Can I retire at age 50 with 855,000?

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 $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%12.8%
1 years$70,605$69,976$69,363$68,764$68,179$67,383
2 years$34,953$34,302$33,671$33,059$32,466$31,665
3 years$23,071$22,417$21,787$21,182$20,598$19,816
4 years$17,130$16,479$15,856$15,260$14,691$13,935
5 years$13,567$12,920$12,305$11,721$11,168$10,440
6 years$11,193$10,550$9,944$9,374$8,836$8,137
7 years$9,497$8,860$8,264$7,707$7,186$6,516
8 years$8,226$7,594$7,008$6,465$5,962$5,321
9 years$7,238$6,612$6,036$5,507$5,021$4,408
10 years$6,448$5,828$5,262$4,747$4,278$3,694
11 years$5,802$5,189$4,633$4,131$3,679$3,123
12 years$5,264$4,657$4,112$3,624$3,188$2,659
13 years$4,810$4,209$3,673$3,199$2,780$2,278
14 years$4,420$3,826$3,301$2,840$2,437$1,961
15 years$4,083$3,495$2,980$2,533$2,146$1,694
16 years$3,788$3,206$2,702$2,268$1,897$1,469
17 years$3,528$2,953$2,459$2,037$1,682$1,278
18 years$3,297$2,729$2,244$1,836$1,495$1,114
19 years$3,091$2,529$2,055$1,659$1,333$973
20 years$2,906$2,350$1,886$1,503$1,190$852
21 years$2,738$2,189$1,734$1,364$1,065$747
22 years$2,586$2,043$1,599$1,240$955$656
23 years$2,448$1,911$1,476$1,129$857$576
24 years$2,321$1,790$1,365$1,030$770$507
25 years$2,204$1,680$1,264$941$693$447
26 years$2,097$1,579$1,173$860$624$394
27 years$1,998$1,486$1,089$787$563$347
28 years$1,906$1,400$1,012$721$508$306
29 years$1,820$1,321$942$661$459$271
30 years$1,740$1,248$877$607$414$239
31 years$1,666$1,179$818$557$375$211
32 years$1,596$1,116$763$512$339$187
33 years$1,531$1,057$713$471$307$165
34 years$1,470$1,002$666$433$278$146
35 years$1,412$950$622$399$252$129
36 years$1,358$902$582$368$228$114
37 years$1,307$856$545$339$207$101
38 years$1,258$814$510$312$187$90
39 years$1,212$774$478$288$170$79
40 years$1,169$736$448$265$154$70
41 years$1,128$701$420$245$140$62
42 years$1,089$668$394$226$127$55
43 years$1,051$636$370$209$115$49
44 years$1,016$606$347$193$104$43
45 years$982$578$326$178$95$38
46 years$950$552$306$164$86$34
47 years$919$526$288$152$78$30
48 years$890$502$270$140$71$27
49 years$862$480$254$130$64$24
50 years$835$458$239$120$59$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $855,000, adding $6,619 every year, while hoping to spend $48,564 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: 53/42/5 Blend
49$855,000$855,000$855,000$855,000
50$949,037$903,722$890,470$997,951
51$994,168$896,333$868,629$1,024,390
52$1,042,273$886,954$844,429$1,047,228
53$1,093,607$875,437$817,739$1,070,884
54$1,148,445$861,623$788,423$1,095,444
55$1,207,090$845,346$756,339$1,121,003
56$1,269,874$826,429$721,337$1,147,670
57$1,337,161$804,684$683,262$1,175,567
58$1,409,351$779,913$641,951$1,204,832
59$1,486,882$751,906$597,233$1,235,619
60$1,570,235$720,441$548,932$1,268,102
61$1,659,939$685,282$496,861$1,302,478
62$1,756,573$646,181$440,826$1,338,964
63$1,860,774$602,874$380,624$1,377,808
64$1,973,242$555,084$316,044$1,419,284
65$2,094,746$502,517$246,865$1,463,700
66$2,226,130$444,860$172,855$1,511,402
67$2,368,324$381,787$93,775$1,562,774
68$2,522,349$312,950$9,371$1,618,248
69$2,689,326$237,982$0$1,678,303
70$2,870,490$156,497$0$1,747,783
71$3,067,199$68,084$0$1,823,792
72$3,280,946$0$0$1,906,513
73$3,513,373$0$0$2,009,499
74$3,766,287$0$0$2,155,877
75$4,041,677$0$0$2,315,340
76$4,341,731$0$0$2,489,164
77$4,668,855$0$0$2,678,754
78$5,025,701$0$0$2,885,657
79$5,415,185$0$0$3,111,575
80$5,840,517$0$0$3,358,381
81$6,305,232$0$0$3,628,138
82$6,813,221$0$0$3,923,118
83$7,368,768$0$0$4,245,820
84$7,976,589$0$0$4,598,997
85$8,641,878$0$0$4,985,682
86$9,370,356$0$0$5,409,213
87$10,168,318$0$0$5,873,267
88$11,042,701$0$0$6,381,891
89$12,001,144$0$0$6,939,547
90$13,052,059$0$0$7,551,144
91$14,204,711$0$0$8,222,092
92$15,469,306$0$0$8,958,351
93$16,857,084$0$0$9,766,482
94$18,380,428$0$0$10,653,716
95$20,052,977$0$0$11,628,016
96$21,889,755$0$0$12,698,154
97$23,907,312$0$0$13,873,795
98$26,123,881$0$0$15,165,585
99$28,559,549$0$0$16,585,253
100$31,236,441$0$0$18,145,719