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%20%
1 years$66,641$66,048$65,469$64,903$64,351$61,774
2 years$32,991$32,376$31,781$31,203$30,643$28,079
3 years$21,775$21,158$20,564$19,992$19,441$16,971
4 years$16,169$15,554$14,966$14,403$13,866$11,508
5 years$12,806$12,194$11,614$11,063$10,541$8,301
6 years$10,564$9,957$9,386$8,847$8,340$6,221
7 years$8,964$8,362$7,800$7,274$6,783$4,783
8 years$7,764$7,168$6,615$6,102$5,627$3,744
9 years$6,832$6,241$5,697$5,197$4,739$2,970
10 years$6,086$5,501$4,967$4,480$4,038$2,380
11 years$5,476$4,897$4,373$3,899$3,473$1,921
12 years$4,969$4,396$3,881$3,420$3,009$1,561
13 years$4,539$3,972$3,467$3,019$2,624$1,274
14 years$4,172$3,611$3,115$2,680$2,300$1,044
15 years$3,854$3,298$2,813$2,390$2,025$858
16 years$3,575$3,026$2,550$2,140$1,790$706
17 years$3,330$2,787$2,321$1,923$1,587$583
18 years$3,112$2,575$2,118$1,733$1,411$482
19 years$2,918$2,387$1,939$1,566$1,258$399
20 years$2,743$2,218$1,780$1,418$1,124$331
21 years$2,585$2,066$1,637$1,287$1,005$275
22 years$2,441$1,929$1,509$1,170$901$228
23 years$2,310$1,804$1,393$1,066$809$189
24 years$2,191$1,690$1,288$972$727$157
25 years$2,081$1,586$1,193$888$654$131
26 years$1,979$1,491$1,107$812$589$109
27 years$1,885$1,403$1,028$743$531$91
28 years$1,799$1,322$955$681$479$75
29 years$1,718$1,247$889$624$433$63
30 years$1,643$1,178$828$573$391$52
31 years$1,572$1,113$772$526$354$44
32 years$1,507$1,053$720$484$320$36
33 years$1,445$998$673$445$290$30
34 years$1,387$945$628$409$262$25
35 years$1,333$897$588$377$237$21
36 years$1,282$851$550$347$215$17
37 years$1,233$808$514$320$195$15
38 years$1,188$768$482$295$177$12
39 years$1,144$731$451$272$160$10
40 years$1,103$695$423$251$145$8
41 years$1,064$662$397$231$132$7
42 years$1,027$630$372$213$120$6
43 years$992$600$349$197$109$5
44 years$959$572$328$182$99$4
45 years$927$546$308$168$90$3
46 years$897$521$289$155$81$3
47 years$868$497$272$143$74$2
48 years$840$474$255$132$67$2
49 years$813$453$240$122$61$2
50 years$788$433$225$113$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $807,000, adding $4,443 every year, while hoping to spend $35,969 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: 22/50/28 Blend
49$807,000$807,000$807,000$807,000
50$893,897$851,126$838,617$905,553
51$946,804$854,560$828,440$919,650
52$1,003,901$856,958$816,717$931,425
53$1,065,580$858,229$803,357$943,249
54$1,132,266$858,280$788,267$955,149
55$1,204,432$857,010$771,349$967,157
56$1,282,594$854,313$752,499$979,314
57$1,367,320$850,076$731,609$991,667
58$1,459,237$844,180$708,568$1,004,273
59$1,559,031$836,497$683,257$1,017,197
60$1,667,459$826,892$655,553$1,030,517
61$1,785,353$815,223$625,328$1,044,322
62$1,913,629$801,339$592,446$1,058,716
63$2,053,293$785,078$556,766$1,073,818
64$2,205,454$766,272$518,143$1,089,766
65$2,371,331$744,740$476,421$1,106,715
66$2,552,266$720,291$431,441$1,124,847
67$2,749,737$692,726$383,034$1,144,364
68$2,965,370$661,829$331,026$1,165,498
69$3,200,955$627,376$275,233$1,188,512
70$3,458,463$589,128$215,463$1,213,704
71$3,740,064$546,833$151,519$1,241,409
72$4,048,146$500,224$83,191$1,272,008
73$4,385,341$449,018$10,261$1,305,926
74$4,754,544$392,919$0$1,343,644
75$5,158,946$331,610$0$1,405,889
76$5,602,059$264,759$0$1,477,662
77$6,087,752$192,016$0$1,556,650
78$6,620,286$113,007$0$1,643,688
79$7,204,353$27,343$0$1,739,709
80$7,845,122$0$0$1,845,748
81$8,548,286$0$0$1,998,934
82$9,320,116$0$0$2,183,741
83$10,167,519$0$0$2,386,797
84$11,098,106$0$0$2,609,944
85$12,120,257$0$0$2,855,213
86$13,243,208$0$0$3,124,840
87$14,477,130$0$0$3,421,288
88$15,833,230$0$0$3,747,272
89$17,323,855$0$0$4,105,782
90$18,962,606$0$0$4,500,113
91$20,764,469$0$0$4,933,895
92$22,745,953$0$0$5,411,128
93$24,925,249$0$0$5,936,220
94$27,322,399$0$0$6,514,025
95$29,959,483$0$0$7,149,894
96$32,860,831$0$0$7,849,722
97$36,053,250$0$0$8,620,005
98$39,566,274$0$0$9,467,899
99$43,432,448$0$0$10,401,291
100$47,687,630$0$0$11,428,870