Can I retire at age 50 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$67,632$67,030$66,442$65,868$65,308$62,692
2 years$33,481$32,858$32,253$31,667$31,099$28,496
3 years$22,099$21,473$20,870$20,290$19,731$17,223
4 years$16,409$15,785$15,188$14,618$14,072$11,679
5 years$12,996$12,376$11,787$11,228$10,697$8,425
6 years$10,721$10,106$9,525$8,979$8,464$6,313
7 years$9,097$8,487$7,916$7,382$6,884$4,854
8 years$7,880$7,275$6,713$6,193$5,711$3,800
9 years$6,933$6,334$5,782$5,275$4,809$3,014
10 years$6,177$5,583$5,041$4,547$4,098$2,415
11 years$5,558$4,970$4,438$3,957$3,524$1,950
12 years$5,043$4,461$3,938$3,471$3,054$1,584
13 years$4,607$4,031$3,519$3,064$2,663$1,293
14 years$4,234$3,664$3,162$2,720$2,335$1,059
15 years$3,911$3,348$2,855$2,426$2,055$870
16 years$3,628$3,071$2,588$2,172$1,817$717
17 years$3,380$2,829$2,355$1,952$1,611$592
18 years$3,159$2,614$2,150$1,759$1,432$489
19 years$2,961$2,422$1,968$1,589$1,277$405
20 years$2,784$2,251$1,806$1,439$1,140$336
21 years$2,623$2,097$1,661$1,306$1,020$279
22 years$2,477$1,957$1,531$1,188$915$231
23 years$2,345$1,831$1,414$1,082$821$192
24 years$2,223$1,715$1,308$987$738$160
25 years$2,112$1,610$1,211$901$664$133
26 years$2,009$1,513$1,123$824$598$110
27 years$1,914$1,424$1,043$754$539$92
28 years$1,825$1,341$970$691$487$77
29 years$1,743$1,266$902$634$439$64
30 years$1,667$1,195$840$581$397$53
31 years$1,596$1,130$783$534$359$44
32 years$1,529$1,069$731$491$325$37
33 years$1,467$1,012$683$451$294$31
34 years$1,408$960$638$415$266$26
35 years$1,353$910$596$382$241$21
36 years$1,301$864$558$352$218$18
37 years$1,252$820$522$324$198$15
38 years$1,205$780$489$299$179$12
39 years$1,161$741$458$276$163$10
40 years$1,120$705$429$254$148$9
41 years$1,080$671$403$235$134$7
42 years$1,043$639$378$216$121$6
43 years$1,007$609$354$200$110$5
44 years$973$581$333$185$100$4
45 years$941$554$312$170$91$3
46 years$910$528$293$157$82$3
47 years$880$504$276$145$75$2
48 years$852$481$259$134$68$2
49 years$825$460$243$124$62$2
50 years$800$439$229$115$56$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $819,000, adding $2,184 every year, while hoping to spend $41,528 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: 25/48/27 Blend
49$819,000$819,000$819,000$819,000
50$904,791$861,384$848,689$919,686
51$952,894$859,406$832,935$930,242
52$1,004,512$855,940$815,261$937,867
53$1,059,959$850,868$795,559$945,174
54$1,119,581$844,066$773,716$952,166
55$1,183,757$835,404$749,615$958,848
56$1,252,903$824,742$723,129$965,230
57$1,327,476$811,932$694,132$971,328
58$1,407,980$796,817$662,486$977,163
59$1,494,966$779,233$628,051$982,765
60$1,589,040$759,004$590,679$988,172
61$1,690,870$735,943$550,215$993,430
62$1,801,189$709,854$506,497$998,597
63$1,920,803$680,529$459,357$1,003,745
64$2,050,597$647,748$408,618$1,008,956
65$2,191,548$611,277$354,097$1,014,331
66$2,344,727$570,871$295,600$1,019,989
67$2,511,315$526,269$232,928$1,026,066
68$2,692,608$477,195$165,870$1,032,723
69$2,890,034$423,358$94,207$1,040,146
70$3,105,166$364,451$17,711$1,048,549
71$3,339,732$300,149$0$1,058,179
72$3,595,636$230,107$0$1,087,734
73$3,874,973$153,964$0$1,125,761
74$4,180,048$71,336$0$1,167,596
75$4,513,401$0$0$1,213,734
76$4,877,825$0$0$1,274,331
77$5,276,399$0$0$1,381,948
78$5,712,510$0$0$1,499,838
79$6,189,888$0$0$1,629,026
80$6,712,642$0$0$1,770,642
81$7,285,296$0$0$1,925,929
82$7,912,831$0$0$2,096,258
83$8,600,735$0$0$2,283,138
84$9,355,050$0$0$2,488,232
85$10,182,432$0$0$2,713,369
86$11,090,211$0$0$2,960,568
87$12,086,463$0$0$3,232,050
88$13,180,082$0$0$3,530,262
89$14,380,865$0$0$3,857,901
90$15,699,605$0$0$4,217,937
91$17,148,191$0$0$4,613,642
92$18,739,720$0$0$5,048,622
93$20,488,621$0$0$5,526,848
94$22,410,790$0$0$6,052,695
95$24,523,739$0$0$6,630,986
96$26,846,760$0$0$7,267,032
97$29,401,110$0$0$7,966,684
98$32,210,207$0$0$8,736,390
99$35,299,852$0$0$9,583,255
100$38,698,474$0$0$10,515,107