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%19.2%
1 years$69,036$68,421$67,821$67,236$66,664$64,196
2 years$34,176$33,540$32,923$32,325$31,745$29,287
3 years$22,558$21,919$21,303$20,711$20,140$17,769
4 years$16,750$16,113$15,503$14,921$14,364$12,098
5 years$13,266$12,632$12,031$11,461$10,919$8,764
6 years$10,944$10,315$9,723$9,165$8,640$6,597
7 years$9,286$8,663$8,080$7,535$7,027$5,095
8 years$8,043$7,426$6,852$6,321$5,829$4,007
9 years$7,077$6,465$5,902$5,384$4,909$3,195
10 years$6,305$5,699$5,145$4,641$4,183$2,573
11 years$5,673$5,073$4,530$4,039$3,597$2,088
12 years$5,147$4,554$4,020$3,543$3,117$1,705
13 years$4,703$4,115$3,592$3,128$2,718$1,399
14 years$4,322$3,741$3,227$2,777$2,383$1,153
15 years$3,992$3,417$2,914$2,476$2,098$953
16 years$3,704$3,135$2,642$2,217$1,854$790
17 years$3,450$2,887$2,404$1,992$1,644$656
18 years$3,224$2,668$2,194$1,795$1,462$545
19 years$3,023$2,473$2,009$1,622$1,303$454
20 years$2,841$2,298$1,844$1,469$1,164$379
21 years$2,678$2,140$1,696$1,333$1,042$316
22 years$2,529$1,998$1,563$1,212$934$264
23 years$2,393$1,869$1,443$1,104$838$221
24 years$2,269$1,751$1,335$1,007$753$185
25 years$2,155$1,643$1,236$920$678$155
26 years$2,050$1,544$1,146$841$611$129
27 years$1,953$1,453$1,065$770$550$108
28 years$1,863$1,369$990$705$497$91
29 years$1,780$1,292$921$647$449$76
30 years$1,702$1,220$858$594$405$64
31 years$1,629$1,153$800$545$366$53
32 years$1,561$1,091$746$501$331$45
33 years$1,497$1,033$697$461$300$38
34 years$1,437$979$651$424$272$32
35 years$1,381$929$609$390$246$26
36 years$1,328$882$569$359$223$22
37 years$1,278$837$533$331$202$19
38 years$1,230$796$499$305$183$16
39 years$1,185$757$468$281$166$13
40 years$1,143$720$438$260$151$11
41 years$1,103$685$411$239$137$9
42 years$1,064$653$385$221$124$8
43 years$1,028$622$362$204$113$6
44 years$993$593$340$188$102$5
45 years$960$565$319$174$93$5
46 years$929$539$299$161$84$4
47 years$899$515$281$148$76$3
48 years$870$491$264$137$69$3
49 years$843$469$248$127$63$2
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 $5,833 every year, while hoping to spend $50,621 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: 66/8/26 Blend
49$836,000$836,000$836,000$836,000
50$927,289$882,981$870,023$981,838
51$968,012$872,386$845,308$1,008,714
52$1,011,192$859,576$818,069$1,031,861
53$1,057,027$844,389$788,167$1,056,028
54$1,105,731$826,652$755,459$1,081,318
55$1,157,542$806,183$719,792$1,107,848
56$1,212,716$782,791$681,011$1,135,747
57$1,271,537$756,272$638,948$1,165,159
58$1,334,314$726,410$593,433$1,196,245
59$1,401,386$692,976$544,286$1,229,185
60$1,473,126$655,730$491,317$1,264,177
61$1,549,940$614,416$434,332$1,301,445
62$1,632,275$568,764$373,123$1,341,236
63$1,720,623$518,489$307,478$1,383,825
64$1,815,520$463,288$237,172$1,429,518
65$1,917,557$402,844$161,972$1,478,655
66$2,027,384$336,819$81,634$1,531,615
67$2,145,711$264,857$0$1,588,817
68$2,273,320$186,582$0$1,651,864
69$2,411,072$101,597$0$1,744,379
70$2,559,909$9,483$0$1,844,342
71$2,720,869$0$0$1,952,468
72$2,895,092$0$0$2,077,489
73$3,083,832$0$0$2,213,876
74$3,288,467$0$0$2,361,796
75$3,510,512$0$0$2,522,349
76$3,751,634$0$0$2,696,749
77$4,013,667$0$0$2,886,326
78$4,298,627$0$0$3,092,547
79$4,608,733$0$0$3,317,025
80$4,946,428$0$0$3,561,534
81$5,314,396$0$0$3,828,027
82$5,715,596$0$0$4,118,655
83$6,153,280$0$0$4,435,781
84$6,631,031$0$0$4,782,011
85$7,152,791$0$0$5,160,210
86$7,722,901$0$0$5,573,535
87$8,346,139$0$0$6,025,458
88$9,027,765$0$0$6,519,805
89$9,773,572$0$0$7,060,788
90$10,589,938$0$0$7,653,044
91$11,483,886$0$0$8,301,680
92$12,463,151$0$0$9,012,320
93$13,536,251$0$0$9,791,156
94$14,712,564$0$0$10,645,011
95$16,002,424$0$0$11,581,396
96$17,417,209$0$0$12,608,587
97$18,969,452$0$0$13,735,696
98$20,672,957$0$0$14,972,763
99$22,542,932$0$0$16,330,845
100$24,596,126$0$0$17,822,124