Can I retire at age 50 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$67,550$66,948$66,361$65,788$65,228$62,789
2 years$33,440$32,818$32,214$31,629$31,061$28,632
3 years$22,072$21,447$20,845$20,265$19,706$17,363
4 years$16,389$15,766$15,170$14,600$14,055$11,815
5 years$12,980$12,360$11,772$11,214$10,684$8,555
6 years$10,708$10,093$9,514$8,968$8,454$6,436
7 years$9,086$8,476$7,906$7,373$6,875$4,968
8 years$7,870$7,266$6,705$6,185$5,704$3,905
9 years$6,925$6,326$5,775$5,268$4,803$3,111
10 years$6,169$5,576$5,035$4,541$4,093$2,504
11 years$5,551$4,964$4,432$3,952$3,520$2,031
12 years$5,036$4,456$3,934$3,467$3,050$1,657
13 years$4,601$4,027$3,514$3,061$2,660$1,359
14 years$4,229$3,660$3,158$2,717$2,332$1,119
15 years$3,906$3,343$2,851$2,423$2,053$924
16 years$3,624$3,068$2,585$2,169$1,814$765
17 years$3,375$2,825$2,352$1,949$1,609$635
18 years$3,155$2,611$2,147$1,757$1,430$528
19 years$2,957$2,419$1,966$1,587$1,275$439
20 years$2,780$2,248$1,804$1,438$1,139$366
21 years$2,620$2,094$1,659$1,305$1,019$305
22 years$2,474$1,955$1,529$1,186$914$255
23 years$2,342$1,828$1,412$1,080$820$213
24 years$2,220$1,713$1,306$985$737$178
25 years$2,109$1,608$1,210$900$663$149
26 years$2,006$1,511$1,122$823$597$125
27 years$1,911$1,422$1,042$753$539$104
28 years$1,823$1,340$968$690$486$87
29 years$1,741$1,264$901$633$439$73
30 years$1,665$1,194$839$581$397$61
31 years$1,594$1,128$783$533$359$51
32 years$1,527$1,068$730$490$324$43
33 years$1,465$1,011$682$451$293$36
34 years$1,406$958$637$415$266$30
35 years$1,351$909$596$382$241$25
36 years$1,299$863$557$352$218$21
37 years$1,250$819$521$324$198$18
38 years$1,204$779$488$299$179$15
39 years$1,160$741$457$275$162$12
40 years$1,118$705$429$254$147$10
41 years$1,079$671$402$234$134$9
42 years$1,041$639$377$216$121$7
43 years$1,006$609$354$200$110$6
44 years$972$580$332$184$100$5
45 years$940$553$312$170$91$4
46 years$909$528$293$157$82$4
47 years$879$504$275$145$75$3
48 years$851$481$259$134$68$3
49 years$824$459$243$124$62$2
50 years$799$439$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $818,000, adding $5,283 every year, while hoping to spend $46,034 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: 57/20/23 Blend
49$818,000$818,000$818,000$818,000
50$906,885$863,531$850,852$952,660
51$950,408$856,865$830,376$977,849
52$996,827$848,328$807,671$999,935
53$1,046,389$837,782$782,614$1,023,019
54$1,099,365$825,078$755,076$1,047,208
55$1,156,051$810,058$724,922$1,072,624
56$1,216,773$792,555$692,011$1,099,403
57$1,281,886$772,393$656,196$1,127,696
58$1,351,783$749,384$617,323$1,157,674
59$1,426,892$723,331$575,230$1,189,526
60$1,507,685$694,024$529,750$1,223,466
61$1,594,679$661,242$480,707$1,259,729
62$1,688,443$624,749$427,917$1,298,580
63$1,789,600$584,298$371,189$1,340,314
64$1,898,837$539,626$310,322$1,385,259
65$2,016,907$490,457$245,106$1,433,780
66$2,144,638$436,496$175,324$1,486,285
67$2,282,942$377,435$100,748$1,543,227
68$2,432,818$312,945$21,139$1,605,108
69$2,595,367$242,681$0$1,672,490
70$2,771,801$166,279$0$1,761,655
71$2,963,449$83,351$0$1,864,188
72$3,171,776$0$0$1,975,729
73$3,398,394$0$0$2,098,632
74$3,645,074$0$0$2,252,447
75$3,913,766$0$0$2,420,053
76$4,206,618$0$0$2,602,797
77$4,525,990$0$0$2,802,161
78$4,874,483$0$0$3,019,779
79$5,254,957$0$0$3,257,444
80$5,670,563$0$0$3,517,136
81$6,124,769$0$0$3,801,030
82$6,621,391$0$0$4,111,524
83$7,164,633$0$0$4,451,255
84$7,759,124$0$0$4,823,131
85$8,409,959$0$0$5,230,350
86$9,122,751$0$0$5,676,436
87$9,903,679$0$0$6,165,270
88$10,759,550$0$0$6,701,124
89$11,697,859$0$0$7,288,706
90$12,726,862$0$0$7,933,199
91$13,855,651$0$0$8,640,314
92$15,094,242$0$0$9,416,339
93$16,453,668$0$0$10,268,202
94$17,946,078$0$0$11,203,534
95$19,584,860$0$0$12,230,742
96$21,384,758$0$0$13,359,084
97$23,362,017$0$0$14,598,763
98$25,534,530$0$0$15,961,016
99$27,922,012$0$0$17,458,224
100$30,546,180$0$0$19,104,027