Can I retire at age 50 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$68,293$67,685$67,091$66,512$65,946$64,509
2 years$33,808$33,179$32,568$31,977$31,403$29,962
3 years$22,315$21,683$21,074$20,488$19,923$18,524
4 years$16,569$15,939$15,336$14,760$14,209$12,863
5 years$13,123$12,496$11,902$11,337$10,802$9,511
6 years$10,826$10,204$9,618$9,067$8,547$7,314
7 years$9,186$8,570$7,993$7,454$6,951$5,775
8 years$7,957$7,346$6,779$6,253$5,767$4,648
9 years$7,001$6,396$5,838$5,326$4,856$3,794
10 years$6,237$5,638$5,090$4,591$4,138$3,131
11 years$5,612$5,019$4,481$3,996$3,559$2,606
12 years$5,092$4,505$3,977$3,505$3,084$2,184
13 years$4,652$4,071$3,553$3,094$2,689$1,840
14 years$4,275$3,700$3,193$2,747$2,357$1,557
15 years$3,949$3,380$2,882$2,450$2,076$1,323
16 years$3,664$3,101$2,613$2,193$1,834$1,127
17 years$3,413$2,856$2,378$1,971$1,627$963
18 years$3,189$2,639$2,171$1,776$1,446$825
19 years$2,990$2,446$1,987$1,605$1,289$707
20 years$2,811$2,273$1,824$1,453$1,151$608
21 years$2,649$2,117$1,678$1,319$1,030$523
22 years$2,502$1,976$1,546$1,199$924$450
23 years$2,368$1,848$1,428$1,092$829$388
24 years$2,245$1,732$1,320$996$745$335
25 years$2,132$1,625$1,223$910$671$289
26 years$2,028$1,527$1,134$832$604$250
27 years$1,932$1,438$1,053$761$545$216
28 years$1,843$1,355$979$698$491$187
29 years$1,760$1,278$911$640$444$162
30 years$1,683$1,207$849$587$401$140
31 years$1,611$1,141$791$539$362$121
32 years$1,544$1,079$738$496$328$105
33 years$1,481$1,022$689$456$297$91
34 years$1,422$969$644$419$269$79
35 years$1,366$919$602$386$243$68
36 years$1,313$872$563$355$220$59
37 years$1,264$828$527$328$200$51
38 years$1,217$787$494$302$181$44
39 years$1,173$749$463$278$164$38
40 years$1,131$712$434$257$149$33
41 years$1,091$678$406$237$135$29
42 years$1,053$646$381$219$123$25
43 years$1,017$615$358$202$111$22
44 years$983$586$336$186$101$19
45 years$950$559$315$172$92$16
46 years$919$533$296$159$83$14
47 years$889$509$278$147$76$12
48 years$861$486$261$136$69$11
49 years$833$464$246$125$62$9
50 years$807$443$231$116$57$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $827,000, adding $4,736 every year, while hoping to spend $26,368 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: 38/43/19 Blend
49$827,000$827,000$827,000$827,000
50$916,239$872,408$859,590$945,671
51$981,640$887,101$860,331$982,012
52$1,052,828$901,630$860,213$1,018,412
53$1,130,366$915,959$859,179$1,057,202
54$1,214,873$930,050$857,171$1,098,614
55$1,307,029$943,861$854,125$1,142,902
56$1,407,584$957,349$849,977$1,190,346
57$1,517,365$970,466$844,658$1,241,258
58$1,637,278$983,161$838,096$1,295,981
59$1,768,325$995,380$830,216$1,354,895
60$1,911,605$1,007,065$820,940$1,418,420
61$2,068,332$1,018,155$810,185$1,487,018
62$2,239,840$1,028,583$797,864$1,561,203
63$2,427,599$1,038,278$783,888$1,641,540
64$2,633,227$1,047,167$768,161$1,728,655
65$2,858,507$1,055,168$750,584$1,823,238
66$3,105,400$1,062,198$731,055$1,926,054
67$3,376,070$1,068,164$709,464$2,037,944
68$3,672,896$1,072,971$685,699$2,159,841
69$3,998,502$1,076,517$659,640$2,292,773
70$4,355,775$1,078,692$631,163$2,437,876
71$4,747,896$1,079,380$600,140$2,596,405
72$5,178,371$1,078,459$566,433$2,769,745
73$5,651,059$1,075,798$529,903$2,959,426
74$6,170,212$1,071,258$490,401$3,167,138
75$6,740,516$1,064,691$447,771$3,394,745
76$7,367,131$1,055,943$401,853$3,644,306
77$8,055,741$1,044,847$352,478$3,918,095
78$8,812,610$1,031,228$299,470$4,218,621
79$9,644,638$1,014,901$242,644$4,548,652
80$10,559,427$995,666$181,809$4,911,247
81$11,565,352$973,318$116,763$5,309,778
82$12,671,641$947,633$47,297$5,747,970
83$13,888,460$918,378$0$6,229,930
84$15,227,010$885,306$0$6,765,635
85$16,699,632$848,154$0$7,365,232
86$18,319,926$806,644$0$8,024,692
87$20,102,873$760,484$0$8,750,157
88$22,064,981$709,363$0$9,548,399
89$24,224,440$652,953$0$10,426,887
90$26,601,292$590,907$0$11,393,856
91$29,217,621$522,859$0$12,458,390
92$32,097,760$448,420$0$13,630,502
93$35,268,521$367,182$0$14,921,236
94$38,759,449$278,713$0$16,342,768
95$42,603,097$182,555$0$17,908,523
96$46,835,339$78,225$0$19,633,307
97$51,495,701$0$0$21,533,441
98$56,627,740$0$0$23,643,380
99$62,279,450$0$0$26,007,883
100$68,503,719$0$0$28,612,082