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%19.6%
1 years$69,036$68,421$67,821$67,236$66,664$64,095
2 years$34,176$33,540$32,923$32,325$31,745$29,187
3 years$22,558$21,919$21,303$20,711$20,140$17,674
4 years$16,750$16,113$15,503$14,921$14,364$12,009
5 years$13,266$12,632$12,031$11,461$10,919$8,681
6 years$10,944$10,315$9,723$9,165$8,640$6,520
7 years$9,286$8,663$8,080$7,535$7,027$5,024
8 years$8,043$7,426$6,852$6,321$5,829$3,942
9 years$7,077$6,465$5,902$5,384$4,909$3,135
10 years$6,305$5,699$5,145$4,641$4,183$2,518
11 years$5,673$5,073$4,530$4,039$3,597$2,039
12 years$5,147$4,554$4,020$3,543$3,117$1,660
13 years$4,703$4,115$3,592$3,128$2,718$1,359
14 years$4,322$3,741$3,227$2,777$2,383$1,116
15 years$3,992$3,417$2,914$2,476$2,098$920
16 years$3,704$3,135$2,642$2,217$1,854$760
17 years$3,450$2,887$2,404$1,992$1,644$629
18 years$3,224$2,668$2,194$1,795$1,462$522
19 years$3,023$2,473$2,009$1,622$1,303$433
20 years$2,841$2,298$1,844$1,469$1,164$360
21 years$2,678$2,140$1,696$1,333$1,042$300
22 years$2,529$1,998$1,563$1,212$934$250
23 years$2,393$1,869$1,443$1,104$838$208
24 years$2,269$1,751$1,335$1,007$753$174
25 years$2,155$1,643$1,236$920$678$145
26 years$2,050$1,544$1,146$841$611$121
27 years$1,953$1,453$1,065$770$550$101
28 years$1,863$1,369$990$705$497$84
29 years$1,780$1,292$921$647$449$70
30 years$1,702$1,220$858$594$405$59
31 years$1,629$1,153$800$545$366$49
32 years$1,561$1,091$746$501$331$41
33 years$1,497$1,033$697$461$300$34
34 years$1,437$979$651$424$272$29
35 years$1,381$929$609$390$246$24
36 years$1,328$882$569$359$223$20
37 years$1,278$837$533$331$202$17
38 years$1,230$796$499$305$183$14
39 years$1,185$757$468$281$166$12
40 years$1,143$720$438$260$151$10
41 years$1,103$685$411$239$137$8
42 years$1,064$653$385$221$124$7
43 years$1,028$622$362$204$113$6
44 years$993$593$340$188$102$5
45 years$960$565$319$174$93$4
46 years$929$539$299$161$84$3
47 years$899$515$281$148$76$3
48 years$870$491$264$137$69$2
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 $6,014 every year, while hoping to spend $32,140 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: 67/9/24 Blend
49$836,000$836,000$836,000$836,000
50$927,475$883,167$870,209$983,518
51$987,881$892,246$865,165$1,030,987
52$1,053,371$900,692$858,874$1,078,665
53$1,124,430$908,441$851,261$1,130,064
54$1,201,591$915,423$842,247$1,185,551
55$1,285,440$921,566$831,749$1,245,531
56$1,376,622$926,790$819,680$1,310,453
57$1,475,846$931,012$805,948$1,380,808
58$1,583,894$934,143$790,459$1,457,143
59$1,701,625$936,089$773,113$1,540,058
60$1,829,983$936,750$753,805$1,630,215
61$1,970,010$936,020$732,426$1,728,346
62$2,122,851$933,785$708,863$1,835,257
63$2,289,767$929,925$682,994$1,951,839
64$2,472,145$924,313$654,696$2,079,074
65$2,671,514$916,814$623,839$2,218,044
66$2,889,555$907,285$590,284$2,369,944
67$3,128,121$895,574$553,890$2,536,093
68$3,389,252$881,519$514,508$2,717,944
69$3,675,193$864,951$471,981$2,917,100
70$3,988,417$845,688$426,147$3,135,331
71$4,331,649$823,540$376,836$3,374,587
72$4,707,887$798,303$323,870$3,637,021
73$5,120,435$769,764$267,063$3,925,004
74$5,572,932$737,695$206,223$4,241,154
75$6,069,386$701,856$141,145$4,588,358
76$6,614,210$661,994$71,621$4,969,798
77$7,212,267$617,840$0$5,388,985
78$7,868,913$569,109$0$5,850,449
79$8,590,049$515,502$0$6,377,415
80$9,382,173$456,701$0$6,956,292
81$10,252,447$392,371$0$7,592,333
82$11,208,757$322,157$0$8,291,329
83$12,259,793$245,686$0$9,059,660
84$13,415,128$162,561$0$9,904,357
85$14,685,310$72,366$0$10,833,167
86$16,081,959$0$0$11,854,627
87$17,617,877$0$0$12,980,655
88$19,307,168$0$0$14,227,065
89$21,165,373$0$0$15,598,164
90$23,209,615$0$0$17,106,594
91$25,458,758$0$0$18,766,282
92$27,933,590$0$0$20,592,575
93$30,657,013$0$0$22,602,381
94$33,654,262$0$0$24,814,334
95$36,953,143$0$0$27,248,960
96$40,584,294$0$0$29,928,880
97$44,581,473$0$0$32,879,019
98$48,981,877$0$0$36,126,840
99$53,826,496$0$0$39,702,605
100$59,160,492$0$0$43,639,658