Can I retire at age 50 with 817,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $817,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$67,467$66,866$66,280$65,708$65,149$64,442
2 years$33,400$32,778$32,175$31,590$31,023$30,311
3 years$22,045$21,420$20,819$20,240$19,682$18,988
4 years$16,369$15,746$15,151$14,582$14,038$13,365
5 years$12,964$12,345$11,758$11,200$10,671$10,024
6 years$10,695$10,081$9,502$8,957$8,444$7,821
7 years$9,075$8,466$7,896$7,364$6,867$6,270
8 years$7,861$7,257$6,697$6,177$5,697$5,126
9 years$6,916$6,318$5,768$5,262$4,798$4,252
10 years$6,162$5,569$5,029$4,536$4,088$3,567
11 years$5,544$4,958$4,427$3,947$3,516$3,019
12 years$5,030$4,450$3,929$3,462$3,047$2,574
13 years$4,596$4,022$3,510$3,057$2,657$2,208
14 years$4,224$3,656$3,154$2,714$2,329$1,903
15 years$3,901$3,339$2,848$2,420$2,050$1,647
16 years$3,620$3,064$2,582$2,167$1,812$1,430
17 years$3,371$2,822$2,349$1,947$1,607$1,246
18 years$3,151$2,607$2,145$1,755$1,429$1,088
19 years$2,954$2,416$1,963$1,585$1,273$952
20 years$2,777$2,245$1,802$1,436$1,137$834
21 years$2,617$2,092$1,657$1,303$1,018$732
22 years$2,471$1,952$1,527$1,185$912$644
23 years$2,339$1,826$1,410$1,079$819$567
24 years$2,218$1,711$1,304$984$736$500
25 years$2,106$1,606$1,208$899$662$441
26 years$2,004$1,509$1,120$822$597$389
27 years$1,909$1,420$1,040$752$538$344
28 years$1,821$1,338$967$689$485$304
29 years$1,739$1,262$900$632$438$269
30 years$1,663$1,192$838$580$396$238
31 years$1,592$1,127$782$533$358$210
32 years$1,525$1,066$729$490$324$186
33 years$1,463$1,010$681$450$293$165
34 years$1,405$957$636$414$265$146
35 years$1,349$908$595$381$240$130
36 years$1,298$862$556$351$218$115
37 years$1,249$818$521$324$197$102
38 years$1,202$778$488$298$179$90
39 years$1,158$740$457$275$162$80
40 years$1,117$704$428$254$147$71
41 years$1,078$670$402$234$134$63
42 years$1,040$638$377$216$121$56
43 years$1,005$608$353$199$110$50
44 years$971$579$332$184$100$44
45 years$938$552$312$170$91$39
46 years$908$527$293$157$82$35
47 years$878$503$275$145$75$31
48 years$850$480$258$134$68$27
49 years$823$459$243$124$62$24
50 years$798$438$228$115$56$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $817,000, adding $2,176 every year, while hoping to spend $32,519 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: 55/24/21 Blend
49$817,000$817,000$817,000$817,000
50$902,579$859,278$846,614$946,961
51$960,042$866,782$840,376$985,085
52$1,022,276$873,565$832,838$1,022,958
53$1,089,734$879,555$823,924$1,063,502
54$1,162,913$884,680$813,552$1,106,982
55$1,242,360$888,859$801,636$1,153,691
56$1,328,677$892,009$788,087$1,203,952
57$1,422,526$894,041$772,812$1,258,125
58$1,524,634$894,860$755,712$1,316,606
59$1,635,804$894,365$736,684$1,379,833
60$1,756,915$892,448$715,623$1,448,290
61$1,888,940$888,997$692,415$1,522,512
62$2,032,944$883,891$666,944$1,603,091
63$2,190,104$877,001$639,086$1,690,680
64$2,361,713$868,193$608,714$1,786,001
65$2,549,195$857,321$575,693$1,889,852
66$2,754,118$844,235$539,884$2,003,115
67$2,978,207$828,772$501,139$2,126,764
68$3,223,363$810,761$459,306$2,261,873
69$3,491,679$790,020$414,226$2,409,632
70$3,785,458$766,359$365,730$2,571,352
71$4,107,238$739,574$313,645$2,748,482
72$4,459,812$709,449$257,789$2,942,623
73$4,846,259$675,758$197,971$3,155,540
74$5,269,967$638,260$133,992$3,389,185
75$5,734,669$596,700$65,646$3,645,711
76$6,244,477$550,810$0$3,927,495
77$6,803,918$500,304$0$4,238,796
78$7,417,981$444,883$0$4,596,680
79$8,092,161$384,228$0$4,989,672
80$8,832,510$318,003$0$5,421,355
81$9,645,695$245,854$0$5,895,682
82$10,539,061$167,407$0$6,417,008
83$11,520,701$82,265$0$6,990,139
84$12,599,527$0$0$7,620,372
85$13,785,360$0$0$8,316,185
86$15,089,020$0$0$9,105,101
87$16,522,426$0$0$9,972,617
88$18,098,711$0$0$10,926,692
89$19,832,343$0$0$11,976,094
90$21,739,264$0$0$13,130,484
91$23,837,037$0$0$14,400,506
92$26,145,015$0$0$15,797,887
93$28,684,520$0$0$17,335,549
94$31,479,045$0$0$19,027,731
95$34,554,475$0$0$20,890,121
96$37,939,334$0$0$22,940,003
97$41,665,047$0$0$25,196,424
98$45,766,244$0$0$27,680,372
99$50,281,080$0$0$30,414,970
100$55,251,601$0$0$33,425,700