Can I retire at age 50 with 859,000?

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 $859,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$70,935$70,304$69,687$69,085$68,498$67,335
2 years$35,117$34,463$33,829$33,214$32,618$31,450
3 years$23,178$22,522$21,889$21,281$20,694$19,558
4 years$17,211$16,556$15,930$15,331$14,759$13,663
5 years$13,631$12,980$12,362$11,776$11,220$10,167
6 years$11,245$10,599$9,991$9,417$8,878$7,869
7 years$9,542$8,901$8,302$7,743$7,220$6,256
8 years$8,265$7,630$7,041$6,495$5,990$5,070
9 years$7,272$6,643$6,064$5,532$5,044$4,168
10 years$6,478$5,856$5,287$4,769$4,298$3,465
11 years$5,829$5,213$4,655$4,150$3,696$2,906
12 years$5,289$4,679$4,131$3,640$3,203$2,454
13 years$4,832$4,228$3,691$3,214$2,793$2,084
14 years$4,441$3,843$3,316$2,853$2,449$1,778
15 years$4,102$3,511$2,994$2,544$2,156$1,523
16 years$3,806$3,221$2,714$2,278$1,905$1,309
17 years$3,545$2,967$2,470$2,047$1,689$1,128
18 years$3,313$2,741$2,255$1,845$1,502$974
19 years$3,106$2,541$2,064$1,667$1,339$843
20 years$2,919$2,361$1,894$1,510$1,196$731
21 years$2,751$2,199$1,742$1,370$1,070$635
22 years$2,598$2,053$1,606$1,246$959$552
23 years$2,459$1,920$1,483$1,135$861$480
24 years$2,332$1,799$1,371$1,035$774$418
25 years$2,215$1,688$1,270$945$696$364
26 years$2,107$1,587$1,178$864$627$318
27 years$2,007$1,493$1,094$791$566$277
28 years$1,915$1,407$1,017$725$510$242
29 years$1,829$1,327$946$665$461$212
30 years$1,749$1,254$881$610$416$185
31 years$1,674$1,185$822$560$376$162
32 years$1,604$1,121$767$515$341$141
33 years$1,538$1,062$716$473$308$124
34 years$1,477$1,006$669$436$279$108
35 years$1,419$955$625$401$253$95
36 years$1,364$906$585$369$229$83
37 years$1,313$860$548$340$208$73
38 years$1,264$818$513$314$188$64
39 years$1,218$778$480$289$171$56
40 years$1,174$740$450$267$155$49
41 years$1,133$704$422$246$140$43
42 years$1,094$671$396$227$127$37
43 years$1,056$639$372$210$116$33
44 years$1,021$609$349$194$105$29
45 years$987$581$328$179$95$25
46 years$954$554$308$165$87$22
47 years$923$529$289$153$79$19
48 years$894$505$272$141$71$17
49 years$866$482$255$130$65$15
50 years$839$461$240$120$59$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $859,000, adding $5,853 every year, while hoping to spend $37,904 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: 36/36/28 Blend
49$859,000$859,000$859,000$859,000
50$952,655$907,128$893,814$978,772
51$1,009,497$911,248$883,427$1,002,828
52$1,070,865$914,299$871,422$1,024,933
53$1,137,183$916,190$857,704$1,048,071
54$1,208,914$916,821$842,175$1,072,359
55$1,286,567$916,089$824,732$1,097,930
56$1,370,702$913,883$805,266$1,124,933
57$1,461,936$910,085$783,664$1,153,537
58$1,560,945$904,571$759,809$1,183,928
59$1,668,475$897,209$733,576$1,216,316
60$1,785,345$887,857$704,836$1,250,936
61$1,912,456$876,368$673,454$1,288,051
62$2,050,800$862,584$639,289$1,327,953
63$2,201,469$846,337$602,192$1,370,969
64$2,365,662$827,451$562,009$1,417,465
65$2,544,702$805,739$518,578$1,467,848
66$2,740,043$781,001$471,732$1,522,570
67$2,953,286$753,028$421,293$1,582,137
68$3,186,192$721,599$367,078$1,647,111
69$3,440,703$686,476$308,895$1,718,117
70$3,718,954$647,413$246,542$1,795,851
71$4,023,297$604,145$179,810$1,881,085
72$4,356,320$556,395$108,481$1,974,679
73$4,720,875$503,869$32,325$2,077,587
74$5,120,102$446,256$0$2,190,867
75$5,557,456$383,227$0$2,330,320
76$6,036,747$314,435$0$2,493,882
77$6,562,167$239,514$0$2,673,411
78$7,138,334$158,077$0$2,870,592
79$7,770,336$69,714$0$3,087,288
80$8,463,774$0$0$3,325,559
81$9,224,821$0$0$3,597,980
82$10,060,272$0$0$3,927,477
83$10,977,618$0$0$4,289,402
84$11,985,105$0$0$4,687,025
85$13,091,820$0$0$5,123,948
86$14,307,774$0$0$5,604,142
87$15,643,994$0$0$6,131,978
88$17,112,629$0$0$6,712,274
89$18,727,062$0$0$7,350,337
90$20,502,039$0$0$8,052,015
91$22,453,805$0$0$8,823,751
92$24,600,259$0$0$9,672,642
93$26,961,120$0$0$10,606,510
94$29,558,116$0$0$11,633,971
95$32,415,185$0$0$12,764,519
96$35,558,702$0$0$14,008,615
97$39,017,728$0$0$15,377,786
98$42,824,285$0$0$16,884,731
99$47,013,653$0$0$18,543,445
100$51,624,707$0$0$20,369,346