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

Use the below retirement simulation to view the chances of a successful retirement.
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%19%
1 years$111,482$110,489$109,520$108,574$107,651$103,749
2 years$55,189$54,161$53,165$52,199$51,262$47,374
3 years$36,427$35,395$34,401$33,445$32,523$28,770
4 years$27,048$26,019$25,035$24,095$23,196$19,608
5 years$21,422$20,399$19,428$18,507$17,633$14,219
6 years$17,673$16,657$15,701$14,800$13,952$10,715
7 years$14,996$13,989$13,048$12,168$11,347$8,285
8 years$12,989$11,991$11,065$10,208$9,413$6,524
9 years$11,429$10,440$9,531$8,695$7,927$5,207
10 years$10,181$9,203$8,309$7,495$6,755$4,199
11 years$9,161$8,193$7,315$6,523$5,809$3,412
12 years$8,312$7,353$6,492$5,721$5,034$2,790
13 years$7,594$6,645$5,800$5,051$4,390$2,293
14 years$6,979$6,040$5,211$4,484$3,848$1,892
15 years$6,446$5,518$4,705$3,999$3,388$1,566
16 years$5,981$5,063$4,266$3,580$2,994$1,299
17 years$5,571$4,662$3,882$3,217$2,655$1,080
18 years$5,206$4,308$3,544$2,899$2,361$900
19 years$4,881$3,993$3,244$2,620$2,104$751
20 years$4,588$3,710$2,977$2,373$1,880$627
21 years$4,324$3,456$2,738$2,153$1,682$524
22 years$4,084$3,226$2,524$1,958$1,508$439
23 years$3,865$3,017$2,330$1,783$1,353$367
24 years$3,665$2,827$2,155$1,626$1,216$308
25 years$3,481$2,653$1,996$1,485$1,095$258
26 years$3,311$2,493$1,851$1,358$986$216
27 years$3,154$2,347$1,719$1,243$889$182
28 years$3,009$2,211$1,598$1,139$802$152
29 years$2,874$2,086$1,487$1,044$724$128
30 years$2,748$1,970$1,385$958$654$107
31 years$2,631$1,862$1,291$880$592$90
32 years$2,521$1,762$1,205$809$535$76
33 years$2,418$1,669$1,125$744$484$64
34 years$2,321$1,582$1,051$684$439$53
35 years$2,230$1,500$983$630$397$45
36 years$2,144$1,424$919$580$360$38
37 years$2,063$1,352$861$535$326$32
38 years$1,987$1,285$806$493$296$27
39 years$1,914$1,222$755$454$268$22
40 years$1,846$1,163$708$419$243$19
41 years$1,781$1,107$664$387$221$16
42 years$1,719$1,054$622$357$200$13
43 years$1,660$1,004$584$329$182$11
44 years$1,604$957$548$304$165$9
45 years$1,551$913$515$281$150$8
46 years$1,500$871$484$259$136$7
47 years$1,451$831$454$240$123$6
48 years$1,405$793$427$222$112$5
49 years$1,361$758$401$205$102$4
50 years$1,318$724$377$189$92$3

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 $2,997 every year, while hoping to spend $27,842 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: 48/38/14 Blend
49$1,350,000$1,350,000$1,350,000$1,350,000
50$1,490,791$1,419,241$1,398,316$1,556,406
51$1,613,228$1,459,161$1,415,536$1,641,939
52$1,747,221$1,500,103$1,432,400$1,731,643
53$1,893,918$1,542,088$1,448,866$1,828,428
54$2,054,586$1,585,138$1,464,891$1,932,966
55$2,230,617$1,629,274$1,480,428$2,045,995
56$2,423,547$1,674,515$1,495,430$2,168,329
57$2,635,066$1,720,884$1,509,844$2,300,862
58$2,867,037$1,768,401$1,523,618$2,444,580
59$3,121,509$1,817,087$1,536,693$2,600,568
60$3,400,741$1,866,963$1,549,011$2,770,021
61$3,707,221$1,918,048$1,560,507$2,954,253
62$4,043,690$1,970,365$1,571,116$3,154,713
63$4,413,166$2,023,933$1,580,768$3,372,996
64$4,818,975$2,078,771$1,589,390$3,610,857
65$5,264,779$2,134,900$1,596,904$3,870,233
66$5,754,616$2,192,339$1,603,229$4,153,252
67$6,292,929$2,251,106$1,608,280$4,462,262
68$6,884,618$2,311,221$1,611,967$4,799,849
69$7,535,079$2,372,700$1,614,197$5,168,860
70$8,250,255$2,435,561$1,614,871$5,572,433
71$9,036,697$2,499,819$1,613,886$6,014,023
72$9,901,621$2,565,491$1,611,132$6,497,439
73$10,852,978$2,632,592$1,606,496$7,026,875
74$11,899,527$2,701,134$1,599,859$7,606,953
75$13,050,920$2,771,130$1,591,095$8,242,765
76$14,317,790$2,842,592$1,580,073$8,939,922
77$15,711,855$2,915,530$1,566,656$9,704,606
78$17,246,024$2,989,951$1,550,700$10,543,628
79$18,934,523$3,065,863$1,532,052$11,464,494
80$20,793,025$3,143,271$1,510,557$12,475,474
81$22,838,801$3,222,178$1,486,047$13,585,681
82$25,090,879$3,302,586$1,458,351$14,805,156
83$27,570,229$3,384,492$1,427,286$16,144,964
84$30,299,955$3,467,895$1,392,662$17,617,299
85$33,305,516$3,552,788$1,354,283$19,235,595
86$36,614,967$3,639,162$1,311,939$21,014,659
87$40,259,218$3,727,006$1,265,413$22,970,806
88$44,272,332$3,816,303$1,214,479$25,122,015
89$48,691,845$3,907,037$1,158,898$27,488,099
90$53,559,115$3,999,184$1,098,424$30,090,892
91$58,919,720$4,092,718$1,032,796$32,954,452
92$64,823,879$4,187,610$961,742$36,105,294
93$71,326,935$4,283,823$884,981$39,572,637
94$78,489,869$4,381,317$802,215$43,388,678
95$86,379,882$4,480,048$713,135$47,588,903
96$95,071,024$4,579,964$617,419$52,212,412
97$104,644,894$4,681,008$514,728$57,302,299
98$115,191,413$4,783,117$404,711$62,906,051
99$126,809,668$4,886,221$287,000$69,076,000
100$139,608,851$4,990,242$161,211$75,869,819