Can I retire at age 50 with 877,000?

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 $877,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$72,422$71,777$71,147$70,533$69,933$67,586
2 years$35,852$35,185$34,538$33,910$33,302$30,960
3 years$23,664$22,994$22,348$21,727$21,128$18,866
4 years$17,571$16,903$16,264$15,653$15,069$12,903
5 years$13,916$13,252$12,621$12,023$11,455$9,391
6 years$11,481$10,821$10,200$9,615$9,064$7,104
7 years$9,742$9,088$8,476$7,905$7,371$5,515
8 years$8,438$7,790$7,188$6,631$6,115$4,361
9 years$7,424$6,782$6,191$5,648$5,150$3,496
10 years$6,614$5,978$5,398$4,869$4,388$2,831
11 years$5,951$5,322$4,752$4,237$3,774$2,311
12 years$5,400$4,777$4,217$3,717$3,270$1,899
13 years$4,933$4,317$3,768$3,281$2,852$1,568
14 years$4,534$3,924$3,386$2,913$2,500$1,300
15 years$4,188$3,585$3,057$2,598$2,201$1,081
16 years$3,885$3,289$2,771$2,326$1,945$902
17 years$3,619$3,029$2,522$2,090$1,725$754
18 years$3,382$2,799$2,302$1,883$1,534$631
19 years$3,171$2,594$2,107$1,702$1,367$529
20 years$2,981$2,410$1,934$1,541$1,221$445
21 years$2,809$2,245$1,779$1,399$1,093$374
22 years$2,653$2,096$1,640$1,272$979$314
23 years$2,511$1,960$1,514$1,158$879$265
24 years$2,381$1,837$1,400$1,056$790$223
25 years$2,261$1,724$1,297$965$711$188
26 years$2,151$1,620$1,203$882$641$159
27 years$2,049$1,524$1,117$807$577$134
28 years$1,955$1,436$1,038$740$521$113
29 years$1,867$1,355$966$678$471$95
30 years$1,785$1,280$900$623$425$80
31 years$1,709$1,210$839$572$384$68
32 years$1,638$1,145$783$526$348$57
33 years$1,571$1,084$731$483$315$48
34 years$1,508$1,027$683$445$285$41
35 years$1,449$975$638$409$258$35
36 years$1,393$925$597$377$234$29
37 years$1,340$879$559$347$212$25
38 years$1,291$835$524$320$192$21
39 years$1,244$794$490$295$174$18
40 years$1,199$755$460$272$158$15
41 years$1,157$719$431$251$143$13
42 years$1,117$685$404$232$130$11
43 years$1,078$652$379$214$118$9
44 years$1,042$622$356$198$107$8
45 years$1,007$593$334$182$97$6
46 years$974$566$314$169$88$5
47 years$943$540$295$156$80$5
48 years$913$515$277$144$73$4
49 years$884$492$261$133$66$3
50 years$856$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 $877,000, adding $5,534 every year, while hoping to spend $47,295 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: 37/33/30 Blend
49$877,000$877,000$877,000$877,000
50$972,162$925,681$912,088$999,260
51$1,021,001$920,718$892,321$1,014,911
52$1,073,237$913,927$870,307$1,027,134
53$1,129,165$905,167$845,921$1,039,450
54$1,189,112$894,292$819,031$1,051,899
55$1,253,433$881,145$789,501$1,064,529
56$1,322,521$865,558$757,186$1,077,399
57$1,396,805$847,357$721,939$1,090,577
58$1,476,756$826,355$683,601$1,104,141
59$1,562,893$802,354$642,009$1,118,185
60$1,655,784$775,146$596,993$1,132,814
61$1,756,055$744,509$548,373$1,148,152
62$1,864,392$710,209$495,963$1,164,340
63$1,981,550$671,999$439,567$1,181,540
64$2,108,357$629,616$378,982$1,199,936
65$2,245,727$582,785$313,996$1,219,739
66$2,394,662$531,212$244,385$1,241,186
67$2,556,264$474,588$169,918$1,264,549
68$2,731,746$412,586$90,354$1,290,134
69$2,922,441$344,860$5,438$1,318,287
70$3,129,818$271,045$0$1,349,398
71$3,355,489$190,756$0$1,411,174
72$3,601,231$103,585$0$1,480,472
73$3,868,998$9,103$0$1,556,196
74$4,160,941$0$0$1,639,066
75$4,479,428$0$0$1,763,705
76$4,827,064$0$0$1,903,473
77$5,206,717$0$0$2,056,235
78$5,621,544$0$0$2,223,273
79$6,075,021$0$0$2,406,005
80$6,570,976$0$0$2,605,989
81$7,113,621$0$0$2,824,939
82$7,707,598$0$0$3,064,746
83$8,358,013$0$0$3,327,492
84$9,070,495$0$0$3,615,466
85$9,851,239$0$0$3,931,194
86$10,707,069$0$0$4,277,455
87$11,645,499$0$0$4,657,311
88$12,674,809$0$0$5,074,135
89$13,804,114$0$0$5,531,640
90$15,043,458$0$0$6,033,919
91$16,403,901$0$0$6,585,480
92$17,897,629$0$0$7,191,286
93$19,538,063$0$0$7,856,809
94$21,339,991$0$0$8,588,073
95$23,319,700$0$0$9,391,717
96$25,495,135$0$0$10,275,054
97$27,886,064$0$0$11,246,141
98$30,514,267$0$0$12,313,855
99$33,403,736$0$0$13,487,974
100$36,580,908$0$0$14,779,274