Can I retire at age 50 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$71,348$70,713$70,093$69,488$68,897$68,549
2 years$35,321$34,663$34,026$33,407$32,808$32,457
3 years$23,313$22,653$22,017$21,404$20,815$20,471
4 years$17,311$16,652$16,023$15,421$14,845$14,512
5 years$13,710$13,055$12,434$11,845$11,285$10,963
6 years$11,311$10,661$10,049$9,472$8,930$8,619
7 years$9,597$8,953$8,350$7,788$7,262$6,964
8 years$8,313$7,674$7,082$6,533$6,025$5,738
9 years$7,314$6,682$6,100$5,565$5,074$4,799
10 years$6,516$5,890$5,318$4,797$4,323$4,060
11 years$5,863$5,243$4,682$4,175$3,718$3,466
12 years$5,320$4,706$4,155$3,662$3,222$2,982
13 years$4,860$4,253$3,712$3,233$2,810$2,580
14 years$4,467$3,866$3,335$2,870$2,463$2,245
15 years$4,126$3,531$3,011$2,559$2,168$1,961
16 years$3,828$3,240$2,730$2,291$1,916$1,719
17 years$3,565$2,984$2,484$2,059$1,699$1,512
18 years$3,332$2,757$2,268$1,855$1,511$1,333
19 years$3,124$2,555$2,076$1,677$1,347$1,178
20 years$2,936$2,375$1,905$1,518$1,203$1,043
21 years$2,767$2,212$1,753$1,378$1,076$926
22 years$2,614$2,065$1,615$1,253$965$822
23 years$2,474$1,931$1,491$1,141$866$732
24 years$2,345$1,809$1,379$1,041$779$652
25 years$2,228$1,698$1,278$951$701$581
26 years$2,119$1,596$1,185$869$631$519
27 years$2,019$1,502$1,100$795$569$463
28 years$1,926$1,415$1,023$729$513$414
29 years$1,839$1,335$952$668$464$370
30 years$1,759$1,261$887$613$419$331
31 years$1,684$1,192$827$563$379$297
32 years$1,613$1,128$771$518$343$266
33 years$1,547$1,068$720$476$310$238
34 years$1,485$1,012$673$438$281$214
35 years$1,427$960$629$403$254$192
36 years$1,372$911$588$371$230$172
37 years$1,320$865$551$342$209$154
38 years$1,271$823$516$315$189$138
39 years$1,225$782$483$291$172$124
40 years$1,181$744$453$268$156$112
41 years$1,140$708$425$247$141$100
42 years$1,100$675$398$228$128$90
43 years$1,062$643$374$211$116$81
44 years$1,027$613$351$195$106$73
45 years$992$584$329$180$96$65
46 years$960$557$309$166$87$59
47 years$929$532$291$153$79$53
48 years$899$508$273$142$72$47
49 years$871$485$257$131$65$43
50 years$844$463$241$121$59$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $864,000, adding $3,474 every year, while hoping to spend $42,077 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: 49/39/12 Blend
49$864,000$864,000$864,000$864,000
50$955,711$909,919$896,527$999,248
51$1,008,424$909,736$881,791$1,029,344
52$1,065,104$908,133$865,152$1,057,333
53$1,126,110$904,997$846,500$1,086,786
54$1,191,838$900,207$825,722$1,117,851
55$1,262,723$893,634$802,701$1,150,696
56$1,339,241$885,143$777,313$1,185,509
57$1,421,918$874,589$749,427$1,222,497
58$1,511,329$861,819$718,908$1,261,892
59$1,608,107$846,672$685,614$1,303,952
60$1,712,950$828,974$649,398$1,348,966
61$1,826,622$808,545$610,104$1,397,252
62$1,949,966$785,192$567,571$1,449,167
63$2,083,908$758,712$521,630$1,505,106
64$2,229,465$728,887$472,103$1,565,510
65$2,387,759$695,491$418,806$1,630,867
66$2,560,021$658,281$361,548$1,701,721
67$2,747,609$617,002$300,125$1,778,673
68$2,952,014$571,385$234,328$1,862,395
69$3,174,879$521,142$163,938$1,953,628
70$3,418,012$465,974$88,725$2,053,197
71$3,683,403$405,560$8,451$2,162,017
72$3,973,241$339,563$0$2,281,101
73$4,289,937$267,627$0$2,421,460
74$4,636,147$189,377$0$2,576,251
75$5,014,792$104,414$0$2,745,806
76$5,429,090$12,320$0$2,931,691
77$5,882,584$0$0$3,135,638
78$6,379,176$0$0$3,397,047
79$6,923,163$0$0$3,689,290
80$7,519,275$0$0$4,009,633
81$8,172,724$0$0$4,360,888
82$8,889,250$0$0$4,746,152
83$9,675,172$0$0$5,168,838
84$10,537,454$0$0$5,632,703
85$11,483,764$0$0$6,141,886
86$12,522,550$0$0$6,700,947
87$13,663,117$0$0$7,314,910
88$14,915,714$0$0$7,989,306
89$16,291,633$0$0$8,730,231
90$17,803,313$0$0$9,544,400
91$19,464,458$0$0$10,439,210
92$21,290,163$0$0$11,422,811
93$23,297,061$0$0$12,504,182
94$25,503,474$0$0$13,693,214
95$27,929,590$0$0$15,000,807
96$30,597,649$0$0$16,438,966
97$33,532,157$0$0$18,020,922
98$36,760,112$0$0$19,761,251
99$40,311,259$0$0$21,676,013
100$44,218,375$0$0$23,782,903