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%11.9%
1 years$68,788$68,176$67,578$66,994$66,425$65,896
2 years$34,054$33,419$32,805$32,209$31,631$31,097
3 years$22,477$21,840$21,227$20,637$20,068$19,547
4 years$16,690$16,055$15,448$14,867$14,313$13,808
5 years$13,218$12,587$11,988$11,420$10,880$10,393
6 years$10,905$10,278$9,688$9,132$8,609$8,141
7 years$9,253$8,632$8,051$7,508$7,002$6,552
8 years$8,015$7,399$6,828$6,298$5,808$5,377
9 years$7,052$6,442$5,881$5,365$4,892$4,479
10 years$6,282$5,678$5,127$4,625$4,168$3,773
11 years$5,653$5,055$4,514$4,025$3,584$3,208
12 years$5,129$4,537$4,006$3,530$3,106$2,747
13 years$4,686$4,100$3,579$3,117$2,709$2,367
14 years$4,306$3,727$3,216$2,767$2,374$2,049
15 years$3,978$3,405$2,903$2,467$2,091$1,782
16 years$3,691$3,124$2,632$2,209$1,848$1,555
17 years$3,437$2,877$2,395$1,985$1,638$1,361
18 years$3,213$2,658$2,187$1,789$1,457$1,194
19 years$3,012$2,464$2,002$1,616$1,298$1,050
20 years$2,831$2,289$1,837$1,464$1,160$925
21 years$2,668$2,133$1,690$1,329$1,038$817
22 years$2,520$1,991$1,557$1,208$930$722
23 years$2,385$1,862$1,438$1,100$835$639
24 years$2,261$1,744$1,330$1,003$751$566
25 years$2,148$1,637$1,232$916$675$502
26 years$2,043$1,539$1,142$838$608$445
27 years$1,946$1,448$1,061$767$549$396
28 years$1,857$1,364$986$703$495$352
29 years$1,773$1,287$918$644$447$313
30 years$1,696$1,216$855$591$404$278
31 years$1,623$1,149$797$543$365$248
32 years$1,555$1,087$744$499$330$221
33 years$1,492$1,030$694$459$299$197
34 years$1,432$976$649$422$271$175
35 years$1,376$926$606$389$245$156
36 years$1,323$879$567$358$222$139
37 years$1,273$834$531$330$201$124
38 years$1,226$793$497$304$182$111
39 years$1,181$754$466$280$165$99
40 years$1,139$717$437$259$150$88
41 years$1,099$683$409$239$136$79
42 years$1,061$650$384$220$124$70
43 years$1,024$620$360$203$112$63
44 years$990$591$338$188$102$56
45 years$957$563$318$173$92$50
46 years$925$537$298$160$84$45
47 years$895$513$280$148$76$40
48 years$867$490$263$137$69$36
49 years$839$467$248$126$63$32
50 years$813$447$233$117$57$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $833,000, adding $6,349 every year, while hoping to spend $37,325 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: 48/41/11 Blend
49$833,000$833,000$833,000$833,000
50$924,515$880,366$867,454$965,808
51$979,102$883,790$856,801$998,309
52$1,038,006$886,132$844,539$1,029,171
53$1,101,628$887,297$830,576$1,061,832
54$1,170,408$887,189$814,815$1,096,472
55$1,244,831$885,702$797,152$1,133,292
56$1,325,428$882,727$777,482$1,172,512
57$1,412,786$878,144$755,691$1,214,379
58$1,507,547$871,831$731,664$1,259,166
59$1,610,420$863,654$705,278$1,307,178
60$1,722,183$853,472$676,405$1,358,751
61$1,843,692$841,138$644,910$1,414,260
62$1,975,888$826,494$610,655$1,474,118
63$2,119,809$809,373$573,492$1,538,786
64$2,276,596$789,598$533,270$1,608,774
65$2,447,502$766,982$489,828$1,684,647
66$2,633,909$741,326$442,999$1,767,031
67$2,837,338$712,421$392,610$1,856,622
68$3,059,462$680,045$338,478$1,954,187
69$3,302,123$643,963$280,413$2,060,580
70$3,567,349$603,927$218,216$2,176,743
71$3,857,374$559,674$151,681$2,303,722
72$4,174,654$510,927$80,591$2,442,672
73$4,521,898$457,392$4,720$2,594,874
74$4,902,086$398,758$0$2,761,745
75$5,318,500$334,698$0$2,953,801
76$5,774,755$264,867$0$3,165,000
77$6,274,831$188,897$0$3,396,735
78$6,823,114$106,402$0$3,651,160
79$7,424,431$16,975$0$3,930,653
80$8,084,102$0$0$4,237,841
81$8,807,983$0$0$4,611,639
82$9,602,529$0$0$5,030,427
83$10,474,846$0$0$5,490,307
84$11,432,765$0$0$5,995,418
85$12,484,910$0$0$6,550,321
86$13,640,784$0$0$7,160,041
87$14,910,852$0$0$7,830,111
88$16,306,647$0$0$8,566,631
89$17,840,871$0$0$9,376,318
90$19,527,522$0$0$10,266,574
91$21,382,017$0$0$11,245,553
92$23,421,346$0$0$12,322,239
93$25,664,225$0$0$13,506,530
94$28,131,275$0$0$14,809,333
95$30,845,217$0$0$16,242,664
96$33,831,085$0$0$17,819,762
97$37,116,461$0$0$19,555,215
98$40,731,734$0$0$21,465,096
99$44,710,392$0$0$23,567,116
100$49,089,330$0$0$25,880,787