Can I retire at age 50 with 886,000?

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 $886,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$73,165$72,513$71,877$71,257$70,651$70,088
2 years$36,220$35,546$34,892$34,258$33,643$33,076
3 years$23,907$23,230$22,577$21,950$21,345$20,791
4 years$17,752$17,076$16,431$15,813$15,223$14,686
5 years$14,059$13,388$12,751$12,146$11,572$11,055
6 years$11,599$10,932$10,305$9,713$9,157$8,659
7 years$9,842$9,181$8,563$7,986$7,447$6,968
8 years$8,524$7,870$7,262$6,699$6,178$5,719
9 years$7,501$6,852$6,255$5,706$5,203$4,764
10 years$6,682$6,040$5,453$4,919$4,433$4,013
11 years$6,013$5,377$4,801$4,281$3,813$3,412
12 years$5,455$4,826$4,261$3,755$3,304$2,922
13 years$4,984$4,361$3,807$3,315$2,881$2,517
14 years$4,580$3,964$3,420$2,943$2,526$2,180
15 years$4,231$3,621$3,088$2,624$2,224$1,895
16 years$3,925$3,323$2,800$2,350$1,965$1,654
17 years$3,656$3,060$2,548$2,111$1,743$1,447
18 years$3,417$2,828$2,326$1,903$1,549$1,270
19 years$3,203$2,621$2,129$1,719$1,381$1,117
20 years$3,011$2,435$1,954$1,557$1,234$984
21 years$2,838$2,268$1,797$1,413$1,104$869
22 years$2,680$2,117$1,656$1,285$989$768
23 years$2,536$1,980$1,529$1,170$888$679
24 years$2,405$1,855$1,414$1,067$798$602
25 years$2,284$1,741$1,310$975$718$534
26 years$2,173$1,636$1,215$891$647$474
27 years$2,070$1,540$1,128$816$583$421
28 years$1,975$1,451$1,049$747$526$374
29 years$1,886$1,369$976$685$475$333
30 years$1,804$1,293$909$629$430$296
31 years$1,726$1,222$848$578$388$264
32 years$1,654$1,156$791$531$351$235
33 years$1,587$1,095$738$488$318$209
34 years$1,523$1,038$690$449$288$186
35 years$1,463$985$645$414$261$166
36 years$1,407$934$603$381$236$148
37 years$1,354$888$565$351$214$132
38 years$1,304$843$529$323$194$118
39 years$1,256$802$496$298$176$105
40 years$1,211$763$464$275$160$94
41 years$1,169$726$435$254$145$84
42 years$1,128$692$409$234$131$75
43 years$1,089$659$383$216$119$67
44 years$1,053$628$360$200$108$60
45 years$1,018$599$338$184$98$53
46 years$984$572$317$170$89$48
47 years$952$545$298$157$81$42
48 years$922$521$280$145$74$38
49 years$893$497$263$134$67$34
50 years$865$475$248$124$61$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $886,000, adding $4,936 every year, while hoping to spend $35,070 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: 60/32/8 Blend
49$886,000$886,000$886,000$886,000
50$981,463$934,505$920,772$1,038,363
51$1,044,259$942,982$914,304$1,085,567
52$1,112,283$950,699$906,444$1,132,579
53$1,186,034$957,581$897,108$1,182,978
54$1,266,057$963,550$886,208$1,237,091
55$1,352,952$968,521$873,653$1,295,280
56$1,447,380$972,405$859,347$1,357,942
57$1,550,067$975,107$843,190$1,425,519
58$1,661,812$976,526$825,075$1,498,496
59$1,783,495$976,553$804,893$1,577,410
60$1,916,083$975,076$782,528$1,662,852
61$2,060,641$971,973$757,861$1,755,476
62$2,218,341$967,114$730,764$1,856,004
63$2,390,474$960,364$701,106$1,965,231
64$2,578,459$951,578$668,750$2,084,038
65$2,783,859$940,603$633,550$2,213,394
66$3,008,395$927,275$595,357$2,354,370
67$3,253,962$911,423$554,012$2,508,148
68$3,522,647$892,863$509,352$2,676,033
69$3,816,746$871,402$461,204$2,859,465
70$4,138,789$846,836$409,390$3,060,033
71$4,491,561$818,947$353,720$3,279,490
72$4,878,131$787,506$294,000$3,519,772
73$5,301,877$752,270$230,026$3,783,015
74$5,766,519$712,982$161,582$4,071,574
75$6,276,155$669,370$88,447$4,388,050
76$6,835,301$621,146$10,387$4,735,312
77$7,448,927$568,008$0$5,116,526
78$8,122,510$509,633$0$5,541,409
79$8,862,084$445,682$0$6,008,939
80$9,674,292$375,797$0$6,522,504
81$10,566,457$299,598$0$7,086,815
82$11,546,642$216,685$0$7,707,072
83$12,623,732$126,635$0$8,389,007
84$13,807,514$29,002$0$9,138,940
85$15,108,771$0$0$9,963,843
86$16,539,383$0$0$10,898,408
87$18,112,436$0$0$11,937,332
88$19,842,351$0$0$13,079,935
89$21,745,014$0$0$14,336,722
90$23,837,929$0$0$15,719,263
91$26,140,382$0$0$17,240,310
92$28,673,621$0$0$18,913,911
93$31,461,059$0$0$20,755,544
94$34,528,491$0$0$22,782,265
95$37,904,340$0$0$25,012,866
96$41,619,926$0$0$27,468,052
97$45,709,755$0$0$30,170,640
98$50,211,852$0$0$33,145,768
99$55,168,114$0$0$36,421,137
100$60,624,706$0$0$40,027,271