Can I retire at age 50 with 873,000?

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 $873,000?

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$72,092$71,449$70,823$70,211$69,614$67,251
2 years$35,689$35,024$34,380$33,755$33,150$30,793
3 years$23,556$22,889$22,246$21,627$21,031$18,755
4 years$17,491$16,826$16,190$15,581$15,000$12,820
5 years$13,853$13,191$12,564$11,968$11,403$9,326
6 years$11,428$10,772$10,153$9,571$9,023$7,051
7 years$9,697$9,046$8,437$7,869$7,338$5,471
8 years$8,399$7,754$7,156$6,601$6,087$4,324
9 years$7,390$6,751$6,163$5,623$5,126$3,464
10 years$6,584$5,951$5,373$4,847$4,368$2,803
11 years$5,924$5,298$4,730$4,218$3,757$2,287
12 years$5,375$4,755$4,198$3,700$3,255$1,878
13 years$4,911$4,297$3,751$3,266$2,839$1,549
14 years$4,513$3,906$3,370$2,900$2,488$1,284
15 years$4,169$3,568$3,043$2,586$2,191$1,067
16 years$3,868$3,274$2,759$2,315$1,936$889
17 years$3,602$3,015$2,510$2,080$1,717$743
18 years$3,367$2,786$2,292$1,875$1,527$622
19 years$3,156$2,582$2,098$1,694$1,361$521
20 years$2,967$2,399$1,925$1,534$1,215$437
21 years$2,796$2,235$1,771$1,392$1,088$367
22 years$2,641$2,086$1,632$1,266$975$309
23 years$2,499$1,951$1,507$1,153$875$260
24 years$2,370$1,828$1,394$1,052$787$219
25 years$2,251$1,716$1,291$960$708$184
26 years$2,141$1,612$1,197$878$638$155
27 years$2,040$1,517$1,112$804$575$131
28 years$1,946$1,430$1,033$736$519$110
29 years$1,858$1,349$962$675$468$93
30 years$1,777$1,274$896$620$423$78
31 years$1,701$1,204$835$569$383$66
32 years$1,630$1,140$779$523$346$56
33 years$1,563$1,079$728$481$313$47
34 years$1,501$1,023$680$443$284$40
35 years$1,442$970$636$407$257$34
36 years$1,387$921$595$375$233$28
37 years$1,334$875$556$346$211$24
38 years$1,285$831$521$319$191$20
39 years$1,238$790$488$294$173$17
40 years$1,194$752$458$271$157$14
41 years$1,151$716$429$250$143$12
42 years$1,111$682$403$231$129$10
43 years$1,073$649$378$213$118$9
44 years$1,037$619$355$197$107$7
45 years$1,003$590$333$182$97$6
46 years$970$563$313$168$88$5
47 years$938$537$294$155$80$4
48 years$908$513$276$143$73$4
49 years$880$490$259$132$66$3
50 years$852$468$244$122$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $873,000, adding $3,690 every year, while hoping to spend $34,598 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: 41/47/12 Blend
49$873,000$873,000$873,000$873,000
50$965,852$919,583$906,052$1,001,880
51$1,027,557$927,831$899,592$1,035,822
52$1,094,396$935,323$891,757$1,068,823
53$1,166,857$941,986$882,463$1,103,777
54$1,245,475$947,742$871,624$1,140,877
55$1,330,839$952,507$859,150$1,180,336
56$1,423,598$956,193$844,944$1,222,393
57$1,524,464$958,706$828,909$1,267,309
58$1,634,222$959,945$810,940$1,315,378
59$1,753,734$959,803$790,928$1,366,924
60$1,883,951$958,169$768,760$1,422,306
61$2,025,916$954,922$744,316$1,481,922
62$2,180,781$949,935$717,471$1,546,213
63$2,349,811$943,072$688,097$1,615,670
64$2,534,399$934,190$656,056$1,690,834
65$2,736,081$923,138$621,206$1,772,306
66$2,956,543$909,754$583,399$1,860,752
67$3,197,647$893,868$542,479$1,956,907
68$3,461,438$875,299$498,284$2,061,588
69$3,750,171$853,855$450,643$2,175,698
70$4,066,329$829,334$399,380$2,300,237
71$4,412,644$801,522$344,309$2,436,311
72$4,792,128$770,190$285,237$2,585,144
73$5,208,095$735,099$221,962$2,748,091
74$5,664,196$695,994$154,273$2,926,650
75$6,164,453$652,607$81,950$3,122,478
76$6,713,295$604,653$4,764$3,337,409
77$7,315,601$551,831$0$3,573,468
78$7,976,746$493,824$0$3,842,833
79$8,702,648$430,295$0$4,139,341
80$9,499,828$360,890$0$4,465,152
81$10,375,471$285,234$0$4,823,327
82$11,337,489$202,931$0$5,217,246
83$12,394,601$113,562$0$5,650,641
84$13,556,409$16,685$0$6,127,633
85$14,833,494$0$0$6,652,774
86$16,237,514$0$0$7,276,684
87$17,781,311$0$0$7,972,320
88$19,479,033$0$0$8,737,444
89$21,346,270$0$0$9,579,096
90$23,400,197$0$0$10,505,036
91$25,659,737$0$0$11,523,810
92$28,145,742$0$0$12,644,839
93$30,881,183$0$0$13,878,499
94$33,891,373$0$0$15,236,225
95$37,204,203$0$0$16,730,615
96$40,850,402$0$0$18,375,553
97$44,863,832$0$0$20,186,334
98$49,281,802$0$0$22,179,814
99$54,145,424$0$0$24,374,565
100$59,499,996$0$0$26,791,051