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%14.1%
1 years$68,293$67,685$67,091$66,512$65,946$64,827
2 years$33,808$33,179$32,568$31,977$31,403$30,279
3 years$22,315$21,683$21,074$20,488$19,923$18,829
4 years$16,569$15,939$15,336$14,760$14,209$13,154
5 years$13,123$12,496$11,902$11,337$10,802$9,788
6 years$10,826$10,204$9,618$9,067$8,547$7,576
7 years$9,186$8,570$7,993$7,454$6,951$6,023
8 years$7,957$7,346$6,779$6,253$5,767$4,881
9 years$7,001$6,396$5,838$5,326$4,856$4,013
10 years$6,237$5,638$5,090$4,591$4,138$3,336
11 years$5,612$5,019$4,481$3,996$3,559$2,798
12 years$5,092$4,505$3,977$3,505$3,084$2,363
13 years$4,652$4,071$3,553$3,094$2,689$2,007
14 years$4,275$3,700$3,193$2,747$2,357$1,712
15 years$3,949$3,380$2,882$2,450$2,076$1,467
16 years$3,664$3,101$2,613$2,193$1,834$1,260
17 years$3,413$2,856$2,378$1,971$1,627$1,086
18 years$3,189$2,639$2,171$1,776$1,446$938
19 years$2,990$2,446$1,987$1,605$1,289$812
20 years$2,811$2,273$1,824$1,453$1,151$704
21 years$2,649$2,117$1,678$1,319$1,030$611
22 years$2,502$1,976$1,546$1,199$924$531
23 years$2,368$1,848$1,428$1,092$829$462
24 years$2,245$1,732$1,320$996$745$403
25 years$2,132$1,625$1,223$910$671$351
26 years$2,028$1,527$1,134$832$604$306
27 years$1,932$1,438$1,053$761$545$267
28 years$1,843$1,355$979$698$491$233
29 years$1,760$1,278$911$640$444$204
30 years$1,683$1,207$849$587$401$178
31 years$1,611$1,141$791$539$362$156
32 years$1,544$1,079$738$496$328$136
33 years$1,481$1,022$689$456$297$119
34 years$1,422$969$644$419$269$104
35 years$1,366$919$602$386$243$91
36 years$1,313$872$563$355$220$80
37 years$1,264$828$527$328$200$70
38 years$1,217$787$494$302$181$61
39 years$1,173$749$463$278$164$54
40 years$1,131$712$434$257$149$47
41 years$1,091$678$406$237$135$41
42 years$1,053$646$381$219$123$36
43 years$1,017$615$358$202$111$32
44 years$983$586$336$186$101$28
45 years$950$559$315$172$92$24
46 years$919$533$296$159$83$21
47 years$889$509$278$147$76$19
48 years$861$486$261$136$69$16
49 years$833$464$246$125$62$14
50 years$807$443$231$116$57$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $827,000, adding $3,479 every year, while hoping to spend $55,833 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: 58/16/26 Blend
49$827,000$827,000$827,000$827,000
50$914,943$871,112$858,293$961,362
51$948,861$854,390$827,640$976,768
52$984,367$834,978$794,089$987,330
53$1,021,566$812,685$757,483$997,674
54$1,060,567$787,308$717,661$1,007,792
55$1,101,492$758,634$674,450$1,017,682
56$1,144,474$726,436$627,674$1,027,341
57$1,189,655$690,476$577,145$1,036,771
58$1,237,190$650,499$522,669$1,045,977
59$1,287,248$606,239$464,044$1,054,966
60$1,340,014$557,411$401,056$1,063,753
61$1,395,689$503,718$333,485$1,072,356
62$1,454,491$444,841$261,098$1,080,800
63$1,516,658$380,448$183,654$1,089,117
64$1,582,452$310,184$100,901$1,097,345
65$1,652,155$233,677$12,575$1,105,534
66$1,726,080$150,532$0$1,113,742
67$1,804,566$60,334$0$1,144,701
68$1,887,983$0$0$1,181,028
69$1,976,739$0$0$1,225,991
70$2,071,277$0$0$1,285,236
71$2,172,085$0$0$1,348,451
72$2,279,696$0$0$1,415,976
73$2,394,694$0$0$1,488,183
74$2,517,720$0$0$1,565,480
75$2,649,475$0$0$1,648,315
76$2,790,730$0$0$1,737,178
77$2,942,330$0$0$1,832,608
78$3,105,202$0$0$1,935,197
79$3,280,364$0$0$2,045,594
80$3,468,933$0$0$2,164,510
81$3,672,135$0$0$2,292,729
82$3,891,320$0$0$2,431,111
83$4,127,968$0$0$2,580,601
84$4,383,705$0$0$2,742,236
85$4,660,319$0$0$2,917,158
86$4,959,777$0$0$3,106,621
87$5,284,239$0$0$3,312,005
88$5,636,081$0$0$3,534,826
89$6,017,916$0$0$3,776,752
90$6,432,617$0$0$4,039,618
91$6,883,344$0$0$4,325,442
92$7,373,576$0$0$4,636,444
93$7,907,138$0$0$4,975,067
94$8,488,238$0$0$5,343,999
95$9,121,511$0$0$5,746,199
96$9,812,052$0$0$6,184,923
97$10,565,473$0$0$6,663,753
98$11,387,950$0$0$7,186,635
99$12,286,280$0$0$7,757,911
100$13,267,948$0$0$8,382,362