Can I retire at age 50 with 837,000?

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 $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%16.6%
1 years$69,119$68,503$67,902$67,316$66,744$64,946
2 years$34,217$33,580$32,962$32,363$31,783$29,984
3 years$22,585$21,945$21,329$20,736$20,164$18,421
4 years$16,770$16,132$15,522$14,939$14,381$12,708
5 years$13,282$12,648$12,046$11,474$10,932$9,332
6 years$10,957$10,328$9,735$9,176$8,650$7,126
7 years$9,297$8,673$8,090$7,544$7,035$5,586
8 years$8,053$7,434$6,861$6,329$5,836$4,461
9 years$7,086$6,473$5,909$5,391$4,915$3,613
10 years$6,312$5,706$5,152$4,647$4,188$2,958
11 years$5,680$5,079$4,535$4,044$3,602$2,441
12 years$5,153$4,559$4,025$3,547$3,121$2,028
13 years$4,708$4,120$3,596$3,132$2,722$1,694
14 years$4,327$3,745$3,231$2,780$2,386$1,421
15 years$3,997$3,421$2,917$2,479$2,101$1,196
16 years$3,708$3,139$2,645$2,220$1,857$1,010
17 years$3,454$2,891$2,407$1,995$1,646$855
18 years$3,228$2,671$2,197$1,797$1,464$725
19 years$3,026$2,476$2,011$1,624$1,305$616
20 years$2,845$2,300$1,846$1,471$1,165$524
21 years$2,681$2,143$1,698$1,335$1,043$446
22 years$2,532$2,000$1,565$1,214$935$380
23 years$2,396$1,871$1,445$1,105$839$325
24 years$2,272$1,753$1,336$1,008$754$277
25 years$2,158$1,645$1,238$921$679$237
26 years$2,053$1,546$1,148$842$611$203
27 years$1,956$1,455$1,066$771$551$173
28 years$1,865$1,371$991$706$497$148
29 years$1,782$1,293$922$647$449$127
30 years$1,704$1,221$859$594$406$109
31 years$1,631$1,155$801$546$367$93
32 years$1,563$1,093$747$502$332$80
33 years$1,499$1,035$698$461$300$68
34 years$1,439$981$652$424$272$59
35 years$1,383$930$609$391$246$50
36 years$1,329$883$570$360$223$43
37 years$1,279$838$534$331$202$37
38 years$1,232$797$500$306$183$32
39 years$1,187$758$468$282$166$27
40 years$1,144$721$439$260$151$23
41 years$1,104$686$411$240$137$20
42 years$1,066$654$386$221$124$17
43 years$1,029$623$362$204$113$15
44 years$994$594$340$189$102$13
45 years$961$566$319$174$93$11
46 years$930$540$300$161$84$9
47 years$900$515$282$149$77$8
48 years$871$492$265$137$70$7
49 years$844$470$249$127$63$6
50 years$817$449$234$117$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $837,000, adding $4,733 every year, while hoping to spend $21,985 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: 67/18/15 Blend
49$837,000$837,000$837,000$837,000
50$927,256$882,895$869,922$985,797
51$998,444$902,765$875,672$1,045,325
52$1,076,157$922,872$880,878$1,107,368
53$1,161,036$943,204$885,499$1,174,655
54$1,253,789$963,748$889,491$1,247,701
55$1,355,194$984,490$892,807$1,327,069
56$1,466,108$1,005,415$895,400$1,413,383
57$1,587,475$1,026,504$897,220$1,507,328
58$1,720,334$1,047,739$898,214$1,609,660
59$1,865,829$1,069,099$898,325$1,721,210
60$2,025,220$1,090,561$897,495$1,842,897
61$2,199,895$1,112,101$895,664$1,975,729
62$2,391,382$1,133,692$892,766$2,120,822
63$2,601,364$1,155,304$888,735$2,279,401
64$2,831,696$1,176,906$883,500$2,452,819
65$3,084,418$1,198,464$876,986$2,642,566
66$3,361,781$1,219,941$869,117$2,850,283
67$3,666,261$1,241,297$859,811$3,077,779
68$4,000,588$1,262,489$848,983$3,327,048
69$4,367,768$1,283,470$836,544$3,600,288
70$4,771,113$1,304,193$822,401$3,899,919
71$5,214,270$1,324,602$806,455$4,228,611
72$5,701,260$1,344,642$788,605$4,589,304
73$6,236,509$1,364,250$768,744$4,985,239
74$6,824,895$1,383,361$746,760$5,419,989
75$7,471,794$1,401,904$722,535$5,897,490
76$8,183,125$1,419,806$695,948$6,422,080
77$8,965,411$1,436,984$666,871$6,998,541
78$9,825,841$1,453,354$635,168$7,632,142
79$10,772,332$1,468,824$600,702$8,328,692
80$11,813,609$1,483,295$563,325$9,094,591
81$12,959,285$1,496,665$522,884$9,936,894
82$14,219,952$1,508,821$479,221$10,863,374
83$15,607,280$1,519,646$432,167$11,882,602
84$17,134,127$1,529,013$381,549$13,004,019
85$18,814,662$1,536,789$327,185$14,238,035
86$20,664,497$1,542,831$268,885$15,596,118
87$22,700,833$1,546,987$206,450$17,090,912
88$24,942,625$1,549,096$139,673$18,736,348
89$27,410,759$1,548,988$68,338$20,547,781
90$30,128,247$1,546,479$0$22,542,134
91$33,120,450$1,541,378$0$24,739,305
92$36,415,309$1,533,479$0$27,170,354
93$40,043,616$1,522,565$0$29,847,026
94$44,039,300$1,508,406$0$32,794,328
95$48,439,748$1,490,757$0$36,039,819
96$53,286,156$1,469,359$0$39,613,866
97$58,623,924$1,443,937$0$43,549,936
98$64,503,075$1,414,201$0$47,884,910
99$70,978,734$1,379,842$0$52,659,430
100$78,111,646$1,340,535$0$57,918,284