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%12.4%
1 years$70,605$69,976$69,363$68,764$68,179$67,495
2 years$34,953$34,302$33,671$33,059$32,466$31,777
3 years$23,071$22,417$21,787$21,182$20,598$19,925
4 years$17,130$16,479$15,856$15,260$14,691$14,040
5 years$13,567$12,920$12,305$11,721$11,168$10,540
6 years$11,193$10,550$9,944$9,374$8,836$8,234
7 years$9,497$8,860$8,264$7,707$7,186$6,608
8 years$8,226$7,594$7,008$6,465$5,962$5,408
9 years$7,238$6,612$6,036$5,507$5,021$4,491
10 years$6,448$5,828$5,262$4,747$4,278$3,772
11 years$5,802$5,189$4,633$4,131$3,679$3,197
12 years$5,264$4,657$4,112$3,624$3,188$2,730
13 years$4,810$4,209$3,673$3,199$2,780$2,344
14 years$4,420$3,826$3,301$2,840$2,437$2,023
15 years$4,083$3,495$2,980$2,533$2,146$1,753
16 years$3,788$3,206$2,702$2,268$1,897$1,524
17 years$3,528$2,953$2,459$2,037$1,682$1,330
18 years$3,297$2,729$2,244$1,836$1,495$1,162
19 years$3,091$2,529$2,055$1,659$1,333$1,019
20 years$2,906$2,350$1,886$1,503$1,190$894
21 years$2,738$2,189$1,734$1,364$1,065$786
22 years$2,586$2,043$1,599$1,240$955$692
23 years$2,448$1,911$1,476$1,129$857$610
24 years$2,321$1,790$1,365$1,030$770$539
25 years$2,204$1,680$1,264$941$693$476
26 years$2,097$1,579$1,173$860$624$421
27 years$1,998$1,486$1,089$787$563$372
28 years$1,906$1,400$1,012$721$508$330
29 years$1,820$1,321$942$661$459$292
30 years$1,740$1,248$877$607$414$259
31 years$1,666$1,179$818$557$375$229
32 years$1,596$1,116$763$512$339$204
33 years$1,531$1,057$713$471$307$181
34 years$1,470$1,002$666$433$278$160
35 years$1,412$950$622$399$252$142
36 years$1,358$902$582$368$228$126
37 years$1,307$856$545$339$207$112
38 years$1,258$814$510$312$187$100
39 years$1,212$774$478$288$170$89
40 years$1,169$736$448$265$154$79
41 years$1,128$701$420$245$140$70
42 years$1,089$668$394$226$127$62
43 years$1,051$636$370$209$115$55
44 years$1,016$606$347$193$104$49
45 years$982$578$326$178$95$44
46 years$950$552$306$164$86$39
47 years$919$526$288$152$78$35
48 years$890$502$270$140$71$31
49 years$862$480$254$130$64$27
50 years$835$458$239$120$59$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $855,000, adding $4,575 every year, while hoping to spend $44,420 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: 49/46/5 Blend
49$855,000$855,000$855,000$855,000
50$946,929$901,614$888,362$991,944
51$996,253$898,531$870,859$1,020,042
52$1,049,120$893,807$851,282$1,045,409
53$1,105,843$887,317$829,513$1,071,895
54$1,166,768$878,924$805,430$1,099,617
55$1,232,274$868,487$778,907$1,128,703
56$1,302,775$855,852$749,810$1,159,297
57$1,378,729$840,860$718,000$1,191,561
58$1,460,638$823,340$683,331$1,225,678
59$1,549,051$803,112$645,651$1,261,848
60$1,644,574$779,985$604,800$1,300,300
61$1,747,873$753,756$560,613$1,341,285
62$1,859,678$724,212$512,915$1,385,087
63$1,980,792$691,126$461,526$1,432,021
64$2,112,101$654,259$406,255$1,482,440
65$2,254,575$613,358$346,904$1,536,735
66$2,409,283$568,154$283,267$1,595,343
67$2,577,401$518,364$215,127$1,658,753
68$2,760,222$463,689$142,260$1,727,506
69$2,959,167$403,813$64,428$1,802,205
70$3,175,804$338,402$0$1,883,522
71$3,411,854$267,101$0$1,973,199
72$3,669,212$189,538$0$2,074,802
73$3,949,965$105,320$0$2,185,829
74$4,256,410$14,029$0$2,307,318
75$4,591,074$0$0$2,440,422
76$4,956,740$0$0$2,629,332
77$5,356,471$0$0$2,843,691
78$5,793,641$0$0$3,078,220
79$6,271,962$0$0$3,334,922
80$6,795,523$0$0$3,616,002
81$7,368,829$0$0$3,923,892
82$7,996,837$0$0$4,261,268
83$8,685,008$0$0$4,631,075
84$9,439,355$0$0$5,036,560
85$10,266,504$0$0$5,481,298
86$11,173,747$0$0$5,969,225
87$12,169,122$0$0$6,504,680
88$13,261,478$0$0$7,092,439
89$14,460,564$0$0$7,737,763
90$15,777,119$0$0$8,446,451
91$17,222,973$0$0$9,224,888
92$18,811,155$0$0$10,080,107
93$20,556,023$0$0$11,019,858
94$22,473,391$0$0$12,052,678
95$24,580,680$0$0$13,187,974
96$26,897,086$0$0$14,436,106
97$29,443,754$0$0$15,808,490
98$32,243,981$0$0$17,317,705
99$35,323,437$0$0$18,977,607
100$38,710,400$0$0$20,803,465