Can I retire at age 50 with 861,000?

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 $861,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$71,101$70,467$69,849$69,246$68,657$67,715
2 years$35,198$34,543$33,907$33,291$32,694$31,746
3 years$23,232$22,574$21,940$21,330$20,742$19,819
4 years$17,251$16,594$15,967$15,367$14,794$13,901
5 years$13,663$13,010$12,391$11,803$11,246$10,387
6 years$11,271$10,624$10,014$9,439$8,898$8,075
7 years$9,564$8,922$8,322$7,761$7,237$6,448
8 years$8,284$7,648$7,057$6,510$6,004$5,250
9 years$7,289$6,659$6,078$5,545$5,056$4,337
10 years$6,493$5,869$5,299$4,780$4,308$3,623
11 years$5,843$5,225$4,665$4,160$3,705$3,054
12 years$5,301$4,690$4,140$3,649$3,211$2,592
13 years$4,843$4,238$3,699$3,221$2,800$2,213
14 years$4,451$3,852$3,324$2,860$2,454$1,898
15 years$4,111$3,519$3,001$2,550$2,161$1,635
16 years$3,815$3,229$2,721$2,284$1,910$1,413
17 years$3,553$2,974$2,476$2,052$1,693$1,225
18 years$3,321$2,748$2,260$1,849$1,506$1,064
19 years$3,113$2,547$2,069$1,671$1,342$926
20 years$2,926$2,366$1,899$1,513$1,199$808
21 years$2,758$2,204$1,747$1,373$1,073$705
22 years$2,605$2,058$1,610$1,249$962$617
23 years$2,465$1,924$1,486$1,137$863$540
24 years$2,337$1,803$1,375$1,037$776$473
25 years$2,220$1,692$1,273$947$698$415
26 years$2,112$1,590$1,181$866$629$365
27 years$2,012$1,497$1,096$793$567$320
28 years$1,919$1,410$1,019$726$512$281
29 years$1,833$1,330$949$666$462$248
30 years$1,753$1,256$884$611$417$218
31 years$1,678$1,188$824$561$377$192
32 years$1,608$1,124$769$516$341$169
33 years$1,542$1,064$718$474$309$149
34 years$1,480$1,009$670$437$280$131
35 years$1,422$957$627$402$253$115
36 years$1,367$908$586$370$230$102
37 years$1,316$862$549$341$208$90
38 years$1,267$820$514$314$189$79
39 years$1,221$779$482$290$171$70
40 years$1,177$742$451$267$155$61
41 years$1,136$706$423$247$141$54
42 years$1,096$672$397$228$128$48
43 years$1,059$641$373$210$116$42
44 years$1,023$611$350$194$105$37
45 years$989$582$328$179$96$33
46 years$957$555$308$165$87$29
47 years$926$530$290$153$79$26
48 years$896$506$272$141$72$23
49 years$868$483$256$131$65$20
50 years$841$462$241$121$59$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $861,000, adding $4,798 every year, while hoping to spend $41,816 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: 45/38/17 Blend
49$861,000$861,000$861,000$861,000
50$953,771$908,138$894,793$991,840
51$1,006,564$908,145$880,276$1,018,944
52$1,063,340$906,751$863,872$1,043,760
53$1,124,462$903,842$845,473$1,069,779
54$1,190,327$899,301$824,966$1,097,133
55$1,261,371$892,998$802,234$1,125,966
56$1,338,076$884,800$777,154$1,156,441
57$1,420,969$874,563$749,597$1,188,740
58$1,510,628$862,137$719,429$1,223,067
59$1,607,691$847,361$686,509$1,259,649
60$1,712,858$830,065$650,689$1,298,739
61$1,826,900$810,068$611,818$1,340,622
62$1,950,662$787,180$569,733$1,385,613
63$2,085,078$761,200$524,266$1,434,063
64$2,231,170$731,913$475,244$1,486,366
65$2,390,066$699,093$422,481$1,542,957
66$2,563,006$662,502$365,787$1,604,323
67$2,751,355$621,887$304,963$1,671,005
68$2,956,612$576,979$239,799$1,743,604
69$3,180,432$527,496$170,077$1,822,788
70$3,424,632$473,139$95,571$1,909,301
71$3,691,214$413,592$16,042$2,003,967
72$3,982,381$348,522$0$2,107,702
73$4,300,560$277,575$0$2,234,010
74$4,648,419$200,379$0$2,375,449
75$5,028,901$116,540$0$2,530,408
76$5,445,241$25,643$0$2,700,326
77$5,901,005$0$0$2,886,797
78$6,400,117$0$0$3,122,002
79$6,946,901$0$0$3,391,520
80$7,546,118$0$0$3,686,988
81$8,203,009$0$0$4,011,003
82$8,923,350$0$0$4,366,429
83$9,713,500$0$0$4,756,416
84$10,580,464$0$0$5,184,438
85$11,531,958$0$0$5,654,318
86$12,576,482$0$0$6,170,269
87$13,723,397$0$0$6,736,933
88$14,983,018$0$0$7,359,421
89$16,366,705$0$0$8,043,365
90$17,886,973$0$0$8,794,971
91$19,557,611$0$0$9,621,072
92$21,393,808$0$0$10,529,200
93$23,412,299$0$0$11,527,650
94$25,631,521$0$0$12,625,562
95$28,071,784$0$0$13,833,008
96$30,755,469$0$0$15,161,082
97$33,707,231$0$0$16,622,008
98$36,954,236$0$0$18,229,256
99$40,526,415$0$0$19,997,664
100$44,456,746$0$0$21,943,585