Can I retire at age 50 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$72,339$71,695$71,066$70,453$69,853$68,555
2 years$35,812$35,145$34,498$33,871$33,264$31,961
3 years$23,637$22,967$22,323$21,702$21,104$19,836
4 years$17,551$16,883$16,245$15,635$15,051$13,830
5 years$13,901$13,237$12,607$12,009$11,442$10,269
6 years$11,468$10,809$10,188$9,604$9,054$7,931
7 years$9,730$9,077$8,466$7,896$7,363$6,291
8 years$8,428$7,781$7,180$6,624$6,108$5,087
9 years$7,416$6,775$6,184$5,642$5,144$4,172
10 years$6,606$5,972$5,392$4,863$4,383$3,460
11 years$5,945$5,316$4,747$4,233$3,770$2,894
12 years$5,394$4,771$4,213$3,713$3,267$2,438
13 years$4,928$4,312$3,764$3,278$2,849$2,065
14 years$4,529$3,919$3,382$2,909$2,497$1,757
15 years$4,183$3,581$3,053$2,595$2,199$1,501
16 years$3,881$3,285$2,768$2,323$1,943$1,286
17 years$3,615$3,025$2,519$2,087$1,723$1,105
18 years$3,378$2,796$2,299$1,881$1,532$952
19 years$3,167$2,591$2,105$1,700$1,365$821
20 years$2,977$2,408$1,932$1,540$1,220$710
21 years$2,806$2,243$1,777$1,397$1,091$615
22 years$2,650$2,093$1,638$1,270$978$533
23 years$2,508$1,958$1,512$1,157$878$462
24 years$2,378$1,834$1,399$1,055$789$401
25 years$2,258$1,722$1,295$964$710$349
26 years$2,148$1,618$1,201$881$640$303
27 years$2,047$1,523$1,116$807$577$264
28 years$1,952$1,435$1,037$739$520$229
29 years$1,865$1,354$965$678$470$200
30 years$1,783$1,278$899$622$425$174
31 years$1,707$1,208$838$571$384$152
32 years$1,636$1,143$782$525$347$132
33 years$1,569$1,083$730$483$314$115
34 years$1,506$1,026$682$444$285$101
35 years$1,447$973$638$409$258$88
36 years$1,391$924$597$377$234$77
37 years$1,339$878$558$347$212$67
38 years$1,289$834$523$320$192$58
39 years$1,242$793$490$295$174$51
40 years$1,198$754$459$272$158$44
41 years$1,155$718$431$251$143$39
42 years$1,115$684$404$232$130$34
43 years$1,077$652$379$214$118$30
44 years$1,041$621$356$197$107$26
45 years$1,006$592$334$182$97$22
46 years$973$565$314$168$88$20
47 years$942$539$295$156$80$17
48 years$912$515$277$144$73$15
49 years$883$492$260$133$66$13
50 years$855$470$245$123$60$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $876,000, adding $2,117 every year, while hoping to spend $39,316 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: 45/44/11 Blend
49$876,000$876,000$876,000$876,000
50$967,536$921,108$907,530$1,007,965
51$1,024,392$924,410$896,100$1,039,516
52$1,085,731$926,557$882,970$1,069,526
53$1,151,967$927,449$868,040$1,101,183
54$1,223,556$926,983$851,209$1,134,656
55$1,301,002$925,048$832,367$1,170,129
56$1,384,855$921,527$811,403$1,207,809
57$1,475,723$916,294$788,197$1,247,927
58$1,574,272$909,218$762,627$1,290,737
59$1,681,236$900,157$734,563$1,336,524
60$1,797,421$888,964$703,870$1,385,605
61$1,923,715$875,481$670,407$1,438,331
62$2,061,095$859,540$634,026$1,495,092
63$2,210,633$840,964$594,573$1,556,321
64$2,373,513$819,567$551,887$1,622,500
65$2,551,035$795,149$505,798$1,694,163
66$2,744,629$767,500$456,131$1,771,903
67$2,955,872$736,398$402,702$1,856,378
68$3,186,497$701,608$345,319$1,948,318
69$3,438,414$662,881$283,781$2,048,531
70$3,713,723$619,953$217,879$2,157,915
71$4,014,738$572,546$147,393$2,277,464
72$4,344,007$520,366$72,096$2,408,278
73$4,704,334$463,102$0$2,551,579
74$5,098,807$400,425$0$2,709,687
75$5,530,827$331,988$0$2,892,224
76$6,004,140$257,423$0$3,092,405
77$6,522,869$176,344$0$3,312,098
78$7,091,557$88,340$0$3,553,366
79$7,715,207$0$0$3,818,490
80$8,399,329$0$0$4,113,391
81$9,149,993$0$0$4,484,012
82$9,973,883$0$0$4,890,895
83$10,878,363$0$0$5,337,690
84$11,871,545$0$0$5,828,417
85$12,962,365$0$0$6,367,506
86$14,160,667$0$0$6,959,837
87$15,477,293$0$0$7,610,785
88$16,924,191$0$0$8,326,273
89$18,514,521$0$0$9,112,825
90$20,262,783$0$0$9,977,630
91$22,184,951$0$0$10,928,606
92$24,298,624$0$0$11,974,480
93$26,623,191$0$0$13,124,864
94$29,180,018$0$0$14,390,350
95$31,992,640$0$0$15,782,609
96$35,086,991$0$0$17,314,498
97$38,491,647$0$0$19,000,184
98$42,238,089$0$0$20,855,279
99$46,361,008$0$0$22,896,981
100$50,898,625$0$0$25,144,242