Can I retire at age 50 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$68,954$68,339$67,740$67,155$66,584$65,535
2 years$34,135$33,500$32,884$32,286$31,707$30,652
3 years$22,531$21,892$21,278$20,686$20,116$19,089
4 years$16,730$16,093$15,485$14,903$14,347$13,356
5 years$13,250$12,617$12,017$11,447$10,906$9,954
6 years$10,931$10,303$9,711$9,154$8,630$7,717
7 years$9,275$8,652$8,070$7,526$7,018$6,145
8 years$8,034$7,417$6,844$6,314$5,822$4,989
9 years$7,069$6,458$5,895$5,378$4,903$4,109
10 years$6,297$5,692$5,139$4,636$4,178$3,422
11 years$5,666$5,067$4,525$4,034$3,593$2,875
12 years$5,141$4,548$4,015$3,539$3,114$2,433
13 years$4,697$4,110$3,588$3,124$2,715$2,070
14 years$4,317$3,736$3,223$2,773$2,380$1,770
15 years$3,987$3,413$2,910$2,473$2,096$1,519
16 years$3,699$3,131$2,639$2,215$1,852$1,308
17 years$3,446$2,884$2,401$1,990$1,642$1,130
18 years$3,220$2,665$2,192$1,793$1,460$978
19 years$3,019$2,470$2,007$1,620$1,302$848
20 years$2,838$2,295$1,841$1,467$1,163$737
21 years$2,674$2,138$1,694$1,332$1,040$641
22 years$2,526$1,995$1,561$1,211$933$559
23 years$2,390$1,866$1,441$1,103$837$487
24 years$2,267$1,749$1,333$1,006$752$426
25 years$2,153$1,641$1,235$919$677$372
26 years$2,048$1,542$1,145$840$610$325
27 years$1,951$1,451$1,063$769$550$284
28 years$1,861$1,368$989$704$496$249
29 years$1,778$1,290$920$646$448$218
30 years$1,700$1,218$857$593$405$191
31 years$1,627$1,152$799$544$366$167
32 years$1,559$1,090$745$500$331$147
33 years$1,495$1,032$696$460$300$129
34 years$1,436$978$650$423$271$113
35 years$1,379$928$608$390$246$99
36 years$1,326$881$569$359$223$87
37 years$1,276$836$532$331$202$76
38 years$1,229$795$498$305$183$67
39 years$1,184$756$467$281$166$59
40 years$1,142$719$438$259$150$52
41 years$1,101$685$410$239$136$45
42 years$1,063$652$385$221$124$40
43 years$1,027$621$361$204$112$35
44 years$992$592$339$188$102$31
45 years$959$565$318$174$93$27
46 years$928$539$299$160$84$24
47 years$898$514$281$148$76$21
48 years$869$491$264$137$69$18
49 years$842$469$248$127$63$16
50 years$815$448$233$117$57$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $835,000, adding $5,611 every year, while hoping to spend $49,237 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: 36/36/28 Blend
49$835,000$835,000$835,000$835,000
50$925,958$881,703$868,760$951,345
51$968,018$872,518$845,476$961,533
52$1,012,717$861,234$819,761$967,669
53$1,060,274$847,694$791,483$973,348
54$1,110,926$831,735$760,502$978,562
55$1,164,934$813,183$726,672$983,307
56$1,222,582$791,854$689,840$987,583
57$1,284,183$767,552$649,847$991,394
58$1,350,079$740,072$606,527$994,750
59$1,420,647$709,195$559,705$997,667
60$1,496,298$674,690$509,200$1,000,168
61$1,577,483$636,313$454,821$1,002,286
62$1,664,699$593,806$396,371$1,004,063
63$1,758,490$546,894$333,641$1,005,551
64$1,859,454$495,289$266,415$1,006,816
65$1,968,246$438,686$194,468$1,007,938
66$2,085,587$376,762$117,563$1,009,012
67$2,212,270$309,176$35,454$1,010,153
68$2,349,163$235,568$0$1,011,496
69$2,497,224$155,557$0$1,028,785
70$2,657,503$68,741$0$1,058,935
71$2,831,156$0$0$1,091,641
72$3,019,453$0$0$1,137,259
73$3,223,791$0$0$1,216,415
74$3,445,707$0$0$1,302,484
75$3,686,891$0$0$1,396,134
76$3,949,201$0$0$1,498,102
77$4,234,684$0$0$1,609,197
78$4,545,590$0$0$1,730,310
79$4,884,396$0$0$1,862,421
80$5,253,827$0$0$2,006,610
81$5,656,884$0$0$2,164,063
82$6,096,869$0$0$2,336,090
83$6,577,416$0$0$2,524,129
84$7,102,526$0$0$2,729,765
85$7,676,606$0$0$2,954,743
86$8,304,505$0$0$3,200,986
87$8,991,564$0$0$3,470,608
88$9,743,663$0$0$3,765,940
89$10,567,276$0$0$4,089,548
90$11,469,536$0$0$4,444,257
91$12,458,295$0$0$4,833,181
92$13,542,202$0$0$5,259,746
93$14,730,782$0$0$5,727,729
94$16,034,526$0$0$6,241,288
95$17,464,990$0$0$6,805,003
96$19,034,901$0$0$7,423,922
97$20,758,281$0$0$8,103,602
98$22,650,574$0$0$8,850,166
99$24,728,790$0$0$9,670,359
100$27,011,673$0$0$10,571,613