Can I retire at age 50 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$70,192$69,567$68,957$68,362$67,780$66,767
2 years$34,749$34,101$33,474$32,866$32,276$31,258
3 years$22,936$22,286$21,660$21,058$20,477$19,486
4 years$17,030$16,382$15,763$15,171$14,605$13,647
5 years$13,488$12,844$12,233$11,653$11,102$10,181
6 years$11,127$10,488$9,886$9,319$8,785$7,902
7 years$9,442$8,808$8,215$7,661$7,144$6,299
8 years$8,178$7,550$6,967$6,427$5,927$5,120
9 years$7,196$6,574$6,001$5,474$4,991$4,222
10 years$6,410$5,794$5,232$4,719$4,253$3,521
11 years$5,768$5,158$4,606$4,107$3,658$2,962
12 years$5,234$4,630$4,088$3,602$3,170$2,509
13 years$4,781$4,184$3,652$3,180$2,764$2,138
14 years$4,394$3,803$3,281$2,823$2,423$1,830
15 years$4,059$3,474$2,963$2,518$2,133$1,573
16 years$3,766$3,188$2,686$2,254$1,885$1,357
17 years$3,507$2,936$2,444$2,026$1,672$1,173
18 years$3,278$2,713$2,231$1,825$1,486$1,017
19 years$3,073$2,514$2,043$1,649$1,325$884
20 years$2,889$2,336$1,875$1,494$1,183$769
21 years$2,722$2,176$1,724$1,356$1,059$670
22 years$2,571$2,031$1,589$1,233$949$585
23 years$2,433$1,900$1,467$1,123$852$511
24 years$2,307$1,780$1,357$1,024$766$447
25 years$2,191$1,670$1,257$935$689$391
26 years$2,085$1,570$1,166$855$621$342
27 years$1,986$1,478$1,082$783$560$300
28 years$1,894$1,392$1,006$717$505$263
29 years$1,809$1,313$936$658$456$231
30 years$1,730$1,240$872$603$412$202
31 years$1,656$1,173$813$554$373$178
32 years$1,587$1,109$759$509$337$156
33 years$1,522$1,051$708$468$305$137
34 years$1,461$996$662$431$276$120
35 years$1,404$945$619$397$250$106
36 years$1,350$897$579$365$227$93
37 years$1,299$851$542$337$205$82
38 years$1,251$809$507$310$186$72
39 years$1,205$769$475$286$169$63
40 years$1,162$732$446$264$153$56
41 years$1,121$697$418$243$139$49
42 years$1,082$664$392$225$126$43
43 years$1,045$632$368$207$114$38
44 years$1,010$603$345$192$104$33
45 years$976$575$324$177$94$29
46 years$944$548$304$163$86$26
47 years$914$523$286$151$78$23
48 years$885$500$269$139$71$20
49 years$857$477$253$129$64$18
50 years$830$456$238$119$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $850,000, adding $3,314 every year, while hoping to spend $46,275 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: 46/25/29 Blend
49$850,000$850,000$850,000$850,000
50$940,118$895,068$881,893$975,378
51$986,774$889,691$862,201$995,343
52$1,036,638$882,498$840,297$1,012,276
53$1,089,988$873,354$816,060$1,029,768
54$1,147,130$862,111$789,361$1,047,897
55$1,208,398$848,615$760,065$1,066,753
56$1,274,159$832,702$728,032$1,086,435
57$1,344,817$814,198$693,115$1,107,060
58$1,420,814$792,919$655,160$1,128,757
59$1,502,636$768,671$614,007$1,151,674
60$1,590,815$741,247$569,487$1,175,976
61$1,685,939$710,429$521,425$1,201,850
62$1,788,651$675,985$469,639$1,229,508
63$1,899,657$637,673$413,936$1,259,188
64$2,019,737$595,233$354,117$1,291,155
65$2,149,743$548,392$289,972$1,325,708
66$2,290,615$496,862$221,285$1,363,184
67$2,443,387$440,337$147,827$1,403,957
68$2,609,194$378,495$69,361$1,448,448
69$2,789,285$310,996$0$1,497,126
70$2,985,036$237,478$0$1,554,965
71$3,197,957$157,562$0$1,641,296
72$3,429,713$70,846$0$1,735,371
73$3,682,132$0$0$1,838,005
74$3,957,231$0$0$1,956,455
75$4,257,224$0$0$2,106,967
76$4,584,551$0$0$2,271,286
77$4,941,898$0$0$2,450,772
78$5,332,221$0$0$2,646,921
79$5,758,774$0$0$2,861,383
80$6,225,139$0$0$3,095,970
81$6,735,261$0$0$3,352,681
82$7,293,482$0$0$3,633,716
83$7,904,586$0$0$3,941,496
84$8,573,839$0$0$4,278,691
85$9,307,039$0$0$4,648,236
86$10,110,573$0$0$5,053,369
87$10,991,476$0$0$5,497,652
88$11,957,494$0$0$5,985,010
89$13,017,160$0$0$6,519,767
90$14,179,872$0$0$7,106,684
91$15,455,982$0$0$7,751,006
92$16,856,893$0$0$8,458,511
93$18,395,165$0$0$9,235,565
94$20,084,635$0$0$10,089,178
95$21,940,546$0$0$11,027,074
96$23,979,689$0$0$12,057,763
97$26,220,563$0$0$13,190,619
98$28,683,546$0$0$14,435,970
99$31,391,092$0$0$15,805,194
100$34,367,934$0$0$17,310,826