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%18.7%
1 years$67,715$67,112$66,523$65,949$65,388$63,093
2 years$33,522$32,898$32,293$31,706$31,137$28,849
3 years$22,126$21,499$20,896$20,314$19,755$17,545
4 years$16,429$15,804$15,207$14,635$14,089$11,976
5 years$13,012$12,391$11,801$11,241$10,710$8,698
6 years$10,735$10,118$9,537$8,990$8,475$6,565
7 years$9,108$8,497$7,925$7,391$6,892$5,085
8 years$7,889$7,283$6,721$6,200$5,718$4,012
9 years$6,942$6,342$5,789$5,281$4,815$3,208
10 years$6,184$5,590$5,047$4,552$4,103$2,591
11 years$5,565$4,976$4,443$3,962$3,529$2,110
12 years$5,049$4,466$3,943$3,475$3,058$1,729
13 years$4,613$4,036$3,523$3,068$2,666$1,424
14 years$4,239$3,669$3,165$2,723$2,337$1,177
15 years$3,916$3,352$2,858$2,429$2,058$976
16 years$3,633$3,075$2,591$2,175$1,819$812
17 years$3,384$2,832$2,358$1,954$1,613$677
18 years$3,162$2,617$2,152$1,761$1,434$565
19 years$2,965$2,425$1,970$1,591$1,278$472
20 years$2,787$2,254$1,808$1,441$1,142$395
21 years$2,626$2,099$1,663$1,308$1,022$331
22 years$2,480$1,960$1,533$1,189$916$278
23 years$2,348$1,833$1,416$1,083$822$233
24 years$2,226$1,717$1,309$988$739$196
25 years$2,114$1,611$1,212$902$665$165
26 years$2,011$1,515$1,125$825$599$138
27 years$1,916$1,425$1,044$755$540$116
28 years$1,828$1,343$971$692$487$98
29 years$1,746$1,267$903$634$440$82
30 years$1,669$1,197$841$582$398$69
31 years$1,598$1,131$784$535$359$58
32 years$1,531$1,070$732$491$325$49
33 years$1,468$1,014$683$452$294$41
34 years$1,410$961$639$416$266$35
35 years$1,354$911$597$383$241$29
36 years$1,302$865$558$352$219$25
37 years$1,253$821$523$325$198$21
38 years$1,207$781$489$299$180$18
39 years$1,163$742$459$276$163$15
40 years$1,121$706$430$255$148$12
41 years$1,082$672$403$235$134$10
42 years$1,044$640$378$217$122$9
43 years$1,008$610$355$200$110$7
44 years$974$581$333$185$100$6
45 years$942$555$313$171$91$5
46 years$911$529$294$158$83$4
47 years$882$505$276$146$75$4
48 years$853$482$259$135$68$3
49 years$826$460$244$124$62$3
50 years$801$440$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 $820,000, adding $3,042 every year, while hoping to spend $50,997 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: 50/40/10 Blend
49$820,000$820,000$820,000$820,000
50$906,778$863,318$850,608$949,561
51$945,009$851,360$824,843$967,191
52$985,430$837,107$796,505$980,680
53$1,028,211$820,393$765,456$994,160
54$1,073,538$801,041$731,547$1,007,645
55$1,121,611$778,864$694,627$1,021,152
56$1,172,654$753,667$654,535$1,034,702
57$1,226,906$725,238$611,104$1,048,326
58$1,284,634$693,358$564,159$1,062,058
59$1,346,126$657,793$513,518$1,075,940
60$1,411,700$618,294$458,990$1,090,024
61$1,481,703$574,600$400,376$1,104,371
62$1,556,516$526,434$337,467$1,119,053
63$1,636,555$473,504$270,047$1,134,155
64$1,722,279$415,501$197,889$1,149,777
65$1,814,188$352,097$120,755$1,166,032
66$1,912,834$282,948$38,399$1,183,054
67$2,018,820$207,689$0$1,200,997
68$2,132,809$125,936$0$1,225,318
69$2,255,529$37,280$0$1,255,651
70$2,387,779$0$0$1,288,157
71$2,530,438$0$0$1,348,970
72$2,684,470$0$0$1,432,415
73$2,850,935$0$0$1,522,665
74$3,030,998$0$0$1,620,361
75$3,225,939$0$0$1,726,207
76$3,437,167$0$0$1,840,978
77$3,666,228$0$0$1,965,524
78$3,914,825$0$0$2,100,783
79$4,184,830$0$0$2,247,783
80$4,478,303$0$0$2,407,657
81$4,797,508$0$0$2,581,653
82$5,144,938$0$0$2,771,141
83$5,523,337$0$0$2,977,631
84$5,935,720$0$0$3,202,784
85$6,385,410$0$0$3,448,428
86$6,876,063$0$0$3,716,574
87$7,411,701$0$0$4,009,439
88$7,996,754$0$0$4,329,459
89$8,636,098$0$0$4,679,320
90$9,335,101$0$0$5,061,977
91$10,099,672$0$0$5,480,683
92$10,936,321$0$0$5,939,023
93$11,852,212$0$0$6,440,942
94$12,855,236$0$0$6,990,785
95$13,954,082$0$0$7,593,337
96$15,158,320$0$0$8,253,869
97$16,478,490$0$0$8,978,184
98$17,926,199$0$0$9,772,675
99$19,514,232$0$0$10,644,384
100$21,256,670$0$0$11,601,067