Can I retire at age 50 with 856,000?

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 $856,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$70,688$70,058$69,444$68,844$68,259$67,857
2 years$34,994$34,342$33,711$33,098$32,504$32,099
3 years$23,098$22,443$21,813$21,206$20,622$20,226
4 years$17,151$16,498$15,874$15,278$14,708$14,323
5 years$13,583$12,935$12,319$11,735$11,181$10,809
6 years$11,206$10,562$9,956$9,385$8,847$8,489
7 years$9,508$8,870$8,273$7,716$7,195$6,851
8 years$8,236$7,603$7,016$6,472$5,969$5,639
9 years$7,247$6,620$6,043$5,513$5,027$4,711
10 years$6,456$5,835$5,269$4,752$4,283$3,980
11 years$5,809$5,195$4,638$4,136$3,683$3,394
12 years$5,270$4,663$4,116$3,628$3,192$2,916
13 years$4,815$4,214$3,678$3,203$2,783$2,520
14 years$4,425$3,830$3,304$2,843$2,440$2,190
15 years$4,088$3,499$2,983$2,535$2,148$1,910
16 years$3,792$3,210$2,705$2,270$1,899$1,672
17 years$3,532$2,956$2,461$2,040$1,684$1,469
18 years$3,301$2,732$2,247$1,838$1,497$1,293
19 years$3,095$2,532$2,057$1,661$1,334$1,141
20 years$2,909$2,353$1,888$1,504$1,192$1,009
21 years$2,742$2,191$1,736$1,365$1,066$894
22 years$2,589$2,046$1,600$1,241$956$793
23 years$2,451$1,913$1,478$1,131$858$705
24 years$2,324$1,793$1,367$1,031$771$627
25 years$2,207$1,682$1,266$942$694$558
26 years$2,099$1,581$1,174$861$625$497
27 years$2,000$1,488$1,090$788$564$443
28 years$1,908$1,402$1,013$722$509$396
29 years$1,822$1,323$943$662$459$353
30 years$1,742$1,249$878$608$415$316
31 years$1,668$1,181$819$558$375$282
32 years$1,598$1,117$764$513$339$252
33 years$1,533$1,058$713$472$307$226
34 years$1,472$1,003$667$434$278$202
35 years$1,414$951$623$400$252$181
36 years$1,360$903$583$368$228$162
37 years$1,308$857$546$339$207$145
38 years$1,260$815$511$312$188$130
39 years$1,214$775$479$288$170$117
40 years$1,170$737$449$266$154$104
41 years$1,129$702$421$245$140$94
42 years$1,090$668$395$226$127$84
43 years$1,053$637$370$209$115$75
44 years$1,017$607$348$193$105$68
45 years$983$579$326$178$95$61
46 years$951$552$307$165$86$54
47 years$920$527$288$152$78$49
48 years$891$503$271$140$71$44
49 years$863$480$254$130$65$39
50 years$836$459$239$120$59$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $856,000, adding $6,911 every year, while hoping to spend $21,711 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: 31/43/26 Blend
49$856,000$856,000$856,000$856,000
50$950,441$905,073$891,805$972,140
51$1,024,285$926,321$898,580$1,010,628
52$1,104,934$947,883$904,854$1,049,636
53$1,193,059$969,750$910,588$1,091,191
54$1,289,398$991,915$915,740$1,135,533
55$1,394,766$1,014,368$920,266$1,182,921
56$1,510,057$1,037,097$924,120$1,233,645
57$1,636,257$1,060,089$927,253$1,288,023
58$1,774,454$1,083,332$929,614$1,346,407
59$1,925,843$1,106,810$931,151$1,409,183
60$2,091,741$1,130,506$931,807$1,476,779
61$2,273,599$1,154,401$931,522$1,549,666
62$2,473,013$1,178,474$930,236$1,628,364
63$2,691,745$1,202,703$927,883$1,713,447
64$2,931,731$1,227,064$924,396$1,805,547
65$3,195,108$1,251,530$919,702$1,905,363
66$3,484,225$1,276,071$913,729$2,013,665
67$3,801,673$1,300,656$906,396$2,131,302
68$4,150,306$1,325,251$897,622$2,259,212
69$4,533,267$1,349,817$887,322$2,398,428
70$4,954,018$1,374,316$875,405$2,550,091
71$5,416,374$1,398,704$861,778$2,715,461
72$5,924,537$1,422,933$846,340$2,895,923
73$6,483,137$1,446,954$828,990$3,093,011
74$7,097,275$1,470,713$809,619$3,308,413
75$7,772,569$1,494,151$788,114$3,543,991
76$8,515,212$1,517,205$764,356$3,801,802
77$9,332,025$1,539,809$738,223$4,084,113
78$10,230,523$1,561,891$709,585$4,393,423
79$11,218,986$1,583,373$678,306$4,732,490
80$12,306,539$1,604,175$644,245$5,104,357
81$13,503,233$1,624,207$607,255$5,512,377
82$14,820,145$1,643,375$567,180$5,960,252
83$16,269,479$1,661,579$523,860$6,452,061
84$17,864,682$1,678,713$477,125$6,992,305
85$19,620,570$1,694,661$426,800$7,585,947
86$21,553,471$1,709,301$372,700$8,238,459
87$23,681,373$1,722,505$314,633$8,955,878
88$26,024,098$1,734,133$252,399$9,744,858
89$28,603,489$1,744,039$185,787$10,612,739
90$31,443,613$1,752,065$114,580$11,567,614
91$34,570,991$1,758,045$38,547$12,618,406
92$38,014,846$1,761,803$0$13,774,953
93$41,807,378$1,763,149$0$15,059,923
94$45,984,072$1,761,885$0$16,485,640
95$50,584,027$1,757,797$0$18,054,660
96$55,650,330$1,750,661$0$19,781,601
97$61,230,457$1,740,237$0$21,682,573
98$67,376,727$1,726,272$0$23,775,334
99$74,146,791$1,708,497$0$26,079,458
100$81,604,176$1,686,626$0$28,616,516