Can I retire at age 50 with 858,000?

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 $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%16.6%
1 years$70,853$70,222$69,606$69,005$68,418$66,575
2 years$35,076$34,422$33,789$33,175$32,580$30,736
3 years$23,151$22,495$21,864$21,256$20,670$18,884
4 years$17,191$16,537$15,911$15,314$14,742$13,026
5 years$13,615$12,965$12,348$11,762$11,207$9,567
6 years$11,232$10,587$9,979$9,406$8,867$7,304
7 years$9,531$8,891$8,293$7,734$7,212$5,726
8 years$8,255$7,621$7,033$6,487$5,983$4,573
9 years$7,264$6,635$6,057$5,526$5,038$3,704
10 years$6,471$5,849$5,281$4,763$4,293$3,032
11 years$5,823$5,207$4,649$4,146$3,692$2,503
12 years$5,283$4,673$4,126$3,636$3,199$2,079
13 years$4,826$4,223$3,686$3,210$2,790$1,737
14 years$4,436$3,839$3,312$2,850$2,446$1,457
15 years$4,097$3,507$2,990$2,541$2,153$1,226
16 years$3,801$3,218$2,711$2,276$1,903$1,035
17 years$3,541$2,963$2,467$2,045$1,687$876
18 years$3,309$2,738$2,252$1,843$1,500$743
19 years$3,102$2,538$2,062$1,665$1,337$631
20 years$2,916$2,358$1,892$1,508$1,195$537
21 years$2,748$2,197$1,740$1,369$1,069$457
22 years$2,595$2,050$1,604$1,244$958$390
23 years$2,456$1,918$1,481$1,133$860$333
24 years$2,329$1,797$1,370$1,034$773$284
25 years$2,212$1,686$1,269$944$696$243
26 years$2,104$1,585$1,177$863$627$208
27 years$2,005$1,491$1,093$790$565$178
28 years$1,912$1,405$1,016$724$510$152
29 years$1,826$1,326$945$664$460$130
30 years$1,747$1,252$880$609$416$111
31 years$1,672$1,184$821$559$376$95
32 years$1,602$1,120$766$514$340$82
33 years$1,537$1,061$715$473$308$70
34 years$1,475$1,005$668$435$279$60
35 years$1,417$953$625$400$252$51
36 years$1,363$905$584$369$229$44
37 years$1,311$859$547$340$207$38
38 years$1,263$817$512$313$188$32
39 years$1,217$777$480$289$170$28
40 years$1,173$739$450$266$155$24
41 years$1,132$703$422$246$140$20
42 years$1,092$670$396$227$127$17
43 years$1,055$638$371$209$115$15
44 years$1,019$608$348$193$105$13
45 years$986$580$327$179$95$11
46 years$953$553$307$165$86$9
47 years$922$528$289$152$78$8
48 years$893$504$271$141$71$7
49 years$865$482$255$130$65$6
50 years$838$460$240$120$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $858,000, adding $3,756 every year, while hoping to spend $39,937 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: 35/37/28 Blend
49$858,000$858,000$858,000$858,000
50$949,390$903,916$890,617$974,499
51$1,003,735$905,716$877,960$995,426
52$1,062,285$906,264$863,541$1,014,134
53$1,125,427$905,460$847,258$1,033,550
54$1,193,584$903,191$829,005$1,053,766
55$1,267,225$899,342$808,671$1,074,884
56$1,346,861$893,790$786,141$1,097,021
57$1,433,057$886,402$761,294$1,120,308
58$1,526,434$877,040$734,001$1,144,894
59$1,627,671$865,556$704,132$1,170,945
60$1,737,519$851,794$671,546$1,198,651
61$1,856,803$835,588$636,099$1,228,223
62$1,986,428$816,763$597,639$1,259,898
63$2,127,392$795,133$556,009$1,293,945
64$2,280,792$770,501$511,041$1,330,661
65$2,447,836$742,659$462,564$1,370,381
66$2,629,852$711,386$410,397$1,413,482
67$2,828,302$676,449$354,351$1,460,380
68$3,044,796$637,602$294,228$1,511,545
69$3,281,104$594,584$229,824$1,567,498
70$3,539,177$547,118$160,923$1,628,823
71$3,821,160$494,914$87,301$1,696,170
72$4,129,416$437,663$8,724$1,770,262
73$4,466,547$375,039$0$1,851,906
74$4,835,417$306,698$0$1,964,447
75$5,239,181$232,278$0$2,090,675
76$5,681,311$151,393$0$2,229,174
77$6,165,632$63,638$0$2,381,259
78$6,696,355$0$0$2,548,388
79$7,278,120$0$0$2,744,965
80$7,916,035$0$0$2,989,049
81$8,615,727$0$0$3,256,899
82$9,383,394$0$0$3,550,903
83$10,225,862$0$0$3,873,693
84$11,150,650$0$0$4,228,165
85$12,166,043$0$0$4,617,514
86$13,281,163$0$0$5,045,255
87$14,506,062$0$0$5,515,264
88$15,851,812$0$0$6,031,809
89$17,330,613$0$0$6,599,592
90$18,955,901$0$0$7,223,794
91$20,742,482$0$0$7,910,122
92$22,706,667$0$0$8,664,865
93$24,866,424$0$0$9,494,951
94$27,241,553$0$0$10,408,013
95$29,853,865$0$0$11,412,462
96$32,727,394$0$0$12,517,563
97$35,888,618$0$0$13,733,528
98$39,366,713$0$0$15,071,605
99$43,193,824$0$0$16,544,189
100$47,405,368$0$0$18,164,938