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%11.2%
1 years$72,009$71,368$70,742$70,131$69,535$69,183
2 years$35,648$34,984$34,341$33,717$33,112$32,757
3 years$23,529$22,862$22,221$21,603$21,007$20,661
4 years$17,471$16,806$16,171$15,564$14,983$14,646
5 years$13,837$13,176$12,549$11,954$11,390$11,065
6 years$11,415$10,760$10,142$9,560$9,012$8,699
7 years$9,686$9,036$8,428$7,860$7,329$7,028
8 years$8,390$7,745$7,147$6,593$6,080$5,791
9 years$7,382$6,744$6,156$5,616$5,121$4,843
10 years$6,576$5,944$5,367$4,841$4,363$4,098
11 years$5,918$5,292$4,725$4,213$3,752$3,499
12 years$5,369$4,750$4,193$3,696$3,252$3,009
13 years$4,905$4,292$3,746$3,263$2,836$2,604
14 years$4,508$3,902$3,366$2,896$2,486$2,265
15 years$4,164$3,564$3,039$2,583$2,189$1,979
16 years$3,863$3,270$2,756$2,313$1,934$1,735
17 years$3,598$3,012$2,507$2,078$1,715$1,526
18 years$3,363$2,783$2,289$1,873$1,525$1,345
19 years$3,153$2,579$2,095$1,692$1,359$1,189
20 years$2,964$2,397$1,923$1,533$1,214$1,053
21 years$2,793$2,232$1,769$1,391$1,086$934
22 years$2,638$2,084$1,630$1,265$974$830
23 years$2,496$1,949$1,505$1,152$874$738
24 years$2,367$1,826$1,392$1,050$786$658
25 years$2,248$1,714$1,289$959$707$587
26 years$2,139$1,611$1,196$877$637$523
27 years$2,037$1,516$1,110$803$574$468
28 years$1,943$1,428$1,032$736$518$418
29 years$1,856$1,347$961$675$468$374
30 years$1,775$1,272$895$619$423$335
31 years$1,699$1,203$834$569$382$300
32 years$1,628$1,138$778$523$346$268
33 years$1,562$1,078$727$481$313$240
34 years$1,499$1,022$679$442$283$216
35 years$1,440$969$635$407$257$193
36 years$1,385$920$594$375$232$173
37 years$1,333$874$556$345$211$156
38 years$1,283$830$521$318$191$140
39 years$1,236$789$488$294$173$125
40 years$1,192$751$457$271$157$113
41 years$1,150$715$429$250$143$101
42 years$1,110$681$402$231$129$91
43 years$1,072$649$377$213$117$82
44 years$1,036$618$354$196$107$73
45 years$1,002$590$333$181$97$66
46 years$969$563$312$168$88$59
47 years$937$537$293$155$80$53
48 years$907$512$276$143$72$48
49 years$879$489$259$132$66$43
50 years$851$467$244$122$60$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $872,000, adding $2,800 every year, while hoping to spend $57,472 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: 49/31/20 Blend
49$872,000$872,000$872,000$872,000
50$963,832$917,616$904,100$1,005,520
51$1,000,993$901,430$873,238$1,018,545
52$1,040,019$882,524$839,415$1,026,618
53$1,081,038$860,704$802,473$1,034,178
54$1,124,191$835,767$762,243$1,041,203
55$1,169,632$807,493$718,552$1,047,667
56$1,217,528$775,653$671,217$1,053,548
57$1,268,059$740,004$620,046$1,058,826
58$1,321,425$700,287$564,841$1,063,482
59$1,377,840$656,232$505,393$1,067,503
60$1,437,542$607,548$441,486$1,070,877
61$1,500,786$553,934$372,891$1,073,597
62$1,567,855$495,065$299,371$1,075,662
63$1,639,055$430,602$220,679$1,077,075
64$1,714,723$360,186$136,556$1,077,849
65$1,795,227$283,437$46,733$1,078,001
66$1,880,968$199,954$0$1,077,563
67$1,972,388$109,312$0$1,087,055
68$2,069,968$11,066$0$1,107,371
69$2,174,239$0$0$1,128,660
70$2,285,778$0$0$1,183,565
71$2,405,223$0$0$1,246,466
72$2,533,269$0$0$1,313,960
73$2,670,681$0$0$1,386,461
74$2,818,299$0$0$1,464,418
75$2,977,042$0$0$1,548,328
76$3,147,922$0$0$1,638,735
77$3,332,050$0$0$1,736,236
78$3,530,645$0$0$1,841,488
79$3,745,046$0$0$1,955,214
80$3,976,725$0$0$2,078,204
81$4,227,301$0$0$2,211,332
82$4,498,552$0$0$2,355,555
83$4,792,432$0$0$2,511,927
84$5,111,092$0$0$2,681,606
85$5,456,894$0$0$2,865,867
86$5,832,439$0$0$3,066,110
87$6,240,587$0$0$3,283,878
88$6,684,482$0$0$3,520,866
89$7,167,587$0$0$3,778,942
90$7,693,709$0$0$4,060,157
91$8,267,038$0$0$4,366,774
92$8,892,187$0$0$4,701,278
93$9,574,232$0$0$5,066,408
94$10,318,759$0$0$5,465,178
95$11,131,918$0$0$5,900,905
96$12,020,480$0$0$6,377,242
97$12,991,897$0$0$6,898,211
98$14,054,378$0$0$7,468,239
99$15,216,956$0$0$8,092,201
100$16,489,583$0$0$8,775,468