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%13.3%
1 years$68,210$67,603$67,010$66,431$65,866$64,963
2 years$33,767$33,139$32,529$31,938$31,365$30,456
3 years$22,288$21,656$21,048$20,463$19,899$19,013
4 years$16,549$15,920$15,318$14,743$14,192$13,336
5 years$13,107$12,481$11,887$11,324$10,789$9,965
6 years$10,813$10,192$9,607$9,056$8,537$7,747
7 years$9,175$8,559$7,983$7,445$6,943$6,186
8 years$7,947$7,337$6,770$6,246$5,760$5,037
9 years$6,993$6,388$5,831$5,320$4,850$4,161
10 years$6,229$5,631$5,084$4,586$4,133$3,476
11 years$5,605$5,013$4,476$3,991$3,554$2,929
12 years$5,086$4,499$3,972$3,501$3,080$2,487
13 years$4,646$4,066$3,549$3,091$2,686$2,123
14 years$4,270$3,696$3,189$2,743$2,354$1,821
15 years$3,944$3,376$2,879$2,447$2,073$1,569
16 years$3,659$3,098$2,610$2,191$1,832$1,356
17 years$3,408$2,853$2,375$1,968$1,625$1,175
18 years$3,186$2,636$2,168$1,774$1,444$1,021
19 years$2,986$2,443$1,985$1,603$1,287$888
20 years$2,807$2,270$1,822$1,452$1,150$775
21 years$2,646$2,115$1,676$1,317$1,029$677
22 years$2,499$1,974$1,544$1,198$922$592
23 years$2,365$1,846$1,426$1,091$828$518
24 years$2,242$1,730$1,319$995$744$454
25 years$2,130$1,623$1,221$909$670$398
26 years$2,026$1,526$1,133$831$603$350
27 years$1,930$1,436$1,052$761$544$307
28 years$1,841$1,353$978$697$491$270
29 years$1,758$1,276$910$639$443$237
30 years$1,681$1,205$848$586$400$209
31 years$1,610$1,139$790$539$362$184
32 years$1,542$1,078$737$495$327$162
33 years$1,479$1,021$688$455$296$143
34 years$1,420$968$643$419$268$126
35 years$1,364$918$601$386$243$111
36 years$1,312$871$563$355$220$98
37 years$1,262$827$527$327$200$86
38 years$1,216$786$493$302$181$76
39 years$1,171$748$462$278$164$67
40 years$1,129$711$433$256$149$59
41 years$1,089$677$406$237$135$52
42 years$1,052$645$381$218$123$46
43 years$1,016$615$357$202$111$40
44 years$981$586$335$186$101$36
45 years$949$559$315$172$92$31
46 years$918$533$296$159$83$28
47 years$888$508$278$147$76$24
48 years$860$485$261$136$69$22
49 years$832$464$245$125$62$19
50 years$806$443$231$116$57$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $826,000, adding $2,869 every year, while hoping to spend $55,333 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: 62/17/21 Blend
49$826,000$826,000$826,000$826,000
50$913,211$869,433$856,630$964,675
51$947,485$853,162$826,454$983,501
52$983,400$834,238$793,411$997,640
53$1,021,066$812,475$757,349$1,011,817
54$1,060,600$787,671$718,106$1,026,043
55$1,102,131$759,617$675,513$1,040,331
56$1,145,799$728,089$629,393$1,054,700
57$1,191,755$692,850$579,563$1,069,171
58$1,240,166$653,651$525,829$1,083,770
59$1,291,210$610,227$467,991$1,098,529
60$1,345,083$562,299$405,839$1,113,488
61$1,402,000$509,570$339,153$1,128,693
62$1,462,194$451,728$267,705$1,144,197
63$1,525,919$388,444$191,254$1,160,063
64$1,593,453$319,369$109,552$1,176,366
65$1,665,100$244,133$22,337$1,193,191
66$1,741,193$162,347$0$1,210,637
67$1,822,094$73,602$0$1,244,666
68$1,908,200$0$0$1,285,931
69$1,999,948$0$0$1,333,853
70$2,097,812$0$0$1,399,692
71$2,202,316$0$0$1,470,034
72$2,314,031$0$0$1,545,270
73$2,433,584$0$0$1,625,826
74$2,561,662$0$0$1,712,172
75$2,699,019$0$0$1,804,821
76$2,846,483$0$0$1,904,337
77$3,004,961$0$0$2,011,341
78$3,175,450$0$0$2,126,510
79$3,359,045$0$0$2,250,592
80$3,556,947$0$0$2,384,407
81$3,770,477$0$0$2,528,855
82$4,001,083$0$0$2,684,925
83$4,250,362$0$0$2,853,706
84$4,520,064$0$0$3,036,392
85$4,812,114$0$0$3,234,298
86$5,128,630$0$0$3,448,868
87$5,471,940$0$0$3,681,692
88$5,844,603$0$0$3,934,516
89$6,249,436$0$0$4,209,263
90$6,689,535$0$0$4,508,047
91$7,168,308$0$0$4,833,195
92$7,689,503$0$0$5,187,265
93$8,257,247$0$0$5,573,075
94$8,876,077$0$0$5,993,724
95$9,550,991$0$0$6,452,623
96$10,287,487$0$0$6,953,528
97$11,091,619$0$0$7,500,570
98$11,970,047$0$0$8,098,302
99$12,930,109$0$0$8,751,731
100$13,979,880$0$0$9,466,373