Can I retire at age 50 with 859,000?

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 $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%18.6%
1 years$70,935$70,304$69,687$69,085$68,498$66,120
2 years$35,117$34,463$33,829$33,214$32,618$30,247
3 years$23,178$22,522$21,889$21,281$20,694$18,405
4 years$17,211$16,556$15,930$15,331$14,759$12,568
5 years$13,631$12,980$12,362$11,776$11,220$9,133
6 years$11,245$10,599$9,991$9,417$8,878$6,898
7 years$9,542$8,901$8,302$7,743$7,220$5,346
8 years$8,265$7,630$7,041$6,495$5,990$4,220
9 years$7,272$6,643$6,064$5,532$5,044$3,376
10 years$6,478$5,856$5,287$4,769$4,298$2,729
11 years$5,829$5,213$4,655$4,150$3,696$2,224
12 years$5,289$4,679$4,131$3,640$3,203$1,823
13 years$4,832$4,228$3,691$3,214$2,793$1,502
14 years$4,441$3,843$3,316$2,853$2,449$1,243
15 years$4,102$3,511$2,994$2,544$2,156$1,032
16 years$3,806$3,221$2,714$2,278$1,905$859
17 years$3,545$2,967$2,470$2,047$1,689$716
18 years$3,313$2,741$2,255$1,845$1,502$598
19 years$3,106$2,541$2,064$1,667$1,339$501
20 years$2,919$2,361$1,894$1,510$1,196$419
21 years$2,751$2,199$1,742$1,370$1,070$352
22 years$2,598$2,053$1,606$1,246$959$295
23 years$2,459$1,920$1,483$1,135$861$248
24 years$2,332$1,799$1,371$1,035$774$209
25 years$2,215$1,688$1,270$945$696$175
26 years$2,107$1,587$1,178$864$627$148
27 years$2,007$1,493$1,094$791$566$124
28 years$1,915$1,407$1,017$725$510$105
29 years$1,829$1,327$946$665$461$88
30 years$1,749$1,254$881$610$416$74
31 years$1,674$1,185$822$560$376$62
32 years$1,604$1,121$767$515$341$53
33 years$1,538$1,062$716$473$308$44
34 years$1,477$1,006$669$436$279$37
35 years$1,419$955$625$401$253$31
36 years$1,364$906$585$369$229$27
37 years$1,313$860$548$340$208$22
38 years$1,264$818$513$314$188$19
39 years$1,218$778$480$289$171$16
40 years$1,174$740$450$267$155$13
41 years$1,133$704$422$246$140$11
42 years$1,094$671$396$227$127$10
43 years$1,056$639$372$210$116$8
44 years$1,021$609$349$194$105$7
45 years$987$581$328$179$95$6
46 years$954$554$308$165$87$5
47 years$923$529$289$153$79$4
48 years$894$505$272$141$71$3
49 years$866$482$255$130$65$3
50 years$839$461$240$120$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $859,000, adding $5,886 every year, while hoping to spend $44,174 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: 59/29/12 Blend
49$859,000$859,000$859,000$859,000
50$952,689$907,162$893,848$1,005,766
51$1,002,863$904,613$876,791$1,039,659
52$1,056,674$900,457$857,682$1,071,127
53$1,114,446$894,571$836,406$1,104,380
54$1,176,536$886,821$812,842$1,139,593
55$1,243,334$877,067$786,863$1,176,962
56$1,315,269$865,159$758,339$1,216,704
57$1,392,813$850,938$727,129$1,259,060
58$1,476,483$834,237$693,091$1,304,299
59$1,566,848$814,878$656,074$1,352,716
60$1,664,532$792,673$615,918$1,404,643
61$1,770,223$767,423$572,460$1,460,444
62$1,884,676$738,917$525,528$1,520,524
63$2,008,721$706,932$474,941$1,585,335
64$2,143,270$671,231$420,511$1,655,373
65$2,289,327$631,565$362,042$1,731,193
66$2,447,997$587,670$299,328$1,813,405
67$2,620,493$539,266$232,157$1,902,688
68$2,808,153$486,059$160,303$1,999,794
69$3,012,445$427,737$83,534$2,105,554
70$3,234,988$363,969$1,605$2,220,890
71$3,477,561$294,408$0$2,346,822
72$3,742,123$218,686$0$2,495,468
73$4,030,831$136,413$0$2,658,023
74$4,346,059$47,180$0$2,835,698
75$4,690,418$0$0$3,030,061
76$5,066,785$0$0$3,258,621
77$5,478,327$0$0$3,525,073
78$5,928,530$0$0$3,816,626
79$6,421,234$0$0$4,135,776
80$6,960,665$0$0$4,485,269
81$7,551,479$0$0$4,868,131
82$8,198,801$0$0$5,287,694
83$8,908,279$0$0$5,747,627
84$9,686,128$0$0$6,251,972
85$10,539,199$0$0$6,805,180
86$11,475,033$0$0$7,412,154
87$12,501,938$0$0$8,078,294
88$13,629,066$0$0$8,809,548
89$14,866,496$0$0$9,612,469
90$16,225,334$0$0$10,494,275
91$17,717,810$0$0$11,462,917
92$19,357,399$0$0$12,527,155
93$21,158,947$0$0$13,696,638
94$23,138,806$0$0$14,981,997
95$25,314,992$0$0$16,394,945
96$27,707,354$0$0$17,948,383
97$30,337,760$0$0$19,656,529
98$33,230,301$0$0$21,535,045
99$36,411,521$0$0$23,601,185
100$39,910,665$0$0$25,873,964