Can I retire at age 50 with 854,000?

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 $854,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$70,523$69,894$69,281$68,683$68,099$67,332
2 years$34,912$34,262$33,632$33,021$32,428$31,656
3 years$23,044$22,391$21,762$21,157$20,574$19,820
4 years$17,110$16,459$15,837$15,242$14,673$13,945
5 years$13,551$12,904$12,290$11,708$11,154$10,452
6 years$11,180$10,537$9,932$9,363$8,826$8,152
7 years$9,486$8,849$8,254$7,697$7,178$6,531
8 years$8,217$7,585$7,000$6,457$5,955$5,336
9 years$7,230$6,605$6,029$5,500$5,015$4,424
10 years$6,441$5,822$5,256$4,741$4,273$3,709
11 years$5,795$5,183$4,628$4,126$3,675$3,138
12 years$5,258$4,652$4,107$3,619$3,185$2,674
13 years$4,804$4,204$3,669$3,195$2,777$2,292
14 years$4,415$3,821$3,297$2,836$2,434$1,974
15 years$4,078$3,491$2,977$2,530$2,143$1,707
16 years$3,784$3,203$2,699$2,265$1,894$1,481
17 years$3,524$2,949$2,456$2,035$1,680$1,289
18 years$3,294$2,725$2,242$1,834$1,493$1,125
19 years$3,088$2,526$2,052$1,657$1,331$983
20 years$2,902$2,347$1,883$1,501$1,189$861
21 years$2,735$2,186$1,732$1,362$1,064$756
22 years$2,583$2,041$1,597$1,239$954$664
23 years$2,445$1,909$1,474$1,128$856$584
24 years$2,318$1,788$1,363$1,029$770$514
25 years$2,202$1,678$1,263$940$692$453
26 years$2,094$1,577$1,171$859$624$400
27 years$1,995$1,484$1,088$786$562$353
28 years$1,903$1,399$1,011$720$507$312
29 years$1,818$1,320$941$661$458$275
30 years$1,738$1,246$876$606$414$244
31 years$1,664$1,178$817$557$374$215
32 years$1,595$1,115$762$512$339$191
33 years$1,529$1,056$712$471$306$169
34 years$1,468$1,001$665$433$277$149
35 years$1,411$949$622$399$251$132
36 years$1,356$901$582$367$228$117
37 years$1,305$855$544$338$206$104
38 years$1,257$813$510$312$187$92
39 years$1,211$773$478$287$170$81
40 years$1,168$736$448$265$154$72
41 years$1,126$700$420$245$140$64
42 years$1,087$667$394$226$127$57
43 years$1,050$635$369$208$115$50
44 years$1,015$606$347$192$104$45
45 years$981$577$326$178$95$40
46 years$949$551$306$164$86$35
47 years$918$526$287$152$78$31
48 years$889$502$270$140$71$28
49 years$861$479$254$130$64$24
50 years$834$458$239$120$59$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $854,000, adding $3,025 every year, while hoping to spend $52,142 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: 54/22/24 Blend
49$854,000$854,000$854,000$854,000
50$944,228$898,966$885,729$988,821
51$985,061$887,537$859,923$1,008,411
52$1,028,311$873,800$831,504$1,024,058
53$1,074,170$857,587$800,330$1,040,007
54$1,122,847$838,721$766,253$1,056,305
55$1,174,571$817,012$729,116$1,073,005
56$1,229,592$792,261$688,757$1,090,171
57$1,288,185$764,256$645,005$1,107,874
58$1,350,650$732,774$597,682$1,126,197
59$1,417,314$697,578$546,603$1,145,236
60$1,488,539$658,418$491,572$1,165,099
61$1,564,718$615,029$432,388$1,185,909
62$1,646,285$567,131$368,839$1,207,807
63$1,733,713$514,428$300,702$1,230,952
64$1,827,524$456,606$227,747$1,255,525
65$1,928,287$393,336$149,733$1,281,728
66$2,036,631$324,268$66,408$1,309,793
67$2,153,243$249,033$0$1,339,979
68$2,278,880$167,241$0$1,378,343
69$2,414,370$78,481$0$1,437,971
70$2,560,626$0$0$1,502,281
71$2,718,650$0$0$1,576,043
72$2,889,543$0$0$1,676,422
73$3,074,515$0$0$1,785,138
74$3,274,897$0$0$1,902,981
75$3,492,151$0$0$2,030,820
76$3,727,886$0$0$2,169,612
77$3,983,872$0$0$2,320,408
78$4,262,054$0$0$2,484,364
79$4,564,574$0$0$2,662,752
80$4,893,786$0$0$2,856,973
81$5,252,281$0$0$3,068,567
82$5,642,912$0$0$3,299,230
83$6,068,817$0$0$3,550,826
84$6,533,449$0$0$3,825,411
85$7,040,611$0$0$4,125,243
86$7,594,487$0$0$4,452,812
87$8,199,683$0$0$4,810,858
88$8,861,273$0$0$5,202,395
89$9,584,839$0$0$5,630,745
90$10,376,529$0$0$6,099,565
91$11,243,115$0$0$6,612,881
92$12,192,049$0$0$7,175,126
93$13,231,543$0$0$7,791,184
94$14,370,635$0$0$8,466,432
95$15,619,284$0$0$9,206,792
96$16,988,454$0$0$10,018,788
97$18,490,224$0$0$10,909,604
98$20,137,896$0$0$11,887,154
99$21,946,123$0$0$12,960,154
100$23,931,045$0$0$14,138,206