Can I retire at age 50 with 858,000?

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 $858,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$70,853$70,222$69,606$69,005$68,418$67,563
2 years$35,076$34,422$33,789$33,175$32,580$31,720
3 years$23,151$22,495$21,864$21,256$20,670$19,831
4 years$17,191$16,537$15,911$15,314$14,742$13,931
5 years$13,615$12,965$12,348$11,762$11,207$10,426
6 years$11,232$10,587$9,979$9,406$8,867$8,118
7 years$9,531$8,891$8,293$7,734$7,212$6,494
8 years$8,255$7,621$7,033$6,487$5,983$5,296
9 years$7,264$6,635$6,057$5,526$5,038$4,383
10 years$6,471$5,849$5,281$4,763$4,293$3,668
11 years$5,823$5,207$4,649$4,146$3,692$3,097
12 years$5,283$4,673$4,126$3,636$3,199$2,634
13 years$4,826$4,223$3,686$3,210$2,790$2,253
14 years$4,436$3,839$3,312$2,850$2,446$1,937
15 years$4,097$3,507$2,990$2,541$2,153$1,672
16 years$3,801$3,218$2,711$2,276$1,903$1,448
17 years$3,541$2,963$2,467$2,045$1,687$1,257
18 years$3,309$2,738$2,252$1,843$1,500$1,095
19 years$3,102$2,538$2,062$1,665$1,337$955
20 years$2,916$2,358$1,892$1,508$1,195$835
21 years$2,748$2,197$1,740$1,369$1,069$731
22 years$2,595$2,050$1,604$1,244$958$640
23 years$2,456$1,918$1,481$1,133$860$562
24 years$2,329$1,797$1,370$1,034$773$494
25 years$2,212$1,686$1,269$944$696$434
26 years$2,104$1,585$1,177$863$627$382
27 years$2,005$1,491$1,093$790$565$336
28 years$1,912$1,405$1,016$724$510$296
29 years$1,826$1,326$945$664$460$261
30 years$1,747$1,252$880$609$416$230
31 years$1,672$1,184$821$559$376$203
32 years$1,602$1,120$766$514$340$179
33 years$1,537$1,061$715$473$308$158
34 years$1,475$1,005$668$435$279$140
35 years$1,417$953$625$400$252$124
36 years$1,363$905$584$369$229$109
37 years$1,311$859$547$340$207$96
38 years$1,263$817$512$313$188$85
39 years$1,217$777$480$289$170$75
40 years$1,173$739$450$266$155$67
41 years$1,132$703$422$246$140$59
42 years$1,092$670$396$227$127$52
43 years$1,055$638$371$209$115$46
44 years$1,019$608$348$193$105$41
45 years$986$580$327$179$95$36
46 years$953$553$307$165$86$32
47 years$922$528$289$152$78$28
48 years$893$504$271$141$71$25
49 years$865$482$255$130$65$22
50 years$838$460$240$120$59$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $858,000, adding $2,866 every year, while hoping to spend $39,585 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: 54/41/5 Blend
49$858,000$858,000$858,000$858,000
50$948,472$902,998$889,699$998,535
51$1,003,098$905,127$877,386$1,034,785
52$1,061,969$906,033$863,334$1,069,584
53$1,125,477$905,616$847,442$1,106,480
54$1,194,051$903,766$829,606$1,145,678
55$1,268,163$900,369$809,717$1,187,404
56$1,348,332$895,304$787,660$1,231,909
57$1,435,130$888,442$763,314$1,279,470
58$1,529,183$879,645$736,554$1,330,396
59$1,631,181$868,769$707,250$1,385,027
60$1,741,882$855,660$675,264$1,443,743
61$1,862,121$840,154$640,452$1,506,962
62$1,992,815$822,080$602,665$1,575,148
63$2,134,974$801,253$561,746$1,648,816
64$2,289,708$777,481$517,532$1,728,534
65$2,458,240$750,559$469,850$1,814,933
66$2,641,914$720,270$418,524$1,908,712
67$2,842,209$686,384$363,365$2,010,642
68$3,060,756$648,658$304,179$2,121,578
69$3,299,347$606,836$240,763$2,242,467
70$3,559,955$560,646$172,903$2,374,356
71$3,844,754$509,801$100,379$2,518,402
72$4,156,136$453,998$22,958$2,675,887
73$4,496,733$392,915$0$2,848,228
74$4,869,447$326,215$0$3,040,176
75$5,277,470$253,539$0$3,251,793
76$5,724,318$174,509$0$3,483,784
77$6,213,865$88,726$0$3,738,281
78$6,750,373$0$0$4,017,641
79$7,338,540$0$0$4,326,376
80$7,983,539$0$0$4,708,922
81$8,691,066$0$0$5,128,637
82$9,467,397$0$0$5,589,253
83$10,319,444$0$0$6,094,884
84$11,254,820$0$0$6,650,059
85$12,281,912$0$0$7,259,766
86$13,409,960$0$0$7,929,502
87$14,649,140$0$0$8,665,323
88$16,010,665$0$0$9,473,898
89$17,506,885$0$0$10,362,577
90$19,151,409$0$0$11,339,454
91$20,959,227$0$0$12,413,450
92$22,946,855$0$0$13,594,390
93$25,132,489$0$0$14,893,101
94$27,536,177$0$0$16,321,512
95$30,180,008$0$0$17,892,764
96$33,088,315$0$0$19,621,337
97$36,287,914$0$0$21,523,185
98$39,808,346$0$0$23,615,886
99$43,682,162$0$0$25,918,809
100$47,945,229$0$0$28,453,294