Can I retire at age 50 with 857,000?

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 $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%16.9%
1 years$70,770$70,140$69,525$68,925$68,338$66,417
2 years$35,035$34,382$33,750$33,137$32,542$30,621
3 years$23,125$22,469$21,838$21,231$20,646$18,785
4 years$17,171$16,517$15,893$15,296$14,725$12,939
5 years$13,599$12,950$12,333$11,749$11,194$9,487
6 years$11,219$10,574$9,967$9,395$8,857$7,232
7 years$9,519$8,880$8,283$7,725$7,203$5,659
8 years$8,245$7,612$7,025$6,480$5,976$4,512
9 years$7,255$6,628$6,050$5,519$5,032$3,648
10 years$6,463$5,842$5,275$4,758$4,288$2,981
11 years$5,816$5,201$4,644$4,141$3,688$2,455
12 years$5,277$4,668$4,121$3,632$3,196$2,036
13 years$4,821$4,218$3,682$3,206$2,787$1,697
14 years$4,430$3,834$3,308$2,846$2,443$1,421
15 years$4,092$3,503$2,987$2,538$2,151$1,194
16 years$3,797$3,214$2,708$2,273$1,901$1,006
17 years$3,536$2,960$2,464$2,042$1,686$849
18 years$3,305$2,735$2,250$1,840$1,499$719
19 years$3,098$2,535$2,059$1,663$1,336$609
20 years$2,913$2,355$1,890$1,506$1,193$517
21 years$2,745$2,194$1,738$1,367$1,068$439
22 years$2,592$2,048$1,602$1,243$957$374
23 years$2,453$1,915$1,479$1,132$859$318
24 years$2,326$1,795$1,368$1,032$772$271
25 years$2,209$1,684$1,267$943$695$231
26 years$2,102$1,583$1,175$862$626$197
27 years$2,002$1,490$1,091$789$564$168
28 years$1,910$1,404$1,015$723$509$144
29 years$1,824$1,324$944$663$460$123
30 years$1,744$1,251$879$608$415$105
31 years$1,670$1,182$820$559$376$89
32 years$1,600$1,119$765$514$340$76
33 years$1,535$1,059$714$472$307$65
34 years$1,473$1,004$667$435$278$56
35 years$1,416$952$624$400$252$48
36 years$1,361$904$584$368$228$41
37 years$1,310$858$546$339$207$35
38 years$1,261$816$512$313$188$30
39 years$1,215$776$479$288$170$25
40 years$1,172$738$449$266$154$22
41 years$1,130$703$421$245$140$19
42 years$1,091$669$395$227$127$16
43 years$1,054$638$371$209$115$14
44 years$1,018$608$348$193$105$12
45 years$984$580$327$178$95$10
46 years$952$553$307$165$86$9
47 years$921$528$288$152$78$7
48 years$892$504$271$141$71$6
49 years$864$481$255$130$65$5
50 years$837$459$239$120$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $857,000, adding $4,951 every year, while hoping to spend $38,387 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: 32/48/20 Blend
49$857,000$857,000$857,000$857,000
50$949,521$904,100$890,816$973,882
51$1,005,529$907,557$879,815$995,988
52$1,065,963$909,898$867,159$1,015,943
53$1,131,234$911,026$852,752$1,036,633
54$1,201,793$910,840$836,493$1,058,147
55$1,278,138$909,233$818,277$1,080,584
56$1,360,814$906,091$797,995$1,104,056
57$1,450,420$901,292$775,531$1,128,689
58$1,547,616$894,709$750,765$1,154,628
59$1,653,128$886,204$723,570$1,182,033
60$1,767,753$875,634$693,816$1,211,086
61$1,892,369$862,846$661,364$1,241,990
62$2,027,941$847,676$626,070$1,274,975
63$2,175,532$829,953$587,785$1,310,298
64$2,336,311$809,495$546,350$1,348,247
65$2,511,563$786,110$501,602$1,389,144
66$2,702,706$759,592$453,368$1,433,351
67$2,911,296$729,726$401,470$1,481,272
68$3,139,049$696,284$345,721$1,533,357
69$3,387,854$659,023$285,923$1,590,111
70$3,659,788$617,688$221,875$1,652,095
71$3,957,139$572,008$153,361$1,719,937
72$4,282,429$521,698$80,160$1,794,334
73$4,638,430$466,455$2,039$1,876,066
74$5,028,198$405,959$0$1,965,999
75$5,455,097$339,874$0$2,082,452
76$5,922,832$267,842$0$2,210,734
77$6,435,481$189,487$0$2,351,660
78$6,997,539$104,411$0$2,506,612
79$7,613,955$12,194$0$2,677,124
80$8,290,179$0$0$2,864,895
81$9,032,216$0$0$3,118,079
82$9,846,678$0$0$3,403,179
83$10,740,850$0$0$3,716,321
84$11,722,757$0$0$4,060,334
85$12,801,238$0$0$4,438,332
86$13,986,031$0$0$4,853,747
87$15,287,863$0$0$5,310,359
88$16,718,553$0$0$5,812,333
89$18,291,120$0$0$6,364,260
90$20,019,909$0$0$6,971,193
91$21,920,721$0$0$7,638,704
92$24,010,967$0$0$8,372,928
93$26,309,830$0$0$9,180,629
94$28,838,445$0$0$10,069,256
95$31,620,095$0$0$11,047,016
96$34,680,438$0$0$12,122,956
97$38,047,742$0$0$13,307,039
98$41,753,152$0$0$14,610,246
99$45,830,987$0$0$16,044,676
100$50,319,061$0$0$17,623,660