Can I retire at age 50 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$67,715$67,112$66,523$65,949$65,388$64,949
2 years$33,522$32,898$32,293$31,706$31,137$30,694
3 years$22,126$21,499$20,896$20,314$19,755$19,322
4 years$16,429$15,804$15,207$14,635$14,089$13,669
5 years$13,012$12,391$11,801$11,241$10,710$10,305
6 years$10,735$10,118$9,537$8,990$8,475$8,085
7 years$9,108$8,497$7,925$7,391$6,892$6,517
8 years$7,889$7,283$6,721$6,200$5,718$5,358
9 years$6,942$6,342$5,789$5,281$4,815$4,471
10 years$6,184$5,590$5,047$4,552$4,103$3,773
11 years$5,565$4,976$4,443$3,962$3,529$3,214
12 years$5,049$4,466$3,943$3,475$3,058$2,757
13 years$4,613$4,036$3,523$3,068$2,666$2,380
14 years$4,239$3,669$3,165$2,723$2,337$2,065
15 years$3,916$3,352$2,858$2,429$2,058$1,799
16 years$3,633$3,075$2,591$2,175$1,819$1,573
17 years$3,384$2,832$2,358$1,954$1,613$1,380
18 years$3,162$2,617$2,152$1,761$1,434$1,213
19 years$2,965$2,425$1,970$1,591$1,278$1,069
20 years$2,787$2,254$1,808$1,441$1,142$944
21 years$2,626$2,099$1,663$1,308$1,022$835
22 years$2,480$1,960$1,533$1,189$916$740
23 years$2,348$1,833$1,416$1,083$822$656
24 years$2,226$1,717$1,309$988$739$583
25 years$2,114$1,611$1,212$902$665$518
26 years$2,011$1,515$1,125$825$599$461
27 years$1,916$1,425$1,044$755$540$410
28 years$1,828$1,343$971$692$487$366
29 years$1,746$1,267$903$634$440$326
30 years$1,669$1,197$841$582$398$291
31 years$1,598$1,131$784$535$359$260
32 years$1,531$1,070$732$491$325$232
33 years$1,468$1,014$683$452$294$207
34 years$1,410$961$639$416$266$185
35 years$1,354$911$597$383$241$165
36 years$1,302$865$558$352$219$148
37 years$1,253$821$523$325$198$132
38 years$1,207$781$489$299$180$118
39 years$1,163$742$459$276$163$106
40 years$1,121$706$430$255$148$95
41 years$1,082$672$403$235$134$85
42 years$1,044$640$378$217$122$76
43 years$1,008$610$355$200$110$68
44 years$974$581$333$185$100$61
45 years$942$555$313$171$91$54
46 years$911$529$294$158$83$49
47 years$882$505$276$146$75$44
48 years$853$482$259$135$68$39
49 years$826$460$244$124$62$35
50 years$801$440$229$115$56$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $820,000, adding $3,970 every year, while hoping to spend $22,706 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: 48/30/22 Blend
49$820,000$820,000$820,000$820,000
50$907,735$864,275$851,565$945,472
51$976,165$882,466$855,933$990,394
52$1,050,814$900,786$859,687$1,036,553
53$1,132,292$919,220$862,782$1,086,212
54$1,221,271$937,747$865,170$1,139,710
55$1,318,491$956,347$866,804$1,197,419
56$1,424,765$974,996$867,630$1,259,752
57$1,540,991$993,671$867,596$1,327,163
58$1,668,156$1,012,344$866,643$1,400,153
59$1,807,345$1,030,987$864,713$1,479,274
60$1,959,757$1,049,567$861,744$1,565,135
61$2,126,708$1,068,052$857,669$1,658,408
62$2,309,651$1,086,406$852,419$1,759,833
63$2,510,184$1,104,588$845,923$1,870,228
64$2,730,067$1,122,557$838,106$1,990,493
65$2,971,239$1,140,267$828,888$2,121,622
66$3,235,835$1,157,671$818,186$2,264,710
67$3,526,209$1,174,715$805,914$2,420,966
68$3,844,951$1,191,345$791,980$2,591,722
69$4,194,916$1,207,500$776,291$2,778,447
70$4,579,246$1,223,117$758,746$2,982,763
71$5,001,407$1,238,127$739,242$3,206,455
72$5,465,213$1,252,458$717,669$3,451,495
73$5,974,868$1,266,031$693,913$3,720,056
74$6,535,001$1,278,764$667,857$4,014,534
75$7,150,716$1,290,567$639,374$4,337,571
76$7,827,631$1,301,347$608,335$4,692,081
77$8,571,939$1,311,003$574,604$5,081,277
78$9,390,462$1,319,428$538,039$5,508,701
79$10,290,716$1,326,507$498,491$5,978,260
80$11,280,983$1,332,119$455,804$6,494,261
81$12,370,386$1,336,136$409,816$7,061,452
82$13,568,979$1,338,420$360,358$7,685,071
83$14,887,838$1,338,826$307,253$8,370,889
84$16,339,167$1,337,198$250,316$9,125,272
85$17,936,414$1,333,373$189,354$9,955,237
86$19,694,396$1,327,176$124,165$10,868,522
87$21,629,439$1,318,422$54,539$11,873,657
88$23,759,532$1,306,915$0$12,980,045
89$26,104,497$1,292,446$0$14,202,694
90$28,686,176$1,274,796$0$15,562,357
91$31,528,634$1,253,730$0$17,058,876
92$34,658,393$1,229,000$0$18,706,199
93$38,104,672$1,200,345$0$20,519,701
94$41,899,673$1,167,486$0$22,516,326
95$46,078,875$1,130,129$0$24,714,749
96$50,681,378$1,087,962$0$27,135,554
97$55,750,263$1,040,657$0$29,801,424
98$61,333,006$987,865$0$32,737,362
99$67,481,918$929,216$0$35,970,923
100$74,254,648$864,322$0$39,532,477