Can I retire at age 50 with 899,000?

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 $899,000?

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$74,239$73,577$72,932$72,302$71,688$70,183
2 years$36,752$36,067$35,404$34,761$34,137$32,628
3 years$24,258$23,570$22,909$22,272$21,658$20,192
4 years$18,012$17,327$16,672$16,045$15,447$14,035
5 years$14,266$13,584$12,938$12,324$11,742$10,389
6 years$11,769$11,093$10,456$9,856$9,291$7,997
7 years$9,986$9,316$8,689$8,103$7,556$6,322
8 years$8,650$7,985$7,369$6,797$6,269$5,094
9 years$7,611$6,953$6,347$5,790$5,279$4,163
10 years$6,780$6,128$5,533$4,991$4,498$3,440
11 years$6,101$5,456$4,871$4,344$3,868$2,866
12 years$5,535$4,897$4,323$3,810$3,352$2,405
13 years$5,057$4,425$3,862$3,364$2,923$2,029
14 years$4,647$4,022$3,470$2,986$2,563$1,720
15 years$4,293$3,675$3,133$2,663$2,256$1,463
16 years$3,983$3,371$2,841$2,384$1,994$1,248
17 years$3,710$3,105$2,585$2,142$1,768$1,068
18 years$3,467$2,869$2,360$1,931$1,572$916
19 years$3,250$2,659$2,160$1,744$1,401$787
20 years$3,055$2,471$1,983$1,580$1,252$677
21 years$2,879$2,302$1,824$1,434$1,120$583
22 years$2,719$2,148$1,681$1,304$1,004$503
23 years$2,574$2,009$1,552$1,187$901$434
24 years$2,440$1,883$1,435$1,083$810$375
25 years$2,318$1,767$1,329$989$729$325
26 years$2,205$1,660$1,233$904$657$281
27 years$2,100$1,563$1,145$828$592$243
28 years$2,004$1,473$1,064$758$534$211
29 years$1,914$1,389$990$695$482$183
30 years$1,830$1,312$923$638$436$158
31 years$1,752$1,240$860$586$394$137
32 years$1,679$1,173$802$539$356$119
33 years$1,610$1,111$749$495$323$103
34 years$1,546$1,053$700$456$292$90
35 years$1,485$999$654$420$265$78
36 years$1,428$948$612$386$240$67
37 years$1,374$901$573$356$217$59
38 years$1,323$856$537$328$197$51
39 years$1,275$814$503$303$179$44
40 years$1,229$774$471$279$162$38
41 years$1,186$737$442$258$147$33
42 years$1,145$702$415$238$133$29
43 years$1,105$669$389$219$121$25
44 years$1,068$638$365$203$110$22
45 years$1,033$608$343$187$100$19
46 years$999$580$322$173$91$16
47 years$966$553$302$160$82$14
48 years$936$528$284$148$75$12
49 years$906$505$267$136$68$11
50 years$878$482$251$126$62$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $899,000, adding $6,731 every year, while hoping to spend $33,289 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: 29/45/26 Blend
49$899,000$899,000$899,000$899,000
50$997,641$949,994$936,060$1,018,380
51$1,063,981$961,124$931,998$1,046,300
52$1,135,972$971,685$926,685$1,072,932
53$1,214,156$981,611$920,043$1,100,888
54$1,299,127$990,837$911,992$1,130,307
55$1,391,540$999,291$902,446$1,161,340
56$1,492,117$1,006,896$891,318$1,194,158
57$1,601,649$1,013,570$878,514$1,228,951
58$1,721,010$1,019,228$863,937$1,265,931
59$1,851,160$1,023,777$847,485$1,305,334
60$1,993,155$1,027,119$829,053$1,347,424
61$2,148,159$1,029,149$808,528$1,392,492
62$2,317,451$1,029,758$785,794$1,440,865
63$2,502,442$1,028,827$760,729$1,492,905
64$2,704,684$1,026,232$733,205$1,549,014
65$2,925,884$1,021,840$703,090$1,609,640
66$3,167,924$1,015,510$670,244$1,675,281
67$3,432,876$1,007,094$634,521$1,746,490
68$3,723,020$996,432$595,768$1,823,879
69$4,040,869$983,358$553,827$1,908,129
70$4,389,189$967,694$508,531$1,999,997
71$4,771,026$949,250$459,707$2,100,320
72$5,189,735$927,829$407,172$2,210,028
73$5,649,014$903,217$350,737$2,330,151
74$6,152,931$875,193$290,205$2,461,831
75$6,705,971$843,518$225,368$2,606,334
76$7,313,072$807,943$156,010$2,765,063
77$7,979,675$768,202$81,906$2,939,570
78$8,711,772$724,014$2,820$3,131,575
79$9,515,966$675,084$0$3,342,981
80$10,399,529$621,098$0$3,598,529
81$11,370,473$561,723$0$3,880,224
82$12,437,624$496,610$0$4,189,938
83$13,610,706$425,389$0$4,530,604
84$14,900,433$347,668$0$4,905,459
85$16,318,607$263,034$0$5,318,081
86$17,878,233$171,050$0$5,772,417
87$19,593,636$71,255$0$6,272,829
88$21,480,603$0$0$6,824,131
89$23,556,526$0$0$7,449,879
90$25,840,568$0$0$8,177,346
91$28,353,842$0$0$8,977,994
92$31,119,612$0$0$9,859,254
93$34,163,512$0$0$10,829,316
94$37,513,785$0$0$11,897,203
95$41,201,552$0$0$13,072,859
96$45,261,104$0$0$14,367,239
97$49,730,226$0$0$15,792,416
98$54,650,551$0$0$17,361,692
99$60,067,957$0$0$19,089,726
100$66,032,994$0$0$20,992,668