Can I retire at age 50 with 867,000?

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 $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%11.8%
1 years$71,596$70,958$70,336$69,729$69,136$68,614
2 years$35,444$34,783$34,144$33,523$32,922$32,396
3 years$23,394$22,731$22,093$21,479$20,887$20,373
4 years$17,371$16,710$16,078$15,474$14,897$14,399
5 years$13,758$13,101$12,477$11,886$11,324$10,843
6 years$11,350$10,698$10,084$9,505$8,961$8,498
7 years$9,631$8,984$8,379$7,815$7,287$6,843
8 years$8,342$7,701$7,106$6,556$6,046$5,619
9 years$7,340$6,705$6,121$5,584$5,091$4,683
10 years$6,539$5,910$5,336$4,813$4,338$3,948
11 years$5,884$5,261$4,698$4,189$3,731$3,358
12 years$5,338$4,722$4,169$3,674$3,233$2,878
13 years$4,877$4,268$3,725$3,244$2,819$2,481
14 years$4,482$3,879$3,347$2,880$2,471$2,150
15 years$4,140$3,544$3,022$2,568$2,176$1,870
16 years$3,841$3,251$2,740$2,299$1,923$1,633
17 years$3,578$2,994$2,493$2,066$1,705$1,430
18 years$3,344$2,767$2,276$1,862$1,516$1,256
19 years$3,135$2,564$2,083$1,682$1,351$1,105
20 years$2,947$2,383$1,912$1,524$1,207$975
21 years$2,777$2,220$1,759$1,383$1,080$861
22 years$2,623$2,072$1,621$1,257$968$761
23 years$2,482$1,938$1,497$1,145$869$674
24 years$2,353$1,816$1,384$1,044$781$598
25 years$2,235$1,704$1,282$954$703$531
26 years$2,126$1,601$1,189$872$633$471
27 years$2,026$1,507$1,104$798$571$419
28 years$1,932$1,420$1,026$731$515$373
29 years$1,846$1,340$955$671$465$332
30 years$1,765$1,265$890$616$420$296
31 years$1,689$1,196$829$565$380$263
32 years$1,619$1,132$774$520$344$235
33 years$1,553$1,072$723$478$311$209
34 years$1,491$1,016$675$440$282$187
35 years$1,432$963$631$405$255$167
36 years$1,377$914$590$373$231$149
37 years$1,325$868$553$343$209$133
38 years$1,276$825$518$316$190$119
39 years$1,229$785$485$292$172$106
40 years$1,185$747$454$269$156$95
41 years$1,144$711$426$248$142$84
42 years$1,104$677$400$229$129$75
43 years$1,066$645$375$212$117$67
44 years$1,030$615$352$195$106$60
45 years$996$586$331$180$96$54
46 years$963$559$311$167$87$48
47 years$932$534$292$154$79$43
48 years$902$510$274$142$72$38
49 years$874$487$258$131$65$34
50 years$846$465$242$122$59$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $867,000, adding $4,391 every year, while hoping to spend $35,661 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: 45/49/6 Blend
49$867,000$867,000$867,000$867,000
50$959,963$914,012$900,574$1,001,376
51$1,019,937$920,856$892,800$1,037,207
52$1,084,832$926,840$883,571$1,071,978
53$1,155,114$931,884$872,799$1,108,844
54$1,231,292$935,903$860,395$1,148,010
55$1,313,930$938,808$846,264$1,189,701
56$1,403,643$940,502$830,306$1,234,168
57$1,501,111$940,883$812,418$1,281,689
58$1,607,082$939,844$792,491$1,332,574
59$1,722,376$937,268$770,412$1,387,162
60$1,847,899$933,034$746,061$1,445,833
61$1,984,645$927,013$719,314$1,509,005
62$2,133,709$919,067$690,041$1,577,144
63$2,296,296$909,051$658,107$1,650,763
64$2,473,734$896,810$623,369$1,730,433
65$2,667,481$882,180$585,678$1,816,784
66$2,879,146$864,988$544,880$1,910,514
67$3,110,497$845,051$500,812$2,012,397
68$3,363,483$822,173$453,304$2,123,289
69$3,640,248$796,150$402,180$2,244,136
70$3,943,155$766,763$347,254$2,375,987
71$4,274,803$733,781$288,334$2,519,999
72$4,638,058$696,961$225,218$2,677,457
73$5,036,071$656,044$157,694$2,849,778
74$5,472,318$610,757$85,544$3,038,531
75$5,950,623$560,812$8,538$3,245,451
76$6,475,198$505,904$0$3,472,454
77$7,050,686$445,711$0$3,726,377
78$7,682,196$379,891$0$4,005,737
79$8,375,358$308,084$0$4,312,594
80$9,136,375$229,911$0$4,649,829
81$9,972,078$144,969$0$5,020,622
82$10,889,992$52,834$0$5,428,488
83$11,898,407$0$0$5,877,306
84$13,006,456$0$0$6,396,674
85$14,224,200$0$0$6,998,877
86$15,562,723$0$0$7,660,921
87$17,034,237$0$0$8,388,861
88$18,652,194$0$0$9,189,366
89$20,431,418$0$0$10,069,785
90$22,388,239$0$0$11,038,214
91$24,540,649$0$0$12,103,575
92$26,908,473$0$0$13,275,696
93$29,513,552$0$0$14,565,405
94$32,379,952$0$0$15,984,637
95$35,534,189$0$0$17,546,537
96$39,005,480$0$0$19,265,592
97$42,826,018$0$0$21,157,763
98$47,031,272$0$0$23,240,640
99$51,660,328$0$0$25,533,600
100$56,756,252$0$0$28,057,999