Can I retire at age 50 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$71,018$70,385$69,768$69,166$68,578$67,890
2 years$35,157$34,503$33,868$33,253$32,656$31,963
3 years$23,205$22,548$21,915$21,305$20,718$20,042
4 years$17,231$16,575$15,948$15,349$14,776$14,122
5 years$13,647$12,995$12,377$11,790$11,233$10,602
6 years$11,258$10,611$10,002$9,428$8,888$8,282
7 years$9,553$8,911$8,312$7,752$7,228$6,647
8 years$8,274$7,639$7,049$6,503$5,997$5,440
9 years$7,280$6,651$6,071$5,539$5,050$4,517
10 years$6,486$5,862$5,293$4,774$4,303$3,794
11 years$5,836$5,219$4,660$4,155$3,701$3,216
12 years$5,295$4,684$4,136$3,645$3,207$2,745
13 years$4,838$4,233$3,695$3,218$2,796$2,358
14 years$4,446$3,848$3,320$2,856$2,451$2,035
15 years$4,107$3,515$2,997$2,547$2,158$1,763
16 years$3,810$3,225$2,718$2,281$1,908$1,533
17 years$3,549$2,970$2,473$2,049$1,691$1,337
18 years$3,317$2,745$2,257$1,847$1,504$1,169
19 years$3,109$2,544$2,067$1,669$1,340$1,025
20 years$2,923$2,364$1,897$1,511$1,197$899
21 years$2,754$2,202$1,745$1,372$1,071$791
22 years$2,601$2,055$1,608$1,247$960$696
23 years$2,462$1,922$1,485$1,136$862$614
24 years$2,334$1,801$1,373$1,036$775$542
25 years$2,217$1,690$1,272$946$697$479
26 years$2,109$1,588$1,179$865$628$423
27 years$2,009$1,495$1,095$792$566$374
28 years$1,917$1,409$1,018$725$511$332
29 years$1,831$1,329$947$665$461$294
30 years$1,751$1,255$882$611$417$260
31 years$1,676$1,186$823$561$377$231
32 years$1,606$1,123$768$515$341$205
33 years$1,540$1,063$717$474$309$182
34 years$1,479$1,008$670$436$279$161
35 years$1,421$956$626$401$253$143
36 years$1,366$907$586$370$229$127
37 years$1,314$861$548$341$208$113
38 years$1,266$819$513$314$188$100
39 years$1,219$779$481$289$171$89
40 years$1,176$741$451$267$155$79
41 years$1,134$705$423$246$141$70
42 years$1,095$671$397$227$128$63
43 years$1,057$640$372$210$116$56
44 years$1,022$610$349$194$105$49
45 years$988$582$328$179$95$44
46 years$955$555$308$165$87$39
47 years$925$529$289$153$79$35
48 years$895$505$272$141$71$31
49 years$867$483$256$130$65$27
50 years$840$461$240$121$59$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $860,000, adding $5,665 every year, while hoping to spend $41,266 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: 63/26/11 Blend
49$860,000$860,000$860,000$860,000
50$953,563$907,983$894,653$1,010,902
51$1,006,920$908,568$880,718$1,050,534
52$1,064,336$907,798$864,932$1,088,503
53$1,126,182$905,564$847,191$1,128,929
54$1,192,865$901,748$827,384$1,172,050
55$1,264,831$896,228$805,395$1,218,131
56$1,342,572$888,872$781,104$1,267,462
57$1,426,628$879,540$754,385$1,320,366
58$1,517,592$868,085$725,104$1,377,199
59$1,616,115$854,350$693,124$1,438,357
60$1,722,915$838,169$658,300$1,504,275
61$1,838,780$819,368$620,481$1,575,436
62$1,964,578$797,759$579,509$1,652,373
63$2,101,262$773,146$535,220$1,735,676
64$2,249,881$745,320$487,440$1,825,997
65$2,411,589$714,061$435,989$1,924,057
66$2,587,656$679,135$380,680$2,030,652
67$2,779,480$640,296$321,315$2,146,663
68$2,988,598$597,281$257,691$2,273,064
69$3,216,703$549,816$189,591$2,410,930
70$3,465,657$497,608$116,793$2,561,449
71$3,737,512$440,348$39,064$2,725,934
72$4,034,524$377,711$0$2,905,836
73$4,359,179$309,352$0$3,107,909
74$4,714,212$234,907$0$3,334,000
75$5,102,636$153,992$0$3,581,506
76$5,527,768$66,201$0$3,852,617
77$5,993,260$0$0$4,149,754
78$6,503,134$0$0$4,483,852
79$7,061,821$0$0$4,870,749
80$7,674,197$0$0$5,294,890
81$8,345,637$0$0$5,760,004
82$9,082,056$0$0$6,270,198
83$9,889,973$0$0$6,829,996
84$10,776,565$0$0$7,444,382
85$11,749,742$0$0$8,118,842
86$12,818,212$0$0$8,859,425
87$13,991,572$0$0$9,672,789
88$15,280,390$0$0$10,566,273
89$16,696,310$0$0$11,547,957
90$18,252,160$0$0$12,626,747
91$19,962,070$0$0$13,812,452
92$21,841,609$0$0$15,115,879
93$23,907,929$0$0$16,548,934
94$26,179,925$0$0$18,124,735
95$28,678,416$0$0$19,857,733
96$31,426,340$0$0$21,763,851
97$34,448,968$0$0$23,860,634
98$37,774,145$0$0$26,167,409
99$41,432,547$0$0$28,705,475
100$45,457,978$0$0$31,498,297