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%16.6%
1 years$129,649$128,494$127,368$126,268$125,194$121,822
2 years$64,183$62,987$61,829$60,706$59,616$56,243
3 years$42,363$41,163$40,007$38,895$37,823$34,554
4 years$31,456$30,259$29,115$28,021$26,976$23,836
5 years$24,913$23,724$22,595$21,523$20,506$17,505
6 years$20,553$19,372$18,260$17,212$16,226$13,366
7 years$17,439$16,269$15,174$14,151$13,196$10,477
8 years$15,105$13,945$12,869$11,871$10,947$8,368
9 years$13,291$12,142$11,084$10,111$9,219$6,778
10 years$11,840$10,702$9,663$8,716$7,855$5,548
11 years$10,654$9,528$8,507$7,586$6,756$4,579
12 years$9,667$8,552$7,550$6,654$5,854$3,805
13 years$8,831$7,728$6,745$5,874$5,105$3,178
14 years$8,116$7,025$6,061$5,214$4,475$2,666
15 years$7,497$6,417$5,472$4,650$3,940$2,244
16 years$6,956$5,888$4,961$4,164$3,482$1,895
17 years$6,479$5,422$4,515$3,741$3,088$1,604
18 years$6,055$5,010$4,121$3,372$2,746$1,360
19 years$5,676$4,644$3,773$3,047$2,447$1,155
20 years$5,336$4,315$3,462$2,759$2,186$983
21 years$5,028$4,019$3,185$2,504$1,956$837
22 years$4,749$3,752$2,935$2,277$1,753$714
23 years$4,495$3,509$2,710$2,074$1,574$609
24 years$4,262$3,288$2,506$1,891$1,415$520
25 years$4,048$3,085$2,321$1,727$1,273$444
26 years$3,850$2,900$2,153$1,579$1,147$380
27 years$3,668$2,729$1,999$1,446$1,034$325
28 years$3,499$2,572$1,859$1,324$933$278
29 years$3,342$2,426$1,730$1,215$842$238
30 years$3,196$2,291$1,611$1,115$761$204
31 years$3,059$2,166$1,502$1,024$688$175
32 years$2,931$2,049$1,401$941$622$150
33 years$2,812$1,941$1,308$865$563$128
34 years$2,699$1,839$1,223$796$510$110
35 years$2,593$1,745$1,143$733$462$94
36 years$2,494$1,656$1,069$675$419$81
37 years$2,399$1,573$1,001$622$379$69
38 years$2,310$1,495$937$573$344$59
39 years$2,226$1,421$878$528$312$51
40 years$2,146$1,352$823$487$283$44
41 years$2,071$1,287$772$450$257$37
42 years$1,999$1,226$724$415$233$32
43 years$1,930$1,168$679$383$211$27
44 years$1,865$1,113$638$354$192$24
45 years$1,803$1,062$599$327$174$20
46 years$1,744$1,013$562$302$158$17
47 years$1,688$967$528$279$144$15
48 years$1,634$923$496$258$130$13
49 years$1,582$881$467$238$118$11
50 years$1,533$842$439$220$108$9

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 $3,229 every year, while hoping to spend $23,857 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: 54/16/30 Blend
49$1,570,000$1,570,000$1,570,000$1,570,000
50$1,733,471$1,650,261$1,625,926$1,812,409
51$1,884,901$1,705,740$1,655,011$1,922,947
52$2,050,978$1,763,138$1,684,270$2,040,539
53$2,233,169$1,822,524$1,713,685$2,168,106
54$2,433,094$1,883,968$1,743,235$2,306,614
55$2,652,533$1,947,547$1,772,897$2,457,129
56$2,893,450$2,013,335$1,802,647$2,620,826
57$3,158,007$2,081,413$1,832,461$2,798,997
58$3,448,585$2,151,864$1,862,310$2,993,063
59$3,767,809$2,224,773$1,892,166$3,204,594
60$4,118,569$2,300,231$1,921,997$3,435,312
61$4,504,049$2,378,328$1,951,770$3,687,120
62$4,927,758$2,459,163$1,981,450$3,962,110
63$5,393,561$2,542,833$2,011,000$4,262,588
64$5,905,716$2,629,443$2,040,380$4,591,091
65$6,468,913$2,719,101$2,069,547$4,950,417
66$7,088,323$2,811,917$2,098,458$5,343,648
67$7,769,639$2,908,008$2,127,063$5,774,175
68$8,519,136$3,007,494$2,155,313$6,245,738
69$9,343,727$3,110,500$2,183,156$6,762,456
70$10,251,029$3,217,157$2,210,533$7,328,865
71$11,249,434$3,327,598$2,237,386$7,949,963
72$12,348,190$3,441,963$2,263,652$8,631,258
73$13,557,485$3,560,400$2,289,264$9,378,817
74$14,888,547$3,683,057$2,314,153$10,199,324
75$16,353,745$3,810,093$2,338,243$11,100,144
76$17,966,710$3,941,671$2,361,457$12,089,391
77$19,742,461$4,077,959$2,383,713$13,176,007
78$21,697,548$4,219,135$2,404,923$14,369,842
79$23,850,207$4,365,382$2,424,997$15,681,751
80$26,220,531$4,516,889$2,443,838$17,123,693
81$28,830,663$4,673,854$2,461,344$18,708,847
82$31,705,001$4,836,483$2,477,409$20,451,732
83$34,870,430$5,004,990$2,491,922$22,368,350
84$38,356,576$5,179,596$2,504,763$24,476,331
85$42,196,083$5,360,533$2,515,809$26,795,101
86$46,424,925$5,548,041$2,524,930$29,346,067
87$51,082,742$5,742,369$2,531,990$32,152,818
88$56,213,214$5,943,777$2,536,844$35,241,346
89$61,864,474$6,152,536$2,539,341$38,640,295
90$68,089,565$6,368,925$2,539,323$42,381,225
91$74,946,936$6,593,236$2,536,625$46,498,916
92$82,500,993$6,825,775$2,531,072$51,031,694
93$90,822,713$7,066,856$2,522,481$56,021,790
94$99,990,306$7,316,809$2,510,661$61,515,744
95$110,089,960$7,575,975$2,495,411$67,564,837
96$121,216,648$7,844,711$2,476,520$74,225,583
97$133,475,031$8,123,386$2,453,768$81,560,255
98$146,980,439$8,412,386$2,426,923$89,637,479
99$161,859,963$8,712,113$2,395,745$98,532,876
100$178,253,655$9,022,982$2,359,979$108,329,780