Can I retire at age 50 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$109,830$108,852$107,897$106,966$106,056$105,344
2 years$54,371$53,359$52,377$51,426$50,503$49,784
3 years$35,888$34,871$33,892$32,949$32,041$31,339
4 years$26,647$25,634$24,664$23,738$22,852$22,171
5 years$21,105$20,097$19,141$18,233$17,372$16,714
6 years$17,411$16,411$15,468$14,581$13,746$13,113
7 years$14,773$13,782$12,854$11,988$11,179$10,571
8 years$12,796$11,813$10,902$10,056$9,274$8,691
9 years$11,259$10,286$9,389$8,566$7,810$7,251
10 years$10,030$9,066$8,186$7,384$6,655$6,120
11 years$9,026$8,071$7,207$6,426$5,723$5,213
12 years$8,189$7,244$6,396$5,637$4,960$4,472
13 years$7,481$6,547$5,714$4,976$4,325$3,861
14 years$6,876$5,951$5,134$4,417$3,791$3,349
15 years$6,351$5,436$4,636$3,939$3,338$2,918
16 years$5,892$4,988$4,203$3,527$2,950$2,551
17 years$5,488$4,593$3,824$3,169$2,616$2,238
18 years$5,129$4,244$3,491$2,856$2,326$1,968
19 years$4,809$3,934$3,196$2,581$2,073$1,734
20 years$4,520$3,655$2,933$2,337$1,852$1,531
21 years$4,260$3,405$2,698$2,121$1,657$1,354
22 years$4,023$3,178$2,487$1,929$1,485$1,200
23 years$3,808$2,973$2,296$1,757$1,333$1,064
24 years$3,610$2,785$2,123$1,602$1,198$945
25 years$3,429$2,614$1,967$1,463$1,078$840
26 years$3,262$2,457$1,824$1,338$971$747
27 years$3,107$2,312$1,694$1,225$876$666
28 years$2,964$2,178$1,574$1,122$790$593
29 years$2,831$2,055$1,465$1,029$714$529
30 years$2,707$1,941$1,365$944$645$472
31 years$2,592$1,835$1,272$867$583$421
32 years$2,483$1,736$1,187$797$527$376
33 years$2,382$1,644$1,108$733$477$336
34 years$2,287$1,558$1,036$674$432$300
35 years$2,197$1,478$968$621$391$268
36 years$2,112$1,403$906$572$355$240
37 years$2,033$1,332$848$527$321$214
38 years$1,957$1,266$794$486$291$192
39 years$1,886$1,204$744$448$264$171
40 years$1,818$1,146$697$413$240$153
41 years$1,754$1,090$654$381$217$137
42 years$1,693$1,038$613$352$197$123
43 years$1,635$989$575$325$179$110
44 years$1,580$943$540$300$163$98
45 years$1,528$899$507$277$148$88
46 years$1,478$858$476$256$134$79
47 years$1,430$819$448$236$122$71
48 years$1,384$782$421$218$110$63
49 years$1,340$746$395$202$100$57
50 years$1,299$713$372$186$91$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,330,000, adding $3,526 every year, while hoping to spend $32,977 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: 25/50/25 Blend
49$1,330,000$1,330,000$1,330,000$1,330,000
50$1,469,297$1,398,807$1,378,192$1,494,344
51$1,584,078$1,432,261$1,389,274$1,548,637
52$1,709,462$1,466,250$1,399,622$1,603,745
53$1,846,494$1,500,763$1,409,177$1,662,135
54$1,996,328$1,535,792$1,417,876$1,724,103
55$2,160,232$1,571,324$1,425,653$1,789,975
56$2,339,603$1,607,346$1,432,440$1,860,112
57$2,535,979$1,643,843$1,438,163$1,934,910
58$2,751,054$1,680,796$1,442,747$2,014,808
59$2,986,693$1,718,188$1,446,111$2,100,287
60$3,244,951$1,755,994$1,448,171$2,191,882
61$3,528,091$1,794,192$1,448,839$2,290,180
62$3,838,603$1,832,755$1,448,023$2,395,829
63$4,179,233$1,871,653$1,445,624$2,509,546
64$4,553,004$1,910,853$1,441,542$2,632,119
65$4,963,246$1,950,320$1,435,668$2,764,419
66$5,413,626$1,990,014$1,427,892$2,907,409
67$5,908,184$2,029,894$1,418,095$3,062,148
68$6,451,373$2,069,912$1,406,155$3,229,807
69$7,048,093$2,110,018$1,391,942$3,411,677
70$7,703,748$2,150,159$1,375,321$3,609,182
71$8,424,288$2,190,273$1,356,151$3,823,894
72$9,216,267$2,230,299$1,334,284$4,057,547
73$10,086,908$2,270,165$1,309,565$4,312,056
74$11,044,168$2,309,798$1,281,830$4,589,530
75$12,096,812$2,349,118$1,250,911$4,892,300
76$13,254,500$2,388,038$1,216,630$5,222,935
77$14,527,873$2,426,465$1,178,800$5,584,270
78$15,928,653$2,464,300$1,137,228$5,979,432
79$17,469,760$2,501,434$1,091,709$6,411,873
80$19,165,426$2,537,755$1,042,032$6,885,397
81$21,031,333$2,573,139$987,973$7,404,205
82$23,084,760$2,607,453$929,301$7,972,926
83$25,344,746$2,640,559$865,773$8,596,671
84$27,832,269$2,672,305$797,135$9,281,074
85$30,570,443$2,702,531$723,122$10,032,350
86$33,584,738$2,731,065$643,457$10,857,357
87$36,903,219$2,757,725$557,851$11,763,654
88$40,556,810$2,782,315$466,001$12,759,581
89$44,579,585$2,804,629$367,592$13,854,336
90$49,009,091$2,824,444$262,295$15,058,062
91$53,886,702$2,841,526$149,765$16,381,944
92$59,258,008$2,855,623$29,645$17,838,320
93$65,173,245$2,866,469$0$19,440,792
94$71,687,770$2,873,781$0$21,230,649
95$78,862,583$2,877,256$0$23,208,295
96$86,764,901$2,876,576$0$25,384,161
97$95,468,793$2,871,400$0$27,778,476
98$105,055,878$2,861,367$0$30,413,535
99$115,616,098$2,846,095$0$33,313,916
100$127,248,563$2,825,176$0$36,506,709