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%19.7%
1 years$70,192$69,567$68,957$68,362$67,780$65,142
2 years$34,749$34,101$33,474$32,866$32,276$29,651
3 years$22,936$22,286$21,660$21,058$20,477$17,947
4 years$17,030$16,382$15,763$15,171$14,605$12,188
5 years$13,488$12,844$12,233$11,653$11,102$8,806
6 years$11,127$10,488$9,886$9,319$8,785$6,610
7 years$9,442$8,808$8,215$7,661$7,144$5,091
8 years$8,178$7,550$6,967$6,427$5,927$3,992
9 years$7,196$6,574$6,001$5,474$4,991$3,173
10 years$6,410$5,794$5,232$4,719$4,253$2,547
11 years$5,768$5,158$4,606$4,107$3,658$2,060
12 years$5,234$4,630$4,088$3,602$3,170$1,677
13 years$4,781$4,184$3,652$3,180$2,764$1,372
14 years$4,394$3,803$3,281$2,823$2,423$1,126
15 years$4,059$3,474$2,963$2,518$2,133$927
16 years$3,766$3,188$2,686$2,254$1,885$766
17 years$3,507$2,936$2,444$2,026$1,672$633
18 years$3,278$2,713$2,231$1,825$1,486$525
19 years$3,073$2,514$2,043$1,649$1,325$436
20 years$2,889$2,336$1,875$1,494$1,183$362
21 years$2,722$2,176$1,724$1,356$1,059$301
22 years$2,571$2,031$1,589$1,233$949$250
23 years$2,433$1,900$1,467$1,123$852$209
24 years$2,307$1,780$1,357$1,024$766$174
25 years$2,191$1,670$1,257$935$689$145
26 years$2,085$1,570$1,166$855$621$121
27 years$1,986$1,478$1,082$783$560$101
28 years$1,894$1,392$1,006$717$505$84
29 years$1,809$1,313$936$658$456$70
30 years$1,730$1,240$872$603$412$59
31 years$1,656$1,173$813$554$373$49
32 years$1,587$1,109$759$509$337$41
33 years$1,522$1,051$708$468$305$34
34 years$1,461$996$662$431$276$28
35 years$1,404$945$619$397$250$24
36 years$1,350$897$579$365$227$20
37 years$1,299$851$542$337$205$17
38 years$1,251$809$507$310$186$14
39 years$1,205$769$475$286$169$12
40 years$1,162$732$446$264$153$10
41 years$1,121$697$418$243$139$8
42 years$1,082$664$392$225$126$7
43 years$1,045$632$368$207$114$6
44 years$1,010$603$345$192$104$5
45 years$976$575$324$177$94$4
46 years$944$548$304$163$86$3
47 years$914$523$286$151$78$3
48 years$885$500$269$139$71$2
49 years$857$477$253$129$64$2
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $850,000, adding $6,273 every year, while hoping to spend $49,871 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: 53/22/25 Blend
49$850,000$850,000$850,000$850,000
50$943,171$898,121$884,946$986,311
51$986,312$889,066$861,529$1,007,726
52$1,032,182$877,897$835,656$1,025,377
53$1,081,006$864,456$807,193$1,043,564
54$1,133,032$848,578$775,997$1,062,356
55$1,188,531$830,087$741,923$1,081,833
56$1,247,798$808,798$704,814$1,102,086
57$1,311,159$784,514$664,510$1,123,218
58$1,378,969$757,028$620,843$1,145,345
59$1,451,618$726,117$573,637$1,168,598
60$1,529,536$691,550$522,706$1,193,127
61$1,613,192$653,079$467,860$1,219,100
62$1,703,102$610,444$408,898$1,246,705
63$1,799,832$563,368$345,609$1,276,157
64$1,904,002$511,561$277,774$1,307,694
65$2,016,297$454,714$205,166$1,341,585
66$2,137,465$392,502$127,546$1,378,130
67$2,268,332$324,579$44,663$1,417,669
68$2,409,801$250,582$0$1,460,578
69$2,562,868$170,128$0$1,518,960
70$2,728,626$82,811$0$1,595,081
71$2,908,279$0$0$1,677,618
72$3,103,149$0$0$1,770,093
73$3,314,690$0$0$1,892,312
74$3,544,500$0$0$2,025,160
75$3,794,341$0$0$2,169,663
76$4,066,146$0$0$2,326,950
77$4,362,046$0$0$2,498,264
78$4,684,385$0$0$2,684,972
79$5,035,740$0$0$2,888,578
80$5,418,951$0$0$3,110,739
81$5,837,140$0$0$3,353,278
82$6,293,747$0$0$3,618,201
83$6,792,555$0$0$3,907,716
84$7,337,733$0$0$4,224,257
85$7,933,867$0$0$4,570,501
86$8,586,010$0$0$4,949,396
87$9,299,722$0$0$5,364,188
88$10,081,127$0$0$5,818,452
89$10,936,970$0$0$6,316,126
90$11,874,678$0$0$6,861,544
91$12,902,429$0$0$7,459,482
92$14,029,232$0$0$8,115,198
93$15,265,007$0$0$8,834,486
94$16,620,682$0$0$9,623,724
95$18,108,293$0$0$10,489,940
96$19,741,098$0$0$11,440,875
97$21,533,701$0$0$12,485,055
98$23,502,188$0$0$13,631,874
99$25,664,280$0$0$14,891,679
100$28,039,499$0$0$16,275,869