Can I retire at age 50 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$72,257$71,613$70,985$70,372$69,774$67,730
2 years$35,771$35,104$34,459$33,833$33,226$31,183
3 years$23,610$22,941$22,297$21,677$21,080$19,103
4 years$17,531$16,864$16,227$15,617$15,034$13,138
5 years$13,885$13,222$12,593$11,995$11,429$9,618
6 years$11,455$10,797$10,177$9,593$9,043$7,319
7 years$9,719$9,067$8,457$7,887$7,355$5,718
8 years$8,419$7,772$7,172$6,616$6,101$4,551
9 years$7,407$6,767$6,177$5,635$5,138$3,673
10 years$6,599$5,965$5,385$4,858$4,378$2,995
11 years$5,938$5,310$4,741$4,228$3,765$2,463
12 years$5,387$4,766$4,208$3,708$3,263$2,038
13 years$4,922$4,307$3,759$3,274$2,845$1,695
14 years$4,523$3,915$3,378$2,906$2,494$1,416
15 years$4,178$3,576$3,050$2,592$2,196$1,187
16 years$3,877$3,281$2,765$2,321$1,941$998
17 years$3,611$3,022$2,516$2,085$1,721$841
18 years$3,375$2,792$2,297$1,879$1,530$710
19 years$3,164$2,588$2,103$1,698$1,364$601
20 years$2,974$2,405$1,930$1,538$1,218$509
21 years$2,802$2,240$1,775$1,396$1,090$431
22 years$2,647$2,091$1,636$1,269$977$366
23 years$2,505$1,956$1,510$1,156$877$311
24 years$2,375$1,832$1,397$1,054$788$264
25 years$2,256$1,720$1,294$963$709$225
26 years$2,146$1,616$1,200$880$639$191
27 years$2,044$1,521$1,114$806$576$163
28 years$1,950$1,433$1,036$738$520$139
29 years$1,863$1,352$964$677$469$118
30 years$1,781$1,277$898$621$424$101
31 years$1,705$1,207$837$571$383$86
32 years$1,634$1,142$781$524$347$73
33 years$1,567$1,082$729$482$314$62
34 years$1,504$1,025$681$444$284$53
35 years$1,445$972$637$408$257$45
36 years$1,390$923$596$376$233$39
37 years$1,337$877$558$347$211$33
38 years$1,288$833$522$319$192$28
39 years$1,241$792$489$295$174$24
40 years$1,196$754$459$272$158$20
41 years$1,154$717$430$251$143$17
42 years$1,114$683$403$231$130$15
43 years$1,076$651$379$214$118$13
44 years$1,040$620$355$197$107$11
45 years$1,005$592$334$182$97$9
46 years$972$564$313$168$88$8
47 years$941$539$294$155$80$7
48 years$911$514$277$144$73$6
49 years$882$491$260$133$66$5
50 years$854$469$244$123$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $875,000, adding $3,672 every year, while hoping to spend $27,555 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: 74/17/9 Blend
49$875,000$875,000$875,000$875,000
50$968,038$921,663$908,100$1,037,914
51$1,037,459$937,506$909,203$1,100,328
52$1,113,038$953,202$909,420$1,164,860
53$1,195,374$968,714$908,691$1,234,784
54$1,285,125$984,004$906,955$1,310,625
55$1,383,017$999,030$904,147$1,392,961
56$1,489,848$1,013,746$900,200$1,482,427
57$1,606,498$1,028,105$895,042$1,579,728
58$1,733,934$1,042,055$888,599$1,685,634
59$1,873,221$1,055,541$880,793$1,800,998
60$2,025,531$1,068,505$871,541$1,926,758
61$2,192,157$1,080,883$860,759$2,063,948
62$2,374,518$1,092,608$848,356$2,213,707
63$2,574,182$1,103,608$834,239$2,377,290
64$2,792,871$1,113,808$818,308$2,556,081
65$3,032,485$1,123,125$800,462$2,751,602
66$3,295,113$1,131,473$780,593$2,965,535
67$3,583,059$1,138,760$758,587$3,199,729
68$3,898,859$1,144,886$734,327$3,456,225
69$4,245,305$1,149,749$707,690$3,737,271
70$4,625,475$1,153,235$678,547$4,045,343
71$5,042,758$1,155,228$646,762$4,383,172
72$5,500,886$1,155,601$612,195$4,753,766
73$6,003,972$1,154,221$574,699$5,160,443
74$6,556,545$1,150,946$534,120$5,606,856
75$7,163,596$1,145,626$490,297$6,097,032
76$7,830,623$1,138,101$443,061$6,635,412
77$8,563,680$1,128,202$392,238$7,226,888
78$9,369,442$1,115,750$337,644$7,876,851
79$10,255,257$1,100,554$279,087$8,591,244
80$11,229,224$1,082,412$216,368$9,376,617
81$12,300,266$1,061,111$149,277$10,240,189
82$13,478,213$1,036,425$77,597$11,189,914
83$14,773,895$1,008,114$1,101$12,234,563
84$16,199,244$975,924$0$13,383,797
85$17,767,410$939,587$0$14,656,003
86$19,492,877$898,819$0$16,055,800
87$21,391,608$853,318$0$17,596,046
88$23,481,188$802,767$0$19,291,025
89$25,780,996$746,829$0$21,156,479
90$28,312,384$685,150$0$23,209,757
91$31,098,878$617,353$0$25,469,978
92$34,166,400$543,040$0$27,958,209
93$37,543,516$461,792$0$30,697,671
94$41,261,701$373,166$0$33,713,950
95$45,355,636$276,693$0$37,035,246
96$49,863,537$171,877$0$40,692,636
97$54,827,516$58,197$0$44,720,365
98$60,293,974$0$0$49,156,177
99$66,314,044$0$0$54,053,804
100$72,944,068$0$0$59,459,701