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

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$145,339$144,045$142,781$141,549$140,345$138,362
2 years$71,950$70,610$69,311$68,052$66,831$64,837
3 years$47,490$46,144$44,849$43,602$42,400$40,457
4 years$35,263$33,921$32,639$31,413$30,240$28,363
5 years$27,928$26,595$25,329$24,128$22,988$21,182
6 years$23,040$21,716$20,470$19,295$18,190$16,458
7 years$19,550$18,237$17,010$15,864$14,793$13,135
8 years$16,933$15,633$14,426$13,308$12,272$10,688
9 years$14,900$13,611$12,425$11,335$10,335$8,824
10 years$13,273$11,998$10,833$9,771$8,806$7,367
11 years$11,944$10,681$9,537$8,504$7,573$6,205
12 years$10,836$9,586$8,464$7,459$6,563$5,264
13 years$9,900$8,663$7,562$6,585$5,723$4,491
14 years$9,099$7,875$6,794$5,846$5,017$3,850
15 years$8,404$7,194$6,134$5,213$4,417$3,314
16 years$7,797$6,600$5,562$4,668$3,904$2,862
17 years$7,263$6,078$5,061$4,194$3,461$2,479
18 years$6,788$5,617$4,620$3,780$3,078$2,152
19 years$6,363$5,206$4,229$3,415$2,743$1,872
20 years$5,982$4,837$3,881$3,093$2,450$1,631
21 years$5,637$4,506$3,570$2,807$2,193$1,424
22 years$5,324$4,206$3,290$2,552$1,966$1,244
23 years$5,039$3,934$3,038$2,325$1,764$1,088
24 years$4,777$3,686$2,810$2,120$1,586$953
25 years$4,538$3,459$2,602$1,936$1,427$835
26 years$4,316$3,251$2,414$1,770$1,285$733
27 years$4,112$3,059$2,241$1,620$1,159$643
28 years$3,923$2,883$2,084$1,485$1,046$565
29 years$3,747$2,720$1,939$1,361$944$496
30 years$3,583$2,568$1,806$1,250$853$436
31 years$3,429$2,428$1,684$1,148$771$384
32 years$3,286$2,297$1,571$1,055$698$338
33 years$3,152$2,176$1,467$970$631$297
34 years$3,026$2,062$1,370$892$572$261
35 years$2,907$1,956$1,281$821$518$230
36 years$2,795$1,856$1,199$757$469$203
37 years$2,690$1,763$1,122$697$425$178
38 years$2,590$1,676$1,051$642$386$157
39 years$2,496$1,593$984$592$350$138
40 years$2,406$1,516$923$546$317$122
41 years$2,321$1,443$865$504$288$108
42 years$2,241$1,374$811$465$261$95
43 years$2,164$1,309$761$429$237$84
44 years$2,091$1,248$715$397$215$74
45 years$2,022$1,190$671$366$195$65
46 years$1,955$1,135$630$338$177$57
47 years$1,892$1,083$592$313$161$50
48 years$1,832$1,034$557$289$146$44
49 years$1,774$988$523$267$133$39
50 years$1,718$944$492$247$121$35

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 $2,750 every year, while hoping to spend $38,757 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: 41/38/21 Blend
49$1,760,000$1,760,000$1,760,000$1,760,000
50$1,942,357$1,849,077$1,821,797$2,009,877
51$2,099,240$1,898,444$1,841,590$2,107,708
52$2,270,826$1,948,932$1,860,747$2,209,605
53$2,458,574$2,000,554$1,879,206$2,319,108
54$2,664,091$2,053,323$1,896,901$2,436,933
55$2,889,145$2,107,252$1,913,764$2,563,870
56$3,135,683$2,162,353$1,929,720$2,700,787
57$3,405,852$2,218,637$1,944,695$2,848,643
58$3,702,013$2,276,114$1,958,606$3,008,491
59$4,026,768$2,334,794$1,971,370$3,181,492
60$4,382,984$2,394,685$1,982,896$3,368,925
61$4,773,817$2,455,793$1,993,092$3,572,199
62$5,202,743$2,518,123$2,001,857$3,792,865
63$5,673,593$2,581,681$2,009,090$4,032,632
64$6,190,585$2,646,469$2,014,679$4,293,386
65$6,758,366$2,712,487$2,018,512$4,577,200
66$7,382,055$2,779,735$2,020,469$4,886,361
67$8,067,292$2,848,210$2,020,422$5,223,390
68$8,820,290$2,917,906$2,018,240$5,591,062
69$9,647,893$2,988,817$2,013,784$5,992,438
70$10,557,641$3,060,932$2,006,909$6,430,888
71$11,557,842$3,134,239$1,997,462$6,910,128
72$12,657,648$3,208,723$1,985,284$7,434,253
73$13,867,143$3,284,365$1,970,205$8,007,775
74$15,197,436$3,361,144$1,952,052$8,635,667
75$16,660,769$3,439,034$1,930,640$9,323,410
76$18,270,627$3,518,006$1,905,776$10,077,044
77$20,041,870$3,598,028$1,877,258$10,903,226
78$21,990,870$3,679,061$1,844,876$11,809,293
79$24,135,667$3,761,063$1,808,408$12,803,331
80$26,496,138$3,843,988$1,767,623$13,894,252
81$29,094,185$3,927,784$1,722,278$15,091,877
82$31,953,938$4,012,392$1,672,121$16,407,034
83$35,101,988$4,097,748$1,616,886$17,851,652
84$38,567,636$4,183,782$1,556,296$19,438,882
85$42,383,164$4,270,417$1,490,061$21,183,217
86$46,584,148$4,357,569$1,417,880$23,100,632
87$51,209,786$4,445,144$1,339,434$25,208,731
88$56,303,272$4,533,044$1,254,392$27,526,919
89$61,912,201$4,621,159$1,162,410$30,076,583
90$68,089,020$4,709,370$1,063,125$32,881,292
91$74,891,521$4,797,549$956,160$35,967,027
92$82,383,385$4,885,558$841,120$39,362,418
93$90,634,786$4,973,247$717,594$43,099,024
94$99,723,052$5,060,453$585,151$47,211,624
95$109,733,392$5,147,004$443,342$51,738,552
96$120,759,702$5,232,711$291,698$56,722,055
97$132,905,450$5,317,373$129,729$62,208,696
98$146,284,656$5,400,774$0$68,249,794
99$161,022,960$5,482,681$0$74,911,571
100$177,258,815$5,562,846$0$82,278,349