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%15.6%
1 years$70,192$69,567$68,957$68,362$67,780$66,222
2 years$34,749$34,101$33,474$32,866$32,276$30,715
3 years$22,936$22,286$21,660$21,058$20,477$18,962
4 years$17,030$16,382$15,763$15,171$14,605$13,147
5 years$13,488$12,844$12,233$11,653$11,102$9,706
6 years$11,127$10,488$9,886$9,319$8,785$7,451
7 years$9,442$8,808$8,215$7,661$7,144$5,874
8 years$8,178$7,550$6,967$6,427$5,927$4,719
9 years$7,196$6,574$6,001$5,474$4,991$3,845
10 years$6,410$5,794$5,232$4,719$4,253$3,167
11 years$5,768$5,158$4,606$4,107$3,658$2,631
12 years$5,234$4,630$4,088$3,602$3,170$2,200
13 years$4,781$4,184$3,652$3,180$2,764$1,850
14 years$4,394$3,803$3,281$2,823$2,423$1,563
15 years$4,059$3,474$2,963$2,518$2,133$1,325
16 years$3,766$3,188$2,686$2,254$1,885$1,127
17 years$3,507$2,936$2,444$2,026$1,672$960
18 years$3,278$2,713$2,231$1,825$1,486$821
19 years$3,073$2,514$2,043$1,649$1,325$702
20 years$2,889$2,336$1,875$1,494$1,183$602
21 years$2,722$2,176$1,724$1,356$1,059$517
22 years$2,571$2,031$1,589$1,233$949$444
23 years$2,433$1,900$1,467$1,123$852$382
24 years$2,307$1,780$1,357$1,024$766$329
25 years$2,191$1,670$1,257$935$689$283
26 years$2,085$1,570$1,166$855$621$244
27 years$1,986$1,478$1,082$783$560$210
28 years$1,894$1,392$1,006$717$505$181
29 years$1,809$1,313$936$658$456$157
30 years$1,730$1,240$872$603$412$135
31 years$1,656$1,173$813$554$373$117
32 years$1,587$1,109$759$509$337$101
33 years$1,522$1,051$708$468$305$87
34 years$1,461$996$662$431$276$75
35 years$1,404$945$619$397$250$65
36 years$1,350$897$579$365$227$56
37 years$1,299$851$542$337$205$49
38 years$1,251$809$507$310$186$42
39 years$1,205$769$475$286$169$36
40 years$1,162$732$446$264$153$31
41 years$1,121$697$418$243$139$27
42 years$1,082$664$392$225$126$23
43 years$1,045$632$368$207$114$20
44 years$1,010$603$345$192$104$18
45 years$976$575$324$177$94$15
46 years$944$548$304$163$86$13
47 years$914$523$286$151$78$11
48 years$885$500$269$139$71$10
49 years$857$477$253$129$64$9
50 years$830$456$238$119$58$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $850,000, adding $2,878 every year, while hoping to spend $40,146 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: 57/22/21 Blend
49$850,000$850,000$850,000$850,000
50$939,669$894,619$881,444$987,782
51$992,800$895,740$868,257$1,022,023
52$1,050,005$895,571$853,283$1,054,769
53$1,111,657$894,005$836,420$1,089,579
54$1,178,166$890,931$817,560$1,126,662
55$1,249,982$886,230$796,591$1,166,249
56$1,327,600$879,775$773,397$1,208,596
57$1,411,564$871,433$747,854$1,253,988
58$1,502,471$861,061$719,835$1,302,739
59$1,600,980$848,510$689,206$1,355,198
60$1,707,812$833,618$655,826$1,411,753
61$1,823,761$816,219$619,550$1,472,832
62$1,949,703$796,132$580,223$1,538,910
63$2,086,599$773,168$537,686$1,610,512
64$2,235,505$747,127$491,772$1,688,219
65$2,397,587$717,796$442,306$1,772,677
66$2,574,123$684,950$389,106$1,864,599
67$2,766,524$648,353$331,981$1,964,772
68$2,976,340$607,753$270,733$2,074,071
69$3,205,277$562,883$205,153$2,193,460
70$3,455,214$513,463$135,025$2,324,009
71$3,728,219$459,196$60,121$2,466,898
72$4,026,569$399,769$0$2,623,435
73$4,352,770$334,848$0$2,799,503
74$4,709,582$264,084$0$3,006,924
75$5,100,042$187,107$0$3,234,035
76$5,527,497$103,526$0$3,482,848
77$5,995,630$12,928$0$3,755,581
78$6,508,500$0$0$4,054,682
79$7,070,573$0$0$4,403,457
80$7,686,772$0$0$4,789,324
81$8,362,516$0$0$5,212,555
82$9,103,773$0$0$5,676,900
83$9,917,120$0$0$6,186,487
84$10,809,798$0$0$6,745,864
85$11,789,785$0$0$7,360,041
86$12,865,868$0$0$8,034,536
87$14,047,728$0$0$8,775,428
88$15,346,028$0$0$9,589,414
89$16,772,516$0$0$10,483,871
90$18,340,133$0$0$11,466,929
91$20,063,137$0$0$12,547,539
92$21,957,235$0$0$13,735,568
93$24,039,733$0$0$15,041,883
94$26,329,695$0$0$16,478,460
95$28,848,127$0$0$18,058,489
96$31,618,173$0$0$19,796,507
97$34,665,331$0$0$21,708,529
98$38,017,696$0$0$23,812,199
99$41,706,221$0$0$26,126,960
100$45,765,014$0$0$28,674,233