Can I retire at age 50 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$68,128$67,521$66,929$66,351$65,787$64,275
2 years$33,727$33,098$32,490$31,899$31,327$29,812
3 years$22,261$21,630$21,023$20,438$19,875$18,404
4 years$16,529$15,900$15,299$14,725$14,175$12,760
5 years$13,091$12,466$11,873$11,310$10,776$9,420
6 years$10,800$10,180$9,595$9,045$8,526$7,232
7 years$9,164$8,549$7,974$7,436$6,934$5,701
8 years$7,938$7,328$6,762$6,238$5,753$4,580
9 years$6,984$6,380$5,824$5,313$4,845$3,732
10 years$6,222$5,624$5,078$4,580$4,128$3,074
11 years$5,599$5,007$4,470$3,986$3,550$2,554
12 years$5,080$4,494$3,967$3,496$3,076$2,136
13 years$4,641$4,061$3,545$3,087$2,683$1,796
14 years$4,265$3,691$3,185$2,740$2,352$1,517
15 years$3,940$3,372$2,875$2,444$2,071$1,286
16 years$3,655$3,094$2,607$2,188$1,830$1,093
17 years$3,404$2,849$2,372$1,966$1,623$932
18 years$3,182$2,633$2,166$1,772$1,443$796
19 years$2,983$2,440$1,982$1,601$1,286$682
20 years$2,804$2,267$1,819$1,450$1,149$584
21 years$2,642$2,112$1,674$1,316$1,028$501
22 years$2,496$1,972$1,542$1,196$921$431
23 years$2,362$1,844$1,424$1,090$827$371
24 years$2,239$1,728$1,317$994$743$319
25 years$2,127$1,621$1,220$908$669$275
26 years$2,023$1,524$1,131$830$603$237
27 years$1,928$1,434$1,051$760$543$204
28 years$1,839$1,351$977$696$490$176
29 years$1,756$1,275$909$638$443$152
30 years$1,679$1,204$847$586$400$131
31 years$1,608$1,138$789$538$362$113
32 years$1,540$1,077$736$494$327$98
33 years$1,477$1,020$688$455$296$85
34 years$1,418$967$642$418$268$73
35 years$1,363$917$601$385$243$63
36 years$1,310$870$562$355$220$55
37 years$1,261$826$526$327$199$47
38 years$1,214$785$492$301$181$41
39 years$1,170$747$461$278$164$35
40 years$1,128$711$432$256$149$30
41 years$1,088$676$406$236$135$26
42 years$1,050$644$380$218$122$23
43 years$1,014$614$357$201$111$20
44 years$980$585$335$186$101$17
45 years$948$558$315$172$92$15
46 years$917$532$295$159$83$13
47 years$887$508$278$147$75$11
48 years$859$485$261$135$69$10
49 years$831$463$245$125$62$8
50 years$805$442$231$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $825,000, adding $4,041 every year, while hoping to spend $58,842 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: 50/21/29 Blend
49$825,000$825,000$825,000$825,000
50$913,318$869,593$856,806$951,303
51$943,869$849,596$822,901$958,311
52$975,564$826,647$785,889$959,766
53$1,008,458$800,538$745,602$960,209
54$1,042,609$771,053$701,868$959,572
55$1,078,078$737,958$654,504$957,783
56$1,114,933$701,008$603,321$954,769
57$1,153,244$659,946$548,120$950,451
58$1,193,087$614,495$488,694$944,751
59$1,234,544$564,368$424,827$937,583
60$1,277,702$509,256$356,294$928,861
61$1,322,655$448,837$282,857$918,496
62$1,369,505$382,769$204,271$906,393
63$1,418,358$310,688$120,278$892,456
64$1,469,334$232,215$30,611$876,585
65$1,522,557$146,945$0$858,677
66$1,578,165$54,453$0$858,764
67$1,636,305$0$0$868,015
68$1,697,135$0$0$887,495
69$1,760,829$0$0$921,090
70$1,827,574$0$0$956,319
71$1,897,571$0$0$993,291
72$1,971,041$0$0$1,032,126
73$2,048,222$0$0$1,072,955
74$2,129,373$0$0$1,115,917
75$2,214,778$0$0$1,161,168
76$2,304,742$0$0$1,208,875
77$2,399,601$0$0$1,259,219
78$2,499,718$0$0$1,312,400
79$2,605,491$0$0$1,368,635
80$2,717,352$0$0$1,428,161
81$2,835,776$0$0$1,491,236
82$2,961,279$0$0$1,558,143
83$3,094,425$0$0$1,629,190
84$3,235,831$0$0$1,704,716
85$3,386,173$0$0$1,785,090
86$3,546,189$0$0$1,870,717
87$3,716,686$0$0$1,962,039
88$3,898,552$0$0$2,059,543
89$4,092,755$0$0$2,163,759
90$4,300,357$0$0$2,275,271
91$4,522,525$0$0$2,394,717
92$4,760,535$0$0$2,522,799
93$5,015,789$0$0$2,660,285
94$5,289,823$0$0$2,808,021
95$5,584,325$0$0$2,966,931
96$5,901,147$0$0$3,138,034
97$6,242,322$0$0$3,322,447
98$6,610,084$0$0$3,521,395
99$7,006,885$0$0$3,736,229
100$7,435,422$0$0$3,968,429