Can I retire at age 50 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$69,036$68,421$67,821$67,236$66,664$64,324
2 years$34,176$33,540$32,923$32,325$31,745$29,412
3 years$22,558$21,919$21,303$20,711$20,140$17,888
4 years$16,750$16,113$15,503$14,921$14,364$12,209
5 years$13,266$12,632$12,031$11,461$10,919$8,868
6 years$10,944$10,315$9,723$9,165$8,640$6,693
7 years$9,286$8,663$8,080$7,535$7,027$5,184
8 years$8,043$7,426$6,852$6,321$5,829$4,090
9 years$7,077$6,465$5,902$5,384$4,909$3,270
10 years$6,305$5,699$5,145$4,641$4,183$2,642
11 years$5,673$5,073$4,530$4,039$3,597$2,151
12 years$5,147$4,554$4,020$3,543$3,117$1,763
13 years$4,703$4,115$3,592$3,128$2,718$1,452
14 years$4,322$3,741$3,227$2,777$2,383$1,200
15 years$3,992$3,417$2,914$2,476$2,098$995
16 years$3,704$3,135$2,642$2,217$1,854$828
17 years$3,450$2,887$2,404$1,992$1,644$690
18 years$3,224$2,668$2,194$1,795$1,462$576
19 years$3,023$2,473$2,009$1,622$1,303$482
20 years$2,841$2,298$1,844$1,469$1,164$403
21 years$2,678$2,140$1,696$1,333$1,042$338
22 years$2,529$1,998$1,563$1,212$934$283
23 years$2,393$1,869$1,443$1,104$838$238
24 years$2,269$1,751$1,335$1,007$753$200
25 years$2,155$1,643$1,236$920$678$168
26 years$2,050$1,544$1,146$841$611$141
27 years$1,953$1,453$1,065$770$550$119
28 years$1,863$1,369$990$705$497$100
29 years$1,780$1,292$921$647$449$84
30 years$1,702$1,220$858$594$405$71
31 years$1,629$1,153$800$545$366$59
32 years$1,561$1,091$746$501$331$50
33 years$1,497$1,033$697$461$300$42
34 years$1,437$979$651$424$272$35
35 years$1,381$929$609$390$246$30
36 years$1,328$882$569$359$223$25
37 years$1,278$837$533$331$202$21
38 years$1,230$796$499$305$183$18
39 years$1,185$757$468$281$166$15
40 years$1,143$720$438$260$151$13
41 years$1,103$685$411$239$137$11
42 years$1,064$653$385$221$124$9
43 years$1,028$622$362$204$113$8
44 years$993$593$340$188$102$6
45 years$960$565$319$174$93$5
46 years$929$539$299$161$84$5
47 years$899$515$281$148$76$4
48 years$870$491$264$137$69$3
49 years$843$469$248$127$63$3
50 years$816$448$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $836,000, adding $6,886 every year, while hoping to spend $47,428 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: 88/5/7 Blend
49$836,000$836,000$836,000$836,000
50$928,375$884,067$871,109$1,009,019
51$972,606$876,923$849,828$1,055,441
52$1,019,759$867,840$826,245$1,099,137
53$1,070,083$856,672$800,232$1,145,625
54$1,123,847$843,265$771,656$1,195,154
55$1,181,352$827,457$740,378$1,247,992
56$1,242,922$809,075$706,253$1,304,438
57$1,308,916$787,935$669,129$1,364,817
58$1,379,727$763,845$628,846$1,429,490
59$1,455,785$736,600$585,239$1,498,851
60$1,537,565$705,983$538,133$1,573,336
61$1,625,584$671,764$487,348$1,653,424
62$1,720,414$633,700$432,695$1,739,641
63$1,822,680$591,536$373,974$1,832,566
64$1,933,072$544,999$310,981$1,932,840
65$2,052,344$493,803$243,498$2,041,163
66$2,181,328$437,645$171,300$2,158,310
67$2,320,938$376,204$94,152$2,285,133
68$2,472,177$309,141$11,810$2,422,571
69$2,636,149$236,099$0$2,571,656
70$2,814,068$156,699$0$2,739,210
71$3,007,269$70,544$0$2,922,113
72$3,217,221$0$0$3,120,887
73$3,445,540$0$0$3,338,327
74$3,694,002$0$0$3,579,181
75$3,964,563$0$0$3,841,462
76$4,259,375$0$0$4,127,258
77$4,580,807$0$0$4,438,865
78$4,931,464$0$0$4,778,811
79$5,314,216$0$0$5,149,878
80$5,732,221$0$0$5,555,127
81$6,188,954$0$0$5,997,931
82$6,688,244$0$0$6,482,000
83$7,234,304$0$0$7,011,422
84$7,831,774$0$0$7,590,694
85$8,485,762$0$0$8,224,772
86$9,201,894$0$0$8,919,110
87$9,986,364$0$0$9,679,716
88$10,845,996$0$0$10,513,206
89$11,788,303$0$0$11,426,866
90$12,821,559$0$0$12,428,720
91$13,954,880$0$0$13,527,608
92$15,198,302$0$0$14,733,263
93$16,562,885$0$0$16,056,410
94$18,060,808$0$0$17,508,858
95$19,705,486$0$0$19,103,619
96$21,511,700$0$0$20,855,025
97$23,495,730$0$0$22,778,863
98$25,675,510$0$0$24,892,527
99$28,070,799$0$0$27,215,176
100$30,703,365$0$0$29,767,920