Can I retire at age 50 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$140,384$139,134$137,914$136,723$135,560$131,326
2 years$69,497$68,203$66,949$65,732$64,553$60,324
3 years$45,871$44,571$43,320$42,115$40,955$36,865
4 years$34,061$32,765$31,526$30,342$29,209$25,290
5 years$26,976$25,688$24,465$23,305$22,204$18,465
6 years$22,255$20,976$19,772$18,637$17,570$14,014
7 years$18,883$17,616$16,430$15,323$14,289$10,917
8 years$16,356$15,100$13,934$12,854$11,854$8,663
9 years$14,392$13,147$12,002$10,949$9,983$6,970
10 years$12,821$11,589$10,463$9,438$8,506$5,666
11 years$11,537$10,317$9,212$8,214$7,315$4,644
12 years$10,467$9,260$8,175$7,205$6,339$3,830
13 years$9,563$8,368$7,304$6,361$5,528$3,176
14 years$8,788$7,606$6,563$5,646$4,846$2,644
15 years$8,118$6,949$5,925$5,035$4,267$2,208
16 years$7,532$6,375$5,372$4,509$3,771$1,850
17 years$7,015$5,871$4,888$4,051$3,343$1,553
18 years$6,556$5,425$4,462$3,651$2,973$1,306
19 years$6,146$5,028$4,085$3,299$2,650$1,101
20 years$5,778$4,672$3,749$2,988$2,367$929
21 years$5,445$4,352$3,448$2,712$2,118$784
22 years$5,142$4,063$3,178$2,465$1,899$663
23 years$4,867$3,800$2,935$2,245$1,704$561
24 years$4,615$3,560$2,714$2,048$1,532$475
25 years$4,383$3,341$2,514$1,870$1,378$402
26 years$4,169$3,140$2,331$1,710$1,242$341
27 years$3,972$2,955$2,165$1,565$1,119$289
28 years$3,789$2,784$2,013$1,434$1,010$245
29 years$3,619$2,627$1,873$1,315$912$208
30 years$3,460$2,481$1,744$1,207$824$176
31 years$3,313$2,345$1,626$1,108$745$150
32 years$3,174$2,219$1,517$1,019$674$127
33 years$3,044$2,101$1,417$937$610$108
34 years$2,923$1,992$1,324$862$552$92
35 years$2,808$1,889$1,238$793$500$78
36 years$2,700$1,793$1,158$731$453$66
37 years$2,598$1,703$1,084$673$411$56
38 years$2,502$1,618$1,015$621$372$48
39 years$2,411$1,539$951$572$338$40
40 years$2,324$1,464$891$528$306$34
41 years$2,242$1,394$836$487$278$29
42 years$2,164$1,327$784$449$252$25
43 years$2,090$1,265$736$415$229$21
44 years$2,020$1,206$690$383$208$18
45 years$1,953$1,150$648$354$189$15
46 years$1,889$1,097$609$327$171$13
47 years$1,828$1,047$572$302$155$11
48 years$1,769$999$538$279$141$9
49 years$1,713$954$505$258$128$8
50 years$1,660$911$475$238$116$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,700,000, adding $2,425 every year, while hoping to spend $56,207 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: 53/39/8 Blend
49$1,700,000$1,700,000$1,700,000$1,700,000
50$1,875,901$1,785,801$1,759,451$1,971,510
51$2,007,440$1,813,502$1,758,589$2,064,323
52$2,150,511$1,840,676$1,755,814$2,158,916
53$2,306,232$1,867,238$1,751,003$2,260,483
54$2,475,833$1,893,098$1,744,027$2,369,694
55$2,660,665$1,918,157$1,734,749$2,487,289
56$2,862,217$1,942,311$1,723,028$2,614,082
57$3,082,128$1,965,449$1,708,714$2,750,973
58$3,322,201$1,987,452$1,691,652$2,898,953
59$3,584,421$2,008,192$1,671,677$3,059,116
60$3,870,973$2,027,535$1,648,619$3,232,670
61$4,184,262$2,045,334$1,622,299$3,420,944
62$4,526,939$2,061,438$1,592,527$3,625,409
63$4,901,919$2,075,680$1,559,109$3,847,685
64$5,312,413$2,087,887$1,521,838$4,089,558
65$5,761,959$2,097,873$1,480,499$4,353,001
66$6,254,450$2,105,440$1,434,867$4,640,189
67$6,794,176$2,110,378$1,384,707$4,953,521
68$7,385,859$2,112,465$1,329,772$5,295,646
69$8,034,703$2,111,461$1,269,805$5,669,483
70$8,746,436$2,107,116$1,204,537$6,078,254
71$9,527,370$2,099,163$1,133,687$6,525,512
72$10,384,457$2,087,317$1,056,961$7,015,178
73$11,325,353$2,071,277$974,051$7,551,575
74$12,358,494$2,050,724$884,636$8,139,472
75$13,493,170$2,025,320$788,381$8,784,132
76$14,739,618$1,994,705$684,937$9,491,355
77$16,109,114$1,958,500$573,937$10,267,544
78$17,614,078$1,916,302$454,998$11,119,756
79$19,268,197$1,867,683$327,724$12,055,777
80$21,086,547$1,812,193$191,696$13,084,195
81$23,085,737$1,749,353$46,480$14,214,478
82$25,284,068$1,678,658$0$15,457,072
83$27,701,703$1,599,571$0$16,832,755
84$30,360,853$1,511,527$0$18,349,804
85$33,285,995$1,413,927$0$20,018,297
86$36,504,093$1,306,136$0$21,853,725
87$40,044,860$1,187,486$0$23,873,166
88$43,941,032$1,057,269$0$26,095,452
89$48,228,678$914,736$0$28,541,342
90$52,947,543$759,098$0$31,233,727
91$58,141,417$589,518$0$34,197,842
92$63,858,553$405,116$0$37,461,507
93$70,152,119$204,960$0$41,055,395
94$77,080,698$0$0$45,013,320
95$84,708,843$0$0$49,377,681
96$93,107,685$0$0$54,280,042
97$102,355,604$0$0$59,678,218
98$112,538,964$0$0$65,622,648
99$123,752,935$0$0$72,168,913
100$136,102,383$0$0$79,378,260