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%13.5%
1 years$68,128$67,521$66,929$66,351$65,787$64,830
2 years$33,727$33,098$32,490$31,899$31,327$30,365
3 years$22,261$21,630$21,023$20,438$19,875$18,938
4 years$16,529$15,900$15,299$14,725$14,175$13,270
5 years$13,091$12,466$11,873$11,310$10,776$9,905
6 years$10,800$10,180$9,595$9,045$8,526$7,692
7 years$9,164$8,549$7,974$7,436$6,934$6,136
8 years$7,938$7,328$6,762$6,238$5,753$4,990
9 years$6,984$6,380$5,824$5,313$4,845$4,117
10 years$6,222$5,624$5,078$4,580$4,128$3,435
11 years$5,599$5,007$4,470$3,986$3,550$2,892
12 years$5,080$4,494$3,967$3,496$3,076$2,451
13 years$4,641$4,061$3,545$3,087$2,683$2,090
14 years$4,265$3,691$3,185$2,740$2,352$1,791
15 years$3,940$3,372$2,875$2,444$2,071$1,540
16 years$3,655$3,094$2,607$2,188$1,830$1,329
17 years$3,404$2,849$2,372$1,966$1,623$1,150
18 years$3,182$2,633$2,166$1,772$1,443$998
19 years$2,983$2,440$1,982$1,601$1,286$867
20 years$2,804$2,267$1,819$1,450$1,149$755
21 years$2,642$2,112$1,674$1,316$1,028$659
22 years$2,496$1,972$1,542$1,196$921$575
23 years$2,362$1,844$1,424$1,090$827$503
24 years$2,239$1,728$1,317$994$743$440
25 years$2,127$1,621$1,220$908$669$385
26 years$2,023$1,524$1,131$830$603$338
27 years$1,928$1,434$1,051$760$543$296
28 years$1,839$1,351$977$696$490$260
29 years$1,756$1,275$909$638$443$228
30 years$1,679$1,204$847$586$400$200
31 years$1,608$1,138$789$538$362$176
32 years$1,540$1,077$736$494$327$155
33 years$1,477$1,020$688$455$296$136
34 years$1,418$967$642$418$268$120
35 years$1,363$917$601$385$243$105
36 years$1,310$870$562$355$220$93
37 years$1,261$826$526$327$199$82
38 years$1,214$785$492$301$181$72
39 years$1,170$747$461$278$164$63
40 years$1,128$711$432$256$149$56
41 years$1,088$676$406$236$135$49
42 years$1,050$644$380$218$122$43
43 years$1,014$614$357$201$111$38
44 years$980$585$335$186$101$33
45 years$948$558$315$172$92$29
46 years$917$532$295$159$83$26
47 years$887$508$278$147$75$23
48 years$859$485$261$135$69$20
49 years$831$463$245$125$62$18
50 years$805$442$231$116$57$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $825,000, adding $3,759 every year, while hoping to spend $46,340 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: 70/9/21 Blend
49$825,000$825,000$825,000$825,000
50$913,027$869,302$856,515$971,953
51$956,851$862,593$835,903$1,005,057
52$1,003,591$854,001$813,047$1,035,469
53$1,053,497$843,387$787,823$1,067,623
54$1,106,840$830,600$760,103$1,101,685
55$1,163,920$815,481$729,748$1,137,843
56$1,225,064$797,864$696,619$1,176,302
57$1,290,632$777,570$660,566$1,217,290
58$1,361,016$754,411$621,435$1,261,060
59$1,436,649$728,187$579,063$1,307,891
60$1,518,007$698,687$533,281$1,358,094
61$1,605,610$665,689$483,912$1,412,011
62$1,700,031$628,957$430,772$1,470,021
63$1,801,898$588,239$373,667$1,532,545
64$1,911,902$543,274$312,395$1,600,045
65$2,030,802$493,780$246,746$1,673,037
66$2,159,432$439,464$176,501$1,752,087
67$2,298,710$380,013$101,429$1,837,825
68$2,449,643$315,098$21,291$1,930,944
69$2,613,339$244,371$0$2,032,214
70$2,791,019$167,464$0$2,156,875
71$2,984,022$83,989$0$2,297,501
72$3,193,823$0$0$2,450,414
73$3,422,045$0$0$2,617,466
74$3,670,473$0$0$2,808,401
75$3,941,071$0$0$3,016,416
76$4,236,001$0$0$3,243,177
77$4,557,641$0$0$3,490,520
78$4,908,610$0$0$3,760,462
79$5,291,789$0$0$4,055,226
80$5,710,352$0$0$4,377,259
81$6,167,790$0$0$4,729,254
82$6,667,949$0$0$5,114,177
83$7,215,062$0$0$5,535,291
84$7,813,791$0$0$5,996,192
85$8,469,267$0$0$6,500,839
86$9,187,144$0$0$7,053,590
87$9,973,646$0$0$7,659,247
88$10,835,628$0$0$8,323,095
89$11,780,639$0$0$9,050,958
90$12,816,994$0$0$9,849,248
91$13,953,851$0$0$10,725,030
92$15,201,298$0$0$11,686,082
93$16,570,444$0$0$12,740,976
94$18,073,531$0$0$13,899,151
95$19,724,038$0$0$15,171,005
96$21,536,818$0$0$16,567,994
97$23,528,231$0$0$18,102,736
98$25,716,300$0$0$19,789,134
99$28,120,879$0$0$21,642,501
100$30,763,844$0$0$23,679,711