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%15.9%
1 years$142,862$141,589$140,348$139,136$137,953$134,618
2 years$70,724$69,406$68,130$66,892$65,692$62,352
3 years$46,681$45,358$44,085$42,859$41,678$38,437
4 years$34,662$33,343$32,082$30,877$29,725$26,609
5 years$27,452$26,141$24,897$23,717$22,596$19,613
6 years$22,647$21,346$20,121$18,966$17,880$15,033
7 years$19,217$17,927$16,720$15,593$14,541$11,831
8 years$16,645$15,366$14,180$13,081$12,063$9,488
9 years$14,646$13,379$12,213$11,142$10,159$7,717
10 years$13,047$11,793$10,648$9,604$8,656$6,345
11 years$11,740$10,499$9,374$8,359$7,444$5,260
12 years$10,652$9,423$8,319$7,332$6,451$4,391
13 years$9,732$8,516$7,433$6,473$5,626$3,685
14 years$8,943$7,741$6,678$5,746$4,931$3,106
15 years$8,261$7,071$6,030$5,124$4,342$2,627
16 years$7,665$6,488$5,467$4,588$3,837$2,229
17 years$7,139$5,975$4,975$4,123$3,402$1,896
18 years$6,672$5,521$4,541$3,715$3,025$1,617
19 years$6,255$5,117$4,157$3,357$2,697$1,381
20 years$5,880$4,755$3,815$3,040$2,409$1,181
21 years$5,541$4,429$3,509$2,759$2,155$1,011
22 years$5,233$4,134$3,234$2,509$1,932$867
23 years$4,953$3,867$2,986$2,285$1,734$744
24 years$4,696$3,623$2,762$2,084$1,559$639
25 years$4,460$3,400$2,558$1,903$1,403$549
26 years$4,243$3,195$2,372$1,740$1,264$472
27 years$4,042$3,007$2,203$1,593$1,139$406
28 years$3,856$2,834$2,048$1,459$1,028$349
29 years$3,683$2,673$1,906$1,338$928$301
30 years$3,522$2,525$1,775$1,228$839$259
31 years$3,371$2,387$1,655$1,128$758$223
32 years$3,230$2,258$1,544$1,037$686$192
33 years$3,098$2,139$1,442$953$621$166
34 years$2,974$2,027$1,347$877$562$143
35 years$2,858$1,922$1,259$807$509$123
36 years$2,748$1,825$1,178$744$461$106
37 years$2,644$1,733$1,103$685$418$91
38 years$2,546$1,647$1,033$632$379$79
39 years$2,453$1,566$968$582$344$68
40 years$2,365$1,490$907$537$312$59
41 years$2,282$1,418$850$496$283$51
42 years$2,203$1,351$798$457$257$44
43 years$2,127$1,287$748$422$233$38
44 years$2,055$1,227$703$390$211$32
45 years$1,987$1,170$660$360$192$28
46 years$1,922$1,116$620$333$174$24
47 years$1,860$1,065$582$307$158$21
48 years$1,800$1,017$547$284$144$18
49 years$1,743$971$514$262$130$16
50 years$1,689$927$483$242$119$13

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 $6,517 every year, while hoping to spend $59,951 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: 66/24/10 Blend
49$1,730,000$1,730,000$1,730,000$1,730,000
50$1,913,182$1,821,492$1,794,677$2,035,000
51$2,044,539$1,846,958$1,791,012$2,142,384
52$2,187,286$1,871,662$1,785,214$2,251,992
53$2,342,520$1,895,504$1,777,149$2,370,236
54$2,511,449$1,918,377$1,766,676$2,497,955
55$2,695,405$1,940,165$1,753,648$2,636,070
56$2,895,849$1,960,746$1,737,908$2,785,599
57$3,114,392$1,979,989$1,719,294$2,947,664
58$3,352,807$1,997,755$1,697,637$3,123,502
59$3,613,043$2,013,895$1,672,758$3,314,474
60$3,897,248$2,028,250$1,644,470$3,522,085
61$4,207,785$2,040,653$1,612,578$3,747,991
62$4,547,258$2,050,923$1,576,878$3,994,018
63$4,918,531$2,058,871$1,537,155$4,262,181
64$5,324,758$2,064,293$1,493,187$4,554,699
65$5,769,413$2,066,973$1,444,739$4,874,021
66$6,256,321$2,066,683$1,391,566$5,222,847
67$6,789,695$2,063,179$1,333,412$5,604,151
68$7,374,172$2,056,203$1,270,009$6,021,216
69$8,014,862$2,045,481$1,201,079$6,477,660
70$8,717,390$2,030,722$1,126,328$6,977,471
71$9,487,954$2,011,618$1,045,450$7,525,048
72$10,333,380$1,987,842$958,127$8,125,240
73$11,261,185$1,959,046$864,025$8,783,394
74$12,279,651$1,924,865$762,794$9,505,405
75$13,397,900$1,884,907$654,073$10,297,772
76$14,625,981$1,838,763$537,479$11,167,661
77$15,974,963$1,785,994$412,617$12,122,972
78$17,457,041$1,726,140$279,071$13,172,417
79$19,085,649$1,658,710$136,409$14,325,599
80$20,875,586$1,583,188$0$15,593,105
81$22,843,158$1,499,026$0$16,988,297
82$25,006,327$1,405,646$0$18,537,997
83$27,384,885$1,302,435$0$20,241,875
84$30,000,634$1,188,745$0$22,115,626
85$32,877,599$1,063,894$0$24,176,551
86$36,042,246$927,157$0$26,443,716
87$39,523,738$777,770$0$28,938,141
88$43,354,205$614,927$0$31,682,991
89$47,569,050$437,774$0$34,703,799
90$52,207,280$245,412$0$38,028,711
91$57,311,874$36,889$0$41,688,745
92$62,930,189$0$0$45,718,094
93$69,114,406$0$0$50,204,303
94$75,922,022$0$0$55,153,602
95$83,416,390$0$0$60,602,326
96$91,667,318$0$0$66,601,247
97$100,751,729$0$0$73,206,308
98$110,754,381$0$0$80,479,156
99$121,768,672$0$0$88,487,716
100$133,897,517$0$0$97,306,840