Can I retire at age 50 with 854,000?

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 $854,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$70,523$69,894$69,281$68,683$68,099$67,388
2 years$34,912$34,262$33,632$33,021$32,428$31,712
3 years$23,044$22,391$21,762$21,157$20,574$19,875
4 years$17,110$16,459$15,837$15,242$14,673$13,997
5 years$13,551$12,904$12,290$11,708$11,154$10,503
6 years$11,180$10,537$9,932$9,363$8,826$8,200
7 years$9,486$8,849$8,254$7,697$7,178$6,577
8 years$8,217$7,585$7,000$6,457$5,955$5,380
9 years$7,230$6,605$6,029$5,500$5,015$4,465
10 years$6,441$5,822$5,256$4,741$4,273$3,748
11 years$5,795$5,183$4,628$4,126$3,675$3,175
12 years$5,258$4,652$4,107$3,619$3,185$2,709
13 years$4,804$4,204$3,669$3,195$2,777$2,325
14 years$4,415$3,821$3,297$2,836$2,434$2,005
15 years$4,078$3,491$2,977$2,530$2,143$1,736
16 years$3,784$3,203$2,699$2,265$1,894$1,509
17 years$3,524$2,949$2,456$2,035$1,680$1,315
18 years$3,294$2,725$2,242$1,834$1,493$1,149
19 years$3,088$2,526$2,052$1,657$1,331$1,006
20 years$2,902$2,347$1,883$1,501$1,189$882
21 years$2,735$2,186$1,732$1,362$1,064$775
22 years$2,583$2,041$1,597$1,239$954$682
23 years$2,445$1,909$1,474$1,128$856$601
24 years$2,318$1,788$1,363$1,029$770$530
25 years$2,202$1,678$1,263$940$692$468
26 years$2,094$1,577$1,171$859$624$413
27 years$1,995$1,484$1,088$786$562$365
28 years$1,903$1,399$1,011$720$507$323
29 years$1,818$1,320$941$661$458$286
30 years$1,738$1,246$876$606$414$253
31 years$1,664$1,178$817$557$374$224
32 years$1,595$1,115$762$512$339$199
33 years$1,529$1,056$712$471$306$176
34 years$1,468$1,001$665$433$277$156
35 years$1,411$949$622$399$251$139
36 years$1,356$901$582$367$228$123
37 years$1,305$855$544$338$206$109
38 years$1,257$813$510$312$187$97
39 years$1,211$773$478$287$170$86
40 years$1,168$736$448$265$154$76
41 years$1,126$700$420$245$140$68
42 years$1,087$667$394$226$127$60
43 years$1,050$635$369$208$115$54
44 years$1,015$606$347$192$104$48
45 years$981$577$326$178$95$42
46 years$949$551$306$164$86$38
47 years$918$526$287$152$78$33
48 years$889$502$270$140$71$30
49 years$861$479$254$130$64$26
50 years$834$458$239$120$59$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $854,000, adding $2,136 every year, while hoping to spend $43,657 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: 39/37/24 Blend
49$854,000$854,000$854,000$854,000
50$943,311$898,049$884,812$973,300
51$993,078$895,603$868,003$992,778
52$1,046,458$891,574$849,167$1,009,581
53$1,103,774$885,838$828,191$1,026,884
54$1,165,379$878,264$804,955$1,044,760
55$1,231,662$868,713$779,335$1,063,291
56$1,303,049$857,037$751,201$1,082,571
57$1,380,009$843,081$720,415$1,102,707
58$1,463,056$826,678$686,835$1,123,820
59$1,552,757$807,654$650,313$1,146,048
60$1,649,731$785,823$610,692$1,169,549
61$1,754,663$760,987$567,809$1,194,498
62$1,868,302$732,939$521,494$1,221,095
63$1,991,475$701,459$471,570$1,249,566
64$2,125,088$666,313$417,851$1,280,165
65$2,270,140$627,256$360,142$1,313,176
66$2,427,728$584,025$298,241$1,348,920
67$2,599,061$536,347$231,936$1,387,758
68$2,785,466$483,929$161,007$1,430,091
69$2,988,405$426,463$85,222$1,476,372
70$3,209,488$363,625$4,342$1,527,107
71$3,450,482$295,070$0$1,582,859
72$3,713,338$220,435$0$1,665,253
73$4,000,199$139,336$0$1,756,552
74$4,313,424$51,368$0$1,856,500
75$4,655,612$0$0$1,966,047
76$5,029,624$0$0$2,104,119
77$5,438,608$0$0$2,278,080
78$5,886,030$0$0$2,468,505
79$6,375,710$0$0$2,677,032
80$6,911,849$0$0$2,905,465
81$7,499,079$0$0$3,155,794
82$8,142,495$0$0$3,430,206
83$8,847,713$0$0$3,731,112
84$9,620,916$0$0$4,061,169
85$10,468,914$0$0$4,423,299
86$11,399,207$0$0$4,820,726
87$12,420,058$0$0$5,256,997
88$13,540,568$0$0$5,736,021
89$14,770,759$0$0$6,262,104
90$16,121,675$0$0$6,839,989
91$17,605,480$0$0$7,474,902
92$19,235,574$0$0$8,172,599
93$21,026,719$0$0$8,939,422
94$22,995,178$0$0$9,782,357
95$25,158,867$0$0$10,709,101
96$27,537,526$0$0$11,728,135
97$30,152,899$0$0$12,848,802
98$33,028,948$0$0$14,081,395
99$36,192,067$0$0$15,437,256
100$39,671,341$0$0$16,928,882