Can I retire at age 50 with 808,000?

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 $808,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$66,724$66,130$65,550$64,984$64,431$63,758
2 years$33,032$32,416$31,820$31,242$30,681$30,004
3 years$21,802$21,185$20,590$20,017$19,466$18,804
4 years$16,189$15,573$14,984$14,421$13,883$13,243
5 years$12,822$12,209$11,628$11,077$10,554$9,937
6 years$10,577$9,970$9,397$8,858$8,351$7,758
7 years$8,975$8,373$7,809$7,283$6,791$6,223
8 years$7,774$7,177$6,623$6,109$5,634$5,090
9 years$6,840$6,249$5,704$5,204$4,745$4,225
10 years$6,094$5,508$4,973$4,486$4,043$3,546
11 years$5,483$4,903$4,378$3,904$3,477$3,004
12 years$4,975$4,401$3,886$3,424$3,013$2,563
13 years$4,545$3,977$3,472$3,023$2,627$2,199
14 years$4,177$3,615$3,119$2,684$2,303$1,897
15 years$3,858$3,303$2,816$2,393$2,028$1,643
16 years$3,580$3,030$2,553$2,143$1,792$1,427
17 years$3,334$2,791$2,323$1,925$1,589$1,244
18 years$3,116$2,579$2,121$1,735$1,413$1,087
19 years$2,921$2,390$1,942$1,568$1,259$952
20 years$2,746$2,221$1,782$1,420$1,125$835
21 years$2,588$2,069$1,639$1,289$1,007$734
22 years$2,444$1,931$1,511$1,172$902$646
23 years$2,313$1,806$1,395$1,067$810$569
24 years$2,193$1,692$1,290$973$728$502
25 years$2,083$1,588$1,195$889$655$443
26 years$1,982$1,492$1,108$813$590$391
27 years$1,888$1,404$1,029$744$532$346
28 years$1,801$1,323$957$682$480$306
29 years$1,720$1,249$890$625$433$271
30 years$1,645$1,179$829$574$392$240
31 years$1,574$1,115$773$527$354$212
32 years$1,509$1,055$721$484$320$188
33 years$1,447$999$673$445$290$167
34 years$1,389$947$629$410$262$148
35 years$1,335$898$588$377$238$131
36 years$1,283$852$550$347$215$116
37 years$1,235$809$515$320$195$103
38 years$1,189$769$482$295$177$92
39 years$1,146$731$452$272$160$81
40 years$1,105$696$424$251$146$72
41 years$1,066$662$397$231$132$64
42 years$1,029$631$373$214$120$57
43 years$994$601$350$197$109$51
44 years$960$573$328$182$99$45
45 years$928$546$308$168$90$40
46 years$898$521$289$155$81$36
47 years$869$497$272$143$74$32
48 years$841$475$255$133$67$28
49 years$814$453$240$123$61$25
50 years$789$433$226$113$55$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $808,000, adding $5,880 every year, while hoping to spend $39,375 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: 54/40/6 Blend
49$808,000$808,000$808,000$808,000
50$896,481$853,657$841,133$943,366
51$946,028$853,592$827,416$975,650
52$999,308$852,203$811,921$1,005,914
53$1,056,662$849,386$794,544$1,037,889
54$1,118,462$845,026$775,182$1,071,742
55$1,185,117$839,004$753,722$1,107,661
56$1,257,076$831,193$730,050$1,145,852
57$1,334,835$821,458$704,043$1,186,545
58$1,418,935$809,657$675,576$1,229,997
59$1,509,974$795,638$644,515$1,276,489
60$1,608,608$779,240$610,723$1,326,338
61$1,715,558$760,295$574,054$1,379,892
62$1,831,617$738,621$534,357$1,437,539
63$1,957,658$714,030$491,474$1,499,708
64$2,094,640$686,318$445,239$1,566,875
65$2,243,619$655,274$395,481$1,639,570
66$2,405,758$620,672$342,019$1,718,377
67$2,582,332$582,272$284,664$1,803,945
68$2,774,750$539,824$223,220$1,896,994
69$2,984,559$493,059$157,482$1,998,319
70$3,213,462$441,697$87,236$2,108,804
71$3,463,334$385,439$12,257$2,229,425
72$3,736,239$323,970$0$2,361,264
73$4,034,449$256,959$0$2,509,857
74$4,360,466$184,053$0$2,673,310
75$4,717,043$104,881$0$2,852,321
76$5,107,213$19,052$0$3,048,530
77$5,534,315$0$0$3,263,751
78$6,002,026$0$0$3,532,494
79$6,514,394$0$0$3,836,159
80$7,075,879$0$0$4,169,014
81$7,691,391$0$0$4,533,980
82$8,366,340$0$0$4,934,273
83$9,106,682$0$0$5,373,438
84$9,918,978$0$0$5,855,378
85$10,810,456$0$0$6,384,391
86$11,789,076$0$0$6,965,215
87$12,863,609$0$0$7,603,066
88$14,043,713$0$0$8,303,690
89$15,340,031$0$0$9,073,419
90$16,764,284$0$0$9,919,227
91$18,329,388$0$0$10,848,798
92$20,049,569$0$0$11,870,596
93$21,940,503$0$0$12,993,947
94$24,019,456$0$0$14,229,125
95$26,305,455$0$0$15,587,449
96$28,819,461$0$0$17,081,392
97$31,584,566$0$0$18,724,694
98$34,626,217$0$0$20,532,494
99$37,972,447$0$0$22,521,472
100$41,654,144$0$0$24,710,009