Can I retire at age 50 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$120,565$119,492$118,444$117,421$116,422$113,932
2 years$59,686$58,574$57,497$56,452$55,439$52,942
3 years$39,395$38,279$37,204$36,170$35,173$32,748
4 years$29,252$28,139$27,075$26,058$25,086$22,750
5 years$23,168$22,061$21,011$20,015$19,070$16,831
6 years$19,113$18,015$16,980$16,006$15,089$12,950
7 years$16,217$15,129$14,111$13,160$12,272$10,232
8 years$14,047$12,968$11,967$11,039$10,180$8,239
9 years$12,360$11,291$10,307$9,403$8,573$6,730
10 years$11,011$9,953$8,986$8,106$7,305$5,557
11 years$9,908$8,860$7,911$7,054$6,283$4,628
12 years$8,989$7,952$7,021$6,188$5,444$3,880
13 years$8,213$7,187$6,273$5,463$4,748$3,272
14 years$7,548$6,532$5,636$4,849$4,162$2,771
15 years$6,972$5,968$5,089$4,325$3,664$2,356
16 years$6,468$5,475$4,614$3,872$3,238$2,009
17 years$6,025$5,042$4,198$3,479$2,871$1,717
18 years$5,631$4,659$3,832$3,135$2,553$1,472
19 years$5,279$4,318$3,508$2,833$2,276$1,263
20 years$4,962$4,013$3,220$2,566$2,033$1,086
21 years$4,676$3,738$2,962$2,329$1,819$935
22 years$4,416$3,489$2,730$2,117$1,631$806
23 years$4,180$3,263$2,520$1,928$1,464$695
24 years$3,963$3,057$2,331$1,759$1,316$600
25 years$3,764$2,869$2,159$1,606$1,184$519
26 years$3,581$2,697$2,002$1,469$1,066$449
27 years$3,411$2,538$1,859$1,344$961$388
28 years$3,254$2,391$1,728$1,232$867$336
29 years$3,108$2,256$1,608$1,129$783$291
30 years$2,972$2,131$1,498$1,037$708$252
31 years$2,845$2,014$1,397$952$640$218
32 years$2,726$1,906$1,303$875$579$189
33 years$2,615$1,805$1,217$805$524$164
34 years$2,510$1,710$1,137$740$474$142
35 years$2,412$1,622$1,063$681$430$123
36 years$2,319$1,540$994$628$389$107
37 years$2,231$1,463$931$578$353$93
38 years$2,149$1,390$872$533$320$80
39 years$2,070$1,322$817$491$290$70
40 years$1,996$1,257$765$453$263$61
41 years$1,926$1,197$718$418$239$53
42 years$1,859$1,140$673$386$217$46
43 years$1,795$1,086$632$356$197$40
44 years$1,735$1,035$593$329$178$34
45 years$1,677$987$557$304$162$30
46 years$1,622$942$523$281$147$26
47 years$1,570$899$491$259$134$22
48 years$1,519$858$462$240$121$19
49 years$1,471$819$434$221$110$17
50 years$1,425$783$408$205$100$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,460,000, adding $4,041 every year, while hoping to spend $33,988 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: 70/13/17 Blend
49$1,460,000$1,460,000$1,460,000$1,460,000
50$1,613,088$1,535,708$1,513,078$1,719,253
51$1,741,460$1,574,795$1,527,603$1,829,528
52$1,881,787$1,614,658$1,541,476$1,945,745
53$2,035,252$1,655,299$1,554,638$2,072,080
54$2,203,159$1,696,720$1,567,030$2,209,530
55$2,386,942$1,738,919$1,578,586$2,359,190
56$2,588,181$1,781,898$1,589,239$2,522,266
57$2,808,616$1,825,651$1,598,920$2,700,089
58$3,050,164$1,870,177$1,607,552$2,894,121
59$3,314,934$1,915,469$1,615,059$3,105,979
60$3,605,251$1,961,521$1,621,357$3,337,437
61$3,923,674$2,008,323$1,626,360$3,590,456
62$4,273,023$2,055,865$1,629,977$3,867,192
63$4,656,403$2,104,134$1,632,113$4,170,023
64$5,077,235$2,153,116$1,632,668$4,501,569
65$5,539,288$2,202,793$1,631,537$4,864,714
66$6,046,711$2,253,146$1,628,609$5,262,639
67$6,604,078$2,304,152$1,623,770$5,698,848
68$7,216,424$2,355,786$1,616,897$6,177,203
69$7,889,301$2,408,021$1,607,864$6,701,957
70$8,628,820$2,460,824$1,596,538$7,277,799
71$9,441,716$2,514,161$1,582,779$7,909,895
72$10,335,410$2,567,993$1,566,440$8,603,937
73$11,318,075$2,622,279$1,547,370$9,366,200
74$12,398,719$2,676,970$1,525,406$10,203,596
75$13,587,263$2,732,017$1,500,383$11,123,744
76$14,894,641$2,787,363$1,472,123$12,135,038
77$16,332,899$2,842,948$1,440,443$13,246,730
78$17,915,307$2,898,705$1,405,150$14,469,015
79$19,656,489$2,954,563$1,366,044$15,813,129
80$21,572,557$3,010,442$1,322,912$17,291,453
81$23,681,264$3,066,260$1,275,536$18,917,631
82$26,002,170$3,121,924$1,223,684$20,706,700
83$28,556,830$3,177,337$1,167,116$22,675,231
84$31,368,992$3,232,391$1,105,579$24,841,486
85$34,464,824$3,286,974$1,038,811$27,225,588
86$37,873,161$3,340,960$966,536$29,849,716
87$41,625,776$3,394,220$888,468$32,738,311
88$45,757,678$3,446,610$804,305$35,918,309
89$50,307,446$3,497,978$713,734$39,419,391
90$55,317,589$3,548,162$616,426$43,274,271
91$60,834,947$3,596,987$512,041$47,518,998
92$66,911,138$3,644,265$400,220$52,193,301
93$73,603,037$3,689,797$280,591$57,340,963
94$80,973,319$3,733,370$152,763$63,010,231
95$89,091,047$3,774,755$16,331$69,254,281
96$98,032,325$3,813,709$0$76,131,710
97$107,881,014$3,849,972$0$83,730,544
98$118,729,525$3,883,268$0$92,103,189
99$130,679,691$3,913,302$0$101,325,191
100$143,843,726$3,939,760$0$111,483,070