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%18.4%
1 years$119,740$118,673$117,632$116,617$115,625$111,700
2 years$59,277$58,173$57,103$56,066$55,060$51,145
3 years$39,125$38,017$36,950$35,922$34,932$31,150
4 years$29,052$27,946$26,890$25,880$24,914$21,294
5 years$23,009$21,910$20,868$19,878$18,939$15,491
6 years$18,982$17,891$16,864$15,897$14,986$11,712
7 years$16,106$15,025$14,014$13,070$12,188$9,087
8 years$13,951$12,879$11,885$10,964$10,111$7,181
9 years$12,275$11,214$10,237$9,339$8,515$5,753
10 years$10,935$9,884$8,925$8,050$7,255$4,656
11 years$9,840$8,799$7,857$7,006$6,239$3,799
12 years$8,928$7,898$6,973$6,145$5,407$3,119
13 years$8,156$7,137$6,230$5,425$4,715$2,574
14 years$7,496$6,488$5,598$4,816$4,133$2,132
15 years$6,924$5,927$5,054$4,295$3,639$1,772
16 years$6,424$5,438$4,582$3,846$3,216$1,477
17 years$5,983$5,008$4,169$3,455$2,852$1,234
18 years$5,592$4,627$3,806$3,114$2,536$1,032
19 years$5,242$4,289$3,484$2,814$2,260$865
20 years$4,928$3,985$3,198$2,548$2,019$726
21 years$4,644$3,712$2,941$2,313$1,807$610
22 years$4,386$3,465$2,711$2,103$1,619$513
23 years$4,151$3,241$2,503$1,915$1,454$431
24 years$3,936$3,036$2,315$1,747$1,307$363
25 years$3,738$2,850$2,144$1,595$1,176$306
26 years$3,556$2,678$1,989$1,459$1,059$258
27 years$3,388$2,520$1,846$1,335$955$217
28 years$3,232$2,375$1,717$1,223$862$183
29 years$3,087$2,241$1,597$1,122$778$154
30 years$2,952$2,116$1,488$1,029$703$130
31 years$2,825$2,000$1,387$945$635$110
32 years$2,707$1,893$1,294$869$575$93
33 years$2,597$1,792$1,208$799$520$78
34 years$2,493$1,699$1,129$735$471$66
35 years$2,395$1,611$1,056$677$427$56
36 years$2,303$1,529$988$623$387$47
37 years$2,216$1,453$924$574$350$40
38 years$2,134$1,380$866$529$318$34
39 years$2,056$1,313$811$488$288$28
40 years$1,982$1,249$760$450$261$24
41 years$1,912$1,189$713$415$237$20
42 years$1,846$1,132$669$383$215$17
43 years$1,783$1,079$627$354$195$14
44 years$1,723$1,028$589$327$177$12
45 years$1,666$981$553$302$161$10
46 years$1,611$935$519$279$146$9
47 years$1,559$893$488$257$133$7
48 years$1,509$852$458$238$120$6
49 years$1,461$814$431$220$109$5
50 years$1,416$777$405$203$99$4

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 $2,160 every year, while hoping to spend $54,123 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: 59/27/14 Blend
49$1,450,000$1,450,000$1,450,000$1,450,000
50$1,600,128$1,523,278$1,500,803$1,688,786
51$1,705,755$1,540,332$1,493,493$1,765,907
52$1,820,341$1,556,408$1,484,125$1,843,748
53$1,944,744$1,571,401$1,472,572$1,927,353
54$2,079,907$1,585,198$1,458,701$2,017,285
55$2,226,865$1,597,680$1,442,375$2,114,163
56$2,386,759$1,608,720$1,423,449$2,218,672
57$2,560,844$1,618,183$1,401,770$2,331,567
58$2,750,501$1,625,925$1,377,180$2,453,684
59$2,957,249$1,631,792$1,349,513$2,585,942
60$3,182,761$1,635,622$1,318,594$2,729,358
61$3,428,877$1,637,242$1,284,241$2,885,053
62$3,697,623$1,636,467$1,246,263$3,054,265
63$3,991,229$1,633,103$1,204,462$3,238,360
64$4,312,152$1,626,943$1,158,629$3,438,847
65$4,663,094$1,617,765$1,108,546$3,657,388
66$5,047,032$1,605,338$1,053,984$3,895,821
67$5,467,242$1,589,413$994,706$4,156,172
68$5,927,335$1,569,729$930,463$4,440,678
69$6,431,285$1,546,006$860,995$4,751,805
70$6,983,467$1,517,952$786,029$5,092,278
71$7,588,701$1,485,252$705,282$5,465,100
72$8,252,296$1,447,577$618,456$5,873,586
73$8,980,099$1,404,577$525,243$6,321,395
74$9,778,549$1,355,881$425,319$6,812,561
75$10,654,739$1,301,097$318,345$7,351,537
76$11,616,482$1,239,810$203,969$7,943,233
77$12,672,383$1,171,582$81,822$8,593,069
78$13,831,924$1,095,947$0$9,307,022
79$15,105,547$1,012,415$0$10,098,933
80$16,504,757$920,468$0$10,982,341
81$18,042,227$819,556$0$11,953,095
82$19,731,920$709,099$0$13,020,109
83$21,589,217$588,486$0$14,193,209
84$23,631,065$457,070$0$15,483,230
85$25,876,133$314,166$0$16,902,118
86$28,344,991$159,052$0$18,463,041
87$31,060,302$0$0$20,180,517
88$34,047,034$0$0$22,073,237
89$37,332,698$0$0$24,207,511
90$40,947,605$0$0$26,555,789
91$44,925,153$0$0$29,139,784
92$49,302,138$0$0$31,983,418
93$54,119,106$0$0$35,113,051
94$59,420,732$0$0$38,557,728
95$65,256,240$0$0$42,349,450
96$71,679,870$0$0$46,523,482
97$78,751,385$0$0$51,118,678
98$86,536,641$0$0$56,177,853
99$95,108,200$0$0$61,748,183
100$104,546,021$0$0$67,881,653