Can I retire at age 50 with 806,000?

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 $806,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$66,559$65,966$65,387$64,823$64,272$62,314
2 years$32,950$32,336$31,741$31,165$30,606$28,650
3 years$21,748$21,132$20,539$19,968$19,417$17,525
4 years$16,149$15,534$14,947$14,386$13,849$12,035
5 years$12,790$12,179$11,599$11,049$10,528$8,796
6 years$10,551$9,945$9,374$8,836$8,330$6,683
7 years$8,953$8,352$7,790$7,265$6,775$5,212
8 years$7,755$7,159$6,606$6,094$5,620$4,141
9 years$6,823$6,233$5,690$5,191$4,733$3,336
10 years$6,079$5,494$4,961$4,475$4,033$2,715
11 years$5,470$4,891$4,367$3,894$3,468$2,228
12 years$4,963$4,390$3,876$3,416$3,006$1,840
13 years$4,534$3,967$3,463$3,016$2,621$1,528
14 years$4,167$3,606$3,111$2,677$2,297$1,274
15 years$3,849$3,294$2,809$2,387$2,023$1,065
16 years$3,571$3,023$2,547$2,138$1,788$894
17 years$3,326$2,784$2,318$1,921$1,585$751
18 years$3,108$2,572$2,116$1,731$1,409$633
19 years$2,914$2,384$1,937$1,564$1,256$534
20 years$2,739$2,215$1,778$1,417$1,122$451
21 years$2,581$2,063$1,635$1,286$1,004$382
22 years$2,438$1,926$1,507$1,169$900$323
23 years$2,307$1,801$1,391$1,065$808$274
24 years$2,188$1,688$1,287$971$726$232
25 years$2,078$1,584$1,192$887$654$197
26 years$1,977$1,489$1,105$811$589$167
27 years$1,883$1,401$1,026$742$531$142
28 years$1,796$1,320$954$680$479$121
29 years$1,716$1,245$888$624$432$102
30 years$1,641$1,176$827$572$391$87
31 years$1,571$1,112$771$526$353$74
32 years$1,505$1,052$719$483$320$63
33 years$1,443$996$672$444$289$54
34 years$1,386$944$628$409$262$46
35 years$1,331$896$587$376$237$39
36 years$1,280$850$549$346$215$33
37 years$1,232$807$514$319$195$28
38 years$1,186$767$481$294$177$24
39 years$1,143$730$451$271$160$20
40 years$1,102$694$423$250$145$17
41 years$1,063$661$396$231$132$15
42 years$1,026$629$372$213$120$12
43 years$991$600$349$197$108$11
44 years$958$572$327$182$98$9
45 years$926$545$307$168$89$8
46 years$895$520$289$155$81$7
47 years$866$496$271$143$74$6
48 years$839$474$255$132$67$5
49 years$812$452$240$122$61$4
50 years$787$432$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 $806,000, adding $6,107 every year, while hoping to spend $45,144 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: 57/22/21 Blend
49$806,000$806,000$806,000$806,000
50$894,511$851,793$839,300$940,134
51$937,719$845,498$819,384$965,626
52$983,820$837,382$797,288$988,030
53$1,033,063$827,307$772,890$1,011,460
54$1,085,719$815,129$746,065$1,036,025
55$1,142,085$800,693$716,682$1,061,849
56$1,202,488$783,837$684,601$1,089,067
57$1,267,285$764,388$649,678$1,117,835
58$1,336,869$742,164$611,763$1,148,325
59$1,411,671$716,971$570,698$1,180,727
60$1,492,163$688,604$526,318$1,215,256
61$1,578,865$656,847$478,451$1,252,151
62$1,672,348$621,471$426,918$1,291,679
63$1,773,237$582,234$371,530$1,334,137
64$1,882,223$538,878$312,091$1,379,856
65$2,000,060$491,134$248,396$1,429,204
66$2,127,581$438,714$180,233$1,482,591
67$2,265,700$381,317$107,376$1,540,474
68$2,415,421$318,622$29,594$1,603,358
69$2,577,851$250,291$0$1,671,809
70$2,754,205$175,968$0$1,758,421
71$2,945,819$95,276$0$1,859,774
72$3,154,165$7,816$0$1,970,063
73$3,380,859$0$0$2,090,207
74$3,627,683$0$0$2,242,242
75$3,896,595$0$0$2,410,008
76$4,189,752$0$0$2,592,967
77$4,509,525$0$0$2,792,608
78$4,858,526$0$0$3,010,569
79$5,239,629$0$0$3,248,655
80$5,656,000$0$0$3,508,853
81$6,111,120$0$0$3,793,350
82$6,608,827$0$0$4,104,553
83$7,153,343$0$0$4,445,113
84$7,749,317$0$0$4,817,951
85$8,401,870$0$0$5,226,280
86$9,116,641$0$0$5,673,641
87$9,899,838$0$0$6,163,932
88$10,758,300$0$0$6,701,448
89$11,699,559$0$0$7,290,918
90$12,731,909$0$0$7,937,550
91$13,864,487$0$0$8,647,082
92$15,107,357$0$0$9,425,833
93$16,471,604$0$0$10,280,764
94$17,969,437$0$0$11,219,543
95$19,614,308$0$0$12,250,618
96$21,421,034$0$0$13,383,292
97$23,405,936$0$0$14,627,817
98$25,586,997$0$0$15,995,485
99$27,984,027$0$0$17,498,738
100$30,618,849$0$0$19,151,282