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%11.2%
1 years$71,513$70,876$70,255$69,648$69,056$68,707
2 years$35,403$34,743$34,104$33,485$32,884$32,532
3 years$23,367$22,705$22,068$21,454$20,863$20,519
4 years$17,351$16,691$16,060$15,456$14,880$14,546
5 years$13,742$13,086$12,463$11,872$11,311$10,989
6 years$11,337$10,685$10,072$9,494$8,950$8,639
7 years$9,619$8,974$8,370$7,806$7,279$6,980
8 years$8,332$7,692$7,098$6,548$6,039$5,751
9 years$7,331$6,697$6,114$5,577$5,085$4,810
10 years$6,531$5,903$5,330$4,808$4,333$4,069
11 years$5,877$5,255$4,693$4,184$3,726$3,474
12 years$5,332$4,717$4,165$3,670$3,229$2,989
13 years$4,871$4,263$3,721$3,240$2,816$2,586
14 years$4,477$3,875$3,343$2,876$2,468$2,250
15 years$4,135$3,540$3,018$2,565$2,173$1,965
16 years$3,837$3,248$2,737$2,297$1,921$1,723
17 years$3,574$2,991$2,490$2,064$1,703$1,515
18 years$3,340$2,764$2,273$1,860$1,514$1,336
19 years$3,131$2,561$2,081$1,680$1,350$1,181
20 years$2,943$2,380$1,910$1,522$1,206$1,046
21 years$2,774$2,217$1,757$1,381$1,079$928
22 years$2,620$2,070$1,619$1,256$967$824
23 years$2,479$1,936$1,495$1,144$868$733
24 years$2,351$1,814$1,383$1,043$780$653
25 years$2,233$1,702$1,281$953$702$582
26 years$2,124$1,599$1,188$871$632$520
27 years$2,023$1,505$1,103$797$570$464
28 years$1,930$1,418$1,025$731$515$415
29 years$1,843$1,338$954$670$465$371
30 years$1,763$1,264$889$615$420$332
31 years$1,687$1,195$828$565$380$297
32 years$1,617$1,130$773$519$343$266
33 years$1,551$1,070$722$477$311$239
34 years$1,489$1,015$674$439$281$214
35 years$1,430$962$630$404$255$192
36 years$1,375$913$590$372$231$172
37 years$1,323$867$552$343$209$155
38 years$1,274$824$517$316$190$139
39 years$1,228$784$484$291$172$124
40 years$1,184$746$454$269$156$112
41 years$1,142$710$426$248$142$100
42 years$1,103$676$399$229$128$90
43 years$1,065$644$375$211$117$81
44 years$1,029$614$352$195$106$73
45 years$995$586$330$180$96$65
46 years$962$559$310$166$87$59
47 years$931$533$291$154$79$53
48 years$901$509$274$142$72$47
49 years$873$486$257$131$65$43
50 years$846$464$242$121$59$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $866,000, adding $5,188 every year, while hoping to spend $36,508 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: 60/10/30 Blend
49$866,000$866,000$866,000$866,000
50$959,683$913,785$900,362$1,009,149
51$1,018,727$919,717$891,680$1,049,484
52$1,082,569$924,715$881,484$1,089,153
53$1,151,661$928,696$869,684$1,131,691
54$1,226,499$931,570$856,186$1,177,390
55$1,307,627$933,242$840,894$1,226,568
56$1,395,645$933,611$823,704$1,279,580
57$1,491,212$932,570$804,509$1,336,817
58$1,595,053$930,003$783,197$1,398,712
59$1,707,966$925,790$759,651$1,465,743
60$1,830,827$919,803$733,749$1,538,439
61$1,964,603$911,904$705,361$1,617,385
62$2,110,355$901,951$674,353$1,703,225
63$2,269,253$889,788$640,586$1,796,674
64$2,442,583$875,254$603,912$1,898,520
65$2,631,762$858,177$564,178$2,009,634
66$2,838,348$838,374$521,224$2,130,977
67$3,064,058$815,652$474,883$2,263,613
68$3,310,780$789,807$424,980$2,408,715
69$3,580,595$760,623$371,332$2,567,579
70$3,875,792$727,870$313,749$2,741,637
71$4,198,894$691,307$252,030$2,932,469
72$4,552,677$650,677$185,969$3,141,819
73$4,940,199$605,709$115,348$3,371,614
74$5,364,827$556,117$39,941$3,623,981
75$5,830,271$501,598$0$3,901,265
76$6,340,614$441,832$0$4,219,034
77$6,900,355$376,480$0$4,581,658
78$7,514,449$305,185$0$4,979,577
79$8,188,354$227,571$0$5,416,360
80$8,928,081$143,237$0$5,895,939
81$9,740,253$51,763$0$6,422,648
82$10,632,164$0$0$7,001,262
83$11,611,849$0$0$7,642,250
84$12,688,162$0$0$8,352,789
85$13,870,853$0$0$9,133,631
86$15,170,666$0$0$9,991,878
87$16,599,437$0$0$10,935,354
88$18,170,206$0$0$11,972,680
89$19,897,339$0$0$13,113,354
90$21,796,662$0$0$14,367,840
91$23,885,616$0$0$15,747,666
92$26,183,412$0$0$17,265,536
93$28,711,219$0$0$18,935,443
94$31,492,362$0$0$20,772,810
95$34,552,537$0$0$22,794,625
96$37,920,061$0$0$25,019,609
97$41,626,133$0$0$27,468,390
98$45,705,127$0$0$30,163,694
99$50,194,923$0$0$33,130,566
100$55,137,256$0$0$36,396,600