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%17.1%
1 years$68,954$68,339$67,740$67,155$66,584$64,660
2 years$34,135$33,500$32,884$32,286$31,707$29,784
3 years$22,531$21,892$21,278$20,686$20,116$18,254
4 years$16,730$16,093$15,485$14,903$14,347$12,560
5 years$13,250$12,617$12,017$11,447$10,906$9,200
6 years$10,931$10,303$9,711$9,154$8,630$7,005
7 years$9,275$8,652$8,070$7,526$7,018$5,476
8 years$8,034$7,417$6,844$6,314$5,822$4,361
9 years$7,069$6,458$5,895$5,378$4,903$3,521
10 years$6,297$5,692$5,139$4,636$4,178$2,873
11 years$5,666$5,067$4,525$4,034$3,593$2,364
12 years$5,141$4,548$4,015$3,539$3,114$1,958
13 years$4,697$4,110$3,588$3,124$2,715$1,630
14 years$4,317$3,736$3,223$2,773$2,380$1,362
15 years$3,987$3,413$2,910$2,473$2,096$1,143
16 years$3,699$3,131$2,639$2,215$1,852$961
17 years$3,446$2,884$2,401$1,990$1,642$811
18 years$3,220$2,665$2,192$1,793$1,460$685
19 years$3,019$2,470$2,007$1,620$1,302$580
20 years$2,838$2,295$1,841$1,467$1,163$491
21 years$2,674$2,138$1,694$1,332$1,040$417
22 years$2,526$1,995$1,561$1,211$933$354
23 years$2,390$1,866$1,441$1,103$837$301
24 years$2,267$1,749$1,333$1,006$752$256
25 years$2,153$1,641$1,235$919$677$218
26 years$2,048$1,542$1,145$840$610$186
27 years$1,951$1,451$1,063$769$550$158
28 years$1,861$1,368$989$704$496$135
29 years$1,778$1,290$920$646$448$115
30 years$1,700$1,218$857$593$405$98
31 years$1,627$1,152$799$544$366$83
32 years$1,559$1,090$745$500$331$71
33 years$1,495$1,032$696$460$300$61
34 years$1,436$978$650$423$271$52
35 years$1,379$928$608$390$246$44
36 years$1,326$881$569$359$223$38
37 years$1,276$836$532$331$202$32
38 years$1,229$795$498$305$183$28
39 years$1,184$756$467$281$166$23
40 years$1,142$719$438$259$150$20
41 years$1,101$685$410$239$136$17
42 years$1,063$652$385$221$124$15
43 years$1,027$621$361$204$112$12
44 years$992$592$339$188$102$11
45 years$959$565$318$174$93$9
46 years$928$539$299$160$84$8
47 years$898$514$281$148$76$7
48 years$869$491$264$137$69$6
49 years$842$469$248$127$63$5
50 years$815$448$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 $835,000, adding $2,190 every year, while hoping to spend $53,949 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: 51/32/17 Blend
49$835,000$835,000$835,000$835,000
50$922,429$878,174$865,231$965,060
51$959,115$863,803$836,815$980,241
52$997,736$846,920$805,639$990,934
53$1,038,430$827,345$771,554$1,001,382
54$1,081,352$804,886$734,402$1,011,580
55$1,126,667$779,343$694,022$1,021,525
56$1,174,557$750,501$650,242$1,031,216
57$1,225,220$718,134$602,884$1,040,660
58$1,278,874$682,003$551,761$1,049,864
59$1,335,753$641,856$496,679$1,058,841
60$1,396,117$597,424$437,435$1,067,613
61$1,460,247$548,424$373,816$1,076,206
62$1,528,454$494,558$305,599$1,084,653
63$1,601,074$435,509$232,555$1,092,998
64$1,678,477$370,943$154,440$1,101,295
65$1,761,070$300,507$71,002$1,109,609
66$1,849,297$223,829$0$1,118,019
67$1,943,643$140,515$0$1,129,889
68$2,044,642$50,148$0$1,156,015
69$2,152,880$0$0$1,183,684
70$2,268,998$0$0$1,229,902
71$2,393,701$0$0$1,298,560
72$2,527,762$0$0$1,372,432
73$2,672,028$0$0$1,451,994
74$2,827,433$0$0$1,537,768
75$2,994,999$0$0$1,630,327
76$3,175,850$0$0$1,730,302
77$3,371,222$0$0$1,838,385
78$3,582,472$0$0$1,955,338
79$3,811,092$0$0$2,081,998
80$4,058,723$0$0$2,219,284
81$4,327,167$0$0$2,368,208
82$4,618,408$0$0$2,529,884
83$4,934,626$0$0$2,705,533
84$5,278,221$0$0$2,896,504
85$5,651,830$0$0$3,104,276
86$6,058,357$0$0$3,330,479
87$6,500,997$0$0$3,576,907
88$6,983,263$0$0$3,845,531
89$7,509,024$0$0$4,138,525
90$8,082,537$0$0$4,458,277
91$8,708,488$0$0$4,807,419
92$9,392,033$0$0$5,188,847
93$10,138,852$0$0$5,605,750
94$10,955,194$0$0$6,061,637
95$11,847,942$0$0$6,560,374
96$12,824,673$0$0$7,106,217
97$13,893,730$0$0$7,703,851
98$15,064,300$0$0$8,358,436
99$16,346,501$0$0$9,075,657
100$17,751,474$0$0$9,861,770