Can I retire at age 50 with 874,000?

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 $874,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$72,174$71,531$70,904$70,292$69,694$68,315
2 years$35,730$35,064$34,419$33,794$33,188$31,804
3 years$23,583$22,915$22,272$21,652$21,056$19,711
4 years$17,511$16,845$16,208$15,599$15,017$13,721
5 years$13,869$13,207$12,578$11,982$11,416$10,172
6 years$11,441$10,784$10,165$9,582$9,033$7,844
7 years$9,708$9,057$8,447$7,878$7,346$6,211
8 years$8,409$7,763$7,164$6,608$6,094$5,013
9 years$7,399$6,759$6,170$5,629$5,132$4,105
10 years$6,591$5,958$5,379$4,852$4,373$3,398
11 years$5,931$5,304$4,736$4,223$3,761$2,837
12 years$5,381$4,761$4,203$3,704$3,259$2,385
13 years$4,916$4,302$3,755$3,270$2,842$2,016
14 years$4,518$3,911$3,374$2,903$2,491$1,712
15 years$4,174$3,572$3,046$2,589$2,194$1,460
16 years$3,872$3,278$2,762$2,318$1,939$1,248
17 years$3,607$3,019$2,513$2,083$1,719$1,070
18 years$3,371$2,789$2,294$1,877$1,528$920
19 years$3,160$2,585$2,100$1,696$1,362$792
20 years$2,970$2,402$1,927$1,536$1,217$683
21 years$2,799$2,238$1,773$1,394$1,089$590
22 years$2,644$2,089$1,634$1,268$976$510
23 years$2,502$1,953$1,509$1,154$876$441
24 years$2,372$1,830$1,395$1,053$788$382
25 years$2,253$1,718$1,292$962$709$331
26 years$2,144$1,614$1,199$879$638$287
27 years$2,042$1,519$1,113$805$576$249
28 years$1,948$1,432$1,035$737$519$217
29 years$1,861$1,351$963$676$469$188
30 years$1,779$1,275$897$620$424$163
31 years$1,703$1,206$836$570$383$142
32 years$1,632$1,141$780$524$346$124
33 years$1,565$1,080$728$482$314$107
34 years$1,503$1,024$681$443$284$93
35 years$1,444$971$636$408$257$81
36 years$1,388$922$595$376$233$71
37 years$1,336$876$557$346$211$62
38 years$1,286$832$522$319$191$54
39 years$1,239$791$489$294$174$47
40 years$1,195$753$458$271$157$41
41 years$1,153$717$430$250$143$35
42 years$1,113$682$403$231$130$31
43 years$1,075$650$378$213$118$27
44 years$1,038$620$355$197$107$23
45 years$1,004$591$333$182$97$20
46 years$971$564$313$168$88$18
47 years$940$538$294$155$80$15
48 years$910$514$276$143$73$13
49 years$881$490$260$133$66$12
50 years$853$469$244$123$60$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $874,000, adding $3,887 every year, while hoping to spend $29,509 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: 70/18/12 Blend
49$874,000$874,000$874,000$874,000
50$967,157$920,835$907,288$1,032,122
51$1,034,410$934,559$906,285$1,089,450
52$1,107,534$947,966$904,259$1,148,221
53$1,187,096$961,010$901,146$1,211,758
54$1,273,720$973,641$896,875$1,280,524
55$1,368,096$985,805$891,376$1,355,031
56$1,470,977$997,445$884,573$1,435,843
57$1,583,198$1,008,501$876,388$1,523,580
58$1,705,674$1,018,907$866,737$1,618,926
59$1,839,414$1,028,595$855,533$1,722,636
60$1,985,528$1,037,490$842,687$1,835,542
61$2,145,238$1,045,513$828,103$1,958,558
62$2,319,889$1,052,580$811,682$2,092,696
63$2,510,965$1,058,603$793,320$2,239,068
64$2,720,094$1,063,486$772,907$2,398,902
65$2,949,075$1,067,128$750,331$2,573,551
66$3,199,885$1,069,421$725,471$2,764,504
67$3,474,703$1,070,253$698,204$2,973,407
68$3,775,928$1,069,500$668,399$3,202,070
69$4,106,202$1,067,035$635,920$3,452,491
70$4,468,436$1,062,721$600,624$3,726,872
71$4,865,834$1,056,412$562,363$4,027,639
72$5,301,928$1,047,956$520,982$4,357,468
73$5,780,607$1,037,188$476,317$4,719,308
74$6,306,155$1,023,936$428,199$5,116,410
75$6,883,290$1,008,016$376,451$5,552,358
76$7,517,210$989,234$320,887$6,031,103
77$8,213,644$967,384$261,315$6,556,998
78$8,978,898$942,248$197,531$7,134,845
79$9,819,923$913,596$129,326$7,769,936
80$10,744,376$881,183$56,479$8,468,103
81$11,760,692$844,750$0$9,235,776
82$12,878,164$804,025$0$10,082,765
83$14,107,032$758,717$0$11,022,056
84$15,458,576$708,521$0$12,055,053
85$16,945,226$653,114$0$13,191,283
86$18,580,675$592,152$0$14,441,244
87$20,380,011$525,275$0$15,816,508
88$22,359,859$452,100$0$17,329,826
89$24,538,535$372,224$0$18,995,251
90$26,936,223$285,220$0$20,828,271
91$29,575,159$190,637$0$22,845,956
92$32,479,848$88,001$0$25,067,117
93$35,677,288$0$0$27,512,486
94$39,197,227$0$0$30,209,505
95$43,072,448$0$0$33,197,992
96$47,339,070$0$0$36,488,380
97$52,036,895$0$0$40,111,369
98$57,209,778$0$0$44,100,789
99$62,906,047$0$0$48,493,920
100$69,178,953$0$0$53,331,838