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%14.1%
1 years$67,302$66,702$66,118$65,547$64,989$63,886
2 years$33,318$32,697$32,096$31,513$30,947$29,839
3 years$21,991$21,368$20,768$20,191$19,634$18,556
4 years$16,329$15,708$15,114$14,546$14,003$12,963
5 years$12,933$12,315$11,729$11,173$10,645$9,646
6 years$10,669$10,056$9,479$8,935$8,423$7,466
7 years$9,053$8,445$7,877$7,346$6,850$5,935
8 years$7,841$7,239$6,680$6,162$5,683$4,810
9 years$6,899$6,303$5,754$5,249$4,786$3,955
10 years$6,146$5,556$5,016$4,525$4,078$3,288
11 years$5,531$4,946$4,416$3,938$3,507$2,757
12 years$5,018$4,439$3,919$3,454$3,039$2,328
13 years$4,584$4,012$3,502$3,049$2,650$1,977
14 years$4,213$3,647$3,146$2,707$2,323$1,687
15 years$3,892$3,331$2,841$2,414$2,045$1,445
16 years$3,611$3,056$2,575$2,162$1,808$1,242
17 years$3,363$2,815$2,344$1,942$1,603$1,070
18 years$3,143$2,601$2,139$1,750$1,425$925
19 years$2,947$2,411$1,958$1,581$1,270$800
20 years$2,770$2,240$1,797$1,432$1,135$694
21 years$2,610$2,086$1,653$1,300$1,015$602
22 years$2,465$1,948$1,524$1,182$910$523
23 years$2,333$1,822$1,407$1,076$817$455
24 years$2,212$1,707$1,301$982$734$397
25 years$2,101$1,602$1,205$897$661$346
26 years$1,999$1,505$1,118$820$595$302
27 years$1,904$1,417$1,038$750$537$263
28 years$1,816$1,335$965$688$484$230
29 years$1,735$1,259$898$630$437$201
30 years$1,659$1,189$836$579$395$176
31 years$1,588$1,124$780$531$357$154
32 years$1,522$1,064$727$488$323$134
33 years$1,460$1,007$679$449$292$117
34 years$1,401$955$635$413$265$103
35 years$1,346$906$593$380$240$90
36 years$1,294$860$555$350$217$79
37 years$1,246$816$520$323$197$69
38 years$1,199$776$487$298$179$60
39 years$1,156$738$456$274$162$53
40 years$1,114$702$427$253$147$46
41 years$1,075$668$401$233$133$41
42 years$1,038$636$376$215$121$36
43 years$1,002$606$353$199$110$31
44 years$968$578$331$184$100$27
45 years$936$551$311$170$90$24
46 years$905$526$292$157$82$21
47 years$876$502$274$145$75$18
48 years$848$479$258$134$68$16
49 years$821$457$242$124$61$14
50 years$796$437$228$114$56$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $815,000, adding $4,980 every year, while hoping to spend $46,168 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: 44/39/17 Blend
49$815,000$815,000$815,000$815,000
50$903,267$860,072$847,439$938,373
51$946,278$853,093$826,706$956,511
52$992,128$844,225$803,731$971,186
53$1,041,060$833,326$778,390$986,112
54$1,093,335$820,247$750,554$1,001,333
55$1,149,245$804,828$720,087$1,016,900
56$1,209,106$786,903$686,848$1,032,874
57$1,273,266$766,292$650,688$1,049,325
58$1,342,106$742,807$611,453$1,066,333
59$1,416,045$716,249$568,982$1,083,991
60$1,495,543$686,407$523,104$1,102,407
61$1,581,104$653,057$473,644$1,121,703
62$1,673,283$615,963$420,417$1,142,018
63$1,772,687$574,874$363,230$1,163,512
64$1,879,986$529,527$301,883$1,186,365
65$1,995,913$479,643$236,164$1,210,782
66$2,121,276$424,925$165,856$1,236,996
67$2,256,962$365,063$90,728$1,265,270
68$2,403,947$299,725$10,542$1,295,898
69$2,563,302$228,565$0$1,329,216
70$2,736,208$151,213$0$1,379,208
71$2,923,960$67,282$0$1,435,613
72$3,127,987$0$0$1,497,039
73$3,349,855$0$0$1,574,216
74$3,591,294$0$0$1,689,707
75$3,854,201$0$0$1,815,559
76$4,140,667$0$0$1,952,783
77$4,452,993$0$0$2,102,493
78$4,793,711$0$0$2,265,915
79$5,165,606$0$0$2,444,398
80$5,571,748$0$0$2,639,429
81$6,015,513$0$0$2,852,642
82$6,500,618$0$0$3,085,839
83$7,031,157$0$0$3,341,002
84$7,611,636$0$0$3,620,314
85$8,247,019$0$0$3,926,180
86$8,942,768$0$0$4,261,247
87$9,704,903$0$0$4,628,431
88$10,540,049$0$0$5,030,942
89$11,455,506$0$0$5,472,318
90$12,459,311$0$0$5,956,453
91$13,560,317$0$0$6,487,637
92$14,768,276$0$0$7,070,596
93$16,093,928$0$0$7,710,535
94$17,549,104$0$0$8,413,189
95$19,146,836$0$0$9,184,872
96$20,901,480$0$0$10,032,544
97$22,828,851$0$0$10,963,870
98$24,946,369$0$0$11,987,292
99$27,273,226$0$0$13,112,115
100$29,830,567$0$0$14,348,586