Can I retire at age 50 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$111,482$110,489$109,520$108,574$107,651$105,955
2 years$55,189$54,161$53,165$52,199$51,262$49,558
3 years$36,427$35,395$34,401$33,445$32,523$30,863
4 years$27,048$26,019$25,035$24,095$23,196$21,593
5 years$21,422$20,399$19,428$18,507$17,633$16,093
6 years$17,673$16,657$15,701$14,800$13,952$12,476
7 years$14,996$13,989$13,048$12,168$11,347$9,935
8 years$12,989$11,991$11,065$10,208$9,413$8,066
9 years$11,429$10,440$9,531$8,695$7,927$6,643
10 years$10,181$9,203$8,309$7,495$6,755$5,533
11 years$9,161$8,193$7,315$6,523$5,809$4,649
12 years$8,312$7,353$6,492$5,721$5,034$3,933
13 years$7,594$6,645$5,800$5,051$4,390$3,347
14 years$6,979$6,040$5,211$4,484$3,848$2,862
15 years$6,446$5,518$4,705$3,999$3,388$2,456
16 years$5,981$5,063$4,266$3,580$2,994$2,115
17 years$5,571$4,662$3,882$3,217$2,655$1,827
18 years$5,206$4,308$3,544$2,899$2,361$1,581
19 years$4,881$3,993$3,244$2,620$2,104$1,372
20 years$4,588$3,710$2,977$2,373$1,880$1,192
21 years$4,324$3,456$2,738$2,153$1,682$1,037
22 years$4,084$3,226$2,524$1,958$1,508$903
23 years$3,865$3,017$2,330$1,783$1,353$788
24 years$3,665$2,827$2,155$1,626$1,216$688
25 years$3,481$2,653$1,996$1,485$1,095$601
26 years$3,311$2,493$1,851$1,358$986$526
27 years$3,154$2,347$1,719$1,243$889$460
28 years$3,009$2,211$1,598$1,139$802$403
29 years$2,874$2,086$1,487$1,044$724$353
30 years$2,748$1,970$1,385$958$654$309
31 years$2,631$1,862$1,291$880$592$271
32 years$2,521$1,762$1,205$809$535$237
33 years$2,418$1,669$1,125$744$484$208
34 years$2,321$1,582$1,051$684$439$183
35 years$2,230$1,500$983$630$397$160
36 years$2,144$1,424$919$580$360$141
37 years$2,063$1,352$861$535$326$123
38 years$1,987$1,285$806$493$296$108
39 years$1,914$1,222$755$454$268$95
40 years$1,846$1,163$708$419$243$84
41 years$1,781$1,107$664$387$221$73
42 years$1,719$1,054$622$357$200$64
43 years$1,660$1,004$584$329$182$57
44 years$1,604$957$548$304$165$50
45 years$1,551$913$515$281$150$44
46 years$1,500$871$484$259$136$38
47 years$1,451$831$454$240$123$34
48 years$1,405$793$427$222$112$30
49 years$1,361$758$401$205$102$26
50 years$1,318$724$377$189$92$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,350,000, adding $4,804 every year, while hoping to spend $26,121 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: 79/16/5 Blend
49$1,350,000$1,350,000$1,350,000$1,350,000
50$1,492,655$1,421,105$1,400,180$1,609,902
51$1,617,114$1,462,947$1,419,294$1,729,214
52$1,753,391$1,505,963$1,438,172$1,856,129
53$1,902,666$1,550,184$1,456,780$1,994,549
54$2,066,235$1,595,641$1,475,079$2,145,609
55$2,245,528$1,642,364$1,493,031$2,310,553
56$2,442,118$1,690,385$1,510,593$2,490,757
57$2,657,737$1,739,738$1,527,721$2,687,731
58$2,894,295$1,790,453$1,544,369$2,903,141
59$3,153,894$1,842,567$1,560,486$3,138,820
60$3,438,850$1,896,111$1,576,021$3,396,788
61$3,751,714$1,951,122$1,590,920$3,679,269
62$4,095,297$2,007,635$1,605,123$3,988,712
63$4,472,693$2,065,686$1,618,571$4,327,815
64$4,887,314$2,125,311$1,631,200$4,699,550
65$5,342,916$2,186,547$1,642,941$5,107,191
66$5,843,638$2,249,432$1,653,724$5,554,343
67$6,394,040$2,314,005$1,663,474$6,044,979
68$6,999,145$2,380,304$1,672,113$6,583,474
69$7,664,487$2,448,368$1,679,558$7,174,650
70$8,396,164$2,518,237$1,685,723$7,823,817
71$9,200,893$2,589,952$1,690,516$8,536,825
72$10,086,078$2,663,553$1,693,841$9,320,120
73$11,059,872$2,739,081$1,695,599$10,180,805
74$12,131,261$2,816,578$1,695,684$11,126,702
75$13,310,145$2,896,086$1,693,985$12,166,433
76$14,607,432$2,977,646$1,690,386$13,309,494
77$16,035,142$3,061,303$1,684,765$14,566,351
78$17,606,517$3,147,097$1,676,995$15,948,534
79$19,336,150$3,235,073$1,666,943$17,468,747
80$21,240,119$3,325,274$1,654,467$19,140,987
81$23,336,141$3,417,742$1,639,422$20,980,678
82$25,643,738$3,512,521$1,621,653$23,004,815
83$28,184,419$3,609,655$1,600,998$25,232,123
84$30,981,888$3,709,187$1,577,290$27,683,237
85$34,062,263$3,811,159$1,550,351$30,380,892
86$37,454,323$3,915,615$1,519,997$33,350,141
87$41,189,781$4,022,597$1,486,034$36,618,591
88$45,303,582$4,132,148$1,448,260$40,216,659
89$49,834,233$4,244,308$1,406,462$44,177,867
90$54,824,165$4,359,119$1,360,418$48,539,149
91$60,320,135$4,476,622$1,309,898$53,341,206
92$66,373,668$4,596,855$1,254,658$58,628,889
93$73,041,538$4,719,857$1,194,446$64,451,618
94$80,386,311$4,845,666$1,128,996$70,863,854
95$88,476,928$4,974,317$1,058,031$77,925,608
96$97,389,362$5,105,846$981,261$85,703,012
97$107,207,329$5,240,284$898,386$94,268,938
98$118,023,083$5,377,665$809,088$103,703,689
99$129,938,282$5,518,015$713,037$114,095,755
100$143,064,953$5,661,364$609,890$125,542,651