Can I retire at age 50 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$69,284$68,667$68,065$67,477$66,903$64,684
2 years$34,299$33,660$33,041$32,441$31,859$29,644
3 years$22,639$21,997$21,380$20,785$20,212$18,073
4 years$16,810$16,170$15,559$14,975$14,416$12,367
5 years$13,313$12,678$12,074$11,502$10,959$9,006
6 years$10,983$10,352$9,758$9,198$8,671$6,816
7 years$9,320$8,694$8,109$7,562$7,052$5,295
8 years$8,072$7,452$6,877$6,344$5,850$4,189
9 years$7,103$6,489$5,923$5,404$4,927$3,360
10 years$6,327$5,719$5,164$4,658$4,198$2,723
11 years$5,694$5,092$4,546$4,054$3,610$2,225
12 years$5,166$4,570$4,035$3,556$3,129$1,829
13 years$4,720$4,130$3,605$3,139$2,728$1,511
14 years$4,337$3,754$3,239$2,787$2,392$1,254
15 years$4,006$3,429$2,924$2,485$2,106$1,043
16 years$3,717$3,146$2,651$2,225$1,861$871
17 years$3,462$2,898$2,413$1,999$1,650$729
18 years$3,236$2,678$2,202$1,802$1,467$611
19 years$3,033$2,482$2,016$1,628$1,308$512
20 years$2,851$2,306$1,850$1,475$1,168$431
21 years$2,687$2,148$1,702$1,338$1,045$362
22 years$2,538$2,005$1,569$1,217$937$305
23 years$2,402$1,875$1,448$1,108$841$257
24 years$2,277$1,757$1,339$1,011$756$217
25 years$2,163$1,649$1,241$923$680$183
26 years$2,058$1,550$1,151$844$613$154
27 years$1,960$1,458$1,068$772$552$130
28 years$1,870$1,374$993$708$498$110
29 years$1,786$1,296$924$649$450$93
30 years$1,708$1,224$861$596$407$79
31 years$1,635$1,157$803$547$368$66
32 years$1,567$1,095$749$503$333$56
33 years$1,503$1,037$699$462$301$47
34 years$1,442$983$653$425$273$40
35 years$1,386$932$611$392$247$34
36 years$1,333$885$571$361$224$29
37 years$1,282$840$535$332$203$24
38 years$1,235$799$501$306$184$21
39 years$1,190$760$469$282$167$17
40 years$1,147$723$440$260$151$15
41 years$1,107$688$412$240$137$12
42 years$1,068$655$387$222$124$11
43 years$1,032$624$363$205$113$9
44 years$997$595$341$189$103$8
45 years$964$567$320$175$93$6
46 years$932$541$300$161$84$5
47 years$902$517$282$149$77$5
48 years$873$493$265$138$70$4
49 years$846$471$249$127$63$3
50 years$819$450$234$118$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $839,000, adding $4,508 every year, while hoping to spend $56,136 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: 66/21/13 Blend
49$839,000$839,000$839,000$839,000
50$929,228$884,761$871,757$987,494
51$964,281$868,386$841,232$1,010,557
52$1,001,028$849,327$807,804$1,028,748
53$1,039,582$827,394$771,315$1,047,215
54$1,080,068$802,384$731,601$1,065,979
55$1,122,617$774,084$688,493$1,085,070
56$1,167,377$742,267$641,810$1,104,518
57$1,214,505$706,693$591,367$1,124,362
58$1,264,175$667,111$536,967$1,144,644
59$1,316,573$623,252$478,408$1,165,416
60$1,371,904$574,832$415,475$1,186,736
61$1,430,391$521,552$347,947$1,208,669
62$1,492,279$463,096$275,591$1,231,293
63$1,557,833$399,129$198,165$1,254,695
64$1,627,344$329,298$115,416$1,278,974
65$1,701,129$253,230$27,078$1,304,245
66$1,779,536$170,530$0$1,330,636
67$1,862,945$80,782$0$1,367,613
68$1,951,771$0$0$1,410,636
69$2,046,469$0$0$1,459,975
70$2,147,539$0$0$1,532,588
71$2,255,526$0$0$1,610,205
72$2,371,029$0$0$1,693,259
73$2,494,706$0$0$1,782,227
74$2,627,274$0$0$1,877,632
75$2,769,526$0$0$1,980,047
76$2,922,326$0$0$2,090,102
77$3,086,627$0$0$2,208,487
78$3,263,472$0$0$2,335,961
79$3,454,009$0$0$2,473,357
80$3,659,497$0$0$2,621,590
81$3,881,320$0$0$2,781,666
82$4,120,999$0$0$2,954,688
83$4,380,203$0$0$3,141,871
84$4,660,771$0$0$3,344,549
85$4,964,722$0$0$3,564,191
86$5,294,274$0$0$3,802,408
87$5,651,870$0$0$4,060,976
88$6,040,195$0$0$4,341,845
89$6,462,201$0$0$4,647,163
90$6,921,138$0$0$4,979,290
91$7,420,580$0$0$5,340,824
92$7,964,461$0$0$5,734,625
93$8,557,106$0$0$6,163,839
94$9,203,281$0$0$6,631,927
95$9,908,225$0$0$7,142,700
96$10,677,709$0$0$7,700,354
97$11,518,085$0$0$8,309,504
98$12,436,343$0$0$8,975,235
99$13,440,181$0$0$9,703,143
100$14,538,074$0$0$10,499,388