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%16.9%
1 years$66,889$66,293$65,712$65,145$64,591$62,775
2 years$33,113$32,497$31,899$31,319$30,757$28,942
3 years$21,856$21,237$20,641$20,067$19,514$17,755
4 years$16,229$15,611$15,021$14,457$13,917$12,229
5 years$12,853$12,240$11,657$11,104$10,580$8,967
6 years$10,604$9,994$9,421$8,880$8,371$6,835
7 years$8,997$8,393$7,829$7,301$6,808$5,349
8 years$7,793$7,195$6,639$6,125$5,648$4,265
9 years$6,857$6,264$5,718$5,217$4,756$3,448
10 years$6,109$5,522$4,985$4,497$4,053$2,817
11 years$5,497$4,916$4,389$3,914$3,486$2,321
12 years$4,987$4,412$3,895$3,433$3,020$1,924
13 years$4,556$3,987$3,480$3,031$2,634$1,604
14 years$4,187$3,624$3,127$2,690$2,309$1,343
15 years$3,868$3,311$2,823$2,399$2,033$1,128
16 years$3,589$3,038$2,560$2,148$1,797$950
17 years$3,342$2,797$2,329$1,930$1,593$803
18 years$3,124$2,585$2,126$1,739$1,416$679
19 years$2,929$2,396$1,946$1,572$1,263$576
20 years$2,753$2,226$1,786$1,424$1,128$489
21 years$2,594$2,074$1,643$1,292$1,009$415
22 years$2,450$1,936$1,514$1,175$905$353
23 years$2,319$1,810$1,398$1,070$812$301
24 years$2,199$1,696$1,293$976$730$256
25 years$2,088$1,592$1,198$891$657$218
26 years$1,987$1,496$1,111$815$592$186
27 years$1,892$1,408$1,031$746$533$159
28 years$1,805$1,327$959$683$481$136
29 years$1,724$1,252$892$627$435$116
30 years$1,649$1,182$831$575$393$99
31 years$1,578$1,117$775$528$355$85
32 years$1,512$1,057$723$485$321$72
33 years$1,451$1,001$675$446$291$62
34 years$1,393$949$631$411$263$53
35 years$1,338$900$590$378$238$45
36 years$1,286$854$552$348$216$39
37 years$1,238$811$516$321$196$33
38 years$1,192$771$484$296$177$28
39 years$1,149$733$453$273$161$24
40 years$1,107$698$425$251$146$21
41 years$1,068$664$398$232$132$18
42 years$1,031$632$373$214$120$15
43 years$996$603$350$198$109$13
44 years$962$574$329$183$99$11
45 years$930$548$309$169$90$9
46 years$900$523$290$156$82$8
47 years$871$499$273$144$74$7
48 years$843$476$256$133$67$6
49 years$816$455$241$123$61$5
50 years$791$434$226$114$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $810,000, adding $2,873 every year, while hoping to spend $23,696 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: 68/6/26 Blend
49$810,000$810,000$810,000$810,000
50$895,583$852,653$840,098$950,283
51$961,721$869,221$843,029$1,003,957
52$1,033,810$885,806$845,264$1,059,686
53$1,112,432$902,385$846,755$1,120,113
54$1,198,230$918,931$847,451$1,185,703
55$1,291,907$935,417$847,298$1,256,968
56$1,394,240$951,810$846,241$1,334,473
57$1,506,083$968,080$844,221$1,418,840
58$1,628,378$984,191$841,177$1,510,757
59$1,762,161$1,000,104$837,044$1,610,979
60$1,908,571$1,015,779$831,755$1,720,341
61$2,068,865$1,031,172$825,239$1,839,762
62$2,244,427$1,046,236$817,421$1,970,256
63$2,436,778$1,060,922$808,225$2,112,940
64$2,647,597$1,075,175$797,568$2,269,046
65$2,878,731$1,088,937$785,365$2,439,932
66$3,132,215$1,102,149$771,528$2,627,095
67$3,410,289$1,114,742$755,963$2,832,186
68$3,715,423$1,126,649$738,572$3,057,022
69$4,050,334$1,137,793$719,252$3,303,611
70$4,418,019$1,148,095$697,898$3,574,162
71$4,821,776$1,157,471$674,396$3,871,112
72$5,265,239$1,165,829$648,631$4,197,148
73$5,752,412$1,173,073$620,479$4,555,230
74$6,287,706$1,179,102$589,812$4,948,624
75$6,875,978$1,183,804$556,498$5,380,928
76$7,522,583$1,187,066$520,395$5,856,107
77$8,233,417$1,188,763$481,359$6,378,535
78$9,014,978$1,188,764$439,237$6,953,030
79$9,874,422$1,186,930$393,868$7,584,906
80$10,819,638$1,183,114$345,087$8,280,018
81$11,859,313$1,177,159$292,719$9,044,820
82$13,003,021$1,168,898$236,584$9,886,429
83$14,261,310$1,158,155$176,491$10,812,685
84$15,645,803$1,144,743$112,242$11,832,233
85$17,169,303$1,128,464$43,630$12,954,601
86$18,845,921$1,109,108$0$14,190,291
87$20,691,202$1,086,451$0$15,559,087
88$22,722,276$1,060,259$0$17,078,989
89$24,958,018$1,030,282$0$18,752,008
90$27,419,225$996,254$0$20,593,712
91$30,128,813$957,898$0$22,621,255
92$33,112,033$914,916$0$24,853,540
93$36,396,709$866,995$0$27,311,397
94$40,013,500$813,804$0$30,017,779
95$43,996,190$754,994$0$32,997,980
96$48,382,005$690,193$0$36,279,873
97$53,211,968$619,010$0$39,894,172
98$58,531,279$541,032$0$43,874,722
99$64,389,748$455,821$0$48,258,821
100$70,842,261$362,916$0$53,087,568