Can I retire at age 50 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$68,210$67,603$67,010$66,431$65,866$65,206
2 years$33,767$33,139$32,529$31,938$31,365$30,699
3 years$22,288$21,656$21,048$20,463$19,899$19,250
4 years$16,549$15,920$15,318$14,743$14,192$13,564
5 years$13,107$12,481$11,887$11,324$10,789$10,183
6 years$10,813$10,192$9,607$9,056$8,537$7,954
7 years$9,175$8,559$7,983$7,445$6,943$6,384
8 years$7,947$7,337$6,770$6,246$5,760$5,225
9 years$6,993$6,388$5,831$5,320$4,850$4,339
10 years$6,229$5,631$5,084$4,586$4,133$3,644
11 years$5,605$5,013$4,476$3,991$3,554$3,089
12 years$5,086$4,499$3,972$3,501$3,080$2,637
13 years$4,646$4,066$3,549$3,091$2,686$2,265
14 years$4,270$3,696$3,189$2,743$2,354$1,954
15 years$3,944$3,376$2,879$2,447$2,073$1,694
16 years$3,659$3,098$2,610$2,191$1,832$1,473
17 years$3,408$2,853$2,375$1,968$1,625$1,284
18 years$3,186$2,636$2,168$1,774$1,444$1,123
19 years$2,986$2,443$1,985$1,603$1,287$984
20 years$2,807$2,270$1,822$1,452$1,150$864
21 years$2,646$2,115$1,676$1,317$1,029$760
22 years$2,499$1,974$1,544$1,198$922$669
23 years$2,365$1,846$1,426$1,091$828$590
24 years$2,242$1,730$1,319$995$744$520
25 years$2,130$1,623$1,221$909$670$460
26 years$2,026$1,526$1,133$831$603$407
27 years$1,930$1,436$1,052$761$544$360
28 years$1,841$1,353$978$697$491$318
29 years$1,758$1,276$910$639$443$282
30 years$1,681$1,205$848$586$400$250
31 years$1,610$1,139$790$539$362$222
32 years$1,542$1,078$737$495$327$197
33 years$1,479$1,021$688$455$296$174
34 years$1,420$968$643$419$268$155
35 years$1,364$918$601$386$243$137
36 years$1,312$871$563$355$220$122
37 years$1,262$827$527$327$200$108
38 years$1,216$786$493$302$181$96
39 years$1,171$748$462$278$164$86
40 years$1,129$711$433$256$149$76
41 years$1,089$677$406$237$135$68
42 years$1,052$645$381$218$123$60
43 years$1,016$615$357$202$111$53
44 years$981$586$335$186$101$47
45 years$949$559$315$172$92$42
46 years$918$533$296$159$83$38
47 years$888$508$278$147$76$33
48 years$860$485$261$136$69$30
49 years$832$464$245$125$62$26
50 years$806$443$231$116$57$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $826,000, adding $4,331 every year, while hoping to spend $31,831 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: 58/17/25 Blend
49$826,000$826,000$826,000$826,000
50$914,719$870,941$858,138$961,350
51$974,153$879,750$853,018$1,002,493
52$1,038,582$887,923$846,659$1,043,569
53$1,108,482$895,396$838,987$1,087,680
54$1,184,377$902,100$829,923$1,135,129
55$1,266,842$907,961$819,384$1,186,249
56$1,356,511$912,902$807,285$1,241,408
57$1,454,080$916,840$793,534$1,301,014
58$1,560,316$919,685$778,038$1,365,517
59$1,676,063$921,345$760,697$1,435,414
60$1,802,249$921,718$741,407$1,511,254
61$1,939,896$920,699$720,062$1,593,642
62$2,090,128$918,176$696,546$1,683,248
63$2,254,183$914,028$670,742$1,780,813
64$2,433,423$908,130$642,526$1,887,151
65$2,629,349$900,345$611,768$2,003,166
66$2,843,614$890,532$578,332$2,129,851
67$3,078,034$878,540$542,078$2,268,306
68$3,334,612$864,208$502,857$2,419,744
69$3,615,555$847,366$460,515$2,585,505
70$3,923,289$827,834$414,889$2,767,066
71$4,260,488$805,422$365,812$2,966,059
72$4,630,099$779,929$313,108$3,184,286
73$5,035,363$751,139$256,591$3,423,734
74$5,479,854$718,829$196,070$3,686,595
75$5,967,505$682,758$131,345$3,975,292
76$6,502,652$642,674$62,206$4,292,494
77$7,090,066$598,309$0$4,641,150
78$7,735,008$549,381$0$5,027,598
79$8,443,269$495,591$0$5,470,248
80$9,221,230$436,622$0$5,956,510
81$10,075,920$372,142$0$6,490,816
82$11,015,084$301,797$0$7,078,054
83$12,047,253$225,215$0$7,723,609
84$13,181,824$142,002$0$8,433,417
85$14,429,153$51,743$0$9,214,022
86$15,800,647$0$0$10,072,636
87$17,308,875$0$0$11,025,816
88$18,967,684$0$0$12,084,884
89$20,792,330$0$0$13,249,913
90$22,799,624$0$0$14,531,643
91$25,008,085$0$0$15,941,913
92$27,438,121$0$0$17,493,764
93$30,112,215$0$0$19,201,565
94$33,055,142$0$0$21,081,150
95$36,294,200$0$0$23,149,966
96$39,859,466$0$0$25,427,234
97$43,784,081$0$0$27,934,137
98$48,104,564$0$0$30,694,014
99$52,861,154$0$0$33,732,582
100$58,098,188$0$0$37,078,178