Can I retire at age 50 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$71,596$70,958$70,336$69,729$69,136$66,524
2 years$35,444$34,783$34,144$33,523$32,922$30,321
3 years$23,394$22,731$22,093$21,479$20,887$18,379
4 years$17,371$16,710$16,078$15,474$14,897$12,500
5 years$13,758$13,101$12,477$11,886$11,324$9,046
6 years$11,350$10,698$10,084$9,505$8,961$6,801
7 years$9,631$8,984$8,379$7,815$7,287$5,247
8 years$8,342$7,701$7,106$6,556$6,046$4,122
9 years$7,340$6,705$6,121$5,584$5,091$3,282
10 years$6,539$5,910$5,336$4,813$4,338$2,640
11 years$5,884$5,261$4,698$4,189$3,731$2,140
12 years$5,338$4,722$4,169$3,674$3,233$1,745
13 years$4,877$4,268$3,725$3,244$2,819$1,430
14 years$4,482$3,879$3,347$2,880$2,471$1,177
15 years$4,140$3,544$3,022$2,568$2,176$971
16 years$3,841$3,251$2,740$2,299$1,923$803
17 years$3,578$2,994$2,493$2,066$1,705$666
18 years$3,344$2,767$2,276$1,862$1,516$553
19 years$3,135$2,564$2,083$1,682$1,351$460
20 years$2,947$2,383$1,912$1,524$1,207$383
21 years$2,777$2,220$1,759$1,383$1,080$319
22 years$2,623$2,072$1,621$1,257$968$266
23 years$2,482$1,938$1,497$1,145$869$222
24 years$2,353$1,816$1,384$1,044$781$186
25 years$2,235$1,704$1,282$954$703$155
26 years$2,126$1,601$1,189$872$633$130
27 years$2,026$1,507$1,104$798$571$108
28 years$1,932$1,420$1,026$731$515$91
29 years$1,846$1,340$955$671$465$76
30 years$1,765$1,265$890$616$420$64
31 years$1,689$1,196$829$565$380$53
32 years$1,619$1,132$774$520$344$44
33 years$1,553$1,072$723$478$311$37
34 years$1,491$1,016$675$440$282$31
35 years$1,432$963$631$405$255$26
36 years$1,377$914$590$373$231$22
37 years$1,325$868$553$343$209$18
38 years$1,276$825$518$316$190$15
39 years$1,229$785$485$292$172$13
40 years$1,185$747$454$269$156$11
41 years$1,144$711$426$248$142$9
42 years$1,104$677$400$229$129$8
43 years$1,066$645$375$212$117$6
44 years$1,030$615$352$195$106$5
45 years$996$586$331$180$96$4
46 years$963$559$311$167$87$4
47 years$932$534$292$154$79$3
48 years$902$510$274$142$72$3
49 years$874$487$258$131$65$2
50 years$846$465$242$122$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $867,000, adding $2,080 every year, while hoping to spend $23,059 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: 23/47/30 Blend
49$867,000$867,000$867,000$867,000
50$957,580$911,629$898,190$970,531
51$1,030,718$931,764$903,745$1,002,227
52$1,110,544$952,113$908,713$1,034,076
53$1,197,715$972,662$913,050$1,067,691
54$1,292,955$993,395$916,710$1,103,234
55$1,397,061$1,014,296$919,645$1,140,884
56$1,510,911$1,035,347$921,803$1,180,838
57$1,635,472$1,056,526$923,131$1,223,313
58$1,771,806$1,077,813$923,572$1,268,553
59$1,921,087$1,099,182$923,068$1,316,824
60$2,084,604$1,120,608$921,557$1,368,419
61$2,263,777$1,142,062$918,974$1,423,667
62$2,460,173$1,163,513$915,250$1,482,927
63$2,675,514$1,184,929$910,314$1,546,596
64$2,911,698$1,206,272$904,091$1,615,117
65$3,170,817$1,227,505$896,504$1,688,974
66$3,455,173$1,248,585$887,469$1,768,706
67$3,767,302$1,269,467$876,901$1,854,907
68$4,109,999$1,290,103$864,709$1,948,233
69$4,486,342$1,310,441$850,800$2,049,410
70$4,899,721$1,330,425$835,074$2,159,238
71$5,353,872$1,349,995$817,428$2,278,603
72$5,852,909$1,369,087$797,754$2,408,484
73$6,401,365$1,387,632$775,939$2,549,958
74$7,004,235$1,405,557$751,863$2,704,221
75$7,667,021$1,422,783$725,404$2,872,589
76$8,395,783$1,439,226$696,432$3,056,517
77$9,197,202$1,454,796$664,811$3,257,613
78$10,078,634$1,469,399$630,400$3,477,649
79$11,048,187$1,482,932$593,050$3,718,584
80$12,114,792$1,495,286$552,608$3,982,582
81$13,288,292$1,506,345$508,911$4,272,029
82$14,579,529$1,515,987$461,790$4,589,561
83$16,000,450$1,524,080$411,070$4,938,086
84$17,564,221$1,530,485$356,566$5,320,816
85$19,285,345$1,535,053$298,084$5,741,294
86$21,179,806$1,537,626$235,426$6,203,430
87$23,265,214$1,538,037$168,380$6,711,542
88$25,560,973$1,536,108$96,728$7,270,392
89$28,088,464$1,531,649$20,240$7,885,234
90$30,871,248$1,524,461$0$8,561,869
91$33,935,286$1,514,329$0$9,326,342
92$37,309,183$1,501,030$0$10,174,256
93$41,024,461$1,484,322$0$11,106,994
94$45,115,855$1,463,952$0$12,133,235
95$49,621,638$1,439,652$0$13,262,546
96$54,583,986$1,411,136$0$14,505,477
97$60,049,374$1,378,102$0$15,873,656
98$66,069,011$1,340,231$0$17,379,906
99$72,699,333$1,297,184$0$19,038,362
100$80,002,522$1,248,603$0$20,864,609