Can I retire at age 50 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$72,339$71,695$71,066$70,453$69,853$67,644
2 years$35,812$35,145$34,498$33,871$33,264$31,058
3 years$23,637$22,967$22,323$21,702$21,104$18,971
4 years$17,551$16,883$16,245$15,635$15,051$13,008
5 years$13,901$13,237$12,607$12,009$11,442$9,493
6 years$11,468$10,809$10,188$9,604$9,054$7,200
7 years$9,730$9,077$8,466$7,896$7,363$5,606
8 years$8,428$7,781$7,180$6,624$6,108$4,446
9 years$7,416$6,775$6,184$5,642$5,144$3,575
10 years$6,606$5,972$5,392$4,863$4,383$2,904
11 years$5,945$5,316$4,747$4,233$3,770$2,379
12 years$5,394$4,771$4,213$3,713$3,267$1,961
13 years$4,928$4,312$3,764$3,278$2,849$1,625
14 years$4,529$3,919$3,382$2,909$2,497$1,352
15 years$4,183$3,581$3,053$2,595$2,199$1,128
16 years$3,881$3,285$2,768$2,323$1,943$944
17 years$3,615$3,025$2,519$2,087$1,723$792
18 years$3,378$2,796$2,299$1,881$1,532$666
19 years$3,167$2,591$2,105$1,700$1,365$561
20 years$2,977$2,408$1,932$1,540$1,220$473
21 years$2,806$2,243$1,777$1,397$1,091$399
22 years$2,650$2,093$1,638$1,270$978$337
23 years$2,508$1,958$1,512$1,157$878$285
24 years$2,378$1,834$1,399$1,055$789$241
25 years$2,258$1,722$1,295$964$710$204
26 years$2,148$1,618$1,201$881$640$173
27 years$2,047$1,523$1,116$807$577$146
28 years$1,952$1,435$1,037$739$520$124
29 years$1,865$1,354$965$678$470$105
30 years$1,783$1,278$899$622$425$89
31 years$1,707$1,208$838$571$384$75
32 years$1,636$1,143$782$525$347$64
33 years$1,569$1,083$730$483$314$54
34 years$1,506$1,026$682$444$285$46
35 years$1,447$973$638$409$258$39
36 years$1,391$924$597$377$234$33
37 years$1,339$878$558$347$212$28
38 years$1,289$834$523$320$192$24
39 years$1,242$793$490$295$174$20
40 years$1,198$754$459$272$158$17
41 years$1,155$718$431$251$143$15
42 years$1,115$684$404$232$130$12
43 years$1,077$652$379$214$118$11
44 years$1,041$621$356$197$107$9
45 years$1,006$592$334$182$97$8
46 years$973$565$314$168$88$6
47 years$942$539$295$156$80$5
48 years$912$515$277$144$73$5
49 years$883$492$260$133$66$4
50 years$855$470$245$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $876,000, adding $4,893 every year, while hoping to spend $28,266 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: 42/48/10 Blend
49$876,000$876,000$876,000$876,000
50$970,399$923,971$910,393$1,008,115
51$1,039,305$939,171$910,816$1,050,153
52$1,114,292$954,168$910,307$1,092,424
53$1,195,950$968,923$908,803$1,137,561
54$1,284,930$983,393$906,240$1,185,836
55$1,381,946$997,532$902,552$1,237,549
56$1,487,785$1,011,292$897,668$1,293,034
57$1,603,313$1,024,619$891,514$1,352,657
58$1,729,484$1,037,458$884,013$1,416,823
59$1,867,347$1,049,750$875,083$1,485,980
60$2,018,059$1,061,430$864,641$1,560,621
61$2,182,890$1,072,429$852,595$1,641,293
62$2,363,243$1,082,676$838,855$1,728,597
63$2,560,658$1,092,092$823,322$1,823,197
64$2,776,836$1,100,595$805,894$1,925,829
65$3,013,646$1,108,097$786,464$2,037,303
66$3,273,149$1,114,504$764,921$2,158,512
67$3,557,612$1,119,717$741,148$2,290,446
68$3,869,534$1,123,629$715,022$2,434,194
69$4,211,667$1,126,127$686,416$2,590,961
70$4,587,042$1,127,093$655,196$2,762,074
71$4,998,998$1,126,398$621,223$2,949,002
72$5,451,212$1,123,907$584,349$3,153,362
73$5,947,734$1,119,477$544,424$3,376,942
74$6,493,027$1,112,956$501,286$3,621,715
75$7,092,007$1,104,182$454,771$3,889,856
76$7,750,089$1,092,984$404,702$4,183,769
77$8,473,238$1,079,180$350,900$4,506,103
78$9,268,026$1,062,578$293,173$4,859,786
79$10,141,694$1,042,974$231,324$5,248,043
80$11,102,219$1,020,151$165,145$5,674,439
81$12,158,388$993,882$94,420$6,142,902
82$13,319,885$963,923$18,924$6,657,769
83$14,597,376$930,018$0$7,223,824
84$16,002,616$891,896$0$7,852,923
85$17,548,553$849,270$0$8,546,893
86$19,249,457$801,836$0$9,310,164
87$21,121,049$749,273$0$10,149,850
88$23,180,649$691,240$0$11,073,797
89$25,447,344$627,380$0$12,090,659
90$27,942,163$557,311$0$13,209,977
91$30,688,278$480,634$0$14,442,274
92$33,711,222$396,924$0$15,799,153
93$37,039,127$305,734$0$17,293,411
94$40,702,993$206,590$0$18,939,157
95$44,736,979$98,994$0$20,751,948
96$49,178,723$0$0$22,748,942
97$54,069,700$0$0$24,958,339
98$59,455,611$0$0$27,449,035
99$65,386,815$0$0$30,192,047
100$71,918,804$0$0$33,213,058