Can I retire at age 50 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$145,339$144,045$142,781$141,549$140,345$138,821
2 years$71,950$70,610$69,311$68,052$66,831$65,297
3 years$47,490$46,144$44,849$43,602$42,400$40,904
4 years$35,263$33,921$32,639$31,413$30,240$28,792
5 years$27,928$26,595$25,329$24,128$22,988$21,593
6 years$23,040$21,716$20,470$19,295$18,190$16,849
7 years$19,550$18,237$17,010$15,864$14,793$13,508
8 years$16,933$15,633$14,426$13,308$12,272$11,042
9 years$14,900$13,611$12,425$11,335$10,335$9,159
10 years$13,273$11,998$10,833$9,771$8,806$7,684
11 years$11,944$10,681$9,537$8,504$7,573$6,505
12 years$10,836$9,586$8,464$7,459$6,563$5,546
13 years$9,900$8,663$7,562$6,585$5,723$4,757
14 years$9,099$7,875$6,794$5,846$5,017$4,100
15 years$8,404$7,194$6,134$5,213$4,417$3,548
16 years$7,797$6,600$5,562$4,668$3,904$3,081
17 years$7,263$6,078$5,061$4,194$3,461$2,683
18 years$6,788$5,617$4,620$3,780$3,078$2,343
19 years$6,363$5,206$4,229$3,415$2,743$2,050
20 years$5,982$4,837$3,881$3,093$2,450$1,797
21 years$5,637$4,506$3,570$2,807$2,193$1,578
22 years$5,324$4,206$3,290$2,552$1,966$1,387
23 years$5,039$3,934$3,038$2,325$1,764$1,221
24 years$4,777$3,686$2,810$2,120$1,586$1,076
25 years$4,538$3,459$2,602$1,936$1,427$949
26 years$4,316$3,251$2,414$1,770$1,285$838
27 years$4,112$3,059$2,241$1,620$1,159$740
28 years$3,923$2,883$2,084$1,485$1,046$654
29 years$3,747$2,720$1,939$1,361$944$579
30 years$3,583$2,568$1,806$1,250$853$512
31 years$3,429$2,428$1,684$1,148$771$453
32 years$3,286$2,297$1,571$1,055$698$401
33 years$3,152$2,176$1,467$970$631$355
34 years$3,026$2,062$1,370$892$572$315
35 years$2,907$1,956$1,281$821$518$279
36 years$2,795$1,856$1,199$757$469$247
37 years$2,690$1,763$1,122$697$425$219
38 years$2,590$1,676$1,051$642$386$195
39 years$2,496$1,593$984$592$350$173
40 years$2,406$1,516$923$546$317$153
41 years$2,321$1,443$865$504$288$136
42 years$2,241$1,374$811$465$261$121
43 years$2,164$1,309$761$429$237$107
44 years$2,091$1,248$715$397$215$95
45 years$2,022$1,190$671$366$195$84
46 years$1,955$1,135$630$338$177$75
47 years$1,892$1,083$592$313$161$66
48 years$1,832$1,034$557$289$146$59
49 years$1,774$988$523$267$133$52
50 years$1,718$944$492$247$121$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,760,000, adding $6,295 every year, while hoping to spend $51,651 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: 44/40/16 Blend
49$1,760,000$1,760,000$1,760,000$1,760,000
50$1,946,013$1,852,733$1,825,453$2,022,393
51$2,089,550$1,888,561$1,831,650$2,112,341
52$2,245,997$1,924,413$1,836,323$2,204,136
53$2,416,616$1,960,236$1,839,366$2,302,525
54$2,602,796$1,995,973$1,840,670$2,408,139
55$2,806,066$2,031,561$1,840,118$2,521,675
56$3,028,110$2,066,933$1,837,587$2,643,900
57$3,270,781$2,102,016$1,832,950$2,775,662
58$3,536,120$2,136,734$1,826,073$2,917,895
59$3,826,372$2,171,001$1,816,814$3,071,631
60$4,144,011$2,204,730$1,805,026$3,238,006
61$4,491,761$2,237,822$1,790,556$3,418,275
62$4,872,620$2,270,176$1,773,239$3,613,823
63$5,289,893$2,301,679$1,752,908$3,826,177
64$5,747,215$2,332,215$1,729,384$4,057,022
65$6,248,594$2,361,656$1,702,481$4,308,217
66$6,798,441$2,389,868$1,672,005$4,581,811
67$7,401,616$2,416,705$1,637,751$4,880,068
68$8,063,471$2,442,014$1,599,506$5,205,482
69$8,789,903$2,465,631$1,557,047$5,560,807
70$9,587,405$2,487,379$1,510,140$5,949,081
71$10,463,132$2,507,072$1,458,541$6,373,652
72$11,424,964$2,524,511$1,401,995$6,838,217
73$12,481,582$2,539,484$1,340,234$7,346,852
74$13,642,551$2,551,766$1,272,979$7,904,054
75$14,918,406$2,561,118$1,199,938$8,514,783
76$16,320,754$2,567,283$1,120,807$9,184,509
77$17,862,382$2,569,991$1,035,265$9,919,268
78$19,557,379$2,568,955$942,981$10,725,714
79$21,421,267$2,563,869$843,606$11,611,189
80$23,471,146$2,554,408$736,776$12,583,787
81$25,725,857$2,540,228$622,112$13,652,437
82$28,206,159$2,520,964$499,218$14,826,988
83$30,934,924$2,496,228$367,679$16,118,297
84$33,937,353$2,465,610$227,063$17,538,342
85$37,241,212$2,428,674$76,919$19,100,327
86$40,877,096$2,384,959$0$20,818,818
87$44,878,715$2,333,977$0$22,724,095
88$49,283,211$2,275,209$0$24,834,584
89$54,131,512$2,208,108$0$27,156,751
90$59,468,715$2,132,094$0$29,712,221
91$65,344,509$2,046,552$0$32,524,829
92$71,813,649$1,950,833$0$35,620,850
93$78,936,468$1,844,250$0$39,029,250
94$86,779,445$1,726,076$0$42,781,959
95$95,415,837$1,595,542$0$46,914,173
96$104,926,365$1,451,837$0$51,464,692
97$115,399,978$1,294,100$0$56,476,283
98$126,934,689$1,121,424$0$61,996,091
99$139,638,504$932,851$0$68,076,081
100$153,630,437$727,366$0$74,773,535