Can I retire at age 50 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$68,128$67,521$66,929$66,351$65,787$64,301
2 years$33,727$33,098$32,490$31,899$31,327$29,838
3 years$22,261$21,630$21,023$20,438$19,875$18,429
4 years$16,529$15,900$15,299$14,725$14,175$12,784
5 years$13,091$12,466$11,873$11,310$10,776$9,443
6 years$10,800$10,180$9,595$9,045$8,526$7,253
7 years$9,164$8,549$7,974$7,436$6,934$5,721
8 years$7,938$7,328$6,762$6,238$5,753$4,599
9 years$6,984$6,380$5,824$5,313$4,845$3,750
10 years$6,222$5,624$5,078$4,580$4,128$3,090
11 years$5,599$5,007$4,470$3,986$3,550$2,569
12 years$5,080$4,494$3,967$3,496$3,076$2,150
13 years$4,641$4,061$3,545$3,087$2,683$1,809
14 years$4,265$3,691$3,185$2,740$2,352$1,529
15 years$3,940$3,372$2,875$2,444$2,071$1,297
16 years$3,655$3,094$2,607$2,188$1,830$1,104
17 years$3,404$2,849$2,372$1,966$1,623$942
18 years$3,182$2,633$2,166$1,772$1,443$805
19 years$2,983$2,440$1,982$1,601$1,286$690
20 years$2,804$2,267$1,819$1,450$1,149$591
21 years$2,642$2,112$1,674$1,316$1,028$508
22 years$2,496$1,972$1,542$1,196$921$437
23 years$2,362$1,844$1,424$1,090$827$376
24 years$2,239$1,728$1,317$994$743$324
25 years$2,127$1,621$1,220$908$669$279
26 years$2,023$1,524$1,131$830$603$241
27 years$1,928$1,434$1,051$760$543$208
28 years$1,839$1,351$977$696$490$179
29 years$1,756$1,275$909$638$443$155
30 years$1,679$1,204$847$586$400$134
31 years$1,608$1,138$789$538$362$116
32 years$1,540$1,077$736$494$327$100
33 years$1,477$1,020$688$455$296$87
34 years$1,418$967$642$418$268$75
35 years$1,363$917$601$385$243$65
36 years$1,310$870$562$355$220$56
37 years$1,261$826$526$327$199$48
38 years$1,214$785$492$301$181$42
39 years$1,170$747$461$278$164$36
40 years$1,128$711$432$256$149$31
41 years$1,088$676$406$236$135$27
42 years$1,050$644$380$218$122$24
43 years$1,014$614$357$201$111$20
44 years$980$585$335$186$101$18
45 years$948$558$315$172$92$15
46 years$917$532$295$159$83$13
47 years$887$508$278$147$75$11
48 years$859$485$261$135$69$10
49 years$831$463$245$125$62$9
50 years$805$442$231$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $825,000, adding $6,928 every year, while hoping to spend $56,564 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: 39/39/22 Blend
49$825,000$825,000$825,000$825,000
50$916,296$872,571$859,784$945,799
51$949,575$855,144$828,403$950,298
52$984,352$834,966$794,075$949,310
53$1,020,721$811,845$756,641$947,100
54$1,058,782$785,573$715,937$943,588
55$1,098,646$755,933$671,788$938,695
56$1,140,429$722,695$624,014$932,334
57$1,184,260$685,615$572,426$924,419
58$1,230,278$644,433$516,826$914,858
59$1,278,635$598,879$457,008$903,560
60$1,329,494$548,663$392,757$890,426
61$1,383,035$493,480$323,847$875,359
62$1,439,452$433,008$250,043$858,257
63$1,498,957$366,906$171,100$839,016
64$1,561,781$294,815$86,762$817,529
65$1,628,176$216,354$0$793,690
66$1,698,416$131,122$0$768,149
67$1,772,803$38,695$0$761,819
68$1,851,662$0$0$754,270
69$1,935,354$0$0$771,802
70$2,024,269$0$0$808,127
71$2,118,836$0$0$846,821
72$2,219,523$0$0$888,084
73$2,326,845$0$0$932,135
74$2,441,363$0$0$979,214
75$2,563,692$0$0$1,029,583
76$2,694,509$0$0$1,083,530
77$2,834,552$0$0$1,141,370
78$2,984,634$0$0$1,203,451
79$3,145,644$0$0$1,270,153
80$3,318,560$0$0$1,341,892
81$3,504,453$0$0$1,419,128
82$3,704,499$0$0$1,502,363
83$3,919,993$0$0$1,592,150
84$4,152,352$0$0$1,689,097
85$4,403,136$0$0$1,793,871
86$4,674,058$0$0$1,907,205
87$4,967,002$0$0$2,029,905
88$5,284,035$0$0$2,162,858
89$5,627,433$0$0$2,307,039
90$5,999,698$0$0$2,463,517
91$6,403,578$0$0$2,633,474
92$6,842,100$0$0$2,818,204
93$7,318,590$0$0$3,019,134
94$7,836,708$0$0$3,237,834
95$8,400,479$0$0$3,476,030
96$9,014,335$0$0$3,735,621
97$9,683,150$0$0$4,018,700
98$10,412,288$0$0$4,327,567
99$11,207,654$0$0$4,664,756
100$12,075,748$0$0$5,033,054