Can I retire at age 50 with 857,000?

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 $857,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$70,770$70,140$69,525$68,925$68,338$67,965
2 years$35,035$34,382$33,750$33,137$32,542$32,165
3 years$23,125$22,469$21,838$21,231$20,646$20,277
4 years$17,171$16,517$15,893$15,296$14,725$14,367
5 years$13,599$12,950$12,333$11,749$11,194$10,848
6 years$11,219$10,574$9,967$9,395$8,857$8,524
7 years$9,519$8,880$8,283$7,725$7,203$6,883
8 years$8,245$7,612$7,025$6,480$5,976$5,669
9 years$7,255$6,628$6,050$5,519$5,032$4,738
10 years$6,463$5,842$5,275$4,758$4,288$4,006
11 years$5,816$5,201$4,644$4,141$3,688$3,418
12 years$5,277$4,668$4,121$3,632$3,196$2,938
13 years$4,821$4,218$3,682$3,206$2,787$2,541
14 years$4,430$3,834$3,308$2,846$2,443$2,209
15 years$4,092$3,503$2,987$2,538$2,151$1,929
16 years$3,797$3,214$2,708$2,273$1,901$1,690
17 years$3,536$2,960$2,464$2,042$1,686$1,485
18 years$3,305$2,735$2,250$1,840$1,499$1,309
19 years$3,098$2,535$2,059$1,663$1,336$1,156
20 years$2,913$2,355$1,890$1,506$1,193$1,023
21 years$2,745$2,194$1,738$1,367$1,068$907
22 years$2,592$2,048$1,602$1,243$957$805
23 years$2,453$1,915$1,479$1,132$859$716
24 years$2,326$1,795$1,368$1,032$772$637
25 years$2,209$1,684$1,267$943$695$567
26 years$2,102$1,583$1,175$862$626$506
27 years$2,002$1,490$1,091$789$564$452
28 years$1,910$1,404$1,015$723$509$403
29 years$1,824$1,324$944$663$460$361
30 years$1,744$1,251$879$608$415$322
31 years$1,670$1,182$820$559$376$288
32 years$1,600$1,119$765$514$340$258
33 years$1,535$1,059$714$472$307$231
34 years$1,473$1,004$667$435$278$207
35 years$1,416$952$624$400$252$186
36 years$1,361$904$584$368$228$166
37 years$1,310$858$546$339$207$149
38 years$1,261$816$512$313$188$134
39 years$1,215$776$479$288$170$120
40 years$1,172$738$449$266$154$108
41 years$1,130$703$421$245$140$96
42 years$1,091$669$395$227$127$87
43 years$1,054$638$371$209$115$78
44 years$1,018$608$348$193$105$70
45 years$984$580$327$178$95$63
46 years$952$553$307$165$86$56
47 years$921$528$288$152$78$50
48 years$892$504$271$141$71$45
49 years$864$481$255$130$65$41
50 years$837$459$239$120$59$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $857,000, adding $5,063 every year, while hoping to spend $54,828 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: 35/42/23 Blend
49$857,000$857,000$857,000$857,000
50$949,636$904,215$890,932$976,099
51$988,163$890,185$862,442$982,072
52$1,028,781$873,630$831,159$983,126
53$1,071,647$854,369$796,933$983,159
54$1,116,930$832,208$759,606$982,113
55$1,164,816$806,944$719,011$979,931
56$1,215,505$778,363$674,976$976,555
57$1,269,219$746,235$627,320$971,927
58$1,326,198$710,319$575,854$965,988
59$1,386,706$670,360$520,381$958,681
60$1,451,030$626,088$460,694$949,948
61$1,519,487$577,218$396,578$939,735
62$1,592,420$523,447$327,809$927,989
63$1,670,207$464,457$254,152$914,658
64$1,753,263$399,910$175,360$899,696
65$1,842,040$329,450$91,179$883,060
66$1,937,036$252,701$1,342$864,713
67$2,038,796$169,265$0$844,622
68$2,147,916$78,722$0$845,965
69$2,265,054$0$0$847,386
70$2,390,928$0$0$857,580
71$2,526,328$0$0$907,769
72$2,672,123$0$0$961,903
73$2,829,264$0$0$1,020,347
74$2,998,798$0$0$1,083,503
75$3,181,874$0$0$1,151,812
76$3,379,756$0$0$1,225,759
77$3,593,832$0$0$1,305,877
78$3,825,627$0$0$1,392,752
79$4,076,821$0$0$1,487,029
80$4,349,257$0$0$1,589,418
81$4,644,964$0$0$1,700,697
82$4,966,174$0$0$1,821,726
83$5,315,341$0$0$1,953,447
84$5,695,166$0$0$2,096,900
85$6,108,619$0$0$2,253,228
86$6,558,970$0$0$2,423,688
87$7,049,815$0$0$2,609,664
88$7,585,115$0$0$2,812,682
89$8,169,225$0$0$3,034,417
90$8,806,944$0$0$3,276,717
91$9,503,550$0$0$3,541,614
92$10,264,857$0$0$3,831,347
93$11,097,263$0$0$4,148,380
94$12,007,814$0$0$4,495,427
95$13,004,269$0$0$4,875,475
96$14,095,168$0$0$5,291,817
97$15,289,921$0$0$5,748,075
98$16,598,885$0$0$6,248,241
99$18,033,469$0$0$6,796,711
100$19,606,238$0$0$7,398,326