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%15.8%
1 years$142,862$141,589$140,348$139,136$137,953$134,672
2 years$70,724$69,406$68,130$66,892$65,692$62,406
3 years$46,681$45,358$44,085$42,859$41,678$38,489
4 years$34,662$33,343$32,082$30,877$29,725$26,658
5 years$27,452$26,141$24,897$23,717$22,596$19,660
6 years$22,647$21,346$20,121$18,966$17,880$15,077
7 years$19,217$17,927$16,720$15,593$14,541$11,872
8 years$16,645$15,366$14,180$13,081$12,063$9,527
9 years$14,646$13,379$12,213$11,142$10,159$7,753
10 years$13,047$11,793$10,648$9,604$8,656$6,378
11 years$11,740$10,499$9,374$8,359$7,444$5,292
12 years$10,652$9,423$8,319$7,332$6,451$4,420
13 years$9,732$8,516$7,433$6,473$5,626$3,712
14 years$8,943$7,741$6,678$5,746$4,931$3,131
15 years$8,261$7,071$6,030$5,124$4,342$2,650
16 years$7,665$6,488$5,467$4,588$3,837$2,250
17 years$7,139$5,975$4,975$4,123$3,402$1,916
18 years$6,672$5,521$4,541$3,715$3,025$1,634
19 years$6,255$5,117$4,157$3,357$2,697$1,397
20 years$5,880$4,755$3,815$3,040$2,409$1,195
21 years$5,541$4,429$3,509$2,759$2,155$1,024
22 years$5,233$4,134$3,234$2,509$1,932$879
23 years$4,953$3,867$2,986$2,285$1,734$755
24 years$4,696$3,623$2,762$2,084$1,559$649
25 years$4,460$3,400$2,558$1,903$1,403$558
26 years$4,243$3,195$2,372$1,740$1,264$480
27 years$4,042$3,007$2,203$1,593$1,139$413
28 years$3,856$2,834$2,048$1,459$1,028$356
29 years$3,683$2,673$1,906$1,338$928$307
30 years$3,522$2,525$1,775$1,228$839$264
31 years$3,371$2,387$1,655$1,128$758$228
32 years$3,230$2,258$1,544$1,037$686$196
33 years$3,098$2,139$1,442$953$621$169
34 years$2,974$2,027$1,347$877$562$146
35 years$2,858$1,922$1,259$807$509$126
36 years$2,748$1,825$1,178$744$461$109
37 years$2,644$1,733$1,103$685$418$94
38 years$2,546$1,647$1,033$632$379$81
39 years$2,453$1,566$968$582$344$70
40 years$2,365$1,490$907$537$312$60
41 years$2,282$1,418$850$496$283$52
42 years$2,203$1,351$798$457$257$45
43 years$2,127$1,287$748$422$233$39
44 years$2,055$1,227$703$390$211$34
45 years$1,987$1,170$660$360$192$29
46 years$1,922$1,116$620$333$174$25
47 years$1,860$1,065$582$307$158$22
48 years$1,800$1,017$547$284$144$19
49 years$1,743$971$514$262$130$16
50 years$1,689$927$483$242$119$14

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 $2,106 every year, while hoping to spend $52,243 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: 70/10/20 Blend
49$1,730,000$1,730,000$1,730,000$1,730,000
50$1,908,632$1,816,942$1,790,127$2,032,755
51$2,047,727$1,850,386$1,794,510$2,149,261
52$2,199,258$1,883,718$1,797,289$2,270,368
53$2,364,439$1,916,877$1,798,355$2,401,637
54$2,544,605$1,949,798$1,797,594$2,544,069
55$2,741,227$1,982,410$1,794,886$2,698,763
56$2,955,922$2,014,638$1,790,104$2,866,936
57$3,190,471$2,046,400$1,783,118$3,049,925
58$3,446,835$2,077,610$1,773,788$3,249,204
59$3,727,173$2,108,174$1,761,971$3,466,401
60$4,033,861$2,137,991$1,747,513$3,703,306
61$4,369,517$2,166,954$1,730,257$3,961,894
62$4,737,022$2,194,949$1,710,034$4,244,342
63$5,139,550$2,221,853$1,686,672$4,553,050
64$5,580,594$2,247,534$1,659,986$4,890,661
65$6,064,005$2,271,854$1,629,786$5,260,090
66$6,594,021$2,294,662$1,595,872$5,664,551
67$7,175,311$2,315,800$1,558,032$6,107,585
68$7,813,016$2,335,097$1,516,050$6,593,096
69$8,512,800$2,352,374$1,469,694$7,125,387
70$9,280,903$2,367,437$1,418,726$7,709,200
71$10,124,195$2,380,082$1,362,893$8,349,763
72$11,050,247$2,390,090$1,301,935$9,052,840
73$12,067,399$2,397,230$1,235,576$9,824,782
74$13,184,835$2,401,257$1,163,529$10,672,591
75$14,412,677$2,401,907$1,085,496$11,603,983
76$15,762,073$2,398,903$1,001,163$12,627,466
77$17,245,305$2,391,950$910,203$13,752,416
78$18,875,905$2,380,735$812,274$14,989,168
79$20,668,781$2,364,925$707,019$16,349,114
80$22,640,358$2,344,167$594,065$17,844,810
81$24,808,732$2,318,088$473,023$19,490,095
82$27,193,839$2,286,292$343,487$21,300,225
83$29,817,649$2,248,358$205,031$23,292,014
84$32,704,363$2,203,841$57,214$25,483,993
85$35,880,649$2,152,271$0$27,896,591
86$39,375,891$2,093,147$0$30,573,774
87$43,222,462$2,025,942$0$33,533,328
88$47,456,037$1,950,096$0$36,790,490
89$52,115,919$1,865,018$0$40,375,516
90$57,245,420$1,770,081$0$44,321,750
91$62,892,260$1,664,622$0$48,665,934
92$69,109,025$1,547,943$0$53,448,558
93$75,953,654$1,419,301$0$58,714,238
94$83,489,994$1,277,914$0$64,512,142
95$91,788,397$1,122,955$0$70,896,453
96$100,926,383$953,549$0$77,926,877
97$110,989,374$768,773$0$85,669,210
98$122,071,497$567,650$0$94,195,961
99$134,276,476$349,151$0$103,587,030
100$147,718,603$112,186$0$113,930,470