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%16%
1 years$66,806$66,211$65,631$65,064$64,511$62,926
2 years$33,073$32,457$31,860$31,281$30,719$29,132
3 years$21,829$21,211$20,615$20,042$19,490$17,950
4 years$16,209$15,592$15,003$14,439$13,900$12,420
5 years$12,837$12,224$11,643$11,091$10,567$9,150
6 years$10,591$9,982$9,409$8,869$8,361$7,009
7 years$8,986$8,383$7,819$7,292$6,800$5,513
8 years$7,784$7,186$6,631$6,117$5,641$4,419
9 years$6,849$6,257$5,711$5,210$4,751$3,592
10 years$6,101$5,515$4,979$4,491$4,048$2,951
11 years$5,490$4,910$4,384$3,909$3,481$2,445
12 years$4,981$4,407$3,890$3,429$3,017$2,040
13 years$4,551$3,982$3,476$3,027$2,631$1,711
14 years$4,182$3,620$3,123$2,687$2,306$1,441
15 years$3,863$3,307$2,820$2,396$2,030$1,218
16 years$3,584$3,034$2,556$2,146$1,794$1,033
17 years$3,338$2,794$2,326$1,928$1,591$878
18 years$3,120$2,582$2,124$1,737$1,415$748
19 years$2,925$2,393$1,944$1,570$1,261$638
20 years$2,750$2,223$1,784$1,422$1,126$545
21 years$2,591$2,071$1,641$1,290$1,008$467
22 years$2,447$1,933$1,512$1,173$903$400
23 years$2,316$1,808$1,397$1,068$811$343
24 years$2,196$1,694$1,292$975$729$294
25 years$2,086$1,590$1,196$890$656$252
26 years$1,984$1,494$1,109$814$591$217
27 years$1,890$1,406$1,030$745$533$186
28 years$1,803$1,325$958$682$481$160
29 years$1,722$1,250$891$626$434$138
30 years$1,647$1,181$830$574$392$119
31 years$1,576$1,116$774$527$355$102
32 years$1,511$1,056$722$485$321$88
33 years$1,449$1,000$674$446$290$76
34 years$1,391$948$630$410$263$65
35 years$1,336$899$589$378$238$56
36 years$1,285$853$551$348$216$48
37 years$1,236$810$516$320$195$42
38 years$1,191$770$483$295$177$36
39 years$1,147$732$452$272$161$31
40 years$1,106$697$424$251$146$27
41 years$1,067$663$398$232$132$23
42 years$1,030$632$373$214$120$20
43 years$995$602$350$197$109$17
44 years$961$574$329$182$99$15
45 years$929$547$308$168$90$13
46 years$899$522$290$155$81$11
47 years$870$498$272$144$74$9
48 years$842$475$256$133$67$8
49 years$815$454$240$123$61$7
50 years$790$434$226$113$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $809,000, adding $2,143 every year, while hoping to spend $27,531 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: 70/16/14 Blend
49$809,000$809,000$809,000$809,000
50$893,729$850,852$838,312$953,339
51$955,596$863,250$837,103$1,005,614
52$1,022,851$875,334$834,930$1,059,286
53$1,096,015$887,058$831,733$1,117,309
54$1,175,659$898,375$827,447$1,180,109
55$1,262,415$909,234$822,005$1,248,152
56$1,356,975$919,580$815,336$1,321,955
57$1,460,102$929,355$807,365$1,402,085
58$1,572,638$938,499$798,017$1,489,170
59$1,695,505$946,943$787,209$1,583,900
60$1,829,722$954,619$774,856$1,687,035
61$1,976,410$961,451$760,870$1,799,415
62$2,136,801$967,360$745,156$1,921,965
63$2,312,255$972,261$727,619$2,055,704
64$2,504,266$976,062$708,155$2,201,755
65$2,714,481$978,670$686,658$2,361,358
66$2,944,713$979,980$663,017$2,535,879
67$3,196,961$979,885$637,114$2,726,822
68$3,473,421$978,271$608,829$2,935,847
69$3,776,518$975,013$578,032$3,164,784
70$4,108,918$969,984$544,591$3,415,650
71$4,473,559$963,045$508,366$3,690,668
72$4,873,677$954,050$469,212$3,992,288
73$5,312,839$942,844$426,977$4,323,214
74$5,794,968$929,264$381,501$4,686,423
75$6,324,393$913,135$332,619$5,085,199
76$6,905,876$894,274$280,156$5,523,162
77$7,544,666$872,485$223,933$6,004,301
78$8,246,547$847,561$163,760$6,533,016
79$9,017,888$819,285$99,438$7,114,154
80$9,865,707$787,424$30,764$7,753,062
81$10,797,735$751,733$0$8,455,631
82$11,822,490$711,954$0$9,234,708
83$12,949,357$667,813$0$10,096,418
84$14,188,675$619,020$0$11,044,087
85$15,551,835$565,267$0$12,086,451
86$17,051,390$506,233$0$13,233,138
87$18,701,166$441,573$0$14,494,758
88$20,516,402$370,927$0$15,883,002
89$22,513,885$293,913$0$17,410,758
90$24,712,113$210,126$0$19,092,226
91$27,131,467$119,141$0$20,943,057
92$29,794,405$20,507$0$22,980,498
93$32,725,672$0$0$25,223,559
94$35,952,533$0$0$27,708,374
95$39,505,033$0$0$30,447,972
96$43,416,276$0$0$33,464,279
97$47,722,741$0$0$36,785,434
98$52,464,621$0$0$40,442,442
99$57,686,210$0$0$44,469,470
100$63,436,312$0$0$48,904,164