Can I retire at age 50 with 849,000?

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 $849,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$70,110$69,485$68,876$68,281$67,700$66,037
2 years$34,708$34,061$33,435$32,827$32,238$30,573
3 years$22,909$22,259$21,635$21,033$20,453$18,838
4 years$17,010$16,363$15,744$15,153$14,587$13,034
5 years$13,472$12,829$12,218$11,639$11,089$9,602
6 years$11,114$10,476$9,874$9,308$8,774$7,356
7 years$9,431$8,797$8,206$7,652$7,136$5,786
8 years$8,168$7,541$6,959$6,419$5,920$4,637
9 years$7,187$6,566$5,994$5,468$4,985$3,770
10 years$6,403$5,787$5,225$4,713$4,248$3,097
11 years$5,761$5,152$4,600$4,102$3,653$2,566
12 years$5,227$4,624$4,083$3,598$3,166$2,141
13 years$4,776$4,179$3,648$3,177$2,761$1,795
14 years$4,389$3,799$3,277$2,820$2,420$1,512
15 years$4,054$3,470$2,959$2,515$2,131$1,278
16 years$3,761$3,184$2,683$2,252$1,883$1,084
17 years$3,503$2,932$2,441$2,023$1,670$921
18 years$3,274$2,709$2,229$1,823$1,485$785
19 years$3,070$2,511$2,040$1,647$1,323$670
20 years$2,885$2,333$1,872$1,492$1,182$572
21 years$2,719$2,174$1,722$1,354$1,058$490
22 years$2,568$2,029$1,587$1,231$948$420
23 years$2,431$1,898$1,466$1,121$851$360
24 years$2,305$1,778$1,355$1,023$765$309
25 years$2,189$1,668$1,255$934$688$265
26 years$2,082$1,568$1,164$854$620$228
27 years$1,984$1,476$1,081$782$559$196
28 years$1,892$1,391$1,005$716$504$168
29 years$1,807$1,312$935$657$455$145
30 years$1,728$1,239$871$603$412$125
31 years$1,654$1,171$812$554$372$107
32 years$1,585$1,108$758$509$337$92
33 years$1,520$1,049$708$468$305$79
34 years$1,460$995$661$430$276$68
35 years$1,402$943$618$396$250$59
36 years$1,348$895$578$365$226$51
37 years$1,298$850$541$336$205$44
38 years$1,249$808$507$310$186$38
39 years$1,204$769$475$286$169$32
40 years$1,161$731$445$264$153$28
41 years$1,120$696$417$243$139$24
42 years$1,081$663$391$224$126$21
43 years$1,044$632$367$207$114$18
44 years$1,009$602$345$191$104$15
45 years$975$574$324$177$94$13
46 years$943$548$304$163$86$11
47 years$913$523$286$151$78$10
48 years$884$499$268$139$71$9
49 years$856$476$252$129$64$7
50 years$829$455$237$119$58$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $849,000, adding $4,561 every year, while hoping to spend $28,738 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: 50/41/9 Blend
49$849,000$849,000$849,000$849,000
50$940,303$895,306$882,146$984,873
51$1,005,637$908,599$881,121$1,029,108
52$1,076,671$921,580$879,098$1,073,715
53$1,153,958$934,203$876,015$1,121,516
54$1,238,103$946,421$871,802$1,172,819
55$1,329,774$958,180$866,392$1,227,962
56$1,429,705$969,425$859,710$1,287,319
57$1,538,704$980,096$851,680$1,351,304
58$1,657,661$990,130$842,220$1,420,371
59$1,787,555$999,458$831,247$1,495,022
60$1,929,464$1,008,010$818,672$1,575,814
61$2,084,574$1,015,707$804,402$1,663,357
62$2,254,191$1,022,468$788,341$1,758,327
63$2,439,755$1,028,205$770,387$1,861,471
64$2,642,850$1,032,826$750,434$1,973,611
65$2,865,218$1,036,233$728,371$2,095,656
66$3,108,781$1,038,319$704,082$2,228,607
67$3,375,653$1,038,973$677,446$2,373,571
68$3,668,165$1,038,078$648,335$2,531,770
69$3,988,881$1,035,507$616,617$2,704,549
70$4,340,627$1,031,127$582,154$2,893,396
71$4,726,514$1,024,795$544,800$3,099,951
72$5,149,971$1,016,363$504,403$3,326,025
73$5,614,773$1,005,670$460,806$3,573,613
74$6,125,080$992,547$413,842$3,844,921
75$6,685,472$976,816$363,340$4,142,380
76$7,300,997$958,286$309,118$4,468,671
77$7,977,213$936,758$250,989$4,826,755
78$8,720,247$912,016$188,755$5,219,897
79$9,536,845$883,838$122,211$5,651,699
80$10,434,440$851,983$51,142$6,126,133
81$11,421,223$816,200$0$6,647,583
82$12,506,215$776,221$0$7,223,257
83$13,699,357$731,764$0$7,861,510
84$15,011,601$682,530$0$8,563,333
85$16,455,014$628,204$0$9,335,237
86$18,042,890$568,451$0$10,184,405
87$19,789,877$502,917$0$11,118,756
88$21,712,116$431,231$0$12,147,023
89$23,827,389$352,999$0$13,278,833
90$26,155,289$267,802$0$14,524,805
91$28,717,407$175,203$0$15,896,645
92$31,537,530$74,736$0$17,407,260
93$34,641,871$0$0$19,070,882
94$38,059,312$0$0$20,918,583
95$41,821,676$0$0$22,990,005
96$45,964,032$0$0$25,270,750
97$50,525,018$0$0$27,782,108
98$55,547,215$0$0$30,547,537
99$61,077,537$0$0$33,592,886
100$67,167,684$0$0$36,946,641