Can I retire at age 50 with 851,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.1%
1 years$70,275$69,649$69,038$68,442$67,860$65,374
2 years$34,789$34,142$33,514$32,905$32,314$29,838
3 years$22,963$22,312$21,686$21,082$20,501$18,112
4 years$17,050$16,402$15,782$15,189$14,622$12,337
5 years$13,504$12,859$12,247$11,666$11,115$8,942
6 years$11,140$10,500$9,897$9,330$8,795$6,734
7 years$9,453$8,818$8,225$7,670$7,153$5,204
8 years$8,188$7,559$6,975$6,435$5,934$4,096
9 years$7,204$6,581$6,008$5,481$4,997$3,267
10 years$6,418$5,801$5,238$4,725$4,258$2,633
11 years$5,775$5,164$4,611$4,112$3,662$2,138
12 years$5,240$4,635$4,092$3,607$3,173$1,747
13 years$4,787$4,189$3,656$3,184$2,767$1,435
14 years$4,399$3,808$3,285$2,826$2,426$1,183
15 years$4,064$3,478$2,966$2,521$2,136$978
16 years$3,770$3,191$2,689$2,257$1,888$811
17 years$3,512$2,939$2,447$2,028$1,674$674
18 years$3,282$2,716$2,234$1,828$1,488$561
19 years$3,077$2,517$2,045$1,651$1,326$468
20 years$2,892$2,339$1,877$1,496$1,185$390
21 years$2,726$2,179$1,726$1,357$1,060$326
22 years$2,574$2,034$1,591$1,234$950$273
23 years$2,436$1,902$1,469$1,124$853$228
24 years$2,310$1,782$1,359$1,025$767$191
25 years$2,194$1,672$1,258$936$690$160
26 years$2,087$1,572$1,167$856$622$134
27 years$1,988$1,479$1,084$784$560$112
28 years$1,897$1,394$1,007$718$506$94
29 years$1,812$1,315$938$658$457$79
30 years$1,732$1,242$873$604$413$66
31 years$1,658$1,174$814$555$373$56
32 years$1,589$1,111$760$510$337$47
33 years$1,524$1,052$709$469$305$39
34 years$1,463$997$663$431$276$33
35 years$1,406$946$620$397$250$28
36 years$1,352$898$580$366$227$23
37 years$1,301$852$542$337$206$19
38 years$1,252$810$508$311$186$16
39 years$1,207$770$476$286$169$14
40 years$1,163$733$446$264$153$11
41 years$1,122$698$418$244$139$10
42 years$1,083$664$392$225$126$8
43 years$1,046$633$368$208$115$7
44 years$1,011$603$346$192$104$6
45 years$977$575$325$177$94$5
46 years$945$549$305$164$86$4
47 years$915$524$286$151$78$3
48 years$886$500$269$140$71$3
49 years$858$478$253$129$64$2
50 years$831$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $851,000, adding $4,363 every year, while hoping to spend $21,416 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: 34/38/28 Blend
49$851,000$851,000$851,000$851,000
50$942,302$897,199$884,009$966,236
51$1,015,631$918,376$890,837$1,005,838
52$1,095,721$939,872$897,176$1,046,294
53$1,183,240$961,681$902,986$1,089,507
54$1,278,922$983,795$908,228$1,135,737
55$1,383,576$1,006,205$912,858$1,185,271
56$1,498,092$1,028,900$916,830$1,238,425
57$1,623,451$1,051,870$920,097$1,295,549
58$1,760,731$1,075,100$922,608$1,357,026
59$1,911,123$1,098,577$924,313$1,423,282
60$2,075,934$1,122,284$925,154$1,494,785
61$2,256,607$1,146,204$925,075$1,572,051
62$2,454,730$1,170,317$924,014$1,655,650
63$2,672,052$1,194,602$921,908$1,746,211
64$2,910,500$1,219,036$918,690$1,844,426
65$3,172,195$1,243,592$914,290$1,951,061
66$3,459,475$1,268,244$908,635$2,066,959
67$3,774,914$1,292,961$901,647$2,193,050
68$4,121,350$1,317,711$893,247$2,330,361
69$4,501,906$1,342,457$883,348$2,480,023
70$4,920,024$1,367,160$871,864$2,643,287
71$5,379,496$1,391,781$858,701$2,821,528
72$5,884,499$1,416,273$843,763$3,016,267
73$6,439,636$1,440,589$826,947$3,229,178
74$7,049,978$1,464,676$808,148$3,462,112
75$7,721,109$1,488,479$787,255$3,717,105
76$8,459,184$1,511,937$764,150$3,996,407
77$9,270,985$1,534,986$738,713$4,302,497
78$10,163,982$1,557,556$710,816$4,638,110
79$11,146,406$1,579,575$680,327$5,006,262
80$12,227,327$1,600,961$647,105$5,410,280
81$13,416,738$1,621,632$611,007$5,853,833
82$14,725,648$1,641,495$571,878$6,340,964
83$16,166,190$1,660,454$529,562$6,876,136
84$17,751,731$1,678,406$483,892$7,464,268
85$19,497,000$1,695,239$434,695$8,110,784
86$21,418,225$1,710,838$381,788$8,821,666
87$23,533,291$1,725,075$324,985$9,603,509
88$25,861,901$1,737,818$264,086$10,463,587
89$28,425,768$1,748,924$198,886$11,409,918
90$31,248,816$1,758,242$129,169$12,451,343
91$34,357,410$1,765,610$54,711$13,597,613
92$37,780,599$1,770,858$0$14,859,474
93$41,550,393$1,773,803$0$16,256,171
94$45,702,065$1,774,252$0$17,811,300
95$50,274,484$1,771,999$0$19,522,978
96$55,310,481$1,766,826$0$21,407,166
97$60,857,251$1,758,501$0$23,481,455
98$66,966,802$1,746,779$0$25,765,231
99$73,696,444$1,731,400$0$28,279,864
100$81,109,329$1,712,086$0$31,048,904