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%11%
1 years$70,192$69,567$68,957$68,362$67,780$67,495
2 years$34,749$34,101$33,474$32,866$32,276$31,988
3 years$22,936$22,286$21,660$21,058$20,477$20,195
4 years$17,030$16,382$15,763$15,171$14,605$14,331
5 years$13,488$12,844$12,233$11,653$11,102$10,838
6 years$11,127$10,488$9,886$9,319$8,785$8,530
7 years$9,442$8,808$8,215$7,661$7,144$6,899
8 years$8,178$7,550$6,967$6,427$5,927$5,691
9 years$7,196$6,574$6,001$5,474$4,991$4,765
10 years$6,410$5,794$5,232$4,719$4,253$4,036
11 years$5,768$5,158$4,606$4,107$3,658$3,450
12 years$5,234$4,630$4,088$3,602$3,170$2,972
13 years$4,781$4,184$3,652$3,180$2,764$2,575
14 years$4,394$3,803$3,281$2,823$2,423$2,243
15 years$4,059$3,474$2,963$2,518$2,133$1,962
16 years$3,766$3,188$2,686$2,254$1,885$1,722
17 years$3,507$2,936$2,444$2,026$1,672$1,517
18 years$3,278$2,713$2,231$1,825$1,486$1,339
19 years$3,073$2,514$2,043$1,649$1,325$1,185
20 years$2,889$2,336$1,875$1,494$1,183$1,051
21 years$2,722$2,176$1,724$1,356$1,059$934
22 years$2,571$2,031$1,589$1,233$949$831
23 years$2,433$1,900$1,467$1,123$852$740
24 years$2,307$1,780$1,357$1,024$766$661
25 years$2,191$1,670$1,257$935$689$590
26 years$2,085$1,570$1,166$855$621$527
27 years$1,986$1,478$1,082$783$560$472
28 years$1,894$1,392$1,006$717$505$422
29 years$1,809$1,313$936$658$456$378
30 years$1,730$1,240$872$603$412$339
31 years$1,656$1,173$813$554$373$304
32 years$1,587$1,109$759$509$337$273
33 years$1,522$1,051$708$468$305$245
34 years$1,461$996$662$431$276$220
35 years$1,404$945$619$397$250$198
36 years$1,350$897$579$365$227$178
37 years$1,299$851$542$337$205$160
38 years$1,251$809$507$310$186$143
39 years$1,205$769$475$286$169$129
40 years$1,162$732$446$264$153$116
41 years$1,121$697$418$243$139$104
42 years$1,082$664$392$225$126$94
43 years$1,045$632$368$207$114$84
44 years$1,010$603$345$192$104$76
45 years$976$575$324$177$94$68
46 years$944$548$304$163$86$62
47 years$914$523$286$151$78$55
48 years$885$500$269$139$71$50
49 years$857$477$253$129$64$45
50 years$830$456$238$119$58$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $850,000, adding $2,609 every year, while hoping to spend $58,950 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: 35/47/18 Blend
49$850,000$850,000$850,000$850,000
50$939,391$894,341$881,166$967,009
51$972,487$875,442$847,963$968,516
52$1,006,982$853,640$811,672$964,448
53$1,042,958$828,732$772,126$958,819
54$1,080,502$800,502$729,154$951,524
55$1,119,706$768,720$682,574$942,450
56$1,160,673$733,144$632,197$931,484
57$1,203,511$693,517$577,825$918,505
58$1,248,339$649,569$519,252$903,385
59$1,295,284$601,013$456,262$885,993
60$1,344,486$547,545$388,629$866,191
61$1,396,094$488,846$316,119$843,836
62$1,450,272$424,576$238,486$818,777
63$1,507,198$354,377$155,473$790,861
64$1,567,063$277,873$66,812$759,924
65$1,630,077$194,663$0$725,799
66$1,696,469$104,325$0$693,652
67$1,766,487$6,415$0$672,004
68$1,840,402$0$0$647,881
69$1,918,508$0$0$672,632
70$2,001,129$0$0$702,378
71$2,088,615$0$0$733,933
72$2,181,350$0$0$767,445
73$2,279,756$0$0$803,072
74$2,384,289$0$0$840,989
75$2,495,453$0$0$881,388
76$2,613,797$0$0$924,479
77$2,739,922$0$0$970,489
78$2,874,486$0$0$1,019,673
79$3,018,212$0$0$1,072,303
80$3,171,888$0$0$1,128,684
81$3,336,384$0$0$1,189,147
82$3,512,648$0$0$1,254,054
83$3,701,723$0$0$1,323,806
84$3,904,754$0$0$1,398,841
85$4,122,996$0$0$1,479,639
86$4,357,828$0$0$1,566,730
87$4,610,762$0$0$1,660,693
88$4,883,461$0$0$1,762,166
89$5,177,751$0$0$1,871,850
90$5,495,638$0$0$1,990,515
91$5,839,327$0$0$2,119,008
92$6,211,241$0$0$2,258,258
93$6,614,044$0$0$2,409,291
94$7,050,664$0$0$2,573,230
95$7,524,322$0$0$2,751,314
96$8,038,560$0$0$2,944,905
97$8,597,273$0$0$3,155,500
98$9,204,746$0$0$3,384,748
99$9,865,693$0$0$3,634,462
100$10,585,303$0$0$3,906,637