Can I retire at age 50 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$67,550$66,948$66,361$65,788$65,228$62,939
2 years$33,440$32,818$32,214$31,629$31,061$28,779
3 years$22,072$21,447$20,845$20,265$19,706$17,503
4 years$16,389$15,766$15,170$14,600$14,055$11,947
5 years$12,980$12,360$11,772$11,214$10,684$8,677
6 years$10,708$10,093$9,514$8,968$8,454$6,549
7 years$9,086$8,476$7,906$7,373$6,875$5,073
8 years$7,870$7,266$6,705$6,185$5,704$4,002
9 years$6,925$6,326$5,775$5,268$4,803$3,200
10 years$6,169$5,576$5,035$4,541$4,093$2,585
11 years$5,551$4,964$4,432$3,952$3,520$2,105
12 years$5,036$4,456$3,934$3,467$3,050$1,725
13 years$4,601$4,027$3,514$3,061$2,660$1,420
14 years$4,229$3,660$3,158$2,717$2,332$1,174
15 years$3,906$3,343$2,851$2,423$2,053$974
16 years$3,624$3,068$2,585$2,169$1,814$810
17 years$3,375$2,825$2,352$1,949$1,609$675
18 years$3,155$2,611$2,147$1,757$1,430$564
19 years$2,957$2,419$1,966$1,587$1,275$471
20 years$2,780$2,248$1,804$1,438$1,139$395
21 years$2,620$2,094$1,659$1,305$1,019$331
22 years$2,474$1,955$1,529$1,186$914$277
23 years$2,342$1,828$1,412$1,080$820$233
24 years$2,220$1,713$1,306$985$737$195
25 years$2,109$1,608$1,210$900$663$164
26 years$2,006$1,511$1,122$823$597$138
27 years$1,911$1,422$1,042$753$539$116
28 years$1,823$1,340$968$690$486$98
29 years$1,741$1,264$901$633$439$82
30 years$1,665$1,194$839$581$397$69
31 years$1,594$1,128$783$533$359$58
32 years$1,527$1,068$730$490$324$49
33 years$1,465$1,011$682$451$293$41
34 years$1,406$958$637$415$266$35
35 years$1,351$909$596$382$241$29
36 years$1,299$863$557$352$218$25
37 years$1,250$819$521$324$198$21
38 years$1,204$779$488$299$179$17
39 years$1,160$741$457$275$162$15
40 years$1,118$705$429$254$147$12
41 years$1,079$671$402$234$134$10
42 years$1,041$639$377$216$121$9
43 years$1,006$609$354$200$110$7
44 years$972$580$332$184$100$6
45 years$940$553$312$170$91$5
46 years$909$528$293$157$82$4
47 years$879$504$275$145$75$4
48 years$851$481$259$134$68$3
49 years$824$459$243$124$62$3
50 years$799$439$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $818,000, adding $2,140 every year, while hoping to spend $28,791 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: 42/40/18 Blend
49$818,000$818,000$818,000$818,000
50$903,643$860,289$847,610$936,750
51$965,182$871,810$845,372$971,898
52$1,032,032$882,931$842,094$1,006,961
53$1,104,705$893,600$837,710$1,044,327
54$1,183,765$903,766$832,153$1,084,222
55$1,269,829$913,372$825,351$1,126,893
56$1,363,580$922,355$817,228$1,172,618
57$1,465,767$930,652$807,706$1,221,701
58$1,577,214$938,193$796,704$1,274,480
59$1,698,830$944,904$784,133$1,331,329
60$1,831,614$950,708$769,905$1,392,660
61$1,976,666$955,520$753,925$1,458,929
62$2,135,198$959,253$736,093$1,530,643
63$2,308,543$961,811$716,307$1,608,360
64$2,498,169$963,094$694,458$1,692,696
65$2,705,693$962,996$670,433$1,784,335
66$2,932,895$961,404$644,113$1,884,030
67$3,181,734$958,197$615,375$1,992,617
68$3,454,371$953,248$584,090$2,111,016
69$3,753,181$946,422$550,122$2,240,246
70$4,080,784$937,575$513,329$2,381,432
71$4,440,062$926,555$473,564$2,535,818
72$4,834,193$913,201$430,673$2,704,778
73$5,266,674$897,341$384,494$2,889,829
74$5,741,360$878,795$334,859$3,092,648
75$6,262,494$857,371$281,592$3,315,086
76$6,834,752$832,867$224,509$3,559,187
77$7,463,286$805,066$163,419$3,827,211
78$8,153,768$773,742$98,121$4,121,651
79$8,912,451$738,653$28,407$4,445,261
80$9,746,219$699,546$0$4,801,079
81$10,662,660$656,150$0$5,201,295
82$11,670,132$608,181$0$5,647,178
83$12,777,841$555,338$0$6,137,400
84$13,995,934$497,303$0$6,676,525
85$15,335,587$433,738$0$7,269,582
86$16,809,114$364,289$0$7,922,123
87$18,430,085$288,580$0$8,640,270
88$20,213,447$206,214$0$9,430,774
89$22,175,672$116,772$0$10,301,083
90$24,334,908$19,811$0$11,259,410
91$26,711,152$0$0$12,314,815
92$29,326,436$0$0$13,514,761
93$32,205,038$0$0$14,845,245
94$35,373,708$0$0$16,309,925
95$38,861,920$0$0$17,922,442
96$42,702,152$0$0$19,697,827
97$46,930,193$0$0$21,652,640
98$51,585,474$0$0$23,805,132
99$56,711,450$0$0$26,175,411
100$62,355,998$0$0$28,785,637