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%12.1%
1 years$111,482$110,489$109,520$108,574$107,651$106,704
2 years$55,189$54,161$53,165$52,199$51,262$50,309
3 years$36,427$35,395$34,401$33,445$32,523$31,591
4 years$27,048$26,019$25,035$24,095$23,196$22,294
5 years$21,422$20,399$19,428$18,507$17,633$16,763
6 years$17,673$16,657$15,701$14,800$13,952$13,116
7 years$14,996$13,989$13,048$12,168$11,347$10,544
8 years$12,989$11,991$11,065$10,208$9,413$8,644
9 years$11,429$10,440$9,531$8,695$7,927$7,191
10 years$10,181$9,203$8,309$7,495$6,755$6,051
11 years$9,161$8,193$7,315$6,523$5,809$5,138
12 years$8,312$7,353$6,492$5,721$5,034$4,395
13 years$7,594$6,645$5,800$5,051$4,390$3,781
14 years$6,979$6,040$5,211$4,484$3,848$3,270
15 years$6,446$5,518$4,705$3,999$3,388$2,839
16 years$5,981$5,063$4,266$3,580$2,994$2,474
17 years$5,571$4,662$3,882$3,217$2,655$2,162
18 years$5,206$4,308$3,544$2,899$2,361$1,895
19 years$4,881$3,993$3,244$2,620$2,104$1,664
20 years$4,588$3,710$2,977$2,373$1,880$1,464
21 years$4,324$3,456$2,738$2,153$1,682$1,290
22 years$4,084$3,226$2,524$1,958$1,508$1,139
23 years$3,865$3,017$2,330$1,783$1,353$1,006
24 years$3,665$2,827$2,155$1,626$1,216$890
25 years$3,481$2,653$1,996$1,485$1,095$788
26 years$3,311$2,493$1,851$1,358$986$698
27 years$3,154$2,347$1,719$1,243$889$619
28 years$3,009$2,211$1,598$1,139$802$550
29 years$2,874$2,086$1,487$1,044$724$488
30 years$2,748$1,970$1,385$958$654$434
31 years$2,631$1,862$1,291$880$592$385
32 years$2,521$1,762$1,205$809$535$343
33 years$2,418$1,669$1,125$744$484$305
34 years$2,321$1,582$1,051$684$439$271
35 years$2,230$1,500$983$630$397$241
36 years$2,144$1,424$919$580$360$215
37 years$2,063$1,352$861$535$326$191
38 years$1,987$1,285$806$493$296$170
39 years$1,914$1,222$755$454$268$152
40 years$1,846$1,163$708$419$243$135
41 years$1,781$1,107$664$387$221$121
42 years$1,719$1,054$622$357$200$107
43 years$1,660$1,004$584$329$182$96
44 years$1,604$957$548$304$165$85
45 years$1,551$913$515$281$150$76
46 years$1,500$871$484$259$136$68
47 years$1,451$831$454$240$123$60
48 years$1,405$793$427$222$112$54
49 years$1,361$758$401$205$102$48
50 years$1,318$724$377$189$92$43

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 $3,466 every year, while hoping to spend $56,403 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: 78/12/10 Blend
49$1,350,000$1,350,000$1,350,000$1,350,000
50$1,491,275$1,419,725$1,398,800$1,604,804
51$1,583,373$1,429,279$1,385,648$1,689,457
52$1,682,974$1,437,411$1,370,164$1,774,661
53$1,790,785$1,443,992$1,352,212$1,866,477
54$1,907,581$1,448,883$1,331,647$1,965,539
55$2,034,215$1,451,940$1,308,318$2,072,547
56$2,171,627$1,453,006$1,282,068$2,188,272
57$2,320,846$1,451,917$1,252,731$2,313,562
58$2,483,009$1,448,498$1,220,134$2,449,354
59$2,659,364$1,442,562$1,184,097$2,596,678
60$2,851,284$1,433,913$1,144,429$2,756,672
61$3,060,281$1,422,341$1,100,934$2,930,587
62$3,288,018$1,407,624$1,053,403$3,119,805
63$3,536,326$1,389,527$1,001,622$3,325,846
64$3,807,218$1,367,800$945,363$3,550,389
65$4,102,911$1,342,180$884,390$3,795,280
66$4,425,848$1,312,386$818,456$4,062,557
67$4,778,713$1,278,122$747,304$4,354,467
68$5,164,466$1,239,074$670,663$4,673,484
69$5,586,363$1,194,910$588,251$5,022,338
70$6,047,990$1,145,279$499,776$5,404,035
71$6,553,295$1,089,807$404,928$5,821,893
72$7,106,626$1,028,103$303,388$6,279,565
73$7,712,771$959,749$194,821$6,781,080
74$8,377,003$884,306$78,876$7,330,879
75$9,105,128$801,308$0$7,933,858
76$9,903,543$710,264$0$8,600,201
77$10,779,292$610,654$0$9,340,360
78$11,740,133$501,929$0$10,152,513
79$12,794,612$383,510$0$11,043,931
80$13,952,144$254,782$0$12,022,629
81$15,223,096$115,101$0$13,097,438
82$16,618,893$0$0$14,278,091
83$18,152,116$0$0$15,580,096
84$19,836,629$0$0$17,027,319
85$21,687,701$0$0$18,617,688
86$23,722,156$0$0$20,365,662
87$25,958,529$0$0$22,287,172
88$28,417,237$0$0$24,399,769
89$31,120,779$0$0$26,722,789
90$34,093,939$0$0$29,277,535
91$37,364,025$0$0$32,087,480
92$40,961,123$0$0$35,178,484
93$44,918,383$0$0$38,579,040
94$49,272,330$0$0$42,320,541
95$54,063,205$0$0$46,437,579
96$59,335,351$0$0$50,968,265
97$65,137,622$0$0$55,954,594
98$71,523,853$0$0$61,442,837
99$78,553,358$0$0$67,483,978
100$86,291,496$0$0$74,134,195