Can I retire at age 50 with 809,000?

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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$66,806$66,211$65,631$65,064$64,511$62,049
2 years$33,073$32,457$31,860$31,281$30,719$28,268
3 years$21,829$21,211$20,615$20,042$19,490$17,126
4 years$16,209$15,592$15,003$14,439$13,900$11,643
5 years$12,837$12,224$11,643$11,091$10,567$8,421
6 years$10,591$9,982$9,409$8,869$8,361$6,328
7 years$8,986$8,383$7,819$7,292$6,800$4,879
8 years$7,784$7,186$6,631$6,117$5,641$3,831
9 years$6,849$6,257$5,711$5,210$4,751$3,048
10 years$6,101$5,515$4,979$4,491$4,048$2,450
11 years$5,490$4,910$4,384$3,909$3,481$1,985
12 years$4,981$4,407$3,890$3,429$3,017$1,618
13 years$4,551$3,982$3,476$3,027$2,631$1,325
14 years$4,182$3,620$3,123$2,687$2,306$1,089
15 years$3,863$3,307$2,820$2,396$2,030$898
16 years$3,584$3,034$2,556$2,146$1,794$743
17 years$3,338$2,794$2,326$1,928$1,591$615
18 years$3,120$2,582$2,124$1,737$1,415$511
19 years$2,925$2,393$1,944$1,570$1,261$424
20 years$2,750$2,223$1,784$1,422$1,126$353
21 years$2,591$2,071$1,641$1,290$1,008$294
22 years$2,447$1,933$1,512$1,173$903$245
23 years$2,316$1,808$1,397$1,068$811$204
24 years$2,196$1,694$1,292$975$729$171
25 years$2,086$1,590$1,196$890$656$142
26 years$1,984$1,494$1,109$814$591$119
27 years$1,890$1,406$1,030$745$533$99
28 years$1,803$1,325$958$682$481$83
29 years$1,722$1,250$891$626$434$69
30 years$1,647$1,181$830$574$392$58
31 years$1,576$1,116$774$527$355$49
32 years$1,511$1,056$722$485$321$41
33 years$1,449$1,000$674$446$290$34
34 years$1,391$948$630$410$263$28
35 years$1,336$899$589$378$238$24
36 years$1,285$853$551$348$216$20
37 years$1,236$810$516$320$195$17
38 years$1,191$770$483$295$177$14
39 years$1,147$732$452$272$161$12
40 years$1,106$697$424$251$146$10
41 years$1,067$663$398$232$132$8
42 years$1,030$632$373$214$120$7
43 years$995$602$350$197$109$6
44 years$961$574$329$182$99$5
45 years$929$547$308$168$90$4
46 years$899$522$290$155$81$3
47 years$870$498$272$144$74$3
48 years$842$475$256$133$67$2
49 years$815$454$240$123$61$2
50 years$790$434$226$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $809,000, adding $3,588 every year, while hoping to spend $24,391 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: 45/48/7 Blend
49$809,000$809,000$809,000$809,000
50$895,219$852,342$839,803$933,600
51$960,580$868,155$841,984$976,261
52$1,031,789$883,925$843,421$1,019,677
53$1,109,419$899,625$844,063$1,066,186
54$1,194,098$915,224$843,857$1,116,080
55$1,286,516$930,691$842,747$1,169,682
56$1,387,436$945,990$840,674$1,227,347
57$1,497,695$961,083$837,577$1,289,469
58$1,618,215$975,932$833,391$1,356,480
59$1,750,013$990,493$828,050$1,428,857
60$1,894,207$1,004,719$821,482$1,507,126
61$2,052,028$1,018,562$813,613$1,591,867
62$2,224,831$1,031,969$804,366$1,683,722
63$2,414,111$1,044,882$793,659$1,783,396
64$2,621,511$1,057,243$781,408$1,891,669
65$2,848,843$1,068,985$767,523$2,009,398
66$3,098,101$1,080,041$751,910$2,137,533
67$3,371,481$1,090,337$734,473$2,277,118
68$3,671,403$1,099,794$715,109$2,429,307
69$4,000,533$1,108,331$693,712$2,595,372
70$4,361,804$1,115,856$670,168$2,776,715
71$4,758,452$1,122,277$644,363$2,974,885
72$5,194,038$1,127,492$616,173$3,191,588
73$5,672,486$1,131,395$585,470$3,428,706
74$6,198,118$1,133,872$552,122$3,688,318
75$6,775,696$1,134,802$515,988$3,972,713
76$7,410,466$1,134,057$476,923$4,284,418
77$8,108,208$1,131,500$434,775$4,626,218
78$8,875,289$1,126,987$389,383$5,001,189
79$9,718,723$1,120,364$340,582$5,412,718
80$10,646,239$1,111,468$288,198$5,864,544
81$11,666,353$1,100,127$232,050$6,360,791
82$12,788,445$1,086,158$171,948$6,906,003
83$14,022,853$1,069,366$107,694$7,505,195
84$15,380,965$1,049,545$39,083$8,163,898
85$16,875,329$1,026,479$0$8,888,207
86$18,519,772$999,936$0$9,687,398
87$20,329,527$969,672$0$10,569,616
88$22,321,381$935,428$0$11,540,132
89$24,513,829$896,930$0$12,607,981
90$26,927,250$853,890$0$13,783,123
91$29,584,099$806,001$0$15,076,540
92$32,509,121$752,938$0$16,500,339
93$35,729,579$694,360$0$18,067,867
94$39,275,517$629,905$0$19,793,841
95$43,180,038$559,189$0$21,694,485
96$47,479,621$481,808$0$23,787,683
97$52,214,461$397,334$0$26,093,154
98$57,428,849$305,317$0$28,632,635
99$63,171,594$205,280$0$31,430,089
100$69,496,475$96,718$0$34,511,933