Can I retire at age 50 with 1,140,000?

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 $1,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$94,140$93,302$92,483$91,685$90,905$90,257
2 years$46,604$45,736$44,895$44,079$43,288$42,634
3 years$30,761$29,889$29,050$28,242$27,464$26,825
4 years$22,841$21,972$21,141$20,347$19,587$18,968
5 years$18,090$17,226$16,406$15,628$14,890$14,292
6 years$14,924$14,066$13,259$12,498$11,782$11,207
7 years$12,663$11,813$11,018$10,275$9,582$9,029
8 years$10,968$10,126$9,344$8,620$7,949$7,419
9 years$9,651$8,816$8,048$7,342$6,694$6,187
10 years$8,597$7,771$7,017$6,329$5,704$5,218
11 years$7,736$6,918$6,177$5,508$4,906$4,442
12 years$7,019$6,209$5,482$4,831$4,251$3,809
13 years$6,413$5,612$4,898$4,265$3,707$3,286
14 years$5,893$5,101$4,401$3,786$3,250$2,849
15 years$5,444$4,660$3,973$3,377$2,861$2,480
16 years$5,051$4,275$3,602$3,023$2,529$2,167
17 years$4,704$3,937$3,278$2,717$2,242$1,899
18 years$4,397$3,638$2,992$2,448$1,994$1,669
19 years$4,122$3,372$2,739$2,212$1,777$1,470
20 years$3,874$3,133$2,514$2,004$1,587$1,297
21 years$3,651$2,918$2,313$1,818$1,420$1,146
22 years$3,448$2,724$2,131$1,653$1,273$1,015
23 years$3,264$2,548$1,968$1,506$1,143$899
24 years$3,094$2,387$1,820$1,373$1,027$798
25 years$2,939$2,240$1,686$1,254$924$709
26 years$2,796$2,106$1,563$1,147$833$630
27 years$2,664$1,982$1,452$1,050$751$561
28 years$2,541$1,867$1,350$962$677$499
29 years$2,427$1,762$1,256$882$612$445
30 years$2,321$1,664$1,170$809$553$396
31 years$2,221$1,573$1,091$743$500$353
32 years$2,129$1,488$1,018$683$452$315
33 years$2,042$1,409$950$628$409$281
34 years$1,960$1,336$888$578$370$251
35 years$1,883$1,267$830$532$335$224
36 years$1,811$1,202$776$490$304$200
37 years$1,742$1,142$727$451$275$179
38 years$1,678$1,085$681$416$250$160
39 years$1,616$1,032$638$384$226$143
40 years$1,559$982$598$354$205$128
41 years$1,504$935$560$327$186$114
42 years$1,451$890$526$301$169$102
43 years$1,402$848$493$278$153$91
44 years$1,354$808$463$257$139$82
45 years$1,309$771$435$237$126$73
46 years$1,267$735$408$219$115$65
47 years$1,226$702$384$202$104$59
48 years$1,186$670$360$187$95$52
49 years$1,149$640$339$173$86$47
50 years$1,113$611$319$160$78$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,140,000, adding $3,606 every year, while hoping to spend $27,744 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: 87/5/8 Blend
49$1,140,000$1,140,000$1,140,000$1,140,000
50$1,260,000$1,199,580$1,181,910$1,368,301
51$1,359,000$1,228,840$1,191,984$1,468,705
52$1,467,169$1,258,603$1,201,466$1,574,843
53$1,585,412$1,288,867$1,210,307$1,690,615
54$1,714,726$1,319,623$1,218,455$1,816,974
55$1,856,210$1,350,867$1,225,855$1,954,966
56$2,011,072$1,382,588$1,232,450$2,105,747
57$2,180,645$1,414,778$1,238,180$2,270,587
58$2,366,393$1,447,425$1,242,982$2,450,886
59$2,569,933$1,480,517$1,246,790$2,648,187
60$2,793,043$1,514,038$1,249,533$2,864,188
61$3,037,680$1,547,973$1,251,140$3,100,759
62$3,306,002$1,582,303$1,251,532$3,359,963
63$3,600,385$1,617,006$1,250,629$3,644,068
64$3,923,447$1,652,062$1,248,347$3,955,576
65$4,278,068$1,687,443$1,244,597$4,297,242
66$4,667,426$1,723,122$1,239,285$4,672,102
67$5,095,018$1,759,069$1,232,316$5,083,500
68$5,564,696$1,795,251$1,223,585$5,535,119
69$6,080,707$1,831,629$1,212,986$6,031,018
70$6,647,725$1,868,166$1,200,408$6,575,670
71$7,270,903$1,904,816$1,185,732$7,174,002
72$7,955,916$1,941,533$1,168,835$7,831,443
73$8,709,018$1,978,266$1,149,588$8,553,974
74$9,537,095$2,014,959$1,127,858$9,348,185
75$10,447,739$2,051,552$1,103,501$10,221,340
76$11,449,312$2,087,981$1,076,371$11,181,439
77$12,551,025$2,124,176$1,046,314$12,237,298
78$13,763,031$2,160,061$1,013,166$13,398,634
79$15,096,513$2,195,557$976,760$14,676,150
80$16,563,794$2,230,577$936,919$16,081,642
81$18,178,453$2,265,026$893,457$17,628,107
82$19,955,448$2,298,806$846,181$19,329,869
83$21,911,266$2,331,809$794,890$21,202,707
84$24,064,068$2,363,921$739,371$23,264,014
85$26,433,868$2,395,018$679,406$25,532,952
86$29,042,718$2,424,970$614,762$28,030,639
87$31,914,919$2,453,636$545,199$30,780,342
88$35,077,243$2,480,868$470,466$33,807,705
89$38,559,196$2,506,504$390,300$37,140,984
90$42,393,285$2,530,374$304,427$40,811,315
91$46,615,336$2,552,297$212,561$44,853,010
92$51,264,820$2,572,080$114,401$49,303,880
93$56,385,235$2,589,516$9,638$54,205,591
94$62,024,512$2,604,385$0$59,604,057
95$68,235,466$2,616,454$0$65,558,597
96$75,076,298$2,625,475$0$72,117,690
97$82,611,141$2,631,183$0$79,341,987
98$90,910,665$2,633,299$0$87,299,227
99$100,052,746$2,631,524$0$96,064,057
100$110,123,199$2,625,541$0$105,718,735