Can I retire at age 50 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$69,119$68,503$67,902$67,316$66,744$66,434
2 years$34,217$33,580$32,962$32,363$31,783$31,471
3 years$22,585$21,945$21,329$20,736$20,164$19,859
4 years$16,770$16,132$15,522$14,939$14,381$14,085
5 years$13,282$12,648$12,046$11,474$10,932$10,646
6 years$10,957$10,328$9,735$9,176$8,650$8,375
7 years$9,297$8,673$8,090$7,544$7,035$6,770
8 years$8,053$7,434$6,861$6,329$5,836$5,581
9 years$7,086$6,473$5,909$5,391$4,915$4,671
10 years$6,312$5,706$5,152$4,647$4,188$3,954
11 years$5,680$5,079$4,535$4,044$3,602$3,378
12 years$5,153$4,559$4,025$3,547$3,121$2,907
13 years$4,708$4,120$3,596$3,132$2,722$2,518
14 years$4,327$3,745$3,231$2,780$2,386$2,191
15 years$3,997$3,421$2,917$2,479$2,101$1,916
16 years$3,708$3,139$2,645$2,220$1,857$1,681
17 years$3,454$2,891$2,407$1,995$1,646$1,479
18 years$3,228$2,671$2,197$1,797$1,464$1,305
19 years$3,026$2,476$2,011$1,624$1,305$1,154
20 years$2,845$2,300$1,846$1,471$1,165$1,023
21 years$2,681$2,143$1,698$1,335$1,043$908
22 years$2,532$2,000$1,565$1,214$935$807
23 years$2,396$1,871$1,445$1,105$839$719
24 years$2,272$1,753$1,336$1,008$754$641
25 years$2,158$1,645$1,238$921$679$572
26 years$2,053$1,546$1,148$842$611$511
27 years$1,956$1,455$1,066$771$551$457
28 years$1,865$1,371$991$706$497$408
29 years$1,782$1,293$922$647$449$366
30 years$1,704$1,221$859$594$406$327
31 years$1,631$1,155$801$546$367$293
32 years$1,563$1,093$747$502$332$263
33 years$1,499$1,035$698$461$300$236
34 years$1,439$981$652$424$272$212
35 years$1,383$930$609$391$246$190
36 years$1,329$883$570$360$223$171
37 years$1,279$838$534$331$202$153
38 years$1,232$797$500$306$183$138
39 years$1,187$758$468$282$166$124
40 years$1,144$721$439$260$151$111
41 years$1,104$686$411$240$137$100
42 years$1,066$654$386$221$124$90
43 years$1,029$623$362$204$113$81
44 years$994$594$340$189$102$73
45 years$961$566$319$174$93$65
46 years$930$540$300$161$84$59
47 years$900$515$282$149$77$53
48 years$871$492$265$137$70$47
49 years$844$470$249$127$63$43
50 years$817$449$234$117$57$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $837,000, adding $5,409 every year, while hoping to spend $55,437 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: 23/48/29 Blend
49$837,000$837,000$837,000$837,000
50$927,953$883,592$870,619$940,727
51$963,620$867,904$840,800$936,591
52$1,001,067$849,589$808,124$927,172
53$1,040,417$828,459$772,437$915,919
54$1,081,803$804,318$733,578$902,718
55$1,125,372$776,954$691,378$887,451
56$1,171,281$746,146$645,660$869,992
57$1,219,703$711,659$596,242$850,211
58$1,270,827$673,244$542,929$827,975
59$1,324,856$630,638$485,523$803,141
60$1,382,016$583,564$423,812$775,565
61$1,442,549$531,726$357,577$745,094
62$1,506,723$474,815$286,590$711,572
63$1,574,829$412,501$210,611$674,834
64$1,647,187$344,439$129,392$634,713
65$1,724,144$270,260$42,671$591,035
66$1,806,083$189,579$0$543,619
67$1,893,421$101,986$0$507,714
68$1,986,615$7,049$0$482,791
69$2,086,168$0$0$455,528
70$2,192,627$0$0$476,364
71$2,306,596$0$0$502,750
72$2,428,736$0$0$531,128
73$2,559,769$0$0$561,680
74$2,700,492$0$0$594,603
75$2,851,777$0$0$630,117
76$3,014,582$0$0$668,462
77$3,189,959$0$0$709,901
78$3,379,062$0$0$754,724
79$3,583,162$0$0$803,251
80$3,803,652$0$0$855,831
81$4,042,064$0$0$912,849
82$4,300,084$0$0$974,730
83$4,579,562$0$0$1,041,938
84$4,882,534$0$0$1,114,988
85$5,211,239$0$0$1,194,441
86$5,568,138$0$0$1,280,919
87$5,955,939$0$0$1,375,104
88$6,377,622$0$0$1,477,748
89$6,836,463$0$0$1,589,676
90$7,336,068$0$0$1,711,798
91$7,880,404$0$0$1,845,116
92$8,473,839$0$0$1,990,732
93$9,121,177$0$0$2,149,860
94$9,827,709$0$0$2,323,834
95$10,599,257$0$0$2,514,127
96$11,442,229$0$0$2,722,358
97$12,363,683$0$0$2,950,309
98$13,371,387$0$0$3,199,945
99$14,473,895$0$0$3,473,428
100$15,680,626$0$0$3,773,139