Can I retire at age 50 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$66,889$66,293$65,712$65,145$64,591$63,029
2 years$33,113$32,497$31,899$31,319$30,757$29,194
3 years$21,856$21,237$20,641$20,067$19,514$17,997
4 years$16,229$15,611$15,021$14,457$13,917$12,458
5 years$12,853$12,240$11,657$11,104$10,580$9,183
6 years$10,604$9,994$9,421$8,880$8,371$7,039
7 years$8,997$8,393$7,829$7,301$6,808$5,539
8 years$7,793$7,195$6,639$6,125$5,648$4,442
9 years$6,857$6,264$5,718$5,217$4,756$3,613
10 years$6,109$5,522$4,985$4,497$4,053$2,971
11 years$5,497$4,916$4,389$3,914$3,486$2,463
12 years$4,987$4,412$3,895$3,433$3,020$2,056
13 years$4,556$3,987$3,480$3,031$2,634$1,725
14 years$4,187$3,624$3,127$2,690$2,309$1,454
15 years$3,868$3,311$2,823$2,399$2,033$1,230
16 years$3,589$3,038$2,560$2,148$1,797$1,044
17 years$3,342$2,797$2,329$1,930$1,593$888
18 years$3,124$2,585$2,126$1,739$1,416$757
19 years$2,929$2,396$1,946$1,572$1,263$646
20 years$2,753$2,226$1,786$1,424$1,128$553
21 years$2,594$2,074$1,643$1,292$1,009$473
22 years$2,450$1,936$1,514$1,175$905$406
23 years$2,319$1,810$1,398$1,070$812$348
24 years$2,199$1,696$1,293$976$730$299
25 years$2,088$1,592$1,198$891$657$257
26 years$1,987$1,496$1,111$815$592$221
27 years$1,892$1,408$1,031$746$533$190
28 years$1,805$1,327$959$683$481$164
29 years$1,724$1,252$892$627$435$141
30 years$1,649$1,182$831$575$393$121
31 years$1,578$1,117$775$528$355$104
32 years$1,512$1,057$723$485$321$90
33 years$1,451$1,001$675$446$291$78
34 years$1,393$949$631$411$263$67
35 years$1,338$900$590$378$238$58
36 years$1,286$854$552$348$216$50
37 years$1,238$811$516$321$196$43
38 years$1,192$771$484$296$177$37
39 years$1,149$733$453$273$161$32
40 years$1,107$698$425$251$146$27
41 years$1,068$664$398$232$132$24
42 years$1,031$632$373$214$120$20
43 years$996$603$350$198$109$18
44 years$962$574$329$183$99$15
45 years$930$548$309$169$90$13
46 years$900$523$290$156$82$11
47 years$871$499$273$144$74$10
48 years$843$476$256$133$67$8
49 years$816$455$241$123$61$7
50 years$791$434$226$114$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $810,000, adding $3,584 every year, while hoping to spend $48,292 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: 34/40/26 Blend
49$810,000$810,000$810,000$810,000
50$896,317$853,387$840,832$919,620
51$936,359$843,821$817,617$927,841
52$978,867$832,167$792,007$932,098
53$1,024,041$818,273$763,869$935,738
54$1,072,100$801,976$733,066$938,738
55$1,123,286$783,103$699,455$941,077
56$1,177,860$761,474$662,885$942,738
57$1,236,110$736,895$623,201$943,706
58$1,298,353$709,162$580,237$943,968
59$1,364,933$678,060$533,823$943,518
60$1,436,230$643,358$483,780$942,355
61$1,512,659$604,817$429,921$940,482
62$1,594,678$562,180$372,050$937,911
63$1,682,785$515,178$309,965$934,661
64$1,777,532$463,524$243,451$930,762
65$1,879,520$406,916$172,286$926,252
66$1,989,412$345,037$96,239$921,185
67$2,107,937$277,548$15,067$915,626
68$2,235,892$204,093$0$909,657
69$2,374,156$124,297$0$923,231
70$2,523,695$37,762$0$942,368
71$2,685,569$0$0$963,106
72$2,860,945$0$0$1,010,312
73$3,051,104$0$0$1,079,620
74$3,257,458$0$0$1,154,934
75$3,481,556$0$0$1,236,833
76$3,725,106$0$0$1,325,956
77$3,989,983$0$0$1,423,003
78$4,278,252$0$0$1,528,745
79$4,592,186$0$0$1,644,031
80$4,934,283$0$0$1,769,796
81$5,307,296$0$0$1,907,069
82$5,714,253$0$0$2,056,981
83$6,158,486$0$0$2,220,779
84$6,643,664$0$0$2,399,835
85$7,173,826$0$0$2,595,659
86$7,753,418$0$0$2,809,916
87$8,387,337$0$0$3,044,436
88$9,080,972$0$0$3,301,236
89$9,840,259$0$0$3,582,537
90$10,671,733$0$0$3,890,785
91$11,582,592$0$0$4,228,673
92$12,580,763$0$0$4,599,168
93$13,674,975$0$0$5,005,538
94$14,874,843$0$0$5,451,381
95$16,190,954$0$0$5,940,661
96$17,634,974$0$0$6,477,745
97$19,219,749$0$0$7,067,442
98$20,959,430$0$0$7,715,051
99$22,869,606$0$0$8,426,407
100$24,967,448$0$0$9,207,942