Can I retire at age 50 with 828,000?

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 $828,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$68,375$67,766$67,172$66,592$66,026$65,500
2 years$33,849$33,219$32,608$32,015$31,441$30,911
3 years$22,342$21,709$21,099$20,513$19,947$19,430
4 years$16,590$15,958$15,355$14,778$14,227$13,725
5 years$13,139$12,512$11,916$11,351$10,815$10,331
6 years$10,839$10,217$9,630$9,078$8,557$8,092
7 years$9,197$8,580$8,003$7,463$6,959$6,512
8 years$7,966$7,355$6,787$6,261$5,774$5,345
9 years$7,010$6,403$5,845$5,333$4,862$4,452
10 years$6,244$5,644$5,096$4,597$4,143$3,751
11 years$5,619$5,025$4,487$4,001$3,563$3,189
12 years$5,098$4,510$3,982$3,509$3,088$2,731
13 years$4,658$4,076$3,557$3,098$2,692$2,353
14 years$4,280$3,705$3,196$2,750$2,360$2,037
15 years$3,954$3,384$2,886$2,453$2,078$1,771
16 years$3,668$3,105$2,617$2,196$1,837$1,545
17 years$3,417$2,860$2,381$1,973$1,628$1,353
18 years$3,193$2,642$2,173$1,778$1,448$1,187
19 years$2,994$2,449$1,990$1,607$1,291$1,044
20 years$2,814$2,276$1,826$1,455$1,153$920
21 years$2,652$2,120$1,680$1,321$1,032$812
22 years$2,505$1,979$1,548$1,201$925$717
23 years$2,370$1,851$1,429$1,094$830$635
24 years$2,248$1,734$1,322$997$746$563
25 years$2,135$1,627$1,224$911$671$499
26 years$2,031$1,529$1,136$833$605$443
27 years$1,935$1,439$1,054$762$545$393
28 years$1,845$1,356$980$698$492$350
29 years$1,763$1,279$912$641$444$311
30 years$1,685$1,208$850$588$401$277
31 years$1,613$1,142$792$540$363$246
32 years$1,546$1,081$739$496$328$219
33 years$1,483$1,024$690$456$297$196
34 years$1,423$970$645$420$269$174
35 years$1,368$920$603$386$244$155
36 years$1,315$873$564$356$221$139
37 years$1,265$829$528$328$200$124
38 years$1,218$788$494$302$181$110
39 years$1,174$750$463$279$164$98
40 years$1,132$713$434$257$149$88
41 years$1,092$679$407$237$135$78
42 years$1,054$647$382$219$123$70
43 years$1,018$616$358$202$111$62
44 years$984$587$336$187$101$56
45 years$951$560$316$172$92$50
46 years$920$534$297$159$83$44
47 years$890$510$279$147$76$40
48 years$862$487$262$136$69$35
49 years$834$465$246$126$62$32
50 years$808$444$231$116$57$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $828,000, adding $3,604 every year, while hoping to spend $42,714 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: 58/23/19 Blend
49$828,000$828,000$828,000$828,000
50$916,174$872,290$859,456$964,520
51$964,176$869,584$842,800$995,054
52$1,015,643$865,315$824,155$1,023,368
53$1,070,883$859,360$803,408$1,053,278
54$1,130,234$851,590$780,444$1,084,946
55$1,194,068$841,867$755,138$1,118,552
56$1,262,792$830,048$727,365$1,154,296
57$1,336,854$815,978$696,989$1,192,403
58$1,416,747$799,494$663,872$1,233,119
59$1,503,009$780,424$627,866$1,276,720
60$1,596,236$758,585$588,819$1,323,511
61$1,697,079$733,782$546,572$1,373,832
62$1,806,256$705,813$500,957$1,428,058
63$1,924,556$674,459$451,800$1,486,607
64$2,052,845$639,492$398,920$1,549,944
65$2,192,077$600,669$342,126$1,618,581
66$2,343,301$557,734$281,219$1,693,088
67$2,507,670$510,415$215,992$1,774,096
68$2,686,453$458,426$146,228$1,862,305
69$2,881,047$401,464$71,703$1,958,490
70$3,092,987$339,210$0$2,063,510
71$3,323,965$271,324$0$2,179,903
72$3,575,840$197,450$0$2,322,750
73$3,850,661$117,210$0$2,478,716
74$4,150,681$30,206$0$2,649,147
75$4,478,382$0$0$2,835,526
76$4,836,494$0$0$3,055,685
77$5,228,026$0$0$3,304,815
78$5,656,287$0$0$3,577,385
79$6,124,924$0$0$3,875,726
80$6,637,950$0$0$4,202,400
81$7,199,785$0$0$4,560,233
82$7,815,298$0$0$4,952,335
83$8,489,849$0$0$5,382,129
84$9,229,342$0$0$5,853,390
85$10,040,279$0$0$6,370,271
86$10,929,823$0$0$6,937,349
87$11,905,861$0$0$7,559,664
88$12,977,083$0$0$8,242,769
89$14,153,059$0$0$8,992,778
90$15,444,333$0$0$9,816,430
91$16,862,518$0$0$10,721,146
92$18,420,408$0$0$11,715,101
93$20,132,098$0$0$12,807,302
94$22,013,113$0$0$14,007,671
95$24,080,559$0$0$15,327,140
96$26,353,281$0$0$16,777,751
97$28,852,040$0$0$18,372,772
98$31,599,711$0$0$20,126,822
99$34,621,494$0$0$22,056,006
100$37,945,156$0$0$24,178,068