Can I retire at age 50 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$68,541$67,930$67,334$66,753$66,185$65,576
2 years$33,931$33,299$32,687$32,093$31,517$30,903
3 years$22,396$21,761$21,150$20,562$19,996$19,396
4 years$16,630$15,997$15,392$14,814$14,261$13,681
5 years$13,171$12,542$11,945$11,378$10,841$10,281
6 years$10,865$10,241$9,653$9,099$8,578$8,040
7 years$9,220$8,601$8,022$7,481$6,976$6,460
8 years$7,986$7,372$6,803$6,276$5,788$5,293
9 years$7,026$6,419$5,860$5,346$4,874$4,401
10 years$6,260$5,658$5,109$4,608$4,153$3,701
11 years$5,633$5,037$4,497$4,010$3,572$3,140
12 years$5,110$4,521$3,991$3,518$3,095$2,684
13 years$4,669$4,086$3,566$3,105$2,699$2,308
14 years$4,291$3,714$3,204$2,757$2,366$1,995
15 years$3,963$3,393$2,893$2,458$2,083$1,731
16 years$3,677$3,113$2,623$2,201$1,841$1,507
17 years$3,425$2,867$2,387$1,978$1,632$1,316
18 years$3,201$2,649$2,179$1,782$1,451$1,153
19 years$3,001$2,455$1,995$1,611$1,294$1,011
20 years$2,821$2,281$1,830$1,459$1,156$889
21 years$2,658$2,125$1,684$1,324$1,034$783
22 years$2,511$1,983$1,552$1,204$927$691
23 years$2,376$1,855$1,433$1,096$832$610
24 years$2,253$1,738$1,325$1,000$748$539
25 years$2,140$1,631$1,227$913$673$477
26 years$2,036$1,533$1,138$835$606$422
27 years$1,939$1,443$1,057$764$547$374
28 years$1,850$1,359$983$700$493$332
29 years$1,767$1,283$914$642$445$294
30 years$1,690$1,211$852$589$402$261
31 years$1,617$1,145$794$541$364$232
32 years$1,550$1,083$741$497$329$206
33 years$1,486$1,026$692$457$298$183
34 years$1,427$972$646$421$270$163
35 years$1,371$922$604$387$244$145
36 years$1,318$875$565$357$221$129
37 years$1,268$831$529$329$201$115
38 years$1,221$790$495$303$182$102
39 years$1,177$751$464$279$165$91
40 years$1,135$715$435$258$150$81
41 years$1,095$680$408$238$136$72
42 years$1,057$648$383$219$123$64
43 years$1,021$617$359$203$112$57
44 years$986$589$337$187$101$51
45 years$953$561$317$173$92$45
46 years$922$535$297$160$84$40
47 years$892$511$279$147$76$36
48 years$864$488$262$136$69$32
49 years$836$466$247$126$63$29
50 years$810$445$232$116$57$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $830,000, adding $4,380 every year, while hoping to spend $21,630 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: 46/35/19 Blend
49$830,000$830,000$830,000$830,000
50$919,178$875,188$862,323$956,287
51$989,920$895,058$868,197$1,002,535
52$1,067,153$915,177$873,542$1,050,173
53$1,151,515$935,534$878,319$1,101,403
54$1,243,712$956,116$882,484$1,156,569
55$1,344,517$976,912$885,994$1,216,049
56$1,454,783$997,906$888,800$1,280,262
57$1,575,449$1,019,083$890,854$1,349,668
58$1,707,551$1,040,424$892,103$1,424,775
59$1,852,226$1,061,909$892,493$1,506,142
60$2,010,729$1,083,519$891,968$1,594,387
61$2,184,441$1,105,229$890,466$1,690,188
62$2,374,883$1,127,014$887,926$1,794,296
63$2,583,730$1,148,847$884,281$1,907,537
64$2,812,828$1,170,698$879,462$2,030,822
65$3,064,209$1,192,534$873,396$2,165,155
66$3,340,112$1,214,322$866,008$2,311,643
67$3,643,002$1,236,023$857,219$2,471,507
68$3,975,597$1,257,596$846,944$2,646,093
69$4,340,888$1,278,999$835,096$2,836,884
70$4,742,172$1,300,183$821,585$3,045,516
71$5,183,079$1,321,098$806,315$3,273,794
72$5,667,612$1,341,690$789,185$3,523,705
73$6,200,176$1,361,901$770,090$3,797,441
74$6,785,628$1,381,668$748,922$4,097,420
75$7,429,316$1,400,923$725,565$4,426,306
76$8,137,134$1,419,597$699,899$4,787,036
77$8,915,576$1,437,611$671,800$5,182,851
78$9,771,795$1,454,884$641,135$5,617,321
79$10,713,673$1,471,329$607,769$6,094,381
80$11,749,896$1,486,852$571,557$6,618,373
81$12,890,031$1,501,354$532,350$7,194,082
82$14,144,622$1,514,728$489,991$7,826,781
83$15,525,285$1,526,861$444,318$8,522,286
84$17,044,820$1,537,633$395,158$9,287,008
85$18,717,330$1,546,915$342,334$10,128,014
86$20,558,355$1,554,572$285,660$11,053,095
87$22,585,018$1,560,457$224,941$12,070,840
88$24,816,187$1,564,416$159,973$13,190,717
89$27,272,651$1,566,285$90,545$14,423,161
90$29,977,319$1,565,891$16,436$15,779,680
91$32,955,432$1,563,046$0$17,272,955
92$36,234,807$1,557,556$0$18,929,669
93$39,846,093$1,549,212$0$20,756,913
94$43,823,062$1,537,792$0$22,768,389
95$48,202,932$1,523,061$0$24,982,878
96$53,026,711$1,504,771$0$27,421,075
97$58,339,588$1,482,657$0$30,105,792
98$64,191,360$1,456,441$0$33,062,166
99$70,636,898$1,425,826$0$36,317,906
100$77,736,668$1,390,498$0$39,903,546