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%15.5%
1 years$68,210$67,603$67,010$66,431$65,866$64,379
2 years$33,767$33,139$32,529$31,938$31,365$29,874
3 years$22,288$21,656$21,048$20,463$19,899$18,452
4 years$16,549$15,920$15,318$14,743$14,192$12,799
5 years$13,107$12,481$11,887$11,324$10,789$9,454
6 years$10,813$10,192$9,607$9,056$8,537$7,262
7 years$9,175$8,559$7,983$7,445$6,943$5,728
8 years$7,947$7,337$6,770$6,246$5,760$4,605
9 years$6,993$6,388$5,831$5,320$4,850$3,754
10 years$6,229$5,631$5,084$4,586$4,133$3,094
11 years$5,605$5,013$4,476$3,991$3,554$2,572
12 years$5,086$4,499$3,972$3,501$3,080$2,152
13 years$4,646$4,066$3,549$3,091$2,686$1,811
14 years$4,270$3,696$3,189$2,743$2,354$1,531
15 years$3,944$3,376$2,879$2,447$2,073$1,299
16 years$3,659$3,098$2,610$2,191$1,832$1,105
17 years$3,408$2,853$2,375$1,968$1,625$943
18 years$3,186$2,636$2,168$1,774$1,444$806
19 years$2,986$2,443$1,985$1,603$1,287$690
20 years$2,807$2,270$1,822$1,452$1,150$592
21 years$2,646$2,115$1,676$1,317$1,029$509
22 years$2,499$1,974$1,544$1,198$922$437
23 years$2,365$1,846$1,426$1,091$828$377
24 years$2,242$1,730$1,319$995$744$324
25 years$2,130$1,623$1,221$909$670$280
26 years$2,026$1,526$1,133$831$603$241
27 years$1,930$1,436$1,052$761$544$208
28 years$1,841$1,353$978$697$491$180
29 years$1,758$1,276$910$639$443$155
30 years$1,681$1,205$848$586$400$134
31 years$1,610$1,139$790$539$362$116
32 years$1,542$1,078$737$495$327$100
33 years$1,479$1,021$688$455$296$87
34 years$1,420$968$643$419$268$75
35 years$1,364$918$601$386$243$65
36 years$1,312$871$563$355$220$56
37 years$1,262$827$527$327$200$48
38 years$1,216$786$493$302$181$42
39 years$1,171$748$462$278$164$36
40 years$1,129$711$433$256$149$31
41 years$1,089$677$406$237$135$27
42 years$1,052$645$381$218$123$24
43 years$1,016$615$357$202$111$20
44 years$981$586$335$186$101$18
45 years$949$559$315$172$92$15
46 years$918$533$296$159$83$13
47 years$888$508$278$147$76$11
48 years$860$485$261$136$69$10
49 years$832$464$245$125$62$9
50 years$806$443$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 $826,000, adding $6,538 every year, while hoping to spend $55,632 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: 58/28/14 Blend
49$826,000$826,000$826,000$826,000
50$916,996$873,218$860,415$966,559
51$951,338$856,814$830,047$984,411
52$987,317$837,741$796,797$997,140
53$1,025,044$815,810$760,510$1,009,710
54$1,064,635$790,821$721,023$1,022,116
55$1,106,217$762,562$678,167$1,034,351
56$1,149,931$730,806$631,765$1,046,414
57$1,195,925$695,317$581,631$1,058,303
58$1,244,366$655,844$527,571$1,070,022
59$1,295,430$612,120$469,384$1,081,579
60$1,349,314$563,863$406,858$1,092,983
61$1,406,229$510,777$339,773$1,104,253
62$1,466,406$452,547$267,898$1,115,411
63$1,530,099$388,842$190,992$1,126,485
64$1,597,584$319,310$108,804$1,137,514
65$1,669,161$243,580$21,073$1,148,542
66$1,745,161$161,261$0$1,159,628
67$1,825,944$71,939$0$1,181,675
68$1,911,905$0$0$1,207,991
69$2,003,474$0$0$1,243,213
70$2,101,125$0$0$1,304,452
71$2,205,375$0$0$1,369,872
72$2,316,791$0$0$1,439,834
73$2,435,996$0$0$1,514,734
74$2,563,671$0$0$1,595,008
75$2,700,563$0$0$1,681,131
76$2,847,494$0$0$1,773,627
77$3,005,363$0$0$1,873,069
78$3,175,158$0$0$1,980,089
79$3,357,965$0$0$2,095,377
80$3,554,975$0$0$2,219,695
81$3,767,497$0$0$2,353,876
82$3,996,968$0$0$2,498,839
83$4,244,968$0$0$2,655,591
84$4,513,234$0$0$2,825,241
85$4,803,675$0$0$3,009,007
86$5,118,388$0$0$3,208,228
87$5,459,682$0$0$3,424,377
88$5,830,093$0$0$3,659,074
89$6,232,411$0$0$3,914,100
90$6,669,707$0$0$4,191,416
91$7,145,358$0$0$4,493,177
92$7,663,078$0$0$4,821,757
93$8,226,955$0$0$5,179,765
94$8,841,489$0$0$5,570,076
95$9,511,630$0$0$5,995,850
96$10,242,826$0$0$6,460,568
97$11,041,077$0$0$6,968,062
98$11,912,984$0$0$7,522,548
99$12,865,816$0$0$8,128,669
100$13,907,574$0$0$8,791,538