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

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$119,740$118,673$117,632$116,617$115,625$114,800
2 years$59,277$58,173$57,103$56,066$55,060$54,228
3 years$39,125$38,017$36,950$35,922$34,932$34,119
4 years$29,052$27,946$26,890$25,880$24,914$24,126
5 years$23,009$21,910$20,868$19,878$18,939$18,179
6 years$18,982$17,891$16,864$15,897$14,986$14,254
7 years$16,106$15,025$14,014$13,070$12,188$11,484
8 years$13,951$12,879$11,885$10,964$10,111$9,436
9 years$12,275$11,214$10,237$9,339$8,515$7,869
10 years$10,935$9,884$8,925$8,050$7,255$6,637
11 years$9,840$8,799$7,857$7,006$6,239$5,650
12 years$8,928$7,898$6,973$6,145$5,407$4,844
13 years$8,156$7,137$6,230$5,425$4,715$4,179
14 years$7,496$6,488$5,598$4,816$4,133$3,623
15 years$6,924$5,927$5,054$4,295$3,639$3,155
16 years$6,424$5,438$4,582$3,846$3,216$2,756
17 years$5,983$5,008$4,169$3,455$2,852$2,416
18 years$5,592$4,627$3,806$3,114$2,536$2,123
19 years$5,242$4,289$3,484$2,814$2,260$1,869
20 years$4,928$3,985$3,198$2,548$2,019$1,650
21 years$4,644$3,712$2,941$2,313$1,807$1,458
22 years$4,386$3,465$2,711$2,103$1,619$1,291
23 years$4,151$3,241$2,503$1,915$1,454$1,144
24 years$3,936$3,036$2,315$1,747$1,307$1,015
25 years$3,738$2,850$2,144$1,595$1,176$902
26 years$3,556$2,678$1,989$1,459$1,059$802
27 years$3,388$2,520$1,846$1,335$955$713
28 years$3,232$2,375$1,717$1,223$862$635
29 years$3,087$2,241$1,597$1,122$778$566
30 years$2,952$2,116$1,488$1,029$703$504
31 years$2,825$2,000$1,387$945$635$450
32 years$2,707$1,893$1,294$869$575$401
33 years$2,597$1,792$1,208$799$520$358
34 years$2,493$1,699$1,129$735$471$320
35 years$2,395$1,611$1,056$677$427$285
36 years$2,303$1,529$988$623$387$255
37 years$2,216$1,453$924$574$350$228
38 years$2,134$1,380$866$529$318$204
39 years$2,056$1,313$811$488$288$182
40 years$1,982$1,249$760$450$261$163
41 years$1,912$1,189$713$415$237$145
42 years$1,846$1,132$669$383$215$130
43 years$1,783$1,079$627$354$195$116
44 years$1,723$1,028$589$327$177$104
45 years$1,666$981$553$302$161$93
46 years$1,611$935$519$279$146$83
47 years$1,559$893$488$257$133$74
48 years$1,509$852$458$238$120$67
49 years$1,461$814$431$220$109$60
50 years$1,416$777$405$203$99$53

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 $6,009 every year, while hoping to spend $44,801 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: 45/32/23 Blend
49$1,450,000$1,450,000$1,450,000$1,450,000
50$1,604,098$1,527,248$1,504,773$1,665,402
51$1,720,048$1,554,416$1,507,515$1,736,405
52$1,846,324$1,581,412$1,508,848$1,808,508
53$1,983,931$1,608,183$1,508,676$1,885,800
54$2,133,976$1,634,668$1,506,900$1,968,786
55$2,297,677$1,660,803$1,503,418$2,058,025
56$2,476,377$1,686,519$1,498,118$2,154,133
57$2,671,550$1,711,741$1,490,888$2,257,789
58$2,884,822$1,736,391$1,481,607$2,369,744
59$3,117,983$1,760,383$1,470,150$2,490,827
60$3,373,001$1,783,625$1,456,384$2,621,954
61$3,652,046$1,806,022$1,440,172$2,764,135
62$3,957,507$1,827,469$1,421,369$2,918,485
63$4,292,012$1,847,855$1,399,825$3,086,234
64$4,658,459$1,867,061$1,375,380$3,268,742
65$5,060,035$1,884,961$1,347,870$3,467,509
66$5,500,255$1,901,420$1,317,119$3,684,190
67$5,982,986$1,916,294$1,282,948$3,920,612
68$6,512,489$1,929,432$1,245,165$4,178,793
69$7,093,458$1,940,669$1,203,573$4,460,957
70$7,731,061$1,949,832$1,157,963$4,769,560
71$8,430,994$1,956,738$1,108,119$5,107,314
72$9,199,527$1,961,190$1,053,813$5,477,209
73$10,043,570$1,962,980$994,807$5,882,544
74$10,970,736$1,961,887$930,854$6,326,963
75$11,989,407$1,957,676$861,695$6,814,481
76$13,108,823$1,950,098$787,058$7,349,533
77$14,339,159$1,938,889$706,660$7,937,009
78$15,691,625$1,923,767$620,206$8,582,303
79$17,178,575$1,904,435$527,386$9,291,369
80$18,813,615$1,880,578$427,879$10,070,771
81$20,611,738$1,851,860$321,347$10,927,753
82$22,589,462$1,817,928$207,439$11,870,304
83$24,764,987$1,778,407$85,788$12,907,235
84$27,158,364$1,732,897$0$14,048,266
85$29,791,688$1,680,980$0$15,314,925
86$32,689,300$1,622,208$0$16,731,396
87$35,878,023$1,556,111$0$18,289,748
88$39,387,410$1,482,189$0$20,004,466
89$43,250,024$1,399,914$0$21,891,521
90$47,501,745$1,308,728$0$23,968,519
91$52,182,109$1,208,041$0$26,254,865
92$57,334,677$1,097,229$0$28,771,952
93$63,007,453$975,632$0$31,543,362
94$69,253,328$842,553$0$34,595,089
95$76,130,585$697,255$0$37,955,787
96$83,703,444$538,960$0$41,657,041
97$92,042,672$366,846$0$45,733,668
98$101,226,248$180,045$0$50,224,045
99$111,340,098$0$0$55,170,474
100$122,478,908$0$0$60,627,457