Can I retire at age 50 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$69,284$68,667$68,065$67,477$66,903$66,260
2 years$34,299$33,660$33,041$32,441$31,859$31,210
3 years$22,639$21,997$21,380$20,785$20,212$19,579
4 years$16,810$16,170$15,559$14,975$14,416$13,803
5 years$13,313$12,678$12,074$11,502$10,959$10,368
6 years$10,983$10,352$9,758$9,198$8,671$8,103
7 years$9,320$8,694$8,109$7,562$7,052$6,507
8 years$8,072$7,452$6,877$6,344$5,850$5,328
9 years$7,103$6,489$5,923$5,404$4,927$4,428
10 years$6,327$5,719$5,164$4,658$4,198$3,721
11 years$5,694$5,092$4,546$4,054$3,610$3,156
12 years$5,166$4,570$4,035$3,556$3,129$2,696
13 years$4,720$4,130$3,605$3,139$2,728$2,317
14 years$4,337$3,754$3,239$2,787$2,392$2,001
15 years$4,006$3,429$2,924$2,485$2,106$1,735
16 years$3,717$3,146$2,651$2,225$1,861$1,510
17 years$3,462$2,898$2,413$1,999$1,650$1,318
18 years$3,236$2,678$2,202$1,802$1,467$1,153
19 years$3,033$2,482$2,016$1,628$1,308$1,011
20 years$2,851$2,306$1,850$1,475$1,168$888
21 years$2,687$2,148$1,702$1,338$1,045$782
22 years$2,538$2,005$1,569$1,217$937$689
23 years$2,402$1,875$1,448$1,108$841$608
24 years$2,277$1,757$1,339$1,011$756$537
25 years$2,163$1,649$1,241$923$680$474
26 years$2,058$1,550$1,151$844$613$420
27 years$1,960$1,458$1,068$772$552$372
28 years$1,870$1,374$993$708$498$329
29 years$1,786$1,296$924$649$450$292
30 years$1,708$1,224$861$596$407$259
31 years$1,635$1,157$803$547$368$230
32 years$1,567$1,095$749$503$333$204
33 years$1,503$1,037$699$462$301$181
34 years$1,442$983$653$425$273$161
35 years$1,386$932$611$392$247$143
36 years$1,333$885$571$361$224$127
37 years$1,282$840$535$332$203$113
38 years$1,235$799$501$306$184$100
39 years$1,190$760$469$282$167$89
40 years$1,147$723$440$260$151$79
41 years$1,107$688$412$240$137$71
42 years$1,068$655$387$222$124$63
43 years$1,032$624$363$205$113$56
44 years$997$595$341$189$103$50
45 years$964$567$320$175$93$44
46 years$932$541$300$161$84$39
47 years$902$517$282$149$77$35
48 years$873$493$265$138$70$31
49 years$846$471$249$127$63$28
50 years$819$450$234$118$57$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $839,000, adding $5,825 every year, while hoping to spend $27,463 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: 43/33/24 Blend
49$839,000$839,000$839,000$839,000
50$930,586$886,119$873,115$963,874
51$996,286$900,319$873,144$1,002,327
52$1,067,766$914,294$872,253$1,040,878
53$1,145,588$928,004$870,384$1,082,102
54$1,230,368$941,406$867,472$1,126,260
55$1,322,786$954,455$863,452$1,173,642
56$1,423,588$967,102$858,256$1,224,568
57$1,533,598$979,293$851,811$1,279,392
58$1,653,719$990,973$844,041$1,338,504
59$1,784,950$1,002,082$834,868$1,402,337
60$1,928,386$1,012,555$824,207$1,471,367
61$2,085,236$1,022,325$811,972$1,546,122
62$2,256,829$1,031,318$798,073$1,627,184
63$2,444,631$1,039,458$782,413$1,715,197
64$2,650,252$1,046,660$764,893$1,810,872
65$2,875,470$1,052,838$745,409$1,914,993
66$3,122,239$1,057,898$723,851$2,028,428
67$3,392,712$1,061,741$700,105$2,152,134
68$3,689,262$1,064,259$674,052$2,287,170
69$4,014,501$1,065,342$645,567$2,434,703
70$4,371,305$1,064,869$614,519$2,596,023
71$4,762,844$1,062,714$580,771$2,772,554
72$5,192,609$1,058,741$544,181$2,965,868
73$5,664,444$1,052,809$504,601$3,177,701
74$6,182,586$1,044,764$461,873$3,409,968
75$6,751,699$1,034,447$415,835$3,664,786
76$7,376,925$1,021,687$366,318$3,944,487
77$8,063,924$1,006,304$313,143$4,251,650
78$8,818,937$988,104$256,125$4,589,118
79$9,648,834$966,887$195,071$4,960,029
80$10,561,187$942,436$129,778$5,367,846
81$11,564,337$914,525$60,035$5,816,392
82$12,667,475$882,912$0$6,309,883
83$13,880,725$847,343$0$6,856,658
84$15,215,244$807,548$0$7,474,810
85$16,683,323$763,241$0$8,154,675
86$18,298,503$714,121$0$8,902,565
87$20,075,706$659,869$0$9,725,440
88$22,031,373$600,148$0$10,630,973
89$24,183,618$534,600$0$11,627,623
90$26,552,401$462,850$0$12,724,718
91$29,159,715$384,498$0$13,932,542
92$32,029,792$299,125$0$15,262,430
93$35,189,335$206,285$0$16,726,882
94$38,667,764$105,511$0$18,339,676
95$42,497,501$0$0$20,116,003
96$46,714,268$0$0$22,073,950
97$51,357,428$0$0$24,272,203
98$56,470,358$0$0$26,692,999
99$62,100,853$0$0$29,358,984
100$68,301,579$0$0$32,295,115