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%12.3%
1 years$67,054$66,457$65,874$65,305$64,750$64,127
2 years$33,195$32,577$31,978$31,397$30,833$30,206
3 years$21,910$21,289$20,692$20,116$19,562$18,949
4 years$16,269$15,650$15,058$14,493$13,952$13,359
5 years$12,885$12,270$11,686$11,132$10,606$10,034
6 years$10,630$10,019$9,444$8,902$8,392$7,842
7 years$9,020$8,414$7,848$7,319$6,825$6,298
8 years$7,812$7,212$6,656$6,140$5,662$5,157
9 years$6,874$6,280$5,733$5,230$4,768$4,285
10 years$6,124$5,535$4,998$4,508$4,063$3,602
11 years$5,510$4,928$4,400$3,923$3,494$3,054
12 years$5,000$4,423$3,905$3,441$3,028$2,609
13 years$4,568$3,997$3,489$3,038$2,640$2,242
14 years$4,198$3,633$3,135$2,697$2,315$1,936
15 years$3,877$3,319$2,830$2,405$2,038$1,679
16 years$3,597$3,045$2,566$2,154$1,801$1,461
17 years$3,351$2,804$2,335$1,935$1,597$1,275
18 years$3,132$2,591$2,131$1,744$1,420$1,116
19 years$2,936$2,402$1,951$1,576$1,266$978
20 years$2,760$2,232$1,791$1,427$1,131$860
21 years$2,601$2,079$1,647$1,295$1,012$756
22 years$2,456$1,940$1,518$1,178$907$667
23 years$2,325$1,815$1,402$1,072$814$588
24 years$2,204$1,700$1,296$978$732$519
25 years$2,093$1,596$1,201$893$658$459
26 years$1,991$1,500$1,114$817$593$406
27 years$1,897$1,411$1,034$748$535$360
28 years$1,810$1,330$961$685$482$319
29 years$1,729$1,255$895$628$436$283
30 years$1,653$1,185$833$576$394$251
31 years$1,582$1,120$777$529$356$222
32 years$1,516$1,060$725$487$322$197
33 years$1,454$1,004$677$447$291$175
34 years$1,396$951$632$412$264$156
35 years$1,341$902$591$379$239$138
36 years$1,290$856$553$349$216$123
37 years$1,241$813$518$322$196$109
38 years$1,195$773$485$296$178$97
39 years$1,151$735$454$273$161$86
40 years$1,110$699$426$252$146$77
41 years$1,071$666$399$233$133$68
42 years$1,034$634$374$215$120$61
43 years$998$604$351$198$109$54
44 years$965$576$330$183$99$48
45 years$933$549$310$169$90$43
46 years$902$524$291$156$82$38
47 years$873$500$273$144$74$34
48 years$845$477$257$133$67$30
49 years$818$456$241$123$61$27
50 years$793$435$227$114$56$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $812,000, adding $6,067 every year, while hoping to spend $54,168 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: 26/46/28 Blend
49$812,000$812,000$812,000$812,000
50$901,082$858,046$845,460$916,513
51$935,358$842,456$816,149$914,063
52$971,315$824,287$784,040$906,412
53$1,009,067$803,354$748,983$897,093
54$1,048,737$779,464$710,819$886,000
55$1,090,462$752,411$669,385$873,027
56$1,134,387$721,978$624,508$858,061
57$1,180,672$687,933$576,007$840,983
58$1,229,492$650,033$523,694$821,672
59$1,281,036$608,020$467,374$800,002
60$1,335,511$561,622$406,840$775,839
61$1,393,142$510,550$341,878$749,049
62$1,454,175$454,500$272,264$719,490
63$1,518,881$393,150$197,764$687,016
64$1,587,552$326,160$118,135$651,477
65$1,660,511$253,171$33,121$612,719
66$1,738,109$173,802$0$570,581
67$1,820,732$87,654$0$542,110
68$1,908,799$0$0$521,609
69$2,002,774$0$0$501,971
70$2,103,162$0$0$528,470
71$2,210,516$0$0$556,895
72$2,325,444$0$0$587,415
73$2,448,614$0$0$620,221
74$2,580,754$0$0$655,520
75$2,722,668$0$0$693,537
76$2,875,236$0$0$734,524
77$3,039,423$0$0$778,755
78$3,216,292$0$0$826,530
79$3,407,006$0$0$878,181
80$3,612,847$0$0$934,072
81$3,835,221$0$0$994,602
82$4,075,674$0$0$1,060,212
83$4,335,905$0$0$1,131,386
84$4,617,782$0$0$1,208,655
85$4,923,357$0$0$1,292,604
86$5,254,890$0$0$1,383,876
87$5,614,865$0$0$1,483,181
88$6,006,011$0$0$1,591,296
89$6,431,336$0$0$1,709,079
90$6,894,143$0$0$1,837,474
91$7,398,072$0$0$1,977,518
92$7,947,124$0$0$2,130,353
93$8,545,705$0$0$2,297,239
94$9,198,662$0$0$2,479,559
95$9,911,331$0$0$2,678,838
96$10,689,587$0$0$2,896,754
97$11,539,895$0$0$3,135,154
98$12,469,373$0$0$3,396,073
99$13,485,859$0$0$3,681,752
100$14,597,981$0$0$3,994,658