$889$624$433$93
30 years$1,643$1,178$828$573$391$79
31 years$1,572$1,113$772$526$354$67
32 years$1,507$1,053$720$484$320$56
33 years$1,445$998$673$445$290$48
34 years$1,387$945$628$409$262$40
35 years$1,333$897$588$377$237$34
36 years$1,282$851$550$347$215$29
37 years$1,233$808$514$320$195$25
38 years$1,188$768$482$295$177$21
39 years$1,144$731$451$272$160$18
40 years$1,103$695$423$251$145$15
41 years$1,064$662$397$231$132$13
42 years$1,027$630$372$213$120$11
43 years$992$600$349$197$109$9
44 years$959$572$328$182$99$8
45 years$927$546$308$168$90$7
46 years$897$521$289$155$81$6
47 years$868$497$272$143$74$5
48 years$840$474$255$132$67$4
49 years$813$453$240$122$61$3
50 years$788$433$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 $807,000, adding $2,903 every year, while hoping to spend $30,271 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: 72/23/5 Blend
49$807,000$807,000$807,000$807,000
50$892,308$849,537$837,029$955,956
51$951,116$858,957$832,861$1,007,714
52$1,014,907$867,823$827,539$1,060,280
53$1,084,158$876,077$820,993$1,116,971
54$1,159,394$883,656$813,147$1,178,182
55$1,241,190$890,493$803,926$1,244,352
56$1,330,180$896,517$793,247$1,315,961
57$1,427,063$901,650$781,025$1,393,541
58$1,532,606$905,814$767,172$1,477,677
59$1,647,654$908,921$751,594$1,569,014
60$1,773,137$910,880$734,194$1,668,263
61$1,910,077$911,593$714,870$1,776,206
62$2,059,602$910,958$693,515$1,893,708
63$2,222,951$908,865$670,018$2,021,720
64$2,401,490$905,197$644,262$2,161,292
65$2,596,722$899,832$616,124$2,313,579
66$2,810,301$892,637$585,478$2,479,857
67$3,044,050$883,474$552,189$2,661,531
68$3,299,974$872,196$516,119$2,860,150
69$3,580,284$858,646$477,121$3,077,424
70$3,887,413$842,659$435,044$3,315,233
71$4,224,039$824,060$389,729$3,575,655
72$4,593,115$802,663$341,009$3,860,978
73$4,997,891$778,272$288,711$4,173,724
74$5,441,947$750,678$232,654$4,516,675
75$5,929,226$719,662$172,648$4,892,896
76$6,464,072$684,990$108,496$5,305,769
77$7,051,269$646,416$39,993$5,759,018
78$7,696,088$603,680$0$6,256,753
79$8,404,334$556,506$0$6,805,267
80$9,182,404$504,602$0$7,410,180
81$10,037,343$447,662$0$8,074,872
82$10,976,914$385,358$0$8,805,422
83$12,009,667$317,349$0$9,608,533
84$13,145,024$243,270$0$10,491,592
85$14,393,363$162,737$0$11,462,743
86$15,766,122$75,346$0$12,530,960
87$17,275,897$0$0$13,706,138
88$18,936,571$0$0$15,004,074
89$20,763,438$0$0$16,452,923
90$22,773,348$0$0$18,046,985
91$24,984,868$0$0$19,800,991
92$27,418,455$0$0$21,731,172
93$30,096,650$0$0$23,855,411
94$33,044,288$0$0$26,193,414
95$36,288,736$0$0$28,766,893
96$39,860,146$0$0$31,599,773
97$43,791,743$0$0$34,718,413
98$48,120,138$0$0$38,151,862
99$52,885,671$0$0$41,932,126
100$58,132,793$0$0$46,094,474