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%17.1%
1 years$71,761$71,122$70,498$69,890$69,295$67,293
2 years$35,525$34,864$34,223$33,601$32,998$30,996
3 years$23,448$22,784$22,144$21,528$20,935$18,997
4 years$17,411$16,749$16,115$15,510$14,931$13,072
5 years$13,790$13,131$12,506$11,913$11,350$9,575
6 years$11,376$10,722$10,107$9,527$8,981$7,291
7 years$9,653$9,005$8,399$7,833$7,304$5,699
8 years$8,361$7,719$7,123$6,571$6,059$4,538
9 years$7,357$6,721$6,135$5,597$5,103$3,665
10 years$6,554$5,924$5,349$4,824$4,348$2,990
11 years$5,897$5,274$4,709$4,199$3,739$2,460
12 years$5,350$4,733$4,179$3,683$3,240$2,037
13 years$4,888$4,278$3,734$3,251$2,826$1,696
14 years$4,492$3,888$3,355$2,886$2,477$1,418
15 years$4,150$3,552$3,029$2,574$2,181$1,189
16 years$3,850$3,259$2,746$2,305$1,928$1,001
17 years$3,586$3,001$2,499$2,071$1,709$844
18 years$3,351$2,773$2,281$1,866$1,520$713
19 years$3,142$2,570$2,088$1,686$1,355$603
20 years$2,953$2,388$1,916$1,527$1,210$511
21 years$2,783$2,225$1,763$1,386$1,083$434
22 years$2,629$2,077$1,625$1,260$970$368
23 years$2,488$1,942$1,500$1,148$871$313
24 years$2,359$1,820$1,387$1,047$783$266
25 years$2,240$1,708$1,285$956$705$227
26 years$2,131$1,605$1,192$874$635$193
27 years$2,030$1,511$1,107$800$572$164
28 years$1,937$1,423$1,029$733$516$140
29 years$1,850$1,343$957$672$466$119
30 years$1,769$1,268$892$617$421$102
31 years$1,693$1,199$831$567$381$87
32 years$1,623$1,134$776$521$345$74
33 years$1,556$1,074$724$479$312$63
34 years$1,494$1,018$677$441$282$54
35 years$1,435$966$633$406$256$46
36 years$1,380$917$592$374$232$39
37 years$1,328$871$554$344$210$34
38 years$1,279$827$519$317$190$29
39 years$1,232$787$486$292$173$24
40 years$1,188$748$456$270$157$21
41 years$1,146$712$427$249$142$18
42 years$1,106$679$401$230$129$15
43 years$1,069$646$376$212$117$13
44 years$1,032$616$353$196$106$11
45 years$998$588$331$181$96$9
46 years$965$561$311$167$88$8
47 years$934$535$292$154$79$7
48 years$904$511$275$143$72$6
49 years$876$488$258$132$66$5
50 years$848$466$243$122$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $869,000, adding $3,916 every year, while hoping to spend $57,256 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: 35/48/17 Blend
49$869,000$869,000$869,000$869,000
50$961,677$915,620$902,151$990,193
51$998,849$899,566$871,453$995,270
52$1,037,892$880,806$837,808$995,096
53$1,078,939$859,147$801,056$993,693
54$1,122,130$834,385$761,031$990,985
55$1,167,622$806,303$717,560$986,890
56$1,215,580$774,674$670,459$981,327
57$1,266,190$739,253$619,540$974,212
58$1,319,650$699,786$564,604$965,457
59$1,376,179$656,000$505,443$954,973
60$1,436,015$607,609$441,840$942,671
61$1,499,417$554,311$373,570$928,459
62$1,566,670$495,784$300,397$912,242
63$1,638,082$431,690$222,073$893,928
64$1,713,995$361,671$138,341$873,421
65$1,794,779$285,349$48,932$850,627
66$1,880,841$202,326$0$825,454
67$1,972,625$112,178$0$806,241
68$2,070,619$14,461$0$794,485
69$2,175,358$0$0$781,273
70$2,287,426$0$0$814,799
71$2,407,466$0$0$858,973
72$2,536,182$0$0$906,427
73$2,674,346$0$0$957,456
74$2,822,806$0$0$1,012,385
75$2,982,493$0$0$1,071,570
76$3,154,428$0$0$1,135,404
77$3,339,734$0$0$1,204,317
78$3,539,644$0$0$1,278,782
79$3,755,510$0$0$1,359,318
80$3,988,822$0$0$1,446,497
81$4,241,215$0$0$1,540,947
82$4,514,485$0$0$1,643,359
83$4,810,611$0$0$1,754,491
84$5,131,764$0$0$1,875,180
85$5,480,335$0$0$2,006,343
86$5,858,952$0$0$2,148,992
87$6,270,505$0$0$2,304,238
88$6,718,176$0$0$2,473,304
89$7,205,465$0$0$2,657,537
90$7,736,220$0$0$2,858,419
91$8,314,680$0$0$3,077,580
92$8,945,509$0$0$3,316,814
93$9,633,838$0$0$3,578,098
94$10,385,316$0$0$3,863,607
95$11,206,164$0$0$4,175,735
96$12,103,227$0$0$4,517,118
97$13,084,042$0$0$4,890,659
98$14,156,909$0$0$5,299,554
99$15,330,964$0$0$5,747,323
100$16,616,269$0$0$6,237,841