Can I retire at age 50 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$115,611$114,581$113,576$112,596$111,638$109,205
2 years$57,233$56,167$55,134$54,132$53,161$50,722
3 years$37,776$36,706$35,675$34,683$33,727$31,359
4 years$28,050$26,983$25,963$24,987$24,055$21,775
5 years$22,216$21,155$20,148$19,193$18,286$16,101
6 years$18,327$17,274$16,283$15,349$14,469$12,381
7 years$15,551$14,507$13,531$12,619$11,767$9,777
8 years$13,470$12,435$11,475$10,586$9,762$7,869
9 years$11,852$10,827$9,884$9,017$8,221$6,423
10 years$10,558$9,544$8,617$7,772$7,005$5,300
11 years$9,501$8,496$7,586$6,764$6,024$4,411
12 years$8,620$7,626$6,732$5,933$5,221$3,696
13 years$7,875$6,891$6,015$5,238$4,552$3,114
14 years$7,237$6,264$5,405$4,650$3,991$2,636
15 years$6,685$5,722$4,880$4,147$3,514$2,239
16 years$6,203$5,250$4,424$3,713$3,105$1,908
17 years$5,777$4,835$4,026$3,336$2,753$1,630
18 years$5,399$4,468$3,675$3,007$2,448$1,396
19 years$5,062$4,141$3,364$2,717$2,182$1,197
20 years$4,758$3,848$3,088$2,460$1,949$1,029
21 years$4,484$3,584$2,840$2,233$1,744$885
22 years$4,235$3,346$2,617$2,030$1,563$762
23 years$4,008$3,129$2,417$1,849$1,403$657
24 years$3,800$2,932$2,235$1,686$1,261$567
25 years$3,609$2,751$2,070$1,540$1,135$489
26 years$3,434$2,586$1,920$1,408$1,022$423
27 years$3,271$2,434$1,783$1,289$922$366
28 years$3,120$2,293$1,657$1,181$832$316
29 years$2,980$2,163$1,542$1,083$751$273
30 years$2,850$2,043$1,437$994$679$237
31 years$2,728$1,931$1,339$913$614$205
32 years$2,614$1,827$1,250$839$555$177
33 years$2,507$1,731$1,167$771$502$154
34 years$2,407$1,640$1,090$710$455$133
35 years$2,312$1,556$1,019$653$412$115
36 years$2,224$1,477$953$602$373$100
37 years$2,140$1,402$892$554$338$87
38 years$2,060$1,333$836$511$307$75
39 years$1,985$1,267$783$471$278$65
40 years$1,914$1,206$734$435$252$56
41 years$1,847$1,148$688$401$229$49
42 years$1,782$1,093$646$370$208$42
43 years$1,721$1,042$606$342$188$37
44 years$1,663$993$569$315$171$32
45 years$1,608$947$534$291$155$28
46 years$1,555$903$501$269$141$24
47 years$1,505$862$471$249$128$21
48 years$1,457$823$443$230$116$18
49 years$1,411$786$416$212$106$16
50 years$1,367$751$391$196$96$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,400,000, adding $4,953 every year, while hoping to spend $37,835 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: 29/41/30 Blend
49$1,400,000$1,400,000$1,400,000$1,400,000
50$1,547,909$1,473,709$1,452,009$1,578,399
51$1,665,540$1,505,665$1,460,395$1,635,044
52$1,793,900$1,537,918$1,467,794$1,692,307
53$1,934,046$1,570,444$1,474,133$1,753,127
54$2,087,137$1,603,214$1,479,335$1,817,840
55$2,254,452$1,636,198$1,483,320$1,886,815
56$2,437,398$1,669,363$1,486,002$1,960,462
57$2,637,523$1,702,673$1,487,294$2,039,233
58$2,856,533$1,736,087$1,487,101$2,123,627
59$3,096,307$1,769,563$1,485,327$2,214,196
60$3,358,913$1,803,053$1,481,867$2,311,548
61$3,646,628$1,836,509$1,476,616$2,416,357
62$3,961,961$1,869,875$1,469,460$2,529,365
63$4,307,674$1,903,092$1,460,280$2,651,395
64$4,686,810$1,936,097$1,448,953$2,783,352
65$5,102,720$1,968,822$1,435,348$2,926,239
66$5,559,096$2,001,192$1,419,330$3,081,160
67$6,060,003$2,033,129$1,400,757$3,249,338
68$6,609,919$2,064,549$1,379,478$3,432,120
69$7,213,779$2,095,359$1,355,339$3,630,997
70$7,877,016$2,125,463$1,328,174$3,847,611
71$8,605,617$2,154,757$1,297,814$4,083,780
72$9,406,178$2,183,128$1,264,078$4,341,506
73$10,285,963$2,210,457$1,226,780$4,623,003
74$11,252,978$2,236,616$1,185,724$4,930,713
75$12,316,041$2,261,469$1,140,705$5,267,332
76$13,484,867$2,284,870$1,091,508$5,635,836
77$14,770,159$2,306,665$1,037,910$6,039,510
78$16,183,712$2,326,688$979,676$6,481,978
79$17,738,517$2,344,762$916,561$6,967,243
80$19,448,890$2,360,700$848,311$7,499,718
81$21,330,604$2,374,302$774,657$8,084,276
82$23,401,038$2,385,354$695,320$8,726,292
83$25,679,339$2,393,632$610,008$9,431,700
84$28,186,606$2,398,895$518,418$10,207,042
85$30,946,086$2,400,886$420,231$11,059,541
86$33,983,392$2,399,336$315,114$11,997,162
87$37,326,749$2,393,954$202,722$13,028,695
88$41,007,256$2,384,436$82,691$14,163,833
89$45,059,180$2,370,457$0$15,413,272
90$49,520,278$2,351,672$0$16,803,342
91$54,432,159$2,327,716$0$18,361,714
92$59,840,667$2,298,202$0$20,076,373
93$65,796,320$2,262,719$0$21,963,288
94$72,354,785$2,220,832$0$24,040,059
95$79,577,401$2,172,081$0$26,326,091
96$87,531,761$2,115,978$0$28,842,773
97$96,292,345$2,052,005$0$31,613,686
98$105,941,228$1,979,617$0$34,664,820
99$116,568,850$1,898,235$0$38,024,830
100$128,274,869$1,807,245$0$41,725,300