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%13.2%
1 years$67,054$66,457$65,874$65,305$64,750$63,888
2 years$33,195$32,577$31,978$31,397$30,833$29,966
3 years$21,910$21,289$20,692$20,116$19,562$18,717
4 years$16,269$15,650$15,058$14,493$13,952$13,135
5 years$12,885$12,270$11,686$11,132$10,606$9,820
6 years$10,630$10,019$9,444$8,902$8,392$7,638
7 years$9,020$8,414$7,848$7,319$6,825$6,103
8 years$7,812$7,212$6,656$6,140$5,662$4,971
9 years$6,874$6,280$5,733$5,230$4,768$4,109
10 years$6,124$5,535$4,998$4,508$4,063$3,435
11 years$5,510$4,928$4,400$3,923$3,494$2,897
12 years$5,000$4,423$3,905$3,441$3,028$2,460
13 years$4,568$3,997$3,489$3,038$2,640$2,102
14 years$4,198$3,633$3,135$2,697$2,315$1,804
15 years$3,877$3,319$2,830$2,405$2,038$1,555
16 years$3,597$3,045$2,566$2,154$1,801$1,345
17 years$3,351$2,804$2,335$1,935$1,597$1,166
18 years$3,132$2,591$2,131$1,744$1,420$1,014
19 years$2,936$2,402$1,951$1,576$1,266$883
20 years$2,760$2,232$1,791$1,427$1,131$771
21 years$2,601$2,079$1,647$1,295$1,012$674
22 years$2,456$1,940$1,518$1,178$907$590
23 years$2,325$1,815$1,402$1,072$814$517
24 years$2,204$1,700$1,296$978$732$453
25 years$2,093$1,596$1,201$893$658$398
26 years$1,991$1,500$1,114$817$593$350
27 years$1,897$1,411$1,034$748$535$307
28 years$1,810$1,330$961$685$482$270
29 years$1,729$1,255$895$628$436$238
30 years$1,653$1,185$833$576$394$210
31 years$1,582$1,120$777$529$356$185
32 years$1,516$1,060$725$487$322$163
33 years$1,454$1,004$677$447$291$143
34 years$1,396$951$632$412$264$126
35 years$1,341$902$591$379$239$111
36 years$1,290$856$553$349$216$98
37 years$1,241$813$518$322$196$87
38 years$1,195$773$485$296$178$77
39 years$1,151$735$454$273$161$68
40 years$1,110$699$426$252$146$60
41 years$1,071$666$399$233$133$53
42 years$1,034$634$374$215$120$46
43 years$998$604$351$198$109$41
44 years$965$576$330$183$99$36
45 years$933$549$310$169$90$32
46 years$902$524$291$156$82$28
47 years$873$500$273$144$74$25
48 years$845$477$257$133$67$22
49 years$818$456$241$123$61$19
50 years$793$435$227$114$56$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $812,000, adding $6,633 every year, while hoping to spend $43,036 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: 75/14/11 Blend
49$812,000$812,000$812,000$812,000
50$901,666$858,630$846,044$966,912
51$947,846$854,913$828,596$1,007,132
52$997,294$849,571$809,122$1,045,128
53$1,050,298$842,480$787,507$1,085,566
54$1,107,173$833,507$763,634$1,128,676
55$1,168,267$822,511$737,378$1,174,708
56$1,233,959$809,343$708,609$1,223,940
57$1,304,668$793,846$677,193$1,276,680
58$1,380,852$775,851$642,986$1,333,266
59$1,463,014$755,184$605,842$1,394,071
60$1,551,708$731,654$565,604$1,459,507
61$1,647,543$705,066$522,112$1,530,031
62$1,751,185$675,207$475,196$1,606,144
63$1,863,370$641,856$424,679$1,688,401
64$1,984,906$604,779$370,378$1,777,414
65$2,116,679$563,726$312,098$1,873,858
66$2,259,667$518,435$249,640$1,978,479
67$2,414,942$468,628$182,792$2,092,100
68$2,583,687$414,011$111,336$2,215,629
69$2,767,199$354,274$35,043$2,350,069
70$2,966,910$289,090$0$2,496,525
71$3,184,390$218,111$0$2,661,662
72$3,421,372$140,972$0$2,846,127
73$3,679,759$57,287$0$3,047,321
74$3,961,648$0$0$3,266,915
75$4,269,346$0$0$3,511,891
76$4,605,393$0$0$3,789,107
77$4,972,585$0$0$4,092,048
78$5,374,000$0$0$4,423,257
79$5,813,027$0$0$4,785,534
80$6,293,397$0$0$5,181,964
81$6,819,220$0$0$5,615,941
82$7,395,019$0$0$6,091,204
83$8,025,777$0$0$6,611,871
84$8,716,981$0$0$7,182,477
85$9,474,674$0$0$7,808,013
86$10,305,511$0$0$8,493,982
87$11,216,824$0$0$9,246,441
88$12,216,684$0$0$10,072,061
89$13,313,987$0$0$10,978,193
90$14,518,527$0$0$11,972,932
91$15,841,095$0$0$13,065,196
92$17,293,578$0$0$14,264,808
93$18,889,070$0$0$15,582,590
94$20,641,996$0$0$17,030,463
95$22,568,248$0$0$18,621,560
96$24,685,331$0$0$20,370,349
97$27,012,533$0$0$22,292,771
98$29,571,102$0$0$24,406,387
99$32,384,449$0$0$26,730,543
100$35,478,366$0$0$29,286,556