Can I retire at age 50 with 864,000?

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 $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%12.6%
1 years$71,348$70,713$70,093$69,488$68,897$68,149
2 years$35,321$34,663$34,026$33,407$32,808$32,055
3 years$23,313$22,653$22,017$21,404$20,815$20,080
4 years$17,311$16,652$16,023$15,421$14,845$14,134
5 years$13,710$13,055$12,434$11,845$11,285$10,600
6 years$11,311$10,661$10,049$9,472$8,930$8,271
7 years$9,597$8,953$8,350$7,788$7,262$6,631
8 years$8,313$7,674$7,082$6,533$6,025$5,421
9 years$7,314$6,682$6,100$5,565$5,074$4,496
10 years$6,516$5,890$5,318$4,797$4,323$3,772
11 years$5,863$5,243$4,682$4,175$3,718$3,193
12 years$5,320$4,706$4,155$3,662$3,222$2,723
13 years$4,860$4,253$3,712$3,233$2,810$2,335
14 years$4,467$3,866$3,335$2,870$2,463$2,013
15 years$4,126$3,531$3,011$2,559$2,168$1,742
16 years$3,828$3,240$2,730$2,291$1,916$1,512
17 years$3,565$2,984$2,484$2,059$1,699$1,317
18 years$3,332$2,757$2,268$1,855$1,511$1,150
19 years$3,124$2,555$2,076$1,677$1,347$1,006
20 years$2,936$2,375$1,905$1,518$1,203$882
21 years$2,767$2,212$1,753$1,378$1,076$775
22 years$2,614$2,065$1,615$1,253$965$681
23 years$2,474$1,931$1,491$1,141$866$599
24 years$2,345$1,809$1,379$1,041$779$528
25 years$2,228$1,698$1,278$951$701$466
26 years$2,119$1,596$1,185$869$631$411
27 years$2,019$1,502$1,100$795$569$363
28 years$1,926$1,415$1,023$729$513$321
29 years$1,839$1,335$952$668$464$284
30 years$1,759$1,261$887$613$419$251
31 years$1,684$1,192$827$563$379$222
32 years$1,613$1,128$771$518$343$197
33 years$1,547$1,068$720$476$310$175
34 years$1,485$1,012$673$438$281$155
35 years$1,427$960$629$403$254$137
36 years$1,372$911$588$371$230$121
37 years$1,320$865$551$342$209$108
38 years$1,271$823$516$315$189$96
39 years$1,225$782$483$291$172$85
40 years$1,181$744$453$268$156$75
41 years$1,140$708$425$247$141$67
42 years$1,100$675$398$228$128$59
43 years$1,062$643$374$211$116$53
44 years$1,027$613$351$195$106$47
45 years$992$584$329$180$96$41
46 years$960$557$309$166$87$37
47 years$929$532$291$153$79$33
48 years$899$508$273$142$72$29
49 years$871$485$257$131$65$26
50 years$844$463$241$121$59$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $864,000, adding $3,320 every year, while hoping to spend $21,689 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: 33/40/27 Blend
49$864,000$864,000$864,000$864,000
50$955,553$909,761$896,369$979,146
51$1,029,942$931,262$903,320$1,018,811
52$1,111,192$953,090$909,777$1,059,365
53$1,199,980$975,238$915,701$1,102,646
54$1,297,051$997,697$921,050$1,148,912
55$1,403,225$1,020,459$925,780$1,198,444
56$1,519,406$1,043,514$929,846$1,251,554
57$1,646,589$1,066,850$933,199$1,308,585
58$1,785,869$1,090,453$935,789$1,369,917
59$1,938,452$1,114,310$937,563$1,435,967
60$2,105,667$1,138,404$938,464$1,507,195
61$2,288,977$1,162,717$938,434$1,584,112
62$2,489,993$1,187,231$937,413$1,667,276
63$2,710,491$1,211,924$935,334$1,757,307
64$2,952,425$1,236,771$932,131$1,854,886
65$3,217,948$1,261,749$927,733$1,960,768
66$3,509,432$1,286,828$922,066$2,075,780
67$3,829,490$1,311,979$915,051$2,200,840
68$4,181,000$1,337,167$906,607$2,336,958
69$4,567,132$1,362,359$896,649$2,485,247
70$4,991,379$1,387,515$885,087$2,646,937
71$5,457,590$1,412,592$871,827$2,823,383
72$5,970,002$1,437,547$856,771$3,016,081
73$6,533,286$1,462,331$839,816$3,226,680
74$7,152,586$1,486,891$820,855$3,456,999
75$7,833,572$1,511,170$799,776$3,709,044
76$8,582,488$1,535,109$776,460$3,985,029
77$9,406,215$1,558,643$750,785$4,287,394
78$10,312,334$1,581,702$722,622$4,618,831
79$11,309,198$1,604,211$691,836$4,982,310
80$12,406,010$1,626,091$658,286$5,381,103
81$13,612,910$1,647,256$621,825$5,818,822
82$14,941,070$1,667,615$582,299$6,299,449
83$16,402,802$1,687,071$539,549$6,827,375
84$18,011,669$1,705,518$493,405$7,407,442
85$19,782,617$1,722,847$443,692$8,044,990
86$21,732,115$1,738,938$390,227$8,745,908
87$23,878,311$1,753,665$332,819$9,516,687
88$26,241,197$1,766,894$271,268$10,364,488
89$28,842,809$1,778,481$205,364$11,297,204
90$31,707,422$1,788,273$134,891$12,323,541
91$34,861,789$1,796,109$59,620$13,453,093
92$38,335,388$1,801,815$0$14,696,444
93$42,160,702$1,805,208$0$16,071,226
94$46,373,524$1,806,093$0$17,603,053
95$51,013,295$1,804,263$0$19,288,986
96$56,123,478$1,799,499$0$21,144,739
97$61,751,964$1,791,565$0$23,187,629
98$67,951,528$1,780,216$0$25,436,744
99$74,780,325$1,765,188$0$27,913,122
100$82,302,438$1,746,202$0$30,639,949