Can I retire at age 50 with 807,000?

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 $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%14.4%
1 years$66,641$66,048$65,469$64,903$64,351$63,181
2 years$32,991$32,376$31,781$31,203$30,643$29,469
3 years$21,775$21,158$20,564$19,992$19,441$18,299
4 years$16,169$15,554$14,966$14,403$13,866$12,764
5 years$12,806$12,194$11,614$11,063$10,541$9,483
6 years$10,564$9,957$9,386$8,847$8,340$7,328
7 years$8,964$8,362$7,800$7,274$6,783$5,816
8 years$7,764$7,168$6,615$6,102$5,627$4,705
9 years$6,832$6,241$5,697$5,197$4,739$3,862
10 years$6,086$5,501$4,967$4,480$4,038$3,204
11 years$5,476$4,897$4,373$3,899$3,473$2,682
12 years$4,969$4,396$3,881$3,420$3,009$2,261
13 years$4,539$3,972$3,467$3,019$2,624$1,916
14 years$4,172$3,611$3,115$2,680$2,300$1,632
15 years$3,854$3,298$2,813$2,390$2,025$1,395
16 years$3,575$3,026$2,550$2,140$1,790$1,196
17 years$3,330$2,787$2,321$1,923$1,587$1,029
18 years$3,112$2,575$2,118$1,733$1,411$886
19 years$2,918$2,387$1,939$1,566$1,258$765
20 years$2,743$2,218$1,780$1,418$1,124$662
21 years$2,585$2,066$1,637$1,287$1,005$574
22 years$2,441$1,929$1,509$1,170$901$497
23 years$2,310$1,804$1,393$1,066$809$432
24 years$2,191$1,690$1,288$972$727$375
25 years$2,081$1,586$1,193$888$654$326
26 years$1,979$1,491$1,107$812$589$284
27 years$1,885$1,403$1,028$743$531$247
28 years$1,799$1,322$955$681$479$215
29 years$1,718$1,247$889$624$433$188
30 years$1,643$1,178$828$573$391$164
31 years$1,572$1,113$772$526$354$143
32 years$1,507$1,053$720$484$320$125
33 years$1,445$998$673$445$290$109
34 years$1,387$945$628$409$262$95
35 years$1,333$897$588$377$237$83
36 years$1,282$851$550$347$215$72
37 years$1,233$808$514$320$195$63
38 years$1,188$768$482$295$177$55
39 years$1,144$731$451$272$160$48
40 years$1,103$695$423$251$145$42
41 years$1,064$662$397$231$132$37
42 years$1,027$630$372$213$120$32
43 years$992$600$349$197$109$28
44 years$959$572$328$182$99$25
45 years$927$546$308$168$90$21
46 years$897$521$289$155$81$19
47 years$868$497$272$143$74$16
48 years$840$474$255$132$67$14
49 years$813$453$240$122$61$12
50 years$788$433$225$113$55$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $807,000, adding $5,403 every year, while hoping to spend $45,718 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: 66/6/28 Blend
49$807,000$807,000$807,000$807,000
50$894,887$852,116$839,608$947,023
51$937,522$845,226$819,091$975,980
52$982,973$836,467$796,355$1,002,029
53$1,031,480$825,697$771,276$1,029,499
54$1,083,305$812,769$743,727$1,058,536
55$1,138,733$797,527$713,574$1,089,299
56$1,198,081$779,802$680,675$1,121,967
57$1,261,693$759,420$644,885$1,156,736
58$1,329,948$736,194$606,051$1,193,826
59$1,403,260$709,926$564,012$1,233,481
60$1,482,087$680,406$518,601$1,275,970
61$1,566,929$647,415$469,643$1,321,595
62$1,658,335$610,718$416,955$1,370,686
63$1,756,909$570,067$360,347$1,423,613
64$1,863,315$525,201$299,620$1,480,784
65$1,978,281$475,844$234,565$1,542,652
66$2,102,608$421,703$164,965$1,609,717
67$2,237,176$362,468$90,594$1,682,536
68$2,382,954$297,815$11,214$1,761,723
69$2,541,005$227,398$0$1,847,960
70$2,712,499$150,852$0$1,963,958
71$2,898,724$67,793$0$2,093,596
72$3,101,094$0$0$2,234,523
73$3,321,167$0$0$2,389,309
74$3,560,656$0$0$2,562,668
75$3,821,446$0$0$2,751,493
76$4,105,611$0$0$2,957,292
77$4,415,434$0$0$3,181,725
78$4,753,427$0$0$3,426,618
79$5,122,355$0$0$3,693,982
80$5,525,262$0$0$3,986,028
81$5,965,499$0$0$4,305,195
82$6,446,755$0$0$4,654,162
83$6,973,092$0$0$5,035,885
84$7,548,981$0$0$5,453,613
85$8,179,347$0$0$5,910,928
86$8,869,612$0$0$6,411,772
87$9,625,746$0$0$6,960,487
88$10,454,327$0$0$7,561,854
89$11,362,596$0$0$8,221,140
90$12,358,529$0$0$8,944,144
91$13,450,911$0$0$9,737,255
92$14,649,418$0$0$10,607,509
93$15,964,708$0$0$11,562,655
94$17,408,520$0$0$12,611,232
95$18,993,787$0$0$13,762,643
96$20,734,754$0$0$15,027,247
97$22,647,112$0$0$16,416,456
98$24,748,150$0$0$17,942,843
99$27,056,911$0$0$19,620,256
100$29,594,375$0$0$21,463,953