Can I retire at age 50 with 842,000?

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 $842,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$69,532$68,912$68,308$67,718$67,142$65,307
2 years$34,422$33,781$33,159$32,557$31,973$30,137
3 years$22,720$22,076$21,456$20,859$20,285$18,506
4 years$16,870$16,228$15,615$15,028$14,467$12,760
5 years$13,361$12,723$12,118$11,543$10,998$9,366
6 years$11,023$10,389$9,793$9,231$8,702$7,147
7 years$9,353$8,725$8,138$7,589$7,077$5,599
8 years$8,101$7,479$6,902$6,367$5,871$4,470
9 years$7,128$6,512$5,944$5,423$4,944$3,618
10 years$6,350$5,740$5,182$4,675$4,213$2,960
11 years$5,714$5,110$4,562$4,068$3,623$2,441
12 years$5,184$4,586$4,049$3,568$3,140$2,027
13 years$4,736$4,145$3,618$3,150$2,738$1,692
14 years$4,353$3,767$3,250$2,797$2,400$1,418
15 years$4,021$3,442$2,935$2,494$2,113$1,193
16 years$3,730$3,158$2,661$2,233$1,868$1,007
17 years$3,474$2,908$2,421$2,006$1,656$851
18 years$3,247$2,687$2,210$1,808$1,472$721
19 years$3,044$2,490$2,023$1,634$1,312$612
20 years$2,862$2,314$1,857$1,480$1,172$521
21 years$2,697$2,156$1,708$1,343$1,049$443
22 years$2,547$2,012$1,574$1,221$940$377
23 years$2,411$1,882$1,453$1,112$844$322
24 years$2,286$1,763$1,344$1,014$759$275
25 years$2,171$1,655$1,245$926$683$235
26 years$2,065$1,555$1,155$847$615$200
27 years$1,967$1,464$1,072$775$554$171
28 years$1,877$1,379$997$710$500$146
29 years$1,792$1,301$928$651$452$125
30 years$1,714$1,229$864$598$408$107
31 years$1,641$1,162$806$549$369$92
32 years$1,572$1,099$752$505$334$78
33 years$1,508$1,041$702$464$302$67
34 years$1,448$986$656$427$274$57
35 years$1,391$936$613$393$248$49
36 years$1,337$888$573$362$224$42
37 years$1,287$843$537$333$203$36
38 years$1,239$802$503$307$184$31
39 years$1,194$762$471$283$167$26
40 years$1,151$725$441$261$152$23
41 years$1,111$690$414$241$138$19
42 years$1,072$657$388$223$125$17
43 years$1,035$626$364$205$113$14
44 years$1,000$597$342$190$103$12
45 years$967$569$321$175$93$10
46 years$935$543$302$162$85$9
47 years$905$518$283$150$77$8
48 years$876$495$266$138$70$7
49 years$849$473$250$128$64$6
50 years$822$451$235$118$58$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $842,000, adding $4,413 every year, while hoping to spend $59,650 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: 36/36/28 Blend
49$842,000$842,000$842,000$842,000
50$932,436$887,810$874,759$958,036
51$964,077$867,846$840,596$957,499
52$996,947$844,904$803,290$951,207
53$1,031,107$818,775$762,672$943,269
54$1,066,624$789,240$718,565$933,578
55$1,103,570$756,063$670,787$922,020
56$1,142,021$718,997$619,146$908,477
57$1,182,059$677,780$563,439$892,824
58$1,223,774$632,135$503,459$874,932
59$1,267,259$581,770$438,985$854,665
60$1,312,617$526,375$369,789$831,879
61$1,359,959$465,622$295,632$806,427
62$1,409,404$399,167$216,265$778,153
63$1,461,081$326,643$131,427$746,895
64$1,515,127$247,665$40,846$712,484
65$1,571,694$161,825$0$674,743
66$1,630,945$68,692$0$650,166
67$1,693,056$0$0$635,992
68$1,758,219$0$0$632,651
69$1,826,641$0$0$657,752
70$1,898,549$0$0$684,171
71$1,974,186$0$0$712,004
72$2,053,822$0$0$741,354
73$2,137,746$0$0$772,335
74$2,226,275$0$0$805,070
75$2,319,753$0$0$839,694
76$2,418,559$0$0$876,353
77$2,523,101$0$0$915,208
78$2,633,829$0$0$956,435
79$2,751,232$0$0$1,000,224
80$2,875,846$0$0$1,046,787
81$3,008,257$0$0$1,096,352
82$3,149,104$0$0$1,149,171
83$3,299,088$0$0$1,205,518
84$3,458,978$0$0$1,265,696
85$3,629,613$0$0$1,330,034
86$3,811,914$0$0$1,398,894
87$4,006,890$0$0$1,472,674
88$4,215,648$0$0$1,551,809
89$4,439,401$0$0$1,636,777
90$4,679,480$0$0$1,728,101
91$4,937,345$0$0$1,826,359
92$5,214,601$0$0$1,932,182
93$5,513,007$0$0$2,046,264
94$5,834,495$0$0$2,169,368
95$6,181,188$0$0$2,302,331
96$6,555,419$0$0$2,446,075
97$6,959,750$0$0$2,601,612
98$7,396,996$0$0$2,770,053
99$7,870,253$0$0$2,952,622
100$8,382,923$0$0$3,150,664