Can I retire at age 50 with 832,000?

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 $832,000?

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$68,706$68,094$67,497$66,914$66,345$66,038
2 years$34,013$33,379$32,765$32,170$31,593$31,283
3 years$22,450$21,814$21,201$20,612$20,044$19,740
4 years$16,670$16,035$15,429$14,850$14,295$14,001
5 years$13,202$12,572$11,974$11,406$10,867$10,583
6 years$10,892$10,266$9,677$9,121$8,599$8,325
7 years$9,242$8,621$8,041$7,499$6,993$6,729
8 years$8,005$7,390$6,820$6,291$5,801$5,548
9 years$7,043$6,434$5,874$5,358$4,886$4,643
10 years$6,275$5,672$5,121$4,619$4,163$3,930
11 years$5,646$5,049$4,508$4,020$3,580$3,358
12 years$5,123$4,532$4,001$3,526$3,103$2,890
13 years$4,680$4,095$3,575$3,113$2,705$2,503
14 years$4,301$3,723$3,212$2,763$2,372$2,178
15 years$3,973$3,401$2,900$2,464$2,088$1,904
16 years$3,686$3,120$2,629$2,207$1,845$1,671
17 years$3,433$2,873$2,392$1,983$1,636$1,470
18 years$3,209$2,655$2,184$1,787$1,455$1,297
19 years$3,008$2,461$1,999$1,614$1,297$1,147
20 years$2,828$2,287$1,835$1,462$1,158$1,017
21 years$2,665$2,130$1,688$1,327$1,037$903
22 years$2,517$1,988$1,555$1,207$929$803
23 years$2,382$1,860$1,436$1,099$834$715
24 years$2,258$1,742$1,328$1,002$750$637
25 years$2,145$1,635$1,230$915$675$568
26 years$2,041$1,537$1,141$837$608$508
27 years$1,944$1,446$1,060$766$548$454
28 years$1,854$1,363$985$702$494$406
29 years$1,771$1,286$917$644$446$363
30 years$1,694$1,214$854$591$403$326
31 years$1,621$1,148$796$542$365$292
32 years$1,553$1,086$743$499$330$262
33 years$1,490$1,028$693$458$299$235
34 years$1,430$975$648$422$270$210
35 years$1,374$925$606$388$245$189
36 years$1,321$878$567$358$222$170
37 years$1,272$833$530$330$201$152
38 years$1,224$792$497$304$182$137
39 years$1,180$753$465$280$165$123
40 years$1,137$717$436$258$150$110
41 years$1,097$682$409$238$136$99
42 years$1,059$650$384$220$123$89
43 years$1,023$619$360$203$112$80
44 years$989$590$338$187$102$72
45 years$956$563$317$173$92$65
46 years$924$537$298$160$84$58
47 years$894$512$280$148$76$52
48 years$866$489$263$137$69$47
49 years$838$467$247$126$63$42
50 years$812$446$232$117$57$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $832,000, adding $4,393 every year, while hoping to spend $47,926 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: 67/5/28 Blend
49$832,000$832,000$832,000$832,000
50$921,395$877,299$864,403$976,095
51$964,385$869,294$842,368$1,005,491
52$1,010,153$859,290$817,988$1,031,832
53$1,058,932$847,140$791,135$1,059,573
54$1,110,978$832,684$761,673$1,088,854
55$1,166,570$815,758$729,461$1,119,831
56$1,226,014$796,184$694,351$1,152,680
57$1,289,645$773,774$656,190$1,187,594
58$1,357,832$748,332$614,815$1,224,786
59$1,430,978$719,648$570,059$1,264,497
60$1,509,527$687,499$521,744$1,306,990
61$1,593,964$651,652$469,688$1,352,559
62$1,684,823$611,858$413,698$1,401,530
63$1,782,690$567,855$353,572$1,454,264
64$1,888,210$519,364$289,102$1,511,160
65$2,002,088$466,094$220,068$1,572,663
66$2,125,103$407,735$146,241$1,639,263
67$2,258,107$343,957$67,384$1,711,506
68$2,402,039$274,417$0$1,789,993
69$2,557,931$198,747$0$1,880,403
70$2,726,917$116,562$0$2,000,275
71$2,910,244$27,455$0$2,130,353
72$3,109,283$0$0$2,271,627
73$3,325,544$0$0$2,428,984
74$3,560,685$0$0$2,601,767
75$3,816,532$0$0$2,789,811
76$4,095,095$0$0$2,994,601
77$4,398,583$0$0$3,217,765
78$4,729,430$0$0$3,461,101
79$5,090,311$0$0$3,726,584
80$5,484,175$0$0$4,016,387
81$5,914,265$0$0$4,332,906
82$6,384,150$0$0$4,678,776
83$6,897,763$0$0$5,056,898
84$7,459,431$0$0$5,470,466
85$8,073,919$0$0$5,922,997
86$8,746,475$0$0$6,418,365
87$9,482,874$0$0$6,960,834
88$10,289,481$0$0$7,555,101
89$11,173,301$0$0$8,206,336
90$12,142,051$0$0$8,920,237
91$13,204,230$0$0$9,703,077
92$14,369,196$0$0$10,561,766
93$15,647,261$0$0$11,503,913
94$17,049,779$0$0$12,537,902
95$18,589,259$0$0$13,672,967
96$20,279,478$0$0$14,919,278
97$22,135,614$0$0$16,288,041
98$24,174,387$0$0$17,791,597
99$26,414,214$0$0$19,443,546
100$28,875,385$0$0$21,258,864