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

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$146,991$145,681$144,404$143,157$141,940$139,017
2 years$72,768$71,412$70,099$68,826$67,590$64,659
3 years$48,030$46,669$45,359$44,097$42,882$40,034
4 years$35,663$34,307$33,010$31,770$30,584$27,840
5 years$28,246$26,897$25,617$24,402$23,249$20,618
6 years$23,302$21,963$20,702$19,515$18,396$15,881
7 years$19,772$18,445$17,204$16,044$14,961$12,562
8 years$17,126$15,810$14,590$13,459$12,412$10,127
9 years$15,069$13,766$12,566$11,464$10,453$8,282
10 years$13,424$12,134$10,956$9,882$8,906$6,847
11 years$12,079$10,802$9,645$8,600$7,660$5,709
12 years$10,960$9,695$8,560$7,544$6,638$4,793
13 years$10,013$8,762$7,648$6,660$5,788$4,047
14 years$9,202$7,964$6,871$5,912$5,074$3,432
15 years$8,500$7,275$6,204$5,272$4,467$2,922
16 years$7,886$6,675$5,625$4,721$3,948$2,495
17 years$7,345$6,148$5,118$4,242$3,501$2,136
18 years$6,865$5,681$4,672$3,823$3,113$1,833
19 years$6,436$5,265$4,277$3,454$2,774$1,576
20 years$6,050$4,892$3,926$3,128$2,478$1,357
21 years$5,701$4,557$3,611$2,839$2,218$1,170
22 years$5,384$4,254$3,328$2,581$1,988$1,010
23 years$5,096$3,978$3,073$2,351$1,784$873
24 years$4,832$3,728$2,842$2,144$1,604$755
25 years$4,589$3,498$2,632$1,958$1,443$653
26 years$4,366$3,288$2,441$1,790$1,300$566
27 years$4,159$3,094$2,267$1,639$1,172$490
28 years$3,967$2,916$2,107$1,502$1,058$425
29 years$3,789$2,750$1,961$1,377$955$369
30 years$3,623$2,598$1,827$1,264$863$320
31 years$3,468$2,456$1,703$1,161$780$278
32 years$3,324$2,323$1,589$1,067$706$241
33 years$3,188$2,200$1,483$981$639$209
34 years$3,060$2,085$1,386$902$578$182
35 years$2,940$1,978$1,296$831$524$158
36 years$2,827$1,877$1,212$765$475$137
37 years$2,720$1,783$1,135$705$430$119
38 years$2,619$1,695$1,063$650$390$103
39 years$2,524$1,611$995$599$354$90
40 years$2,434$1,533$933$553$321$78
41 years$2,348$1,459$875$510$291$68
42 years$2,266$1,390$821$471$264$59
43 years$2,189$1,324$770$434$240$51
44 years$2,115$1,262$723$401$217$45
45 years$2,045$1,204$679$370$197$39
46 years$1,978$1,148$638$342$179$34
47 years$1,914$1,096$599$316$163$29
48 years$1,852$1,046$563$292$148$25
49 years$1,794$999$529$270$134$22
50 years$1,738$954$497$250$122$19

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 $5,283 every year, while hoping to spend $54,902 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: 55/24/21 Blend
49$1,780,000$1,780,000$1,780,000$1,780,000
50$1,967,009$1,872,669$1,845,079$2,063,706
51$2,109,229$1,906,015$1,848,474$2,163,821
52$2,264,115$1,939,154$1,850,143$2,266,540
53$2,432,901$1,972,019$1,849,969$2,377,220
54$2,616,946$2,004,537$1,847,832$2,496,639
55$2,817,744$2,036,629$1,843,603$2,625,655
56$3,036,940$2,068,210$1,837,150$2,765,216
57$3,276,345$2,099,189$1,828,332$2,916,366
58$3,537,953$2,129,470$1,817,002$3,080,258
59$3,823,959$2,158,949$1,803,007$3,258,161
60$4,136,779$2,187,514$1,786,184$3,451,479
61$4,479,075$2,215,046$1,766,365$3,661,756
62$4,853,775$2,241,418$1,743,373$3,890,699
63$5,264,107$2,266,494$1,717,022$4,140,189
64$5,713,622$2,290,129$1,687,119$4,412,301
65$6,206,235$2,312,169$1,653,461$4,709,323
66$6,746,253$2,332,447$1,615,834$5,033,780
67$7,338,423$2,350,790$1,574,017$5,388,456
68$7,987,973$2,367,008$1,527,777$5,776,422
69$8,700,658$2,380,904$1,476,869$6,201,064
70$9,482,822$2,392,265$1,421,041$6,666,118
71$10,341,450$2,400,866$1,360,026$7,175,703
72$11,284,235$2,406,466$1,293,545$7,734,363
73$12,319,656$2,408,812$1,221,307$8,347,108
74$13,457,049$2,407,632$1,143,009$9,019,465
75$14,706,702$2,402,639$1,058,333$9,757,525
76$16,079,945$2,393,528$966,947$10,568,010
77$17,589,263$2,379,975$868,504$11,458,330
78$19,248,411$2,361,637$762,642$12,436,655
79$21,072,541$2,338,149$648,982$13,511,997
80$23,078,347$2,309,124$527,129$14,694,291
81$25,284,221$2,274,155$396,672$15,994,493
82$27,710,430$2,232,806$257,178$17,424,682
83$30,379,299$2,184,619$108,199$18,998,179
84$33,315,428$2,129,106$0$20,729,668
85$36,545,922$2,065,753$0$22,646,723
86$40,100,644$1,994,013$0$24,782,428
87$44,012,500$1,913,310$0$27,132,312
88$48,317,745$1,823,032$0$29,718,194
89$53,056,329$1,722,534$0$32,564,124
90$58,272,268$1,611,132$0$35,696,608
91$64,014,065$1,488,103$0$39,144,861
92$70,335,163$1,352,684$0$42,941,081
93$77,294,451$1,204,066$0$47,120,757
94$84,956,816$1,041,397$0$51,723,001
95$93,393,761$863,775$0$56,790,922
96$102,684,071$670,246$0$62,372,032
97$112,914,564$459,805$0$68,518,697
98$124,180,903$231,390$0$75,288,630
99$136,588,504$0$0$82,745,440
100$150,253,527$0$0$90,963,489