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%13.7%
1 years$70,770$70,140$69,525$68,925$68,338$67,289
2 years$35,035$34,382$33,750$33,137$32,542$31,488
3 years$23,125$22,469$21,838$21,231$20,646$19,619
4 years$17,171$16,517$15,893$15,296$14,725$13,734
5 years$13,599$12,950$12,333$11,749$11,194$10,241
6 years$11,219$10,574$9,967$9,395$8,857$7,943
7 years$9,519$8,880$8,283$7,725$7,203$6,329
8 years$8,245$7,612$7,025$6,480$5,976$5,141
9 years$7,255$6,628$6,050$5,519$5,032$4,237
10 years$6,463$5,842$5,275$4,758$4,288$3,531
11 years$5,816$5,201$4,644$4,141$3,688$2,968
12 years$5,277$4,668$4,121$3,632$3,196$2,513
13 years$4,821$4,218$3,682$3,206$2,787$2,140
14 years$4,430$3,834$3,308$2,846$2,443$1,831
15 years$4,092$3,503$2,987$2,538$2,151$1,573
16 years$3,797$3,214$2,708$2,273$1,901$1,355
17 years$3,536$2,960$2,464$2,042$1,686$1,171
18 years$3,305$2,735$2,250$1,840$1,499$1,015
19 years$3,098$2,535$2,059$1,663$1,336$881
20 years$2,913$2,355$1,890$1,506$1,193$766
21 years$2,745$2,194$1,738$1,367$1,068$667
22 years$2,592$2,048$1,602$1,243$957$581
23 years$2,453$1,915$1,479$1,132$859$508
24 years$2,326$1,795$1,368$1,032$772$443
25 years$2,209$1,684$1,267$943$695$388
26 years$2,102$1,583$1,175$862$626$339
27 years$2,002$1,490$1,091$789$564$297
28 years$1,910$1,404$1,015$723$509$260
29 years$1,824$1,324$944$663$460$228
30 years$1,744$1,251$879$608$415$200
31 years$1,670$1,182$820$559$376$176
32 years$1,600$1,119$765$514$340$154
33 years$1,535$1,059$714$472$307$135
34 years$1,473$1,004$667$435$278$119
35 years$1,416$952$624$400$252$104
36 years$1,361$904$584$368$228$92
37 years$1,310$858$546$339$207$80
38 years$1,261$816$512$313$188$71
39 years$1,215$776$479$288$170$62
40 years$1,172$738$449$266$154$55
41 years$1,130$703$421$245$140$48
42 years$1,091$669$395$227$127$42
43 years$1,054$638$371$209$115$37
44 years$1,018$608$348$193$105$33
45 years$984$580$327$178$95$29
46 years$952$553$307$165$86$25
47 years$921$528$288$152$78$22
48 years$892$504$271$141$71$19
49 years$864$481$255$130$65$17
50 years$837$459$239$120$59$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $857,000, adding $6,752 every year, while hoping to spend $31,756 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: 69/24/7 Blend
49$857,000$857,000$857,000$857,000
50$951,379$905,958$892,674$1,015,485
51$1,014,631$916,561$888,791$1,069,413
52$1,083,271$926,621$883,713$1,123,860
53$1,157,814$936,075$877,367$1,182,555
54$1,238,829$944,860$869,676$1,245,908
55$1,326,938$952,907$860,559$1,314,370
56$1,422,830$960,143$849,932$1,388,439
57$1,527,260$966,492$837,706$1,468,665
58$1,641,060$971,869$823,789$1,555,651
59$1,765,146$976,188$808,083$1,650,066
60$1,900,523$979,354$790,486$1,752,644
61$2,048,303$981,268$770,893$1,864,195
62$2,209,704$981,825$749,193$1,985,615
63$2,386,071$980,912$725,268$2,117,887
64$2,578,884$978,410$698,998$2,262,098
65$2,789,771$974,193$670,255$2,419,445
66$3,020,525$968,126$638,906$2,591,249
67$3,273,121$960,066$604,812$2,778,966
68$3,549,734$949,864$567,828$2,984,200
69$3,852,758$937,359$527,802$3,208,722
70$4,184,831$922,381$484,574$3,454,483
71$4,548,856$904,750$437,980$3,723,633
72$4,948,033$884,276$387,846$4,018,545
73$5,385,884$860,758$333,991$4,341,833
74$5,866,291$833,982$276,226$4,696,383
75$6,393,527$803,721$214,354$5,085,372
76$6,972,301$769,737$148,169$5,512,305
77$7,607,799$731,777$77,456$5,981,047
78$8,305,733$689,574$1,989$6,495,859
79$9,072,398$642,843$0$7,061,438
80$9,914,727$591,286$0$7,688,830
81$10,840,356$534,587$0$8,378,418
82$11,857,701$472,410$0$9,136,366
83$12,976,032$404,403$0$9,969,635
84$14,205,561$330,193$0$10,885,895
85$15,557,540$249,384$0$11,893,605
86$17,044,366$161,561$0$13,002,084
87$18,679,697$66,283$0$14,221,608
88$20,478,581$0$0$15,563,502
89$22,457,598$0$0$17,049,999
90$24,635,016$0$0$18,704,835
91$27,030,964$0$0$20,525,811
92$29,667,618$0$0$22,529,788
93$32,569,414$0$0$24,735,346
94$35,763,279$0$0$27,162,959
95$39,278,879$0$0$29,835,183
96$43,148,904$0$0$32,776,875
97$47,409,374$0$0$36,015,421
98$52,099,980$0$0$39,581,002
99$57,264,456$0$0$43,506,870
100$62,950,991$0$0$47,829,668