Can I retire at age 50 with 849,000?

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 $849,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$70,110$69,485$68,876$68,281$67,700$66,524
2 years$34,708$34,061$33,435$32,827$32,238$31,057
3 years$22,909$22,259$21,635$21,033$20,453$19,304
4 years$17,010$16,363$15,744$15,153$14,587$13,479
5 years$13,472$12,829$12,218$11,639$11,089$10,024
6 years$11,114$10,476$9,874$9,308$8,774$7,755
7 years$9,431$8,797$8,206$7,652$7,136$6,161
8 years$8,168$7,541$6,959$6,419$5,920$4,991
9 years$7,187$6,566$5,994$5,468$4,985$4,101
10 years$6,403$5,787$5,225$4,713$4,248$3,407
11 years$5,761$5,152$4,600$4,102$3,653$2,855
12 years$5,227$4,624$4,083$3,598$3,166$2,410
13 years$4,776$4,179$3,648$3,177$2,761$2,045
14 years$4,389$3,799$3,277$2,820$2,420$1,744
15 years$4,054$3,470$2,959$2,515$2,131$1,493
16 years$3,761$3,184$2,683$2,252$1,883$1,282
17 years$3,503$2,932$2,441$2,023$1,670$1,104
18 years$3,274$2,709$2,229$1,823$1,485$953
19 years$3,070$2,511$2,040$1,647$1,323$824
20 years$2,885$2,333$1,872$1,492$1,182$714
21 years$2,719$2,174$1,722$1,354$1,058$619
22 years$2,568$2,029$1,587$1,231$948$538
23 years$2,431$1,898$1,466$1,121$851$468
24 years$2,305$1,778$1,355$1,023$765$407
25 years$2,189$1,668$1,255$934$688$354
26 years$2,082$1,568$1,164$854$620$309
27 years$1,984$1,476$1,081$782$559$269
28 years$1,892$1,391$1,005$716$504$235
29 years$1,807$1,312$935$657$455$205
30 years$1,728$1,239$871$603$412$179
31 years$1,654$1,171$812$554$372$157
32 years$1,585$1,108$758$509$337$137
33 years$1,520$1,049$708$468$305$120
34 years$1,460$995$661$430$276$105
35 years$1,402$943$618$396$250$91
36 years$1,348$895$578$365$226$80
37 years$1,298$850$541$336$205$70
38 years$1,249$808$507$310$186$61
39 years$1,204$769$475$286$169$54
40 years$1,161$731$445$264$153$47
41 years$1,120$696$417$243$139$41
42 years$1,081$663$391$224$126$36
43 years$1,044$632$367$207$114$31
44 years$1,009$602$345$191$104$27
45 years$975$574$324$177$94$24
46 years$943$548$304$163$86$21
47 years$913$523$286$151$78$18
48 years$884$499$268$139$71$16
49 years$856$476$252$129$64$14
50 years$829$455$237$119$58$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $849,000, adding $4,102 every year, while hoping to spend $33,523 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: 47/38/15 Blend
49$849,000$849,000$849,000$849,000
50$939,829$894,832$881,673$979,852
51$1,000,024$903,011$875,541$1,016,194
52$1,065,234$910,467$868,079$1,051,865
53$1,135,937$917,129$859,209$1,089,849
54$1,212,657$922,922$848,847$1,130,373
55$1,295,969$927,766$836,904$1,173,692
56$1,386,506$931,575$823,289$1,220,083
57$1,484,967$934,259$807,906$1,269,859
58$1,592,117$935,721$790,654$1,323,362
59$1,708,800$935,859$771,429$1,380,971
60$1,835,945$934,564$750,119$1,443,108
61$1,974,574$931,720$726,610$1,510,237
62$2,125,811$927,204$700,782$1,582,874
63$2,290,893$920,887$672,508$1,661,589
64$2,471,184$912,630$641,656$1,747,011
65$2,668,183$902,287$608,090$1,839,839
66$2,883,541$889,703$571,665$1,940,843
67$3,119,077$874,713$532,230$2,050,875
68$3,376,792$857,143$489,629$2,170,881
69$3,658,890$836,808$443,697$2,301,901
70$3,967,799$813,514$394,263$2,445,088
71$4,306,191$787,053$341,148$2,601,718
72$4,677,011$757,206$284,164$2,773,198
73$5,083,498$723,742$223,116$2,961,085
74$5,529,225$686,415$157,800$3,167,099
75$6,018,122$644,966$88,003$3,393,140
76$6,554,522$599,121$13,503$3,641,308
77$7,143,196$548,590$0$3,913,923
78$7,789,397$493,066$0$4,224,111
79$8,498,916$432,226$0$4,567,130
80$9,278,127$365,728$0$4,943,984
81$10,134,057$293,209$0$5,358,166
82$11,074,442$214,288$0$5,813,532
83$12,107,808$128,561$0$6,314,336
84$13,243,547$35,602$0$6,865,272
85$14,492,004$0$0$7,471,520
86$15,864,578$0$0$8,165,989
87$17,373,829$0$0$8,946,087
88$19,033,591$0$0$9,804,090
89$20,859,110$0$0$10,747,893
90$22,867,180$0$0$11,786,193
91$25,076,308$0$0$12,928,573
92$27,506,882$0$0$14,185,592
93$30,181,367$0$0$15,568,883
94$33,124,516$0$0$17,091,265
95$36,363,603$0$0$18,766,863
96$39,928,679$0$0$20,611,238
97$43,852,857$0$0$22,641,540
98$48,172,621$0$0$24,876,663
99$52,928,175$0$0$27,337,428
100$58,163,817$0$0$30,046,776