Can I retire at age 50 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$90,837$90,028$89,238$88,468$87,716$85,804
2 years$44,969$44,131$43,320$42,533$41,769$39,853
3 years$29,681$28,840$28,031$27,251$26,500$24,639
4 years$22,039$21,201$20,399$19,633$18,900$17,109
5 years$17,455$16,622$15,831$15,080$14,368$12,651
6 years$14,400$13,573$12,793$12,060$11,369$9,728
7 years$12,219$11,398$10,631$9,915$9,246$7,682
8 years$10,583$9,771$9,016$8,317$7,670$6,182
9 years$9,312$8,507$7,766$7,084$6,459$5,047
10 years$8,296$7,499$6,770$6,107$5,504$4,165
11 years$7,465$6,675$5,960$5,315$4,733$3,466
12 years$6,773$5,992$5,290$4,662$4,102$2,904
13 years$6,188$5,415$4,726$4,116$3,577$2,447
14 years$5,687$4,922$4,246$3,653$3,135$2,071
15 years$5,253$4,496$3,834$3,258$2,761$1,759
16 years$4,873$4,125$3,476$2,917$2,440$1,499
17 years$4,539$3,799$3,163$2,621$2,163$1,281
18 years$4,242$3,510$2,887$2,362$1,924$1,097
19 years$3,977$3,253$2,643$2,135$1,715$941
20 years$3,739$3,023$2,426$1,933$1,531$808
21 years$3,523$2,816$2,231$1,755$1,371$695
22 years$3,327$2,629$2,057$1,595$1,228$599
23 years$3,149$2,459$1,899$1,453$1,103$516
24 years$2,986$2,304$1,756$1,325$991$445
25 years$2,836$2,162$1,627$1,210$892$385
26 years$2,698$2,032$1,509$1,106$803$332
27 years$2,570$1,912$1,401$1,013$724$287
28 years$2,452$1,802$1,302$928$654$248
29 years$2,342$1,700$1,212$851$590$215
30 years$2,239$1,605$1,129$781$533$186
31 years$2,143$1,517$1,052$717$482$161
32 years$2,054$1,436$982$659$436$139
33 years$1,970$1,360$917$606$395$121
34 years$1,891$1,289$857$558$357$105
35 years$1,817$1,222$801$513$324$91
36 years$1,747$1,160$749$473$293$79
37 years$1,681$1,102$701$436$266$68
38 years$1,619$1,047$657$402$241$59
39 years$1,560$996$615$370$218$51
40 years$1,504$947$577$342$198$44
41 years$1,451$902$541$315$180$38
42 years$1,400$859$507$291$163$33
43 years$1,353$818$476$268$148$29
44 years$1,307$780$447$248$134$25
45 years$1,264$744$419$229$122$22
46 years$1,222$710$394$211$111$19
47 years$1,183$677$370$195$101$16
48 years$1,145$646$348$180$91$14
49 years$1,109$617$327$167$83$12
50 years$1,074$590$307$154$75$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,100,000, adding $4,458 every year, while hoping to spend $22,951 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: 26/47/27 Blend
49$1,100,000$1,100,000$1,100,000$1,100,000
50$1,216,798$1,158,498$1,141,448$1,238,058
51$1,316,492$1,190,845$1,155,267$1,288,126
52$1,425,585$1,224,008$1,168,780$1,339,549
53$1,545,013$1,258,002$1,181,952$1,394,250
54$1,675,803$1,292,843$1,194,746$1,452,520
55$1,819,090$1,328,547$1,207,125$1,514,681
56$1,976,122$1,365,130$1,219,048$1,581,089
57$2,148,272$1,402,608$1,230,472$1,652,131
58$2,337,055$1,440,995$1,241,352$1,728,238
59$2,544,138$1,480,307$1,251,641$1,809,880
60$2,771,358$1,520,560$1,261,289$1,897,579
61$3,020,738$1,561,768$1,270,243$1,991,906
62$3,294,505$1,603,947$1,278,448$2,093,493
63$3,595,114$1,647,110$1,285,846$2,203,032
64$3,925,270$1,691,273$1,292,376$2,321,289
65$4,287,950$1,736,448$1,297,973$2,449,106
66$4,686,437$1,782,649$1,302,571$2,587,412
67$5,124,344$1,829,889$1,306,097$2,737,227
68$5,605,654$1,878,181$1,308,479$2,899,680
69$6,134,754$1,927,535$1,309,636$3,076,011
70$6,716,478$1,977,964$1,309,489$3,267,587
71$7,356,152$2,029,477$1,307,949$3,475,915
72$8,059,642$2,082,084$1,304,928$3,702,657
73$8,833,413$2,135,793$1,300,330$3,949,641
74$9,684,586$2,190,612$1,294,057$4,218,885
75$10,621,009$2,246,548$1,286,003$4,512,612
76$11,651,328$2,303,605$1,276,060$4,833,270
77$12,785,070$2,361,787$1,264,114$5,183,560
78$14,032,730$2,421,098$1,250,045$5,566,456
79$15,405,874$2,481,538$1,233,727$5,985,239
80$16,917,246$2,543,106$1,215,030$6,443,522
81$18,580,887$2,605,800$1,193,816$6,945,290
82$20,412,269$2,669,616$1,169,940$7,494,932
83$22,428,440$2,734,547$1,143,253$8,097,290
84$24,648,186$2,800,584$1,113,596$8,757,695
85$27,092,205$2,867,717$1,080,806$9,482,029
86$29,783,305$2,935,931$1,044,708$10,276,772
87$32,746,621$3,005,209$1,005,124$11,149,065
88$36,009,845$3,075,534$961,865$12,106,783
89$39,603,495$3,146,880$914,733$13,158,601
90$43,561,197$3,219,224$863,523$14,314,086
91$47,920,007$3,292,533$808,018$15,583,779
92$52,720,756$3,366,775$747,995$16,979,299
93$58,008,437$3,441,912$683,217$18,513,455
94$63,832,633$3,517,900$613,440$20,200,363
95$70,247,977$3,594,693$538,406$22,055,582
96$77,314,675$3,672,238$457,847$24,096,261
97$85,099,071$3,750,476$371,484$26,341,303
98$93,674,272$3,829,345$279,024$28,811,542
99$103,120,839$3,908,774$180,163$31,529,940
100$113,527,547$3,988,687$74,580$34,521,806