Can I retire at age 50 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$66,972$66,375$65,793$65,225$64,670$64,182
2 years$33,154$32,537$31,938$31,358$30,795$30,303
3 years$21,883$21,263$20,666$20,091$19,538$19,057
4 years$16,249$15,631$15,040$14,475$13,935$13,469
5 years$12,869$12,255$11,671$11,118$10,593$10,143
6 years$10,617$10,007$9,432$8,891$8,382$7,949
7 years$9,008$8,404$7,838$7,310$6,817$6,401
8 years$7,803$7,204$6,647$6,132$5,655$5,256
9 years$6,866$6,272$5,725$5,223$4,762$4,381
10 years$6,116$5,528$4,992$4,502$4,058$3,693
11 years$5,504$4,922$4,395$3,918$3,490$3,141
12 years$4,993$4,417$3,900$3,437$3,024$2,692
13 years$4,562$3,992$3,484$3,034$2,637$2,321
14 years$4,193$3,629$3,131$2,694$2,312$2,011
15 years$3,873$3,315$2,827$2,402$2,035$1,750
16 years$3,593$3,041$2,563$2,151$1,799$1,528
17 years$3,347$2,801$2,332$1,933$1,595$1,338
18 years$3,128$2,588$2,129$1,742$1,418$1,175
19 years$2,932$2,399$1,949$1,574$1,264$1,034
20 years$2,756$2,229$1,789$1,425$1,129$912
21 years$2,597$2,076$1,645$1,294$1,010$805
22 years$2,453$1,938$1,516$1,176$906$712
23 years$2,322$1,813$1,400$1,071$813$631
24 years$2,201$1,698$1,295$977$731$559
25 years$2,091$1,594$1,199$892$658$496
26 years$1,989$1,498$1,112$816$592$441
27 years$1,895$1,410$1,033$747$534$392
28 years$1,808$1,328$960$684$482$349
29 years$1,726$1,253$893$627$435$310
30 years$1,651$1,183$832$576$393$276
31 years$1,580$1,119$776$529$355$246
32 years$1,514$1,059$724$486$322$220
33 years$1,452$1,003$676$447$291$196
34 years$1,394$950$632$411$263$175
35 years$1,340$901$590$379$239$156
36 years$1,288$855$552$349$216$139
37 years$1,239$812$517$321$196$124
38 years$1,193$772$484$296$178$111
39 years$1,150$734$454$273$161$99
40 years$1,109$698$425$252$146$88
41 years$1,070$665$399$232$133$79
42 years$1,033$633$374$214$120$71
43 years$997$603$351$198$109$63
44 years$964$575$329$183$99$56
45 years$932$548$309$169$90$50
46 years$901$523$290$156$82$45
47 years$872$499$273$144$74$40
48 years$844$477$256$133$67$36
49 years$817$455$241$123$61$32
50 years$792$435$227$114$56$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $811,000, adding $5,945 every year, while hoping to spend $52,714 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: 63/23/14 Blend
49$811,000$811,000$811,000$811,000
50$899,854$856,871$844,301$953,140
51$935,552$842,771$816,498$975,490
52$973,124$826,212$785,996$993,308
53$1,012,707$807,020$752,651$1,011,480
54$1,054,446$785,008$716,308$1,030,040
55$1,098,505$759,978$676,809$1,049,029
56$1,145,057$731,722$633,987$1,068,495
57$1,194,294$700,018$587,667$1,088,493
58$1,246,426$664,632$537,667$1,109,085
59$1,301,679$625,317$483,797$1,130,341
60$1,360,305$581,812$425,859$1,152,344
61$1,422,574$533,839$363,643$1,175,187
62$1,488,786$481,106$296,935$1,198,973
63$1,559,266$423,305$225,506$1,223,824
64$1,634,372$360,108$149,122$1,249,873
65$1,714,495$291,170$67,534$1,277,273
66$1,800,063$216,127$0$1,306,198
67$1,891,546$134,593$0$1,339,759
68$1,989,458$46,162$0$1,386,212
69$2,094,363$0$0$1,435,748
70$2,206,882$0$0$1,501,237
71$2,327,692$0$0$1,584,137
72$2,457,540$0$0$1,673,281
73$2,597,244$0$0$1,769,236
74$2,747,702$0$0$1,872,624
75$2,909,901$0$0$1,984,130
76$3,084,925$0$0$2,104,506
77$3,273,966$0$0$2,234,576
78$3,478,332$0$0$2,375,249
79$3,699,461$0$0$2,527,523
80$3,938,935$0$0$2,692,493
81$4,198,493$0$0$2,871,365
82$4,480,046$0$0$3,065,467
83$4,785,697$0$0$3,276,255
84$5,117,757$0$0$3,505,334
85$5,478,771$0$0$3,754,468
86$5,871,537$0$0$4,025,599
87$6,299,134$0$0$4,320,864
88$6,764,950$0$0$4,642,611
89$7,272,713$0$0$4,993,429
90$7,826,527$0$0$5,376,165
91$8,430,908$0$0$5,793,951
92$9,090,827$0$0$6,250,239
93$9,811,756$0$0$6,748,825
94$10,599,721$0$0$7,293,891
95$11,461,354$0$0$7,890,038
96$12,403,959$0$0$8,542,336
97$13,435,575$0$0$9,256,365
98$14,565,059$0$0$10,038,271
99$15,802,160$0$0$10,894,820
100$17,157,616$0$0$11,833,466