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

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$136,255$135,042$133,858$132,702$131,573$127,515
2 years$67,453$66,197$64,979$63,799$62,654$58,601
3 years$44,522$43,260$42,046$40,877$39,750$35,829
4 years$33,059$31,801$30,599$29,449$28,350$24,591
5 years$26,183$24,932$23,746$22,620$21,551$17,965
6 years$21,600$20,359$19,190$18,089$17,053$13,642
7 years$18,328$17,098$15,947$14,872$13,869$10,633
8 years$15,875$14,656$13,524$12,476$11,505$8,443
9 years$13,968$12,761$11,649$10,627$9,689$6,797
10 years$12,444$11,248$10,156$9,160$8,256$5,529
11 years$11,197$10,013$8,941$7,972$7,100$4,534
12 years$10,159$8,987$7,935$6,993$6,153$3,743
13 years$9,281$8,122$7,089$6,174$5,365$3,105
14 years$8,530$7,383$6,370$5,480$4,703$2,587
15 years$7,879$6,744$5,751$4,887$4,141$2,162
16 years$7,310$6,188$5,214$4,376$3,660$1,813
17 years$6,809$5,699$4,745$3,932$3,245$1,523
18 years$6,363$5,266$4,331$3,543$2,885$1,282
19 years$5,966$4,880$3,965$3,202$2,572$1,081
20 years$5,608$4,535$3,639$2,900$2,297$913
21 years$5,285$4,224$3,347$2,632$2,056$771
22 years$4,991$3,943$3,085$2,393$1,843$652
23 years$4,724$3,688$2,848$2,179$1,654$552
24 years$4,479$3,455$2,634$1,988$1,487$468
25 years$4,254$3,243$2,440$1,815$1,338$397
26 years$4,047$3,048$2,263$1,660$1,205$336
27 years$3,855$2,868$2,101$1,519$1,086$285
28 years$3,677$2,703$1,953$1,392$980$242
29 years$3,512$2,550$1,818$1,276$885$206
30 years$3,359$2,408$1,693$1,171$800$175
31 years$3,215$2,276$1,578$1,076$723$148
32 years$3,081$2,154$1,473$989$654$126
33 years$2,955$2,040$1,375$909$592$107
34 years$2,837$1,933$1,285$837$536$91
35 years$2,725$1,834$1,201$770$485$77
36 years$2,621$1,740$1,124$709$440$66
37 years$2,522$1,653$1,052$653$399$56
38 years$2,428$1,571$985$602$361$47
39 years$2,340$1,494$923$555$328$40
40 years$2,256$1,421$865$512$297$34
41 years$2,176$1,353$811$473$270$29
42 years$2,101$1,288$761$436$245$25
43 years$2,029$1,228$714$403$222$21
44 years$1,960$1,170$670$372$202$18
45 years$1,895$1,116$629$343$183$15
46 years$1,833$1,064$591$317$166$13
47 years$1,774$1,016$555$293$151$11
48 years$1,717$970$522$271$137$9
49 years$1,663$926$490$250$124$8
50 years$1,611$885$461$231$113$7

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 $6,930 every year, while hoping to spend $58,104 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: 68/23/9 Blend
49$1,650,000$1,650,000$1,650,000$1,650,000
50$1,825,448$1,737,998$1,712,423$1,945,928
51$1,949,822$1,761,338$1,707,967$2,050,114
52$2,084,934$1,783,874$1,701,415$2,156,353
53$2,231,819$1,805,505$1,692,634$2,270,992
54$2,391,614$1,826,125$1,681,486$2,394,848
55$2,565,571$1,845,617$1,667,829$2,528,816
56$2,755,067$1,863,860$1,651,509$2,673,884
57$2,961,618$1,880,723$1,632,368$2,831,143
58$3,186,891$1,896,067$1,610,240$3,001,794
59$3,432,722$1,909,742$1,584,952$3,187,160
60$3,701,132$1,921,592$1,556,320$3,388,700
61$3,994,346$1,931,448$1,524,155$3,608,024
62$4,314,812$1,939,132$1,488,257$3,846,906
63$4,665,226$1,944,453$1,448,417$4,107,299
64$5,048,557$1,947,209$1,404,417$4,391,361
65$5,468,074$1,947,186$1,356,029$4,701,467
66$5,927,375$1,944,156$1,303,013$5,040,238
67$6,430,423$1,937,876$1,245,121$5,410,562
68$6,981,585$1,928,090$1,182,090$5,815,624
69$7,585,665$1,914,525$1,113,648$6,258,934
70$8,247,958$1,896,892$1,039,511$6,744,364
71$8,974,294$1,874,884$959,379$7,276,182
72$9,771,095$1,848,177$872,942$7,859,093
73$10,645,436$1,816,426$779,874$8,498,283
74$11,605,106$1,779,266$679,835$9,199,473
75$12,658,688$1,736,312$572,471$9,968,968
76$13,815,636$1,687,153$457,411$10,813,719
77$15,086,364$1,631,357$334,268$11,741,390
78$16,482,346$1,568,466$202,638$12,760,429
79$18,016,218$1,497,993$62,099$13,880,153
80$19,701,904$1,419,427$0$15,110,829
81$21,554,743$1,332,224$0$16,472,219
82$23,591,634$1,235,810$0$17,975,276
83$25,831,194$1,129,578$0$19,627,834
84$28,293,936$1,012,888$0$21,445,112
85$31,002,459$885,060$0$23,443,878
86$33,981,660$745,379$0$25,642,619
87$37,258,975$593,087$0$28,061,710
88$40,864,627$427,386$0$30,723,607
89$44,831,921$247,430$0$33,653,063
90$49,197,551$52,328$0$36,877,360
91$54,001,947$0$0$40,426,568
92$59,289,659$0$0$44,374,036
93$65,109,772$0$0$48,733,655
94$71,516,372$0$0$53,532,709
95$78,569,056$0$0$58,815,856
96$86,333,491$0$0$64,632,303
97$94,882,035$0$0$71,036,269
98$104,294,421$0$0$78,087,502
99$114,658,504$0$0$85,851,835
100$126,071,095$0$0$94,401,810