Can I retire at age 50 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$70,605$69,976$69,363$68,764$68,179$66,639
2 years$34,953$34,302$33,671$33,059$32,466$30,923
3 years$23,071$22,417$21,787$21,182$20,598$19,100
4 years$17,130$16,479$15,856$15,260$14,691$13,249
5 years$13,567$12,920$12,305$11,721$11,168$9,786
6 years$11,193$10,550$9,944$9,374$8,836$7,517
7 years$9,497$8,860$8,264$7,707$7,186$5,929
8 years$8,226$7,594$7,008$6,465$5,962$4,766
9 years$7,238$6,612$6,036$5,507$5,021$3,886
10 years$6,448$5,828$5,262$4,747$4,278$3,203
11 years$5,802$5,189$4,633$4,131$3,679$2,662
12 years$5,264$4,657$4,112$3,624$3,188$2,228
13 years$4,810$4,209$3,673$3,199$2,780$1,875
14 years$4,420$3,826$3,301$2,840$2,437$1,585
15 years$4,083$3,495$2,980$2,533$2,146$1,344
16 years$3,788$3,206$2,702$2,268$1,897$1,144
17 years$3,528$2,953$2,459$2,037$1,682$976
18 years$3,297$2,729$2,244$1,836$1,495$834
19 years$3,091$2,529$2,055$1,659$1,333$715
20 years$2,906$2,350$1,886$1,503$1,190$613
21 years$2,738$2,189$1,734$1,364$1,065$527
22 years$2,586$2,043$1,599$1,240$955$453
23 years$2,448$1,911$1,476$1,129$857$390
24 years$2,321$1,790$1,365$1,030$770$336
25 years$2,204$1,680$1,264$941$693$289
26 years$2,097$1,579$1,173$860$624$250
27 years$1,998$1,486$1,089$787$563$215
28 years$1,906$1,400$1,012$721$508$186
29 years$1,820$1,321$942$661$459$161
30 years$1,740$1,248$877$607$414$139
31 years$1,666$1,179$818$557$375$120
32 years$1,596$1,116$763$512$339$104
33 years$1,531$1,057$713$471$307$90
34 years$1,470$1,002$666$433$278$78
35 years$1,412$950$622$399$252$67
36 years$1,358$902$582$368$228$58
37 years$1,307$856$545$339$207$50
38 years$1,258$814$510$312$187$43
39 years$1,212$774$478$288$170$38
40 years$1,169$736$448$265$154$33
41 years$1,128$701$420$245$140$28
42 years$1,089$668$394$226$127$24
43 years$1,051$636$370$209$115$21
44 years$1,016$606$347$193$104$18
45 years$982$578$326$178$95$16
46 years$950$552$306$164$86$14
47 years$919$526$288$152$78$12
48 years$890$502$270$140$71$10
49 years$862$480$254$130$64$9
50 years$835$458$239$120$59$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $855,000, adding $2,513 every year, while hoping to spend $29,479 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: 75/18/7 Blend
49$855,000$855,000$855,000$855,000
50$944,802$899,487$886,235$1,014,608
51$1,009,807$912,197$884,558$1,073,589
52$1,080,453$924,541$881,837$1,134,199
53$1,157,287$936,471$878,006$1,199,767
54$1,240,907$947,934$872,996$1,270,773
55$1,331,971$958,875$866,733$1,347,745
56$1,431,205$969,233$859,142$1,431,267
57$1,539,408$978,945$850,143$1,521,980
58$1,657,457$987,943$839,652$1,620,592
59$1,786,319$996,154$827,582$1,727,882
60$1,927,060$1,003,501$813,842$1,844,708
61$2,080,849$1,009,902$798,335$1,972,017
62$2,248,978$1,015,270$780,962$2,110,850
63$2,432,867$1,019,510$761,617$2,262,357
64$2,634,078$1,022,526$740,190$2,427,803
65$2,854,335$1,024,210$716,567$2,608,584
66$3,095,532$1,024,451$690,627$2,806,236
67$3,359,758$1,023,131$662,245$3,022,454
68$3,649,313$1,020,124$631,289$3,259,106
69$3,966,728$1,015,295$597,623$3,518,249
70$4,314,793$1,008,503$561,102$3,802,151
71$4,696,579$999,598$521,576$4,113,313
72$5,115,471$988,418$478,889$4,454,489
73$5,575,194$974,796$432,878$4,828,715
74$6,079,854$958,552$383,370$5,239,340
75$6,633,974$939,495$330,187$5,690,050
76$7,242,534$917,425$273,143$6,184,913
77$7,911,021$892,128$212,042$6,728,410
78$8,645,482$863,379$146,682$7,325,478
79$9,452,575$830,938$76,849$7,981,563
80$10,339,637$794,553$2,323$8,702,664
81$11,314,750$753,957$0$9,495,395
82$12,386,820$708,866$0$10,372,811
83$13,565,657$658,981$0$11,337,740
84$14,862,069$603,987$0$12,398,882
85$16,287,967$543,549$0$13,566,017
86$17,856,470$477,313$0$14,849,921
87$19,582,034$404,906$0$16,262,473
88$21,480,589$325,934$0$17,816,764
89$23,569,684$239,979$0$19,527,218
90$25,868,656$146,603$0$21,409,736
91$28,398,811$45,338$0$23,481,839
92$31,183,626$0$0$25,762,839
93$34,248,968$0$0$28,286,752
94$37,623,341$0$0$31,075,041
95$41,338,150$0$0$34,144,680
96$45,428,002$0$0$37,524,272
97$49,931,031$0$0$41,245,333
98$54,889,253$0$0$45,342,590
99$60,348,970$0$0$49,854,309
100$66,361,200$0$0$54,822,658