Can I retire at age 50 with 833,000?

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 $833,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$68,788$68,176$67,578$66,994$66,425$64,196
2 years$34,054$33,419$32,805$32,209$31,631$29,407
3 years$22,477$21,840$21,227$20,637$20,068$17,919
4 years$16,690$16,055$15,448$14,867$14,313$12,256
5 years$13,218$12,587$11,988$11,420$10,880$8,920
6 years$10,905$10,278$9,688$9,132$8,609$6,748
7 years$9,253$8,632$8,051$7,508$7,002$5,238
8 years$8,015$7,399$6,828$6,298$5,808$4,142
9 years$7,052$6,442$5,881$5,365$4,892$3,320
10 years$6,282$5,678$5,127$4,625$4,168$2,689
11 years$5,653$5,055$4,514$4,025$3,584$2,195
12 years$5,129$4,537$4,006$3,530$3,106$1,804
13 years$4,686$4,100$3,579$3,117$2,709$1,489
14 years$4,306$3,727$3,216$2,767$2,374$1,235
15 years$3,978$3,405$2,903$2,467$2,091$1,027
16 years$3,691$3,124$2,632$2,209$1,848$857
17 years$3,437$2,877$2,395$1,985$1,638$716
18 years$3,213$2,658$2,187$1,789$1,457$600
19 years$3,012$2,464$2,002$1,616$1,298$503
20 years$2,831$2,289$1,837$1,464$1,160$422
21 years$2,668$2,133$1,690$1,329$1,038$355
22 years$2,520$1,991$1,557$1,208$930$299
23 years$2,385$1,862$1,438$1,100$835$251
24 years$2,261$1,744$1,330$1,003$751$212
25 years$2,148$1,637$1,232$916$675$179
26 years$2,043$1,539$1,142$838$608$151
27 years$1,946$1,448$1,061$767$549$127
28 years$1,857$1,364$986$703$495$107
29 years$1,773$1,287$918$644$447$91
30 years$1,696$1,216$855$591$404$76
31 years$1,623$1,149$797$543$365$65
32 years$1,555$1,087$744$499$330$55
33 years$1,492$1,030$694$459$299$46
34 years$1,432$976$649$422$271$39
35 years$1,376$926$606$389$245$33
36 years$1,323$879$567$358$222$28
37 years$1,273$834$531$330$201$23
38 years$1,226$793$497$304$182$20
39 years$1,181$754$466$280$165$17
40 years$1,139$717$437$259$150$14
41 years$1,099$683$409$239$136$12
42 years$1,061$650$384$220$124$10
43 years$1,024$620$360$203$112$9
44 years$990$591$338$188$102$7
45 years$957$563$318$173$92$6
46 years$925$537$298$160$84$5
47 years$895$513$280$148$76$4
48 years$867$490$263$137$69$4
49 years$839$467$248$126$63$3
50 years$813$447$233$117$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $833,000, adding $5,449 every year, while hoping to spend $55,236 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: 79/12/9 Blend
49$833,000$833,000$833,000$833,000
50$923,587$879,438$866,526$994,857
51$959,022$863,759$836,784$1,026,727
52$996,220$845,462$804,194$1,053,942
53$1,035,303$824,358$768,603$1,082,171
54$1,076,403$800,250$729,850$1,111,488
55$1,119,663$772,929$687,767$1,141,978
56$1,165,239$742,174$642,179$1,173,732
57$1,213,303$707,750$592,901$1,206,852
58$1,264,039$669,409$539,742$1,241,450
59$1,317,651$626,889$482,503$1,277,652
60$1,374,358$579,913$420,974$1,315,596
61$1,434,401$528,188$354,936$1,355,434
62$1,498,045$471,405$284,161$1,397,336
63$1,565,577$409,234$208,411$1,441,489
64$1,637,311$341,332$127,438$1,488,100
65$1,713,591$267,331$40,981$1,537,399
66$1,794,794$186,847$0$1,589,640
67$1,881,331$99,471$0$1,650,029
68$1,973,655$4,773$0$1,718,473
69$2,072,259$0$0$1,791,405
70$2,177,685$0$0$1,882,138
71$2,290,528$0$0$1,979,945
72$2,411,439$0$0$2,084,761
73$2,541,131$0$0$2,197,210
74$2,680,389$0$0$2,317,971
75$2,830,074$0$0$2,447,795
76$2,991,130$0$0$2,587,502
77$3,164,593$0$0$2,737,996
78$3,351,603$0$0$2,900,266
79$3,553,412$0$0$3,075,403
80$3,771,393$0$0$3,264,602
81$4,007,057$0$0$3,469,178
82$4,262,065$0$0$3,690,576
83$4,538,243$0$0$3,930,383
84$4,837,595$0$0$4,190,347
85$5,162,330$0$0$4,472,388
86$5,514,874$0$0$4,778,618
87$5,897,896$0$0$5,111,360
88$6,314,332$0$0$5,473,169
89$6,767,412$0$0$5,866,857
90$7,260,691$0$0$6,295,517
91$7,798,078$0$0$6,762,552
92$8,383,878$0$0$7,271,710
93$9,022,827$0$0$7,827,112
94$9,720,139$0$0$8,433,296
95$10,481,551$0$0$9,095,257
96$11,313,381$0$0$9,818,494
97$12,222,583$0$0$10,609,059
98$13,216,814$0$0$11,473,619
99$14,304,503$0$0$12,419,510
100$15,494,934$0$0$13,454,813