Can I retire at age 50 with 815,000?

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 $815,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$67,302$66,702$66,118$65,547$64,989$64,257
2 years$33,318$32,697$32,096$31,513$30,947$30,210
3 years$21,991$21,368$20,768$20,191$19,634$18,915
4 years$16,329$15,708$15,114$14,546$14,003$13,308
5 years$12,933$12,315$11,729$11,173$10,645$9,975
6 years$10,669$10,056$9,479$8,935$8,423$7,779
7 years$9,053$8,445$7,877$7,346$6,850$6,233
8 years$7,841$7,239$6,680$6,162$5,683$5,092
9 years$6,899$6,303$5,754$5,249$4,786$4,222
10 years$6,146$5,556$5,016$4,525$4,078$3,540
11 years$5,531$4,946$4,416$3,938$3,507$2,994
12 years$5,018$4,439$3,919$3,454$3,039$2,551
13 years$4,584$4,012$3,502$3,049$2,650$2,187
14 years$4,213$3,647$3,146$2,707$2,323$1,884
15 years$3,892$3,331$2,841$2,414$2,045$1,629
16 years$3,611$3,056$2,575$2,162$1,808$1,414
17 years$3,363$2,815$2,344$1,942$1,603$1,230
18 years$3,143$2,601$2,139$1,750$1,425$1,073
19 years$2,947$2,411$1,958$1,581$1,270$939
20 years$2,770$2,240$1,797$1,432$1,135$822
21 years$2,610$2,086$1,653$1,300$1,015$721
22 years$2,465$1,948$1,524$1,182$910$634
23 years$2,333$1,822$1,407$1,076$817$557
24 years$2,212$1,707$1,301$982$734$491
25 years$2,101$1,602$1,205$897$661$433
26 years$1,999$1,505$1,118$820$595$382
27 years$1,904$1,417$1,038$750$537$337
28 years$1,816$1,335$965$688$484$297
29 years$1,735$1,259$898$630$437$263
30 years$1,659$1,189$836$579$395$232
31 years$1,588$1,124$780$531$357$206
32 years$1,522$1,064$727$488$323$182
33 years$1,460$1,007$679$449$292$161
34 years$1,401$955$635$413$265$143
35 years$1,346$906$593$380$240$126
36 years$1,294$860$555$350$217$112
37 years$1,246$816$520$323$197$99
38 years$1,199$776$487$298$179$88
39 years$1,156$738$456$274$162$78
40 years$1,114$702$427$253$147$69
41 years$1,075$668$401$233$133$61
42 years$1,038$636$376$215$121$54
43 years$1,002$606$353$199$110$48
44 years$968$578$331$184$100$43
45 years$936$551$311$170$90$38
46 years$905$526$292$157$82$33
47 years$876$502$274$145$75$30
48 years$848$479$258$134$68$26
49 years$821$457$242$124$61$23
50 years$796$437$228$114$56$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $815,000, adding $3,336 every year, while hoping to spend $51,269 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: 41/33/26 Blend
49$815,000$815,000$815,000$815,000
50$901,571$858,376$845,744$931,522
51$938,982$845,887$819,526$940,925
52$978,489$831,067$790,712$946,017
53$1,020,255$813,749$759,160$950,532
54$1,064,452$793,754$724,723$954,448
55$1,111,271$770,893$687,247$957,744
56$1,160,921$744,966$646,570$960,401
57$1,213,628$715,763$602,523$962,404
58$1,269,642$683,059$554,931$963,741
59$1,329,234$646,618$503,610$964,403
60$1,392,703$606,189$448,368$964,386
61$1,460,373$561,507$389,003$963,693
62$1,532,603$512,293$325,307$962,332
63$1,609,784$458,250$257,059$960,318
64$1,692,344$399,066$184,033$957,676
65$1,780,753$334,410$105,988$954,439
66$1,875,527$263,934$22,676$950,654
67$1,977,233$187,268$0$946,377
68$2,086,489$104,024$0$960,057
69$2,203,979$13,789$0$981,317
70$2,330,450$0$0$1,004,046
71$2,466,723$0$0$1,058,911
72$2,613,701$0$0$1,123,567
73$2,772,375$0$0$1,193,453
74$2,943,834$0$0$1,269,058
75$3,129,275$0$0$1,350,922
76$3,330,014$0$0$1,439,637
77$3,547,497$0$0$1,535,855
78$3,783,315$0$0$1,640,292
79$4,039,217$0$0$1,753,738
80$4,317,126$0$0$1,877,057
81$4,619,157$0$0$2,011,206
82$4,947,639$0$0$2,157,232
83$5,305,132$0$0$2,316,291
84$5,694,453$0$0$2,489,653
85$6,118,703$0$0$2,678,716
86$6,581,295$0$0$2,885,021
87$7,085,983$0$0$3,110,260
88$7,636,901$0$0$3,356,299
89$8,238,599$0$0$3,625,190
90$8,896,087$0$0$3,919,196
91$9,614,879$0$0$4,240,803
92$10,401,046$0$0$4,592,752
93$11,261,274$0$0$4,978,061
94$12,202,924$0$0$5,400,052
95$13,234,102$0$0$5,862,384
96$14,363,734$0$0$6,369,088
97$15,601,651$0$0$6,924,600
98$16,958,679$0$0$7,533,809
99$18,446,742$0$0$8,202,100
100$20,078,973$0$0$8,935,400