Can I retire at age 50 with 868,000?

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 $868,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$71,679$71,040$70,417$69,809$69,216$67,161
2 years$35,484$34,824$34,183$33,562$32,960$30,907
3 years$23,421$22,758$22,119$21,504$20,911$18,924
4 years$17,391$16,729$16,097$15,492$14,914$13,008
5 years$13,774$13,116$12,492$11,899$11,337$9,518
6 years$11,363$10,710$10,095$9,516$8,971$7,240
7 years$9,642$8,994$8,389$7,824$7,296$5,653
8 years$8,351$7,710$7,115$6,563$6,052$4,496
9 years$7,348$6,713$6,128$5,590$5,097$3,626
10 years$6,546$5,917$5,342$4,819$4,343$2,955
11 years$5,890$5,268$4,703$4,194$3,735$2,428
12 years$5,344$4,728$4,174$3,679$3,237$2,008
13 years$4,883$4,273$3,729$3,248$2,823$1,670
14 years$4,487$3,884$3,351$2,883$2,474$1,394
15 years$4,145$3,548$3,025$2,571$2,178$1,168
16 years$3,846$3,255$2,743$2,302$1,925$981
17 years$3,582$2,998$2,496$2,068$1,707$826
18 years$3,348$2,770$2,278$1,864$1,518$697
19 years$3,138$2,567$2,086$1,684$1,353$589
20 years$2,950$2,386$1,914$1,525$1,208$498
21 years$2,780$2,222$1,761$1,384$1,081$422
22 years$2,626$2,074$1,623$1,259$969$358
23 years$2,485$1,940$1,498$1,146$870$304
24 years$2,356$1,818$1,386$1,046$782$258
25 years$2,238$1,706$1,283$955$704$219
26 years$2,129$1,603$1,190$873$634$186
27 years$2,028$1,509$1,105$799$572$158
28 years$1,935$1,422$1,028$732$516$135
29 years$1,848$1,341$956$671$466$115
30 years$1,767$1,267$891$616$421$98
31 years$1,691$1,197$830$566$380$83
32 years$1,621$1,133$775$520$344$71
33 years$1,554$1,073$723$478$311$60
34 years$1,492$1,017$676$440$282$51
35 years$1,434$965$632$405$255$44
36 years$1,379$915$591$373$231$37
37 years$1,327$870$553$344$210$32
38 years$1,277$826$518$317$190$27
39 years$1,231$786$485$292$172$23
40 years$1,187$748$455$269$156$20
41 years$1,145$712$427$249$142$17
42 years$1,105$678$400$229$129$14
43 years$1,067$646$376$212$117$12
44 years$1,031$616$353$196$106$10
45 years$997$587$331$181$96$9
46 years$964$560$311$167$87$8
47 years$933$534$292$154$79$6
48 years$903$510$274$142$72$5
49 years$875$487$258$132$65$5
50 years$847$465$243$122$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $868,000, adding $2,525 every year, while hoping to spend $29,572 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: 29/44/27 Blend
49$868,000$868,000$868,000$868,000
50$959,141$913,137$899,683$978,885
51$1,025,508$926,416$898,358$1,007,904
52$1,097,655$939,355$895,997$1,036,334
53$1,176,138$951,905$892,535$1,066,304
54$1,261,571$964,016$887,903$1,097,967
55$1,354,632$975,633$882,027$1,131,495
56$1,456,062$986,697$874,833$1,167,077
57$1,566,680$997,145$866,240$1,204,923
58$1,687,388$1,006,912$856,166$1,245,267
59$1,819,177$1,015,926$844,522$1,288,370
60$1,963,138$1,024,111$831,219$1,334,519
61$2,120,473$1,031,387$816,159$1,384,035
62$2,292,504$1,037,668$799,244$1,437,273
63$2,480,689$1,042,863$780,367$1,494,627
64$2,686,630$1,046,874$759,421$1,556,535
65$2,912,094$1,049,599$736,289$1,623,481
66$3,159,025$1,050,927$710,852$1,696,002
67$3,429,565$1,050,742$682,986$1,774,695
68$3,726,073$1,048,919$652,557$1,860,219
69$4,051,144$1,045,329$619,430$1,953,305
70$4,407,641$1,039,830$583,461$2,054,764
71$4,798,714$1,032,275$544,501$2,165,492
72$5,227,834$1,022,508$502,392$2,286,482
73$5,698,822$1,010,360$456,972$2,418,834
74$6,215,891$995,656$408,069$2,563,764
75$6,783,678$978,209$355,505$2,722,618
76$7,407,292$957,821$299,094$2,896,887
77$8,092,364$934,282$238,642$3,088,218
78$8,845,093$907,370$173,944$3,298,433
79$9,672,310$876,849$104,789$3,529,549
80$10,581,541$842,470$30,955$3,783,792
81$11,581,078$803,971$0$4,063,628
82$12,680,055$761,072$0$4,385,562
83$13,888,535$713,479$0$4,749,233
84$15,217,606$660,880$0$5,149,115
85$16,679,484$602,945$0$5,588,958
86$18,287,628$539,327$0$6,072,902
87$20,056,869$469,656$0$6,605,517
88$22,003,545$393,545$0$7,191,843
89$24,145,660$310,582$0$7,837,444
90$26,503,050$220,333$0$8,548,459
91$29,097,571$122,339$0$9,331,659
92$31,953,306$16,117$0$10,194,517
93$35,096,792$0$0$11,145,277
94$38,557,267$0$0$12,240,891
95$42,366,949$0$0$13,455,830
96$46,561,340$0$0$14,793,634
97$51,179,557$0$0$16,266,800
98$56,264,704$0$0$17,889,103
99$61,864,278$0$0$19,675,718
100$68,030,617$0$0$21,643,368