Can I retire at age 50 with 868,000?

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 $868,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$71,679$71,040$70,417$69,809$69,216$67,215
2 years$35,484$34,824$34,183$33,562$32,960$30,961
3 years$23,421$22,758$22,119$21,504$20,911$18,975
4 years$17,391$16,729$16,097$15,492$14,914$13,057
5 years$13,774$13,116$12,492$11,899$11,337$9,564
6 years$11,363$10,710$10,095$9,516$8,971$7,282
7 years$9,642$8,994$8,389$7,824$7,296$5,692
8 years$8,351$7,710$7,115$6,563$6,052$4,533
9 years$7,348$6,713$6,128$5,590$5,097$3,660
10 years$6,546$5,917$5,342$4,819$4,343$2,987
11 years$5,890$5,268$4,703$4,194$3,735$2,457
12 years$5,344$4,728$4,174$3,679$3,237$2,035
13 years$4,883$4,273$3,729$3,248$2,823$1,694
14 years$4,487$3,884$3,351$2,883$2,474$1,416
15 years$4,145$3,548$3,025$2,571$2,178$1,188
16 years$3,846$3,255$2,743$2,302$1,925$999
17 years$3,582$2,998$2,496$2,068$1,707$843
18 years$3,348$2,770$2,278$1,864$1,518$712
19 years$3,138$2,567$2,086$1,684$1,353$603
20 years$2,950$2,386$1,914$1,525$1,208$511
21 years$2,780$2,222$1,761$1,384$1,081$433
22 years$2,626$2,074$1,623$1,259$969$368
23 years$2,485$1,940$1,498$1,146$870$313
24 years$2,356$1,818$1,386$1,046$782$266
25 years$2,238$1,706$1,283$955$704$226
26 years$2,129$1,603$1,190$873$634$193
27 years$2,028$1,509$1,105$799$572$164
28 years$1,935$1,422$1,028$732$516$140
29 years$1,848$1,341$956$671$466$119
30 years$1,767$1,267$891$616$421$102
31 years$1,691$1,197$830$566$380$87
32 years$1,621$1,133$775$520$344$74
33 years$1,554$1,073$723$478$311$63
34 years$1,492$1,017$676$440$282$54
35 years$1,434$965$632$405$255$46
36 years$1,379$915$591$373$231$39
37 years$1,327$870$553$344$210$34
38 years$1,277$826$518$317$190$29
39 years$1,231$786$485$292$172$24
40 years$1,187$748$455$269$156$21
41 years$1,145$712$427$249$142$18
42 years$1,105$678$400$229$129$15
43 years$1,067$646$376$212$117$13
44 years$1,031$616$353$196$106$11
45 years$997$587$331$181$96$9
46 years$964$560$311$167$87$8
47 years$933$534$292$154$79$7
48 years$903$510$274$142$72$6
49 years$875$487$258$132$65$5
50 years$847$465$243$122$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $868,000, adding $4,742 every year, while hoping to spend $31,671 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: 42/45/13 Blend
49$868,000$868,000$868,000$868,000
50$961,427$915,423$901,969$997,958
51$1,025,795$926,581$898,488$1,035,222
52$1,095,667$937,225$893,828$1,072,033
53$1,171,571$947,295$887,917$1,111,199
54$1,254,088$956,729$880,679$1,152,950
55$1,343,856$965,460$872,033$1,197,539
56$1,441,580$973,417$861,896$1,245,247
57$1,548,031$980,525$850,180$1,296,384
58$1,664,062$986,702$836,792$1,351,294
59$1,790,609$991,864$821,638$1,410,357
60$1,928,704$995,918$804,615$1,473,993
61$2,079,481$998,767$785,619$1,542,669
62$2,244,190$1,000,308$764,539$1,616,898
63$2,424,206$1,000,432$741,260$1,697,251
64$2,621,044$999,022$715,661$1,784,357
65$2,836,370$995,954$687,616$1,878,912
66$3,072,021$991,097$656,992$1,981,688
67$3,330,019$984,312$623,653$2,093,534
68$3,612,588$975,451$587,453$2,215,393
69$3,922,182$964,358$548,242$2,348,305
70$4,261,499$950,866$505,862$2,493,420
71$4,633,512$934,799$460,149$2,652,009
72$5,041,498$915,971$410,931$2,825,477
73$5,489,061$894,185$358,029$3,015,376
74$5,980,177$869,231$301,254$3,223,422
75$6,519,219$840,888$240,411$3,451,509
76$7,111,010$808,922$175,295$3,701,730
77$7,760,859$773,084$105,693$3,976,397
78$8,474,614$733,114$31,381$4,278,064
79$9,258,721$688,732$0$4,609,551
80$10,120,276$639,646$0$4,980,620
81$11,067,101$585,545$0$5,393,141
82$12,107,811$526,102$0$5,846,587
83$13,251,897$460,971$0$6,345,190
84$14,509,816$389,784$0$6,893,615
85$15,893,089$312,155$0$7,497,012
86$17,414,408$227,675$0$8,161,062
87$19,087,760$135,913$0$8,892,035
88$20,928,551$36,412$0$9,696,847
89$22,953,759$0$0$10,583,127
90$25,182,089$0$0$11,594,604
91$27,634,150$0$0$12,727,605
92$30,332,652$0$0$13,974,608
93$33,302,615$0$0$15,347,192
94$36,571,609$0$0$16,858,115
95$40,170,012$0$0$18,521,437
96$44,131,298$0$0$20,352,647
97$48,492,350$0$0$22,368,813
98$53,293,807$0$0$24,588,745
99$58,580,454$0$0$27,033,168
100$64,401,635$0$0$29,724,916