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%15.2%
1 years$67,219$66,621$66,036$65,466$64,910$63,521
2 years$33,277$32,657$32,057$31,474$30,909$29,517
3 years$21,964$21,342$20,743$20,166$19,610$18,258
4 years$16,309$15,688$15,095$14,528$13,986$12,684
5 years$12,917$12,300$11,715$11,159$10,632$9,384
6 years$10,656$10,044$9,467$8,924$8,413$7,220
7 years$9,042$8,435$7,867$7,337$6,842$5,704
8 years$7,832$7,230$6,672$6,155$5,676$4,594
9 years$6,891$6,295$5,747$5,243$4,780$3,752
10 years$6,139$5,549$5,010$4,519$4,073$3,098
11 years$5,524$4,940$4,411$3,933$3,503$2,580
12 years$5,012$4,434$3,914$3,450$3,035$2,163
13 years$4,579$4,007$3,497$3,046$2,647$1,824
14 years$4,208$3,642$3,142$2,704$2,320$1,545
15 years$3,887$3,327$2,837$2,411$2,043$1,313
16 years$3,606$3,053$2,572$2,159$1,806$1,120
17 years$3,359$2,811$2,341$1,940$1,601$957
18 years$3,139$2,598$2,137$1,748$1,423$820
19 years$2,943$2,408$1,956$1,580$1,269$704
20 years$2,767$2,237$1,795$1,431$1,133$606
21 years$2,607$2,084$1,651$1,298$1,014$521
22 years$2,462$1,945$1,522$1,180$909$449
23 years$2,330$1,819$1,405$1,075$816$388
24 years$2,210$1,705$1,300$981$733$335
25 years$2,099$1,600$1,204$895$660$289
26 years$1,996$1,503$1,116$819$595$250
27 years$1,902$1,415$1,037$749$536$216
28 years$1,814$1,333$964$687$484$187
29 years$1,733$1,258$897$630$437$162
30 years$1,657$1,188$835$578$395$140
31 years$1,586$1,123$779$531$357$122
32 years$1,520$1,063$727$488$323$105
33 years$1,458$1,006$678$449$292$91
34 years$1,399$954$634$413$264$79
35 years$1,345$905$593$380$239$69
36 years$1,293$859$554$350$217$60
37 years$1,244$815$519$322$197$52
38 years$1,198$775$486$297$178$45
39 years$1,154$737$455$274$162$39
40 years$1,113$701$427$253$147$34
41 years$1,074$667$400$233$133$29
42 years$1,036$636$375$215$121$25
43 years$1,001$606$352$199$110$22
44 years$967$577$331$183$99$19
45 years$935$550$310$169$90$17
46 years$904$525$292$156$82$14
47 years$875$501$274$145$74$13
48 years$847$478$257$134$68$11
49 years$820$457$242$123$61$9
50 years$795$436$227$114$56$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $814,000, adding $3,232 every year, while hoping to spend $31,013 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: 29/42/29 Blend
49$814,000$814,000$814,000$814,000
50$900,362$857,220$844,603$918,352
51$959,201$866,226$839,899$941,890
52$1,023,003$874,634$833,999$964,277
53$1,092,240$882,382$826,829$987,733
54$1,167,433$889,404$818,312$1,012,371
55$1,249,155$895,628$808,370$1,038,318
56$1,338,037$900,982$796,918$1,065,720
57$1,434,770$905,383$783,868$1,094,734
58$1,540,118$908,749$769,129$1,125,542
59$1,654,920$910,988$752,605$1,158,341
60$1,780,100$912,004$734,196$1,193,356
61$1,916,674$911,696$713,795$1,230,835
62$2,065,762$909,956$691,294$1,271,055
63$2,228,594$906,668$666,577$1,314,323
64$2,406,527$901,711$639,523$1,360,985
65$2,601,053$894,956$610,008$1,411,423
66$2,813,817$886,265$577,900$1,466,062
67$3,046,628$875,493$543,061$1,525,375
68$3,301,478$862,486$505,347$1,589,888
69$3,580,561$847,081$464,609$1,660,186
70$3,886,295$829,104$420,690$1,736,918
71$4,221,339$808,373$373,426$1,820,804
72$4,588,626$784,693$322,645$1,912,644
73$4,991,382$757,859$268,170$2,013,327
74$5,433,163$727,654$209,814$2,123,836
75$5,917,884$693,848$147,381$2,245,264
76$6,449,858$656,197$80,669$2,378,821
77$7,033,838$614,444$9,465$2,525,847
78$7,675,054$568,317$0$2,687,831
79$8,379,274$517,529$0$2,887,001
80$9,152,847$461,775$0$3,109,062
81$10,002,770$400,734$0$3,353,174
82$10,936,749$334,067$0$3,621,650
83$11,963,275$261,414$0$3,917,046
84$13,091,703$182,397$0$4,242,183
85$14,332,338$96,615$0$4,600,178
86$15,696,534$3,647$0$4,994,472
87$17,196,800$0$0$5,428,866
88$18,846,919$0$0$5,952,366
89$20,662,075$0$0$6,530,225
90$22,659,000$0$0$7,166,104
91$24,856,127$0$0$7,865,891
92$27,273,767$0$0$8,636,075
93$29,934,300$0$0$9,483,806
94$32,862,382$0$0$10,416,961
95$36,085,185$0$0$11,444,220
96$39,632,645$0$0$12,575,149
97$43,537,750$0$0$13,820,287
98$47,836,846$0$0$15,191,247
99$52,569,985$0$0$16,700,825
100$57,781,298$0$0$18,363,123