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%14.6%
1 years$70,110$69,485$68,876$68,281$67,700$66,415
2 years$34,708$34,061$33,435$32,827$32,238$30,948
3 years$22,909$22,259$21,635$21,033$20,453$19,199
4 years$17,010$16,363$15,744$15,153$14,587$13,378
5 years$13,472$12,829$12,218$11,639$11,089$9,929
6 years$11,114$10,476$9,874$9,308$8,774$7,664
7 years$9,431$8,797$8,206$7,652$7,136$6,076
8 years$8,168$7,541$6,959$6,419$5,920$4,910
9 years$7,187$6,566$5,994$5,468$4,985$4,025
10 years$6,403$5,787$5,225$4,713$4,248$3,336
11 years$5,761$5,152$4,600$4,102$3,653$2,788
12 years$5,227$4,624$4,083$3,598$3,166$2,347
13 years$4,776$4,179$3,648$3,177$2,761$1,987
14 years$4,389$3,799$3,277$2,820$2,420$1,690
15 years$4,054$3,470$2,959$2,515$2,131$1,442
16 years$3,761$3,184$2,683$2,252$1,883$1,235
17 years$3,503$2,932$2,441$2,023$1,670$1,061
18 years$3,274$2,709$2,229$1,823$1,485$913
19 years$3,070$2,511$2,040$1,647$1,323$787
20 years$2,885$2,333$1,872$1,492$1,182$680
21 years$2,719$2,174$1,722$1,354$1,058$588
22 years$2,568$2,029$1,587$1,231$948$509
23 years$2,431$1,898$1,466$1,121$851$441
24 years$2,305$1,778$1,355$1,023$765$383
25 years$2,189$1,668$1,255$934$688$332
26 years$2,082$1,568$1,164$854$620$289
27 years$1,984$1,476$1,081$782$559$251
28 years$1,892$1,391$1,005$716$504$218
29 years$1,807$1,312$935$657$455$190
30 years$1,728$1,239$871$603$412$165
31 years$1,654$1,171$812$554$372$144
32 years$1,585$1,108$758$509$337$125
33 years$1,520$1,049$708$468$305$109
34 years$1,460$995$661$430$276$95
35 years$1,402$943$618$396$250$83
36 years$1,348$895$578$365$226$72
37 years$1,298$850$541$336$205$63
38 years$1,249$808$507$310$186$55
39 years$1,204$769$475$286$169$48
40 years$1,161$731$445$264$153$42
41 years$1,120$696$417$243$139$36
42 years$1,081$663$391$224$126$32
43 years$1,044$632$367$207$114$28
44 years$1,009$602$345$191$104$24
45 years$975$574$324$177$94$21
46 years$943$548$304$163$86$18
47 years$913$523$286$151$78$16
48 years$884$499$268$139$71$14
49 years$856$476$252$129$64$12
50 years$829$455$237$119$58$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $849,000, adding $5,553 every year, while hoping to spend $41,097 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: 49/23/28 Blend
49$849,000$849,000$849,000$849,000
50$941,326$896,329$883,169$979,721
51$993,614$896,522$869,029$1,007,404
52$1,049,859$895,347$853,037$1,032,961
53$1,110,419$892,694$835,089$1,059,929
54$1,175,691$888,446$815,073$1,088,461
55$1,246,109$882,477$792,876$1,118,728
56$1,322,151$874,657$768,376$1,150,923
57$1,404,340$864,845$741,446$1,185,257
58$1,493,254$852,893$711,956$1,221,968
59$1,589,525$838,645$679,765$1,261,320
60$1,693,851$821,932$644,732$1,303,609
61$1,806,997$802,580$606,704$1,349,160
62$1,929,806$780,402$565,523$1,398,339
63$2,063,204$755,199$521,026$1,451,551
64$2,208,210$726,763$473,039$1,509,245
65$2,365,945$694,872$421,384$1,571,922
66$2,537,643$659,293$365,872$1,640,138
67$2,724,660$619,776$306,307$1,714,507
68$2,928,492$576,061$242,484$1,795,716
69$3,150,780$527,870$174,189$1,884,522
70$3,393,334$474,911$101,200$1,981,767
71$3,658,146$416,873$23,282$2,088,385
72$3,947,408$353,431$0$2,205,410
73$4,263,533$284,238$0$2,351,876
74$4,609,177$208,930$0$2,519,751
75$4,987,266$127,120$0$2,703,559
76$5,401,020$38,402$0$2,904,939
77$5,853,987$0$0$3,125,702
78$6,350,071$0$0$3,382,439
79$6,893,574$0$0$3,674,456
80$7,489,231$0$0$3,994,589
81$8,142,260$0$0$4,345,654
82$8,858,405$0$0$4,730,751
83$9,643,994$0$0$5,153,297
84$10,505,998$0$0$5,617,052
85$11,452,093$0$0$6,126,161
86$12,490,735$0$0$6,685,188
87$13,631,241$0$0$7,299,162
88$14,883,872$0$0$7,973,623
89$16,259,932$0$0$8,714,671
90$17,771,874$0$0$9,529,031
91$19,433,417$0$0$10,424,107
92$21,259,675$0$0$11,408,059
93$23,267,298$0$0$12,489,875
94$25,474,632$0$0$13,679,461
95$27,901,888$0$0$14,987,726
96$30,571,332$0$0$16,426,692
97$33,507,498$0$0$18,009,605
98$36,737,417$0$0$19,751,057
99$40,290,870$0$0$21,667,129
100$44,200,671$0$0$23,775,536