Can I retire at age 50 with 853,000?

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 $853,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$70,440$69,813$69,200$68,603$68,019$66,054
2 years$34,871$34,222$33,592$32,982$32,390$30,426
3 years$23,017$22,364$21,737$21,132$20,550$18,647
4 years$17,090$16,440$15,819$15,224$14,656$12,831
5 years$13,536$12,889$12,276$11,694$11,141$9,398
6 years$11,167$10,525$9,921$9,352$8,816$7,156
7 years$9,475$8,839$8,244$7,688$7,170$5,594
8 years$8,207$7,577$6,992$6,450$5,948$4,455
9 years$7,221$6,597$6,022$5,494$5,009$3,597
10 years$6,433$5,815$5,250$4,736$4,268$2,935
11 years$5,789$5,177$4,622$4,121$3,671$2,415
12 years$5,252$4,646$4,102$3,615$3,181$2,000
13 years$4,798$4,199$3,665$3,192$2,774$1,665
14 years$4,410$3,817$3,293$2,833$2,431$1,392
15 years$4,073$3,487$2,973$2,527$2,141$1,168
16 years$3,779$3,199$2,696$2,262$1,892$982
17 years$3,520$2,946$2,453$2,033$1,678$828
18 years$3,290$2,722$2,239$1,832$1,492$700
19 years$3,084$2,523$2,050$1,655$1,330$592
20 years$2,899$2,344$1,881$1,499$1,188$502
21 years$2,732$2,184$1,730$1,361$1,063$426
22 years$2,580$2,038$1,595$1,237$953$362
23 years$2,442$1,907$1,472$1,127$855$307
24 years$2,315$1,786$1,362$1,028$769$261
25 years$2,199$1,676$1,261$938$692$223
26 years$2,092$1,575$1,170$858$623$190
27 years$1,993$1,483$1,086$785$562$161
28 years$1,901$1,397$1,010$720$507$138
29 years$1,816$1,318$940$660$458$117
30 years$1,736$1,245$875$606$414$100
31 years$1,662$1,177$816$556$374$85
32 years$1,593$1,113$761$511$338$73
33 years$1,528$1,054$711$470$306$62
34 years$1,466$999$664$432$277$53
35 years$1,409$948$621$398$251$45
36 years$1,355$900$581$367$227$39
37 years$1,304$854$544$338$206$33
38 years$1,255$812$509$311$187$28
39 years$1,210$772$477$287$169$24
40 years$1,166$735$447$265$154$20
41 years$1,125$699$419$244$139$17
42 years$1,086$666$393$225$127$15
43 years$1,049$635$369$208$115$13
44 years$1,013$605$346$192$104$11
45 years$980$577$325$177$95$9
46 years$948$550$306$164$86$8
47 years$917$525$287$151$78$7
48 years$888$501$270$140$71$6
49 years$860$479$254$129$64$5
50 years$833$457$238$120$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $853,000, adding $2,121 every year, while hoping to spend $44,299 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: 69/19/12 Blend
49$853,000$853,000$853,000$853,000
50$942,194$896,985$883,763$1,004,625
51$991,164$893,803$866,236$1,043,181
52$1,043,644$888,981$846,636$1,079,818
53$1,099,946$882,391$824,848$1,118,742
54$1,160,410$873,899$800,751$1,160,169
55$1,225,413$863,361$774,217$1,204,341
56$1,295,365$850,625$745,113$1,251,524
57$1,370,719$835,532$713,301$1,302,013
58$1,451,970$817,911$678,634$1,356,133
59$1,539,664$797,582$640,962$1,414,244
60$1,634,400$774,354$600,124$1,476,745
61$1,736,836$748,024$555,956$1,544,074
62$1,847,697$718,381$508,283$1,616,719
63$1,967,776$685,196$456,925$1,695,217
64$2,097,950$648,231$401,693$1,780,161
65$2,239,179$607,233$342,388$1,872,209
66$2,392,522$561,934$278,805$1,972,085
67$2,559,142$512,051$210,727$2,080,592
68$2,740,318$457,285$137,930$2,198,615
69$2,937,459$397,320$60,179$2,327,133
70$3,152,113$331,822$0$2,467,227
71$3,385,985$260,439$0$2,623,011
72$3,640,952$182,796$0$2,801,296
73$3,919,078$98,502$0$2,995,862
74$4,222,635$7,140$0$3,208,353
75$4,554,125$0$0$3,440,583
76$4,916,301$0$0$3,713,734
77$5,312,196$0$0$4,013,991
78$5,745,147$0$0$4,342,402
79$6,218,828$0$0$4,701,758
80$6,737,287$0$0$5,095,135
81$7,304,979$0$0$5,525,922
82$7,926,810$0$0$5,997,849
83$8,608,186$0$0$6,515,023
84$9,355,056$0$0$7,081,968
85$10,173,975$0$0$7,703,668
86$11,072,163$0$0$8,385,610
87$12,057,569$0$0$9,133,840
88$13,138,952$0$0$9,955,016
89$14,325,959$0$0$10,856,471
90$15,629,216$0$0$11,846,285
91$17,060,428$0$0$12,933,358
92$18,632,490$0$0$14,127,493
93$20,359,608$0$0$15,439,489
94$22,257,430$0$0$16,881,246
95$24,343,195$0$0$18,465,871
96$26,635,897$0$0$20,207,803
97$29,156,460$0$0$22,122,952
98$31,927,937$0$0$24,228,846
99$34,975,726$0$0$26,544,796
100$38,327,811$0$0$29,092,077