Can I retire at age 50 with 826,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.6%
1 years$68,210$67,603$67,010$66,431$65,866$64,092
2 years$33,767$33,139$32,529$31,938$31,365$29,590
3 years$22,288$21,656$21,048$20,463$19,899$18,179
4 years$16,549$15,920$15,318$14,743$14,192$12,541
5 years$13,107$12,481$11,887$11,324$10,789$9,210
6 years$10,813$10,192$9,607$9,056$8,537$7,032
7 years$9,175$8,559$7,983$7,445$6,943$5,512
8 years$7,947$7,337$6,770$6,246$5,760$4,403
9 years$6,993$6,388$5,831$5,320$4,850$3,566
10 years$6,229$5,631$5,084$4,586$4,133$2,919
11 years$5,605$5,013$4,476$3,991$3,554$2,409
12 years$5,086$4,499$3,972$3,501$3,080$2,002
13 years$4,646$4,066$3,549$3,091$2,686$1,672
14 years$4,270$3,696$3,189$2,743$2,354$1,403
15 years$3,944$3,376$2,879$2,447$2,073$1,181
16 years$3,659$3,098$2,610$2,191$1,832$997
17 years$3,408$2,853$2,375$1,968$1,625$844
18 years$3,186$2,636$2,168$1,774$1,444$715
19 years$2,986$2,443$1,985$1,603$1,287$608
20 years$2,807$2,270$1,822$1,452$1,150$517
21 years$2,646$2,115$1,676$1,317$1,029$440
22 years$2,499$1,974$1,544$1,198$922$375
23 years$2,365$1,846$1,426$1,091$828$320
24 years$2,242$1,730$1,319$995$744$274
25 years$2,130$1,623$1,221$909$670$234
26 years$2,026$1,526$1,133$831$603$200
27 years$1,930$1,436$1,052$761$544$171
28 years$1,841$1,353$978$697$491$146
29 years$1,758$1,276$910$639$443$125
30 years$1,681$1,205$848$586$400$107
31 years$1,610$1,139$790$539$362$92
32 years$1,542$1,078$737$495$327$79
33 years$1,479$1,021$688$455$296$67
34 years$1,420$968$643$419$268$58
35 years$1,364$918$601$386$243$49
36 years$1,312$871$563$355$220$42
37 years$1,262$827$527$327$200$36
38 years$1,216$786$493$302$181$31
39 years$1,171$748$462$278$164$27
40 years$1,129$711$433$256$149$23
41 years$1,089$677$406$237$135$20
42 years$1,052$645$381$218$123$17
43 years$1,016$615$357$202$111$14
44 years$981$586$335$186$101$12
45 years$949$559$315$172$92$11
46 years$918$533$296$159$83$9
47 years$888$508$278$147$76$8
48 years$860$485$261$136$69$7
49 years$832$464$245$125$62$6
50 years$806$443$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $826,000, adding $3,993 every year, while hoping to spend $34,182 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: 60/17/23 Blend
49$826,000$826,000$826,000$826,000
50$914,371$870,593$857,790$963,418
51$971,267$876,882$850,156$1,003,472
52$1,032,821$882,335$841,122$1,043,085
53$1,099,472$886,872$830,602$1,085,554
54$1,171,703$890,413$818,512$1,131,165
55$1,250,044$892,871$804,759$1,180,230
56$1,335,078$894,151$789,248$1,233,096
57$1,427,448$894,157$771,880$1,290,147
58$1,527,860$892,783$752,551$1,351,806
59$1,637,091$889,918$731,150$1,418,542
60$1,755,995$885,445$707,564$1,490,870
61$1,885,512$879,238$681,674$1,569,363
62$2,026,679$871,164$653,354$1,654,651
63$2,180,632$861,084$622,473$1,747,432
64$2,348,627$848,847$588,897$1,848,475
65$2,532,043$834,296$552,480$1,958,630
66$2,732,398$817,264$513,076$2,078,838
67$2,951,366$797,573$470,527$2,210,135
68$3,190,786$775,035$424,671$2,353,666
69$3,452,687$749,452$375,337$2,510,695
70$3,739,299$720,613$322,349$2,682,619
71$4,053,081$688,296$265,521$2,870,980
72$4,396,737$652,266$204,659$3,077,477
73$4,773,250$612,272$139,560$3,303,991
74$5,185,900$568,052$70,014$3,552,593
75$5,638,303$519,327$0$3,825,572
76$6,134,439$465,804$0$4,126,485
77$6,678,693$407,170$0$4,475,491
78$7,275,896$343,097$0$4,858,523
79$7,931,366$273,237$0$5,279,037
80$8,650,964$197,224$0$5,740,842
81$9,441,145$114,671$0$6,248,136
82$10,309,019$25,168$0$6,805,548
83$11,262,421$0$0$7,418,178
84$12,309,978$0$0$8,105,068
85$13,461,199$0$0$8,865,175
86$14,726,555$0$0$9,700,714
87$16,117,586$0$0$10,619,314
88$17,647,002$0$0$11,629,379
89$19,328,810$0$0$12,740,168
90$21,178,440$0$0$13,961,882
91$23,212,892$0$0$15,305,760
92$25,450,896$0$0$16,784,187
93$27,913,091$0$0$18,410,806
94$30,622,216$0$0$20,200,651
95$33,603,324$0$0$22,170,287
96$36,884,021$0$0$24,337,964
97$40,494,723$0$0$26,723,793
98$44,468,945$0$0$29,349,933
99$48,843,617$0$0$32,240,798
100$53,659,429$0$0$35,423,293