Can I retire at age 50 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$67,054$66,457$65,874$65,305$64,750$62,502
2 years$33,195$32,577$31,978$31,397$30,833$28,592
3 years$21,910$21,289$20,692$20,116$19,562$17,398
4 years$16,269$15,650$15,058$14,493$13,952$11,881
5 years$12,885$12,270$11,686$11,132$10,606$8,634
6 years$10,630$10,019$9,444$8,902$8,392$6,520
7 years$9,020$8,414$7,848$7,319$6,825$5,053
8 years$7,812$7,212$6,656$6,140$5,662$3,989
9 years$6,874$6,280$5,733$5,230$4,768$3,192
10 years$6,124$5,535$4,998$4,508$4,063$2,580
11 years$5,510$4,928$4,400$3,923$3,494$2,102
12 years$5,000$4,423$3,905$3,441$3,028$1,724
13 years$4,568$3,997$3,489$3,038$2,640$1,420
14 years$4,198$3,633$3,135$2,697$2,315$1,175
15 years$3,877$3,319$2,830$2,405$2,038$975
16 years$3,597$3,045$2,566$2,154$1,801$812
17 years$3,351$2,804$2,335$1,935$1,597$677
18 years$3,132$2,591$2,131$1,744$1,420$566
19 years$2,936$2,402$1,951$1,576$1,266$473
20 years$2,760$2,232$1,791$1,427$1,131$397
21 years$2,601$2,079$1,647$1,295$1,012$333
22 years$2,456$1,940$1,518$1,178$907$279
23 years$2,325$1,815$1,402$1,072$814$234
24 years$2,204$1,700$1,296$978$732$197
25 years$2,093$1,596$1,201$893$658$166
26 years$1,991$1,500$1,114$817$593$139
27 years$1,897$1,411$1,034$748$535$117
28 years$1,810$1,330$961$685$482$99
29 years$1,729$1,255$895$628$436$83
30 years$1,653$1,185$833$576$394$70
31 years$1,582$1,120$777$529$356$59
32 years$1,516$1,060$725$487$322$50
33 years$1,454$1,004$677$447$291$42
34 years$1,396$951$632$412$264$35
35 years$1,341$902$591$379$239$30
36 years$1,290$856$553$349$216$25
37 years$1,241$813$518$322$196$21
38 years$1,195$773$485$296$178$18
39 years$1,151$735$454$273$161$15
40 years$1,110$699$426$252$146$13
41 years$1,071$666$399$233$133$11
42 years$1,034$634$374$215$120$9
43 years$998$604$351$198$109$8
44 years$965$576$330$183$99$6
45 years$933$549$310$169$90$5
46 years$902$524$291$156$82$5
47 years$873$500$273$144$74$4
48 years$845$477$257$133$67$3
49 years$818$456$241$123$61$3
50 years$793$435$227$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $812,000, adding $4,109 every year, while hoping to spend $24,396 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: 63/11/26 Blend
49$812,000$812,000$812,000$812,000
50$899,062$856,026$843,440$949,269
51$964,810$872,015$845,739$999,743
52$1,036,445$887,968$847,296$1,051,800
53$1,114,545$903,861$848,062$1,108,127
54$1,199,740$919,662$847,984$1,169,145
55$1,292,728$935,340$847,006$1,235,320
56$1,394,275$950,860$845,069$1,307,163
57$1,505,225$966,186$842,113$1,385,240
58$1,626,507$981,278$838,073$1,470,174
59$1,759,144$996,094$832,882$1,562,653
60$1,904,262$1,010,588$826,469$1,663,434
61$2,063,101$1,024,711$818,760$1,773,353
62$2,237,027$1,038,412$809,678$1,893,330
63$2,427,543$1,051,633$799,141$2,024,382
64$2,636,305$1,064,316$787,065$2,167,629
65$2,865,138$1,076,397$773,362$2,324,306
66$3,116,049$1,087,808$757,936$2,495,774
67$3,391,251$1,098,475$740,692$2,683,535
68$3,693,181$1,108,323$721,528$2,889,245
69$4,024,522$1,117,267$700,336$3,114,728
70$4,388,231$1,125,221$677,005$3,361,997
71$4,787,565$1,132,091$651,418$3,633,272
72$5,226,110$1,137,777$623,454$3,930,997
73$5,707,819$1,142,174$592,985$4,257,871
74$6,237,044$1,145,168$559,878$4,616,867
75$6,818,581$1,146,640$523,993$5,011,263
76$7,457,714$1,146,463$485,185$5,444,674
77$8,160,264$1,144,502$443,301$5,921,084
78$8,932,642$1,140,614$398,182$6,444,886
79$9,781,913$1,134,646$349,663$7,020,923
80$10,715,862$1,126,437$297,571$7,654,534
81$11,743,063$1,115,816$241,723$8,351,604
82$12,872,966$1,102,602$181,931$9,118,621
83$14,115,980$1,086,601$117,998$9,962,738
84$15,483,576$1,067,610$49,717$10,891,839
85$16,988,392$1,045,414$0$11,914,615
86$18,644,351$1,019,783$0$13,047,071
87$20,466,798$990,475$0$14,308,480
88$22,472,637$957,233$0$15,696,742
89$24,680,495$919,787$0$17,224,759
90$27,110,898$877,849$0$18,906,745
91$29,786,461$831,116$0$20,758,367
92$32,732,105$779,265$0$22,796,889
93$35,975,288$721,957$0$25,041,333
94$39,546,268$658,834$0$27,512,665
95$43,478,385$589,514$0$30,233,988
96$47,808,377$513,598$0$33,230,759
97$52,576,728$430,660$0$36,531,035
98$57,828,045$340,253$0$40,165,734
99$63,611,484$241,904$0$44,168,927
100$69,981,210$135,112$0$48,578,161