Can I retire at age 50 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$146,165$144,863$143,593$142,353$141,142$135,811
2 years$72,359$71,011$69,705$68,439$67,211$61,901
3 years$47,760$46,407$45,104$43,849$42,641$37,521
4 years$35,463$34,114$32,824$31,591$30,412$25,519
5 years$28,087$26,746$25,473$24,265$23,119$18,467
6 years$23,171$21,840$20,586$19,405$18,293$13,885
7 years$19,661$18,341$17,107$15,954$14,877$10,712
8 years$17,030$15,722$14,508$13,383$12,342$8,415
9 years$14,984$13,689$12,496$11,400$10,394$6,700
10 years$13,349$12,066$10,894$9,827$8,856$5,389
11 years$12,012$10,741$9,591$8,552$7,616$4,368
12 years$10,898$9,641$8,512$7,501$6,600$3,563
13 years$9,957$8,713$7,605$6,623$5,756$2,920
14 years$9,150$7,920$6,833$5,879$5,045$2,402
15 years$8,452$7,235$6,169$5,243$4,442$1,982
16 years$7,842$6,638$5,593$4,694$3,926$1,640
17 years$7,304$6,113$5,090$4,218$3,481$1,360
18 years$6,826$5,649$4,646$3,801$3,095$1,130
19 years$6,399$5,235$4,253$3,435$2,759$939
20 years$6,016$4,865$3,904$3,111$2,464$782
21 years$5,669$4,531$3,590$2,823$2,205$652
22 years$5,354$4,230$3,309$2,567$1,977$544
23 years$5,067$3,956$3,055$2,338$1,774$454
24 years$4,805$3,707$2,826$2,132$1,595$379
25 years$4,563$3,478$2,617$1,947$1,435$317
26 years$4,341$3,269$2,427$1,780$1,293$265
27 years$4,135$3,077$2,254$1,630$1,166$221
28 years$3,945$2,899$2,095$1,493$1,052$185
29 years$3,768$2,735$1,950$1,369$950$155
30 years$3,603$2,583$1,816$1,257$858$130
31 years$3,449$2,442$1,693$1,154$776$108
32 years$3,305$2,310$1,580$1,061$702$91
33 years$3,170$2,188$1,475$975$635$76
34 years$3,043$2,074$1,378$897$575$64
35 years$2,924$1,967$1,289$826$521$53
36 years$2,811$1,867$1,205$761$472$45
37 years$2,705$1,773$1,128$701$428$37
38 years$2,605$1,685$1,057$646$388$31
39 years$2,510$1,602$990$596$352$26
40 years$2,420$1,524$928$550$319$22
41 years$2,335$1,451$870$507$289$18
42 years$2,253$1,382$816$468$263$15
43 years$2,176$1,317$766$432$238$13
44 years$2,103$1,255$719$399$216$11
45 years$2,033$1,197$675$368$196$9
46 years$1,966$1,142$634$340$178$8
47 years$1,903$1,090$596$314$162$6
48 years$1,842$1,040$560$290$147$5
49 years$1,784$993$526$268$134$4
50 years$1,728$949$495$248$121$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,770,000, adding $5,199 every year, while hoping to spend $32,572 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: 62/24/14 Blend
49$1,770,000$1,770,000$1,770,000$1,770,000
50$1,955,903$1,862,093$1,834,658$2,070,181
51$2,120,748$1,918,679$1,861,462$2,204,124
52$2,301,317$1,976,946$1,888,073$2,346,102
53$2,499,177$2,036,942$1,914,450$2,500,299
54$2,716,057$2,098,717$1,940,548$2,667,901
55$2,953,862$2,162,320$1,966,323$2,850,216
56$3,214,686$2,227,804$1,991,725$3,048,682
57$3,500,839$2,295,223$2,016,703$3,264,882
58$3,814,866$2,364,629$2,041,204$3,500,561
59$4,159,566$2,436,080$2,065,168$3,757,638
60$4,538,027$2,509,633$2,088,537$4,038,228
61$4,953,648$2,585,347$2,111,245$4,344,659
62$5,410,173$2,663,283$2,133,225$4,679,496
63$5,911,729$2,743,501$2,154,405$5,045,562
64$6,462,859$2,826,067$2,174,712$5,445,967
65$7,068,571$2,911,044$2,194,065$5,884,138
66$7,734,380$2,998,501$2,212,381$6,363,848
67$8,466,364$3,088,504$2,229,573$6,889,253
68$9,271,216$3,181,124$2,245,547$7,464,933
69$10,156,315$3,276,433$2,260,207$8,095,931
70$11,129,785$3,374,504$2,273,450$8,787,803
71$12,200,581$3,475,413$2,285,169$9,546,671
72$13,378,569$3,579,237$2,295,250$10,379,279
73$14,674,617$3,686,054$2,303,575$11,293,055
74$16,100,703$3,795,945$2,310,020$12,296,184
75$17,670,021$3,908,993$2,314,452$13,397,685
76$19,397,112$4,025,283$2,316,735$14,607,493
77$21,297,996$4,144,900$2,316,724$15,936,555
78$23,390,324$4,267,933$2,314,268$17,396,932
79$25,693,549$4,394,473$2,309,207$19,001,913
80$28,229,100$4,524,612$2,301,375$20,766,142
81$31,020,595$4,658,444$2,290,597$22,705,750
82$34,094,053$4,796,066$2,276,690$24,838,516
83$37,478,150$4,937,576$2,259,462$27,184,027
84$41,204,479$5,083,075$2,238,712$29,763,868
85$45,307,855$5,232,665$2,214,228$32,601,819
86$49,826,643$5,386,452$2,185,791$35,724,088
87$54,803,114$5,544,542$2,153,169$39,159,550
88$60,283,851$5,707,044$2,116,120$42,940,026
89$66,320,185$5,874,070$2,074,390$47,100,577
90$72,968,676$6,045,732$2,027,715$51,679,839
91$80,291,655$6,222,147$1,975,817$56,720,388
92$88,357,803$6,403,431$1,918,406$62,269,137
93$97,242,805$6,589,705$1,855,179$68,377,784
94$107,030,060$6,781,090$1,785,817$75,103,296
95$117,811,474$6,977,711$1,709,989$82,508,448
96$129,688,318$7,179,693$1,627,347$90,662,417
97$142,772,193$7,387,164$1,537,530$99,641,433
98$157,186,076$7,600,255$1,440,157$109,529,495
99$173,065,486$7,819,097$1,334,832$120,419,174
100$190,559,758$8,043,826$1,221,142$132,412,473