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%15.1%
1 years$72,257$71,613$70,985$70,372$69,774$68,309
2 years$35,771$35,104$34,459$33,833$33,226$31,757
3 years$23,610$22,941$22,297$21,677$21,080$19,653
4 years$17,531$16,864$16,227$15,617$15,034$13,660
5 years$13,885$13,222$12,593$11,995$11,429$10,111
6 years$11,455$10,797$10,177$9,593$9,043$7,784
7 years$9,719$9,067$8,457$7,887$7,355$6,153
8 years$8,419$7,772$7,172$6,616$6,101$4,958
9 years$7,407$6,767$6,177$5,635$5,138$4,052
10 years$6,599$5,965$5,385$4,858$4,378$3,348
11 years$5,938$5,310$4,741$4,228$3,765$2,790
12 years$5,387$4,766$4,208$3,708$3,263$2,341
13 years$4,922$4,307$3,759$3,274$2,845$1,975
14 years$4,523$3,915$3,378$2,906$2,494$1,674
15 years$4,178$3,576$3,050$2,592$2,196$1,424
16 years$3,877$3,281$2,765$2,321$1,941$1,215
17 years$3,611$3,022$2,516$2,085$1,721$1,040
18 years$3,375$2,792$2,297$1,879$1,530$891
19 years$3,164$2,588$2,103$1,698$1,364$766
20 years$2,974$2,405$1,930$1,538$1,218$659
21 years$2,802$2,240$1,775$1,396$1,090$568
22 years$2,647$2,091$1,636$1,269$977$490
23 years$2,505$1,956$1,510$1,156$877$423
24 years$2,375$1,832$1,397$1,054$788$365
25 years$2,256$1,720$1,294$963$709$316
26 years$2,146$1,616$1,200$880$639$273
27 years$2,044$1,521$1,114$806$576$237
28 years$1,950$1,433$1,036$738$520$205
29 years$1,863$1,352$964$677$469$178
30 years$1,781$1,277$898$621$424$154
31 years$1,705$1,207$837$571$383$134
32 years$1,634$1,142$781$524$347$116
33 years$1,567$1,082$729$482$314$101
34 years$1,504$1,025$681$444$284$87
35 years$1,445$972$637$408$257$76
36 years$1,390$923$596$376$233$66
37 years$1,337$877$558$347$211$57
38 years$1,288$833$522$319$192$50
39 years$1,241$792$489$295$174$43
40 years$1,196$754$459$272$158$37
41 years$1,154$717$430$251$143$32
42 years$1,114$683$403$231$130$28
43 years$1,076$651$379$214$118$24
44 years$1,040$620$355$197$107$21
45 years$1,005$592$334$182$97$18
46 years$972$564$313$168$88$16
47 years$941$539$294$155$80$14
48 years$911$514$277$144$73$12
49 years$882$491$260$133$66$11
50 years$854$469$244$123$60$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $875,000, adding $6,508 every year, while hoping to spend $51,657 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: 58/34/8 Blend
49$875,000$875,000$875,000$875,000
50$970,963$924,588$911,026$1,025,161
51$1,015,039$914,930$886,582$1,052,708
52$1,061,879$903,068$859,589$1,076,320
53$1,111,710$888,838$829,905$1,100,781
54$1,164,783$872,069$797,385$1,126,178
55$1,221,369$852,579$761,875$1,152,607
56$1,281,766$830,173$723,216$1,180,177
57$1,346,302$804,648$681,240$1,209,010
58$1,415,336$775,786$635,772$1,239,244
59$1,489,260$743,359$586,630$1,271,034
60$1,568,505$707,125$533,623$1,304,553
61$1,653,545$666,826$476,552$1,339,995
62$1,744,898$622,191$415,207$1,377,578
63$1,843,133$572,935$349,373$1,417,546
64$1,948,877$518,753$278,821$1,460,172
65$2,062,815$459,324$203,314$1,505,762
66$2,185,702$394,311$122,605$1,554,656
67$2,318,367$323,356$36,436$1,607,235
68$2,461,720$246,080$0$1,663,924
69$2,616,762$162,084$0$1,729,937
70$2,784,593$70,947$0$1,804,690
71$2,966,421$0$0$1,885,683
72$3,163,576$0$0$1,983,992
73$3,377,520$0$0$2,119,538
74$3,609,862$0$0$2,266,805
75$3,862,369$0$0$2,426,923
76$4,136,987$0$0$2,601,133
77$4,435,857$0$0$2,790,802
78$4,761,334$0$0$2,997,435
79$5,116,010$0$0$3,222,686
80$5,502,736$0$0$3,468,377
81$5,924,653$0$0$3,736,514
82$6,385,216$0$0$4,029,303
83$6,888,228$0$0$4,349,174
84$7,437,876$0$0$4,698,802
85$8,038,771$0$0$5,081,131
86$8,695,986$0$0$5,499,404
87$9,415,112$0$0$5,957,191
88$10,202,301$0$0$6,458,422
89$11,064,329$0$0$7,007,428
90$12,008,657$0$0$7,608,975
91$13,043,504$0$0$8,268,313
92$14,177,918$0$0$8,991,225
93$15,421,869$0$0$9,784,081
94$16,786,333$0$0$10,653,893
95$18,283,402$0$0$11,608,390
96$19,926,396$0$0$12,656,080
97$21,729,985$0$0$13,806,340
98$23,710,330$0$0$15,069,495
99$25,885,232$0$0$16,456,922
100$28,274,302$0$0$17,981,151