Can I retire at age 50 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$115,611$114,581$113,576$112,596$111,638$111,074
2 years$57,233$56,167$55,134$54,132$53,161$52,592
3 years$37,776$36,706$35,675$34,683$33,727$33,171
4 years$28,050$26,983$25,963$24,987$24,055$23,515
5 years$22,216$21,155$20,148$19,193$18,286$17,764
6 years$18,327$17,274$16,283$15,349$14,469$13,966
7 years$15,551$14,507$13,531$12,619$11,767$11,284
8 years$13,470$12,435$11,475$10,586$9,762$9,298
9 years$11,852$10,827$9,884$9,017$8,221$7,776
10 years$10,558$9,544$8,617$7,772$7,005$6,579
11 years$9,501$8,496$7,586$6,764$6,024$5,617
12 years$8,620$7,626$6,732$5,933$5,221$4,831
13 years$7,875$6,891$6,015$5,238$4,552$4,181
14 years$7,237$6,264$5,405$4,650$3,991$3,637
15 years$6,685$5,722$4,880$4,147$3,514$3,177
16 years$6,203$5,250$4,424$3,713$3,105$2,786
17 years$5,777$4,835$4,026$3,336$2,753$2,450
18 years$5,399$4,468$3,675$3,007$2,448$2,160
19 years$5,062$4,141$3,364$2,717$2,182$1,909
20 years$4,758$3,848$3,088$2,460$1,949$1,691
21 years$4,484$3,584$2,840$2,233$1,744$1,500
22 years$4,235$3,346$2,617$2,030$1,563$1,333
23 years$4,008$3,129$2,417$1,849$1,403$1,186
24 years$3,800$2,932$2,235$1,686$1,261$1,056
25 years$3,609$2,751$2,070$1,540$1,135$942
26 years$3,434$2,586$1,920$1,408$1,022$840
27 years$3,271$2,434$1,783$1,289$922$751
28 years$3,120$2,293$1,657$1,181$832$671
29 years$2,980$2,163$1,542$1,083$751$600
30 years$2,850$2,043$1,437$994$679$537
31 years$2,728$1,931$1,339$913$614$481
32 years$2,614$1,827$1,250$839$555$431
33 years$2,507$1,731$1,167$771$502$386
34 years$2,407$1,640$1,090$710$455$346
35 years$2,312$1,556$1,019$653$412$310
36 years$2,224$1,477$953$602$373$278
37 years$2,140$1,402$892$554$338$250
38 years$2,060$1,333$836$511$307$224
39 years$1,985$1,267$783$471$278$201
40 years$1,914$1,206$734$435$252$181
41 years$1,847$1,148$688$401$229$162
42 years$1,782$1,093$646$370$208$146
43 years$1,721$1,042$606$342$188$131
44 years$1,663$993$569$315$171$118
45 years$1,608$947$534$291$155$106
46 years$1,555$903$501$269$141$95
47 years$1,505$862$471$249$128$85
48 years$1,457$823$443$230$116$77
49 years$1,411$786$416$212$106$69
50 years$1,367$751$391$196$96$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,400,000, adding $6,872 every year, while hoping to spend $58,738 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: 52/20/28 Blend
49$1,400,000$1,400,000$1,400,000$1,400,000
50$1,549,888$1,475,688$1,453,988$1,617,991
51$1,645,480$1,485,500$1,440,200$1,675,863
52$1,748,854$1,493,825$1,423,982$1,732,295
53$1,860,741$1,500,526$1,405,189$1,792,525
54$1,981,946$1,505,461$1,383,672$1,856,941
55$2,113,353$1,508,477$1,359,274$1,925,971
56$2,255,935$1,509,413$1,331,829$2,000,091
57$2,410,761$1,508,095$1,301,167$2,079,829
58$2,579,009$1,504,341$1,267,106$2,165,769
59$2,761,972$1,497,958$1,229,458$2,258,557
60$2,961,074$1,488,739$1,188,025$2,358,909
61$3,177,882$1,476,465$1,142,603$2,467,617
62$3,414,119$1,460,906$1,092,974$2,585,558
63$3,671,684$1,441,815$1,038,913$2,713,704
64$3,952,665$1,418,933$980,185$2,853,128
65$4,259,359$1,391,983$916,544$3,005,018
66$4,594,297$1,360,673$847,731$3,170,689
67$4,960,263$1,324,695$773,479$3,351,593
68$5,360,325$1,283,720$693,505$3,549,339
69$5,797,858$1,237,402$607,517$3,765,703
70$6,276,579$1,185,373$515,208$4,002,649
71$6,800,580$1,127,247$416,258$4,262,350
72$7,374,369$1,062,612$310,332$4,547,205
73$8,002,908$991,034$197,082$4,859,867
74$8,691,664$912,053$76,144$5,203,265
75$9,446,655$825,185$0$5,580,638
76$10,274,511$729,917$0$6,011,373
77$11,182,534$625,705$0$6,508,915
78$12,178,766$511,978$0$7,054,978
79$13,272,065$388,130$0$7,654,511
80$14,472,190$253,523$0$8,312,971
81$15,789,888$107,480$0$9,036,374
82$17,236,999$0$0$9,831,355
83$18,826,567$0$0$10,716,388
84$20,572,960$0$0$11,714,873
85$22,492,006$0$0$12,812,225
86$24,601,144$0$0$14,018,432
87$26,919,586$0$0$15,344,503
88$29,468,496$0$0$16,802,563
89$32,271,192$0$0$18,405,973
90$35,353,366$0$0$20,169,450
91$38,743,324$0$0$22,109,214
92$42,472,250$0$0$24,243,132
93$46,574,505$0$0$26,590,890
94$51,087,949$0$0$29,174,182
95$56,054,293$0$0$32,016,906
96$61,519,498$0$0$35,145,397
97$67,534,206$0$0$38,588,672
98$74,154,215$0$0$42,378,701
99$81,441,008$0$0$46,550,714
100$89,462,331$0$0$51,143,528