Can I retire at age 50 with 851,000?

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 $851,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$70,275$69,649$69,038$68,442$67,860$66,085
2 years$34,789$34,142$33,514$32,905$32,314$30,539
3 years$22,963$22,312$21,686$21,082$20,501$18,780
4 years$17,050$16,402$15,782$15,189$14,622$12,968
5 years$13,504$12,859$12,247$11,666$11,115$9,534
6 years$11,140$10,500$9,897$9,330$8,795$7,287
7 years$9,453$8,818$8,225$7,670$7,153$5,719
8 years$8,188$7,559$6,975$6,435$5,934$4,573
9 years$7,204$6,581$6,008$5,481$4,997$3,708
10 years$6,418$5,801$5,238$4,725$4,258$3,039
11 years$5,775$5,164$4,611$4,112$3,662$2,512
12 years$5,240$4,635$4,092$3,607$3,173$2,090
13 years$4,787$4,189$3,656$3,184$2,767$1,748
14 years$4,399$3,808$3,285$2,826$2,426$1,468
15 years$4,064$3,478$2,966$2,521$2,136$1,238
16 years$3,770$3,191$2,689$2,257$1,888$1,046
17 years$3,512$2,939$2,447$2,028$1,674$887
18 years$3,282$2,716$2,234$1,828$1,488$753
19 years$3,077$2,517$2,045$1,651$1,326$641
20 years$2,892$2,339$1,877$1,496$1,185$546
21 years$2,726$2,179$1,726$1,357$1,060$466
22 years$2,574$2,034$1,591$1,234$950$398
23 years$2,436$1,902$1,469$1,124$853$340
24 years$2,310$1,782$1,359$1,025$767$291
25 years$2,194$1,672$1,258$936$690$249
26 years$2,087$1,572$1,167$856$622$213
27 years$1,988$1,479$1,084$784$560$183
28 years$1,897$1,394$1,007$718$506$156
29 years$1,812$1,315$938$658$457$134
30 years$1,732$1,242$873$604$413$115
31 years$1,658$1,174$814$555$373$99
32 years$1,589$1,111$760$510$337$85
33 years$1,524$1,052$709$469$305$73
34 years$1,463$997$663$431$276$62
35 years$1,406$946$620$397$250$54
36 years$1,352$898$580$366$227$46
37 years$1,301$852$542$337$206$39
38 years$1,252$810$508$311$186$34
39 years$1,207$770$476$286$169$29
40 years$1,163$733$446$264$153$25
41 years$1,122$698$418$244$139$21
42 years$1,083$664$392$225$126$18
43 years$1,046$633$368$208$115$16
44 years$1,011$603$346$192$104$14
45 years$977$575$325$177$94$12
46 years$945$549$305$164$86$10
47 years$915$524$286$151$78$9
48 years$886$500$269$140$71$7
49 years$858$478$253$129$64$6
50 years$831$456$238$119$58$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $851,000, adding $2,705 every year, while hoping to spend $54,765 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: 61/12/27 Blend
49$851,000$851,000$851,000$851,000
50$940,592$895,489$882,299$990,995
51$978,263$881,099$853,586$1,011,205
52$1,017,941$864,167$822,076$1,027,095
53$1,059,773$844,513$787,618$1,043,271
54$1,103,918$821,943$750,051$1,059,774
55$1,150,552$796,253$709,212$1,076,647
56$1,199,865$767,225$664,927$1,093,945
57$1,252,064$734,632$617,015$1,111,727
58$1,307,376$698,231$565,287$1,130,064
59$1,366,050$657,766$509,546$1,149,033
60$1,428,356$612,966$449,585$1,168,727
61$1,494,591$563,544$385,189$1,189,248
62$1,565,080$509,197$316,132$1,210,714
63$1,640,176$449,606$242,181$1,233,257
64$1,720,269$384,432$163,089$1,257,028
65$1,805,784$313,317$78,600$1,282,197
66$1,897,189$235,884$0$1,308,956
67$1,994,994$151,734$0$1,340,851
68$2,099,760$60,446$0$1,399,177
69$2,212,103$0$0$1,461,623
70$2,332,696$0$0$1,533,655
71$2,462,282$0$0$1,619,681
72$2,601,673$0$0$1,712,263
73$2,751,760$0$0$1,812,001
74$2,913,526$0$0$1,919,553
75$3,088,045$0$0$2,035,640
76$3,276,502$0$0$2,161,058
77$3,480,196$0$0$2,296,679
78$3,700,555$0$0$2,443,462
79$3,939,151$0$0$2,602,460
80$4,197,710$0$0$2,774,835
81$4,478,129$0$0$2,961,859
82$4,782,497$0$0$3,164,936
83$5,113,110$0$0$3,385,607
84$5,472,494$0$0$3,625,569
85$5,863,427$0$0$3,886,688
86$6,288,967$0$0$4,171,017
87$6,752,477$0$0$4,480,817
88$7,257,659$0$0$4,818,573
89$7,808,587$0$0$5,187,022
90$8,409,745$0$0$5,589,177
91$9,066,069$0$0$6,028,355
92$9,782,991$0$0$6,508,204
93$10,566,493$0$0$7,032,744
94$11,423,161$0$0$7,606,400
95$12,360,243$0$0$8,234,042
96$13,385,723$0$0$8,921,035
97$14,508,391$0$0$9,673,286
98$15,737,927$0$0$10,497,299
99$17,084,990$0$0$11,400,238
100$18,561,321$0$0$12,389,990