Can I retire at age 50 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$70,605$69,976$69,363$68,764$68,179$65,865
2 years$34,953$34,302$33,671$33,059$32,466$30,158
3 years$23,071$22,417$21,787$21,182$20,598$18,368
4 years$17,130$16,479$15,856$15,260$14,691$12,556
5 years$13,567$12,920$12,305$11,721$11,168$9,134
6 years$11,193$10,550$9,944$9,374$8,836$6,906
7 years$9,497$8,860$8,264$7,707$7,186$5,358
8 years$8,226$7,594$7,008$6,465$5,962$4,234
9 years$7,238$6,612$6,036$5,507$5,021$3,392
10 years$6,448$5,828$5,262$4,747$4,278$2,746
11 years$5,802$5,189$4,633$4,131$3,679$2,240
12 years$5,264$4,657$4,112$3,624$3,188$1,839
13 years$4,810$4,209$3,673$3,199$2,780$1,518
14 years$4,420$3,826$3,301$2,840$2,437$1,257
15 years$4,083$3,495$2,980$2,533$2,146$1,045
16 years$3,788$3,206$2,702$2,268$1,897$871
17 years$3,528$2,953$2,459$2,037$1,682$727
18 years$3,297$2,729$2,244$1,836$1,495$609
19 years$3,091$2,529$2,055$1,659$1,333$510
20 years$2,906$2,350$1,886$1,503$1,190$428
21 years$2,738$2,189$1,734$1,364$1,065$360
22 years$2,586$2,043$1,599$1,240$955$302
23 years$2,448$1,911$1,476$1,129$857$254
24 years$2,321$1,790$1,365$1,030$770$214
25 years$2,204$1,680$1,264$941$693$180
26 years$2,097$1,579$1,173$860$624$152
27 years$1,998$1,486$1,089$787$563$128
28 years$1,906$1,400$1,012$721$508$108
29 years$1,820$1,321$942$661$459$91
30 years$1,740$1,248$877$607$414$77
31 years$1,666$1,179$818$557$375$65
32 years$1,596$1,116$763$512$339$55
33 years$1,531$1,057$713$471$307$46
34 years$1,470$1,002$666$433$278$39
35 years$1,412$950$622$399$252$33
36 years$1,358$902$582$368$228$28
37 years$1,307$856$545$339$207$23
38 years$1,258$814$510$312$187$20
39 years$1,212$774$478$288$170$17
40 years$1,169$736$448$265$154$14
41 years$1,128$701$420$245$140$12
42 years$1,089$668$394$226$127$10
43 years$1,051$636$370$209$115$9
44 years$1,016$606$347$193$104$7
45 years$982$578$326$178$95$6
46 years$950$552$306$164$86$5
47 years$919$526$288$152$78$4
48 years$890$502$270$140$71$4
49 years$862$480$254$130$64$3
50 years$835$458$239$120$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $855,000, adding $6,097 every year, while hoping to spend $54,288 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: 53/29/18 Blend
49$855,000$855,000$855,000$855,000
50$948,499$903,184$889,932$993,825
51$987,484$889,678$861,982$1,012,045
52$1,028,626$873,691$831,277$1,025,634
53$1,072,087$855,043$797,667$1,039,232
54$1,118,046$833,546$760,994$1,052,857
55$1,166,695$808,999$721,096$1,066,530
56$1,218,247$781,189$677,802$1,080,278
57$1,272,933$749,891$630,933$1,094,135
58$1,331,005$714,868$580,302$1,108,143
59$1,392,739$675,869$525,714$1,122,348
60$1,458,439$632,627$466,965$1,136,810
61$1,528,434$584,860$403,843$1,151,597
62$1,603,088$532,272$336,126$1,166,788
63$1,682,797$474,548$263,580$1,182,477
64$1,767,997$411,355$185,965$1,198,773
65$1,859,164$342,343$103,026$1,215,799
66$1,956,822$267,140$14,500$1,233,699
67$2,061,543$185,356$0$1,252,639
68$2,173,957$96,575$0$1,288,166
69$2,294,755$361$0$1,329,106
70$2,424,694$0$0$1,372,972
71$2,564,608$0$0$1,453,210
72$2,715,409$0$0$1,539,880
73$2,878,102$0$0$1,633,451
74$3,053,790$0$0$1,734,566
75$3,243,684$0$0$1,843,931
76$3,449,118$0$0$1,962,324
77$3,671,556$0$0$2,090,598
78$3,912,607$0$0$2,229,691
79$4,174,041$0$0$2,380,636
80$4,457,806$0$0$2,544,568
81$4,766,042$0$0$2,722,736
82$5,101,105$0$0$2,916,514
83$5,465,585$0$0$3,127,413
84$5,862,334$0$0$3,357,096
85$6,294,487$0$0$3,607,393
86$6,765,498$0$0$3,880,319
87$7,279,164$0$0$4,178,090
88$7,839,667$0$0$4,503,146
89$8,451,609$0$0$4,858,173
90$9,120,056$0$0$5,246,127
91$9,850,587$0$0$5,670,264
92$10,649,340$0$0$6,134,167
93$11,523,077$0$0$6,641,783
94$12,479,242$0$0$7,197,456
95$13,526,031$0$0$7,805,972
96$14,672,470$0$0$8,472,599
97$15,928,500$0$0$9,203,140
98$17,305,067$0$0$10,003,986
99$18,814,228$0$0$10,882,176
100$20,469,261$0$0$11,845,460