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%14%
1 years$72,257$71,613$70,985$70,372$69,774$68,618
2 years$35,771$35,104$34,459$33,833$33,226$32,064
3 years$23,610$22,941$22,297$21,677$21,080$19,949
4 years$17,531$16,864$16,227$15,617$15,034$13,943
5 years$13,885$13,222$12,593$11,995$11,429$10,381
6 years$11,455$10,797$10,177$9,593$9,043$8,039
7 years$9,719$9,067$8,457$7,887$7,355$6,395
8 years$8,419$7,772$7,172$6,616$6,101$5,185
9 years$7,407$6,767$6,177$5,635$5,138$4,266
10 years$6,599$5,965$5,385$4,858$4,378$3,548
11 years$5,938$5,310$4,741$4,228$3,765$2,978
12 years$5,387$4,766$4,208$3,708$3,263$2,516
13 years$4,922$4,307$3,759$3,274$2,845$2,138
14 years$4,523$3,915$3,378$2,906$2,494$1,826
15 years$4,178$3,576$3,050$2,592$2,196$1,565
16 years$3,877$3,281$2,765$2,321$1,941$1,346
17 years$3,611$3,022$2,516$2,085$1,721$1,161
18 years$3,375$2,792$2,297$1,879$1,530$1,003
19 years$3,164$2,588$2,103$1,698$1,364$869
20 years$2,974$2,405$1,930$1,538$1,218$754
21 years$2,802$2,240$1,775$1,396$1,090$655
22 years$2,647$2,091$1,636$1,269$977$570
23 years$2,505$1,956$1,510$1,156$877$496
24 years$2,375$1,832$1,397$1,054$788$432
25 years$2,256$1,720$1,294$963$709$377
26 years$2,146$1,616$1,200$880$639$329
27 years$2,044$1,521$1,114$806$576$288
28 years$1,950$1,433$1,036$738$520$251
29 years$1,863$1,352$964$677$469$220
30 years$1,781$1,277$898$621$424$192
31 years$1,705$1,207$837$571$383$168
32 years$1,634$1,142$781$524$347$147
33 years$1,567$1,082$729$482$314$129
34 years$1,504$1,025$681$444$284$113
35 years$1,445$972$637$408$257$99
36 years$1,390$923$596$376$233$87
37 years$1,337$877$558$347$211$76
38 years$1,288$833$522$319$192$67
39 years$1,241$792$489$295$174$58
40 years$1,196$754$459$272$158$51
41 years$1,154$717$430$251$143$45
42 years$1,114$683$403$231$130$39
43 years$1,076$651$379$214$118$34
44 years$1,040$620$355$197$107$30
45 years$1,005$592$334$182$97$26
46 years$972$564$313$168$88$23
47 years$941$539$294$155$80$20
48 years$911$514$277$144$73$18
49 years$882$491$260$133$66$16
50 years$854$469$244$123$60$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $875,000, adding $3,233 every year, while hoping to spend $25,430 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: 72/18/10 Blend
49$875,000$875,000$875,000$875,000
50$967,585$921,210$907,647$1,035,183
51$1,039,221$939,292$910,996$1,098,385
52$1,117,312$957,407$913,605$1,164,108
53$1,202,489$975,532$915,422$1,235,376
54$1,295,447$993,637$916,393$1,312,730
55$1,396,952$1,011,694$916,461$1,396,764
56$1,507,845$1,029,671$915,567$1,488,136
57$1,629,054$1,047,534$913,647$1,587,568
58$1,761,600$1,065,245$910,636$1,695,856
59$1,906,606$1,082,766$906,466$1,813,877
60$2,065,311$1,100,052$901,063$1,942,599
61$2,239,077$1,117,059$894,353$2,083,086
62$2,429,405$1,133,737$886,256$2,236,512
63$2,637,947$1,150,033$876,689$2,404,169
64$2,866,524$1,165,891$865,564$2,587,481
65$3,117,141$1,181,251$852,792$2,788,020
66$3,392,005$1,196,047$838,275$3,007,514
67$3,693,547$1,210,212$821,916$3,247,870
68$4,024,447$1,223,670$803,608$3,511,188
69$4,387,655$1,236,344$783,243$3,799,784
70$4,786,420$1,248,150$760,706$4,116,208
71$5,224,324$1,258,997$735,878$4,463,271
72$5,705,308$1,268,792$708,634$4,844,073
73$6,233,718$1,277,431$678,842$5,262,027
74$6,814,340$1,284,808$646,365$5,720,896
75$7,452,446$1,290,806$611,062$6,224,828
76$8,153,844$1,295,305$572,781$6,778,392
77$8,924,934$1,298,173$531,368$7,386,626
78$9,772,767$1,299,273$486,658$8,055,081
79$10,705,109$1,298,458$438,481$8,789,874
80$11,730,520$1,295,571$386,659$9,597,749
81$12,858,427$1,290,448$331,006$10,486,135
82$14,099,219$1,282,913$271,328$11,463,224
83$15,464,343$1,272,780$207,421$12,538,041
84$16,966,411$1,259,850$139,074$13,720,533
85$18,619,317$1,243,916$66,066$15,021,664
86$20,438,374$1,224,753$0$16,453,517
87$22,440,450$1,202,129$0$18,030,671
88$24,644,136$1,175,793$0$19,774,144
89$27,069,912$1,145,481$0$21,693,081
90$29,740,348$1,110,914$0$23,805,335
91$32,680,311$1,071,797$0$26,130,583
92$35,917,204$1,027,815$0$28,690,506
93$39,481,219$978,640$0$31,509,000
94$43,405,630$923,919$0$34,612,396
95$47,727,095$863,282$0$38,029,713
96$52,486,014$796,338$0$41,792,930
97$57,726,902$722,673$0$45,937,289
98$63,498,810$641,848$0$50,501,628
99$69,855,792$553,402$0$55,528,746
100$76,857,409$456,845$0$61,065,810