Can I retire at age 50 with 814,000?

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 $814,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$67,219$66,621$66,036$65,466$64,910$64,555
2 years$33,277$32,657$32,057$31,474$30,909$30,551
3 years$21,964$21,342$20,743$20,166$19,610$19,260
4 years$16,309$15,688$15,095$14,528$13,986$13,646
5 years$12,917$12,300$11,715$11,159$10,632$10,304
6 years$10,656$10,044$9,467$8,924$8,413$8,097
7 years$9,042$8,435$7,867$7,337$6,842$6,538
8 years$7,832$7,230$6,672$6,155$5,676$5,384
9 years$6,891$6,295$5,747$5,243$4,780$4,500
10 years$6,139$5,549$5,010$4,519$4,073$3,805
11 years$5,524$4,940$4,411$3,933$3,503$3,247
12 years$5,012$4,434$3,914$3,450$3,035$2,791
13 years$4,579$4,007$3,497$3,046$2,647$2,414
14 years$4,208$3,642$3,142$2,704$2,320$2,098
15 years$3,887$3,327$2,837$2,411$2,043$1,832
16 years$3,606$3,053$2,572$2,159$1,806$1,605
17 years$3,359$2,811$2,341$1,940$1,601$1,410
18 years$3,139$2,598$2,137$1,748$1,423$1,243
19 years$2,943$2,408$1,956$1,580$1,269$1,098
20 years$2,767$2,237$1,795$1,431$1,133$971
21 years$2,607$2,084$1,651$1,298$1,014$861
22 years$2,462$1,945$1,522$1,180$909$765
23 years$2,330$1,819$1,405$1,075$816$680
24 years$2,210$1,705$1,300$981$733$605
25 years$2,099$1,600$1,204$895$660$539
26 years$1,996$1,503$1,116$819$595$481
27 years$1,902$1,415$1,037$749$536$429
28 years$1,814$1,333$964$687$484$383
29 years$1,733$1,258$897$630$437$342
30 years$1,657$1,188$835$578$395$306
31 years$1,586$1,123$779$531$357$274
32 years$1,520$1,063$727$488$323$245
33 years$1,458$1,006$678$449$292$220
34 years$1,399$954$634$413$264$197
35 years$1,345$905$593$380$239$176
36 years$1,293$859$554$350$217$158
37 years$1,244$815$519$322$197$142
38 years$1,198$775$486$297$178$127
39 years$1,154$737$455$274$162$114
40 years$1,113$701$427$253$147$102
41 years$1,074$667$400$233$133$92
42 years$1,036$636$375$215$121$82
43 years$1,001$606$352$199$110$74
44 years$967$577$331$183$99$66
45 years$935$550$310$169$90$59
46 years$904$525$292$156$82$53
47 years$875$501$274$145$74$48
48 years$847$478$257$134$68$43
49 years$820$457$242$123$61$39
50 years$795$436$227$114$56$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $814,000, adding $4,420 every year, while hoping to spend $42,213 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: 80/10/10 Blend
49$814,000$814,000$814,000$814,000
50$901,587$858,445$845,828$971,897
51$948,635$855,595$829,249$1,015,807
52$999,066$851,190$810,700$1,058,015
53$1,053,183$845,110$790,070$1,103,085
54$1,111,314$837,226$767,243$1,151,283
55$1,173,821$827,404$742,100$1,202,900
56$1,241,103$815,498$714,512$1,258,259
57$1,313,595$801,357$684,347$1,317,716
58$1,391,777$784,819$651,469$1,381,661
59$1,476,176$765,713$615,730$1,450,527
60$1,567,370$743,857$576,982$1,524,790
61$1,665,996$719,061$535,065$1,604,973
62$1,772,752$691,119$489,814$1,691,655
63$1,888,408$659,819$441,058$1,785,474
64$2,013,808$624,932$388,615$1,887,131
65$2,149,881$586,219$332,299$1,997,402
66$2,297,649$543,424$271,912$2,117,141
67$2,458,237$496,280$207,248$2,247,289
68$2,632,882$444,502$138,095$2,388,886
69$2,822,943$387,789$64,229$2,543,076
70$3,029,917$325,825$0$2,711,122
71$3,255,453$258,275$0$2,895,973
72$3,501,362$184,784$0$3,105,022
73$3,769,641$104,978$0$3,333,128
74$4,062,485$18,462$0$3,582,186
75$4,382,312$0$0$3,854,283
76$4,731,783$0$0$4,159,993
77$5,113,828$0$0$4,496,440
78$5,531,672$0$0$4,864,436
79$5,988,869$0$0$5,267,114
80$6,489,327$0$0$5,707,919
81$7,037,355$0$0$6,190,648
82$7,637,694$0$0$6,719,483
83$8,295,567$0$0$7,299,026
84$9,016,727$0$0$7,934,348
85$9,807,508$0$0$8,631,034
86$10,674,887$0$0$9,395,235
87$11,626,550$0$0$10,233,725
88$12,670,961$0$0$11,153,966
89$13,817,445$0$0$12,164,179
90$15,076,273$0$0$13,273,417
91$16,458,760$0$0$14,491,656
92$17,977,368$0$0$15,829,881
93$19,645,828$0$0$17,300,198
94$21,479,266$0$0$18,915,941
95$23,494,346$0$0$20,691,800
96$25,709,427$0$0$22,643,960
97$28,144,733$0$0$24,790,250
98$30,822,549$0$0$27,150,314
99$33,767,424$0$0$29,745,796
100$37,006,407$0$0$32,600,541