Can I retire at age 50 with 999,000?

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 $999,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$82,496$81,762$81,045$80,345$79,662$79,126
2 years$40,840$40,079$39,342$38,627$37,934$37,394
3 years$26,956$26,192$25,457$24,749$24,067$23,539
4 years$20,016$19,254$18,526$17,830$17,165$16,653
5 years$15,852$15,095$14,377$13,695$13,048$12,555
6 years$13,078$12,327$11,619$10,952$10,325$9,849
7 years$11,097$10,352$9,655$9,004$8,397$7,940
8 years$9,612$8,873$8,188$7,554$6,966$6,528
9 years$8,457$7,726$7,053$6,434$5,866$5,447
10 years$7,534$6,810$6,149$5,546$4,998$4,597
11 years$6,779$6,063$5,413$4,827$4,299$3,915
12 years$6,151$5,441$4,804$4,234$3,725$3,359
13 years$5,620$4,917$4,292$3,738$3,248$2,900
14 years$5,164$4,470$3,857$3,318$2,848$2,516
15 years$4,770$4,083$3,482$2,959$2,507$2,192
16 years$4,426$3,746$3,157$2,650$2,216$1,916
17 years$4,122$3,450$2,873$2,381$1,965$1,681
18 years$3,853$3,188$2,622$2,145$1,747$1,478
19 years$3,612$2,955$2,401$1,939$1,557$1,303
20 years$3,395$2,746$2,203$1,756$1,391$1,150
21 years$3,200$2,558$2,026$1,593$1,245$1,017
22 years$3,022$2,387$1,868$1,449$1,116$901
23 years$2,860$2,233$1,725$1,319$1,001$799
24 years$2,712$2,092$1,595$1,203$900$710
25 years$2,576$1,963$1,477$1,099$810$631
26 years$2,450$1,845$1,370$1,005$730$561
27 years$2,334$1,736$1,272$920$658$500
28 years$2,227$1,636$1,183$843$594$445
29 years$2,127$1,544$1,101$773$536$397
30 years$2,034$1,458$1,025$709$484$354
31 years$1,947$1,378$956$651$438$316
32 years$1,865$1,304$892$599$396$282
33 years$1,789$1,235$833$550$358$252
34 years$1,717$1,170$778$507$325$225
35 years$1,650$1,110$727$466$294$201
36 years$1,587$1,054$680$429$266$180
37 years$1,527$1,001$637$396$241$161
38 years$1,470$951$596$365$219$144
39 years$1,417$904$559$336$198$129
40 years$1,366$860$524$310$180$115
41 years$1,318$819$491$286$163$103
42 years$1,272$780$461$264$148$92
43 years$1,228$743$432$244$134$83
44 years$1,187$708$406$225$122$74
45 years$1,147$676$381$208$111$66
46 years$1,110$644$358$192$101$59
47 years$1,074$615$336$177$91$53
48 years$1,040$587$316$164$83$48
49 years$1,007$561$297$151$75$43
50 years$975$536$279$140$68$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $999,000, adding $5,563 every year, while hoping to spend $57,875 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: 61/11/28 Blend
49$999,000$999,000$999,000$999,000
50$1,106,636$1,053,689$1,038,205$1,165,482
51$1,157,935$1,043,741$1,011,406$1,196,246
52$1,212,526$1,031,367$981,770$1,223,088
53$1,270,684$1,016,384$949,140$1,251,166
54$1,332,711$998,604$913,353$1,280,613
55$1,398,936$977,824$874,239$1,311,578
56$1,469,719$953,830$831,618$1,344,227
57$1,545,458$926,395$785,304$1,378,746
58$1,626,585$895,279$735,103$1,415,344
59$1,713,578$860,228$680,810$1,454,252
60$1,806,957$820,974$622,211$1,495,728
61$1,907,298$777,232$559,086$1,540,061
62$2,015,227$728,702$491,201$1,587,573
63$2,131,437$675,065$418,313$1,638,621
64$2,256,687$615,986$340,169$1,693,602
65$2,391,809$551,109$256,505$1,752,960
66$2,537,719$480,059$167,043$1,817,187
67$2,695,423$402,439$71,496$1,886,831
68$2,866,026$317,829$0$1,962,499
69$3,050,745$225,787$0$2,053,969
70$3,250,916$125,845$0$2,176,275
71$3,468,007$17,509$0$2,308,965
72$3,703,635$0$0$2,453,063
73$3,959,576$0$0$2,621,773
74$4,237,785$0$0$2,807,533
75$4,540,414$0$0$3,009,668
76$4,869,827$0$0$3,229,768
77$5,228,629$0$0$3,469,581
78$5,619,684$0$0$3,731,032
79$6,046,145$0$0$4,016,239
80$6,511,482$0$0$4,327,533
81$7,019,516$0$0$4,667,481
82$7,574,452$0$0$5,038,907
83$8,180,917$0$0$5,444,922
84$8,844,009$0$0$5,888,950
85$9,569,338$0$0$6,374,762
86$10,363,082$0$0$6,906,508
87$11,232,046$0$0$7,488,760
88$12,183,719$0$0$8,126,552
89$13,226,353$0$0$8,825,428
90$14,369,031$0$0$9,591,493
91$15,621,761$0$0$10,431,472
92$16,995,562$0$0$11,352,771
93$18,502,574$0$0$12,363,546
94$20,156,164$0$0$13,472,784
95$21,971,061$0$0$14,690,381
96$23,963,484$0$0$16,027,239
97$26,151,302$0$0$17,495,367
98$28,554,200$0$0$19,107,995
99$31,193,861$0$0$20,879,696
100$34,094,171$0$0$22,826,526