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%15.1%
1 years$68,375$67,766$67,172$66,592$66,026$64,640
2 years$33,849$33,219$32,608$32,015$31,441$30,051
3 years$22,342$21,709$21,099$20,513$19,947$18,597
4 years$16,590$15,958$15,355$14,778$14,227$12,926
5 years$13,139$12,512$11,916$11,351$10,815$9,568
6 years$10,839$10,217$9,630$9,078$8,557$7,366
7 years$9,197$8,580$8,003$7,463$6,959$5,823
8 years$7,966$7,355$6,787$6,261$5,774$4,692
9 years$7,010$6,403$5,845$5,333$4,862$3,834
10 years$6,244$5,644$5,096$4,597$4,143$3,168
11 years$5,619$5,025$4,487$4,001$3,563$2,640
12 years$5,098$4,510$3,982$3,509$3,088$2,215
13 years$4,658$4,076$3,557$3,098$2,692$1,869
14 years$4,280$3,705$3,196$2,750$2,360$1,584
15 years$3,954$3,384$2,886$2,453$2,078$1,347
16 years$3,668$3,105$2,617$2,196$1,837$1,150
17 years$3,417$2,860$2,381$1,973$1,628$984
18 years$3,193$2,642$2,173$1,778$1,448$844
19 years$2,994$2,449$1,990$1,607$1,291$725
20 years$2,814$2,276$1,826$1,455$1,153$624
21 years$2,652$2,120$1,680$1,321$1,032$537
22 years$2,505$1,979$1,548$1,201$925$463
23 years$2,370$1,851$1,429$1,094$830$400
24 years$2,248$1,734$1,322$997$746$346
25 years$2,135$1,627$1,224$911$671$299
26 years$2,031$1,529$1,136$833$605$259
27 years$1,935$1,439$1,054$762$545$224
28 years$1,845$1,356$980$698$492$194
29 years$1,763$1,279$912$641$444$168
30 years$1,685$1,208$850$588$401$146
31 years$1,613$1,142$792$540$363$126
32 years$1,546$1,081$739$496$328$110
33 years$1,483$1,024$690$456$297$95
34 years$1,423$970$645$420$269$83
35 years$1,368$920$603$386$244$72
36 years$1,315$873$564$356$221$62
37 years$1,265$829$528$328$200$54
38 years$1,218$788$494$302$181$47
39 years$1,174$750$463$279$164$41
40 years$1,132$713$434$257$149$35
41 years$1,092$679$407$237$135$31
42 years$1,054$647$382$219$123$27
43 years$1,018$616$358$202$111$23
44 years$984$587$336$187$101$20
45 years$951$560$316$172$92$17
46 years$920$534$297$159$83$15
47 years$890$510$279$147$76$13
48 years$862$487$262$136$69$11
49 years$834$465$246$126$62$10
50 years$808$444$231$116$57$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $828,000, adding $4,118 every year, while hoping to spend $37,778 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: 45/38/17 Blend
49$828,000$828,000$828,000$828,000
50$916,704$872,820$859,986$953,314
51$970,012$875,392$848,600$981,895
52$1,027,492$876,825$835,566$1,008,769
53$1,089,528$877,022$820,790$1,037,107
54$1,156,545$875,881$804,172$1,067,061
55$1,229,008$873,295$785,607$1,098,800
56$1,307,429$869,148$764,987$1,132,514
57$1,392,370$863,320$742,197$1,168,413
58$1,484,451$855,681$717,119$1,206,732
59$1,584,350$846,095$689,628$1,247,731
60$1,692,816$834,416$659,593$1,291,701
61$1,810,672$820,491$626,878$1,338,964
62$1,938,823$804,157$591,341$1,389,881
63$2,078,264$785,242$552,832$1,444,849
64$2,230,091$763,563$511,196$1,504,312
65$2,395,510$738,927$466,271$1,568,763
66$2,575,846$711,129$417,885$1,638,747
67$2,772,561$679,953$365,863$1,714,872
68$2,987,261$645,170$310,018$1,797,811
69$3,221,716$606,537$250,158$1,888,310
70$3,477,871$563,798$186,079$1,987,198
71$3,757,873$516,682$117,571$2,095,394
72$4,064,080$464,904$44,414$2,213,914
73$4,399,092$408,160$0$2,343,887
74$4,765,770$346,130$0$2,492,667
75$5,167,265$278,477$0$2,664,528
76$5,607,047$204,844$0$2,852,983
77$6,088,938$124,853$0$3,059,777
78$6,617,146$38,107$0$3,286,838
79$7,196,305$0$0$3,536,295
80$7,831,522$0$0$3,833,844
81$8,528,419$0$0$4,177,866
82$9,293,188$0$0$4,555,496
83$10,132,652$0$0$4,970,117
84$11,054,326$0$0$5,425,453
85$12,066,487$0$0$5,925,608
86$13,178,254$0$0$6,475,101
87$14,399,673$0$0$7,078,913
88$15,741,809$0$0$7,742,528
89$17,216,853$0$0$8,471,992
90$18,838,238$0$0$9,273,963
91$20,620,761$0$0$10,155,776
92$22,580,722$0$0$11,125,514
93$24,736,084$0$0$12,192,082
94$27,106,635$0$0$13,365,290
95$29,714,177$0$0$14,655,948
96$32,582,733$0$0$16,075,967
97$35,738,769$0$0$17,638,468
98$39,211,448$0$0$19,357,911
99$43,032,900$0$0$21,250,228
100$47,238,531$0$0$23,332,971