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%14.8%
1 years$69,119$68,503$67,902$67,316$66,744$65,423
2 years$34,217$33,580$32,962$32,363$31,783$30,458
3 years$22,585$21,945$21,329$20,736$20,164$18,876
4 years$16,770$16,132$15,522$14,939$14,381$13,140
5 years$13,282$12,648$12,046$11,474$10,932$9,742
6 years$10,957$10,328$9,735$9,176$8,650$7,512
7 years$9,297$8,673$8,090$7,544$7,035$5,948
8 years$8,053$7,434$6,861$6,329$5,836$4,801
9 years$7,086$6,473$5,909$5,391$4,915$3,931
10 years$6,312$5,706$5,152$4,647$4,188$3,254
11 years$5,680$5,079$4,535$4,044$3,602$2,717
12 years$5,153$4,559$4,025$3,547$3,121$2,284
13 years$4,708$4,120$3,596$3,132$2,722$1,931
14 years$4,327$3,745$3,231$2,780$2,386$1,640
15 years$3,997$3,421$2,917$2,479$2,101$1,398
16 years$3,708$3,139$2,645$2,220$1,857$1,195
17 years$3,454$2,891$2,407$1,995$1,646$1,025
18 years$3,228$2,671$2,197$1,797$1,464$881
19 years$3,026$2,476$2,011$1,624$1,305$758
20 years$2,845$2,300$1,846$1,471$1,165$654
21 years$2,681$2,143$1,698$1,335$1,043$565
22 years$2,532$2,000$1,565$1,214$935$488
23 years$2,396$1,871$1,445$1,105$839$423
24 years$2,272$1,753$1,336$1,008$754$366
25 years$2,158$1,645$1,238$921$679$317
26 years$2,053$1,546$1,148$842$611$275
27 years$1,956$1,455$1,066$771$551$239
28 years$1,865$1,371$991$706$497$207
29 years$1,782$1,293$922$647$449$180
30 years$1,704$1,221$859$594$406$157
31 years$1,631$1,155$801$546$367$136
32 years$1,563$1,093$747$502$332$118
33 years$1,499$1,035$698$461$300$103
34 years$1,439$981$652$424$272$90
35 years$1,383$930$609$391$246$78
36 years$1,329$883$570$360$223$68
37 years$1,279$838$534$331$202$59
38 years$1,232$797$500$306$183$51
39 years$1,187$758$468$282$166$45
40 years$1,144$721$439$260$151$39
41 years$1,104$686$411$240$137$34
42 years$1,066$654$386$221$124$29
43 years$1,029$623$362$204$113$26
44 years$994$594$340$189$102$22
45 years$961$566$319$174$93$19
46 years$930$540$300$161$84$17
47 years$900$515$282$149$77$15
48 years$871$492$265$137$70$13
49 years$844$470$249$127$63$11
50 years$817$449$234$117$57$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $837,000, adding $4,341 every year, while hoping to spend $46,326 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: 75/18/7 Blend
49$837,000$837,000$837,000$837,000
50$926,852$882,491$869,517$995,188
51$972,100$876,442$849,356$1,034,698
52$1,020,411$868,545$826,966$1,071,652
53$1,072,048$858,659$802,224$1,110,814
54$1,127,301$846,636$775,002$1,152,386
55$1,186,484$832,321$745,164$1,196,589
56$1,249,947$815,546$712,569$1,243,670
57$1,318,070$796,136$677,068$1,293,899
58$1,391,272$773,905$638,508$1,347,577
59$1,470,011$748,655$596,727$1,405,033
60$1,554,791$720,179$551,557$1,466,634
61$1,646,166$688,254$502,820$1,532,781
62$1,744,745$652,648$450,334$1,603,922
63$1,851,194$613,113$393,906$1,680,546
64$1,966,249$569,389$333,335$1,763,198
65$2,090,715$521,198$268,411$1,852,477
66$2,225,481$468,249$198,915$1,949,045
67$2,371,519$410,233$124,618$2,053,634
68$2,529,904$346,824$45,283$2,167,050
69$2,701,813$277,677$0$2,290,185
70$2,888,544$202,429$0$2,426,966
71$3,091,522$120,695$0$2,579,337
72$3,312,317$32,069$0$2,745,134
73$3,552,655$0$0$2,925,702
74$3,814,436$0$0$3,135,179
75$4,099,749$0$0$3,370,441
76$4,410,897$0$0$3,627,037
77$4,750,410$0$0$3,907,059
78$5,121,075$0$0$4,212,811
79$5,525,962$0$0$4,546,828
80$5,968,447$0$0$4,911,899
81$6,452,248$0$0$5,311,099
82$6,981,461$0$0$5,747,810
83$7,560,592$0$0$6,225,758
84$8,194,606$0$0$6,749,044
85$8,888,969$0$0$7,322,185
86$9,649,700$0$0$7,950,155
87$10,483,428$0$0$8,638,434
88$11,397,454$0$0$9,393,054
89$12,399,819$0$0$10,220,660
90$13,499,381$0$0$11,128,573
91$14,705,893$0$0$12,124,852
92$16,030,101$0$0$13,218,378
93$17,483,841$0$0$14,418,933
94$19,080,150$0$0$15,737,292
95$20,833,391$0$0$17,185,323
96$22,759,385$0$0$18,776,103
97$24,875,562$0$0$20,524,036
98$27,201,122$0$0$22,444,989
99$29,757,219$0$0$24,556,447
100$32,567,159$0$0$26,877,668