Can I retire at age 50 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$94,966$94,120$93,295$92,489$91,703$89,449
2 years$47,013$46,137$45,289$44,466$43,668$41,412
3 years$31,031$30,151$29,305$28,490$27,705$25,516
4 years$23,041$22,164$21,326$20,525$19,759$17,655
5 years$18,248$17,377$16,550$15,765$15,021$13,007
6 years$15,055$14,190$13,375$12,608$11,885$9,964
7 years$12,774$11,916$11,115$10,365$9,666$7,837
8 years$11,064$10,215$9,426$8,695$8,019$6,282
9 years$9,735$8,894$8,119$7,407$6,753$5,106
10 years$8,673$7,839$7,078$6,384$5,754$4,195
11 years$7,804$6,979$6,231$5,556$4,949$3,476
12 years$7,081$6,264$5,530$4,874$4,288$2,899
13 years$6,469$5,661$4,941$4,303$3,739$2,432
14 years$5,945$5,145$4,439$3,820$3,278$2,048
15 years$5,491$4,700$4,008$3,406$2,886$1,732
16 years$5,095$4,313$3,634$3,050$2,551$1,468
17 years$4,745$3,972$3,307$2,740$2,262$1,248
18 years$4,435$3,670$3,019$2,470$2,011$1,063
19 years$4,158$3,401$2,763$2,232$1,792$907
20 years$3,908$3,161$2,536$2,021$1,601$775
21 years$3,683$2,944$2,333$1,834$1,433$663
22 years$3,479$2,748$2,150$1,668$1,284$568
23 years$3,292$2,570$1,985$1,519$1,153$487
24 years$3,122$2,408$1,836$1,385$1,036$418
25 years$2,965$2,260$1,700$1,265$932$359
26 years$2,820$2,124$1,577$1,157$840$308
27 years$2,687$1,999$1,464$1,059$757$265
28 years$2,563$1,884$1,361$970$683$228
29 years$2,448$1,777$1,267$890$617$196
30 years$2,341$1,678$1,180$816$557$169
31 years$2,241$1,586$1,100$750$504$145
32 years$2,147$1,501$1,026$689$456$125
33 years$2,059$1,422$958$634$413$108
34 years$1,977$1,347$895$583$374$93
35 years$1,900$1,278$837$537$338$80
36 years$1,826$1,213$783$494$307$69
37 years$1,758$1,152$733$455$278$59
38 years$1,692$1,095$686$420$252$51
39 years$1,631$1,041$643$387$228$44
40 years$1,572$990$603$357$207$38
41 years$1,517$943$565$329$188$33
42 years$1,464$898$530$304$171$28
43 years$1,414$856$498$281$155$24
44 years$1,366$816$467$259$141$21
45 years$1,321$778$439$239$128$18
46 years$1,278$742$412$221$116$16
47 years$1,236$708$387$204$105$13
48 years$1,197$676$364$189$96$12
49 years$1,159$645$342$174$87$10
50 years$1,123$617$321$161$79$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,150,000, adding $4,108 every year, while hoping to spend $28,749 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: 45/48/7 Blend
49$1,150,000$1,150,000$1,150,000$1,150,000
50$1,271,537$1,210,587$1,192,762$1,326,097
51$1,370,646$1,239,317$1,202,131$1,392,888
52$1,478,899$1,268,492$1,210,850$1,461,960
53$1,597,201$1,298,102$1,218,868$1,536,187
54$1,726,544$1,328,137$1,226,128$1,616,050
55$1,868,022$1,358,587$1,232,575$1,702,084
56$2,022,841$1,389,438$1,238,146$1,794,874
57$2,192,326$1,420,676$1,242,780$1,895,066
58$2,377,938$1,452,284$1,246,407$2,003,372
59$2,581,285$1,484,243$1,248,959$2,120,574
60$2,804,138$1,516,533$1,250,362$2,247,536
61$3,048,449$1,549,132$1,250,538$2,385,209
62$3,316,366$1,582,014$1,249,406$2,534,638
63$3,610,255$1,615,153$1,246,880$2,696,977
64$3,932,722$1,648,517$1,242,872$2,873,499
65$4,286,639$1,682,074$1,237,288$3,065,602
66$4,675,168$1,715,787$1,230,029$3,274,831
67$5,101,793$1,749,619$1,220,993$3,502,886
68$5,570,352$1,783,525$1,210,071$3,751,640
69$6,085,070$1,817,460$1,197,151$4,023,158
70$6,650,606$1,851,375$1,182,115$4,319,717
71$7,272,090$1,885,214$1,164,837$4,643,824
72$7,955,173$1,918,919$1,145,189$4,998,244
73$8,706,082$1,952,429$1,123,035$5,386,022
74$9,531,679$1,985,673$1,098,233$5,810,517
75$10,439,519$2,018,581$1,070,633$6,275,429
76$11,437,931$2,051,072$1,040,080$6,784,837
77$12,536,089$2,083,064$1,006,412$7,343,236
78$13,744,101$2,114,464$969,457$7,955,582
79$15,073,104$2,145,178$929,039$8,627,335
80$16,535,369$2,175,100$884,970$9,364,515
81$18,144,416$2,204,120$837,056$10,173,757
82$19,915,144$2,232,118$785,094$11,062,375
83$21,863,965$2,258,969$728,872$12,038,429
84$24,008,967$2,284,536$668,166$13,110,803
85$26,370,077$2,308,674$602,746$14,289,291
86$28,969,255$2,331,229$532,368$15,584,688
87$31,830,696$2,352,036$456,779$17,008,889
88$34,981,061$2,370,920$375,715$18,575,011
89$38,449,728$2,387,694$288,901$20,297,506
90$42,269,068$2,402,158$196,046$22,192,307
91$46,474,751$2,414,102$96,852$24,276,974
92$51,106,081$2,423,299$0$26,570,864
93$56,206,372$2,429,511$0$29,095,982
94$61,823,347$2,432,482$0$31,882,933
95$68,009,597$2,431,942$0$34,950,421
96$74,823,073$2,427,605$0$38,327,038
97$82,327,633$2,419,164$0$42,044,297
98$90,593,646$2,406,297$0$46,136,931
99$99,698,652$2,388,660$0$50,643,221
100$109,728,100$2,365,890$0$55,605,357