Can I retire at age 50 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$111,482$110,489$109,520$108,574$107,651$105,219
2 years$55,189$54,161$53,165$52,199$51,262$48,826
3 years$36,427$35,395$34,401$33,445$32,523$30,157
4 years$27,048$26,019$25,035$24,095$23,196$20,919
5 years$21,422$20,399$19,428$18,507$17,633$15,452
6 years$17,673$16,657$15,701$14,800$13,952$11,869
7 years$14,996$13,989$13,048$12,168$11,347$9,362
8 years$12,989$11,991$11,065$10,208$9,413$7,526
9 years$11,429$10,440$9,531$8,695$7,927$6,136
10 years$10,181$9,203$8,309$7,495$6,755$5,057
11 years$9,161$8,193$7,315$6,523$5,809$4,204
12 years$8,312$7,353$6,492$5,721$5,034$3,518
13 years$7,594$6,645$5,800$5,051$4,390$2,960
14 years$6,979$6,040$5,211$4,484$3,848$2,502
15 years$6,446$5,518$4,705$3,999$3,388$2,122
16 years$5,981$5,063$4,266$3,580$2,994$1,806
17 years$5,571$4,662$3,882$3,217$2,655$1,541
18 years$5,206$4,308$3,544$2,899$2,361$1,317
19 years$4,881$3,993$3,244$2,620$2,104$1,128
20 years$4,588$3,710$2,977$2,373$1,880$968
21 years$4,324$3,456$2,738$2,153$1,682$831
22 years$4,084$3,226$2,524$1,958$1,508$715
23 years$3,865$3,017$2,330$1,783$1,353$615
24 years$3,665$2,827$2,155$1,626$1,216$530
25 years$3,481$2,653$1,996$1,485$1,095$457
26 years$3,311$2,493$1,851$1,358$986$394
27 years$3,154$2,347$1,719$1,243$889$340
28 years$3,009$2,211$1,598$1,139$802$294
29 years$2,874$2,086$1,487$1,044$724$254
30 years$2,748$1,970$1,385$958$654$219
31 years$2,631$1,862$1,291$880$592$189
32 years$2,521$1,762$1,205$809$535$164
33 years$2,418$1,669$1,125$744$484$142
34 years$2,321$1,582$1,051$684$439$122
35 years$2,230$1,500$983$630$397$106
36 years$2,144$1,424$919$580$360$92
37 years$2,063$1,352$861$535$326$79
38 years$1,987$1,285$806$493$296$69
39 years$1,914$1,222$755$454$268$59
40 years$1,846$1,163$708$419$243$51
41 years$1,781$1,107$664$387$221$44
42 years$1,719$1,054$622$357$200$38
43 years$1,660$1,004$584$329$182$33
44 years$1,604$957$548$304$165$29
45 years$1,551$913$515$281$150$25
46 years$1,500$871$484$259$136$22
47 years$1,451$831$454$240$123$19
48 years$1,405$793$427$222$112$16
49 years$1,361$758$401$205$102$14
50 years$1,318$724$377$189$92$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,350,000, adding $3,980 every year, while hoping to spend $30,660 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: 59/35/6 Blend
49$1,350,000$1,350,000$1,350,000$1,350,000
50$1,491,805$1,420,255$1,399,330$1,577,836
51$1,611,348$1,457,226$1,413,586$1,672,931
52$1,742,055$1,494,980$1,427,291$1,772,708
53$1,885,035$1,533,525$1,440,396$1,880,719
54$2,041,506$1,572,865$1,452,847$1,997,755
55$2,212,809$1,613,004$1,464,586$2,124,688
56$2,400,422$1,653,948$1,475,556$2,262,475
57$2,605,971$1,695,697$1,485,693$2,412,171
58$2,831,248$1,738,254$1,494,932$2,574,937
59$3,078,227$1,781,620$1,503,204$2,752,054
60$3,349,080$1,825,794$1,510,436$2,944,929
61$3,646,203$1,870,774$1,516,551$3,155,114
62$3,972,230$1,916,557$1,521,471$3,384,315
63$4,330,067$1,963,138$1,525,109$3,634,416
64$4,722,912$2,010,510$1,527,379$3,907,488
65$5,154,290$2,058,666$1,528,187$4,205,814
66$5,628,082$2,107,595$1,527,435$4,531,908
67$6,148,565$2,157,285$1,525,023$4,888,539
68$6,720,449$2,207,722$1,520,841$5,278,759
69$7,348,924$2,258,890$1,514,779$5,705,929
70$8,039,707$2,310,769$1,506,717$6,173,753
71$8,799,098$2,363,338$1,496,533$6,686,310
72$9,634,036$2,416,571$1,484,097$7,248,095
73$10,552,168$2,470,443$1,469,274$7,864,062
74$11,561,915$2,524,921$1,451,921$8,539,666
75$12,672,559$2,579,971$1,431,889$9,280,921
76$13,894,326$2,635,555$1,409,023$10,094,451
77$15,238,483$2,691,632$1,383,161$10,987,556
78$16,717,441$2,748,156$1,354,130$11,968,280
79$18,344,879$2,805,075$1,321,752$13,045,486
80$20,135,867$2,862,334$1,285,841$14,228,941
81$22,107,010$2,919,872$1,246,201$15,529,406
82$24,276,604$2,977,625$1,202,628$16,958,742
83$26,664,809$3,035,520$1,154,907$18,530,015
84$29,293,838$3,093,479$1,102,815$20,257,627
85$32,188,169$3,151,419$1,046,119$22,157,446
86$35,374,772$3,209,248$984,574$24,246,961
87$38,883,366$3,266,868$917,924$26,545,443
88$42,746,697$3,324,173$845,903$29,074,126
89$47,000,852$3,381,049$768,232$31,856,415
90$51,685,591$3,437,373$684,620$34,918,098
91$56,844,729$3,493,011$594,762$38,287,595
92$62,526,546$3,547,824$498,341$41,996,226
93$68,784,243$3,601,657$395,026$46,078,505
94$75,676,445$3,654,347$284,468$50,572,466
95$83,267,753$3,705,720$166,308$55,520,026
96$91,629,351$3,755,588$40,167$60,967,377
97$100,839,684$3,803,751$0$66,965,422
98$110,985,191$3,849,994$0$73,576,305
99$122,161,125$3,894,089$0$80,858,940
100$134,472,451$3,935,790$0$88,878,908