Can I retire at age 50 with 808,000?

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 $808,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$66,724$66,130$65,550$64,984$64,431$63,945
2 years$33,032$32,416$31,820$31,242$30,681$30,191
3 years$21,802$21,185$20,590$20,017$19,466$18,986
4 years$16,189$15,573$14,984$14,421$13,883$13,419
5 years$12,822$12,209$11,628$11,077$10,554$10,106
6 years$10,577$9,970$9,397$8,858$8,351$7,920
7 years$8,975$8,373$7,809$7,283$6,791$6,377
8 years$7,774$7,177$6,623$6,109$5,634$5,237
9 years$6,840$6,249$5,704$5,204$4,745$4,364
10 years$6,094$5,508$4,973$4,486$4,043$3,679
11 years$5,483$4,903$4,378$3,904$3,477$3,130
12 years$4,975$4,401$3,886$3,424$3,013$2,682
13 years$4,545$3,977$3,472$3,023$2,627$2,312
14 years$4,177$3,615$3,119$2,684$2,303$2,003
15 years$3,858$3,303$2,816$2,393$2,028$1,743
16 years$3,580$3,030$2,553$2,143$1,792$1,522
17 years$3,334$2,791$2,323$1,925$1,589$1,333
18 years$3,116$2,579$2,121$1,735$1,413$1,170
19 years$2,921$2,390$1,942$1,568$1,259$1,030
20 years$2,746$2,221$1,782$1,420$1,125$908
21 years$2,588$2,069$1,639$1,289$1,007$802
22 years$2,444$1,931$1,511$1,172$902$710
23 years$2,313$1,806$1,395$1,067$810$628
24 years$2,193$1,692$1,290$973$728$557
25 years$2,083$1,588$1,195$889$655$495
26 years$1,982$1,492$1,108$813$590$439
27 years$1,888$1,404$1,029$744$532$391
28 years$1,801$1,323$957$682$480$347
29 years$1,720$1,249$890$625$433$309
30 years$1,645$1,179$829$574$392$275
31 years$1,574$1,115$773$527$354$245
32 years$1,509$1,055$721$484$320$219
33 years$1,447$999$673$445$290$195
34 years$1,389$947$629$410$262$174
35 years$1,335$898$588$377$238$155
36 years$1,283$852$550$347$215$139
37 years$1,235$809$515$320$195$124
38 years$1,189$769$482$295$177$110
39 years$1,146$731$452$272$160$99
40 years$1,105$696$424$251$146$88
41 years$1,066$662$397$231$132$79
42 years$1,029$631$373$214$120$70
43 years$994$601$350$197$109$63
44 years$960$573$328$182$99$56
45 years$928$546$308$168$90$50
46 years$898$521$289$155$81$45
47 years$869$497$272$143$74$40
48 years$841$475$255$133$67$36
49 years$814$453$240$123$61$32
50 years$789$433$226$113$55$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $808,000, adding $5,957 every year, while hoping to spend $20,016 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: 59/24/17 Blend
49$808,000$808,000$808,000$808,000
50$896,561$853,737$841,213$945,182
51$966,713$874,273$848,096$999,304
52$1,043,350$895,145$854,540$1,055,571
53$1,127,112$916,347$860,507$1,116,471
54$1,218,704$937,874$865,961$1,182,456
55$1,318,902$959,721$870,861$1,254,021
56$1,428,561$981,878$875,165$1,331,712
57$1,548,621$1,004,337$878,831$1,416,132
58$1,680,120$1,027,089$881,811$1,507,944
59$1,824,198$1,050,122$884,058$1,607,879
60$1,982,112$1,073,424$885,520$1,716,742
61$2,155,247$1,096,981$886,144$1,835,420
62$2,345,127$1,120,778$885,874$1,964,891
63$2,553,431$1,144,797$884,652$2,106,231
64$2,782,008$1,169,019$882,415$2,260,629
65$3,032,896$1,193,425$879,099$2,429,391
66$3,308,340$1,217,990$874,637$2,613,960
67$3,610,810$1,242,692$868,957$2,815,924
68$3,943,031$1,267,501$861,985$3,037,034
69$4,308,001$1,292,390$853,643$3,279,218
70$4,709,026$1,317,326$843,849$3,544,605
71$5,149,746$1,342,275$832,517$3,835,536
72$5,634,172$1,367,198$819,559$4,154,596
73$6,166,723$1,392,056$804,879$4,504,629
74$6,752,267$1,416,805$788,381$4,888,773
75$7,396,168$1,441,398$769,961$5,310,485
76$8,104,334$1,465,783$749,511$5,773,577
77$8,883,276$1,489,907$726,920$6,282,247
78$9,740,168$1,513,710$702,070$6,841,124
79$10,682,913$1,537,130$674,837$7,455,310
80$11,720,219$1,560,098$645,093$8,130,426
81$12,861,682$1,582,543$612,704$8,872,671
82$14,117,872$1,604,387$577,529$9,688,872
83$15,500,440$1,625,547$539,420$10,586,558
84$17,022,219$1,645,933$498,226$11,574,024
85$18,697,354$1,665,452$453,784$12,660,413
86$20,541,426$1,684,001$405,928$13,855,803
87$22,571,607$1,701,473$354,483$15,171,301
88$24,806,818$1,717,752$299,265$16,619,146
89$27,267,907$1,732,715$240,084$18,212,831
90$29,977,847$1,746,232$176,740$19,967,222
91$32,961,952$1,758,162$109,026$21,898,709
92$36,248,117$1,768,358$36,723$24,025,351
93$39,867,078$1,776,660$0$26,367,054
94$43,852,704$1,782,901$0$28,953,090
95$48,242,319$1,786,902$0$31,807,887
96$53,077,049$1,788,474$0$34,951,470
97$58,402,213$1,787,414$0$38,413,253
98$64,267,750$1,783,508$0$42,225,650
99$70,728,689$1,776,529$0$46,424,384
100$77,845,672$1,766,235$0$51,048,821