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%13.1%
1 years$68,128$67,521$66,929$66,351$65,787$64,938
2 years$33,727$33,098$32,490$31,899$31,327$30,473
3 years$22,261$21,630$21,023$20,438$19,875$19,042
4 years$16,529$15,900$15,299$14,725$14,175$13,370
5 years$13,091$12,466$11,873$11,310$10,776$10,001
6 years$10,800$10,180$9,595$9,045$8,526$7,783
7 years$9,164$8,549$7,974$7,436$6,934$6,222
8 years$7,938$7,328$6,762$6,238$5,753$5,072
9 years$6,984$6,380$5,824$5,313$4,845$4,195
10 years$6,222$5,624$5,078$4,580$4,128$3,508
11 years$5,599$5,007$4,470$3,986$3,550$2,961
12 years$5,080$4,494$3,967$3,496$3,076$2,516
13 years$4,641$4,061$3,545$3,087$2,683$2,151
14 years$4,265$3,691$3,185$2,740$2,352$1,848
15 years$3,940$3,372$2,875$2,444$2,071$1,594
16 years$3,655$3,094$2,607$2,188$1,830$1,379
17 years$3,404$2,849$2,372$1,966$1,623$1,197
18 years$3,182$2,633$2,166$1,772$1,443$1,041
19 years$2,983$2,440$1,982$1,601$1,286$908
20 years$2,804$2,267$1,819$1,450$1,149$793
21 years$2,642$2,112$1,674$1,316$1,028$694
22 years$2,496$1,972$1,542$1,196$921$608
23 years$2,362$1,844$1,424$1,090$827$533
24 years$2,239$1,728$1,317$994$743$468
25 years$2,127$1,621$1,220$908$669$411
26 years$2,023$1,524$1,131$830$603$361
27 years$1,928$1,434$1,051$760$543$318
28 years$1,839$1,351$977$696$490$280
29 years$1,756$1,275$909$638$443$246
30 years$1,679$1,204$847$586$400$217
31 years$1,608$1,138$789$538$362$191
32 years$1,540$1,077$736$494$327$169
33 years$1,477$1,020$688$455$296$149
34 years$1,418$967$642$418$268$131
35 years$1,363$917$601$385$243$116
36 years$1,310$870$562$355$220$102
37 years$1,261$826$526$327$199$90
38 years$1,214$785$492$301$181$80
39 years$1,170$747$461$278$164$71
40 years$1,128$711$432$256$149$62
41 years$1,088$676$406$236$135$55
42 years$1,050$644$380$218$122$49
43 years$1,014$614$357$201$111$43
44 years$980$585$335$186$101$38
45 years$948$558$315$172$92$34
46 years$917$532$295$159$83$30
47 years$887$508$278$147$75$26
48 years$859$485$261$135$69$23
49 years$831$463$245$125$62$20
50 years$805$442$231$116$57$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $825,000, adding $4,507 every year, while hoping to spend $55,756 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: 52/19/29 Blend
49$825,000$825,000$825,000$825,000
50$913,799$870,074$857,286$953,664
51$947,683$853,384$826,682$965,192
52$983,153$834,007$793,183$971,751
53$1,020,315$811,753$756,634$977,795
54$1,059,279$786,420$716,873$983,300
55$1,100,165$757,795$673,729$988,241
56$1,143,107$725,652$627,024$992,597
57$1,188,247$689,752$576,572$996,345
58$1,235,740$649,842$522,179$999,465
59$1,285,756$605,655$463,642$1,001,942
60$1,338,479$556,907$400,749$1,003,761
61$1,394,108$503,300$333,279$1,004,911
62$1,452,864$444,519$261,001$1,005,385
63$1,514,984$380,228$183,673$1,005,182
64$1,580,730$310,076$101,043$1,004,305
65$1,650,384$233,690$12,848$1,002,763
66$1,724,259$150,677$0$1,000,576
67$1,802,693$60,620$0$1,022,915
68$1,886,059$0$0$1,050,548
69$1,974,761$0$0$1,087,352
70$2,069,245$0$0$1,140,101
71$2,169,998$0$0$1,196,398
72$2,277,554$0$0$1,256,548
73$2,392,495$0$0$1,320,884
74$2,515,463$0$0$1,389,771
75$2,647,161$0$0$1,463,611
76$2,788,358$0$0$1,542,843
77$2,939,900$0$0$1,627,950
78$3,102,713$0$0$1,719,461
79$3,277,816$0$0$1,817,959
80$3,466,326$0$0$1,924,081
81$3,669,471$0$0$2,038,530
82$3,888,599$0$0$2,162,076
83$4,125,189$0$0$2,295,565
84$4,380,871$0$0$2,439,928
85$4,657,432$0$0$2,596,189
86$4,956,838$0$0$2,765,470
87$5,281,250$0$0$2,949,009
88$5,633,045$0$0$3,148,165
89$6,014,836$0$0$3,364,433
90$6,429,498$0$0$3,599,457
91$6,880,190$0$0$3,855,048
92$7,370,393$0$0$4,133,195
93$7,903,931$0$0$4,436,088
94$8,485,016$0$0$4,766,138
95$9,118,280$0$0$5,125,996
96$9,808,822$0$0$5,518,581
97$10,562,255$0$0$5,947,107
98$11,384,756$0$0$6,415,110
99$12,283,123$0$0$6,926,483
100$13,264,844$0$0$7,485,512