Can I retire at age 50 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$72,009$71,368$70,742$70,131$69,535$67,826
2 years$35,648$34,984$34,341$33,717$33,112$31,401
3 years$23,529$22,862$22,221$21,603$21,007$19,348
4 years$17,471$16,806$16,171$15,564$14,983$13,387
5 years$13,837$13,176$12,549$11,954$11,390$9,863
6 years$11,415$10,760$10,142$9,560$9,012$7,555
7 years$9,686$9,036$8,428$7,860$7,329$5,942
8 years$8,390$7,745$7,147$6,593$6,080$4,763
9 years$7,382$6,744$6,156$5,616$5,121$3,872
10 years$6,576$5,944$5,367$4,841$4,363$3,181
11 years$5,918$5,292$4,725$4,213$3,752$2,636
12 years$5,369$4,750$4,193$3,696$3,252$2,199
13 years$4,905$4,292$3,746$3,263$2,836$1,844
14 years$4,508$3,902$3,366$2,896$2,486$1,553
15 years$4,164$3,564$3,039$2,583$2,189$1,313
16 years$3,863$3,270$2,756$2,313$1,934$1,113
17 years$3,598$3,012$2,507$2,078$1,715$946
18 years$3,363$2,783$2,289$1,873$1,525$806
19 years$3,153$2,579$2,095$1,692$1,359$688
20 years$2,964$2,397$1,923$1,533$1,214$588
21 years$2,793$2,232$1,769$1,391$1,086$503
22 years$2,638$2,084$1,630$1,265$974$431
23 years$2,496$1,949$1,505$1,152$874$369
24 years$2,367$1,826$1,392$1,050$786$317
25 years$2,248$1,714$1,289$959$707$272
26 years$2,139$1,611$1,196$877$637$234
27 years$2,037$1,516$1,110$803$574$201
28 years$1,943$1,428$1,032$736$518$173
29 years$1,856$1,347$961$675$468$149
30 years$1,775$1,272$895$619$423$128
31 years$1,699$1,203$834$569$382$110
32 years$1,628$1,138$778$523$346$95
33 years$1,562$1,078$727$481$313$82
34 years$1,499$1,022$679$442$283$70
35 years$1,440$969$635$407$257$61
36 years$1,385$920$594$375$232$52
37 years$1,333$874$556$345$211$45
38 years$1,283$830$521$318$191$39
39 years$1,236$789$488$294$173$33
40 years$1,192$751$457$271$157$29
41 years$1,150$715$429$250$143$25
42 years$1,110$681$402$231$129$21
43 years$1,072$649$377$213$117$18
44 years$1,036$618$354$196$107$16
45 years$1,002$590$333$181$97$14
46 years$969$563$312$168$88$12
47 years$937$537$293$155$80$10
48 years$907$512$276$143$72$9
49 years$879$489$259$132$66$8
50 years$851$467$244$122$60$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $872,000, adding $2,437 every year, while hoping to spend $37,083 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: 82/12/6 Blend
49$872,000$872,000$872,000$872,000
50$963,458$917,242$903,726$1,041,891
51$1,022,274$922,731$894,545$1,099,004
52$1,085,848$927,245$883,813$1,156,467
53$1,154,623$930,700$871,440$1,218,401
54$1,229,091$933,001$857,330$1,285,229
55$1,309,791$934,050$841,383$1,357,421
56$1,397,316$933,744$823,495$1,435,492
57$1,492,316$931,972$803,556$1,520,012
58$1,595,510$928,616$781,453$1,611,605
59$1,707,685$923,551$757,064$1,710,963
60$1,829,708$916,645$730,266$1,818,843
61$1,962,536$907,758$700,927$1,936,084
62$2,107,217$896,740$668,910$2,063,606
63$2,264,907$883,435$634,073$2,202,426
64$2,436,879$867,674$596,265$2,353,663
65$2,624,531$849,281$555,331$2,518,550
66$2,829,405$828,068$511,107$2,698,445
67$3,053,198$803,836$463,422$2,894,847
68$3,297,776$776,376$412,098$3,109,405
69$3,565,195$745,465$356,950$3,343,938
70$3,857,719$710,866$297,781$3,600,448
71$4,177,839$672,332$234,391$3,881,146
72$4,528,301$629,599$166,565$4,188,464
73$4,912,127$582,388$94,084$4,525,084
74$5,332,643$530,404$16,715$4,893,964
75$5,793,516$473,337$0$5,298,360
76$6,298,782$410,858$0$5,746,079
77$6,852,886$342,618$0$6,238,279
78$7,460,725$268,251$0$6,778,268
79$8,127,692$187,369$0$7,370,869
80$8,859,728$99,561$0$8,021,400
81$9,663,376$4,396$0$8,735,720
82$10,545,845$0$0$9,520,284
83$11,515,076$0$0$10,395,226
84$12,579,814$0$0$11,357,043
85$13,749,698$0$0$12,413,864
86$15,035,342$0$0$13,575,279
87$16,448,442$0$0$14,851,858
88$18,001,882$0$0$16,255,243
89$19,709,857$0$0$17,798,260
90$21,588,007$0$0$19,495,042
91$23,653,562$0$0$21,361,159
92$25,925,507$0$0$23,413,765
93$28,424,757$0$0$25,671,761
94$31,174,359$0$0$28,155,970
95$34,199,704$0$0$30,889,338
96$37,528,769$0$0$33,897,146
97$41,192,380$0$0$37,207,248
98$45,224,504$0$0$40,850,338
99$49,662,565$0$0$44,860,233
100$54,547,801$0$0$49,274,197