Can I retire at age 50 with 866,000?

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 $866,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$71,513$70,876$70,255$69,648$69,056$67,689
2 years$35,403$34,743$34,104$33,485$32,884$31,513
3 years$23,367$22,705$22,068$21,454$20,863$19,530
4 years$17,351$16,691$16,060$15,456$14,880$13,595
5 years$13,742$13,086$12,463$11,872$11,311$10,079
6 years$11,337$10,685$10,072$9,494$8,950$7,772
7 years$9,619$8,974$8,370$7,806$7,279$6,154
8 years$8,332$7,692$7,098$6,548$6,039$4,967
9 years$7,331$6,697$6,114$5,577$5,085$4,067
10 years$6,531$5,903$5,330$4,808$4,333$3,367
11 years$5,877$5,255$4,693$4,184$3,726$2,811
12 years$5,332$4,717$4,165$3,670$3,229$2,363
13 years$4,871$4,263$3,721$3,240$2,816$1,998
14 years$4,477$3,875$3,343$2,876$2,468$1,696
15 years$4,135$3,540$3,018$2,565$2,173$1,446
16 years$3,837$3,248$2,737$2,297$1,921$1,237
17 years$3,574$2,991$2,490$2,064$1,703$1,060
18 years$3,340$2,764$2,273$1,860$1,514$911
19 years$3,131$2,561$2,081$1,680$1,350$785
20 years$2,943$2,380$1,910$1,522$1,206$677
21 years$2,774$2,217$1,757$1,381$1,079$584
22 years$2,620$2,070$1,619$1,256$967$505
23 years$2,479$1,936$1,495$1,144$868$437
24 years$2,351$1,814$1,383$1,043$780$379
25 years$2,233$1,702$1,281$953$702$328
26 years$2,124$1,599$1,188$871$632$285
27 years$2,023$1,505$1,103$797$570$247
28 years$1,930$1,418$1,025$731$515$215
29 years$1,843$1,338$954$670$465$186
30 years$1,763$1,264$889$615$420$162
31 years$1,687$1,195$828$565$380$141
32 years$1,617$1,130$773$519$343$122
33 years$1,551$1,070$722$477$311$106
34 years$1,489$1,015$674$439$281$93
35 years$1,430$962$630$404$255$81
36 years$1,375$913$590$372$231$70
37 years$1,323$867$552$343$209$61
38 years$1,274$824$517$316$190$53
39 years$1,228$784$484$291$172$46
40 years$1,184$746$454$269$156$40
41 years$1,142$710$426$248$142$35
42 years$1,103$676$399$229$128$31
43 years$1,065$644$375$211$117$27
44 years$1,029$614$352$195$106$23
45 years$995$586$330$180$96$20
46 years$962$559$310$166$87$18
47 years$931$533$291$154$79$15
48 years$901$509$274$142$72$13
49 years$873$486$257$131$65$12
50 years$846$464$242$121$59$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $866,000, adding $5,463 every year, while hoping to spend $29,187 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: 41/50/9 Blend
49$866,000$866,000$866,000$866,000
50$959,967$914,069$900,646$996,544
51$1,026,829$927,804$899,763$1,036,420
52$1,099,533$941,233$897,872$1,076,204
53$1,178,643$954,312$894,909$1,118,602
54$1,264,782$966,990$890,805$1,163,861
55$1,358,633$979,216$885,491$1,212,258
56$1,460,950$990,934$878,891$1,264,095
57$1,572,560$1,002,083$870,928$1,319,710
58$1,694,377$1,012,601$861,519$1,379,472
59$1,827,404$1,022,419$850,580$1,443,792
60$1,972,745$1,031,463$838,021$1,513,123
61$2,131,618$1,039,658$823,748$1,587,966
62$2,305,363$1,046,921$807,663$1,668,872
63$2,495,453$1,053,164$789,663$1,756,454
64$2,703,513$1,058,293$769,641$1,851,386
65$2,931,332$1,062,209$747,484$1,954,414
66$3,180,878$1,064,807$723,075$2,066,361
67$3,454,320$1,065,975$696,290$2,188,137
68$3,754,046$1,065,593$667,001$2,320,746
69$4,082,687$1,063,536$635,074$2,465,298
70$4,443,139$1,059,668$600,368$2,623,020
71$4,838,595$1,053,847$562,735$2,795,263
72$5,272,568$1,045,921$522,023$2,983,523
73$5,748,930$1,035,732$478,071$3,189,450
74$6,271,945$1,023,107$430,711$3,414,867
75$6,846,312$1,007,868$379,768$3,661,784
76$7,477,205$989,822$325,059$3,932,423
77$8,170,325$968,769$266,394$4,229,237
78$8,931,952$944,492$203,572$4,554,931
79$9,769,005$916,767$136,386$4,912,493
80$10,689,107$885,351$64,618$5,305,222
81$11,700,654$849,992$0$5,736,757
82$12,812,899$810,419$0$6,212,265
83$14,036,034$766,349$0$6,741,727
84$15,381,289$717,481$0$7,323,846
85$16,861,039$663,495$0$7,964,047
86$18,488,915$604,057$0$8,668,312
87$20,279,938$538,809$0$9,443,241
88$22,250,658$467,377$0$10,296,115
89$24,419,309$389,363$0$11,234,963
90$26,805,984$304,347$0$12,268,645
91$29,432,821$211,886$0$13,406,929
92$32,324,213$111,513$0$14,660,592
93$35,507,038$2,732$0$16,041,518
94$39,010,913$0$0$17,562,815
95$42,868,471$0$0$19,302,198
96$47,115,670$0$0$21,219,069
97$51,792,135$0$0$23,329,824
98$56,941,524$0$0$25,654,188
99$62,611,950$0$0$28,213,896
100$68,856,423$0$0$31,032,898