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%18.9%
1 years$68,128$67,521$66,929$66,351$65,787$63,427
2 years$33,727$33,098$32,490$31,899$31,327$28,975
3 years$22,261$21,630$21,023$20,438$19,875$17,605
4 years$16,529$15,900$15,299$14,725$14,175$12,004
5 years$13,091$12,466$11,873$11,310$10,776$8,710
6 years$10,800$10,180$9,595$9,045$8,526$6,567
7 years$9,164$8,549$7,974$7,436$6,934$5,081
8 years$7,938$7,328$6,762$6,238$5,753$4,003
9 years$6,984$6,380$5,824$5,313$4,845$3,197
10 years$6,222$5,624$5,078$4,580$4,128$2,580
11 years$5,599$5,007$4,470$3,986$3,550$2,098
12 years$5,080$4,494$3,967$3,496$3,076$1,717
13 years$4,641$4,061$3,545$3,087$2,683$1,412
14 years$4,265$3,691$3,185$2,740$2,352$1,165
15 years$3,940$3,372$2,875$2,444$2,071$965
16 years$3,655$3,094$2,607$2,188$1,830$802
17 years$3,404$2,849$2,372$1,966$1,623$667
18 years$3,182$2,633$2,166$1,772$1,443$556
19 years$2,983$2,440$1,982$1,601$1,286$464
20 years$2,804$2,267$1,819$1,450$1,149$388
21 years$2,642$2,112$1,674$1,316$1,028$325
22 years$2,496$1,972$1,542$1,196$921$272
23 years$2,362$1,844$1,424$1,090$827$228
24 years$2,239$1,728$1,317$994$743$191
25 years$2,127$1,621$1,220$908$669$160
26 years$2,023$1,524$1,131$830$603$135
27 years$1,928$1,434$1,051$760$543$113
28 years$1,839$1,351$977$696$490$95
29 years$1,756$1,275$909$638$443$80
30 years$1,679$1,204$847$586$400$67
31 years$1,608$1,138$789$538$362$56
32 years$1,540$1,077$736$494$327$47
33 years$1,477$1,020$688$455$296$40
34 years$1,418$967$642$418$268$33
35 years$1,363$917$601$385$243$28
36 years$1,310$870$562$355$220$24
37 years$1,261$826$526$327$199$20
38 years$1,214$785$492$301$181$17
39 years$1,170$747$461$278$164$14
40 years$1,128$711$432$256$149$12
41 years$1,088$676$406$236$135$10
42 years$1,050$644$380$218$122$8
43 years$1,014$614$357$201$111$7
44 years$980$585$335$186$101$6
45 years$948$558$315$172$92$5
46 years$917$532$295$159$83$4
47 years$887$508$278$147$75$4
48 years$859$485$261$135$69$3
49 years$831$463$245$125$62$2
50 years$805$442$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $825,000, adding $3,022 every year, while hoping to spend $56,994 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: 69/21/10 Blend
49$825,000$825,000$825,000$825,000
50$912,267$868,542$855,755$973,181
51$944,677$850,460$823,781$995,894
52$978,483$829,581$788,827$1,013,548
53$1,013,767$805,708$750,731$1,031,346
54$1,050,617$778,634$709,326$1,049,294
55$1,089,129$748,136$664,438$1,067,396
56$1,129,407$713,982$615,883$1,085,663
57$1,171,563$675,923$563,472$1,104,104
58$1,215,717$633,699$507,003$1,122,734
59$1,262,002$587,032$446,270$1,141,571
60$1,310,561$535,631$381,054$1,160,636
61$1,361,547$479,185$311,128$1,179,955
62$1,415,128$417,369$236,254$1,199,561
63$1,471,488$349,838$156,186$1,219,490
64$1,530,826$276,225$70,664$1,239,787
65$1,593,357$196,147$0$1,260,504
66$1,659,317$109,196$0$1,283,900
67$1,728,964$14,943$0$1,316,036
68$1,802,577$0$0$1,349,478
69$1,880,462$0$0$1,404,472
70$1,962,954$0$0$1,466,397
71$2,050,416$0$0$1,532,076
72$2,143,247$0$0$1,601,812
73$2,241,883$0$0$1,675,935
74$2,346,801$0$0$1,754,807
75$2,458,522$0$0$1,838,823
76$2,577,618$0$0$1,928,418
77$2,704,714$0$0$2,024,065
78$2,840,495$0$0$2,126,285
79$2,985,713$0$0$2,235,648
80$3,141,191$0$0$2,352,780
81$3,307,832$0$0$2,478,365
82$3,486,627$0$0$2,613,157
83$3,678,663$0$0$2,757,980
84$3,885,133$0$0$2,913,741
85$4,107,348$0$0$3,081,435
86$4,346,745$0$0$3,262,154
87$4,604,905$0$0$3,457,098
88$4,883,563$0$0$3,667,586
89$5,184,626$0$0$3,895,067
90$5,510,191$0$0$4,141,132
91$5,862,560$0$0$4,407,532
92$6,244,266$0$0$4,696,191
93$6,658,094$0$0$5,009,225
94$7,107,105$0$0$5,348,960
95$7,594,666$0$0$5,717,955
96$8,124,481$0$0$6,119,025
97$8,700,626$0$0$6,555,265
98$9,327,581$0$0$7,030,083
99$10,010,280$0$0$7,547,228
100$10,754,150$0$0$8,110,823