Can I retire at age 50 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$72,009$71,368$70,742$70,131$69,535$67,607
2 years$35,648$34,984$34,341$33,717$33,112$31,184
3 years$23,529$22,862$22,221$21,603$21,007$19,140
4 years$17,471$16,806$16,171$15,564$14,983$13,190
5 years$13,837$13,176$12,549$11,954$11,390$9,676
6 years$11,415$10,760$10,142$9,560$9,012$7,380
7 years$9,686$9,036$8,428$7,860$7,329$5,779
8 years$8,390$7,745$7,147$6,593$6,080$4,610
9 years$7,382$6,744$6,156$5,616$5,121$3,729
10 years$6,576$5,944$5,367$4,841$4,363$3,049
11 years$5,918$5,292$4,725$4,213$3,752$2,513
12 years$5,369$4,750$4,193$3,696$3,252$2,085
13 years$4,905$4,292$3,746$3,263$2,836$1,740
14 years$4,508$3,902$3,366$2,896$2,486$1,457
15 years$4,164$3,564$3,039$2,583$2,189$1,225
16 years$3,863$3,270$2,756$2,313$1,934$1,033
17 years$3,598$3,012$2,507$2,078$1,715$873
18 years$3,363$2,783$2,289$1,873$1,525$739
19 years$3,153$2,579$2,095$1,692$1,359$627
20 years$2,964$2,397$1,923$1,533$1,214$533
21 years$2,793$2,232$1,769$1,391$1,086$453
22 years$2,638$2,084$1,630$1,265$974$386
23 years$2,496$1,949$1,505$1,152$874$328
24 years$2,367$1,826$1,392$1,050$786$280
25 years$2,248$1,714$1,289$959$707$239
26 years$2,139$1,611$1,196$877$637$204
27 years$2,037$1,516$1,110$803$574$174
28 years$1,943$1,428$1,032$736$518$149
29 years$1,856$1,347$961$675$468$127
30 years$1,775$1,272$895$619$423$109
31 years$1,699$1,203$834$569$382$93
32 years$1,628$1,138$778$523$346$79
33 years$1,562$1,078$727$481$313$68
34 years$1,499$1,022$679$442$283$58
35 years$1,440$969$635$407$257$50
36 years$1,385$920$594$375$232$43
37 years$1,333$874$556$345$211$36
38 years$1,283$830$521$318$191$31
39 years$1,236$789$488$294$173$27
40 years$1,192$751$457$271$157$23
41 years$1,150$715$429$250$143$20
42 years$1,110$681$402$231$129$17
43 years$1,072$649$377$213$117$14
44 years$1,036$618$354$196$107$12
45 years$1,002$590$333$181$97$10
46 years$969$563$312$168$88$9
47 years$937$537$293$155$80$8
48 years$907$512$276$143$72$7
49 years$879$489$259$132$66$6
50 years$851$467$244$122$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $872,000, adding $2,245 every year, while hoping to spend $34,167 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: 57/23/20 Blend
49$872,000$872,000$872,000$872,000
50$963,260$917,044$903,528$1,012,900
51$1,025,159$925,625$897,442$1,055,537
52$1,092,226$933,483$890,008$1,098,111
53$1,164,954$940,543$881,144$1,143,755
54$1,243,881$946,732$870,764$1,192,773
55$1,329,602$951,967$858,780$1,245,499
56$1,422,770$956,162$845,097$1,302,304
57$1,524,104$959,225$829,619$1,363,598
58$1,634,394$961,059$812,244$1,429,832
59$1,754,512$961,560$792,863$1,501,506
60$1,885,414$960,619$771,366$1,579,171
61$2,028,154$958,117$747,635$1,663,438
62$2,183,892$953,931$721,547$1,754,980
63$2,353,905$947,929$692,974$1,854,541
64$2,539,597$939,972$661,783$1,962,941
65$2,742,516$929,911$627,833$2,081,088
66$2,964,366$917,589$590,978$2,209,984
67$3,207,020$902,840$551,065$2,350,736
68$3,472,544$885,488$507,934$2,504,563
69$3,763,212$865,345$461,418$2,672,816
70$4,081,527$842,213$411,342$2,856,983
71$4,430,245$815,885$357,525$3,058,708
72$4,812,403$786,136$299,775$3,279,805
73$5,231,345$752,734$237,895$3,522,276
74$5,690,754$715,429$171,675$3,788,334
75$6,194,685$673,959$100,901$4,080,416
76$6,747,607$628,047$25,345$4,401,217
77$7,354,440$577,399$0$4,753,708
78$8,020,606$521,704$0$5,152,967
79$8,752,074$460,634$0$5,597,352
80$9,555,424$393,843$0$6,085,497
81$10,437,900$320,965$0$6,621,864
82$11,407,485$241,612$0$7,211,375
83$12,472,973$155,375$0$7,859,453
84$13,644,052$61,823$0$8,572,080
85$14,931,393$0$0$9,355,848
86$16,346,757$0$0$10,228,025
87$17,903,097$0$0$11,204,364
88$19,614,686$0$0$12,278,181
89$21,497,249$0$0$13,459,353
90$23,568,113$0$0$14,758,761
91$25,846,367$0$0$16,188,396
92$28,353,043$0$0$17,761,467
93$31,111,316$0$0$19,492,530
94$34,146,720$0$0$21,397,622
95$37,487,389$0$0$23,494,415
96$41,164,325$0$0$25,802,378
97$45,211,685$0$0$28,342,968
98$49,667,106$0$0$31,139,822
99$54,572,061$0$0$34,218,991
100$59,972,247$0$0$37,609,177