Can I retire at age 50 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$123,043$121,947$120,878$119,834$118,815$116,894
2 years$60,912$59,778$58,678$57,612$56,578$54,649
3 years$40,205$39,065$37,969$36,913$35,896$34,017
4 years$29,853$28,717$27,632$26,594$25,601$23,788
5 years$23,644$22,515$21,443$20,426$19,462$17,719
6 years$19,505$18,385$17,329$16,335$15,399$13,730
7 years$16,551$15,440$14,401$13,430$12,524$10,927
8 years$14,336$13,235$12,213$11,266$10,390$8,866
9 years$12,614$11,523$10,519$9,596$8,750$7,298
10 years$11,237$10,157$9,171$8,272$7,455$6,075
11 years$10,111$9,042$8,074$7,199$6,412$5,101
12 years$9,174$8,116$7,165$6,315$5,556$4,313
13 years$8,381$7,334$6,402$5,575$4,845$3,668
14 years$7,703$6,667$5,752$4,949$4,247$3,134
15 years$7,115$6,090$5,193$4,413$3,740$2,688
16 years$6,601$5,588$4,708$3,952$3,305$2,313
17 years$6,148$5,146$4,284$3,551$2,930$1,996
18 years$5,746$4,755$3,911$3,200$2,606$1,727
19 years$5,387$4,407$3,580$2,891$2,322$1,497
20 years$5,064$4,095$3,286$2,619$2,074$1,299
21 years$4,772$3,815$3,022$2,377$1,856$1,130
22 years$4,507$3,561$2,786$2,161$1,664$984
23 years$4,266$3,330$2,572$1,968$1,494$857
24 years$4,045$3,120$2,379$1,795$1,343$748
25 years$3,841$2,928$2,203$1,639$1,208$653
26 years$3,654$2,752$2,043$1,499$1,088$570
27 years$3,481$2,590$1,897$1,372$981$499
28 years$3,321$2,441$1,764$1,257$885$436
29 years$3,172$2,302$1,641$1,153$799$382
30 years$3,033$2,174$1,529$1,058$722$334
31 years$2,903$2,055$1,425$972$653$293
32 years$2,782$1,945$1,330$893$591$256
33 years$2,668$1,842$1,242$821$535$225
34 years$2,562$1,746$1,160$755$484$197
35 years$2,461$1,656$1,085$695$438$173
36 years$2,366$1,572$1,015$640$397$151
37 years$2,277$1,493$950$590$360$133
38 years$2,193$1,418$889$544$326$116
39 years$2,113$1,349$833$502$296$102
40 years$2,037$1,283$781$463$268$90
41 years$1,965$1,222$732$427$244$79
42 years$1,897$1,163$687$394$221$69
43 years$1,832$1,108$645$364$201$61
44 years$1,770$1,057$605$336$182$53
45 years$1,711$1,008$568$310$165$47
46 years$1,655$961$534$286$150$41
47 years$1,602$917$501$265$136$36
48 years$1,551$876$471$244$124$32
49 years$1,502$836$443$226$112$28
50 years$1,455$799$416$209$102$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,490,000, adding $5,058 every year, while hoping to spend $25,081 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: 48/46/6 Blend
49$1,490,000$1,490,000$1,490,000$1,490,000
50$1,647,197$1,568,227$1,545,132$1,723,464
51$1,788,525$1,618,384$1,570,208$1,826,324
52$1,943,428$1,670,159$1,595,284$1,934,861
53$2,113,264$1,723,603$1,620,332$2,052,104
54$2,299,529$1,778,771$1,645,325$2,178,867
55$2,503,871$1,835,720$1,670,233$2,316,048
56$2,728,103$1,894,508$1,695,023$2,464,633
57$2,974,226$1,955,195$1,719,663$2,625,706
58$3,244,440$2,017,844$1,744,115$2,800,459
59$3,541,172$2,082,517$1,768,342$2,990,205
60$3,867,094$2,149,282$1,792,303$3,196,387
61$4,225,148$2,218,207$1,815,956$3,420,591
62$4,618,577$2,289,364$1,839,255$3,664,564
63$5,050,954$2,362,825$1,862,151$3,930,228
64$5,526,214$2,438,665$1,884,596$4,219,699
65$6,048,692$2,516,964$1,906,534$4,535,304
66$6,623,165$2,597,802$1,927,909$4,879,606
67$7,254,896$2,681,262$1,948,662$5,255,425
68$7,949,682$2,767,431$1,968,730$5,665,865
69$8,713,913$2,856,399$1,988,046$6,114,345
70$9,554,626$2,948,256$2,006,539$6,604,629
71$10,479,577$3,043,100$2,024,137$7,140,859
72$11,497,309$3,141,027$2,040,761$7,727,598
73$12,617,238$3,242,141$2,056,330$8,369,871
74$13,849,737$3,346,546$2,070,757$9,073,210
75$15,206,235$3,454,351$2,083,952$9,843,708
76$16,699,326$3,565,670$2,095,820$10,688,075
77$18,342,887$3,680,618$2,106,260$11,613,702
78$20,152,209$3,799,315$2,115,167$12,628,728
79$22,144,140$3,921,887$2,122,430$13,742,118
80$24,337,244$4,048,461$2,127,934$14,963,748
81$26,751,978$4,179,171$2,131,555$16,304,495
82$29,410,884$4,314,155$2,133,166$17,776,342
83$32,338,800$4,453,554$2,132,633$19,392,487
84$35,563,095$4,597,516$2,129,814$21,167,469
85$39,113,929$4,746,193$2,124,561$23,117,307
86$43,024,536$4,899,742$2,116,719$25,259,646
87$47,331,535$5,058,326$2,106,126$27,613,926
88$52,075,281$5,222,113$2,092,611$30,201,562
89$57,300,241$5,391,278$2,075,994$33,046,150
90$63,055,415$5,566,000$2,056,089$36,173,683
91$69,394,798$5,746,465$2,032,700$39,612,802
92$76,377,893$5,932,867$2,005,621$43,395,061
93$84,070,266$6,125,405$1,974,636$47,555,225
94$92,544,167$6,324,285$1,939,521$52,131,597
95$101,879,217$6,529,720$1,900,040$57,166,382
96$112,163,152$6,741,930$1,855,946$62,706,080
97$123,492,654$6,961,146$1,806,981$68,801,926
98$135,974,265$7,187,602$1,752,875$75,510,375
99$149,725,388$7,421,543$1,693,344$82,893,629
100$164,875,402$7,663,222$1,628,095$91,020,228