Can I retire at age 50 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$129,649$128,494$127,368$126,268$125,194$124,457
2 years$64,183$62,987$61,829$60,706$59,616$58,873
3 years$42,363$41,163$40,007$38,895$37,823$37,096
4 years$31,456$30,259$29,115$28,021$26,976$26,271
5 years$24,913$23,724$22,595$21,523$20,506$19,826
6 years$20,553$19,372$18,260$17,212$16,226$15,570
7 years$17,439$16,269$15,174$14,151$13,196$12,566
8 years$15,105$13,945$12,869$11,871$10,947$10,343
9 years$13,291$12,142$11,084$10,111$9,219$8,640
10 years$11,840$10,702$9,663$8,716$7,855$7,301
11 years$10,654$9,528$8,507$7,586$6,756$6,226
12 years$9,667$8,552$7,550$6,654$5,854$5,348
13 years$8,831$7,728$6,745$5,874$5,105$4,623
14 years$8,116$7,025$6,061$5,214$4,475$4,016
15 years$7,497$6,417$5,472$4,650$3,940$3,503
16 years$6,956$5,888$4,961$4,164$3,482$3,067
17 years$6,479$5,422$4,515$3,741$3,088$2,694
18 years$6,055$5,010$4,121$3,372$2,746$2,372
19 years$5,676$4,644$3,773$3,047$2,447$2,094
20 years$5,336$4,315$3,462$2,759$2,186$1,851
21 years$5,028$4,019$3,185$2,504$1,956$1,640
22 years$4,749$3,752$2,935$2,277$1,753$1,455
23 years$4,495$3,509$2,710$2,074$1,574$1,292
24 years$4,262$3,288$2,506$1,891$1,415$1,150
25 years$4,048$3,085$2,321$1,727$1,273$1,023
26 years$3,850$2,900$2,153$1,579$1,147$912
27 years$3,668$2,729$1,999$1,446$1,034$813
28 years$3,499$2,572$1,859$1,324$933$726
29 years$3,342$2,426$1,730$1,215$842$648
30 years$3,196$2,291$1,611$1,115$761$579
31 years$3,059$2,166$1,502$1,024$688$518
32 years$2,931$2,049$1,401$941$622$463
33 years$2,812$1,941$1,308$865$563$414
34 years$2,699$1,839$1,223$796$510$371
35 years$2,593$1,745$1,143$733$462$332
36 years$2,494$1,656$1,069$675$419$297
37 years$2,399$1,573$1,001$622$379$266
38 years$2,310$1,495$937$573$344$239
39 years$2,226$1,421$878$528$312$214
40 years$2,146$1,352$823$487$283$192
41 years$2,071$1,287$772$450$257$172
42 years$1,999$1,226$724$415$233$154
43 years$1,930$1,168$679$383$211$138
44 years$1,865$1,113$638$354$192$124
45 years$1,803$1,062$599$327$174$111
46 years$1,744$1,013$562$302$158$100
47 years$1,688$967$528$279$144$89
48 years$1,634$923$496$258$130$80
49 years$1,582$881$467$238$118$72
50 years$1,533$842$439$220$108$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,570,000, adding $5,840 every year, while hoping to spend $33,521 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: 37/47/16 Blend
49$1,570,000$1,570,000$1,570,000$1,570,000
50$1,736,164$1,652,954$1,628,619$1,791,769
51$1,877,587$1,698,283$1,647,512$1,877,663
52$2,032,311$1,744,709$1,665,914$1,966,757
53$2,201,658$1,792,251$1,683,773$2,062,276
54$2,387,083$1,840,928$1,701,036$2,164,814
55$2,590,189$1,890,756$1,717,644$2,275,023
56$2,812,740$1,941,755$1,733,536$2,393,622
57$3,056,679$1,993,940$1,748,649$2,521,400
58$3,324,146$2,047,329$1,762,915$2,659,228
59$3,617,499$2,101,938$1,776,263$2,808,063
60$3,939,334$2,157,784$1,788,618$2,968,960
61$4,292,511$2,214,880$1,799,902$3,143,079
62$4,680,181$2,273,243$1,810,031$3,331,698
63$5,105,812$2,332,884$1,818,920$3,536,224
64$5,573,228$2,393,819$1,826,477$3,758,208
65$6,086,638$2,456,057$1,832,606$3,999,356
66$6,650,682$2,519,611$1,837,205$4,261,549
67$7,270,470$2,584,490$1,840,169$4,546,857
68$7,951,631$2,650,703$1,841,388$4,857,562
69$8,700,367$2,718,257$1,840,744$5,196,177
70$9,523,510$2,787,157$1,838,115$5,565,471
71$10,428,589$2,857,409$1,833,372$5,968,493
72$11,423,896$2,929,013$1,826,382$6,408,605
73$12,518,571$3,001,972$1,817,002$6,889,510
74$13,722,679$3,076,282$1,805,086$7,415,287
75$15,047,313$3,151,941$1,790,477$7,990,432
76$16,504,696$3,228,943$1,773,015$8,619,897
77$18,108,291$3,307,278$1,752,528$9,309,142
78$19,872,937$3,386,935$1,728,838$10,064,182
79$21,814,982$3,467,900$1,701,759$10,891,643
80$23,952,438$3,550,154$1,671,095$11,798,830
81$26,305,152$3,633,678$1,636,643$12,793,790
82$28,894,995$3,718,445$1,598,187$13,885,395
83$31,746,063$3,804,428$1,555,505$15,083,418
84$34,884,909$3,891,592$1,508,363$16,398,631
85$38,340,791$3,979,902$1,456,514$17,842,905
86$42,145,949$4,069,313$1,399,704$19,429,321
87$46,335,905$4,159,780$1,337,664$21,172,298
88$50,949,806$4,251,248$1,270,114$23,087,723
89$56,030,786$4,343,658$1,196,762$25,193,107
90$61,626,374$4,436,946$1,117,302$27,507,748
91$67,788,947$4,531,038$1,031,414$30,052,913
92$74,576,218$4,625,857$938,765$32,852,039
93$82,051,783$4,721,315$839,004$35,930,959
94$90,285,723$4,817,318$731,769$39,318,138
95$99,355,261$4,913,761$616,678$43,044,952
96$109,345,495$5,010,533$493,334$47,145,976
97$120,350,197$5,107,510$361,322$51,659,316
98$132,472,699$5,204,560$220,208$56,626,969
99$145,826,870$5,301,539$69,541$62,095,217
100$160,538,188$5,398,292$0$68,115,069