Can I retire at age 50 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$66,476$65,884$65,306$64,742$64,192$61,669
2 years$32,909$32,296$31,702$31,126$30,568$28,057
3 years$21,721$21,106$20,513$19,943$19,393$16,974
4 years$16,129$15,515$14,928$14,368$13,831$11,521
5 years$12,774$12,164$11,585$11,036$10,514$8,320
6 years$10,538$9,933$9,362$8,825$8,320$6,242
7 years$8,942$8,342$7,780$7,256$6,766$4,804
8 years$7,745$7,150$6,598$6,087$5,613$3,765
9 years$6,815$6,226$5,683$5,185$4,727$2,991
10 years$6,071$5,488$4,955$4,469$4,028$2,399
11 years$5,463$4,885$4,362$3,889$3,464$1,940
12 years$4,956$4,385$3,871$3,412$3,002$1,578
13 years$4,528$3,963$3,459$3,012$2,618$1,289
14 years$4,162$3,602$3,108$2,674$2,295$1,058
15 years$3,844$3,290$2,806$2,384$2,020$871
16 years$3,566$3,019$2,544$2,135$1,786$718
17 years$3,322$2,780$2,315$1,918$1,583$594
18 years$3,105$2,569$2,113$1,729$1,408$492
19 years$2,910$2,381$1,934$1,562$1,255$408
20 years$2,736$2,213$1,775$1,415$1,121$338
21 years$2,578$2,061$1,633$1,284$1,003$281
22 years$2,435$1,924$1,505$1,167$899$234
23 years$2,305$1,799$1,390$1,063$807$195
24 years$2,185$1,686$1,285$970$725$162
25 years$2,075$1,582$1,190$886$653$135
26 years$1,974$1,487$1,104$810$588$112
27 years$1,881$1,399$1,025$741$530$94
28 years$1,794$1,319$953$679$478$78
29 years$1,714$1,244$887$623$432$65
30 years$1,639$1,175$826$572$390$54
31 years$1,569$1,110$770$525$353$45
32 years$1,503$1,051$719$482$319$38
33 years$1,442$995$671$444$289$32
34 years$1,384$943$627$408$261$26
35 years$1,330$895$586$376$237$22
36 years$1,279$849$548$346$215$18
37 years$1,230$806$513$319$194$15
38 years$1,185$766$481$294$176$13
39 years$1,141$729$450$271$160$11
40 years$1,101$693$422$250$145$9
41 years$1,062$660$396$231$132$7
42 years$1,025$629$371$213$119$6
43 years$990$599$348$196$108$5
44 years$956$571$327$181$98$4
45 years$925$544$307$168$89$4
46 years$894$519$288$155$81$3
47 years$865$496$271$143$74$3
48 years$838$473$255$132$67$2
49 years$811$452$239$122$61$2
50 years$786$432$225$113$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $805,000, adding $6,395 every year, while hoping to spend $52,086 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: 27/46/27 Blend
49$805,000$805,000$805,000$805,000
50$893,706$851,041$838,564$910,182
51$929,445$837,323$811,237$910,237
52$967,084$821,187$781,248$905,385
53$1,006,761$802,460$748,455$899,110
54$1,048,628$780,958$712,705$891,325
55$1,092,849$756,486$673,842$881,943
56$1,139,605$728,839$631,700$870,871
57$1,189,091$697,798$586,109$858,015
58$1,241,521$663,134$536,887$843,278
59$1,297,131$624,602$483,847$826,558
60$1,356,176$581,945$426,794$807,755
61$1,418,936$534,890$365,521$786,761
62$1,485,716$483,148$299,815$763,469
63$1,556,853$426,416$229,452$737,771
64$1,632,713$364,372$154,200$709,554
65$1,713,698$296,674$73,814$678,706
66$1,800,248$222,965$0$645,115
67$1,892,847$142,863$0$612,117
68$1,992,024$55,970$0$599,066
69$2,098,359$0$0$584,643
70$2,212,490$0$0$588,127
71$2,335,114$0$0$622,402
72$2,467,001$0$0$659,363
73$2,608,992$0$0$699,259
74$2,762,012$0$0$742,363
75$2,927,077$0$0$788,974
76$3,105,304$0$0$839,422
77$3,297,920$0$0$894,070
78$3,506,273$0$0$953,317
79$3,731,845$0$0$1,017,601
80$3,976,265$0$0$1,087,403
81$4,241,324$0$0$1,163,254
82$4,528,994$0$0$1,245,738
83$4,841,439$0$0$1,335,496
84$5,181,045$0$0$1,433,234
85$5,550,432$0$0$1,539,729
86$5,952,486$0$0$1,655,836
87$6,390,381$0$0$1,782,496
88$6,867,609$0$0$1,920,745
89$7,388,015$0$0$2,071,724
90$7,955,829$0$0$2,236,686
91$8,575,709$0$0$2,417,015
92$9,252,781$0$0$2,614,231
93$9,992,688$0$0$2,830,009
94$10,801,643$0$0$3,066,195
95$11,686,488$0$0$3,324,818
96$12,654,754$0$0$3,608,116
97$13,714,734$0$0$3,918,551
98$14,875,562$0$0$4,258,837
99$16,147,296$0$0$4,631,960
100$17,541,010$0$0$5,041,212