Can I retire at age 50 with 877,000?

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 $877,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$72,422$71,777$71,147$70,533$69,933$68,022
2 years$35,852$35,185$34,538$33,910$33,302$31,390
3 years$23,664$22,994$22,348$21,727$21,128$19,276
4 years$17,571$16,903$16,264$15,653$15,069$13,290
5 years$13,916$13,252$12,621$12,023$11,455$9,755
6 years$11,481$10,821$10,200$9,615$9,064$7,444
7 years$9,742$9,088$8,476$7,905$7,371$5,832
8 years$8,438$7,790$7,188$6,631$6,115$4,655
9 years$7,424$6,782$6,191$5,648$5,150$3,768
10 years$6,614$5,978$5,398$4,869$4,388$3,083
11 years$5,951$5,322$4,752$4,237$3,774$2,543
12 years$5,400$4,777$4,217$3,717$3,270$2,111
13 years$4,933$4,317$3,768$3,281$2,852$1,762
14 years$4,534$3,924$3,386$2,913$2,500$1,477
15 years$4,188$3,585$3,057$2,598$2,201$1,243
16 years$3,885$3,289$2,771$2,326$1,945$1,049
17 years$3,619$3,029$2,522$2,090$1,725$887
18 years$3,382$2,799$2,302$1,883$1,534$751
19 years$3,171$2,594$2,107$1,702$1,367$638
20 years$2,981$2,410$1,934$1,541$1,221$542
21 years$2,809$2,245$1,779$1,399$1,093$462
22 years$2,653$2,096$1,640$1,272$979$393
23 years$2,511$1,960$1,514$1,158$879$335
24 years$2,381$1,837$1,400$1,056$790$286
25 years$2,261$1,724$1,297$965$711$244
26 years$2,151$1,620$1,203$882$641$209
27 years$2,049$1,524$1,117$807$577$178
28 years$1,955$1,436$1,038$740$521$152
29 years$1,867$1,355$966$678$471$130
30 years$1,785$1,280$900$623$425$112
31 years$1,709$1,210$839$572$384$95
32 years$1,638$1,145$783$526$348$82
33 years$1,571$1,084$731$483$315$70
34 years$1,508$1,027$683$445$285$60
35 years$1,449$975$638$409$258$51
36 years$1,393$925$597$377$234$44
37 years$1,340$879$559$347$212$38
38 years$1,291$835$524$320$192$32
39 years$1,244$794$490$295$174$28
40 years$1,199$755$460$272$158$24
41 years$1,157$719$431$251$143$20
42 years$1,117$685$404$232$130$17
43 years$1,078$652$379$214$118$15
44 years$1,042$622$356$198$107$13
45 years$1,007$593$334$182$97$11
46 years$974$566$314$169$88$9
47 years$943$540$295$156$80$8
48 years$913$515$277$144$73$7
49 years$884$492$261$133$66$6
50 years$856$470$245$123$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $877,000, adding $2,906 every year, while hoping to spend $55,852 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: 26/47/27 Blend
49$877,000$877,000$877,000$877,000
50$969,452$922,971$909,377$986,401
51$1,008,910$908,770$880,415$986,281
52$1,050,520$892,002$848,611$981,171
53$1,094,444$872,481$813,811$974,534
54$1,140,857$850,012$775,853$966,279
55$1,189,949$824,387$734,569$956,312
56$1,241,930$795,388$689,782$944,534
57$1,297,027$762,782$641,310$930,847
58$1,355,489$726,323$588,959$915,146
59$1,417,588$685,752$532,528$897,326
60$1,483,622$640,795$471,808$877,277
61$1,553,917$591,159$406,579$854,890
62$1,628,829$536,539$336,613$830,050
63$1,708,750$476,609$261,669$802,643
64$1,794,107$411,027$181,499$772,554
65$1,885,368$339,430$95,842$739,665
66$1,983,049$261,435$4,426$703,858
67$2,087,712$176,638$0$665,017
68$2,199,976$84,610$0$649,857
69$2,320,519$0$0$634,537
70$2,450,087$0$0$625,567
71$2,589,496$0$0$663,103
72$2,739,644$0$0$703,640
73$2,901,516$0$0$747,458
74$3,076,196$0$0$794,865
75$3,264,874$0$0$846,199
76$3,468,856$0$0$901,833
77$3,689,579$0$0$962,174
78$3,928,624$0$0$1,027,674
79$4,187,726$0$0$1,098,826
80$4,468,797$0$0$1,176,176
81$4,773,934$0$0$1,260,321
82$5,105,450$0$0$1,351,920
83$5,465,884$0$0$1,451,699
84$5,858,032$0$0$1,560,454
85$6,284,970$0$0$1,679,063
86$6,750,082$0$0$1,808,494
87$7,257,094$0$0$1,949,808
88$7,810,103$0$0$2,104,177
89$8,413,622$0$0$2,272,890
90$9,072,617$0$0$2,457,365
91$9,792,555$0$0$2,659,165
92$10,579,454$0$0$2,880,009
93$11,439,941$0$0$3,121,793
94$12,381,311$0$0$3,386,601
95$13,411,598$0$0$3,676,730
96$14,539,646$0$0$3,994,711
97$15,775,198$0$0$4,343,329
98$17,128,979$0$0$4,725,652
99$18,612,805$0$0$5,145,060
100$20,239,687$0$0$5,605,276