Can I retire at age 50 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$71,348$70,713$70,093$69,488$68,897$68,205
2 years$35,321$34,663$34,026$33,407$32,808$32,112
3 years$23,313$22,653$22,017$21,404$20,815$20,135
4 years$17,311$16,652$16,023$15,421$14,845$14,188
5 years$13,710$13,055$12,434$11,845$11,285$10,651
6 years$11,311$10,661$10,049$9,472$8,930$8,320
7 years$9,597$8,953$8,350$7,788$7,262$6,678
8 years$8,313$7,674$7,082$6,533$6,025$5,465
9 years$7,314$6,682$6,100$5,565$5,074$4,538
10 years$6,516$5,890$5,318$4,797$4,323$3,812
11 years$5,863$5,243$4,682$4,175$3,718$3,231
12 years$5,320$4,706$4,155$3,662$3,222$2,758
13 years$4,860$4,253$3,712$3,233$2,810$2,369
14 years$4,467$3,866$3,335$2,870$2,463$2,044
15 years$4,126$3,531$3,011$2,559$2,168$1,771
16 years$3,828$3,240$2,730$2,291$1,916$1,540
17 years$3,565$2,984$2,484$2,059$1,699$1,344
18 years$3,332$2,757$2,268$1,855$1,511$1,175
19 years$3,124$2,555$2,076$1,677$1,347$1,029
20 years$2,936$2,375$1,905$1,518$1,203$904
21 years$2,767$2,212$1,753$1,378$1,076$795
22 years$2,614$2,065$1,615$1,253$965$700
23 years$2,474$1,931$1,491$1,141$866$617
24 years$2,345$1,809$1,379$1,041$779$544
25 years$2,228$1,698$1,278$951$701$481
26 years$2,119$1,596$1,185$869$631$425
27 years$2,019$1,502$1,100$795$569$376
28 years$1,926$1,415$1,023$729$513$333
29 years$1,839$1,335$952$668$464$295
30 years$1,759$1,261$887$613$419$262
31 years$1,684$1,192$827$563$379$232
32 years$1,613$1,128$771$518$343$206
33 years$1,547$1,068$720$476$310$182
34 years$1,485$1,012$673$438$281$162
35 years$1,427$960$629$403$254$144
36 years$1,372$911$588$371$230$128
37 years$1,320$865$551$342$209$113
38 years$1,271$823$516$315$189$101
39 years$1,225$782$483$291$172$90
40 years$1,181$744$453$268$156$80
41 years$1,140$708$425$247$141$71
42 years$1,100$675$398$228$128$63
43 years$1,062$643$374$211$116$56
44 years$1,027$613$351$195$106$50
45 years$992$584$329$180$96$44
46 years$960$557$309$166$87$39
47 years$929$532$291$153$79$35
48 years$899$508$273$142$72$31
49 years$871$485$257$131$65$28
50 years$844$463$241$121$59$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $864,000, adding $6,223 every year, while hoping to spend $52,157 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: 63/18/19 Blend
49$864,000$864,000$864,000$864,000
50$958,547$912,755$899,363$1,013,921
51$1,000,824$901,985$873,997$1,041,176
52$1,045,666$888,940$846,033$1,064,492
53$1,093,278$873,452$815,329$1,088,737
54$1,143,886$855,345$781,737$1,114,005
55$1,197,738$834,433$745,101$1,140,402
56$1,255,104$810,517$705,259$1,168,047
57$1,316,280$783,388$662,040$1,197,072
58$1,381,590$752,823$615,268$1,227,626
59$1,451,390$718,590$564,758$1,259,875
60$1,526,070$680,438$510,314$1,294,006
61$1,606,055$638,106$451,737$1,330,224
62$1,691,816$591,316$388,813$1,368,763
63$1,783,865$539,775$321,322$1,409,879
64$1,882,767$483,171$249,034$1,453,862
65$1,989,141$421,178$171,708$1,501,031
66$2,103,667$353,449$89,094$1,551,745
67$2,227,090$279,618$928$1,606,401
68$2,360,232$199,297$0$1,665,441
69$2,503,992$112,080$0$1,748,245
70$2,659,361$17,533$0$1,837,902
71$2,827,426$0$0$1,934,893
72$3,009,384$0$0$2,056,752
73$3,206,548$0$0$2,192,610
74$3,420,364$0$0$2,339,997
75$3,652,423$0$0$2,500,015
76$3,904,471$0$0$2,673,877
77$4,178,433$0$0$2,862,917
78$4,476,424$0$0$3,068,603
79$4,800,771$0$0$3,292,550
80$5,154,036$0$0$3,536,533
81$5,539,036$0$0$3,802,510
82$5,958,874$0$0$4,092,632
83$6,416,964$0$0$4,409,268
84$6,917,063$0$0$4,755,024
85$7,463,308$0$0$5,132,773
86$8,060,251$0$0$5,545,673
87$8,712,907$0$0$5,997,203
88$9,426,795$0$0$6,491,194
89$10,207,992$0$0$7,031,865
90$11,063,191$0$0$7,623,858
91$11,999,760$0$0$8,272,290
92$13,025,816$0$0$8,982,791
93$14,150,295$0$0$9,761,565
94$15,383,040$0$0$10,615,445
95$16,734,891$0$0$11,551,953
96$18,217,789$0$0$12,579,377
97$19,844,884$0$0$13,706,847
98$21,630,663$0$0$14,944,416
99$23,591,082$0$0$16,303,160
100$25,743,717$0$0$17,795,280