Can I retire at age 50 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$66,394$65,802$65,225$64,662$64,112$61,985
2 years$32,868$32,256$31,663$31,088$30,530$28,408
3 years$21,694$21,080$20,488$19,918$19,369$17,319
4 years$16,109$15,496$14,910$14,350$13,814$11,851
5 years$12,758$12,149$11,571$11,022$10,501$8,630
6 years$10,525$9,920$9,351$8,814$8,309$6,532
7 years$8,931$8,331$7,771$7,247$6,758$5,074
8 years$7,736$7,141$6,590$6,079$5,606$4,015
9 years$6,806$6,218$5,676$5,178$4,721$3,220
10 years$6,063$5,481$4,949$4,464$4,023$2,609
11 years$5,456$4,879$4,357$3,885$3,460$2,132
12 years$4,950$4,379$3,866$3,407$2,998$1,753
13 years$4,523$3,958$3,454$3,008$2,614$1,448
14 years$4,156$3,597$3,104$2,670$2,292$1,201
15 years$3,839$3,286$2,802$2,381$2,018$1,000
16 years$3,562$3,015$2,541$2,132$1,783$835
17 years$3,318$2,777$2,312$1,916$1,581$698
18 years$3,101$2,566$2,110$1,727$1,406$585
19 years$2,907$2,378$1,932$1,560$1,253$491
20 years$2,733$2,210$1,773$1,413$1,119$413
21 years$2,575$2,058$1,631$1,282$1,002$347
22 years$2,432$1,921$1,503$1,166$898$292
23 years$2,302$1,797$1,388$1,062$806$246
24 years$2,182$1,684$1,284$969$724$208
25 years$2,073$1,580$1,189$884$652$175
26 years$1,972$1,485$1,103$809$587$148
27 years$1,878$1,398$1,024$740$529$125
28 years$1,792$1,317$952$678$478$105
29 years$1,712$1,242$886$622$431$89
30 years$1,637$1,173$825$571$390$75
31 years$1,567$1,109$769$524$352$64
32 years$1,501$1,049$718$482$319$54
33 years$1,440$994$670$443$288$45
34 years$1,382$942$626$408$261$38
35 years$1,328$893$585$375$237$33
36 years$1,277$848$548$346$214$27
37 years$1,229$805$513$318$194$23
38 years$1,183$765$480$293$176$20
39 years$1,140$728$450$271$160$17
40 years$1,099$692$421$250$145$14
41 years$1,060$659$395$230$131$12
42 years$1,024$628$371$213$119$10
43 years$989$598$348$196$108$9
44 years$955$570$327$181$98$7
45 years$924$544$307$167$89$6
46 years$893$519$288$155$81$5
47 years$864$495$271$143$74$4
48 years$837$473$254$132$67$4
49 years$810$451$239$122$61$3
50 years$785$431$225$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $804,000, adding $2,685 every year, while hoping to spend $31,646 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: 53/17/30 Blend
49$804,000$804,000$804,000$804,000
50$888,778$846,166$833,704$928,285
51$945,762$853,957$827,962$963,816
52$1,007,498$861,069$820,967$999,050
53$1,074,437$867,435$812,643$1,036,780
54$1,147,075$872,985$802,912$1,077,260
55$1,225,958$877,643$791,692$1,120,769
56$1,311,687$881,329$778,894$1,167,616
57$1,404,921$883,956$764,429$1,218,144
58$1,506,388$885,435$748,203$1,272,731
59$1,616,887$885,668$730,114$1,331,798
60$1,737,297$884,553$710,061$1,395,807
61$1,868,587$881,982$687,933$1,465,270
62$2,011,822$877,838$663,618$1,540,755
63$2,168,175$872,000$636,997$1,622,888
64$2,338,937$864,336$607,945$1,712,360
65$2,525,530$854,710$576,332$1,809,939
66$2,729,518$842,975$542,023$1,916,468
67$2,952,624$828,975$504,876$2,032,884
68$3,196,744$812,548$464,742$2,160,218
69$3,463,968$793,519$421,467$2,299,612
70$3,756,595$771,703$374,888$2,452,325
71$4,077,157$746,907$324,837$2,619,752
72$4,428,446$718,924$271,137$2,803,428
73$4,813,531$687,534$213,604$3,005,052
74$5,235,796$652,509$152,045$3,226,500
75$5,698,968$613,603$86,259$3,469,842
76$6,207,151$570,557$16,037$3,737,365
77$6,764,866$523,100$0$4,031,591
78$7,377,091$470,941$0$4,374,163
79$8,049,314$413,776$0$4,756,005
80$8,787,575$351,283$0$5,175,449
81$9,598,532$283,120$0$5,636,321
82$10,489,518$208,928$0$6,142,841
83$11,468,609$128,326$0$6,699,656
84$12,544,707$40,914$0$7,311,893
85$13,727,615$0$0$7,985,203
86$15,028,135$0$0$8,735,865
87$16,458,168$0$0$9,569,783
88$18,030,824$0$0$10,486,962
89$19,760,551$0$0$11,495,836
90$21,663,262$0$0$12,605,700
91$23,756,495$0$0$13,826,795
92$26,059,571$0$0$15,170,404
93$28,593,777$0$0$16,648,959
94$31,382,571$0$0$18,276,159
95$34,451,797$0$0$20,067,097
96$37,829,932$0$0$22,038,404
97$41,548,355$0$0$24,208,405
98$45,641,640$0$0$26,597,291
99$50,147,883$0$0$29,227,313
100$55,109,063$0$0$32,122,985