Can I retire at age 50 with 857,000?

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 $857,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$70,770$70,140$69,525$68,925$68,338$67,068
2 years$35,035$34,382$33,750$33,137$32,542$31,267
3 years$23,125$22,469$21,838$21,231$20,646$19,406
4 years$17,171$16,517$15,893$15,296$14,725$13,530
5 years$13,599$12,950$12,333$11,749$11,194$10,046
6 years$11,219$10,574$9,967$9,395$8,857$7,759
7 years$9,519$8,880$8,283$7,725$7,203$6,155
8 years$8,245$7,612$7,025$6,480$5,976$4,976
9 years$7,255$6,628$6,050$5,519$5,032$4,082
10 years$6,463$5,842$5,275$4,758$4,288$3,385
11 years$5,816$5,201$4,644$4,141$3,688$2,831
12 years$5,277$4,668$4,121$3,632$3,196$2,385
13 years$4,821$4,218$3,682$3,206$2,787$2,020
14 years$4,430$3,834$3,308$2,846$2,443$1,719
15 years$4,092$3,503$2,987$2,538$2,151$1,469
16 years$3,797$3,214$2,708$2,273$1,901$1,258
17 years$3,536$2,960$2,464$2,042$1,686$1,081
18 years$3,305$2,735$2,250$1,840$1,499$931
19 years$3,098$2,535$2,059$1,663$1,336$804
20 years$2,913$2,355$1,890$1,506$1,193$695
21 years$2,745$2,194$1,738$1,367$1,068$601
22 years$2,592$2,048$1,602$1,243$957$521
23 years$2,453$1,915$1,479$1,132$859$452
24 years$2,326$1,795$1,368$1,032$772$392
25 years$2,209$1,684$1,267$943$695$341
26 years$2,102$1,583$1,175$862$626$296
27 years$2,002$1,490$1,091$789$564$258
28 years$1,910$1,404$1,015$723$509$225
29 years$1,824$1,324$944$663$460$196
30 years$1,744$1,251$879$608$415$170
31 years$1,670$1,182$820$559$376$148
32 years$1,600$1,119$765$514$340$129
33 years$1,535$1,059$714$472$307$113
34 years$1,473$1,004$667$435$278$98
35 years$1,416$952$624$400$252$86
36 years$1,361$904$584$368$228$75
37 years$1,310$858$546$339$207$65
38 years$1,261$816$512$313$188$57
39 years$1,215$776$479$288$170$50
40 years$1,172$738$449$266$154$43
41 years$1,130$703$421$245$140$38
42 years$1,091$669$395$227$127$33
43 years$1,054$638$371$209$115$29
44 years$1,018$608$348$193$105$25
45 years$984$580$327$178$95$22
46 years$952$553$307$165$86$19
47 years$921$528$288$152$78$17
48 years$892$504$271$141$71$15
49 years$864$481$255$130$65$13
50 years$837$459$239$120$59$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $857,000, adding $2,518 every year, while hoping to spend $54,276 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: 30/48/22 Blend
49$857,000$857,000$857,000$857,000
50$947,011$901,590$888,307$968,865
51$985,857$888,019$860,316$972,221
52$1,026,846$871,964$829,568$970,808
53$1,070,140$853,245$795,914$968,159
54$1,115,914$831,674$759,197$964,201
55$1,164,360$807,049$719,253$958,859
56$1,215,689$779,158$675,912$952,057
57$1,270,129$747,777$628,995$943,717
58$1,327,931$712,666$578,315$933,759
59$1,389,368$673,575$523,676$922,103
60$1,454,740$630,238$464,877$908,668
61$1,524,376$582,371$401,702$893,372
62$1,598,634$529,679$333,931$876,133
63$1,677,908$471,846$261,330$856,871
64$1,762,628$408,540$183,658$835,506
65$1,853,267$339,410$100,662$811,959
66$1,950,343$264,084$12,077$786,156
67$2,054,425$182,171$0$758,023
68$2,166,135$93,256$0$746,850
69$2,286,157$0$0$737,502
70$2,415,242$0$0$728,793
71$2,554,215$0$0$772,542
72$2,703,980$0$0$819,790
73$2,865,533$0$0$870,864
74$3,039,965$0$0$926,122
75$3,228,476$0$0$985,959
76$3,432,387$0$0$1,050,808
77$3,653,146$0$0$1,121,147
78$3,892,349$0$0$1,197,500
79$4,151,748$0$0$1,280,444
80$4,433,270$0$0$1,370,614
81$4,739,036$0$0$1,468,706
82$5,071,377$0$0$1,575,491
83$5,432,859$0$0$1,691,812
84$5,826,306$0$0$1,818,600
85$6,254,821$0$0$1,956,879
86$6,721,823$0$0$2,107,774
87$7,231,073$0$0$2,272,527
88$7,786,711$0$0$2,452,502
89$8,393,294$0$0$2,649,202
90$9,055,836$0$0$2,864,281
91$9,779,860$0$0$3,099,562
92$10,571,445$0$0$3,357,049
93$11,437,283$0$0$3,638,953
94$12,384,746$0$0$3,947,704
95$13,421,946$0$0$4,285,982
96$14,557,820$0$0$4,656,735
97$15,802,209$0$0$5,063,214
98$17,165,949$0$0$5,508,995
99$18,660,977$0$0$5,998,020
100$20,300,436$0$0$6,534,629