Can I retire at age 50 with 899,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $899,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$74,239$73,577$72,932$72,302$71,688$68,952
2 years$36,752$36,067$35,404$34,761$34,137$31,413
3 years$24,258$23,570$22,909$22,272$21,658$19,032
4 years$18,012$17,327$16,672$16,045$15,447$12,938
5 years$14,266$13,584$12,938$12,324$11,742$9,357
6 years$11,769$11,093$10,456$9,856$9,291$7,032
7 years$9,986$9,316$8,689$8,103$7,556$5,422
8 years$8,650$7,985$7,369$6,797$6,269$4,257
9 years$7,611$6,953$6,347$5,790$5,279$3,387
10 years$6,780$6,128$5,533$4,991$4,498$2,723
11 years$6,101$5,456$4,871$4,344$3,868$2,205
12 years$5,535$4,897$4,323$3,810$3,352$1,797
13 years$5,057$4,425$3,862$3,364$2,923$1,472
14 years$4,647$4,022$3,470$2,986$2,563$1,210
15 years$4,293$3,675$3,133$2,663$2,256$998
16 years$3,983$3,371$2,841$2,384$1,994$825
17 years$3,710$3,105$2,585$2,142$1,768$684
18 years$3,467$2,869$2,360$1,931$1,572$567
19 years$3,250$2,659$2,160$1,744$1,401$472
20 years$3,055$2,471$1,983$1,580$1,252$392
21 years$2,879$2,302$1,824$1,434$1,120$327
22 years$2,719$2,148$1,681$1,304$1,004$272
23 years$2,574$2,009$1,552$1,187$901$227
24 years$2,440$1,883$1,435$1,083$810$190
25 years$2,318$1,767$1,329$989$729$158
26 years$2,205$1,660$1,233$904$657$132
27 years$2,100$1,563$1,145$828$592$110
28 years$2,004$1,473$1,064$758$534$92
29 years$1,914$1,389$990$695$482$77
30 years$1,830$1,312$923$638$436$65
31 years$1,752$1,240$860$586$394$54
32 years$1,679$1,173$802$539$356$45
33 years$1,610$1,111$749$495$323$38
34 years$1,546$1,053$700$456$292$32
35 years$1,485$999$654$420$265$26
36 years$1,428$948$612$386$240$22
37 years$1,374$901$573$356$217$18
38 years$1,323$856$537$328$197$15
39 years$1,275$814$503$303$179$13
40 years$1,229$774$471$279$162$11
41 years$1,186$737$442$258$147$9
42 years$1,145$702$415$238$133$8
43 years$1,105$669$389$219$121$6
44 years$1,068$638$365$203$110$5
45 years$1,033$608$343$187$100$4
46 years$999$580$322$173$91$4
47 years$966$553$302$160$82$3
48 years$936$528$284$148$75$3
49 years$906$505$267$136$68$2
50 years$878$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $899,000, adding $6,905 every year, while hoping to spend $53,813 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: 63/20/17 Blend
49$899,000$899,000$899,000$899,000
50$997,821$950,174$936,239$1,056,018
51$1,042,342$939,475$910,346$1,085,268
52$1,089,600$926,449$881,783$1,110,470
53$1,139,819$910,925$850,402$1,136,713
54$1,193,241$892,721$816,051$1,164,100
55$1,250,132$871,645$778,569$1,192,748
56$1,310,785$847,495$737,791$1,222,789
57$1,375,518$820,055$693,540$1,254,367
58$1,444,681$789,098$645,634$1,287,646
59$1,518,659$754,384$593,882$1,322,808
60$1,597,870$715,657$538,086$1,360,058
61$1,682,777$672,648$478,035$1,399,622
62$1,773,885$625,072$413,514$1,441,753
63$1,871,748$572,628$344,294$1,486,734
64$1,976,978$514,998$270,139$1,534,879
65$2,090,241$451,845$190,801$1,586,540
66$2,212,273$382,812$106,020$1,642,105
67$2,343,880$307,526$15,527$1,702,010
68$2,485,949$225,588$0$1,766,736
69$2,639,454$136,579$0$1,851,521
70$2,805,463$40,057$0$1,946,222
71$2,985,155$0$0$2,048,738
72$3,179,821$0$0$2,174,046
73$3,390,884$0$0$2,319,521
74$3,619,907$0$0$2,477,432
75$3,868,609$0$0$2,648,971
76$4,138,883$0$0$2,835,450
77$4,432,809$0$0$3,038,313
78$4,752,675$0$0$3,259,149
79$5,101,001$0$0$3,499,703
80$5,480,558$0$0$3,761,900
81$5,894,396$0$0$4,047,856
82$6,345,872$0$0$4,359,900
83$6,838,682$0$0$4,700,596
84$7,376,893$0$0$5,072,767
85$7,964,983$0$0$5,479,519
86$8,607,880$0$0$5,924,275
87$9,311,013$0$0$6,410,799
88$10,080,357$0$0$6,943,239
89$10,922,491$0$0$7,526,162
90$11,844,663$0$0$8,164,598
91$12,854,851$0$0$8,864,082
92$13,961,842$0$0$9,630,715
93$15,175,313$0$0$10,471,213
94$16,505,924$0$0$11,392,974
95$17,965,412$0$0$12,404,146
96$19,566,709$0$0$13,513,704
97$21,324,056$0$0$14,731,534
98$23,253,142$0$0$16,068,524
99$25,371,245$0$0$17,536,670
100$27,697,404$0$0$19,149,185