Can I retire at age 50 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$142,862$141,589$140,348$139,136$137,953$136,398
2 years$70,724$69,406$68,130$66,892$65,692$64,127
3 years$46,681$45,358$44,085$42,859$41,678$40,151
4 years$34,662$33,343$32,082$30,877$29,725$28,248
5 years$27,452$26,141$24,897$23,717$22,596$21,174
6 years$22,647$21,346$20,121$18,966$17,880$16,513
7 years$19,217$17,927$16,720$15,593$14,541$13,231
8 years$16,645$15,366$14,180$13,081$12,063$10,810
9 years$14,646$13,379$12,213$11,142$10,159$8,961
10 years$13,047$11,793$10,648$9,604$8,656$7,514
11 years$11,740$10,499$9,374$8,359$7,444$6,356
12 years$10,652$9,423$8,319$7,332$6,451$5,416
13 years$9,732$8,516$7,433$6,473$5,626$4,642
14 years$8,943$7,741$6,678$5,746$4,931$3,998
15 years$8,261$7,071$6,030$5,124$4,342$3,458
16 years$7,665$6,488$5,467$4,588$3,837$3,001
17 years$7,139$5,975$4,975$4,123$3,402$2,612
18 years$6,672$5,521$4,541$3,715$3,025$2,279
19 years$6,255$5,117$4,157$3,357$2,697$1,992
20 years$5,880$4,755$3,815$3,040$2,409$1,745
21 years$5,541$4,429$3,509$2,759$2,155$1,531
22 years$5,233$4,134$3,234$2,509$1,932$1,345
23 years$4,953$3,867$2,986$2,285$1,734$1,183
24 years$4,696$3,623$2,762$2,084$1,559$1,042
25 years$4,460$3,400$2,558$1,903$1,403$918
26 years$4,243$3,195$2,372$1,740$1,264$810
27 years$4,042$3,007$2,203$1,593$1,139$715
28 years$3,856$2,834$2,048$1,459$1,028$631
29 years$3,683$2,673$1,906$1,338$928$558
30 years$3,522$2,525$1,775$1,228$839$493
31 years$3,371$2,387$1,655$1,128$758$436
32 years$3,230$2,258$1,544$1,037$686$386
33 years$3,098$2,139$1,442$953$621$342
34 years$2,974$2,027$1,347$877$562$302
35 years$2,858$1,922$1,259$807$509$268
36 years$2,748$1,825$1,178$744$461$237
37 years$2,644$1,733$1,103$685$418$210
38 years$2,546$1,647$1,033$632$379$186
39 years$2,453$1,566$968$582$344$165
40 years$2,365$1,490$907$537$312$146
41 years$2,282$1,418$850$496$283$130
42 years$2,203$1,351$798$457$257$115
43 years$2,127$1,287$748$422$233$102
44 years$2,055$1,227$703$390$211$90
45 years$1,987$1,170$660$360$192$80
46 years$1,922$1,116$620$333$174$71
47 years$1,860$1,065$582$307$158$63
48 years$1,800$1,017$547$284$144$56
49 years$1,743$971$514$262$130$50
50 years$1,689$927$483$242$119$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,730,000, adding $6,359 every year, while hoping to spend $27,472 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: 64/29/7 Blend
49$1,730,000$1,730,000$1,730,000$1,730,000
50$1,913,019$1,821,329$1,794,514$2,032,568
51$2,078,917$1,881,344$1,825,401$2,172,993
52$2,260,816$1,943,380$1,856,401$2,322,473
53$2,460,319$2,007,505$1,887,490$2,485,012
54$2,679,191$2,073,792$1,918,640$2,661,878
55$2,919,378$2,142,317$1,949,824$2,854,461
56$3,183,022$2,213,158$1,981,010$3,064,296
57$3,472,482$2,286,394$2,012,166$3,293,067
58$3,790,357$2,362,110$2,043,256$3,542,632
59$4,139,513$2,440,393$2,074,244$3,815,034
60$4,523,102$2,521,331$2,105,090$4,112,522
61$4,944,599$2,605,017$2,135,752$4,437,572
62$5,407,834$2,691,549$2,166,185$4,792,911
63$5,917,024$2,781,026$2,196,344$5,181,540
64$6,476,816$2,873,551$2,226,176$5,606,764
65$7,092,328$2,969,232$2,255,630$6,072,223
66$7,769,201$3,068,180$2,284,649$6,581,925
67$8,513,649$3,170,510$2,313,174$7,140,283
68$9,332,519$3,276,342$2,341,143$7,752,158
69$10,233,353$3,385,800$2,368,488$8,422,902
70$11,224,463$3,499,013$2,395,141$9,158,412
71$12,315,006$3,616,113$2,421,026$9,965,182
72$13,515,073$3,737,238$2,446,067$10,850,365
73$14,835,781$3,862,533$2,470,180$11,821,838
74$16,289,379$3,992,146$2,493,280$12,888,282
75$17,889,365$4,126,230$2,515,274$14,059,255
76$19,650,611$4,264,947$2,536,067$15,345,288
77$21,589,506$4,408,462$2,555,557$16,757,984
78$23,724,105$4,556,946$2,573,638$18,310,122
79$26,074,307$4,710,579$2,590,198$20,015,780
80$28,662,034$4,869,546$2,605,118$21,890,471
81$31,511,447$5,034,038$2,618,274$23,951,282
82$34,649,165$5,204,257$2,629,537$26,217,040
83$38,104,522$5,380,408$2,638,769$28,708,486
84$41,909,841$5,562,706$2,645,826$31,448,473
85$46,100,741$5,751,374$2,650,557$34,462,177
86$50,716,470$5,946,645$2,652,804$37,777,340
87$55,800,277$6,148,757$2,652,399$41,424,526
88$61,399,819$6,357,961$2,649,169$45,437,410
89$67,567,615$6,574,515$2,642,931$49,853,097
90$74,361,534$6,798,688$2,633,491$54,712,469
91$81,845,346$7,030,760$2,620,648$60,060,574
92$90,089,323$7,271,019$2,604,192$65,947,046
93$99,170,902$7,519,767$2,583,901$72,426,575
94$109,175,416$7,777,317$2,559,543$79,559,422
95$120,196,895$8,043,993$2,530,874$87,411,988
96$132,338,961$8,320,131$2,497,642$96,057,440
97$145,715,801$8,606,083$2,459,578$105,576,397
98$160,453,244$8,902,212$2,416,405$116,057,697
99$176,689,950$9,208,896$2,367,830$127,599,227
100$194,578,720$9,526,528$2,313,548$140,308,852