Can I retire at age 50 with 869,000?

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 $869,000?

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$71,761$71,122$70,498$69,890$69,295$68,772
2 years$35,525$34,864$34,223$33,601$32,998$32,470
3 years$23,448$22,784$22,144$21,528$20,935$20,420
4 years$17,411$16,749$16,115$15,510$14,931$14,432
5 years$13,790$13,131$12,506$11,913$11,350$10,869
6 years$11,376$10,722$10,107$9,527$8,981$8,517
7 years$9,653$9,005$8,399$7,833$7,304$6,859
8 years$8,361$7,719$7,123$6,571$6,059$5,632
9 years$7,357$6,721$6,135$5,597$5,103$4,694
10 years$6,554$5,924$5,349$4,824$4,348$3,957
11 years$5,897$5,274$4,709$4,199$3,739$3,366
12 years$5,350$4,733$4,179$3,683$3,240$2,885
13 years$4,888$4,278$3,734$3,251$2,826$2,487
14 years$4,492$3,888$3,355$2,886$2,477$2,155
15 years$4,150$3,552$3,029$2,574$2,181$1,875
16 years$3,850$3,259$2,746$2,305$1,928$1,637
17 years$3,586$3,001$2,499$2,071$1,709$1,434
18 years$3,351$2,773$2,281$1,866$1,520$1,259
19 years$3,142$2,570$2,088$1,686$1,355$1,108
20 years$2,953$2,388$1,916$1,527$1,210$977
21 years$2,783$2,225$1,763$1,386$1,083$863
22 years$2,629$2,077$1,625$1,260$970$763
23 years$2,488$1,942$1,500$1,148$871$676
24 years$2,359$1,820$1,387$1,047$783$599
25 years$2,240$1,708$1,285$956$705$532
26 years$2,131$1,605$1,192$874$635$472
27 years$2,030$1,511$1,107$800$572$420
28 years$1,937$1,423$1,029$733$516$374
29 years$1,850$1,343$957$672$466$333
30 years$1,769$1,268$892$617$421$296
31 years$1,693$1,199$831$567$381$264
32 years$1,623$1,134$776$521$345$235
33 years$1,556$1,074$724$479$312$210
34 years$1,494$1,018$677$441$282$187
35 years$1,435$966$633$406$256$167
36 years$1,380$917$592$374$232$149
37 years$1,328$871$554$344$210$133
38 years$1,279$827$519$317$190$119
39 years$1,232$787$486$292$173$106
40 years$1,188$748$456$270$157$95
41 years$1,146$712$427$249$142$85
42 years$1,106$679$401$230$129$76
43 years$1,069$646$376$212$117$68
44 years$1,032$616$353$196$106$60
45 years$998$588$331$181$96$54
46 years$965$561$311$167$88$48
47 years$934$535$292$154$79$43
48 years$904$511$275$143$72$39
49 years$876$488$258$132$66$34
50 years$848$466$243$122$60$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $869,000, adding $3,830 every year, while hoping to spend $54,642 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: 67/7/26 Blend
49$869,000$869,000$869,000$869,000
50$961,589$915,532$902,062$1,019,282
51$1,001,532$902,254$874,143$1,045,294
52$1,043,718$886,494$843,456$1,067,186
53$1,088,318$868,074$809,853$1,089,886
54$1,135,519$846,802$773,175$1,113,475
55$1,185,525$822,477$733,259$1,138,046
56$1,238,557$794,888$689,933$1,163,701
57$1,294,861$763,808$643,016$1,190,555
58$1,354,701$728,999$592,322$1,218,737
59$1,418,370$690,209$537,654$1,248,391
60$1,486,186$647,172$478,807$1,279,678
61$1,558,498$599,604$415,568$1,312,778
62$1,635,689$547,209$347,714$1,347,891
63$1,718,177$489,670$275,010$1,385,242
64$1,806,422$426,655$197,214$1,425,078
65$1,900,927$357,811$114,070$1,467,679
66$2,002,244$282,766$25,315$1,513,353
67$2,110,980$201,129$0$1,562,445
68$2,227,798$112,483$0$1,634,591
69$2,353,430$16,390$0$1,719,710
70$2,488,675$0$0$1,811,328
71$2,634,414$0$0$1,916,806
72$2,791,613$0$0$2,031,981
73$2,961,333$0$0$2,156,374
74$3,144,742$0$0$2,290,844
75$3,343,121$0$0$2,436,337
76$3,557,880$0$0$2,593,893
77$3,790,567$0$0$2,764,655
78$4,042,887$0$0$2,949,880
79$4,316,713$0$0$3,150,949
80$4,614,104$0$0$3,369,383
81$4,937,328$0$0$3,606,854
82$5,288,876$0$0$3,865,201
83$5,671,493$0$0$4,146,449
84$6,088,196$0$0$4,452,825
85$6,542,306$0$0$4,786,779
86$7,037,479$0$0$5,151,010
87$7,577,737$0$0$5,548,485
88$8,167,508$0$0$5,982,473
89$8,811,666$0$0$6,456,571
90$9,515,577$0$0$6,974,739
91$10,285,148$0$0$7,541,338
92$11,126,883$0$0$8,161,168
93$12,047,944$0$0$8,839,515
94$13,056,216$0$0$9,582,199
95$14,160,382$0$0$10,395,631
96$15,370,004$0$0$11,286,868
97$16,695,614$0$0$12,263,684
98$18,148,809$0$0$13,334,640
99$19,742,362$0$0$14,509,166
100$21,490,343$0$0$15,797,646