Can I retire at age 50 with 822,000?

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 $822,000?

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$67,880$67,275$66,685$66,110$65,547$65,271
2 years$33,604$32,978$32,372$31,783$31,213$30,934
3 years$22,180$21,552$20,947$20,364$19,803$19,530
4 years$16,469$15,843$15,244$14,671$14,124$13,859
5 years$13,044$12,421$11,830$11,269$10,737$10,481
6 years$10,761$10,143$9,560$9,012$8,495$8,249
7 years$9,131$8,518$7,945$7,409$6,909$6,672
8 years$7,909$7,301$6,738$6,215$5,732$5,504
9 years$6,959$6,357$5,803$5,294$4,827$4,608
10 years$6,199$5,603$5,059$4,564$4,113$3,903
11 years$5,578$4,988$4,454$3,972$3,537$3,337
12 years$5,061$4,477$3,953$3,484$3,065$2,874
13 years$4,624$4,046$3,532$3,076$2,673$2,490
14 years$4,249$3,678$3,173$2,730$2,343$2,169
15 years$3,925$3,360$2,865$2,435$2,063$1,897
16 years$3,642$3,083$2,598$2,180$1,823$1,666
17 years$3,392$2,839$2,364$1,959$1,617$1,467
18 years$3,170$2,623$2,158$1,765$1,437$1,295
19 years$2,972$2,431$1,975$1,595$1,281$1,146
20 years$2,794$2,259$1,813$1,445$1,144$1,017
21 years$2,633$2,104$1,667$1,311$1,024$903
22 years$2,487$1,964$1,537$1,192$918$804
23 years$2,353$1,837$1,419$1,086$824$716
24 years$2,231$1,721$1,312$990$741$639
25 years$2,119$1,615$1,215$904$666$570
26 years$2,016$1,518$1,127$827$600$510
27 years$1,921$1,429$1,047$757$541$456
28 years$1,832$1,346$973$693$488$408
29 years$1,750$1,270$906$636$441$366
30 years$1,673$1,200$843$584$398$328
31 years$1,602$1,134$786$536$360$294
32 years$1,535$1,073$734$493$326$264
33 years$1,472$1,016$685$453$295$237
34 years$1,413$963$640$417$267$213
35 years$1,358$913$598$384$242$191
36 years$1,306$867$560$353$219$172
37 years$1,256$823$524$326$199$154
38 years$1,210$783$491$300$180$139
39 years$1,166$744$460$277$163$125
40 years$1,124$708$431$255$148$112
41 years$1,084$674$404$235$134$101
42 years$1,047$642$379$217$122$91
43 years$1,011$612$356$201$111$82
44 years$977$583$334$185$100$74
45 years$944$556$313$171$91$66
46 years$913$530$294$158$83$60
47 years$884$506$277$146$75$54
48 years$855$483$260$135$68$48
49 years$828$461$244$125$62$43
50 years$803$441$230$115$56$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $822,000, adding $2,395 every year, while hoping to spend $46,642 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: 46/28/26 Blend
49$822,000$822,000$822,000$822,000
50$908,314$864,748$852,007$943,208
51$951,336$857,494$830,923$960,833
52$997,182$848,322$807,569$975,212
53$1,046,092$837,087$781,820$989,899
54$1,098,328$823,638$753,545$1,004,946
55$1,154,176$807,815$722,608$1,020,414
56$1,213,951$789,447$688,864$1,036,376
57$1,277,997$768,354$652,164$1,052,912
58$1,346,693$744,343$612,352$1,070,116
59$1,420,454$717,214$569,264$1,088,095
60$1,499,735$686,753$522,729$1,106,971
61$1,585,036$652,732$472,569$1,126,884
62$1,676,907$614,912$418,596$1,147,991
63$1,775,949$573,040$360,617$1,170,472
64$1,882,825$526,849$298,427$1,194,529
65$1,998,263$476,055$231,815$1,220,390
66$2,123,063$420,358$160,557$1,248,315
67$2,258,103$359,443$84,424$1,278,592
68$2,404,350$292,976$3,172$1,311,549
69$2,562,865$220,604$0$1,347,554
70$2,734,817$141,953$0$1,410,193
71$2,921,490$56,630$0$1,479,198
72$3,124,297$0$0$1,554,283
73$3,344,791$0$0$1,647,129
74$3,584,684$0$0$1,767,211
75$3,845,855$0$0$1,898,030
76$4,130,375$0$0$2,040,637
77$4,440,521$0$0$2,196,183
78$4,778,802$0$0$2,365,937
79$5,147,975$0$0$2,551,298
80$5,551,079$0$0$2,753,802
81$5,991,456$0$0$2,975,144
82$6,472,789$0$0$3,217,186
83$6,999,129$0$0$3,481,982
84$7,574,938$0$0$3,771,792
85$8,205,129$0$0$4,089,104
86$8,895,112$0$0$4,436,657
87$9,650,846$0$0$4,817,472
88$10,478,890$0$0$5,234,869
89$11,386,469$0$0$5,692,511
90$12,381,541$0$0$6,194,428
91$13,472,871$0$0$6,745,062
92$14,670,112$0$0$7,349,302
93$15,983,896$0$0$8,012,536
94$17,425,935$0$0$8,740,699
95$19,009,130$0$0$9,540,327
96$20,747,692$0$0$10,418,622
97$22,657,276$0$0$11,383,516
98$24,755,127$0$0$12,443,748
99$27,060,243$0$0$13,608,947
100$29,593,554$0$0$14,889,717