Can I retire at age 50 with 861,000?

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 $861,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$71,101$70,467$69,849$69,246$68,657$67,189
2 years$35,198$34,543$33,907$33,291$32,694$31,222
3 years$23,232$22,574$21,940$21,330$20,742$19,312
4 years$17,251$16,594$15,967$15,367$14,794$13,416
5 years$13,663$13,010$12,391$11,803$11,246$9,926
6 years$11,271$10,624$10,014$9,439$8,898$7,637
7 years$9,564$8,922$8,322$7,761$7,237$6,034
8 years$8,284$7,648$7,057$6,510$6,004$4,859
9 years$7,289$6,659$6,078$5,545$5,056$3,969
10 years$6,493$5,869$5,299$4,780$4,308$3,277
11 years$5,843$5,225$4,665$4,160$3,705$2,729
12 years$5,301$4,690$4,140$3,649$3,211$2,288
13 years$4,843$4,238$3,699$3,221$2,800$1,929
14 years$4,451$3,852$3,324$2,860$2,454$1,634
15 years$4,111$3,519$3,001$2,550$2,161$1,389
16 years$3,815$3,229$2,721$2,284$1,910$1,185
17 years$3,553$2,974$2,476$2,052$1,693$1,013
18 years$3,321$2,748$2,260$1,849$1,506$868
19 years$3,113$2,547$2,069$1,671$1,342$745
20 years$2,926$2,366$1,899$1,513$1,199$640
21 years$2,758$2,204$1,747$1,373$1,073$551
22 years$2,605$2,058$1,610$1,249$962$475
23 years$2,465$1,924$1,486$1,137$863$410
24 years$2,337$1,803$1,375$1,037$776$354
25 years$2,220$1,692$1,273$947$698$306
26 years$2,112$1,590$1,181$866$629$265
27 years$2,012$1,497$1,096$793$567$229
28 years$1,919$1,410$1,019$726$512$198
29 years$1,833$1,330$949$666$462$171
30 years$1,753$1,256$884$611$417$149
31 years$1,678$1,188$824$561$377$129
32 years$1,608$1,124$769$516$341$112
33 years$1,542$1,064$718$474$309$97
34 years$1,480$1,009$670$437$280$84
35 years$1,422$957$627$402$253$73
36 years$1,367$908$586$370$230$63
37 years$1,316$862$549$341$208$55
38 years$1,267$820$514$314$189$47
39 years$1,221$779$482$290$171$41
40 years$1,177$742$451$267$155$36
41 years$1,136$706$423$247$141$31
42 years$1,096$672$397$228$128$27
43 years$1,059$641$373$210$116$23
44 years$1,023$611$350$194$105$20
45 years$989$582$328$179$96$18
46 years$957$555$308$165$87$15
47 years$926$530$290$153$79$13
48 years$896$506$272$141$72$11
49 years$868$483$256$131$65$10
50 years$841$462$241$121$59$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $861,000, adding $3,865 every year, while hoping to spend $49,953 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: 84/8/8 Blend
49$861,000$861,000$861,000$861,000
50$952,809$907,176$893,830$1,031,660
51$996,846$898,478$870,624$1,075,048
52$1,043,700$887,679$844,966$1,115,547
53$1,093,607$874,625$816,722$1,158,473
54$1,146,822$859,149$785,750$1,204,039
55$1,203,629$841,078$751,903$1,252,478
56$1,264,334$820,226$715,027$1,304,048
57$1,329,276$796,397$674,960$1,359,031
58$1,398,826$769,384$631,535$1,417,741
59$1,473,389$738,967$584,574$1,480,519
60$1,553,412$704,914$533,895$1,547,745
61$1,639,385$666,979$479,305$1,619,836
62$1,731,843$624,902$420,603$1,697,249
63$1,831,378$578,409$357,579$1,780,491
64$1,938,636$527,208$290,016$1,870,118
65$2,054,328$470,993$217,683$1,966,746
66$2,179,237$409,439$140,343$2,071,050
67$2,314,221$342,203$57,745$2,183,776
68$2,460,222$268,923$0$2,305,745
69$2,618,280$189,215$0$2,440,460
70$2,789,533$102,675$0$2,591,752
71$2,975,237$8,877$0$2,755,811
72$3,176,769$0$0$2,933,876
73$3,395,646$0$0$3,135,466
74$3,633,536$0$0$3,355,431
75$3,892,274$0$0$3,594,685
76$4,173,880$0$0$3,855,100
77$4,480,574$0$0$4,138,730
78$4,814,800$0$0$4,447,838
79$5,179,250$0$0$4,784,915
80$5,576,884$0$0$5,152,700
81$6,010,961$0$0$5,554,211
82$6,485,069$0$0$5,992,768
83$7,003,158$0$0$6,472,026
84$7,569,574$0$0$6,996,011
85$8,189,106$0$0$7,569,153
86$8,867,024$0$0$8,196,331
87$9,609,133$0$0$8,882,918
88$10,421,824$0$0$9,634,830
89$11,312,134$0$0$10,458,580
90$12,287,816$0$0$11,361,345
91$13,357,406$0$0$12,351,026
92$14,530,305$0$0$13,436,325
93$15,816,868$0$0$14,626,827
94$17,228,502$0$0$15,933,091
95$18,777,770$0$0$17,366,744
96$20,478,509$0$0$18,940,598
97$22,345,965$0$0$20,668,762
98$24,396,928$0$0$22,566,779
99$26,649,897$0$0$24,651,773
100$29,125,250$0$0$26,942,606