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%19.6%
1 years$67,632$67,030$66,442$65,868$65,308$62,791
2 years$33,481$32,858$32,253$31,667$31,099$28,594
3 years$22,099$21,473$20,870$20,290$19,731$17,315
4 years$16,409$15,785$15,188$14,618$14,072$11,765
5 years$12,996$12,376$11,787$11,228$10,697$8,505
6 years$10,721$10,106$9,525$8,979$8,464$6,387
7 years$9,097$8,487$7,916$7,382$6,884$4,922
8 years$7,880$7,275$6,713$6,193$5,711$3,862
9 years$6,933$6,334$5,782$5,275$4,809$3,071
10 years$6,177$5,583$5,041$4,547$4,098$2,467
11 years$5,558$4,970$4,438$3,957$3,524$1,997
12 years$5,043$4,461$3,938$3,471$3,054$1,627
13 years$4,607$4,031$3,519$3,064$2,663$1,331
14 years$4,234$3,664$3,162$2,720$2,335$1,094
15 years$3,911$3,348$2,855$2,426$2,055$901
16 years$3,628$3,071$2,588$2,172$1,817$745
17 years$3,380$2,829$2,355$1,952$1,611$617
18 years$3,159$2,614$2,150$1,759$1,432$511
19 years$2,961$2,422$1,968$1,589$1,277$425
20 years$2,784$2,251$1,806$1,439$1,140$353
21 years$2,623$2,097$1,661$1,306$1,020$294
22 years$2,477$1,957$1,531$1,188$915$245
23 years$2,345$1,831$1,414$1,082$821$204
24 years$2,223$1,715$1,308$987$738$170
25 years$2,112$1,610$1,211$901$664$142
26 years$2,009$1,513$1,123$824$598$118
27 years$1,914$1,424$1,043$754$539$99
28 years$1,825$1,341$970$691$487$83
29 years$1,743$1,266$902$634$439$69
30 years$1,667$1,195$840$581$397$58
31 years$1,596$1,130$783$534$359$48
32 years$1,529$1,069$731$491$325$40
33 years$1,467$1,012$683$451$294$34
34 years$1,408$960$638$415$266$28
35 years$1,353$910$596$382$241$23
36 years$1,301$864$558$352$218$20
37 years$1,252$820$522$324$198$16
38 years$1,205$780$489$299$179$14
39 years$1,161$741$458$276$163$11
40 years$1,120$705$429$254$148$10
41 years$1,080$671$403$235$134$8
42 years$1,043$639$378$216$121$7
43 years$1,007$609$354$200$110$6
44 years$973$581$333$185$100$5
45 years$941$554$312$170$91$4
46 years$910$528$293$157$82$3
47 years$880$504$276$145$75$3
48 years$852$481$259$134$68$2
49 years$825$460$243$124$62$2
50 years$800$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 $819,000, adding $2,759 every year, while hoping to spend $50,630 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: 70/10/20 Blend
49$819,000$819,000$819,000$819,000
50$905,384$861,977$849,282$964,145
51$943,863$850,344$823,863$992,061
52$984,570$836,444$795,896$1,016,364
53$1,027,679$820,112$765,241$1,041,714
54$1,073,380$801,175$731,754$1,068,209
55$1,121,880$779,448$695,283$1,095,959
56$1,173,405$754,735$655,669$1,125,085
57$1,228,205$726,829$612,746$1,155,722
58$1,286,550$695,512$566,342$1,188,022
59$1,348,739$660,552$516,274$1,222,153
60$1,415,095$621,705$462,355$1,258,301
61$1,485,977$578,710$404,386$1,296,673
62$1,561,775$531,295$342,161$1,337,500
63$1,642,917$479,170$275,464$1,381,037
64$1,729,874$422,029$204,072$1,427,569
65$1,823,161$359,548$127,748$1,477,411
66$1,923,344$291,386$46,248$1,530,913
67$2,031,043$217,182$0$1,588,463
68$2,146,940$136,555$0$1,659,184
69$2,271,784$49,102$0$1,745,960
70$2,406,397$0$0$1,839,498
71$2,551,681$0$0$1,945,468
72$2,708,628$0$0$2,065,816
73$2,878,330$0$0$2,195,980
74$3,061,984$0$0$2,336,883
75$3,260,908$0$0$2,489,541
76$3,476,550$0$0$2,655,071
77$3,710,502$0$0$2,834,700
78$3,964,518$0$0$3,029,778
79$4,240,522$0$0$3,241,792
80$4,540,635$0$0$3,472,375
81$4,867,189$0$0$3,723,324
82$5,222,748$0$0$3,996,619
83$5,610,136$0$0$4,294,436
84$6,032,459$0$0$4,619,170
85$6,493,138$0$0$4,973,458
86$6,995,935$0$0$5,360,202
87$7,544,993$0$0$5,782,596
88$8,144,872$0$0$6,244,158
89$8,800,592$0$0$6,748,759
90$9,517,683$0$0$7,300,662
91$10,302,228$0$0$7,904,560
92$11,160,930$0$0$8,565,621
93$12,101,167$0$0$9,289,537
94$13,131,066$0$0$10,082,574
95$14,259,576$0$0$10,951,634
96$15,496,551$0$0$11,904,319
97$16,852,847$0$0$12,948,999
98$18,340,417$0$0$14,094,895
99$19,972,430$0$0$15,352,164
100$21,763,389$0$0$16,731,991