Can I retire at age 50 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$119,740$118,673$117,632$116,617$115,625$114,896
2 years$59,277$58,173$57,103$56,066$55,060$54,325
3 years$39,125$38,017$36,950$35,922$34,932$34,213
4 years$29,052$27,946$26,890$25,880$24,914$24,217
5 years$23,009$21,910$20,868$19,878$18,939$18,266
6 years$18,982$17,891$16,864$15,897$14,986$14,338
7 years$16,106$15,025$14,014$13,070$12,188$11,565
8 years$13,951$12,879$11,885$10,964$10,111$9,513
9 years$12,275$11,214$10,237$9,339$8,515$7,942
10 years$10,935$9,884$8,925$8,050$7,255$6,707
11 years$9,840$8,799$7,857$7,006$6,239$5,716
12 years$8,928$7,898$6,973$6,145$5,407$4,908
13 years$8,156$7,137$6,230$5,425$4,715$4,239
14 years$7,496$6,488$5,598$4,816$4,133$3,680
15 years$6,924$5,927$5,054$4,295$3,639$3,208
16 years$6,424$5,438$4,582$3,846$3,216$2,807
17 years$5,983$5,008$4,169$3,455$2,852$2,464
18 years$5,592$4,627$3,806$3,114$2,536$2,168
19 years$5,242$4,289$3,484$2,814$2,260$1,912
20 years$4,928$3,985$3,198$2,548$2,019$1,690
21 years$4,644$3,712$2,941$2,313$1,807$1,496
22 years$4,386$3,465$2,711$2,103$1,619$1,326
23 years$4,151$3,241$2,503$1,915$1,454$1,177
24 years$3,936$3,036$2,315$1,747$1,307$1,046
25 years$3,738$2,850$2,144$1,595$1,176$930
26 years$3,556$2,678$1,989$1,459$1,059$828
27 years$3,388$2,520$1,846$1,335$955$738
28 years$3,232$2,375$1,717$1,223$862$658
29 years$3,087$2,241$1,597$1,122$778$587
30 years$2,952$2,116$1,488$1,029$703$524
31 years$2,825$2,000$1,387$945$635$468
32 years$2,707$1,893$1,294$869$575$419
33 years$2,597$1,792$1,208$799$520$374
34 years$2,493$1,699$1,129$735$471$335
35 years$2,395$1,611$1,056$677$427$299
36 years$2,303$1,529$988$623$387$268
37 years$2,216$1,453$924$574$350$240
38 years$2,134$1,380$866$529$318$215
39 years$2,056$1,313$811$488$288$192
40 years$1,982$1,249$760$450$261$172
41 years$1,912$1,189$713$415$237$154
42 years$1,846$1,132$669$383$215$138
43 years$1,783$1,079$627$354$195$124
44 years$1,723$1,028$589$327$177$111
45 years$1,666$981$553$302$161$99
46 years$1,611$935$519$279$146$89
47 years$1,559$893$488$257$133$80
48 years$1,509$852$458$238$120$71
49 years$1,461$814$431$220$109$64
50 years$1,416$777$405$203$99$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,450,000, adding $6,054 every year, while hoping to spend $38,893 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: 66/26/8 Blend
49$1,450,000$1,450,000$1,450,000$1,450,000
50$1,604,145$1,527,295$1,504,820$1,707,183
51$1,726,386$1,560,750$1,513,849$1,809,903
52$1,859,792$1,594,542$1,521,878$1,916,920
53$2,005,460$1,628,644$1,528,831$2,032,855
54$2,164,600$1,663,031$1,534,630$2,158,573
55$2,338,542$1,697,672$1,539,192$2,295,028
56$2,528,750$1,732,535$1,542,432$2,443,269
57$2,736,837$1,767,583$1,544,258$2,604,451
58$2,964,579$1,802,779$1,544,575$2,779,847
59$3,213,931$1,838,080$1,543,283$2,970,861
60$3,487,046$1,873,441$1,540,277$3,179,037
61$3,786,296$1,908,810$1,535,448$3,406,077
62$4,114,292$1,944,135$1,528,679$3,653,857
63$4,473,909$1,979,358$1,519,850$3,924,443
64$4,868,317$2,014,415$1,508,833$4,220,110
65$5,301,003$2,049,240$1,495,497$4,543,368
66$5,775,811$2,083,758$1,479,702$4,896,981
67$6,296,974$2,117,892$1,461,302$5,283,993
68$6,869,154$2,151,558$1,440,144$5,707,761
69$7,497,488$2,184,664$1,416,069$6,171,983
70$8,187,634$2,217,115$1,388,910$6,680,733
71$8,945,825$2,248,806$1,358,491$7,238,504
72$9,778,928$2,279,626$1,324,629$7,850,243
73$10,694,507$2,309,457$1,287,133$8,521,404
74$11,700,896$2,338,169$1,245,801$9,257,998
75$12,807,277$2,365,629$1,200,425$10,066,649
76$14,023,765$2,391,690$1,150,784$10,954,655
77$15,361,503$2,416,198$1,096,651$11,930,062
78$16,832,772$2,438,987$1,037,784$13,001,735
79$18,451,099$2,459,881$973,933$14,179,445
80$20,231,388$2,478,693$904,837$15,473,960
81$22,190,063$2,495,222$830,222$16,897,148
82$24,345,217$2,509,255$749,803$18,462,086
83$26,716,788$2,520,567$663,280$20,183,191
84$29,326,742$2,528,917$570,342$22,076,347
85$32,199,284$2,534,048$470,662$24,159,062
86$35,361,084$2,535,690$363,902$26,450,633
87$38,841,527$2,533,551$249,706$28,972,323
88$42,672,995$2,527,327$127,703$31,747,571
89$46,891,165$2,516,692$0$34,802,205
90$51,535,354$2,501,299$0$38,164,906
91$56,648,880$2,480,782$0$41,878,480
92$62,279,478$2,454,753$0$45,966,628
93$68,479,749$2,422,800$0$50,467,495
94$75,307,652$2,384,486$0$55,423,115
95$82,827,054$2,339,348$0$60,879,816
96$91,108,333$2,286,895$0$66,888,651
97$100,229,040$2,226,610$0$73,505,881
98$110,274,630$2,157,942$0$80,793,511
99$121,339,270$2,080,309$0$88,819,872
100$133,526,727$1,993,096$0$97,660,268