Can I retire at age 50 with 863,000?

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 $863,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$71,266$70,631$70,012$69,407$68,817$67,621
2 years$35,280$34,623$33,986$33,369$32,770$31,569
3 years$23,286$22,627$21,991$21,380$20,791$19,622
4 years$17,291$16,633$16,004$15,403$14,828$13,701
5 years$13,694$13,040$12,420$11,831$11,272$10,189
6 years$11,297$10,648$10,037$9,461$8,919$7,882
7 years$9,586$8,943$8,341$7,779$7,254$6,263
8 years$8,303$7,665$7,074$6,525$6,018$5,073
9 years$7,306$6,674$6,093$5,558$5,068$4,168
10 years$6,508$5,883$5,312$4,791$4,318$3,463
11 years$5,856$5,237$4,676$4,170$3,714$2,902
12 years$5,314$4,701$4,150$3,657$3,218$2,449
13 years$4,855$4,248$3,708$3,229$2,806$2,079
14 years$4,461$3,861$3,331$2,866$2,460$1,773
15 years$4,121$3,527$3,008$2,556$2,166$1,517
16 years$3,823$3,236$2,727$2,289$1,914$1,303
17 years$3,561$2,981$2,482$2,056$1,697$1,122
18 years$3,328$2,754$2,265$1,853$1,509$969
19 years$3,120$2,553$2,074$1,675$1,345$838
20 years$2,933$2,372$1,903$1,517$1,202$726
21 years$2,764$2,209$1,751$1,376$1,075$629
22 years$2,611$2,062$1,613$1,252$964$547
23 years$2,471$1,929$1,490$1,140$865$475
24 years$2,343$1,807$1,378$1,040$778$414
25 years$2,225$1,696$1,276$949$700$360
26 years$2,117$1,594$1,184$868$630$314
27 years$2,016$1,500$1,099$795$568$274
28 years$1,923$1,414$1,022$728$513$239
29 years$1,837$1,334$951$668$463$209
30 years$1,757$1,259$886$613$418$182
31 years$1,682$1,191$826$563$378$159
32 years$1,611$1,126$770$517$342$139
33 years$1,546$1,067$719$476$310$122
34 years$1,484$1,011$672$438$280$106
35 years$1,425$959$628$403$254$93
36 years$1,371$910$588$371$230$81
37 years$1,319$864$550$342$209$71
38 years$1,270$822$515$315$189$62
39 years$1,224$781$483$290$171$54
40 years$1,180$743$452$268$155$48
41 years$1,138$708$424$247$141$42
42 years$1,099$674$398$228$128$36
43 years$1,061$642$373$211$116$32
44 years$1,025$612$350$194$105$28
45 years$991$584$329$180$96$24
46 years$959$557$309$166$87$21
47 years$928$531$290$153$79$19
48 years$898$507$273$142$72$16
49 years$870$484$256$131$65$14
50 years$843$463$241$121$59$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $863,000, adding $2,338 every year, while hoping to spend $50,008 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: 52/20/28 Blend
49$863,000$863,000$863,000$863,000
50$953,438$907,699$894,322$995,418
51$997,480$898,968$871,074$1,016,113
52$1,044,339$888,133$845,371$1,033,375
53$1,094,249$875,038$817,077$1,051,166
54$1,147,466$859,519$786,053$1,069,556
55$1,204,271$841,400$752,150$1,088,629
56$1,264,974$820,495$715,214$1,108,476
57$1,329,910$796,609$675,083$1,129,205
58$1,399,452$769,533$631,589$1,150,934
59$1,474,004$739,049$584,556$1,173,799
60$1,554,013$704,922$533,798$1,197,955
61$1,639,967$666,908$479,125$1,223,573
62$1,732,402$624,745$420,335$1,250,849
63$1,831,909$578,160$357,218$1,280,002
64$1,939,134$526,859$289,554$1,311,278
65$2,054,787$470,537$217,116$1,344,954
66$2,179,649$408,867$139,663$1,381,341
67$2,314,578$341,507$56,947$1,420,785
68$2,460,517$268,093$0$1,463,676
69$2,618,503$188,242$0$1,519,807
70$2,789,674$101,549$0$1,599,070
71$2,975,282$7,587$0$1,685,062
72$3,176,707$0$0$1,778,477
73$3,395,462$0$0$1,900,790
74$3,633,214$0$0$2,035,615
75$3,891,796$0$0$2,182,333
76$4,173,225$0$0$2,342,097
77$4,479,721$0$0$2,516,177
78$4,813,726$0$0$2,705,973
79$5,177,927$0$0$2,913,021
80$5,575,282$0$0$3,139,016
81$6,009,047$0$0$3,385,822
82$6,482,807$0$0$3,655,491
83$7,000,507$0$0$3,950,282
84$7,566,490$0$0$4,272,682
85$8,185,539$0$0$4,625,431
86$8,862,921$0$0$5,011,543
87$9,604,432$0$0$5,434,340
88$10,416,459$0$0$5,897,478
89$11,306,032$0$0$6,404,985
90$12,280,895$0$0$6,961,295
91$13,349,577$0$0$7,571,294
92$14,521,468$0$0$8,240,360
93$15,806,915$0$0$8,974,420
94$17,217,312$0$0$9,780,002
95$18,765,209$0$0$10,664,293
96$20,464,431$0$0$11,635,214
97$22,330,207$0$0$12,701,489
98$24,379,311$0$0$13,872,727
99$26,630,224$0$0$15,159,516
100$29,103,303$0$0$16,573,519