Can I retire at age 50 with 802,000?

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 $802,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$66,228$65,638$65,063$64,501$63,953$62,945
2 years$32,786$32,176$31,584$31,010$30,454$29,441
3 years$21,640$21,027$20,437$19,869$19,321$18,335
4 years$16,069$15,457$14,873$14,314$13,780$12,828
5 years$12,726$12,119$11,542$10,995$10,475$9,560
6 years$10,499$9,896$9,328$8,792$8,289$7,412
7 years$8,909$8,310$7,751$7,229$6,741$5,902
8 years$7,716$7,124$6,574$6,064$5,592$4,792
9 years$6,789$6,202$5,662$5,165$4,710$3,947
10 years$6,048$5,467$4,936$4,452$4,013$3,287
11 years$5,443$4,867$4,346$3,875$3,451$2,762
12 years$4,938$4,368$3,857$3,399$2,991$2,337
13 years$4,511$3,948$3,446$3,001$2,608$1,988
14 years$4,146$3,588$3,096$2,664$2,286$1,700
15 years$3,830$3,278$2,795$2,376$2,013$1,459
16 years$3,553$3,008$2,534$2,127$1,779$1,257
17 years$3,309$2,770$2,306$1,911$1,577$1,085
18 years$3,093$2,559$2,105$1,722$1,402$939
19 years$2,900$2,372$1,927$1,556$1,250$815
20 years$2,726$2,204$1,769$1,409$1,117$708
21 years$2,569$2,053$1,627$1,279$999$616
22 years$2,426$1,917$1,499$1,163$896$537
23 years$2,296$1,793$1,384$1,059$804$468
24 years$2,177$1,679$1,280$966$723$409
25 years$2,068$1,576$1,186$882$650$357
26 years$1,967$1,481$1,100$807$586$312
27 years$1,874$1,394$1,021$738$528$273
28 years$1,787$1,314$949$677$477$239
29 years$1,707$1,239$884$620$430$209
30 years$1,633$1,170$823$569$389$184
31 years$1,563$1,106$767$523$351$161
32 years$1,497$1,047$716$481$318$141
33 years$1,436$991$668$442$288$124
34 years$1,379$940$625$407$261$108
35 years$1,325$891$584$374$236$95
36 years$1,274$846$546$345$214$84
37 years$1,226$803$511$318$194$73
38 years$1,180$764$479$293$176$64
39 years$1,137$726$449$270$159$57
40 years$1,096$691$420$249$144$50
41 years$1,058$658$394$230$131$44
42 years$1,021$626$370$212$119$38
43 years$986$597$347$196$108$34
44 years$953$569$326$181$98$30
45 years$921$542$306$167$89$26
46 years$891$517$287$154$81$23
47 years$862$494$270$142$73$20
48 years$835$471$254$132$67$18
49 years$808$450$238$122$60$15
50 years$783$430$224$112$55$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $802,000, adding $3,932 every year, while hoping to spend $25,101 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: 40/30/30 Blend
49$802,000$802,000$802,000$802,000
50$887,860$845,354$832,923$915,383
51$951,714$860,069$834,119$950,548
52$1,021,241$874,664$834,513$985,966
53$1,096,991$889,106$834,053$1,023,816
54$1,179,572$903,361$832,682$1,064,338
55$1,269,654$917,391$830,342$1,107,796
56$1,367,972$931,156$826,972$1,154,483
57$1,475,335$944,613$822,506$1,204,724
58$1,592,637$957,716$816,877$1,258,875
59$1,720,857$970,416$810,014$1,317,332
60$1,861,078$982,660$801,843$1,380,532
61$2,014,490$994,392$792,286$1,448,958
62$2,182,402$1,005,551$781,262$1,523,143
63$2,366,258$1,016,074$768,685$1,603,676
64$2,567,647$1,025,892$754,467$1,691,210
65$2,788,318$1,034,932$738,513$1,786,462
66$3,030,200$1,043,117$720,726$1,890,230
67$3,295,413$1,050,363$701,003$2,003,389
68$3,586,296$1,056,582$679,238$2,126,909
69$3,905,425$1,061,680$655,318$2,261,863
70$4,255,634$1,065,558$629,127$2,409,431
71$4,640,047$1,068,110$600,542$2,570,920
72$5,062,107$1,069,222$569,435$2,747,772
73$5,525,603$1,068,775$535,672$2,941,578
74$6,034,712$1,066,642$499,114$3,154,096
75$6,594,032$1,062,687$459,615$3,387,266
76$7,208,632$1,056,768$417,021$3,643,229
77$7,884,095$1,048,732$371,173$3,924,348
78$8,626,571$1,038,418$321,906$4,233,234
79$9,442,836$1,025,655$269,044$4,572,765
80$10,340,355$1,010,261$212,406$4,946,118
81$11,327,352$992,046$151,804$5,356,799
82$12,412,891$970,804$87,038$5,808,679
83$13,606,954$946,322$17,902$6,306,026
84$14,920,542$918,370$0$6,853,551
85$16,365,775$886,708$0$7,474,336
86$17,956,006$851,079$0$8,163,508
87$19,705,950$811,214$0$8,921,728
88$21,631,820$766,825$0$9,756,054
89$23,751,477$717,612$0$10,674,264
90$26,084,606$663,253$0$11,684,932
91$28,652,894$603,410$0$12,797,511
92$31,480,238$537,727$0$14,022,423
93$34,592,971$465,824$0$15,371,154
94$38,020,108$387,304$0$16,856,369
95$41,793,621$301,743$0$18,492,027
96$45,948,739$208,697$0$20,293,516
97$50,524,282$107,695$0$22,277,800
98$55,563,028$0$0$24,463,577
99$61,112,111$0$0$26,872,039
100$67,223,472$0$0$29,563,843