Can I retire at age 50 with 1,100,000?

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 $1,100,000?

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 years$90,837$90,028$89,238$88,468$87,716$85,909
2 years$44,969$44,131$43,320$42,533$41,769$39,958
3 years$29,681$28,840$28,031$27,251$26,500$24,740
4 years$22,039$21,201$20,399$19,633$18,900$17,205
5 years$17,455$16,622$15,831$15,080$14,368$12,742
6 years$14,400$13,573$12,793$12,060$11,369$9,814
7 years$12,219$11,398$10,631$9,915$9,246$7,763
8 years$10,583$9,771$9,016$8,317$7,670$6,259
9 years$9,312$8,507$7,766$7,084$6,459$5,118
10 years$8,296$7,499$6,770$6,107$5,504$4,231
11 years$7,465$6,675$5,960$5,315$4,733$3,528
12 years$6,773$5,992$5,290$4,662$4,102$2,962
13 years$6,188$5,415$4,726$4,116$3,577$2,501
14 years$5,687$4,922$4,246$3,653$3,135$2,121
15 years$5,253$4,496$3,834$3,258$2,761$1,806
16 years$4,873$4,125$3,476$2,917$2,440$1,542
17 years$4,539$3,799$3,163$2,621$2,163$1,320
18 years$4,242$3,510$2,887$2,362$1,924$1,133
19 years$3,977$3,253$2,643$2,135$1,715$974
20 years$3,739$3,023$2,426$1,933$1,531$839
21 years$3,523$2,816$2,231$1,755$1,371$723
22 years$3,327$2,629$2,057$1,595$1,228$624
23 years$3,149$2,459$1,899$1,453$1,103$539
24 years$2,986$2,304$1,756$1,325$991$466
25 years$2,836$2,162$1,627$1,210$892$404
26 years$2,698$2,032$1,509$1,106$803$350
27 years$2,570$1,912$1,401$1,013$724$303
28 years$2,452$1,802$1,302$928$654$263
29 years$2,342$1,700$1,212$851$590$228
30 years$2,239$1,605$1,129$781$533$198
31 years$2,143$1,517$1,052$717$482$171
32 years$2,054$1,436$982$659$436$149
33 years$1,970$1,360$917$606$395$129
34 years$1,891$1,289$857$558$357$112
35 years$1,817$1,222$801$513$324$97
36 years$1,747$1,160$749$473$293$85
37 years$1,681$1,102$701$436$266$74
38 years$1,619$1,047$657$402$241$64
39 years$1,560$996$615$370$218$56
40 years$1,504$947$577$342$198$48
41 years$1,451$902$541$315$180$42
42 years$1,400$859$507$291$163$36
43 years$1,353$818$476$268$148$32
44 years$1,307$780$447$248$134$28
45 years$1,264$744$419$229$122$24
46 years$1,222$710$394$211$111$21
47 years$1,183$677$370$195$101$18
48 years$1,145$646$348$180$91$16
49 years$1,109$617$327$167$83$14
50 years$1,074$590$307$154$75$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,100,000, adding $6,790 every year, while hoping to spend $27,626 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: 67/19/14 Blend
49$1,100,000$1,100,000$1,100,000$1,100,000
50$1,219,204$1,160,904$1,143,854$1,296,494
51$1,314,169$1,188,394$1,152,779$1,376,378
52$1,417,894$1,216,306$1,161,077$1,459,803
53$1,531,245$1,244,630$1,168,699$1,550,321
54$1,655,172$1,273,357$1,175,590$1,648,625
55$1,790,723$1,302,475$1,181,696$1,755,478
56$1,939,052$1,331,972$1,186,959$1,871,723
57$2,101,430$1,361,833$1,191,316$1,998,284
58$2,279,255$1,392,042$1,194,704$2,136,182
59$2,474,068$1,422,581$1,197,056$2,286,542
60$2,687,565$1,453,430$1,198,299$2,450,601
61$2,921,615$1,484,566$1,198,360$2,629,725
62$3,178,275$1,515,965$1,197,161$2,825,416
63$3,459,812$1,547,600$1,194,619$3,039,331
64$3,768,722$1,579,442$1,190,648$3,273,294
65$4,107,756$1,611,459$1,185,159$3,529,317
66$4,479,942$1,643,615$1,178,057$3,809,616
67$4,888,616$1,675,873$1,169,242$4,116,632
68$5,337,455$1,708,190$1,158,611$4,453,056
69$5,830,506$1,740,522$1,146,055$4,821,852
70$6,372,230$1,772,820$1,131,461$5,226,287
71$6,967,541$1,805,032$1,114,708$5,669,963
72$7,621,852$1,837,101$1,095,673$6,156,846
73$8,341,127$1,868,965$1,074,224$6,691,309
74$9,131,937$1,900,558$1,050,225$7,278,171
75$10,001,519$1,931,810$1,023,532$7,922,740
76$10,957,849$1,962,644$993,996$8,630,869
77$12,009,715$1,992,979$961,460$9,409,008
78$13,166,797$2,022,726$925,760$10,264,262
79$14,439,762$2,051,792$886,725$11,204,465
80$15,840,364$2,080,075$844,176$12,238,247
81$17,381,550$2,107,468$797,925$13,375,122
82$19,077,590$2,133,856$747,778$14,625,573
83$20,944,205$2,159,116$693,528$16,001,154
84$22,998,716$2,183,114$634,964$17,514,597
85$25,260,211$2,205,713$571,861$19,179,935
86$27,749,720$2,226,761$503,986$21,012,632
87$30,490,418$2,246,098$431,096$23,029,732
88$33,507,839$2,263,555$352,936$25,250,018
89$36,830,120$2,278,951$269,241$27,694,190
90$40,488,265$2,292,093$179,733$30,385,061
91$44,516,437$2,302,774$84,123$33,347,772
92$48,952,282$2,310,778$0$36,610,032
93$53,837,280$2,315,871$0$40,205,051
94$59,217,142$2,317,808$0$44,177,392
95$65,142,236$2,316,327$0$48,551,612
96$71,668,066$2,311,148$0$53,368,635
97$78,855,791$2,301,978$0$58,673,560
98$86,772,809$2,288,502$0$64,516,084
99$95,493,385$2,270,388$0$70,950,976
100$105,099,357$2,247,283$0$78,038,588