Can I retire at age 50 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$71,596$70,958$70,336$69,729$69,136$68,357
2 years$35,444$34,783$34,144$33,523$32,922$32,138
3 years$23,394$22,731$22,093$21,479$20,887$20,122
4 years$17,371$16,710$16,078$15,474$14,897$14,157
5 years$13,758$13,101$12,477$11,886$11,324$10,611
6 years$11,350$10,698$10,084$9,505$8,961$8,276
7 years$9,631$8,984$8,379$7,815$7,287$6,631
8 years$8,342$7,701$7,106$6,556$6,046$5,417
9 years$7,340$6,705$6,121$5,584$5,091$4,491
10 years$6,539$5,910$5,336$4,813$4,338$3,765
11 years$5,884$5,261$4,698$4,189$3,731$3,185
12 years$5,338$4,722$4,169$3,674$3,233$2,714
13 years$4,877$4,268$3,725$3,244$2,819$2,326
14 years$4,482$3,879$3,347$2,880$2,471$2,004
15 years$4,140$3,544$3,022$2,568$2,176$1,733
16 years$3,841$3,251$2,740$2,299$1,923$1,504
17 years$3,578$2,994$2,493$2,066$1,705$1,309
18 years$3,344$2,767$2,276$1,862$1,516$1,142
19 years$3,135$2,564$2,083$1,682$1,351$998
20 years$2,947$2,383$1,912$1,524$1,207$875
21 years$2,777$2,220$1,759$1,383$1,080$767
22 years$2,623$2,072$1,621$1,257$968$674
23 years$2,482$1,938$1,497$1,145$869$593
24 years$2,353$1,816$1,384$1,044$781$522
25 years$2,235$1,704$1,282$954$703$460
26 years$2,126$1,601$1,189$872$633$406
27 years$2,026$1,507$1,104$798$571$358
28 years$1,932$1,420$1,026$731$515$316
29 years$1,846$1,340$955$671$465$280
30 years$1,765$1,265$890$616$420$247
31 years$1,689$1,196$829$565$380$219
32 years$1,619$1,132$774$520$344$193
33 years$1,553$1,072$723$478$311$171
34 years$1,491$1,016$675$440$282$152
35 years$1,432$963$631$405$255$134
36 years$1,377$914$590$373$231$119
37 years$1,325$868$553$343$209$105
38 years$1,276$825$518$316$190$93
39 years$1,229$785$485$292$172$83
40 years$1,185$747$454$269$156$73
41 years$1,144$711$426$248$142$65
42 years$1,104$677$400$229$129$58
43 years$1,066$645$375$212$117$51
44 years$1,030$615$352$195$106$45
45 years$996$586$331$180$96$40
46 years$963$559$311$167$87$36
47 years$932$534$292$154$79$32
48 years$902$510$274$142$72$28
49 years$874$487$258$131$65$25
50 years$846$465$242$122$59$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $867,000, adding $6,250 every year, while hoping to spend $46,718 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: 38/43/19 Blend
49$867,000$867,000$867,000$867,000
50$961,881$915,930$902,491$992,737
51$1,010,285$911,103$883,017$1,010,722
52$1,062,061$904,474$861,325$1,025,258
53$1,117,503$895,904$837,291$1,039,996
54$1,176,933$885,249$810,786$1,054,983
55$1,240,708$872,353$781,674$1,070,270
56$1,309,214$857,053$749,815$1,085,917
57$1,382,880$839,175$715,059$1,101,997
58$1,462,174$818,534$677,254$1,118,593
59$1,547,610$794,937$636,236$1,135,801
60$1,639,754$768,177$591,838$1,153,731
61$1,739,227$738,035$543,883$1,172,511
62$1,846,711$704,282$492,185$1,192,285
63$1,962,956$666,672$436,554$1,213,221
64$2,088,786$624,947$376,787$1,235,507
65$2,225,107$578,835$312,675$1,259,359
66$2,372,916$528,046$243,998$1,285,020
67$2,533,309$472,275$170,526$1,312,768
68$2,707,489$411,200$92,022$1,342,913
69$2,896,783$344,479$8,235$1,375,808
70$3,102,649$271,752$0$1,411,852
71$3,326,691$192,639$0$1,467,947
72$3,570,673$106,738$0$1,530,991
73$3,836,538$13,625$0$1,599,933
74$4,126,423$0$0$1,675,466
75$4,442,682$0$0$1,799,598
76$4,787,902$0$0$1,942,247
77$5,164,936$0$0$2,098,157
78$5,576,919$0$0$2,268,641
79$6,027,308$0$0$2,455,143
80$6,519,905$0$0$2,659,255
81$7,058,898$0$0$2,882,726
82$7,648,898$0$0$3,127,487
83$8,294,982$0$0$3,395,661
84$9,002,743$0$0$3,689,588
85$9,778,339$0$0$4,011,843
86$10,628,550$0$0$4,365,265
87$11,560,847$0$0$4,752,979
88$12,583,457$0$0$5,178,428
89$13,705,439$0$0$5,645,402
90$14,936,775$0$0$6,158,079
91$16,288,460$0$0$6,721,060
92$17,772,602$0$0$7,339,412
93$19,402,542$0$0$8,018,720
94$21,192,977$0$0$8,765,134
95$23,160,093$0$0$9,585,431
96$25,321,727$0$0$10,487,074
97$27,697,526$0$0$11,478,289
98$30,309,134$0$0$12,568,136
99$33,180,401$0$0$13,766,598
100$36,337,598$0$0$15,084,673