Can I retire at age 50 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$66,972$66,375$65,793$65,225$64,670$62,877
2 years$33,154$32,537$31,938$31,358$30,795$29,003
3 years$21,883$21,263$20,666$20,091$19,538$17,801
4 years$16,249$15,631$15,040$14,475$13,935$12,267
5 years$12,869$12,255$11,671$11,118$10,593$9,000
6 years$10,617$10,007$9,432$8,891$8,382$6,864
7 years$9,008$8,404$7,838$7,310$6,817$5,374
8 years$7,803$7,204$6,647$6,132$5,655$4,288
9 years$6,866$6,272$5,725$5,223$4,762$3,468
10 years$6,116$5,528$4,992$4,502$4,058$2,836
11 years$5,504$4,922$4,395$3,918$3,490$2,337
12 years$4,993$4,417$3,900$3,437$3,024$1,940
13 years$4,562$3,992$3,484$3,034$2,637$1,618
14 years$4,193$3,629$3,131$2,694$2,312$1,355
15 years$3,873$3,315$2,827$2,402$2,035$1,139
16 years$3,593$3,041$2,563$2,151$1,799$961
17 years$3,347$2,801$2,332$1,933$1,595$812
18 years$3,128$2,588$2,129$1,742$1,418$687
19 years$2,932$2,399$1,949$1,574$1,264$583
20 years$2,756$2,229$1,789$1,425$1,129$495
21 years$2,597$2,076$1,645$1,294$1,010$421
22 years$2,453$1,938$1,516$1,176$906$359
23 years$2,322$1,813$1,400$1,071$813$305
24 years$2,201$1,698$1,295$977$731$260
25 years$2,091$1,594$1,199$892$658$222
26 years$1,989$1,498$1,112$816$592$190
27 years$1,895$1,410$1,033$747$534$162
28 years$1,808$1,328$960$684$482$138
29 years$1,726$1,253$893$627$435$118
30 years$1,651$1,183$832$576$393$101
31 years$1,580$1,119$776$529$355$86
32 years$1,514$1,059$724$486$322$74
33 years$1,452$1,003$676$447$291$63
34 years$1,394$950$632$411$263$54
35 years$1,340$901$590$379$239$46
36 years$1,288$855$552$349$216$40
37 years$1,239$812$517$321$196$34
38 years$1,193$772$484$296$178$29
39 years$1,150$734$454$273$161$25
40 years$1,109$698$425$252$146$21
41 years$1,070$665$399$232$133$18
42 years$1,033$633$374$214$120$16
43 years$997$603$351$198$109$13
44 years$964$575$329$183$99$11
45 years$932$548$309$169$90$10
46 years$901$523$290$156$82$8
47 years$872$499$273$144$74$7
48 years$844$477$256$133$67$6
49 years$817$455$241$123$61$5
50 years$792$435$227$114$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $811,000, adding $5,502 every year, while hoping to spend $26,004 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: 59/14/27 Blend
49$811,000$811,000$811,000$811,000
50$899,397$856,414$843,844$945,582
51$963,468$870,711$844,445$992,043
52$1,033,202$884,836$844,194$1,039,454
53$1,109,150$898,754$843,036$1,090,623
54$1,191,917$912,427$840,912$1,145,922
55$1,282,170$925,814$837,760$1,205,762
56$1,380,643$938,869$833,515$1,270,595
57$1,488,141$951,547$828,111$1,340,920
58$1,605,555$963,796$821,476$1,417,287
59$1,733,862$975,563$813,536$1,500,305
60$1,874,140$986,789$804,213$1,590,643
61$2,027,573$997,413$793,426$1,689,040
62$2,195,469$1,007,369$781,089$1,796,312
63$2,379,264$1,016,587$767,112$1,913,359
64$2,580,541$1,024,993$751,403$2,041,172
65$2,801,045$1,032,506$733,863$2,180,848
66$3,042,694$1,039,041$714,390$2,333,591
67$3,307,604$1,044,509$692,877$2,500,736
68$3,598,103$1,048,814$669,212$2,683,750
69$3,916,756$1,051,852$643,278$2,884,254
70$4,266,389$1,053,517$614,951$3,104,034
71$4,650,113$1,053,692$584,105$3,345,062
72$5,071,357$1,052,255$550,604$3,609,510
73$5,533,896$1,049,075$514,310$3,899,776
74$6,041,889$1,044,016$475,075$4,218,503
75$6,599,919$1,036,930$432,748$4,568,607
76$7,213,034$1,027,663$387,168$4,953,301
77$7,886,794$1,016,049$338,168$5,376,132
78$8,627,325$1,001,914$285,575$5,841,007
79$9,441,377$985,072$229,207$6,352,238
80$10,336,385$965,329$168,873$6,914,577
81$11,320,542$942,475$104,376$7,533,265
82$12,402,873$916,292$35,508$8,214,081
83$13,593,322$886,546$0$8,963,395
84$14,902,846$852,992$0$9,799,176
85$16,343,516$815,368$0$10,729,853
86$17,928,632$773,399$0$11,753,792
87$19,672,850$726,793$0$12,880,479
88$21,592,316$675,241$0$14,120,367
89$23,704,821$618,418$0$15,484,973
90$26,029,971$555,978$0$16,986,994
91$28,589,364$487,557$0$18,640,419
92$31,406,802$412,770$0$20,460,666
93$34,508,510$331,210$0$22,464,726
94$37,923,386$242,447$0$24,671,324
95$41,683,272$146,028$0$27,101,095
96$45,823,256$41,473$0$29,776,782
97$50,381,998$0$0$32,723,447
98$55,402,103$0$0$35,979,760
99$60,930,514$0$0$39,572,913
100$67,018,962$0$0$43,530,148