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 $4,035 every year, while hoping to spend $28,799 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: 34/43/23 Blend
49$851,000$851,000$851,000$851,000
50$941,964$896,861$883,671$967,271
51$1,007,403$910,165$882,632$999,752
52$1,078,550$923,156$880,593$1,031,846
53$1,155,960$935,788$877,490$1,065,874
54$1,240,238$948,012$873,256$1,102,023
55$1,332,053$959,776$867,821$1,140,506
56$1,432,141$971,023$861,111$1,181,555
57$1,541,310$981,694$853,049$1,225,427
58$1,660,452$991,726$843,555$1,272,409
59$1,790,548$1,001,049$832,543$1,322,817
60$1,932,676$1,009,593$819,926$1,377,003
61$2,088,025$1,017,279$805,609$1,435,354
62$2,257,903$1,024,026$789,497$1,498,301
63$2,443,752$1,029,745$771,488$1,566,320
64$2,647,156$1,034,345$751,475$1,639,938
65$2,869,864$1,037,725$729,346$1,719,738
66$3,113,797$1,039,781$704,987$1,806,367
67$3,381,075$1,040,401$678,274$1,900,538
68$3,674,030$1,039,465$649,081$2,003,041
69$3,995,230$1,036,849$617,275$2,114,752
70$4,347,507$1,032,417$582,717$2,236,636
71$4,733,975$1,026,028$545,261$2,369,763
72$5,158,069$1,017,532$504,755$2,515,316
73$5,623,569$1,006,768$461,041$2,674,600
74$6,134,640$993,567$413,953$2,849,062
75$6,695,870$977,749$363,318$3,040,297
76$7,312,315$959,124$308,955$3,250,072
77$7,989,541$937,491$250,674$3,480,337
78$8,733,682$912,636$188,280$3,733,246
79$9,551,495$884,333$121,565$4,011,180
80$10,450,425$852,343$50,315$4,316,771
81$11,438,674$816,412$0$4,652,924
82$12,525,276$776,274$0$5,029,160
83$13,720,187$731,645$0$5,456,298
84$15,034,375$682,225$0$5,925,952
85$16,479,925$627,697$0$6,442,507
86$18,070,150$567,727$0$7,010,799
87$19,819,720$501,960$0$7,636,164
88$21,744,798$430,022$0$8,324,490
89$23,863,193$351,519$0$9,082,270
90$26,194,528$266,033$0$9,916,668
91$28,760,423$173,122$0$10,835,585
92$31,584,703$72,322$0$11,847,736
93$34,693,617$0$0$12,962,735
94$38,116,089$0$0$14,208,626
95$41,883,991$0$0$15,618,093
96$46,032,440$0$0$17,170,072
97$50,600,135$0$0$18,879,058
98$55,629,714$0$0$20,761,027
99$61,168,164$0$0$22,833,581
100$67,267,258$0$0$25,116,115