Can I retire at age 50 with 1,130,000?

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 $1,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$93,314$92,483$91,672$90,881$90,108$88,288
2 years$46,195$45,335$44,501$43,693$42,908$41,084
3 years$30,491$29,627$28,795$27,994$27,223$25,449
4 years$22,640$21,779$20,955$20,168$19,416$17,707
5 years$17,931$17,075$16,262$15,491$14,759$13,121
6 years$14,793$13,943$13,142$12,388$11,679$10,111
7 years$12,552$11,709$10,921$10,185$9,498$8,002
8 years$10,872$10,037$9,262$8,544$7,879$6,455
9 years$9,566$8,739$7,978$7,278$6,636$5,282
10 years$8,522$7,703$6,955$6,273$5,654$4,370
11 years$7,668$6,858$6,123$5,460$4,862$3,646
12 years$6,957$6,155$5,434$4,789$4,214$3,063
13 years$6,356$5,562$4,855$4,228$3,674$2,588
14 years$5,842$5,056$4,362$3,753$3,221$2,196
15 years$5,396$4,619$3,938$3,347$2,836$1,871
16 years$5,006$4,238$3,571$2,997$2,506$1,599
17 years$4,663$3,903$3,249$2,693$2,222$1,370
18 years$4,358$3,606$2,966$2,427$1,976$1,176
19 years$4,085$3,342$2,715$2,193$1,761$1,012
20 years$3,841$3,106$2,492$1,986$1,573$872
21 years$3,619$2,893$2,292$1,802$1,408$753
22 years$3,418$2,700$2,113$1,639$1,262$650
23 years$3,235$2,526$1,951$1,492$1,133$562
24 years$3,067$2,366$1,804$1,361$1,018$487
25 years$2,913$2,221$1,671$1,243$916$421
26 years$2,771$2,087$1,550$1,137$825$365
27 years$2,640$1,964$1,439$1,040$744$317
28 years$2,519$1,851$1,338$953$671$275
29 years$2,405$1,746$1,245$874$606$239
30 years$2,300$1,649$1,160$802$548$207
31 years$2,202$1,559$1,081$737$495$180
32 years$2,110$1,475$1,009$677$448$156
33 years$2,024$1,397$942$623$405$136
34 years$1,943$1,324$880$573$367$118
35 years$1,866$1,256$823$527$332$103
36 years$1,795$1,192$770$486$301$89
37 years$1,727$1,132$720$448$273$78
38 years$1,663$1,076$675$413$248$67
39 years$1,602$1,023$632$380$224$59
40 years$1,545$973$592$351$204$51
41 years$1,490$926$555$324$185$44
42 years$1,439$882$521$299$168$39
43 years$1,389$841$489$276$152$34
44 years$1,343$801$459$255$138$29
45 years$1,298$764$431$235$125$25
46 years$1,255$729$405$217$114$22
47 years$1,215$696$380$201$103$19
48 years$1,176$664$357$185$94$17
49 years$1,139$634$336$171$85$15
50 years$1,103$606$316$158$77$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,130,000, adding $4,973 every year, while hoping to spend $56,328 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: 35/39/26 Blend
49$1,130,000$1,130,000$1,130,000$1,130,000
50$1,250,390$1,190,500$1,172,985$1,284,187
51$1,317,997$1,188,902$1,152,347$1,308,197
52$1,390,612$1,185,337$1,129,130$1,328,628
53$1,468,687$1,179,651$1,103,188$1,349,568
54$1,552,716$1,171,678$1,074,369$1,371,099
55$1,643,245$1,161,241$1,042,512$1,393,318
56$1,740,870$1,148,156$1,007,450$1,416,333
57$1,846,249$1,132,226$969,010$1,440,271
58$1,960,102$1,113,241$927,007$1,465,275
59$2,083,223$1,090,980$881,252$1,491,510
60$2,216,482$1,065,209$831,545$1,519,162
61$2,360,838$1,035,679$777,676$1,548,442
62$2,517,344$1,002,128$719,429$1,579,593
63$2,687,159$964,277$656,575$1,612,884
64$2,871,555$921,833$588,877$1,648,624
65$3,071,934$874,483$516,085$1,687,159
66$3,289,838$821,899$437,940$1,728,879
67$3,526,962$763,733$354,171$1,774,222
68$3,785,171$699,615$264,495$1,823,683
69$4,066,520$629,157$168,617$1,877,813
70$4,373,266$551,947$66,227$1,937,234
71$4,707,898$467,551$0$2,002,641
72$5,073,151$375,509$0$2,086,752
73$5,472,040$275,336$0$2,198,878
74$5,907,880$166,519$0$2,321,698
75$6,384,323$48,518$0$2,456,396
76$6,905,389$0$0$2,604,288
77$7,475,504$0$0$2,800,842
78$8,099,543$0$0$3,038,936
79$8,782,873$0$0$3,299,817
80$9,531,403$0$0$3,585,762
81$10,351,642$0$0$3,899,277
82$11,250,759$0$0$4,243,126
83$12,236,648$0$0$4,620,350
84$13,318,005$0$0$5,034,301
85$14,504,407$0$0$5,488,669
86$15,806,402$0$0$5,987,519
87$17,235,611$0$0$6,535,331
88$18,804,834$0$0$7,137,039
89$20,528,170$0$0$7,798,076
90$22,421,151$0$0$8,524,430
91$24,500,888$0$0$9,322,697
92$26,786,231$0$0$10,200,144
93$29,297,946$0$0$11,164,777
94$32,058,911$0$0$12,225,414
95$35,094,330$0$0$13,391,775
96$38,431,972$0$0$14,674,564
97$42,102,432$0$0$16,085,578
98$46,139,416$0$0$17,637,812
99$50,580,062$0$0$19,345,588
100$55,465,289$0$0$21,224,681