Can I retire at age 50 with 853,000?

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 $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%11%
1 years$70,440$69,813$69,200$68,603$68,019$67,733
2 years$34,871$34,222$33,592$32,982$32,390$32,101
3 years$23,017$22,364$21,737$21,132$20,550$20,267
4 years$17,090$16,440$15,819$15,224$14,656$14,381
5 years$13,536$12,889$12,276$11,694$11,141$10,876
6 years$11,167$10,525$9,921$9,352$8,816$8,560
7 years$9,475$8,839$8,244$7,688$7,170$6,923
8 years$8,207$7,577$6,992$6,450$5,948$5,711
9 years$7,221$6,597$6,022$5,494$5,009$4,782
10 years$6,433$5,815$5,250$4,736$4,268$4,051
11 years$5,789$5,177$4,622$4,121$3,671$3,463
12 years$5,252$4,646$4,102$3,615$3,181$2,982
13 years$4,798$4,199$3,665$3,192$2,774$2,584
14 years$4,410$3,817$3,293$2,833$2,431$2,251
15 years$4,073$3,487$2,973$2,527$2,141$1,969
16 years$3,779$3,199$2,696$2,262$1,892$1,728
17 years$3,520$2,946$2,453$2,033$1,678$1,522
18 years$3,290$2,722$2,239$1,832$1,492$1,344
19 years$3,084$2,523$2,050$1,655$1,330$1,190
20 years$2,899$2,344$1,881$1,499$1,188$1,055
21 years$2,732$2,184$1,730$1,361$1,063$937
22 years$2,580$2,038$1,595$1,237$953$834
23 years$2,442$1,907$1,472$1,127$855$743
24 years$2,315$1,786$1,362$1,028$769$663
25 years$2,199$1,676$1,261$938$692$592
26 years$2,092$1,575$1,170$858$623$529
27 years$1,993$1,483$1,086$785$562$473
28 years$1,901$1,397$1,010$720$507$424
29 years$1,816$1,318$940$660$458$380
30 years$1,736$1,245$875$606$414$340
31 years$1,662$1,177$816$556$374$305
32 years$1,593$1,113$761$511$338$274
33 years$1,528$1,054$711$470$306$246
34 years$1,466$999$664$432$277$221
35 years$1,409$948$621$398$251$198
36 years$1,355$900$581$367$227$178
37 years$1,304$854$544$338$206$160
38 years$1,255$812$509$311$187$144
39 years$1,210$772$477$287$169$129
40 years$1,166$735$447$265$154$116
41 years$1,125$699$419$244$139$105
42 years$1,086$666$393$225$127$94
43 years$1,049$635$369$208$115$85
44 years$1,013$605$346$192$104$76
45 years$980$577$325$177$95$69
46 years$948$550$306$164$86$62
47 years$917$525$287$151$78$56
48 years$888$501$270$140$71$50
49 years$860$479$254$129$64$45
50 years$833$457$238$120$58$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $853,000, adding $2,436 every year, while hoping to spend $57,437 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: 79/12/9 Blend
49$853,000$853,000$853,000$853,000
50$942,519$897,310$884,088$1,015,500
51$977,543$880,165$852,593$1,046,597
52$1,014,215$860,256$818,117$1,072,982
53$1,052,642$837,385$780,501$1,100,235
54$1,092,940$811,346$739,576$1,128,416
55$1,135,235$781,917$695,167$1,157,592
56$1,179,666$748,868$647,092$1,187,835
57$1,226,380$711,951$595,158$1,219,227
58$1,275,541$670,906$539,166$1,251,858
59$1,327,324$625,458$478,906$1,285,827
60$1,381,921$575,317$414,160$1,321,246
61$1,439,543$520,173$344,700$1,358,236
62$1,500,418$459,703$270,288$1,396,933
63$1,564,794$393,561$190,676$1,437,489
64$1,632,943$321,386$105,604$1,480,069
65$1,705,162$242,793$14,801$1,524,861
66$1,781,776$157,377$0$1,572,068
67$1,863,139$64,711$0$1,629,802
68$1,949,640$0$0$1,692,462
69$2,041,702$0$0$1,763,643
70$2,139,790$0$0$1,848,601
71$2,244,413$0$0$1,939,234
72$2,356,128$0$0$2,036,028
73$2,475,545$0$0$2,139,512
74$2,603,335$0$0$2,250,270
75$2,740,230$0$0$2,368,940
76$2,887,037$0$0$2,496,223
77$3,044,637$0$0$2,632,886
78$3,214,002$0$0$2,779,773
79$3,396,194$0$0$2,937,810
80$3,592,382$0$0$3,108,014
81$3,803,850$0$0$3,291,501
82$4,032,006$0$0$3,489,498
83$4,278,399$0$0$3,703,351
84$4,544,731$0$0$3,934,542
85$4,832,871$0$0$4,184,698
86$5,144,876$0$0$4,455,608
87$5,483,006$0$0$4,749,239
88$5,849,745$0$0$5,067,754
89$6,247,828$0$0$5,413,532
90$6,680,259$0$0$5,789,188
91$7,150,345$0$0$6,197,601
92$7,661,724$0$0$6,641,936
93$8,218,399$0$0$7,125,677
94$8,824,772$0$0$7,652,657
95$9,485,690$0$0$8,227,094
96$10,206,487$0$0$8,853,630
97$10,993,033$0$0$9,537,375
98$11,851,789$0$0$10,283,954
99$12,789,869$0$0$11,099,557
100$13,815,102$0$0$11,991,000