Can I retire at age 50 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$67,054$66,457$65,874$65,305$64,750$63,782
2 years$33,195$32,577$31,978$31,397$30,833$29,861
3 years$21,910$21,289$20,692$20,116$19,562$18,614
4 years$16,269$15,650$15,058$14,493$13,952$13,037
5 years$12,885$12,270$11,686$11,132$10,606$9,726
6 years$10,630$10,019$9,444$8,902$8,392$7,548
7 years$9,020$8,414$7,848$7,319$6,825$6,018
8 years$7,812$7,212$6,656$6,140$5,662$4,891
9 years$6,874$6,280$5,733$5,230$4,768$4,033
10 years$6,124$5,535$4,998$4,508$4,063$3,363
11 years$5,510$4,928$4,400$3,923$3,494$2,829
12 years$5,000$4,423$3,905$3,441$3,028$2,397
13 years$4,568$3,997$3,489$3,038$2,640$2,042
14 years$4,198$3,633$3,135$2,697$2,315$1,749
15 years$3,877$3,319$2,830$2,405$2,038$1,503
16 years$3,597$3,045$2,566$2,154$1,801$1,296
17 years$3,351$2,804$2,335$1,935$1,597$1,121
18 years$3,132$2,591$2,131$1,744$1,420$972
19 years$2,936$2,402$1,951$1,576$1,266$844
20 years$2,760$2,232$1,791$1,427$1,131$734
21 years$2,601$2,079$1,647$1,295$1,012$640
22 years$2,456$1,940$1,518$1,178$907$558
23 years$2,325$1,815$1,402$1,072$814$488
24 years$2,204$1,700$1,296$978$732$427
25 years$2,093$1,596$1,201$893$658$373
26 years$1,991$1,500$1,114$817$593$327
27 years$1,897$1,411$1,034$748$535$287
28 years$1,810$1,330$961$685$482$251
29 years$1,729$1,255$895$628$436$220
30 years$1,653$1,185$833$576$394$193
31 years$1,582$1,120$777$529$356$170
32 years$1,516$1,060$725$487$322$149
33 years$1,454$1,004$677$447$291$131
34 years$1,396$951$632$412$264$115
35 years$1,341$902$591$379$239$101
36 years$1,290$856$553$349$216$89
37 years$1,241$813$518$322$196$78
38 years$1,195$773$485$296$178$69
39 years$1,151$735$454$273$161$60
40 years$1,110$699$426$252$146$53
41 years$1,071$666$399$233$133$47
42 years$1,034$634$374$215$120$41
43 years$998$604$351$198$109$36
44 years$965$576$330$183$99$32
45 years$933$549$310$169$90$28
46 years$902$524$291$156$82$25
47 years$873$500$273$144$74$22
48 years$845$477$257$133$67$19
49 years$818$456$241$123$61$17
50 years$793$435$227$114$56$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $812,000, adding $2,733 every year, while hoping to spend $52,484 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: 54/17/29 Blend
49$812,000$812,000$812,000$812,000
50$897,643$854,607$842,021$938,732
51$933,360$840,640$814,386$953,503
52$970,961$824,230$784,067$963,993
53$1,010,583$805,201$750,917$974,375
54$1,052,375$783,368$714,785$984,659
55$1,096,499$758,535$675,512$994,858
56$1,143,132$730,494$632,932$1,004,992
57$1,192,468$699,024$586,871$1,015,084
58$1,244,717$663,894$537,149$1,025,164
59$1,300,111$624,857$483,575$1,035,269
60$1,358,899$581,652$425,953$1,045,443
61$1,421,359$534,005$364,074$1,055,738
62$1,487,791$481,625$297,724$1,066,219
63$1,558,525$424,204$226,677$1,076,959
64$1,633,922$361,417$150,698$1,088,044
65$1,714,377$292,921$69,541$1,099,574
66$1,800,322$218,353$0$1,111,667
67$1,892,233$137,331$0$1,129,737
68$1,990,630$49,449$0$1,171,964
69$2,096,083$0$0$1,217,070
70$2,209,217$0$0$1,273,900
71$2,330,721$0$0$1,344,920
72$2,461,347$0$0$1,421,329
73$2,601,923$0$0$1,503,617
74$2,753,358$0$0$1,592,323
75$2,916,650$0$0$1,688,041
76$3,092,894$0$0$1,791,421
77$3,283,296$0$0$1,903,179
78$3,489,178$0$0$2,024,100
79$3,711,997$0$0$2,155,050
80$3,953,352$0$0$2,296,977
81$4,215,000$0$0$2,450,929
82$4,498,877$0$0$2,618,052
83$4,807,108$0$0$2,799,611
84$5,142,034$0$0$2,996,997
85$5,506,227$0$0$3,211,739
86$5,902,518$0$0$3,445,519
87$6,334,022$0$0$3,700,190
88$6,804,168$0$0$3,977,789
89$7,316,726$0$0$4,280,558
90$7,875,850$0$0$4,610,967
91$8,486,108$0$0$4,971,731
92$9,152,530$0$0$5,365,843
93$9,880,653$0$0$5,796,595
94$10,676,575$0$0$6,267,611
95$11,547,005$0$0$6,782,884
96$12,499,333$0$0$7,346,808
97$13,541,697$0$0$7,964,222
98$14,683,056$0$0$8,640,455
99$15,933,277$0$0$9,381,377
100$17,303,226$0$0$10,193,450