Can I retire at age 50 with 853,000?

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 $853,000?

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$70,440$69,813$69,200$68,603$68,019$66,241
2 years$34,871$34,222$33,592$32,982$32,390$30,610
3 years$23,017$22,364$21,737$21,132$20,550$18,824
4 years$17,090$16,440$15,819$15,224$14,656$12,999
5 years$13,536$12,889$12,276$11,694$11,141$9,556
6 years$11,167$10,525$9,921$9,352$8,816$7,304
7 years$9,475$8,839$8,244$7,688$7,170$5,732
8 years$8,207$7,577$6,992$6,450$5,948$4,584
9 years$7,221$6,597$6,022$5,494$5,009$3,717
10 years$6,433$5,815$5,250$4,736$4,268$3,046
11 years$5,789$5,177$4,622$4,121$3,671$2,518
12 years$5,252$4,646$4,102$3,615$3,181$2,095
13 years$4,798$4,199$3,665$3,192$2,774$1,752
14 years$4,410$3,817$3,293$2,833$2,431$1,472
15 years$4,073$3,487$2,973$2,527$2,141$1,241
16 years$3,779$3,199$2,696$2,262$1,892$1,049
17 years$3,520$2,946$2,453$2,033$1,678$889
18 years$3,290$2,722$2,239$1,832$1,492$755
19 years$3,084$2,523$2,050$1,655$1,330$642
20 years$2,899$2,344$1,881$1,499$1,188$547
21 years$2,732$2,184$1,730$1,361$1,063$467
22 years$2,580$2,038$1,595$1,237$953$399
23 years$2,442$1,907$1,472$1,127$855$341
24 years$2,315$1,786$1,362$1,028$769$291
25 years$2,199$1,676$1,261$938$692$249
26 years$2,092$1,575$1,170$858$623$214
27 years$1,993$1,483$1,086$785$562$183
28 years$1,901$1,397$1,010$720$507$157
29 years$1,816$1,318$940$660$458$134
30 years$1,736$1,245$875$606$414$115
31 years$1,662$1,177$816$556$374$99
32 years$1,593$1,113$761$511$338$85
33 years$1,528$1,054$711$470$306$73
34 years$1,466$999$664$432$277$63
35 years$1,409$948$621$398$251$54
36 years$1,355$900$581$367$227$46
37 years$1,304$854$544$338$206$40
38 years$1,255$812$509$311$187$34
39 years$1,210$772$477$287$169$29
40 years$1,166$735$447$265$154$25
41 years$1,125$699$419$244$139$22
42 years$1,086$666$393$225$127$18
43 years$1,049$635$369$208$115$16
44 years$1,013$605$346$192$104$14
45 years$980$577$325$177$95$12
46 years$948$550$306$164$86$10
47 years$917$525$287$151$78$9
48 years$888$501$270$140$71$7
49 years$860$479$254$129$64$6
50 years$833$457$238$120$58$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $853,000, adding $3,815 every year, while hoping to spend $51,899 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: 59/36/5 Blend
49$853,000$853,000$853,000$853,000
50$943,941$898,732$885,511$998,575
51$985,003$887,550$859,955$1,024,432
52$1,028,514$874,080$831,804$1,046,318
53$1,074,668$858,156$800,916$1,068,860
54$1,123,680$839,602$767,142$1,092,121
55$1,175,782$818,228$730,328$1,116,175
56$1,231,229$793,839$690,311$1,141,104
57$1,290,300$766,223$646,922$1,167,001
58$1,353,302$735,159$599,985$1,193,973
59$1,420,568$700,411$549,314$1,222,140
60$1,492,466$661,732$494,716$1,251,636
61$1,569,399$618,858$435,990$1,282,613
62$1,651,807$571,511$372,925$1,315,242
63$1,740,173$519,397$305,300$1,349,716
64$1,835,029$462,206$232,887$1,386,251
65$1,936,958$399,610$155,444$1,425,089
66$2,046,598$331,261$72,721$1,466,502
67$2,164,651$256,793$0$1,510,795
68$2,291,889$175,819$0$1,559,139
69$2,429,158$87,931$0$1,615,281
70$2,577,389$0$0$1,675,777
71$2,737,603$0$0$1,744,016
72$2,910,925$0$0$1,855,575
73$3,098,590$0$0$1,976,423
74$3,301,955$0$0$2,107,443
75$3,522,513$0$0$2,249,604
76$3,761,907$0$0$2,403,973
77$4,021,942$0$0$2,571,721
78$4,304,605$0$0$2,754,140
79$4,612,081$0$0$2,952,649
80$4,946,774$0$0$3,168,809
81$5,311,330$0$0$3,404,340
82$5,708,660$0$0$3,661,134
83$6,141,969$0$0$3,941,271
84$6,614,782$0$0$4,247,043
85$7,130,982$0$0$4,580,972
86$7,694,841$0$0$4,945,836
87$8,311,063$0$0$5,344,689
88$8,984,828$0$0$5,780,899
89$9,721,836$0$0$6,258,171
90$10,528,367$0$0$6,780,584
91$11,411,334$0$0$7,352,631
92$12,378,349$0$0$7,979,261
93$13,437,796$0$0$8,665,922
94$14,598,908$0$0$9,418,615
95$15,871,852$0$0$10,243,949
96$17,267,829$0$0$11,149,203
97$18,799,171$0$0$12,142,395
98$20,479,467$0$0$13,232,355
99$22,323,680$0$0$14,428,812
100$24,348,295$0$0$15,742,480