Can I retire at age 50 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$68,954$68,339$67,740$67,155$66,584$65,481
2 years$34,135$33,500$32,884$32,286$31,707$30,599
3 years$22,531$21,892$21,278$20,686$20,116$19,037
4 years$16,730$16,093$15,485$14,903$14,347$13,306
5 years$13,250$12,617$12,017$11,447$10,906$9,906
6 years$10,931$10,303$9,711$9,154$8,630$7,672
7 years$9,275$8,652$8,070$7,526$7,018$6,102
8 years$8,034$7,417$6,844$6,314$5,822$4,948
9 years$7,069$6,458$5,895$5,378$4,903$4,071
10 years$6,297$5,692$5,139$4,636$4,178$3,386
11 years$5,666$5,067$4,525$4,034$3,593$2,842
12 years$5,141$4,548$4,015$3,539$3,114$2,401
13 years$4,697$4,110$3,588$3,124$2,715$2,041
14 years$4,317$3,736$3,223$2,773$2,380$1,742
15 years$3,987$3,413$2,910$2,473$2,096$1,494
16 years$3,699$3,131$2,639$2,215$1,852$1,284
17 years$3,446$2,884$2,401$1,990$1,642$1,108
18 years$3,220$2,665$2,192$1,793$1,460$957
19 years$3,019$2,470$2,007$1,620$1,302$829
20 years$2,838$2,295$1,841$1,467$1,163$719
21 years$2,674$2,138$1,694$1,332$1,040$625
22 years$2,526$1,995$1,561$1,211$933$544
23 years$2,390$1,866$1,441$1,103$837$473
24 years$2,267$1,749$1,333$1,006$752$413
25 years$2,153$1,641$1,235$919$677$360
26 years$2,048$1,542$1,145$840$610$314
27 years$1,951$1,451$1,063$769$550$275
28 years$1,861$1,368$989$704$496$240
29 years$1,778$1,290$920$646$448$210
30 years$1,700$1,218$857$593$405$184
31 years$1,627$1,152$799$544$366$161
32 years$1,559$1,090$745$500$331$141
33 years$1,495$1,032$696$460$300$123
34 years$1,436$978$650$423$271$108
35 years$1,379$928$608$390$246$94
36 years$1,326$881$569$359$223$83
37 years$1,276$836$532$331$202$72
38 years$1,229$795$498$305$183$64
39 years$1,184$756$467$281$166$56
40 years$1,142$719$438$259$150$49
41 years$1,101$685$410$239$136$43
42 years$1,063$652$385$221$124$37
43 years$1,027$621$361$204$112$33
44 years$992$592$339$188$102$29
45 years$959$565$318$174$93$25
46 years$928$539$299$160$84$22
47 years$898$514$281$148$76$19
48 years$869$491$264$137$69$17
49 years$842$469$248$127$63$15
50 years$815$448$233$117$57$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $835,000, adding $4,184 every year, while hoping to spend $57,933 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: 62/26/12 Blend
49$835,000$835,000$835,000$835,000
50$924,486$880,231$867,288$978,936
51$957,143$861,722$834,702$997,435
52$991,190$840,364$799,083$1,010,610
53$1,026,706$815,957$760,267$1,023,566
54$1,063,780$788,289$718,086$1,036,284
55$1,102,504$757,133$672,360$1,048,744
56$1,142,979$722,253$622,904$1,060,927
57$1,185,316$683,396$569,524$1,072,817
58$1,229,632$640,296$512,017$1,084,396
59$1,276,056$592,673$450,171$1,095,648
60$1,324,727$540,227$383,765$1,106,561
61$1,375,795$482,644$312,568$1,117,124
62$1,429,425$419,592$236,337$1,127,327
63$1,485,794$350,720$154,822$1,137,165
64$1,545,096$275,655$67,759$1,146,637
65$1,607,540$194,007$0$1,155,745
66$1,673,356$105,361$0$1,167,719
67$1,742,794$9,279$0$1,188,820
68$1,816,125$0$0$1,210,423
69$1,893,646$0$0$1,259,692
70$1,975,681$0$0$1,314,667
71$2,062,583$0$0$1,372,933
72$2,154,739$0$0$1,434,754
73$2,252,571$0$0$1,500,417
74$2,356,540$0$0$1,570,236
75$2,467,152$0$0$1,644,555
76$2,584,958$0$0$1,723,751
77$2,710,565$0$0$1,808,235
78$2,844,635$0$0$1,898,459
79$2,987,894$0$0$1,994,919
80$3,141,139$0$0$2,098,156
81$3,305,241$0$0$2,208,765
82$3,481,159$0$0$2,327,400
83$3,669,942$0$0$2,454,775
84$3,872,742$0$0$2,591,677
85$4,090,825$0$0$2,738,969
86$4,325,579$0$0$2,897,596
87$4,578,528$0$0$3,068,601
88$4,851,349$0$0$3,253,124
89$5,145,880$0$0$3,452,422
90$5,464,143$0$0$3,667,873
91$5,808,361$0$0$3,900,995
92$6,180,976$0$0$4,153,454
93$6,584,672$0$0$4,427,082
94$7,022,403$0$0$4,723,894
95$7,497,413$0$0$5,046,107
96$8,013,275$0$0$5,396,157
97$8,573,916$0$0$5,776,726
98$9,183,655$0$0$6,190,762
99$9,847,246$0$0$6,641,512
100$10,569,920$0$0$7,132,546