Can I retire at age 50 with 1,530,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$126,346$125,221$124,123$123,051$122,004$121,033
2 years$62,548$61,383$60,254$59,159$58,097$57,118
3 years$41,284$40,114$38,988$37,904$36,859$35,902
4 years$30,655$29,488$28,373$27,308$26,288$25,361
5 years$24,278$23,119$22,019$20,975$19,984$19,090
6 years$20,029$18,878$17,795$16,774$15,813$14,952
7 years$16,995$15,854$14,787$13,791$12,860$12,033
8 years$14,721$13,590$12,541$11,569$10,669$9,876
9 years$12,952$11,832$10,801$9,854$8,984$8,226
10 years$11,539$10,430$9,417$8,494$7,655$6,930
11 years$10,383$9,285$8,291$7,392$6,584$5,892
12 years$9,420$8,334$7,358$6,484$5,705$5,046
13 years$8,606$7,531$6,574$5,725$4,975$4,347
14 years$7,910$6,846$5,906$5,082$4,361$3,764
15 years$7,306$6,254$5,333$4,532$3,840$3,273
16 years$6,778$5,738$4,835$4,058$3,394$2,856
17 years$6,313$5,284$4,399$3,646$3,009$2,499
18 years$5,901$4,883$4,016$3,286$2,676$2,193
19 years$5,532$4,525$3,677$2,969$2,385$1,929
20 years$5,200$4,205$3,374$2,689$2,130$1,699
21 years$4,900$3,917$3,104$2,440$1,906$1,500
22 years$4,628$3,656$2,860$2,219$1,709$1,326
23 years$4,380$3,420$2,641$2,021$1,534$1,173
24 years$4,153$3,204$2,443$1,843$1,379$1,039
25 years$3,945$3,007$2,262$1,683$1,241$922
26 years$3,752$2,826$2,098$1,539$1,117$818
27 years$3,575$2,660$1,948$1,409$1,007$727
28 years$3,410$2,506$1,811$1,291$909$646
29 years$3,257$2,364$1,686$1,184$821$575
30 years$3,114$2,233$1,570$1,086$742$511
31 years$2,981$2,111$1,464$998$671$455
32 years$2,857$1,997$1,366$917$607$405
33 years$2,740$1,891$1,275$843$549$361
34 years$2,630$1,793$1,191$776$497$322
35 years$2,527$1,700$1,114$714$450$287
36 years$2,430$1,614$1,042$658$408$256
37 years$2,338$1,533$975$606$370$228
38 years$2,252$1,457$913$559$335$204
39 years$2,170$1,385$856$515$304$182
40 years$2,092$1,318$802$475$276$162
41 years$2,018$1,254$752$438$250$145
42 years$1,948$1,195$705$404$227$129
43 years$1,881$1,138$662$373$206$115
44 years$1,818$1,085$621$345$187$103
45 years$1,757$1,035$583$318$170$92
46 years$1,700$987$548$294$154$82
47 years$1,645$942$515$272$140$73
48 years$1,592$899$484$251$127$66
49 years$1,542$859$455$232$115$59
50 years$1,494$820$428$214$105$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,530,000, adding $3,066 every year, while hoping to spend $35,845 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: 49/42/9 Blend
49$1,530,000$1,530,000$1,530,000$1,530,000
50$1,689,223$1,608,133$1,584,418$1,767,799
51$1,823,384$1,648,792$1,599,357$1,862,586
52$1,970,030$1,690,243$1,613,595$1,961,447
53$2,130,393$1,732,485$1,627,071$2,067,996
54$2,305,836$1,775,520$1,639,720$2,182,962
55$2,497,855$1,819,344$1,651,475$2,307,147
56$2,708,100$1,863,956$1,662,263$2,441,433
57$2,938,387$1,909,350$1,672,010$2,586,794
58$3,190,716$1,955,522$1,680,636$2,744,298
59$3,467,290$2,002,464$1,688,058$2,915,124
60$3,770,535$2,050,166$1,694,190$3,100,570
61$4,103,123$2,098,618$1,698,938$3,302,067
62$4,467,997$2,147,805$1,702,208$3,521,187
63$4,868,398$2,197,713$1,703,897$3,759,665
64$5,307,896$2,248,323$1,703,900$4,019,412
65$5,790,426$2,299,615$1,702,105$4,302,532
66$6,320,319$2,351,566$1,698,395$4,611,343
67$6,902,349$2,404,149$1,692,648$4,948,401
68$7,541,772$2,457,336$1,684,735$5,316,519
69$8,244,380$2,511,093$1,674,522$5,718,798
70$9,016,556$2,565,385$1,661,867$6,158,654
71$9,865,327$2,620,172$1,646,622$6,639,853
72$10,798,439$2,675,409$1,628,633$7,166,542
73$11,824,425$2,731,049$1,607,736$7,743,294
74$12,952,684$2,787,038$1,583,763$8,375,144
75$14,193,574$2,843,319$1,556,536$9,067,643
76$15,558,505$2,899,829$1,525,867$9,826,910
77$17,060,051$2,956,499$1,491,562$10,659,683
78$18,712,064$3,013,255$1,453,417$11,573,393
79$20,529,807$3,070,017$1,411,218$12,576,225
80$22,530,097$3,126,697$1,364,743$13,677,201
81$24,731,462$3,183,201$1,313,758$14,886,264
82$27,154,322$3,239,428$1,258,019$16,214,372
83$29,821,170$3,295,268$1,197,271$17,673,599
84$32,756,796$3,350,603$1,131,246$19,277,255
85$35,988,513$3,405,306$1,059,666$21,040,006
86$39,546,416$3,459,241$982,240$22,978,018
87$43,463,668$3,512,261$898,663$25,109,103
88$47,776,811$3,564,211$808,617$27,452,896
89$52,526,110$3,614,921$711,769$30,031,035
90$57,755,933$3,664,212$607,774$32,867,365
91$63,515,171$3,711,891$496,267$35,988,170
92$69,857,698$3,757,753$376,871$39,422,413
93$76,842,877$3,801,577$249,191$43,202,017
94$84,536,126$3,843,129$112,813$47,362,165
95$93,009,527$3,882,159$0$51,941,628
96$102,342,512$3,918,398$0$56,986,284
97$112,622,611$3,951,563$0$62,551,849
98$123,946,277$3,981,349$0$68,679,428
99$136,419,796$4,007,434$0$75,426,271
100$150,160,290$4,029,473$0$82,855,470