Can I retire at age 50 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$68,210$67,603$67,010$66,431$65,866$63,835
2 years$33,767$33,139$32,529$31,938$31,365$29,336
3 years$22,288$21,656$21,048$20,463$19,899$17,936
4 years$16,549$15,920$15,318$14,743$14,192$12,311
5 years$13,107$12,481$11,887$11,324$10,789$8,993
6 years$10,813$10,192$9,607$9,056$8,537$6,829
7 years$9,175$8,559$7,983$7,445$6,943$5,323
8 years$7,947$7,337$6,770$6,246$5,760$4,227
9 years$6,993$6,388$5,831$5,320$4,850$3,402
10 years$6,229$5,631$5,084$4,586$4,133$2,768
11 years$5,605$5,013$4,476$3,991$3,554$2,270
12 years$5,086$4,499$3,972$3,501$3,080$1,874
13 years$4,646$4,066$3,549$3,091$2,686$1,554
14 years$4,270$3,696$3,189$2,743$2,354$1,295
15 years$3,944$3,376$2,879$2,447$2,073$1,082
16 years$3,659$3,098$2,610$2,191$1,832$907
17 years$3,408$2,853$2,375$1,968$1,625$762
18 years$3,186$2,636$2,168$1,774$1,444$642
19 years$2,986$2,443$1,985$1,603$1,287$541
20 years$2,807$2,270$1,822$1,452$1,150$457
21 years$2,646$2,115$1,676$1,317$1,029$386
22 years$2,499$1,974$1,544$1,198$922$327
23 years$2,365$1,846$1,426$1,091$828$277
24 years$2,242$1,730$1,319$995$744$234
25 years$2,130$1,623$1,221$909$670$199
26 years$2,026$1,526$1,133$831$603$168
27 years$1,930$1,436$1,052$761$544$143
28 years$1,841$1,353$978$697$491$121
29 years$1,758$1,276$910$639$443$103
30 years$1,681$1,205$848$586$400$87
31 years$1,610$1,139$790$539$362$74
32 years$1,542$1,078$737$495$327$63
33 years$1,479$1,021$688$455$296$54
34 years$1,420$968$643$419$268$46
35 years$1,364$918$601$386$243$39
36 years$1,312$871$563$355$220$33
37 years$1,262$827$527$327$200$28
38 years$1,216$786$493$302$181$24
39 years$1,171$748$462$278$164$20
40 years$1,129$711$433$256$149$17
41 years$1,089$677$406$237$135$15
42 years$1,052$645$381$218$123$12
43 years$1,016$615$357$202$111$11
44 years$981$586$335$186$101$9
45 years$949$559$315$172$92$8
46 years$918$533$296$159$83$6
47 years$888$508$278$147$76$6
48 years$860$485$261$136$69$5
49 years$832$464$245$125$62$4
50 years$806$443$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $826,000, adding $2,292 every year, while hoping to spend $48,006 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: 75/15/10 Blend
49$826,000$826,000$826,000$826,000
50$912,616$868,838$856,035$979,254
51$954,625$860,333$833,634$1,014,981
52$999,310$849,803$808,874$1,047,837
53$1,046,893$837,096$781,625$1,082,494
54$1,097,617$822,056$751,751$1,119,113
55$1,151,750$804,512$719,110$1,157,874
56$1,209,583$784,287$683,554$1,198,974
57$1,271,435$761,193$644,929$1,242,633
58$1,337,659$735,028$603,071$1,289,093
59$1,408,638$705,583$557,812$1,338,621
60$1,484,796$672,633$508,975$1,391,513
61$1,566,594$635,941$456,375$1,448,095
62$1,654,542$595,257$399,819$1,508,729
63$1,749,197$550,317$339,105$1,573,813
64$1,851,173$500,840$274,022$1,643,788
65$1,961,142$446,531$204,352$1,719,141
66$2,079,845$387,077$129,864$1,800,412
67$2,208,093$322,147$50,318$1,888,195
68$2,346,780$251,394$0$1,983,147
69$2,496,886$174,447$0$2,089,684
70$2,659,492$90,918$0$2,210,889
71$2,835,783$396$0$2,342,303
72$3,027,064$0$0$2,484,936
73$3,234,770$0$0$2,656,004
74$3,460,478$0$0$2,842,000
75$3,705,926$0$0$3,044,293
76$3,973,022$0$0$3,264,460
77$4,263,868$0$0$3,504,238
78$4,580,777$0$0$3,765,538
79$4,926,293$0$0$4,050,462
80$5,303,217$0$0$4,361,325
81$5,714,633$0$0$4,700,674
82$6,163,934$0$0$5,071,313
83$6,654,855$0$0$5,476,329
84$7,191,510$0$0$5,919,121
85$7,778,425$0$0$6,403,430
86$8,420,588$0$0$6,933,377
87$9,123,487$0$0$7,513,496
88$9,893,169$0$0$8,148,785
89$10,736,288$0$0$8,844,744
90$11,660,178$0$0$9,607,432
91$12,672,911$0$0$10,443,520
92$13,783,379$0$0$11,360,357
93$15,001,378$0$0$12,366,037
94$16,337,693$0$0$13,469,474
95$17,804,206$0$0$14,680,489
96$19,414,007$0$0$16,009,896
97$21,181,510$0$0$17,469,610
98$23,122,598$0$0$19,072,757
99$25,254,765$0$0$20,833,794
100$27,597,284$0$0$22,768,649