Can I retire at age 50 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$67,137$66,539$65,955$65,386$64,830$63,263
2 years$33,236$32,617$32,017$31,435$30,871$29,302
3 years$21,937$21,316$20,717$20,141$19,586$18,063
4 years$16,289$15,669$15,077$14,510$13,969$12,505
5 years$12,901$12,285$11,700$11,145$10,619$9,217
6 years$10,643$10,032$9,456$8,913$8,402$7,065
7 years$9,031$8,424$7,858$7,328$6,833$5,560
8 years$7,822$7,221$6,664$6,147$5,669$4,459
9 years$6,883$6,287$5,740$5,236$4,774$3,627
10 years$6,131$5,542$5,004$4,514$4,068$2,982
11 years$5,517$4,934$4,405$3,928$3,498$2,472
12 years$5,006$4,428$3,910$3,446$3,032$2,063
13 years$4,573$4,002$3,493$3,042$2,644$1,732
14 years$4,203$3,638$3,138$2,700$2,317$1,460
15 years$3,882$3,323$2,834$2,408$2,040$1,235
16 years$3,602$3,049$2,569$2,156$1,803$1,048
17 years$3,355$2,808$2,338$1,937$1,599$891
18 years$3,135$2,595$2,134$1,746$1,422$760
19 years$2,939$2,405$1,954$1,578$1,267$649
20 years$2,763$2,234$1,793$1,429$1,132$555
21 years$2,604$2,081$1,649$1,297$1,013$475
22 years$2,459$1,943$1,520$1,179$908$407
23 years$2,328$1,817$1,403$1,074$815$350
24 years$2,207$1,703$1,298$979$733$300
25 years$2,096$1,598$1,202$894$659$258
26 years$1,994$1,502$1,115$818$594$222
27 years$1,900$1,413$1,035$749$535$191
28 years$1,812$1,332$962$686$483$164
29 years$1,731$1,256$896$629$436$141
30 years$1,655$1,186$834$577$394$122
31 years$1,584$1,122$778$530$356$105
32 years$1,518$1,061$726$487$322$90
33 years$1,456$1,005$678$448$292$78
34 years$1,398$952$633$412$264$67
35 years$1,343$903$592$379$239$58
36 years$1,291$857$554$349$217$50
37 years$1,242$814$518$322$196$43
38 years$1,196$774$485$297$178$37
39 years$1,153$736$455$274$161$32
40 years$1,111$700$426$252$146$28
41 years$1,072$667$400$233$133$24
42 years$1,035$635$375$215$121$21
43 years$1,000$605$352$198$109$18
44 years$966$577$330$183$99$15
45 years$934$550$310$169$90$13
46 years$903$524$291$156$82$11
47 years$874$500$274$144$74$10
48 years$846$478$257$133$68$8
49 years$819$456$242$123$61$7
50 years$794$436$227$114$56$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $813,000, adding $4,198 every year, while hoping to spend $21,782 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: 82/10/8 Blend
49$813,000$813,000$813,000$813,000
50$900,256$857,167$844,566$972,858
51$968,906$875,993$849,683$1,039,800
52$1,043,829$895,010$854,241$1,109,942
53$1,125,641$914,207$858,199$1,186,280
54$1,215,020$933,567$861,513$1,269,422
55$1,312,715$953,075$864,137$1,360,040
56$1,419,549$972,712$866,022$1,458,870
57$1,536,427$992,459$867,118$1,566,726
58$1,664,347$1,012,295$867,371$1,684,502
59$1,804,409$1,032,195$866,726$1,813,183
60$1,957,820$1,052,134$865,123$1,953,857
61$2,125,915$1,072,086$862,502$2,107,718
62$2,310,160$1,092,020$858,797$2,276,085
63$2,512,171$1,111,903$853,942$2,460,408
64$2,733,727$1,131,702$847,864$2,662,286
65$2,976,791$1,151,378$840,490$2,883,482
66$3,243,519$1,170,892$831,743$3,125,935
67$3,536,291$1,190,199$821,540$3,391,784
68$3,857,728$1,209,253$809,795$3,683,383
69$4,210,713$1,228,004$796,421$4,003,329
70$4,598,428$1,246,397$781,323$4,354,481
71$5,024,373$1,264,377$764,403$4,739,989
72$5,492,407$1,281,879$745,558$5,163,325
73$6,006,780$1,298,839$724,682$5,628,315
74$6,572,175$1,315,186$701,663$6,139,171
75$7,193,751$1,330,844$676,382$6,700,540
76$7,877,191$1,345,732$648,718$7,317,538
77$8,628,756$1,359,764$618,542$7,995,804
78$9,455,345$1,372,850$585,720$8,741,552
79$10,364,561$1,384,889$550,111$9,561,628
80$11,364,776$1,395,779$511,570$10,463,577
81$12,465,219$1,405,408$469,944$11,455,713
82$13,676,056$1,413,658$425,071$12,547,198
83$15,008,489$1,420,402$376,787$13,748,128
84$16,474,861$1,425,508$324,915$15,069,626
85$18,088,771$1,428,832$269,274$16,523,953
86$19,865,204$1,430,223$209,673$18,124,619
87$21,820,672$1,429,521$145,914$19,886,510
88$23,973,368$1,426,555$77,790$21,826,032
89$26,343,339$1,421,144$5,083$23,961,263
90$28,952,675$1,413,095$0$26,312,127
91$31,825,716$1,402,205$0$28,906,765
92$34,989,283$1,388,257$0$31,764,049
93$38,472,930$1,371,022$0$34,910,227
94$42,309,223$1,350,256$0$38,374,699
95$46,534,048$1,325,703$0$42,189,868
96$51,186,948$1,297,089$0$46,391,437
97$56,311,496$1,264,126$0$51,018,751
98$61,955,707$1,226,507$0$56,115,166
99$68,172,492$1,183,908$0$61,728,460
100$75,020,154$1,135,987$0$67,911,282