Can I retire at age 50 with 839,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.9%
1 years$69,284$68,667$68,065$67,477$66,903$64,249
2 years$34,299$33,660$33,041$32,441$31,859$29,217
3 years$22,639$21,997$21,380$20,785$20,212$17,667
4 years$16,810$16,170$15,559$14,975$14,416$11,986
5 years$13,313$12,678$12,074$11,502$10,959$8,651
6 years$10,983$10,352$9,758$9,198$8,671$6,487
7 years$9,320$8,694$8,109$7,562$7,052$4,990
8 years$8,072$7,452$6,877$6,344$5,850$3,908
9 years$7,103$6,489$5,923$5,404$4,927$3,102
10 years$6,327$5,719$5,164$4,658$4,198$2,487
11 years$5,694$5,092$4,546$4,054$3,610$2,010
12 years$5,166$4,570$4,035$3,556$3,129$1,633
13 years$4,720$4,130$3,605$3,139$2,728$1,334
14 years$4,337$3,754$3,239$2,787$2,392$1,094
15 years$4,006$3,429$2,924$2,485$2,106$899
16 years$3,717$3,146$2,651$2,225$1,861$741
17 years$3,462$2,898$2,413$1,999$1,650$613
18 years$3,236$2,678$2,202$1,802$1,467$507
19 years$3,033$2,482$2,016$1,628$1,308$420
20 years$2,851$2,306$1,850$1,475$1,168$348
21 years$2,687$2,148$1,702$1,338$1,045$289
22 years$2,538$2,005$1,569$1,217$937$240
23 years$2,402$1,875$1,448$1,108$841$200
24 years$2,277$1,757$1,339$1,011$756$166
25 years$2,163$1,649$1,241$923$680$138
26 years$2,058$1,550$1,151$844$613$115
27 years$1,960$1,458$1,068$772$552$96
28 years$1,870$1,374$993$708$498$80
29 years$1,786$1,296$924$649$450$67
30 years$1,708$1,224$861$596$407$55
31 years$1,635$1,157$803$547$368$46
32 years$1,567$1,095$749$503$333$39
33 years$1,503$1,037$699$462$301$32
34 years$1,442$983$653$425$273$27
35 years$1,386$932$611$392$247$22
36 years$1,333$885$571$361$224$19
37 years$1,282$840$535$332$203$16
38 years$1,235$799$501$306$184$13
39 years$1,190$760$469$282$167$11
40 years$1,147$723$440$260$151$9
41 years$1,107$688$412$240$137$8
42 years$1,068$655$387$222$124$6
43 years$1,032$624$363$205$113$5
44 years$997$595$341$189$103$4
45 years$964$567$320$175$93$4
46 years$932$541$300$161$84$3
47 years$902$517$282$149$77$3
48 years$873$493$265$138$70$2
49 years$846$471$249$127$63$2
50 years$819$450$234$118$57$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $839,000, adding $5,138 every year, while hoping to spend $44,011 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: 82/12/6 Blend
49$839,000$839,000$839,000$839,000
50$929,878$885,411$872,406$1,005,343
51$977,898$881,969$854,805$1,051,983
52$1,029,341$876,883$835,138$1,096,744
53$1,084,510$870,026$813,291$1,144,518
54$1,143,737$861,264$789,143$1,195,581
55$1,207,386$850,453$762,567$1,250,236
56$1,275,857$837,443$733,431$1,308,818
57$1,349,589$822,074$701,596$1,371,694
58$1,429,066$804,174$666,918$1,439,272
59$1,514,817$783,564$629,246$1,511,997
60$1,607,423$760,054$588,421$1,590,362
61$1,707,526$733,442$544,279$1,674,910
62$1,815,828$703,515$496,646$1,766,239
63$1,933,101$670,046$445,343$1,865,007
64$2,060,197$632,798$390,181$1,971,942
65$2,198,048$591,516$330,963$2,087,844
66$2,347,684$545,935$267,485$2,213,595
67$2,510,233$495,772$199,532$2,350,168
68$2,686,940$440,727$126,879$2,498,634
69$2,879,171$380,487$49,293$2,660,177
70$3,088,433$314,716$0$2,836,099
71$3,316,380$243,064$0$3,029,981
72$3,564,834$165,158$0$3,244,768
73$3,835,802$80,606$0$3,479,066
74$4,131,490$0$0$3,734,815
75$4,454,329$0$0$4,015,611
76$4,806,991$0$0$4,333,992
77$5,192,423$0$0$4,681,975
78$5,613,865$0$0$5,062,488
79$6,074,885$0$0$5,478,756
80$6,579,415$0$0$5,934,331
81$7,131,781$0$0$6,433,121
82$7,736,748$0$0$6,979,434
83$8,399,564$0$0$7,578,009
84$9,126,008$0$0$8,234,069
85$9,922,444$0$0$8,953,365
86$10,795,882$0$0$9,742,230
87$11,754,043$0$0$10,607,643
88$12,805,432$0$0$11,557,285
89$13,959,416$0$0$12,599,623
90$15,226,312$0$0$13,743,980
91$16,617,488$0$0$15,000,625
92$18,145,463$0$0$16,380,874
93$19,824,032$0$0$17,897,188
94$21,668,387$0$0$19,563,299
95$23,695,270$0$0$21,394,331
96$25,923,120$0$0$23,406,950
97$28,372,256$0$0$25,619,513
98$31,065,061$0$0$28,052,247
99$34,026,195$0$0$30,727,436
100$37,282,828$0$0$33,669,630