Can I retire at age 50 with 868,000?

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 $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%18.5%
1 years$71,679$71,040$70,417$69,809$69,216$66,840
2 years$35,484$34,824$34,183$33,562$32,960$30,590
3 years$23,421$22,758$22,119$21,504$20,911$18,622
4 years$17,391$16,729$16,097$15,492$14,914$12,724
5 years$13,774$13,116$12,492$11,899$11,337$9,251
6 years$11,363$10,710$10,095$9,516$8,971$6,990
7 years$9,642$8,994$8,389$7,824$7,296$5,421
8 years$8,351$7,710$7,115$6,563$6,052$4,281
9 years$7,348$6,713$6,128$5,590$5,097$3,428
10 years$6,546$5,917$5,342$4,819$4,343$2,773
11 years$5,890$5,268$4,703$4,194$3,735$2,261
12 years$5,344$4,728$4,174$3,679$3,237$1,855
13 years$4,883$4,273$3,729$3,248$2,823$1,529
14 years$4,487$3,884$3,351$2,883$2,474$1,266
15 years$4,145$3,548$3,025$2,571$2,178$1,052
16 years$3,846$3,255$2,743$2,302$1,925$876
17 years$3,582$2,998$2,496$2,068$1,707$731
18 years$3,348$2,770$2,278$1,864$1,518$611
19 years$3,138$2,567$2,086$1,684$1,353$512
20 years$2,950$2,386$1,914$1,525$1,208$429
21 years$2,780$2,222$1,761$1,384$1,081$360
22 years$2,626$2,074$1,623$1,259$969$303
23 years$2,485$1,940$1,498$1,146$870$254
24 years$2,356$1,818$1,386$1,046$782$214
25 years$2,238$1,706$1,283$955$704$180
26 years$2,129$1,603$1,190$873$634$152
27 years$2,028$1,509$1,105$799$572$128
28 years$1,935$1,422$1,028$732$516$108
29 years$1,848$1,341$956$671$466$91
30 years$1,767$1,267$891$616$421$76
31 years$1,691$1,197$830$566$380$64
32 years$1,621$1,133$775$520$344$54
33 years$1,554$1,073$723$478$311$46
34 years$1,492$1,017$676$440$282$39
35 years$1,434$965$632$405$255$33
36 years$1,379$915$591$373$231$27
37 years$1,327$870$553$344$210$23
38 years$1,277$826$518$317$190$20
39 years$1,231$786$485$292$172$17
40 years$1,187$748$455$269$156$14
41 years$1,145$712$427$249$142$12
42 years$1,105$678$400$229$129$10
43 years$1,067$646$376$212$117$8
44 years$1,031$616$353$196$106$7
45 years$997$587$331$181$96$6
46 years$964$560$311$167$87$5
47 years$933$534$292$154$79$4
48 years$903$510$274$142$72$4
49 years$875$487$258$132$65$3
50 years$847$465$243$122$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $868,000, adding $2,776 every year, while hoping to spend $45,109 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: 56/39/5 Blend
49$868,000$868,000$868,000$868,000
50$959,399$913,395$899,941$1,012,025
51$1,009,263$910,156$882,094$1,044,511
52$1,062,700$905,246$862,137$1,074,566
53$1,120,028$898,536$839,951$1,106,175
54$1,181,596$889,889$815,414$1,139,489
55$1,247,783$879,159$788,395$1,174,678
56$1,319,011$866,191$758,760$1,211,931
57$1,395,738$850,823$726,367$1,251,457
58$1,478,471$832,880$691,067$1,293,490
59$1,567,763$812,180$652,707$1,338,290
60$1,664,226$788,528$611,123$1,386,144
61$1,768,529$761,718$566,148$1,437,376
62$1,881,410$731,533$517,605$1,492,340
63$2,003,678$697,742$465,309$1,551,433
64$2,136,224$660,102$409,067$1,615,095
65$2,280,027$618,355$348,679$1,683,816
66$2,436,164$572,229$283,934$1,758,136
67$2,605,819$521,435$214,613$1,838,659
68$2,790,296$465,669$140,486$1,926,052
69$2,991,029$404,608$61,314$2,021,056
70$3,209,594$337,914$0$2,124,492
71$3,447,727$265,226$0$2,238,509
72$3,707,338$186,166$0$2,366,449
73$3,990,530$100,331$0$2,506,173
74$4,299,616$7,300$0$2,658,935
75$4,637,144$0$0$2,826,124
76$5,005,917$0$0$3,049,350
77$5,409,023$0$0$3,296,857
78$5,849,859$0$0$3,567,609
79$6,332,167$0$0$3,863,914
80$6,860,067$0$0$4,188,313
81$7,438,098$0$0$4,543,604
82$8,071,254$0$0$4,932,869
83$8,765,037$0$0$5,359,503
84$9,525,508$0$0$5,827,243
85$10,359,339$0$0$6,340,206
86$11,273,882$0$0$6,902,927
87$12,277,231$0$0$7,520,400
88$13,378,305$0$0$8,198,127
89$14,586,925$0$0$8,942,167
90$15,913,912$0$0$9,759,195
91$17,371,183$0$0$10,656,566
92$18,971,869$0$0$11,642,380
93$20,730,432$0$0$12,725,560
94$22,662,808$0$0$13,915,938
95$24,786,548$0$0$15,224,344
96$27,120,992$0$0$16,662,711
97$29,687,446$0$0$18,244,183
98$32,509,381$0$0$19,983,245
99$35,612,659$0$0$21,895,853
100$39,025,771$0$0$23,999,588