Can I retire at age 50 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$71,431$70,795$70,174$69,568$68,976$66,635
2 years$35,362$34,703$34,065$33,446$32,846$30,511
3 years$23,340$22,679$22,042$21,429$20,839$18,583
4 years$17,331$16,671$16,041$15,439$14,862$12,703
5 years$13,726$13,071$12,449$11,858$11,298$9,241
6 years$11,324$10,673$10,060$9,483$8,940$6,987
7 years$9,608$8,963$8,360$7,797$7,270$5,421
8 years$8,322$7,683$7,090$6,540$6,032$4,284
9 years$7,323$6,690$6,107$5,571$5,079$3,432
10 years$6,524$5,897$5,324$4,802$4,328$2,778
11 years$5,870$5,249$4,687$4,179$3,722$2,266
12 years$5,326$4,712$4,160$3,666$3,226$1,861
13 years$4,866$4,258$3,716$3,236$2,813$1,535
14 years$4,472$3,870$3,339$2,873$2,466$1,272
15 years$4,131$3,536$3,015$2,562$2,171$1,057
16 years$3,832$3,244$2,733$2,294$1,919$881
17 years$3,569$2,987$2,487$2,061$1,701$736
18 years$3,336$2,761$2,271$1,858$1,513$616
19 years$3,127$2,558$2,079$1,679$1,348$516
20 years$2,940$2,377$1,908$1,520$1,204$433
21 years$2,770$2,214$1,755$1,380$1,078$364
22 years$2,617$2,067$1,617$1,254$966$306
23 years$2,476$1,933$1,493$1,142$867$257
24 years$2,348$1,811$1,381$1,042$779$217
25 years$2,230$1,700$1,279$952$701$182
26 years$2,121$1,598$1,186$870$632$154
27 years$2,021$1,504$1,102$796$570$130
28 years$1,928$1,417$1,024$730$514$109
29 years$1,841$1,337$953$669$464$92
30 years$1,761$1,262$888$614$419$78
31 years$1,686$1,193$828$564$379$66
32 years$1,615$1,129$772$518$343$55
33 years$1,549$1,069$721$477$310$47
34 years$1,487$1,013$674$439$281$39
35 years$1,429$961$630$404$255$33
36 years$1,374$912$589$372$231$28
37 years$1,322$866$551$343$209$24
38 years$1,273$823$516$316$189$20
39 years$1,227$783$484$291$172$17
40 years$1,183$745$453$269$156$14
41 years$1,141$709$425$248$141$12
42 years$1,101$675$399$229$128$10
43 years$1,064$644$374$211$116$9
44 years$1,028$613$351$195$106$7
45 years$994$585$330$180$96$6
46 years$961$558$310$166$87$5
47 years$930$533$291$154$79$4
48 years$900$508$274$142$72$4
49 years$872$485$257$131$65$3
50 years$845$464$242$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $865,000, adding $3,120 every year, while hoping to spend $44,998 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: 57/24/19 Blend
49$865,000$865,000$865,000$865,000
50$956,448$910,603$897,196$1,005,969
51$1,006,128$907,345$879,374$1,036,753
52$1,059,368$902,420$859,448$1,065,156
53$1,116,482$895,697$837,298$1,095,109
54$1,177,817$887,040$812,801$1,126,769
55$1,243,754$876,304$785,829$1,160,313
56$1,314,708$863,334$756,246$1,195,938
57$1,391,139$847,968$723,910$1,233,863
58$1,473,548$830,032$688,675$1,274,332
59$1,562,490$809,344$650,386$1,317,616
60$1,658,571$785,709$608,881$1,364,015
61$1,762,459$758,922$563,992$1,413,865
62$1,874,887$728,766$515,542$1,467,536
63$1,996,661$695,011$463,349$1,525,442
64$2,128,668$657,414$407,218$1,588,040
65$2,271,882$615,718$346,950$1,655,839
66$2,427,377$569,650$282,336$1,729,402
67$2,596,330$518,924$213,155$1,809,356
68$2,780,039$463,234$139,179$1,896,394
69$2,979,931$402,261$60,170$1,991,284
70$3,197,577$335,665$0$2,094,879
71$3,434,704$263,087$0$2,213,018
72$3,693,214$184,148$0$2,355,187
73$3,975,199$98,448$0$2,510,390
74$4,282,962$5,565$0$2,679,967
75$4,619,040$0$0$2,865,396
76$4,986,223$0$0$3,093,388
77$5,387,584$0$0$3,344,281
78$5,826,506$0$0$3,618,729
79$6,306,714$0$0$3,919,071
80$6,832,308$0$0$4,247,882
81$7,407,807$0$0$4,607,997
82$8,038,182$0$0$5,002,539
83$8,728,911$0$0$5,434,946
84$9,486,025$0$0$5,909,007
85$10,316,168$0$0$6,428,893
86$11,226,657$0$0$6,999,197
87$12,225,550$0$0$7,624,982
88$13,321,725$0$0$8,311,820
89$14,524,957$0$0$9,065,852
90$15,846,019$0$0$9,893,841
91$17,296,774$0$0$10,803,238
92$18,890,291$0$0$11,802,251
93$20,640,968$0$0$12,899,921
94$22,564,666$0$0$14,106,210
95$24,678,858$0$0$15,432,090
96$27,002,795$0$0$16,889,653
97$29,557,684$0$0$18,492,216
98$32,366,891$0$0$20,254,456
99$35,456,158$0$0$22,192,539
100$38,853,848$0$0$24,324,279