Can I retire at age 50 with 862,000?

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 $862,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$71,183$70,549$69,930$69,327$68,737$66,644
2 years$35,239$34,583$33,947$33,330$32,732$30,641
3 years$23,259$22,600$21,966$21,355$20,766$18,743
4 years$17,271$16,614$15,986$15,385$14,811$12,871
5 years$13,678$13,025$12,405$11,817$11,259$9,408
6 years$11,284$10,636$10,025$9,450$8,909$7,148
7 years$9,575$8,932$8,331$7,770$7,245$5,574
8 years$8,294$7,657$7,065$6,518$6,011$4,429
9 years$7,297$6,666$6,086$5,552$5,062$3,567
10 years$6,501$5,876$5,305$4,786$4,313$2,904
11 years$5,850$5,231$4,671$4,165$3,709$2,383
12 years$5,307$4,695$4,145$3,653$3,214$1,968
13 years$4,849$4,243$3,704$3,225$2,803$1,634
14 years$4,456$3,857$3,328$2,863$2,457$1,362
15 years$4,116$3,523$3,004$2,553$2,163$1,139
16 years$3,819$3,233$2,724$2,286$1,912$956
17 years$3,557$2,977$2,479$2,054$1,695$804
18 years$3,324$2,751$2,263$1,851$1,507$677
19 years$3,117$2,550$2,071$1,673$1,344$571
20 years$2,930$2,369$1,901$1,515$1,200$483
21 years$2,761$2,207$1,749$1,375$1,074$408
22 years$2,608$2,060$1,612$1,250$963$346
23 years$2,468$1,927$1,488$1,138$864$293
24 years$2,340$1,805$1,376$1,038$777$248
25 years$2,222$1,694$1,275$948$699$211
26 years$2,114$1,592$1,182$867$630$179
27 years$2,014$1,498$1,098$794$568$152
28 years$1,921$1,412$1,020$727$512$129
29 years$1,835$1,332$950$667$462$110
30 years$1,755$1,258$885$612$418$93
31 years$1,680$1,189$825$562$378$79
32 years$1,609$1,125$769$517$342$67
33 years$1,544$1,066$718$475$309$57
34 years$1,482$1,010$671$437$280$49
35 years$1,424$958$628$402$254$41
36 years$1,369$909$587$371$230$35
37 years$1,317$863$549$341$208$30
38 years$1,269$821$515$315$189$25
39 years$1,222$780$482$290$171$22
40 years$1,178$742$452$268$155$18
41 years$1,137$707$424$247$141$16
42 years$1,097$673$397$228$128$13
43 years$1,060$641$373$210$116$11
44 years$1,024$611$350$194$105$10
45 years$990$583$329$179$96$8
46 years$958$556$309$166$87$7
47 years$927$531$290$153$79$6
48 years$897$507$273$141$72$5
49 years$869$484$256$131$65$4
50 years$842$462$241$121$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $862,000, adding $5,902 every year, while hoping to spend $26,285 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: 64/9/27 Blend
49$862,000$862,000$862,000$862,000
50$956,012$910,326$896,965$1,010,014
51$1,025,558$926,965$899,046$1,063,897
52$1,101,317$943,538$900,316$1,119,316
53$1,183,895$960,015$900,720$1,179,297
54$1,273,958$976,361$900,200$1,244,288
55$1,372,241$992,542$898,696$1,314,789
56$1,479,551$1,008,519$896,144$1,391,348
57$1,596,778$1,024,249$892,478$1,474,569
58$1,724,901$1,039,689$887,628$1,565,120
59$1,864,999$1,054,791$881,521$1,663,735
60$2,018,257$1,069,504$874,080$1,771,227
61$2,185,983$1,083,774$865,225$1,888,489
62$2,369,615$1,097,541$854,873$2,016,506
63$2,570,739$1,110,744$842,934$2,156,368
64$2,791,100$1,123,315$829,318$2,309,272
65$3,032,619$1,135,184$813,926$2,476,540
66$3,297,413$1,146,275$796,660$2,659,629
67$3,587,813$1,156,507$777,412$2,860,148
68$3,906,386$1,165,792$756,072$3,079,867
69$4,255,962$1,174,040$732,525$3,320,742
70$4,639,655$1,181,153$706,649$3,584,925
71$5,060,897$1,187,026$678,318$3,874,792
72$5,523,467$1,191,549$647,401$4,192,962
73$6,031,529$1,194,604$613,757$4,542,322
74$6,589,671$1,196,066$577,244$4,926,055
75$7,202,946$1,195,801$537,710$5,347,670
76$7,876,920$1,193,669$494,997$5,811,036
77$8,617,726$1,189,519$448,940$6,320,419
78$9,432,122$1,183,193$399,367$6,880,521
79$10,327,551$1,174,522$346,098$7,496,526
80$11,312,214$1,163,327$288,946$8,174,149
81$12,395,147$1,149,417$227,713$8,919,691
82$13,586,306$1,132,592$162,195$9,740,096
83$14,896,658$1,112,639$92,178$10,643,022
84$16,338,290$1,089,331$17,439$11,636,907
85$17,924,517$1,062,429$0$12,731,056
86$19,670,010$1,031,681$0$13,953,679
87$21,590,936$996,817$0$15,304,655
88$23,705,105$957,555$0$16,791,490
89$26,032,143$913,593$0$18,427,998
90$28,593,677$864,615$0$20,229,399
91$31,413,535$810,283$0$22,212,467
92$34,517,972$750,243$0$24,395,686
93$37,935,919$684,120$0$26,799,424
94$41,699,257$611,515$0$29,446,127
95$45,843,111$532,010$0$32,360,529
96$50,406,191$445,161$0$35,569,888
97$55,431,148$350,499$0$39,104,240
98$60,964,982$247,530$0$42,996,686
99$67,059,482$135,731$0$47,283,702
100$73,771,717$14,550$0$52,005,484