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%11.3%
1 years$68,375$67,766$67,172$66,592$66,026$65,665
2 years$33,849$33,219$32,608$32,015$31,441$31,077
3 years$22,342$21,709$21,099$20,513$19,947$19,591
4 years$16,590$15,958$15,355$14,778$14,227$13,881
5 years$13,139$12,512$11,916$11,351$10,815$10,481
6 years$10,839$10,217$9,630$9,078$8,557$8,236
7 years$9,197$8,580$8,003$7,463$6,959$6,650
8 years$7,966$7,355$6,787$6,261$5,774$5,477
9 years$7,010$6,403$5,845$5,333$4,862$4,578
10 years$6,244$5,644$5,096$4,597$4,143$3,870
11 years$5,619$5,025$4,487$4,001$3,563$3,303
12 years$5,098$4,510$3,982$3,509$3,088$2,839
13 years$4,658$4,076$3,557$3,098$2,692$2,455
14 years$4,280$3,705$3,196$2,750$2,360$2,134
15 years$3,954$3,384$2,886$2,453$2,078$1,863
16 years$3,668$3,105$2,617$2,196$1,837$1,632
17 years$3,417$2,860$2,381$1,973$1,628$1,435
18 years$3,193$2,642$2,173$1,778$1,448$1,264
19 years$2,994$2,449$1,990$1,607$1,291$1,117
20 years$2,814$2,276$1,826$1,455$1,153$988
21 years$2,652$2,120$1,680$1,321$1,032$876
22 years$2,505$1,979$1,548$1,201$925$778
23 years$2,370$1,851$1,429$1,094$830$691
24 years$2,248$1,734$1,322$997$746$615
25 years$2,135$1,627$1,224$911$671$548
26 years$2,031$1,529$1,136$833$605$489
27 years$1,935$1,439$1,054$762$545$436
28 years$1,845$1,356$980$698$492$390
29 years$1,763$1,279$912$641$444$348
30 years$1,685$1,208$850$588$401$311
31 years$1,613$1,142$792$540$363$279
32 years$1,546$1,081$739$496$328$249
33 years$1,483$1,024$690$456$297$223
34 years$1,423$970$645$420$269$200
35 years$1,368$920$603$386$244$179
36 years$1,315$873$564$356$221$161
37 years$1,265$829$528$328$200$144
38 years$1,218$788$494$302$181$129
39 years$1,174$750$463$279$164$116
40 years$1,132$713$434$257$149$104
41 years$1,092$679$407$237$135$93
42 years$1,054$647$382$219$123$84
43 years$1,018$616$358$202$111$75
44 years$984$587$336$187$101$67
45 years$951$560$316$172$92$60
46 years$920$534$297$159$83$54
47 years$890$510$279$147$76$49
48 years$862$487$262$136$69$44
49 years$834$465$246$126$62$39
50 years$808$444$231$116$57$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $828,000, adding $6,369 every year, while hoping to spend $31,299 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: 33/43/24 Blend
49$828,000$828,000$828,000$828,000
50$919,026$875,142$862,308$942,437
51$979,464$884,722$857,893$970,146
52$1,045,019$893,722$852,282$996,719
53$1,116,178$902,082$845,400$1,024,728
54$1,193,479$909,734$837,172$1,054,321
55$1,277,513$916,611$827,517$1,085,660
56$1,368,932$922,637$816,351$1,118,928
57$1,468,450$927,733$803,585$1,154,328
58$1,576,855$931,816$789,129$1,192,086
59$1,695,015$934,795$772,885$1,232,452
60$1,823,882$936,576$754,752$1,275,706
61$1,964,507$937,057$734,626$1,322,158
62$2,118,045$936,131$712,394$1,372,151
63$2,285,768$933,685$687,942$1,426,070
64$2,469,078$929,596$661,149$1,484,338
65$2,669,515$923,737$631,889$1,547,427
66$2,888,777$915,972$600,029$1,615,860
67$3,128,734$906,156$565,431$1,690,218
68$3,391,443$894,136$527,952$1,771,145
69$3,679,171$879,750$487,439$1,859,354
70$3,994,415$862,826$443,736$1,955,636
71$4,339,922$843,181$396,678$2,060,868
72$4,718,720$820,623$346,093$2,176,022
73$5,134,143$794,948$291,801$2,302,174
74$5,589,865$765,939$233,615$2,440,514
75$6,089,929$733,368$171,339$2,592,363
76$6,638,792$696,993$104,769$2,759,181
77$7,241,360$656,557$33,691$2,942,585
78$7,903,042$611,791$0$3,144,363
79$8,629,791$562,408$0$3,377,292
80$9,428,168$508,105$0$3,642,672
81$10,305,402$448,562$0$3,934,351
82$11,269,454$383,442$0$4,255,072
83$12,329,095$312,388$0$4,607,862
84$13,493,990$235,022$0$4,996,066
85$14,774,784$150,946$0$5,423,375
86$16,183,209$59,739$0$5,893,864
87$17,732,187$0$0$6,412,032
88$19,435,956$0$0$7,001,319
89$21,310,206$0$0$7,680,806
90$23,372,220$0$0$8,428,509
91$25,641,043$0$0$9,251,352
92$28,137,659$0$0$10,156,963
93$30,885,189$0$0$11,153,749
94$33,909,108$0$0$12,250,972
95$37,237,486$0$0$13,458,836
96$40,901,252$0$0$14,788,589
97$44,934,487$0$0$16,252,620
98$49,374,743$0$0$17,864,583
99$54,263,399$0$0$19,639,524
100$59,646,049$0$0$21,594,021