Can I retire at age 50 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$136,255$135,042$133,858$132,702$131,573$127,720
2 years$67,453$66,197$64,979$63,799$62,654$58,803
3 years$44,522$43,260$42,046$40,877$39,750$36,022
4 years$33,059$31,801$30,599$29,449$28,350$24,774
5 years$26,183$24,932$23,746$22,620$21,551$18,136
6 years$21,600$20,359$19,190$18,089$17,053$13,802
7 years$18,328$17,098$15,947$14,872$13,869$10,783
8 years$15,875$14,656$13,524$12,476$11,505$8,582
9 years$13,968$12,761$11,649$10,627$9,689$6,925
10 years$12,444$11,248$10,156$9,160$8,256$5,648
11 years$11,197$10,013$8,941$7,972$7,100$4,644
12 years$10,159$8,987$7,935$6,993$6,153$3,843
13 years$9,281$8,122$7,089$6,174$5,365$3,197
14 years$8,530$7,383$6,370$5,480$4,703$2,671
15 years$7,879$6,744$5,751$4,887$4,141$2,239
16 years$7,310$6,188$5,214$4,376$3,660$1,882
17 years$6,809$5,699$4,745$3,932$3,245$1,586
18 years$6,363$5,266$4,331$3,543$2,885$1,339
19 years$5,966$4,880$3,965$3,202$2,572$1,132
20 years$5,608$4,535$3,639$2,900$2,297$959
21 years$5,285$4,224$3,347$2,632$2,056$813
22 years$4,991$3,943$3,085$2,393$1,843$690
23 years$4,724$3,688$2,848$2,179$1,654$586
24 years$4,479$3,455$2,634$1,988$1,487$498
25 years$4,254$3,243$2,440$1,815$1,338$424
26 years$4,047$3,048$2,263$1,660$1,205$360
27 years$3,855$2,868$2,101$1,519$1,086$307
28 years$3,677$2,703$1,953$1,392$980$261
29 years$3,512$2,550$1,818$1,276$885$222
30 years$3,359$2,408$1,693$1,171$800$190
31 years$3,215$2,276$1,578$1,076$723$162
32 years$3,081$2,154$1,473$989$654$138
33 years$2,955$2,040$1,375$909$592$117
34 years$2,837$1,933$1,285$837$536$100
35 years$2,725$1,834$1,201$770$485$85
36 years$2,621$1,740$1,124$709$440$73
37 years$2,522$1,653$1,052$653$399$62
38 years$2,428$1,571$985$602$361$53
39 years$2,340$1,494$923$555$328$45
40 years$2,256$1,421$865$512$297$38
41 years$2,176$1,353$811$473$270$33
42 years$2,101$1,288$761$436$245$28
43 years$2,029$1,228$714$403$222$24
44 years$1,960$1,170$670$372$202$20
45 years$1,895$1,116$629$343$183$17
46 years$1,833$1,064$591$317$166$15
47 years$1,774$1,016$555$293$151$13
48 years$1,717$970$522$271$137$11
49 years$1,663$926$490$250$124$9
50 years$1,611$885$461$231$113$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,650,000, adding $4,669 every year, while hoping to spend $51,706 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: 51/27/22 Blend
49$1,650,000$1,650,000$1,650,000$1,650,000
50$1,823,116$1,735,666$1,710,091$1,904,694
51$1,954,059$1,765,699$1,712,364$1,991,655
52$2,096,625$1,795,470$1,712,981$2,080,478
53$2,251,946$1,824,913$1,711,830$2,175,978
54$2,421,265$1,853,955$1,708,798$2,278,809
55$2,605,953$1,882,517$1,703,761$2,389,690
56$2,807,517$1,910,518$1,696,594$2,509,417
57$3,027,618$1,937,867$1,687,163$2,638,866
58$3,268,081$1,964,468$1,675,329$2,779,006
59$3,530,918$1,990,220$1,660,946$2,930,906
60$3,818,343$2,015,012$1,643,859$3,095,743
61$4,132,795$2,038,729$1,623,910$3,274,819
62$4,476,958$2,061,244$1,600,928$3,469,569
63$4,853,788$2,082,426$1,574,740$3,681,576
64$5,266,540$2,102,131$1,545,159$3,912,589
65$5,718,800$2,120,207$1,511,995$4,164,536
66$6,214,515$2,136,495$1,475,044$4,439,543
67$6,758,033$2,150,821$1,434,095$4,739,959
68$7,354,143$2,163,002$1,388,929$5,068,372
69$8,008,121$2,172,845$1,339,313$5,427,641
70$8,725,776$2,180,141$1,285,007$5,820,916
71$9,513,508$2,184,670$1,225,757$6,251,675
72$10,378,366$2,186,200$1,161,301$6,723,755
73$11,328,116$2,184,480$1,091,361$7,241,385
74$12,371,312$2,179,247$1,015,649$7,809,234
75$13,517,377$2,170,222$933,865$8,432,451
76$14,776,693$2,157,106$845,693$9,116,714
77$16,160,696$2,139,585$750,804$9,868,288
78$17,681,986$2,117,323$648,855$10,694,080
79$19,354,444$2,089,968$539,487$11,601,710
80$21,193,363$2,057,142$422,325$12,599,583
81$23,215,592$2,018,447$296,979$13,696,966
82$25,439,694$1,973,463$163,040$14,904,080
83$27,886,122$1,921,742$20,081$16,232,197
84$30,577,411$1,862,811$0$17,693,747
85$33,538,388$1,796,170$0$19,333,536
86$36,796,410$1,721,290$0$21,142,632
87$40,381,620$1,637,609$0$23,133,096
88$44,327,228$1,544,534$0$25,323,427
89$48,669,829$1,441,440$0$27,734,011
90$53,449,744$1,327,663$0$30,387,322
91$58,711,401$1,202,502$0$33,308,130
92$64,503,756$1,065,216$0$36,523,739
93$70,880,750$915,022$0$40,064,241
94$77,901,822$751,094$0$43,962,808
95$85,632,467$572,557$0$48,256,000
96$94,144,855$378,489$0$52,984,117
97$103,518,510$167,914$0$58,191,575
98$113,841,060$0$0$63,927,330
99$125,209,065$0$0$70,263,227
100$137,728,928$0$0$77,296,277