Can I retire at age 50 with 846,000?

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 $846,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$69,862$69,240$68,632$68,040$67,461$65,991
2 years$34,585$33,941$33,317$32,711$32,124$30,651
3 years$22,828$22,181$21,558$20,959$20,381$18,950
4 years$16,950$16,305$15,689$15,099$14,536$13,158
5 years$13,425$12,784$12,175$11,598$11,050$9,730
6 years$11,075$10,439$9,839$9,275$8,743$7,482
7 years$9,397$8,766$8,177$7,625$7,111$5,908
8 years$8,140$7,514$6,934$6,397$5,899$4,755
9 years$7,162$6,543$5,973$5,449$4,968$3,881
10 years$6,380$5,767$5,207$4,697$4,233$3,203
11 years$5,741$5,134$4,584$4,088$3,640$2,666
12 years$5,209$4,608$4,068$3,585$3,155$2,234
13 years$4,759$4,164$3,635$3,165$2,751$1,882
14 years$4,373$3,785$3,266$2,810$2,411$1,593
15 years$4,040$3,458$2,949$2,506$2,123$1,353
16 years$3,748$3,173$2,673$2,244$1,877$1,153
17 years$3,491$2,922$2,433$2,016$1,664$985
18 years$3,263$2,700$2,221$1,817$1,479$844
19 years$3,059$2,502$2,033$1,642$1,319$724
20 years$2,875$2,325$1,866$1,487$1,178$622
21 years$2,710$2,166$1,716$1,349$1,054$535
22 years$2,559$2,022$1,582$1,227$945$461
23 years$2,422$1,891$1,460$1,117$848$397
24 years$2,296$1,772$1,351$1,019$762$343
25 years$2,181$1,663$1,251$931$686$296
26 years$2,075$1,563$1,160$851$618$256
27 years$1,977$1,471$1,077$779$557$221
28 years$1,886$1,386$1,002$714$503$191
29 years$1,801$1,307$932$654$454$165
30 years$1,722$1,235$868$601$410$143
31 years$1,648$1,167$809$552$371$124
32 years$1,580$1,104$755$507$335$107
33 years$1,515$1,046$705$466$304$93
34 years$1,454$991$659$429$275$80
35 years$1,397$940$616$395$249$70
36 years$1,344$892$576$364$226$60
37 years$1,293$847$539$335$204$52
38 years$1,245$805$505$309$185$45
39 years$1,200$766$473$285$168$39
40 years$1,157$729$443$263$152$34
41 years$1,116$694$416$242$138$30
42 years$1,077$661$390$224$125$26
43 years$1,040$629$366$206$114$22
44 years$1,005$600$344$191$103$19
45 years$972$572$323$176$94$17
46 years$940$546$303$163$85$14
47 years$909$521$285$150$77$13
48 years$880$497$268$139$70$11
49 years$853$475$251$128$64$9
50 years$826$454$236$119$58$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $846,000, adding $3,867 every year, while hoping to spend $47,677 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: 53/41/6 Blend
49$846,000$846,000$846,000$846,000
50$936,281$891,443$878,330$984,406
51$981,053$884,396$857,026$1,010,371
52$1,028,795$875,405$833,410$1,033,046
53$1,079,758$864,326$807,355$1,056,556
54$1,134,219$851,003$778,728$1,080,989
55$1,192,481$835,274$747,387$1,106,443
56$1,254,877$816,966$713,187$1,133,029
57$1,321,772$795,894$675,976$1,160,871
58$1,393,565$771,865$635,593$1,190,110
59$1,470,695$744,673$591,873$1,220,904
60$1,553,645$714,101$544,639$1,253,430
61$1,642,943$679,919$493,711$1,287,887
62$1,739,171$641,882$438,898$1,324,498
63$1,842,966$599,735$380,001$1,363,512
64$1,955,030$553,203$316,813$1,405,210
65$2,076,134$502,000$249,116$1,449,904
66$2,207,123$445,821$176,685$1,497,944
67$2,348,928$384,346$99,283$1,549,720
68$2,502,573$317,233$16,663$1,605,670
69$2,669,182$244,124$0$1,666,280
70$2,849,993$164,641$0$1,736,671
71$3,046,366$78,382$0$1,814,307
72$3,259,798$0$0$1,898,811
73$3,491,936$0$0$1,997,755
74$3,744,589$0$0$2,144,005
75$4,019,753$0$0$2,303,361
76$4,319,619$0$0$2,477,102
77$4,646,602$0$0$2,666,636
78$5,003,359$0$0$2,873,515
79$5,392,812$0$0$3,099,444
80$5,818,183$0$0$3,346,301
81$6,283,013$0$0$3,616,156
82$6,791,203$0$0$3,911,285
83$7,347,050$0$0$4,234,195
84$7,955,283$0$0$4,587,646
85$8,621,108$0$0$4,974,678
86$9,350,261$0$0$5,398,639
87$10,149,056$0$0$5,863,216
88$11,024,448$0$0$6,372,467
89$11,984,096$0$0$6,930,865
90$13,036,435$0$0$7,543,335
91$14,190,757$0$0$8,215,300
92$15,457,295$0$0$8,952,736
93$16,847,320$0$0$9,762,224
94$18,373,249$0$0$10,651,013
95$20,048,760$0$0$11,627,089
96$21,888,918$0$0$12,699,250
97$23,910,320$0$0$13,877,187
98$26,131,251$0$0$15,171,576
99$28,571,852$0$0$16,594,178
100$31,254,313$0$0$18,157,951