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%15.6%
1 years$68,293$67,685$67,091$66,512$65,946$64,430
2 years$33,808$33,179$32,568$31,977$31,403$29,884
3 years$22,315$21,683$21,074$20,488$19,923$18,449
4 years$16,569$15,939$15,336$14,760$14,209$12,791
5 years$13,123$12,496$11,902$11,337$10,802$9,443
6 years$10,826$10,204$9,618$9,067$8,547$7,250
7 years$9,186$8,570$7,993$7,454$6,951$5,715
8 years$7,957$7,346$6,779$6,253$5,767$4,592
9 years$7,001$6,396$5,838$5,326$4,856$3,741
10 years$6,237$5,638$5,090$4,591$4,138$3,082
11 years$5,612$5,019$4,481$3,996$3,559$2,560
12 years$5,092$4,505$3,977$3,505$3,084$2,141
13 years$4,652$4,071$3,553$3,094$2,689$1,800
14 years$4,275$3,700$3,193$2,747$2,357$1,520
15 years$3,949$3,380$2,882$2,450$2,076$1,289
16 years$3,664$3,101$2,613$2,193$1,834$1,096
17 years$3,413$2,856$2,378$1,971$1,627$934
18 years$3,189$2,639$2,171$1,776$1,446$798
19 years$2,990$2,446$1,987$1,605$1,289$683
20 years$2,811$2,273$1,824$1,453$1,151$586
21 years$2,649$2,117$1,678$1,319$1,030$503
22 years$2,502$1,976$1,546$1,199$924$432
23 years$2,368$1,848$1,428$1,092$829$371
24 years$2,245$1,732$1,320$996$745$320
25 years$2,132$1,625$1,223$910$671$275
26 years$2,028$1,527$1,134$832$604$237
27 years$1,932$1,438$1,053$761$545$205
28 years$1,843$1,355$979$698$491$177
29 years$1,760$1,278$911$640$444$152
30 years$1,683$1,207$849$587$401$132
31 years$1,611$1,141$791$539$362$114
32 years$1,544$1,079$738$496$328$98
33 years$1,481$1,022$689$456$297$85
34 years$1,422$969$644$419$269$73
35 years$1,366$919$602$386$243$63
36 years$1,313$872$563$355$220$55
37 years$1,264$828$527$328$200$47
38 years$1,217$787$494$302$181$41
39 years$1,173$749$463$278$164$35
40 years$1,131$712$434$257$149$31
41 years$1,091$678$406$237$135$26
42 years$1,053$646$381$219$123$23
43 years$1,017$615$358$202$111$20
44 years$983$586$336$186$101$17
45 years$950$559$315$172$92$15
46 years$919$533$296$159$83$13
47 years$889$509$278$147$76$11
48 years$861$486$261$136$69$10
49 years$833$464$246$125$62$8
50 years$807$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 $827,000, adding $4,338 every year, while hoping to spend $45,730 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: 59/30/11 Blend
49$827,000$827,000$827,000$827,000
50$915,829$871,998$859,179$967,195
51$960,587$866,069$839,305$996,345
52$1,008,378$858,318$817,233$1,022,590
53$1,059,462$848,605$792,840$1,050,098
54$1,114,127$836,786$766,000$1,078,997
55$1,172,685$822,706$736,578$1,109,427
56$1,235,480$806,200$704,435$1,141,543
57$1,302,892$787,096$669,426$1,175,521
58$1,375,333$765,210$631,398$1,211,555
59$1,453,258$740,347$590,191$1,249,862
60$1,537,168$712,302$545,640$1,290,682
61$1,627,611$680,856$497,571$1,334,284
62$1,725,189$645,779$445,801$1,380,968
63$1,830,563$606,828$390,141$1,431,064
64$1,944,463$563,744$330,392$1,484,943
65$2,067,686$516,256$266,348$1,543,015
66$2,201,112$464,074$197,793$1,605,736
67$2,345,707$406,896$124,501$1,673,614
68$2,502,533$344,398$46,236$1,747,212
69$2,672,759$276,240$0$1,827,153
70$2,857,669$202,065$0$1,918,509
71$3,058,677$121,492$0$2,023,747
72$3,277,338$34,121$0$2,138,320
73$3,515,363$0$0$2,263,208
74$3,774,634$0$0$2,419,456
75$4,057,222$0$0$2,602,095
76$4,365,409$0$0$2,801,343
77$4,701,702$0$0$3,018,830
78$5,068,865$0$0$3,256,351
79$5,469,937$0$0$3,515,881
80$5,908,266$0$0$3,799,597
81$6,387,537$0$0$4,109,891
82$6,911,808$0$0$4,449,402
83$7,485,546$0$0$4,821,032
84$8,113,669$0$0$5,227,979
85$8,801,597$0$0$5,673,764
86$9,555,293$0$0$6,162,263
87$10,381,329$0$0$6,697,747
88$11,286,939$0$0$7,284,919
89$12,280,092$0$0$7,928,959
90$13,369,567$0$0$8,635,571
91$14,565,031$0$0$9,411,041
92$15,877,132$0$0$10,262,289
93$17,317,602$0$0$11,196,942
94$18,899,361$0$0$12,223,397
95$20,636,644$0$0$13,350,909
96$22,545,130$0$0$14,589,670
97$24,642,094$0$0$15,950,909
98$26,946,565$0$0$17,446,997
99$29,479,508$0$0$19,091,563
100$32,264,019$0$0$20,899,620