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%13.7%
1 years$115,611$114,581$113,576$112,596$111,638$109,924
2 years$57,233$56,167$55,134$54,132$53,161$51,439
3 years$37,776$36,706$35,675$34,683$33,727$32,050
4 years$28,050$26,983$25,963$24,987$24,055$22,435
5 years$22,216$21,155$20,148$19,193$18,286$16,729
6 years$18,327$17,274$16,283$15,349$14,469$12,976
7 years$15,551$14,507$13,531$12,619$11,767$10,339
8 years$13,470$12,435$11,475$10,586$9,762$8,399
9 years$11,852$10,827$9,884$9,017$8,221$6,922
10 years$10,558$9,544$8,617$7,772$7,005$5,768
11 years$9,501$8,496$7,586$6,764$6,024$4,849
12 years$8,620$7,626$6,732$5,933$5,221$4,106
13 years$7,875$6,891$6,015$5,238$4,552$3,496
14 years$7,237$6,264$5,405$4,650$3,991$2,991
15 years$6,685$5,722$4,880$4,147$3,514$2,569
16 years$6,203$5,250$4,424$3,713$3,105$2,214
17 years$5,777$4,835$4,026$3,336$2,753$1,914
18 years$5,399$4,468$3,675$3,007$2,448$1,658
19 years$5,062$4,141$3,364$2,717$2,182$1,439
20 years$4,758$3,848$3,088$2,460$1,949$1,251
21 years$4,484$3,584$2,840$2,233$1,744$1,089
22 years$4,235$3,346$2,617$2,030$1,563$950
23 years$4,008$3,129$2,417$1,849$1,403$829
24 years$3,800$2,932$2,235$1,686$1,261$724
25 years$3,609$2,751$2,070$1,540$1,135$633
26 years$3,434$2,586$1,920$1,408$1,022$554
27 years$3,271$2,434$1,783$1,289$922$485
28 years$3,120$2,293$1,657$1,181$832$425
29 years$2,980$2,163$1,542$1,083$751$373
30 years$2,850$2,043$1,437$994$679$327
31 years$2,728$1,931$1,339$913$614$287
32 years$2,614$1,827$1,250$839$555$252
33 years$2,507$1,731$1,167$771$502$221
34 years$2,407$1,640$1,090$710$455$194
35 years$2,312$1,556$1,019$653$412$170
36 years$2,224$1,477$953$602$373$150
37 years$2,140$1,402$892$554$338$131
38 years$2,060$1,333$836$511$307$115
39 years$1,985$1,267$783$471$278$101
40 years$1,914$1,206$734$435$252$89
41 years$1,847$1,148$688$401$229$78
42 years$1,782$1,093$646$370$208$69
43 years$1,721$1,042$606$342$188$61
44 years$1,663$993$569$315$171$53
45 years$1,608$947$534$291$155$47
46 years$1,555$903$501$269$141$41
47 years$1,505$862$471$249$128$36
48 years$1,457$823$443$230$116$32
49 years$1,411$786$416$212$106$28
50 years$1,367$751$391$196$96$25

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 $5,082 every year, while hoping to spend $44,122 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: 72/16/12 Blend
49$1,400,000$1,400,000$1,400,000$1,400,000
50$1,548,042$1,473,842$1,452,142$1,655,296
51$1,658,997$1,499,115$1,453,843$1,752,236
52$1,779,790$1,524,147$1,454,123$1,852,441
53$1,911,379$1,548,881$1,452,886$1,960,977
54$2,054,817$1,573,253$1,450,035$2,078,657
55$2,211,262$1,597,196$1,445,465$2,206,377
56$2,381,991$1,620,639$1,439,068$2,345,124
57$2,568,407$1,643,503$1,430,730$2,495,985
58$2,772,057$1,665,707$1,420,331$2,660,158
59$2,994,641$1,687,161$1,407,747$2,838,962
60$3,238,033$1,707,771$1,392,846$3,033,852
61$3,504,297$1,727,436$1,375,490$3,246,431
62$3,795,703$1,746,049$1,355,537$3,478,466
63$4,114,753$1,763,493$1,332,836$3,731,903
64$4,464,200$1,779,646$1,307,228$4,008,886
65$4,847,078$1,794,378$1,278,549$4,311,781
66$5,266,726$1,807,549$1,246,627$4,643,193
67$5,726,824$1,819,011$1,211,281$5,005,994
68$6,231,423$1,828,605$1,172,321$5,403,349
69$6,784,985$1,836,164$1,129,552$5,838,746
70$7,392,427$1,841,509$1,082,765$6,316,029
71$8,059,161$1,844,450$1,031,744$6,839,437
72$8,791,153$1,844,786$976,265$7,413,639
73$9,594,972$1,842,301$916,091$8,043,783
74$10,477,855$1,836,769$850,976$8,735,543
75$11,447,774$1,827,949$780,661$9,495,172
76$12,513,511$1,815,583$704,878$10,329,562
77$13,684,743$1,799,400$623,345$11,246,310
78$14,972,129$1,779,113$535,769$12,253,790
79$16,387,411$1,754,414$441,843$13,361,229
80$17,943,528$1,724,982$341,245$14,578,799
81$19,654,734$1,690,472$233,643$15,917,711
82$21,536,733$1,650,522$118,687$17,390,322
83$23,606,829$1,604,746$0$19,010,252
84$25,884,085$1,552,738$0$20,793,022
85$28,389,506$1,494,067$0$22,770,916
86$31,146,235$1,428,275$0$24,947,008
87$34,179,772$1,354,881$0$27,341,450
88$37,518,213$1,273,375$0$29,976,448
89$41,192,516$1,183,216$0$32,876,474
90$45,236,793$1,083,834$0$36,068,499
91$49,688,629$974,625$0$39,582,242
92$54,589,440$854,952$0$43,450,458
93$59,984,859$724,141$0$47,709,240
94$65,925,171$581,480$0$52,398,366
95$72,465,783$426,218$0$57,561,673
96$79,667,750$257,559$0$63,247,469
97$87,598,346$74,665$0$69,508,993
98$96,331,704$0$0$76,404,916
99$105,949,512$0$0$84,021,611
100$116,541,784$0$0$92,424,590