Can I retire at age 50 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$112,308$111,307$110,331$109,379$108,448$107,227
2 years$55,598$54,562$53,559$52,586$51,642$50,412
3 years$36,697$35,657$34,656$33,692$32,764$31,564
4 years$27,248$26,212$25,221$24,273$23,367$22,207
5 years$21,581$20,550$19,572$18,644$17,764$16,645
6 years$17,804$16,781$15,817$14,910$14,056$12,982
7 years$15,107$14,093$13,144$12,258$11,431$10,401
8 years$13,085$12,080$11,147$10,283$9,483$8,498
9 years$11,513$10,518$9,601$8,759$7,986$7,045
10 years$10,257$9,271$8,371$7,550$6,805$5,907
11 years$9,229$8,253$7,369$6,571$5,852$4,997
12 years$8,374$7,408$6,540$5,764$5,071$4,258
13 years$7,650$6,694$5,843$5,088$4,422$3,649
14 years$7,031$6,085$5,250$4,517$3,877$3,143
15 years$6,494$5,559$4,740$4,028$3,413$2,718
16 years$6,025$5,100$4,298$3,607$3,017$2,359
17 years$5,612$4,697$3,911$3,241$2,675$2,053
18 years$5,245$4,340$3,570$2,921$2,378$1,791
19 years$4,917$4,022$3,268$2,639$2,120$1,566
20 years$4,622$3,738$2,999$2,390$1,893$1,372
21 years$4,356$3,482$2,759$2,169$1,694$1,204
22 years$4,114$3,250$2,543$1,972$1,519$1,057
23 years$3,893$3,040$2,348$1,796$1,363$930
24 years$3,692$2,848$2,171$1,638$1,225$819
25 years$3,506$2,673$2,011$1,496$1,103$722
26 years$3,335$2,512$1,865$1,368$993$637
27 years$3,178$2,364$1,732$1,252$896$562
28 years$3,031$2,228$1,610$1,147$808$496
29 years$2,895$2,101$1,498$1,052$730$439
30 years$2,768$1,985$1,396$966$659$388
31 years$2,650$1,876$1,301$887$596$343
32 years$2,539$1,775$1,214$815$539$303
33 years$2,436$1,681$1,133$749$488$269
34 years$2,338$1,593$1,059$690$442$238
35 years$2,246$1,511$990$635$400$211
36 years$2,160$1,434$926$585$363$187
37 years$2,078$1,362$867$539$329$165
38 years$2,001$1,295$812$496$298$146
39 years$1,928$1,231$761$458$270$130
40 years$1,859$1,171$713$422$245$115
41 years$1,794$1,115$668$390$222$102
42 years$1,731$1,062$627$360$202$90
43 years$1,672$1,012$588$332$183$80
44 years$1,616$964$552$306$166$71
45 years$1,562$920$519$283$151$63
46 years$1,511$877$487$261$137$56
47 years$1,462$837$458$242$124$50
48 years$1,415$799$430$223$113$44
49 years$1,371$763$404$206$103$39
50 years$1,328$729$380$191$93$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,360,000, adding $2,291 every year, while hoping to spend $48,862 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: 36/38/26 Blend
49$1,360,000$1,360,000$1,360,000$1,360,000
50$1,501,083$1,429,003$1,407,923$1,543,311
51$1,602,205$1,447,036$1,403,100$1,592,801
52$1,712,003$1,464,314$1,396,477$1,641,573
53$1,831,312$1,480,750$1,387,944$1,693,272
54$1,961,048$1,496,248$1,377,382$1,748,192
55$2,102,219$1,510,709$1,364,668$1,806,661
56$2,255,936$1,524,024$1,349,675$1,869,041
57$2,423,420$1,536,080$1,332,268$1,935,736
58$2,606,014$1,546,753$1,312,304$2,007,191
59$2,805,199$1,555,915$1,289,638$2,083,903
60$3,022,601$1,563,427$1,264,113$2,166,421
61$3,260,014$1,569,142$1,235,568$2,255,354
62$3,519,409$1,572,904$1,203,833$2,351,377
63$3,802,960$1,574,547$1,168,732$2,455,237
64$4,113,056$1,573,895$1,130,079$2,567,765
65$4,452,331$1,570,759$1,087,681$2,689,876
66$4,823,685$1,564,942$1,041,334$2,822,589
67$5,230,309$1,556,232$990,826$2,967,028
68$5,675,718$1,544,406$935,937$3,124,439
69$6,163,785$1,529,225$876,435$3,296,203
70$6,698,773$1,510,439$812,077$3,483,844
71$7,285,377$1,487,780$742,611$3,689,052
72$7,928,770$1,460,965$667,772$3,913,695
73$8,634,648$1,429,696$587,286$4,159,840
74$9,409,285$1,393,654$500,863$4,429,772
75$10,259,593$1,352,504$408,203$4,726,019
76$11,193,186$1,305,891$308,992$5,051,374
77$12,218,448$1,253,437$202,901$5,408,928
78$13,344,620$1,194,746$89,589$5,802,094
79$14,581,878$1,129,395$0$6,234,646
80$15,941,434$1,056,939$0$6,719,448
81$17,435,638$976,908$0$7,279,503
82$19,078,099$888,802$0$7,895,129
83$20,883,808$792,096$0$8,572,065
84$22,869,281$686,234$0$9,316,639
85$25,052,716$570,627$0$10,135,835
86$27,454,159$444,654$0$11,037,358
87$30,095,701$307,660$0$12,029,709
88$33,001,679$158,951$0$13,122,267
89$36,198,907$0$0$14,325,376
90$39,716,930$0$0$15,651,370
91$43,588,303$0$0$17,183,909
92$47,848,894$0$0$18,870,755
93$52,538,224$0$0$20,727,583
94$57,699,841$0$0$22,771,665
95$63,381,729$0$0$25,022,034
96$69,636,759$0$0$27,499,663
97$76,523,190$0$0$30,227,659
98$84,105,217$0$0$33,231,486
99$92,453,575$0$0$36,539,203
100$101,646,209$0$0$40,181,726