Can I retire at age 50 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$146,991$145,681$144,404$143,157$141,940$141,045
2 years$72,768$71,412$70,099$68,826$67,590$66,688
3 years$48,030$46,669$45,359$44,097$42,882$42,000
4 years$35,663$34,307$33,010$31,770$30,584$29,729
5 years$28,246$26,897$25,617$24,402$23,249$22,424
6 years$23,302$21,963$20,702$19,515$18,396$17,601
7 years$19,772$18,445$17,204$16,044$14,961$14,197
8 years$17,126$15,810$14,590$13,459$12,412$11,678
9 years$15,069$13,766$12,566$11,464$10,453$9,750
10 years$13,424$12,134$10,956$9,882$8,906$8,234
11 years$12,079$10,802$9,645$8,600$7,660$7,017
12 years$10,960$9,695$8,560$7,544$6,638$6,025
13 years$10,013$8,762$7,648$6,660$5,788$5,204
14 years$9,202$7,964$6,871$5,912$5,074$4,518
15 years$8,500$7,275$6,204$5,272$4,467$3,939
16 years$7,886$6,675$5,625$4,721$3,948$3,446
17 years$7,345$6,148$5,118$4,242$3,501$3,024
18 years$6,865$5,681$4,672$3,823$3,113$2,661
19 years$6,436$5,265$4,277$3,454$2,774$2,347
20 years$6,050$4,892$3,926$3,128$2,478$2,074
21 years$5,701$4,557$3,611$2,839$2,218$1,836
22 years$5,384$4,254$3,328$2,581$1,988$1,628
23 years$5,096$3,978$3,073$2,351$1,784$1,445
24 years$4,832$3,728$2,842$2,144$1,604$1,284
25 years$4,589$3,498$2,632$1,958$1,443$1,142
26 years$4,366$3,288$2,441$1,790$1,300$1,017
27 years$4,159$3,094$2,267$1,639$1,172$906
28 years$3,967$2,916$2,107$1,502$1,058$808
29 years$3,789$2,750$1,961$1,377$955$721
30 years$3,623$2,598$1,827$1,264$863$644
31 years$3,468$2,456$1,703$1,161$780$575
32 years$3,324$2,323$1,589$1,067$706$514
33 years$3,188$2,200$1,483$981$639$459
34 years$3,060$2,085$1,386$902$578$411
35 years$2,940$1,978$1,296$831$524$367
36 years$2,827$1,877$1,212$765$475$329
37 years$2,720$1,783$1,135$705$430$294
38 years$2,619$1,695$1,063$650$390$263
39 years$2,524$1,611$995$599$354$236
40 years$2,434$1,533$933$553$321$211
41 years$2,348$1,459$875$510$291$189
42 years$2,266$1,390$821$471$264$169
43 years$2,189$1,324$770$434$240$152
44 years$2,115$1,262$723$401$217$136
45 years$2,045$1,204$679$370$197$122
46 years$1,978$1,148$638$342$179$109
47 years$1,914$1,096$599$316$163$98
48 years$1,852$1,046$563$292$148$88
49 years$1,794$999$529$270$134$79
50 years$1,738$954$497$250$122$71

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,780,000, adding $3,301 every year, while hoping to spend $30,861 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: 30/42/28 Blend
49$1,780,000$1,780,000$1,780,000$1,780,000
50$1,964,965$1,870,625$1,843,035$2,006,909
51$2,132,556$1,929,450$1,871,941$2,098,791
52$2,316,206$1,990,123$1,900,781$2,194,645
53$2,517,522$2,052,701$1,929,520$2,297,152
54$2,738,272$2,117,246$1,958,121$2,406,912
55$2,980,402$2,183,818$1,986,545$2,524,585
56$3,246,060$2,252,482$2,014,751$2,650,896
57$3,537,606$2,323,302$2,042,693$2,786,643
58$3,857,645$2,396,346$2,070,326$2,932,701
59$4,209,042$2,471,685$2,097,599$3,090,036
60$4,594,956$2,549,389$2,124,461$3,259,707
61$5,018,866$2,629,533$2,150,855$3,442,883
62$5,484,604$2,712,195$2,176,722$3,640,846
63$5,996,393$2,797,451$2,202,002$3,855,009
64$6,558,884$2,885,385$2,226,627$4,086,927
65$7,177,200$2,976,079$2,250,530$4,338,312
66$7,856,988$3,069,621$2,273,636$4,611,045
67$8,604,468$3,166,099$2,295,870$4,907,202
68$9,426,492$3,265,606$2,317,150$5,229,065
69$10,330,609$3,368,236$2,337,390$5,579,146
70$11,325,139$3,474,088$2,356,500$5,960,213
71$12,419,247$3,583,261$2,374,386$6,375,314
72$13,623,030$3,695,861$2,390,948$6,827,803
73$14,947,615$3,811,995$2,406,081$7,321,376
74$16,405,262$3,931,772$2,419,675$7,860,103
75$18,009,478$4,055,308$2,431,613$8,448,467
76$19,775,146$4,182,720$2,441,773$9,091,404
77$21,718,667$4,314,129$2,450,029$9,794,353
78$23,858,110$4,449,660$2,456,244$10,563,304
79$26,213,387$4,589,443$2,460,277$11,404,856
80$28,806,437$4,733,611$2,461,981$12,326,278
81$31,661,436$4,882,300$2,461,200$13,335,578
82$34,805,021$5,035,652$2,457,769$14,441,578
83$38,266,548$5,193,813$2,451,519$15,653,996
84$42,078,360$5,356,934$2,442,269$16,983,541
85$46,276,098$5,525,169$2,429,830$18,442,009
86$50,899,036$5,698,678$2,414,006$20,042,398
87$55,990,452$5,877,628$2,394,589$21,799,028
88$61,598,033$6,062,186$2,371,362$23,727,677
89$67,774,328$6,252,530$2,344,099$25,845,730
90$74,577,245$6,448,839$2,312,562$28,172,341
91$82,070,592$6,651,300$2,276,501$30,728,617
92$90,324,684$6,860,106$2,235,656$33,537,812
93$99,417,005$7,075,454$2,189,753$36,625,552
94$109,432,938$7,297,549$2,138,508$40,020,070
95$120,466,570$7,526,602$2,081,620$43,752,481
96$132,621,585$7,762,829$2,018,779$47,857,066
97$146,012,234$8,006,456$1,949,656$52,371,602
98$160,764,423$8,257,713$1,873,910$57,337,716
99$177,016,891$8,516,838$1,791,183$62,801,277
100$194,922,528$8,784,077$1,701,102$68,812,830