Can I retire at age 50 with 843,000?

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 $843,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$69,614$68,994$68,389$67,799$67,222$64,580
2 years$34,462$33,821$33,199$32,595$32,010$29,381
3 years$22,747$22,102$21,482$20,884$20,309$17,775
4 years$16,890$16,247$15,633$15,046$14,484$12,065
5 years$13,377$12,738$12,132$11,557$11,011$8,712
6 years$11,036$10,402$9,804$9,242$8,712$6,536
7 years$9,364$8,735$8,148$7,598$7,086$5,031
8 years$8,111$7,488$6,910$6,374$5,878$3,943
9 years$7,137$6,519$5,951$5,429$4,950$3,132
10 years$6,358$5,747$5,189$4,680$4,218$2,513
11 years$5,721$5,116$4,568$4,073$3,628$2,031
12 years$5,190$4,592$4,054$3,573$3,144$1,652
13 years$4,742$4,150$3,622$3,154$2,741$1,350
14 years$4,358$3,772$3,254$2,800$2,403$1,108
15 years$4,025$3,446$2,938$2,497$2,116$912
16 years$3,735$3,161$2,664$2,236$1,870$752
17 years$3,479$2,911$2,424$2,009$1,658$622
18 years$3,251$2,690$2,213$1,810$1,474$515
19 years$3,048$2,493$2,026$1,636$1,314$427
20 years$2,865$2,317$1,859$1,482$1,174$354
21 years$2,700$2,158$1,710$1,345$1,050$294
22 years$2,550$2,015$1,576$1,223$941$245
23 years$2,413$1,884$1,455$1,113$845$204
24 years$2,288$1,765$1,346$1,015$760$170
25 years$2,173$1,657$1,247$927$684$141
26 years$2,067$1,557$1,156$848$616$118
27 years$1,970$1,465$1,074$776$555$98
28 years$1,879$1,381$998$711$501$82
29 years$1,795$1,303$929$652$452$68
30 years$1,716$1,230$865$598$409$57
31 years$1,643$1,163$806$550$369$47
32 years$1,574$1,100$752$505$334$40
33 years$1,510$1,042$703$465$302$33
34 years$1,449$988$656$427$274$28
35 years$1,392$937$614$393$248$23
36 years$1,339$889$574$362$225$19
37 years$1,288$844$537$334$204$16
38 years$1,241$803$503$308$185$13
39 years$1,195$763$471$284$167$11
40 years$1,153$726$442$262$152$9
41 years$1,112$691$414$241$138$8
42 years$1,073$658$389$223$125$6
43 years$1,037$627$365$206$113$5
44 years$1,002$598$342$190$103$5
45 years$968$570$321$175$94$4
46 years$937$544$302$162$85$3
47 years$906$519$284$150$77$3
48 years$877$495$267$138$70$2
49 years$850$473$251$128$64$2
50 years$823$452$236$118$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $843,000, adding $6,872 every year, while hoping to spend $21,445 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: 68/16/16 Blend
49$843,000$843,000$843,000$843,000
50$936,074$891,395$878,329$995,724
51$1,008,737$912,257$884,936$1,057,237
52$1,088,092$933,421$891,045$1,121,324
53$1,174,800$954,881$896,618$1,190,884
54$1,269,587$976,628$901,612$1,266,453
55$1,373,254$998,652$905,985$1,348,622
56$1,486,681$1,020,941$909,691$1,438,041
57$1,610,839$1,043,483$912,681$1,535,426
58$1,746,795$1,066,264$914,907$1,641,569
59$1,895,725$1,089,269$916,313$1,757,339
60$2,058,925$1,112,479$916,846$1,883,694
61$2,237,821$1,135,876$916,446$2,021,691
62$2,433,985$1,159,440$915,053$2,172,494
63$2,649,146$1,183,147$912,602$2,337,385
64$2,885,211$1,206,974$909,026$2,517,776
65$3,144,279$1,230,892$904,255$2,715,225
66$3,428,662$1,254,872$898,214$2,931,448
67$3,740,908$1,278,883$890,827$3,168,336
68$4,083,823$1,302,890$882,011$3,427,971
69$4,460,497$1,326,856$871,683$3,712,651
70$4,874,335$1,350,740$859,752$4,024,904
71$5,329,090$1,374,499$846,126$4,367,521
72$5,828,893$1,398,085$830,707$4,743,573
73$6,378,297$1,421,448$813,393$5,156,446
74$6,982,319$1,444,535$794,077$5,609,874
75$7,646,484$1,467,285$772,647$6,107,969
76$8,376,880$1,489,638$748,987$6,655,263
77$9,180,217$1,511,525$722,972$7,256,752
78$10,063,884$1,532,875$694,477$7,917,941
79$11,036,025$1,553,610$663,367$8,644,897
80$12,105,611$1,573,649$629,501$9,444,307
81$13,282,529$1,592,903$592,734$10,323,539
82$14,577,669$1,611,277$552,913$11,290,716
83$16,003,034$1,628,673$509,879$12,354,786
84$17,571,847$1,644,981$463,463$13,525,613
85$19,298,679$1,660,089$413,493$14,814,070
86$21,199,584$1,673,873$359,785$16,232,135
87$23,292,254$1,686,205$302,150$17,793,013
88$25,596,181$1,696,946$240,389$19,511,255
89$28,132,844$1,705,949$174,295$21,402,898
90$30,925,911$1,713,058$103,651$23,485,615
91$34,001,462$1,718,106$28,231$25,778,884
92$37,388,234$1,720,916$0$28,304,172
93$41,117,893$1,721,300$0$31,094,057
94$45,225,334$1,719,059$0$34,171,414
95$49,749,005$1,713,980$0$37,560,194
96$54,731,278$1,705,840$0$41,292,111
97$60,218,841$1,694,399$0$45,402,111
98$66,263,142$1,679,403$0$49,928,703
99$72,920,874$1,660,586$0$54,914,327
100$80,254,510$1,637,661$0$60,405,749