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%17.2%
1 years$68,788$68,176$67,578$66,994$66,425$64,479
2 years$34,054$33,419$32,805$32,209$31,631$29,687
3 years$22,477$21,840$21,227$20,637$20,068$18,186
4 years$16,690$16,055$15,448$14,867$14,313$12,507
5 years$13,218$12,587$11,988$11,420$10,880$9,156
6 years$10,905$10,278$9,688$9,132$8,609$6,968
7 years$9,253$8,632$8,051$7,508$7,002$5,444
8 years$8,015$7,399$6,828$6,298$5,808$4,333
9 years$7,052$6,442$5,881$5,365$4,892$3,496
10 years$6,282$5,678$5,127$4,625$4,168$2,851
11 years$5,653$5,055$4,514$4,025$3,584$2,344
12 years$5,129$4,537$4,006$3,530$3,106$1,940
13 years$4,686$4,100$3,579$3,117$2,709$1,614
14 years$4,306$3,727$3,216$2,767$2,374$1,348
15 years$3,978$3,405$2,903$2,467$2,091$1,130
16 years$3,691$3,124$2,632$2,209$1,848$950
17 years$3,437$2,877$2,395$1,985$1,638$801
18 years$3,213$2,658$2,187$1,789$1,457$676
19 years$3,012$2,464$2,002$1,616$1,298$572
20 years$2,831$2,289$1,837$1,464$1,160$484
21 years$2,668$2,133$1,690$1,329$1,038$410
22 years$2,520$1,991$1,557$1,208$930$348
23 years$2,385$1,862$1,438$1,100$835$296
24 years$2,261$1,744$1,330$1,003$751$251
25 years$2,148$1,637$1,232$916$675$214
26 years$2,043$1,539$1,142$838$608$182
27 years$1,946$1,448$1,061$767$549$155
28 years$1,857$1,364$986$703$495$132
29 years$1,773$1,287$918$644$447$112
30 years$1,696$1,216$855$591$404$96
31 years$1,623$1,149$797$543$365$82
32 years$1,555$1,087$744$499$330$69
33 years$1,492$1,030$694$459$299$59
34 years$1,432$976$649$422$271$51
35 years$1,376$926$606$389$245$43
36 years$1,323$879$567$358$222$37
37 years$1,273$834$531$330$201$31
38 years$1,226$793$497$304$182$27
39 years$1,181$754$466$280$165$23
40 years$1,139$717$437$259$150$19
41 years$1,099$683$409$239$136$17
42 years$1,061$650$384$220$124$14
43 years$1,024$620$360$203$112$12
44 years$990$591$338$188$102$10
45 years$957$563$318$173$92$9
46 years$925$537$298$160$84$7
47 years$895$513$280$148$76$6
48 years$867$490$263$137$69$5
49 years$839$467$248$126$63$5
50 years$813$447$233$117$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $833,000, adding $4,475 every year, while hoping to spend $32,374 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: 75/17/8 Blend
49$833,000$833,000$833,000$833,000
50$922,582$878,433$865,521$990,322
51$982,240$887,030$860,071$1,044,130
52$1,046,897$894,964$853,352$1,098,524
53$1,117,031$902,168$845,290$1,157,205
54$1,193,164$908,569$835,803$1,220,587
55$1,275,871$914,094$824,807$1,289,125
56$1,365,786$918,661$812,214$1,363,321
57$1,463,606$922,185$797,933$1,443,727
58$1,570,096$924,574$781,866$1,530,954
59$1,686,100$925,733$763,913$1,625,671
60$1,812,546$925,557$743,967$1,728,620
61$1,950,455$923,939$721,919$1,840,616
62$2,100,951$920,761$697,653$1,962,557
63$2,265,272$915,902$671,048$2,095,436
64$2,444,779$909,231$641,978$2,240,343
65$2,640,972$900,609$610,309$2,398,482
66$2,855,501$889,889$575,905$2,571,181
67$3,090,185$876,916$538,621$2,759,903
68$3,347,024$861,525$498,305$2,966,258
69$3,628,223$843,542$454,800$3,192,026
70$3,936,208$822,782$407,942$3,439,165
71$4,273,651$799,048$357,558$3,709,834
72$4,643,495$772,134$303,469$4,006,416
73$5,048,983$741,819$245,486$4,331,534
74$5,493,684$707,873$183,414$4,688,081
75$5,981,530$670,049$117,049$5,079,247
76$6,516,852$628,088$46,176$5,508,548
77$7,104,421$581,714$0$5,979,860
78$7,749,492$530,638$0$6,499,969
79$8,457,854$474,553$0$7,075,440
80$9,235,882$413,133$0$7,707,540
81$10,090,603$346,037$0$8,402,014
82$11,029,753$272,902$0$9,165,193
83$12,061,859$193,345$0$10,004,055
84$13,196,313$106,963$0$10,926,290
85$14,443,461$13,329$0$11,940,375
86$15,814,704$0$0$13,055,651
87$17,322,601$0$0$14,298,877
88$18,980,990$0$0$15,668,961
89$20,805,116$0$0$17,176,008
90$22,811,777$0$0$18,833,901
91$25,019,480$0$0$20,657,937
92$27,448,618$0$0$22,664,968
93$30,121,658$0$0$24,873,564
94$33,063,356$0$0$27,304,185
95$36,300,990$0$0$29,979,375
96$39,864,615$0$0$32,923,975
97$43,787,350$0$0$36,165,355
98$48,105,684$0$0$39,733,674
99$52,859,828$0$0$43,662,165
100$58,094,086$0$0$47,987,445