Can I retire at age 50 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$118,088$117,036$116,010$115,008$114,030$110,160
2 years$58,459$57,371$56,316$55,292$54,300$50,439
3 years$38,586$37,492$36,440$35,426$34,450$30,721
4 years$28,651$27,561$26,519$25,523$24,570$21,000
5 years$22,692$21,608$20,580$19,604$18,678$15,277
6 years$18,720$17,645$16,631$15,677$14,779$11,550
7 years$15,884$14,818$13,821$12,889$12,019$8,961
8 years$13,758$12,702$11,721$10,812$9,971$7,082
9 years$12,106$11,059$10,095$9,210$8,397$5,674
10 years$10,785$9,748$8,801$7,939$7,155$4,592
11 years$9,704$8,678$7,749$6,909$6,153$3,747
12 years$8,805$7,789$6,877$6,060$5,332$3,076
13 years$8,044$7,039$6,144$5,350$4,650$2,538
14 years$7,393$6,398$5,520$4,749$4,076$2,103
15 years$6,828$5,845$4,984$4,236$3,589$1,748
16 years$6,335$5,363$4,519$3,793$3,172$1,457
17 years$5,901$4,939$4,112$3,408$2,812$1,217
18 years$5,515$4,564$3,754$3,071$2,501$1,018
19 years$5,170$4,230$3,436$2,775$2,229$853
20 years$4,860$3,930$3,154$2,513$1,991$716
21 years$4,580$3,661$2,901$2,281$1,782$601
22 years$4,326$3,417$2,674$2,074$1,597$506
23 years$4,094$3,196$2,469$1,889$1,434$425
24 years$3,882$2,995$2,283$1,723$1,289$358
25 years$3,687$2,810$2,114$1,573$1,159$302
26 years$3,507$2,641$1,961$1,438$1,044$254
27 years$3,341$2,486$1,821$1,317$942$214
28 years$3,187$2,342$1,693$1,206$850$181
29 years$3,044$2,210$1,575$1,106$767$152
30 years$2,911$2,087$1,467$1,015$693$129
31 years$2,786$1,973$1,368$932$627$108
32 years$2,670$1,867$1,276$857$567$92
33 years$2,561$1,768$1,192$788$513$77
34 years$2,458$1,675$1,114$725$465$65
35 years$2,362$1,589$1,041$667$421$55
36 years$2,271$1,508$974$615$381$46
37 years$2,185$1,432$912$566$346$39
38 years$2,104$1,361$854$522$313$33
39 years$2,028$1,295$800$481$284$28
40 years$1,955$1,232$750$444$258$24
41 years$1,886$1,172$703$410$234$20
42 years$1,821$1,117$659$378$212$17
43 years$1,758$1,064$619$349$192$14
44 years$1,699$1,014$581$322$175$12
45 years$1,643$967$545$298$159$10
46 years$1,589$922$512$275$144$9
47 years$1,537$880$481$254$131$7
48 years$1,488$840$452$235$119$6
49 years$1,441$803$425$217$108$5
50 years$1,396$767$400$200$98$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,430,000, adding $5,485 every year, while hoping to spend $58,548 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: 71/5/24 Blend
49$1,430,000$1,430,000$1,430,000$1,430,000
50$1,581,518$1,505,728$1,483,563$1,683,900
51$1,680,538$1,517,214$1,470,968$1,764,488
52$1,787,696$1,527,300$1,455,988$1,845,307
53$1,903,760$1,535,857$1,438,483$1,932,392
54$2,029,575$1,542,745$1,418,303$2,026,361
55$2,166,069$1,547,817$1,395,294$2,127,894
56$2,314,264$1,550,916$1,369,292$2,237,742
57$2,475,283$1,551,876$1,340,128$2,356,734
58$2,650,363$1,550,519$1,307,623$2,485,782
59$2,840,863$1,546,657$1,271,592$2,625,895
60$3,048,280$1,540,092$1,231,838$2,778,186
61$3,274,258$1,530,610$1,188,159$2,943,879
62$3,520,611$1,517,988$1,140,340$3,124,329
63$3,789,331$1,501,988$1,088,160$3,321,028
64$4,082,614$1,482,356$1,031,384$3,535,623
65$4,402,875$1,458,826$969,770$3,769,928
66$4,752,773$1,431,114$903,062$4,025,947
67$5,135,237$1,398,919$830,996$4,305,889
68$5,553,488$1,361,924$753,291$4,612,190
69$6,011,077$1,319,791$669,660$4,947,538
70$6,511,911$1,272,164$579,797$5,314,897
71$7,060,292$1,218,666$483,386$5,717,535
72$7,660,959$1,158,898$380,097$6,159,057
73$8,319,130$1,092,438$269,584$6,643,438
74$9,040,553$1,018,839$151,487$7,175,063
75$9,831,557$937,629$25,428$7,758,765
76$10,699,112$848,309$0$8,399,875
77$11,650,897$750,352$0$9,132,211
78$12,695,368$643,200$0$9,943,081
79$13,841,843$526,263$0$10,833,223
80$15,100,582$398,921$0$11,810,634
81$16,482,888$260,515$0$12,884,123
82$18,001,214$110,352$0$14,063,394
83$19,669,278$0$0$15,359,141
84$21,502,190$0$0$16,786,025
85$23,516,598$0$0$18,360,950
86$25,730,843$0$0$20,092,194
87$28,165,131$0$0$21,995,565
88$30,841,723$0$0$24,088,481
89$33,785,146$0$0$26,390,128
90$37,022,421$0$0$28,921,650
91$40,583,321$0$0$31,706,338
92$44,500,647$0$0$34,769,856
93$48,810,543$0$0$38,140,482
94$53,552,829$0$0$41,849,371
95$58,771,383$0$0$45,930,852
96$64,514,548$0$0$50,422,747
97$70,835,592$0$0$55,366,735
98$77,793,212$0$0$60,808,738
99$85,452,078$0$0$66,799,354
100$93,883,454$0$0$73,394,339