Can I retire at age 50 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$72,092$71,449$70,823$70,211$69,614$68,602
2 years$35,689$35,024$34,380$33,755$33,150$32,132
3 years$23,556$22,889$22,246$21,627$21,031$20,040
4 years$17,491$16,826$16,190$15,581$15,000$14,042
5 years$13,853$13,191$12,564$11,968$11,403$10,482
6 years$11,428$10,772$10,153$9,571$9,023$8,139
7 years$9,697$9,046$8,437$7,869$7,338$6,493
8 years$8,399$7,754$7,156$6,601$6,087$5,280
9 years$7,390$6,751$6,163$5,623$5,126$4,357
10 years$6,584$5,951$5,373$4,847$4,368$3,635
11 years$5,924$5,298$4,730$4,218$3,757$3,060
12 years$5,375$4,755$4,198$3,700$3,255$2,594
13 years$4,911$4,297$3,751$3,266$2,839$2,212
14 years$4,513$3,906$3,370$2,900$2,488$1,895
15 years$4,169$3,568$3,043$2,586$2,191$1,630
16 years$3,868$3,274$2,759$2,315$1,936$1,407
17 years$3,602$3,015$2,510$2,080$1,717$1,217
18 years$3,367$2,786$2,292$1,875$1,527$1,056
19 years$3,156$2,582$2,098$1,694$1,361$918
20 years$2,967$2,399$1,925$1,534$1,215$799
21 years$2,796$2,235$1,771$1,392$1,088$697
22 years$2,641$2,086$1,632$1,266$975$609
23 years$2,499$1,951$1,507$1,153$875$532
24 years$2,370$1,828$1,394$1,052$787$466
25 years$2,251$1,716$1,291$960$708$408
26 years$2,141$1,612$1,197$878$638$357
27 years$2,040$1,517$1,112$804$575$314
28 years$1,946$1,430$1,033$736$519$275
29 years$1,858$1,349$962$675$468$242
30 years$1,777$1,274$896$620$423$212
31 years$1,701$1,204$835$569$383$186
32 years$1,630$1,140$779$523$346$164
33 years$1,563$1,079$728$481$313$144
34 years$1,501$1,023$680$443$284$127
35 years$1,442$970$636$407$257$111
36 years$1,387$921$595$375$233$98
37 years$1,334$875$556$346$211$86
38 years$1,285$831$521$319$191$76
39 years$1,238$790$488$294$173$67
40 years$1,194$752$458$271$157$59
41 years$1,151$716$429$250$143$52
42 years$1,111$682$403$231$129$46
43 years$1,073$649$378$213$118$40
44 years$1,037$619$355$197$107$35
45 years$1,003$590$333$182$97$31
46 years$970$563$313$168$88$27
47 years$938$537$294$155$80$24
48 years$908$513$276$143$73$21
49 years$880$490$259$132$66$19
50 years$852$468$244$122$60$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $873,000, adding $3,855 every year, while hoping to spend $28,928 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: 37/47/16 Blend
49$873,000$873,000$873,000$873,000
50$966,022$919,753$906,222$996,942
51$1,033,778$934,042$905,801$1,033,842
52$1,107,474$948,062$904,397$1,070,635
53$1,187,688$961,768$901,945$1,109,760
54$1,275,051$975,114$898,380$1,151,440
55$1,370,262$988,050$893,631$1,195,924
56$1,474,087$1,000,523$887,626$1,243,487
57$1,587,370$1,012,474$880,287$1,294,430
58$1,711,039$1,023,843$871,535$1,349,090
59$1,846,118$1,034,565$861,284$1,407,838
60$1,993,733$1,044,569$849,448$1,471,084
61$2,155,123$1,053,782$835,934$1,539,282
62$2,331,653$1,062,124$820,644$1,612,932
63$2,524,824$1,069,511$803,479$1,692,590
64$2,736,293$1,075,854$784,332$1,778,868
65$2,967,880$1,081,056$763,093$1,872,444
66$3,221,593$1,085,017$739,645$1,974,067
67$3,499,640$1,087,628$713,868$2,084,565
68$3,804,456$1,088,774$685,635$2,204,852
69$4,138,720$1,088,334$654,814$2,335,940
70$4,505,385$1,086,177$621,266$2,478,946
71$4,907,702$1,082,168$584,846$2,635,103
72$5,349,253$1,076,159$545,403$2,805,775
73$5,833,982$1,067,996$502,779$2,992,468
74$6,366,235$1,057,515$456,809$3,196,847
75$6,950,799$1,044,541$407,321$3,420,748
76$7,592,948$1,028,891$354,134$3,666,202
77$8,298,491$1,010,369$297,059$3,935,450
78$9,073,828$988,768$235,902$4,230,966
79$9,926,010$963,869$170,455$4,555,484
80$10,862,803$935,438$100,506$4,912,021
81$11,892,766$903,232$25,830$5,303,909
82$13,025,327$866,989$0$5,734,824
83$14,270,873$826,434$0$6,218,023
84$15,640,849$781,277$0$6,754,093
85$17,147,865$731,208$0$7,343,611
86$18,805,813$675,904$0$7,992,080
87$20,630,001$615,018$0$8,705,571
88$22,637,296$548,189$0$9,490,782
89$24,846,280$475,030$0$10,355,101
90$27,277,430$395,135$0$11,306,675
91$29,953,307$308,076$0$12,354,492
92$32,898,771$213,399$0$13,508,464
93$36,141,215$110,625$0$14,779,524
94$39,710,821$0$0$16,179,729
95$43,640,848$0$0$17,722,766
96$47,967,943$0$0$19,484,848
97$52,732,487$0$0$21,425,225
98$57,978,976$0$0$23,562,037
99$63,756,443$0$0$25,915,274
100$70,118,914$0$0$28,506,964