Can I retire at age 50 with 820,000?

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 $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%17.9%
1 years$67,715$67,112$66,523$65,949$65,388$63,295
2 years$33,522$32,898$32,293$31,706$31,137$29,048
3 years$22,126$21,499$20,896$20,314$19,755$17,734
4 years$16,429$15,804$15,207$14,635$14,089$12,154
5 years$13,012$12,391$11,801$11,241$10,710$8,865
6 years$10,735$10,118$9,537$8,990$8,475$6,720
7 years$9,108$8,497$7,925$7,391$6,892$5,229
8 years$7,889$7,283$6,721$6,200$5,718$4,145
9 years$6,942$6,342$5,789$5,281$4,815$3,331
10 years$6,184$5,590$5,047$4,552$4,103$2,704
11 years$5,565$4,976$4,443$3,962$3,529$2,213
12 years$5,049$4,466$3,943$3,475$3,058$1,823
13 years$4,613$4,036$3,523$3,068$2,666$1,510
14 years$4,239$3,669$3,165$2,723$2,337$1,255
15 years$3,916$3,352$2,858$2,429$2,058$1,047
16 years$3,633$3,075$2,591$2,175$1,819$876
17 years$3,384$2,832$2,358$1,954$1,613$734
18 years$3,162$2,617$2,152$1,761$1,434$617
19 years$2,965$2,425$1,970$1,591$1,278$519
20 years$2,787$2,254$1,808$1,441$1,142$437
21 years$2,626$2,099$1,663$1,308$1,022$368
22 years$2,480$1,960$1,533$1,189$916$311
23 years$2,348$1,833$1,416$1,083$822$263
24 years$2,226$1,717$1,309$988$739$222
25 years$2,114$1,611$1,212$902$665$188
26 years$2,011$1,515$1,125$825$599$159
27 years$1,916$1,425$1,044$755$540$134
28 years$1,828$1,343$971$692$487$114
29 years$1,746$1,267$903$634$440$96
30 years$1,669$1,197$841$582$398$82
31 years$1,598$1,131$784$535$359$69
32 years$1,531$1,070$732$491$325$59
33 years$1,468$1,014$683$452$294$50
34 years$1,410$961$639$416$266$42
35 years$1,354$911$597$383$241$36
36 years$1,302$865$558$352$219$30
37 years$1,253$821$523$325$198$26
38 years$1,207$781$489$299$180$22
39 years$1,163$742$459$276$163$18
40 years$1,121$706$430$255$148$16
41 years$1,082$672$403$235$134$13
42 years$1,044$640$378$217$122$11
43 years$1,008$610$355$200$110$10
44 years$974$581$333$185$100$8
45 years$942$555$313$171$91$7
46 years$911$529$294$158$83$6
47 years$882$505$276$146$75$5
48 years$853$482$259$135$68$4
49 years$826$460$244$124$62$4
50 years$801$440$229$115$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $820,000, adding $6,471 every year, while hoping to spend $39,650 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: 59/11/30 Blend
49$820,000$820,000$820,000$820,000
50$910,315$866,855$854,145$956,218
51$960,980$867,143$840,571$988,679
52$1,015,483$866,117$825,214$1,019,337
53$1,074,176$863,670$807,972$1,051,973
54$1,137,441$859,689$788,738$1,086,790
55$1,205,700$854,054$767,402$1,124,016
56$1,279,418$846,639$743,846$1,163,900
57$1,359,103$837,309$717,949$1,206,721
58$1,445,315$825,921$689,584$1,252,787
59$1,538,670$812,324$658,618$1,302,439
60$1,639,844$796,357$624,911$1,356,056
61$1,749,581$777,851$588,318$1,414,057
62$1,868,698$756,626$548,687$1,476,905
63$1,998,097$732,492$505,860$1,545,115
64$2,138,766$705,248$459,669$1,619,257
65$2,291,795$674,680$409,943$1,699,958
66$2,458,381$640,562$356,499$1,787,917
67$2,639,843$602,657$299,149$1,883,905
68$2,837,631$560,711$237,694$1,988,774
69$3,053,342$514,459$171,930$2,103,468
70$3,288,734$463,617$101,640$2,229,030
71$3,545,739$407,889$26,600$2,366,615
72$3,826,489$346,960$0$2,517,496
73$4,133,325$280,496$0$2,700,205
74$4,468,830$208,146$0$2,909,379
75$4,835,845$129,539$0$3,138,298
76$5,237,497$44,283$0$3,388,951
77$5,677,233$0$0$3,663,529
78$6,158,845$0$0$3,970,263
79$6,686,512$0$0$4,312,267
80$7,264,834$0$0$4,687,172
81$7,898,878$0$0$5,098,272
82$8,594,224$0$0$5,549,194
83$9,357,021$0$0$6,043,933
84$10,194,037$0$0$6,586,891
85$11,112,732$0$0$7,182,914
86$12,121,318$0$0$7,837,342
87$13,228,846$0$0$8,556,058
88$14,445,282$0$0$9,345,541
89$15,781,609$0$0$10,212,929
90$17,249,923$0$0$11,166,086
91$18,863,550$0$0$12,213,676
92$20,637,172$0$0$13,365,243
93$22,586,964$0$0$14,631,301
94$24,730,747$0$0$16,023,435
95$27,088,152$0$0$17,554,409
96$29,680,812$0$0$19,238,284
97$32,532,557$0$0$21,090,555
98$35,669,645$0$0$23,128,291
99$39,121,008$0$0$25,370,301
100$42,918,521$0$0$27,837,308