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%16.1%
1 years$70,935$70,304$69,687$69,085$68,498$66,788
2 years$35,117$34,463$33,829$33,214$32,618$30,906
3 years$23,178$22,522$21,889$21,281$20,694$19,034
4 years$17,211$16,556$15,930$15,331$14,759$13,163
5 years$13,631$12,980$12,362$11,776$11,220$9,692
6 years$11,245$10,599$9,991$9,417$8,878$7,421
7 years$9,542$8,901$8,302$7,743$7,220$5,833
8 years$8,265$7,630$7,041$6,495$5,990$4,673
9 years$7,272$6,643$6,064$5,532$5,044$3,796
10 years$6,478$5,856$5,287$4,769$4,298$3,117
11 years$5,829$5,213$4,655$4,150$3,696$2,581
12 years$5,289$4,679$4,131$3,640$3,203$2,152
13 years$4,832$4,228$3,691$3,214$2,793$1,803
14 years$4,441$3,843$3,316$2,853$2,449$1,518
15 years$4,102$3,511$2,994$2,544$2,156$1,282
16 years$3,806$3,221$2,714$2,278$1,905$1,086
17 years$3,545$2,967$2,470$2,047$1,689$923
18 years$3,313$2,741$2,255$1,845$1,502$786
19 years$3,106$2,541$2,064$1,667$1,339$670
20 years$2,919$2,361$1,894$1,510$1,196$572
21 years$2,751$2,199$1,742$1,370$1,070$489
22 years$2,598$2,053$1,606$1,246$959$419
23 years$2,459$1,920$1,483$1,135$861$359
24 years$2,332$1,799$1,371$1,035$774$307
25 years$2,215$1,688$1,270$945$696$264
26 years$2,107$1,587$1,178$864$627$226
27 years$2,007$1,493$1,094$791$566$194
28 years$1,915$1,407$1,017$725$510$167
29 years$1,829$1,327$946$665$461$144
30 years$1,749$1,254$881$610$416$123
31 years$1,674$1,185$822$560$376$106
32 years$1,604$1,121$767$515$341$91
33 years$1,538$1,062$716$473$308$79
34 years$1,477$1,006$669$436$279$68
35 years$1,419$955$625$401$253$58
36 years$1,364$906$585$369$229$50
37 years$1,313$860$548$340$208$43
38 years$1,264$818$513$314$188$37
39 years$1,218$778$480$289$171$32
40 years$1,174$740$450$267$155$28
41 years$1,133$704$422$246$140$24
42 years$1,094$671$396$227$127$20
43 years$1,056$639$372$210$116$18
44 years$1,021$609$349$194$105$15
45 years$987$581$328$179$95$13
46 years$954$554$308$165$87$11
47 years$923$529$289$153$79$10
48 years$894$505$272$141$71$8
49 years$866$482$255$130$65$7
50 years$839$461$240$120$59$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $859,000, adding $5,099 every year, while hoping to spend $32,622 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: 58/24/18 Blend
49$859,000$859,000$859,000$859,000
50$951,878$906,351$893,036$1,002,312
51$1,014,260$916,052$888,243$1,046,810
52$1,081,911$925,136$882,197$1,091,297
53$1,155,335$933,537$874,819$1,139,056
54$1,235,086$941,186$866,032$1,190,410
55$1,321,770$948,010$855,750$1,245,713
56$1,416,059$953,931$843,886$1,305,357
57$1,518,689$958,865$830,348$1,369,776
58$1,630,470$962,724$815,039$1,439,446
59$1,752,294$965,414$797,859$1,514,897
60$1,885,142$966,834$778,702$1,596,710
61$2,030,096$966,878$757,458$1,685,530
62$2,188,345$965,434$734,011$1,782,065
63$2,361,197$962,381$708,241$1,887,101
64$2,550,093$957,592$680,022$2,001,502
65$2,756,620$950,932$649,220$2,126,226
66$2,982,526$942,258$615,699$2,262,326
67$3,229,733$931,418$579,315$2,410,967
68$3,500,359$918,250$539,915$2,573,434
69$3,796,737$902,586$497,343$2,751,146
70$4,121,434$884,243$451,435$2,945,668
71$4,477,280$863,030$402,017$3,158,728
72$4,867,388$838,745$348,911$3,392,233
73$5,295,191$811,172$291,928$3,648,287
74$5,764,467$780,086$230,874$3,929,211
75$6,279,377$745,245$165,543$4,237,568
76$6,844,507$706,395$95,722$4,576,184
77$7,464,906$663,268$21,188$4,948,177
78$8,146,137$615,578$0$5,356,989
79$8,894,327$563,026$0$5,817,623
80$9,716,227$505,293$0$6,328,129
81$10,619,273$442,043$0$6,889,104
82$11,611,658$372,922$0$7,505,692
83$12,702,407$297,555$0$8,183,568
84$13,901,462$215,545$0$8,928,988
85$15,219,778$126,473$0$9,748,846
86$16,669,424$29,899$0$10,650,746
87$18,263,697$0$0$11,643,068
88$20,017,246$0$0$12,754,766
89$21,946,212$0$0$13,986,441
90$24,068,381$0$0$15,341,564
91$26,403,345$0$0$16,832,658
92$28,972,696$0$0$18,473,520
93$31,800,221$0$0$20,279,354
94$34,912,131$0$0$22,266,911
95$38,337,307$0$0$24,454,649
96$42,107,572$0$0$26,862,907
97$46,257,989$0$0$29,514,095
98$50,827,195$0$0$32,432,906
99$55,857,764$0$0$35,646,549
100$61,396,605$0$0$39,185,007