Can I retire at age 50 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$71,431$70,795$70,174$69,568$68,976$66,529
2 years$35,362$34,703$34,065$33,446$32,846$30,406
3 years$23,340$22,679$22,042$21,429$20,839$18,484
4 years$17,331$16,671$16,041$15,439$14,862$12,610
5 years$13,726$13,071$12,449$11,858$11,298$9,154
6 years$11,324$10,673$10,060$9,483$8,940$6,905
7 years$9,608$8,963$8,360$7,797$7,270$5,346
8 years$8,322$7,683$7,090$6,540$6,032$4,215
9 years$7,323$6,690$6,107$5,571$5,079$3,368
10 years$6,524$5,897$5,324$4,802$4,328$2,719
11 years$5,870$5,249$4,687$4,179$3,722$2,213
12 years$5,326$4,712$4,160$3,666$3,226$1,812
13 years$4,866$4,258$3,716$3,236$2,813$1,491
14 years$4,472$3,870$3,339$2,873$2,466$1,232
15 years$4,131$3,536$3,015$2,562$2,171$1,021
16 years$3,832$3,244$2,733$2,294$1,919$848
17 years$3,569$2,987$2,487$2,061$1,701$707
18 years$3,336$2,761$2,271$1,858$1,513$589
19 years$3,127$2,558$2,079$1,679$1,348$493
20 years$2,940$2,377$1,908$1,520$1,204$412
21 years$2,770$2,214$1,755$1,380$1,078$345
22 years$2,617$2,067$1,617$1,254$966$289
23 years$2,476$1,933$1,493$1,142$867$243
24 years$2,348$1,811$1,381$1,042$779$204
25 years$2,230$1,700$1,279$952$701$171
26 years$2,121$1,598$1,186$870$632$144
27 years$2,021$1,504$1,102$796$570$121
28 years$1,928$1,417$1,024$730$514$101
29 years$1,841$1,337$953$669$464$85
30 years$1,761$1,262$888$614$419$72
31 years$1,686$1,193$828$564$379$60
32 years$1,615$1,129$772$518$343$51
33 years$1,549$1,069$721$477$310$43
34 years$1,487$1,013$674$439$281$36
35 years$1,429$961$630$404$255$30
36 years$1,374$912$589$372$231$25
37 years$1,322$866$551$343$209$21
38 years$1,273$823$516$316$189$18
39 years$1,227$783$484$291$172$15
40 years$1,183$745$453$269$156$13
41 years$1,141$709$425$248$141$11
42 years$1,101$675$399$229$128$9
43 years$1,064$644$374$211$116$8
44 years$1,028$613$351$195$106$6
45 years$994$585$330$180$96$5
46 years$961$558$310$166$87$5
47 years$930$533$291$154$79$4
48 years$900$508$274$142$72$3
49 years$872$485$257$131$65$3
50 years$845$464$242$121$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $865,000, adding $5,162 every year, while hoping to spend $25,558 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: 67/10/23 Blend
49$865,000$865,000$865,000$865,000
50$958,555$912,710$899,302$1,016,820
51$1,029,134$930,239$902,235$1,074,100
52$1,106,055$947,770$904,410$1,133,319
53$1,189,939$965,278$905,774$1,197,486
54$1,281,468$982,731$906,272$1,267,089
55$1,381,392$1,000,100$905,847$1,342,664
56$1,490,539$1,017,350$904,438$1,424,805
57$1,609,819$1,034,444$901,982$1,514,164
58$1,740,234$1,051,345$898,411$1,611,462
59$1,882,886$1,068,010$893,656$1,717,492
60$2,038,991$1,084,393$887,645$1,833,129
61$2,209,887$1,100,447$880,299$1,959,338
62$2,397,046$1,116,119$871,540$2,097,181
63$2,602,090$1,131,355$861,282$2,247,831
64$2,826,806$1,146,094$849,438$2,412,579
65$3,073,161$1,160,273$835,915$2,592,849
66$3,343,322$1,173,825$820,616$2,790,212
67$3,639,675$1,186,677$803,441$3,006,398
68$3,964,849$1,198,751$784,284$3,243,313
69$4,321,740$1,209,966$763,034$3,503,063
70$4,713,537$1,220,234$739,574$3,787,964
71$5,143,753$1,229,460$713,785$4,100,572
72$5,616,258$1,237,546$685,539$4,443,704
73$6,135,315$1,244,385$654,704$4,820,466
74$6,705,622$1,249,864$621,141$5,234,280
75$7,332,352$1,253,864$584,706$5,688,920
76$8,021,205$1,256,257$545,246$6,188,545
77$8,778,461$1,256,906$502,605$6,737,740
78$9,611,039$1,255,669$456,617$7,341,560
79$10,526,560$1,252,393$407,110$8,005,574
80$11,533,424$1,246,915$353,902$8,735,925
81$12,640,882$1,239,062$296,807$9,539,380
82$13,859,129$1,228,653$235,627$10,423,401
83$15,199,396$1,215,493$170,156$11,396,213
84$16,674,060$1,199,378$100,182$12,466,879
85$18,296,756$1,180,089$25,480$13,645,393
86$20,082,507$1,157,396$0$14,942,767
87$22,047,870$1,131,055$0$16,384,452
88$24,211,083$1,100,807$0$17,978,056
89$26,592,245$1,066,379$0$19,732,129
90$29,213,502$1,027,479$0$21,662,991
91$32,099,256$983,803$0$23,788,627
92$35,276,396$935,024$0$26,128,855
93$38,774,548$880,801$0$28,705,514
94$42,626,361$820,769$0$31,542,670
95$46,867,808$754,545$0$34,666,843
96$51,538,530$681,723$0$38,107,260
97$56,682,207$601,874$0$41,896,124
98$62,346,972$514,546$0$46,068,926
99$68,585,862$419,258$0$50,664,776
100$75,457,324$315,505$0$55,726,773