Can I retire at age 50 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$68,293$67,685$67,091$66,512$65,946$65,641
2 years$33,808$33,179$32,568$31,977$31,403$31,095
3 years$22,315$21,683$21,074$20,488$19,923$19,622
4 years$16,569$15,939$15,336$14,760$14,209$13,917
5 years$13,123$12,496$11,902$11,337$10,802$10,519
6 years$10,826$10,204$9,618$9,067$8,547$8,275
7 years$9,186$8,570$7,993$7,454$6,951$6,689
8 years$7,957$7,346$6,779$6,253$5,767$5,515
9 years$7,001$6,396$5,838$5,326$4,856$4,615
10 years$6,237$5,638$5,090$4,591$4,138$3,907
11 years$5,612$5,019$4,481$3,996$3,559$3,337
12 years$5,092$4,505$3,977$3,505$3,084$2,873
13 years$4,652$4,071$3,553$3,094$2,689$2,488
14 years$4,275$3,700$3,193$2,747$2,357$2,165
15 years$3,949$3,380$2,882$2,450$2,076$1,893
16 years$3,664$3,101$2,613$2,193$1,834$1,660
17 years$3,413$2,856$2,378$1,971$1,627$1,461
18 years$3,189$2,639$2,171$1,776$1,446$1,289
19 years$2,990$2,446$1,987$1,605$1,289$1,140
20 years$2,811$2,273$1,824$1,453$1,151$1,011
21 years$2,649$2,117$1,678$1,319$1,030$897
22 years$2,502$1,976$1,546$1,199$924$798
23 years$2,368$1,848$1,428$1,092$829$710
24 years$2,245$1,732$1,320$996$745$633
25 years$2,132$1,625$1,223$910$671$565
26 years$2,028$1,527$1,134$832$604$505
27 years$1,932$1,438$1,053$761$545$451
28 years$1,843$1,355$979$698$491$404
29 years$1,760$1,278$911$640$444$361
30 years$1,683$1,207$849$587$401$324
31 years$1,611$1,141$791$539$362$290
32 years$1,544$1,079$738$496$328$260
33 years$1,481$1,022$689$456$297$233
34 years$1,422$969$644$419$269$209
35 years$1,366$919$602$386$243$188
36 years$1,313$872$563$355$220$169
37 years$1,264$828$527$328$200$151
38 years$1,217$787$494$302$181$136
39 years$1,173$749$463$278$164$122
40 years$1,131$712$434$257$149$110
41 years$1,091$678$406$237$135$99
42 years$1,053$646$381$219$123$89
43 years$1,017$615$358$202$111$80
44 years$983$586$336$186$101$72
45 years$950$559$315$172$92$64
46 years$919$533$296$159$83$58
47 years$889$509$278$147$76$52
48 years$861$486$261$136$69$47
49 years$833$464$246$125$62$42
50 years$807$443$231$116$57$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $827,000, adding $4,109 every year, while hoping to spend $39,454 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: 50/22/28 Blend
49$827,000$827,000$827,000$827,000
50$915,592$871,761$858,943$953,936
51$967,004$872,499$845,739$981,902
52$1,022,337$871,950$830,770$1,008,026
53$1,081,951$870,011$813,936$1,035,651
54$1,146,238$866,569$795,130$1,064,937
55$1,215,631$861,508$774,244$1,096,064
56$1,290,605$854,702$751,161$1,129,231
57$1,371,682$846,018$725,760$1,164,660
58$1,459,436$835,315$697,916$1,202,598
59$1,554,499$822,446$667,496$1,243,321
60$1,657,563$807,251$634,363$1,287,135
61$1,769,391$789,563$598,371$1,334,380
62$1,890,823$769,205$559,370$1,385,433
63$2,022,781$745,990$517,203$1,440,714
64$2,166,280$719,719$471,705$1,500,690
65$2,322,437$690,182$422,703$1,565,877
66$2,492,481$657,156$370,019$1,636,848
67$2,677,764$620,406$313,464$1,714,242
68$2,879,773$579,684$252,843$1,798,763
69$3,100,147$534,726$187,950$1,891,195
70$3,340,689$485,254$118,573$1,992,404
71$3,603,381$430,974$44,488$2,103,352
72$3,890,410$371,575$0$2,225,103
73$4,204,180$306,730$0$2,369,166
74$4,547,337$236,091$0$2,541,373
75$4,922,798$159,292$0$2,729,940
76$5,333,773$75,947$0$2,936,545
77$5,783,796$0$0$3,163,041
78$6,276,759$0$0$3,414,949
79$6,816,950$0$0$3,711,222
80$7,409,089$0$0$4,036,076
81$8,058,376$0$0$4,392,373
82$8,770,537$0$0$4,783,269
83$9,551,880$0$0$5,212,236
84$10,409,353$0$0$5,683,101
85$11,350,607$0$0$6,200,081
86$12,384,075$0$0$6,767,817
87$13,519,040$0$0$7,391,425
88$14,765,734$0$0$8,076,540
89$16,135,424$0$0$8,829,369
90$17,640,526$0$0$9,656,750
91$19,294,716$0$0$10,566,219
92$21,113,061$0$0$11,566,074
93$23,112,161$0$0$12,665,461
94$25,310,305$0$0$13,874,454
95$27,727,642$0$0$15,204,153
96$30,386,371$0$0$16,666,789
97$33,310,951$0$0$18,275,836
98$36,528,332$0$0$20,046,140
99$40,068,205$0$0$21,994,059
100$43,963,285$0$0$24,137,618