Can I retire at age 50 with 835,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.5%
1 years$68,954$68,339$67,740$67,155$66,584$66,164
2 years$34,135$33,500$32,884$32,286$31,707$31,283
3 years$22,531$21,892$21,278$20,686$20,116$19,702
4 years$16,730$16,093$15,485$14,903$14,347$13,946
5 years$13,250$12,617$12,017$11,447$10,906$10,519
6 years$10,931$10,303$9,711$9,154$8,630$8,257
7 years$9,275$8,652$8,070$7,526$7,018$6,660
8 years$8,034$7,417$6,844$6,314$5,822$5,478
9 years$7,069$6,458$5,895$5,378$4,903$4,574
10 years$6,297$5,692$5,139$4,636$4,178$3,862
11 years$5,666$5,067$4,525$4,034$3,593$3,292
12 years$5,141$4,548$4,015$3,539$3,114$2,826
13 years$4,697$4,110$3,588$3,124$2,715$2,441
14 years$4,317$3,736$3,223$2,773$2,380$2,119
15 years$3,987$3,413$2,910$2,473$2,096$1,848
16 years$3,699$3,131$2,639$2,215$1,852$1,617
17 years$3,446$2,884$2,401$1,990$1,642$1,419
18 years$3,220$2,665$2,192$1,793$1,460$1,248
19 years$3,019$2,470$2,007$1,620$1,302$1,101
20 years$2,838$2,295$1,841$1,467$1,163$973
21 years$2,674$2,138$1,694$1,332$1,040$861
22 years$2,526$1,995$1,561$1,211$933$763
23 years$2,390$1,866$1,441$1,103$837$678
24 years$2,267$1,749$1,333$1,006$752$602
25 years$2,153$1,641$1,235$919$677$536
26 years$2,048$1,542$1,145$840$610$477
27 years$1,951$1,451$1,063$769$550$425
28 years$1,861$1,368$989$704$496$379
29 years$1,778$1,290$920$646$448$338
30 years$1,700$1,218$857$593$405$302
31 years$1,627$1,152$799$544$366$270
32 years$1,559$1,090$745$500$331$241
33 years$1,495$1,032$696$460$300$215
34 years$1,436$978$650$423$271$193
35 years$1,379$928$608$390$246$172
36 years$1,326$881$569$359$223$154
37 years$1,276$836$532$331$202$138
38 years$1,229$795$498$305$183$124
39 years$1,184$756$467$281$166$111
40 years$1,142$719$438$259$150$99
41 years$1,101$685$410$239$136$89
42 years$1,063$652$385$221$124$79
43 years$1,027$621$361$204$112$71
44 years$992$592$339$188$102$64
45 years$959$565$318$174$93$57
46 years$928$539$299$160$84$51
47 years$898$514$281$148$76$46
48 years$869$491$264$137$69$41
49 years$842$469$248$127$63$37
50 years$815$448$233$117$57$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $835,000, adding $4,975 every year, while hoping to spend $52,411 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: 62/29/9 Blend
49$835,000$835,000$835,000$835,000
50$925,302$881,047$868,104$980,560
51$963,918$868,453$841,421$1,005,531
52$1,004,716$853,486$812,087$1,026,266
53$1,047,863$835,973$779,958$1,047,576
54$1,093,543$815,733$744,885$1,069,517
55$1,141,954$792,574$706,708$1,092,152
56$1,193,314$766,291$665,264$1,115,553
57$1,247,862$736,669$620,380$1,139,801
58$1,305,858$703,480$571,877$1,164,989
59$1,367,587$666,482$519,566$1,191,219
60$1,433,361$625,420$463,252$1,218,610
61$1,503,522$580,024$402,729$1,247,294
62$1,578,444$530,008$337,783$1,277,420
63$1,658,538$475,070$268,190$1,309,156
64$1,744,252$414,892$193,718$1,342,691
65$1,836,080$349,136$114,122$1,378,236
66$1,934,563$277,446$29,148$1,416,029
67$2,040,294$199,447$0$1,456,337
68$2,153,924$114,740$0$1,505,367
69$2,276,169$22,907$0$1,560,915
70$2,407,813$0$0$1,620,581
71$2,549,718$0$0$1,709,224
72$2,702,830$0$0$1,812,802
73$2,868,191$0$0$1,924,716
74$3,046,944$0$0$2,045,746
75$3,240,345$0$0$2,176,749
76$3,449,775$0$0$2,318,669
77$3,676,752$0$0$2,472,541
78$3,922,947$0$0$2,639,505
79$4,190,195$0$0$2,820,814
80$4,480,517$0$0$3,017,847
81$4,796,133$0$0$3,232,121
82$5,139,489$0$0$3,465,305
83$5,513,272$0$0$3,719,233
84$5,920,442$0$0$3,995,927
85$6,364,256$0$0$4,297,610
86$6,848,296$0$0$4,626,728
87$7,376,507$0$0$4,985,975
88$7,953,230$0$0$5,378,317
89$8,583,246$0$0$5,807,015
90$9,271,814$0$0$6,275,665
91$10,024,729$0$0$6,788,221
92$10,848,368$0$0$7,349,040
93$11,749,753$0$0$7,962,918
94$12,736,617$0$0$8,635,136
95$13,817,475$0$0$9,371,510
96$15,001,705$0$0$10,178,446
97$16,299,634$0$0$11,062,996
98$17,722,637$0$0$12,032,931
99$19,283,239$0$0$13,096,807
100$20,995,239$0$0$14,264,048