Can I retire at age 50 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$66,641$66,048$65,469$64,903$64,351$63,129
2 years$32,991$32,376$31,781$31,203$30,643$29,417
3 years$21,775$21,158$20,564$19,992$19,441$18,249
4 years$16,169$15,554$14,966$14,403$13,866$12,717
5 years$12,806$12,194$11,614$11,063$10,541$9,438
6 years$10,564$9,957$9,386$8,847$8,340$7,285
7 years$8,964$8,362$7,800$7,274$6,783$5,775
8 years$7,764$7,168$6,615$6,102$5,627$4,667
9 years$6,832$6,241$5,697$5,197$4,739$3,826
10 years$6,086$5,501$4,967$4,480$4,038$3,171
11 years$5,476$4,897$4,373$3,899$3,473$2,650
12 years$4,969$4,396$3,881$3,420$3,009$2,231
13 years$4,539$3,972$3,467$3,019$2,624$1,889
14 years$4,172$3,611$3,115$2,680$2,300$1,606
15 years$3,854$3,298$2,813$2,390$2,025$1,371
16 years$3,575$3,026$2,550$2,140$1,790$1,174
17 years$3,330$2,787$2,321$1,923$1,587$1,008
18 years$3,112$2,575$2,118$1,733$1,411$868
19 years$2,918$2,387$1,939$1,566$1,258$748
20 years$2,743$2,218$1,780$1,418$1,124$646
21 years$2,585$2,066$1,637$1,287$1,005$559
22 years$2,441$1,929$1,509$1,170$901$484
23 years$2,310$1,804$1,393$1,066$809$419
24 years$2,191$1,690$1,288$972$727$364
25 years$2,081$1,586$1,193$888$654$316
26 years$1,979$1,491$1,107$812$589$274
27 years$1,885$1,403$1,028$743$531$239
28 years$1,799$1,322$955$681$479$208
29 years$1,718$1,247$889$624$433$181
30 years$1,643$1,178$828$573$391$157
31 years$1,572$1,113$772$526$354$137
32 years$1,507$1,053$720$484$320$119
33 years$1,445$998$673$445$290$104
34 years$1,387$945$628$409$262$90
35 years$1,333$897$588$377$237$79
36 years$1,282$851$550$347$215$69
37 years$1,233$808$514$320$195$60
38 years$1,188$768$482$295$177$52
39 years$1,144$731$451$272$160$46
40 years$1,103$695$423$251$145$40
41 years$1,064$662$397$231$132$35
42 years$1,027$630$372$213$120$30
43 years$992$600$349$197$109$26
44 years$959$572$328$182$99$23
45 years$927$546$308$168$90$20
46 years$897$521$289$155$81$17
47 years$868$497$272$143$74$15
48 years$840$474$255$132$67$13
49 years$813$453$240$122$61$12
50 years$788$433$225$113$55$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $807,000, adding $6,118 every year, while hoping to spend $26,499 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: 29/43/28 Blend
49$807,000$807,000$807,000$807,000
50$895,625$852,854$840,345$913,721
51$958,784$866,449$840,302$942,096
52$1,027,497$879,822$839,369$969,871
53$1,102,302$892,934$837,489$999,203
54$1,183,793$905,744$834,601$1,030,245
55$1,272,622$918,207$830,642$1,063,167
56$1,369,505$930,275$825,544$1,098,158
57$1,475,233$941,897$819,238$1,135,426
58$1,590,676$953,019$811,652$1,175,205
59$1,716,790$963,583$802,708$1,217,752
60$1,854,630$973,525$792,326$1,263,352
61$2,005,356$982,781$780,422$1,312,321
62$2,170,244$991,280$766,908$1,365,012
63$2,350,702$998,945$751,693$1,421,812
64$2,548,278$1,005,698$734,679$1,483,153
65$2,764,678$1,011,452$715,765$1,549,512
66$3,001,779$1,016,118$694,848$1,621,419
67$3,261,650$1,019,597$671,815$1,699,458
68$3,546,570$1,021,789$646,552$1,784,278
69$3,859,046$1,022,583$618,938$1,876,596
70$4,201,843$1,021,864$588,847$1,977,209
71$4,578,004$1,019,508$556,146$2,086,993
72$4,990,883$1,015,386$520,699$2,206,923
73$5,444,171$1,009,358$482,361$2,338,074
74$5,941,938$1,001,278$440,981$2,481,636
75$6,488,664$990,989$396,403$2,638,927
76$7,089,287$978,327$348,462$2,811,401
77$7,749,245$963,116$296,986$3,000,669
78$8,474,530$945,170$241,796$3,208,510
79$9,271,742$924,293$182,706$3,436,889
80$10,148,153$900,277$119,520$3,687,982
81$11,111,774$872,901$52,034$3,964,189
82$12,171,433$841,931$0$4,268,166
83$13,336,855$807,121$0$4,608,815
84$14,618,753$768,209$0$5,000,382
85$16,028,934$724,919$0$5,430,954
86$17,580,403$676,958$0$5,904,554
87$19,287,493$624,018$0$6,425,623
88$21,165,994$565,771$0$6,999,059
89$23,233,303$501,872$0$7,630,265
90$25,508,592$431,956$0$8,325,203
91$28,012,984$355,637$0$9,090,448
92$30,769,752$272,507$0$9,933,255
93$33,804,544$182,137$0$10,861,624
94$37,145,617$84,071$0$11,884,380
95$40,824,109$0$0$13,011,257
96$44,874,331$0$0$14,263,482
97$49,334,090$0$0$15,686,292
98$54,245,046$0$0$17,253,218
99$59,653,104$0$0$18,978,929
100$65,608,848$0$0$20,879,588