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%17.8%
1 years$119,740$118,673$117,632$116,617$115,625$111,969
2 years$59,277$58,173$57,103$56,066$55,060$51,409
3 years$39,125$38,017$36,950$35,922$34,932$31,402
4 years$29,052$27,946$26,890$25,880$24,914$21,531
5 years$23,009$21,910$20,868$19,878$18,939$15,713
6 years$18,982$17,891$16,864$15,897$14,986$11,919
7 years$16,106$15,025$14,014$13,070$12,188$9,279
8 years$13,951$12,879$11,885$10,964$10,111$7,359
9 years$12,275$11,214$10,237$9,339$8,515$5,917
10 years$10,935$9,884$8,925$8,050$7,255$4,807
11 years$9,840$8,799$7,857$7,006$6,239$3,937
12 years$8,928$7,898$6,973$6,145$5,407$3,246
13 years$8,156$7,137$6,230$5,425$4,715$2,689
14 years$7,496$6,488$5,598$4,816$4,133$2,237
15 years$6,924$5,927$5,054$4,295$3,639$1,867
16 years$6,424$5,438$4,582$3,846$3,216$1,563
17 years$5,983$5,008$4,169$3,455$2,852$1,311
18 years$5,592$4,627$3,806$3,114$2,536$1,102
19 years$5,242$4,289$3,484$2,814$2,260$928
20 years$4,928$3,985$3,198$2,548$2,019$782
21 years$4,644$3,712$2,941$2,313$1,807$660
22 years$4,386$3,465$2,711$2,103$1,619$558
23 years$4,151$3,241$2,503$1,915$1,454$471
24 years$3,936$3,036$2,315$1,747$1,307$399
25 years$3,738$2,850$2,144$1,595$1,176$337
26 years$3,556$2,678$1,989$1,459$1,059$286
27 years$3,388$2,520$1,846$1,335$955$242
28 years$3,232$2,375$1,717$1,223$862$205
29 years$3,087$2,241$1,597$1,122$778$174
30 years$2,952$2,116$1,488$1,029$703$147
31 years$2,825$2,000$1,387$945$635$125
32 years$2,707$1,893$1,294$869$575$106
33 years$2,597$1,792$1,208$799$520$90
34 years$2,493$1,699$1,129$735$471$76
35 years$2,395$1,611$1,056$677$427$65
36 years$2,303$1,529$988$623$387$55
37 years$2,216$1,453$924$574$350$47
38 years$2,134$1,380$866$529$318$40
39 years$2,056$1,313$811$488$288$34
40 years$1,982$1,249$760$450$261$28
41 years$1,912$1,189$713$415$237$24
42 years$1,846$1,132$669$383$215$21
43 years$1,783$1,079$627$354$195$17
44 years$1,723$1,028$589$327$177$15
45 years$1,666$981$553$302$161$13
46 years$1,611$935$519$279$146$11
47 years$1,559$893$488$257$133$9
48 years$1,509$852$458$238$120$8
49 years$1,461$814$431$220$109$7
50 years$1,416$777$405$203$99$6

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 $3,978 every year, while hoping to spend $40,480 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: 44/39/17 Blend
49$1,450,000$1,450,000$1,450,000$1,450,000
50$1,602,003$1,525,153$1,502,678$1,664,462
51$1,722,337$1,556,815$1,509,948$1,740,327
52$1,853,589$1,588,672$1,516,104$1,818,177
53$1,996,828$1,620,691$1,521,067$1,901,700
54$2,153,234$1,652,834$1,524,752$1,991,437
55$2,324,105$1,685,064$1,527,072$2,087,985
56$2,510,869$1,717,337$1,527,934$2,192,005
57$2,715,098$1,749,607$1,527,241$2,304,222
58$2,938,525$1,781,825$1,524,890$2,425,439
59$3,183,055$1,813,935$1,520,774$2,556,537
60$3,450,788$1,845,880$1,514,782$2,698,493
61$3,744,037$1,877,596$1,506,796$2,852,381
62$4,065,348$1,909,017$1,496,692$3,019,387
63$4,417,523$1,940,069$1,484,341$3,200,816
64$4,803,652$1,970,674$1,469,608$3,398,112
65$5,227,136$2,000,748$1,452,352$3,612,864
66$5,691,721$2,030,202$1,432,422$3,846,826
67$6,201,533$2,058,938$1,409,665$4,101,932
68$6,761,117$2,086,854$1,383,917$4,380,316
69$7,375,480$2,113,839$1,355,007$4,684,329
70$8,050,138$2,139,776$1,322,758$5,016,567
71$8,791,164$2,164,538$1,286,984$5,379,891
72$9,605,253$2,187,990$1,247,487$5,777,458
73$10,499,777$2,209,989$1,204,066$6,212,747
74$11,482,858$2,230,382$1,156,506$6,689,597
75$12,563,444$2,249,006$1,104,584$7,212,241
76$13,751,394$2,265,686$1,048,066$7,785,348
77$15,057,569$2,280,237$986,709$8,414,064
78$16,493,935$2,292,463$920,258$9,104,068
79$18,073,677$2,302,154$848,447$9,861,619
80$19,811,318$2,309,086$770,996$10,693,620
81$21,722,864$2,313,023$687,616$11,607,684
82$23,825,948$2,313,712$598,003$12,612,205
83$26,139,998$2,310,887$501,839$13,716,437
84$28,686,421$2,304,264$398,794$14,930,587
85$31,488,803$2,293,540$288,521$16,265,908
86$34,573,134$2,278,397$170,659$17,734,807
87$37,968,050$2,258,494$44,832$19,350,964
88$41,705,103$2,233,472$0$21,129,463
89$45,819,061$2,202,951$0$23,103,158
90$50,348,235$2,166,525$0$25,283,894
91$55,334,837$2,123,766$0$27,683,823
92$60,825,381$2,074,221$0$30,325,311
93$66,871,122$2,017,410$0$33,233,015
94$73,528,537$1,952,824$0$36,434,111
95$80,859,860$1,879,925$0$39,958,553
96$88,933,668$1,798,143$0$43,839,360
97$97,825,526$1,706,877$0$48,112,926
98$107,618,704$1,605,488$0$52,819,364
99$118,404,957$1,493,302$0$58,002,888
100$130,285,397$1,369,608$0$63,712,234