Can I retire at age 50 with 819,000?

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 $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%11%
1 years$67,632$67,030$66,442$65,868$65,308$65,033
2 years$33,481$32,858$32,253$31,667$31,099$30,821
3 years$22,099$21,473$20,870$20,290$19,731$19,459
4 years$16,409$15,785$15,188$14,618$14,072$13,808
5 years$12,996$12,376$11,787$11,228$10,697$10,442
6 years$10,721$10,106$9,525$8,979$8,464$8,219
7 years$9,097$8,487$7,916$7,382$6,884$6,647
8 years$7,880$7,275$6,713$6,193$5,711$5,484
9 years$6,933$6,334$5,782$5,275$4,809$4,591
10 years$6,177$5,583$5,041$4,547$4,098$3,889
11 years$5,558$4,970$4,438$3,957$3,524$3,325
12 years$5,043$4,461$3,938$3,471$3,054$2,863
13 years$4,607$4,031$3,519$3,064$2,663$2,481
14 years$4,234$3,664$3,162$2,720$2,335$2,161
15 years$3,911$3,348$2,855$2,426$2,055$1,890
16 years$3,628$3,071$2,588$2,172$1,817$1,659
17 years$3,380$2,829$2,355$1,952$1,611$1,461
18 years$3,159$2,614$2,150$1,759$1,432$1,290
19 years$2,961$2,422$1,968$1,589$1,277$1,142
20 years$2,784$2,251$1,806$1,439$1,140$1,013
21 years$2,623$2,097$1,661$1,306$1,020$900
22 years$2,477$1,957$1,531$1,188$915$801
23 years$2,345$1,831$1,414$1,082$821$713
24 years$2,223$1,715$1,308$987$738$636
25 years$2,112$1,610$1,211$901$664$568
26 years$2,009$1,513$1,123$824$598$508
27 years$1,914$1,424$1,043$754$539$455
28 years$1,825$1,341$970$691$487$407
29 years$1,743$1,266$902$634$439$365
30 years$1,667$1,195$840$581$397$327
31 years$1,596$1,130$783$534$359$293
32 years$1,529$1,069$731$491$325$263
33 years$1,467$1,012$683$451$294$236
34 years$1,408$960$638$415$266$212
35 years$1,353$910$596$382$241$190
36 years$1,301$864$558$352$218$171
37 years$1,252$820$522$324$198$154
38 years$1,205$780$489$299$179$138
39 years$1,161$741$458$276$163$124
40 years$1,120$705$429$254$148$112
41 years$1,080$671$403$235$134$101
42 years$1,043$639$378$216$121$90
43 years$1,007$609$354$200$110$81
44 years$973$581$333$185$100$73
45 years$941$554$312$170$91$66
46 years$910$528$293$157$82$59
47 years$880$504$276$145$75$53
48 years$852$481$259$134$68$48
49 years$825$460$243$124$62$43
50 years$800$439$229$115$56$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $819,000, adding $5,882 every year, while hoping to spend $25,734 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: 48/26/26 Blend
49$819,000$819,000$819,000$819,000
50$908,605$865,198$852,504$945,239
51$973,902$880,212$853,682$986,545
52$1,044,997$895,099$854,037$1,028,368
53$1,122,454$909,826$853,514$1,073,278
54$1,206,893$924,357$852,056$1,121,579
55$1,298,999$938,653$849,603$1,173,606
56$1,399,524$952,674$846,091$1,229,729
57$1,509,294$966,374$841,454$1,290,355
58$1,629,223$979,707$835,623$1,355,934
59$1,760,312$992,621$828,525$1,426,966
60$1,903,667$1,005,063$820,084$1,503,998
61$2,060,504$1,016,974$810,220$1,587,637
62$2,232,163$1,028,293$798,850$1,678,552
63$2,420,117$1,038,953$785,885$1,777,481
64$2,625,992$1,048,884$771,235$1,885,241
65$2,851,574$1,058,011$754,803$2,002,730
66$3,098,835$1,066,254$736,489$2,130,942
67$3,369,943$1,073,527$716,188$2,270,972
68$3,667,288$1,079,740$693,790$2,424,031
69$3,993,500$1,084,796$669,181$2,591,454
70$4,351,478$1,088,593$642,241$2,774,713
71$4,744,416$1,091,021$612,842$2,975,433
72$5,175,829$1,091,964$580,856$3,195,408
73$5,649,593$1,091,299$546,143$3,436,618
74$6,169,974$1,088,895$508,561$3,701,244
75$6,741,673$1,084,613$467,960$3,991,697
76$7,369,870$1,078,305$424,183$4,310,632
77$8,060,271$1,069,816$377,067$4,660,982
78$8,819,161$1,058,979$326,441$5,045,981
79$9,653,465$1,045,619$272,126$5,469,196
80$10,570,812$1,029,548$213,937$5,934,562
81$11,579,609$1,010,570$151,678$6,446,418
82$12,689,116$988,475$85,146$7,009,553
83$13,909,537$963,041$14,129$7,629,246
84$15,252,114$934,034$0$8,311,321
85$16,729,234$901,206$0$9,079,305
86$18,354,544$864,294$0$9,928,470
87$20,143,082$823,019$0$10,862,772
88$22,111,417$777,087$0$11,890,892
89$24,277,804$726,187$0$13,022,404
90$26,662,361$669,991$0$14,267,856
91$29,287,251$608,150$0$15,638,878
92$32,176,898$540,297$0$17,148,288
93$35,358,213$466,042$0$18,810,214
94$38,860,849$384,977$0$20,640,229
95$42,717,481$296,666$0$22,655,499
96$46,964,113$200,652$0$24,874,941
97$51,640,420$96,451$0$27,319,410
98$56,790,118$0$0$30,011,890
99$62,461,379$0$0$32,982,420
100$68,707,288$0$0$36,284,455