Can I retire at age 50 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$126,346$125,221$124,123$123,051$122,004$117,863
2 years$62,548$61,383$60,254$59,159$58,097$53,967
3 years$41,284$40,114$38,988$37,904$36,859$32,869
4 years$30,655$29,488$28,373$27,308$26,288$22,469
5 years$24,278$23,119$22,019$20,975$19,984$16,345
6 years$20,029$18,878$17,795$16,774$15,813$12,358
7 years$16,995$15,854$14,787$13,791$12,860$9,588
8 years$14,721$13,590$12,541$11,569$10,669$7,577
9 years$12,952$11,832$10,801$9,854$8,984$6,070
10 years$11,539$10,430$9,417$8,494$7,655$4,913
11 years$10,383$9,285$8,291$7,392$6,584$4,009
12 years$9,420$8,334$7,358$6,484$5,705$3,291
13 years$8,606$7,531$6,574$5,725$4,975$2,716
14 years$7,910$6,846$5,906$5,082$4,361$2,250
15 years$7,306$6,254$5,333$4,532$3,840$1,870
16 years$6,778$5,738$4,835$4,058$3,394$1,559
17 years$6,313$5,284$4,399$3,646$3,009$1,302
18 years$5,901$4,883$4,016$3,286$2,676$1,089
19 years$5,532$4,525$3,677$2,969$2,385$913
20 years$5,200$4,205$3,374$2,689$2,130$766
21 years$4,900$3,917$3,104$2,440$1,906$643
22 years$4,628$3,656$2,860$2,219$1,709$541
23 years$4,380$3,420$2,641$2,021$1,534$455
24 years$4,153$3,204$2,443$1,843$1,379$383
25 years$3,945$3,007$2,262$1,683$1,241$323
26 years$3,752$2,826$2,098$1,539$1,117$272
27 years$3,575$2,660$1,948$1,409$1,007$229
28 years$3,410$2,506$1,811$1,291$909$193
29 years$3,257$2,364$1,686$1,184$821$163
30 years$3,114$2,233$1,570$1,086$742$138
31 years$2,981$2,111$1,464$998$671$116
32 years$2,857$1,997$1,366$917$607$98
33 years$2,740$1,891$1,275$843$549$83
34 years$2,630$1,793$1,191$776$497$70
35 years$2,527$1,700$1,114$714$450$59
36 years$2,430$1,614$1,042$658$408$50
37 years$2,338$1,533$975$606$370$42
38 years$2,252$1,457$913$559$335$35
39 years$2,170$1,385$856$515$304$30
40 years$2,092$1,318$802$475$276$25
41 years$2,018$1,254$752$438$250$21
42 years$1,948$1,195$705$404$227$18
43 years$1,881$1,138$662$373$206$15
44 years$1,818$1,085$621$345$187$13
45 years$1,757$1,035$583$318$170$11
46 years$1,700$987$548$294$154$9
47 years$1,645$942$515$272$140$8
48 years$1,592$899$484$251$127$7
49 years$1,542$859$455$232$115$6
50 years$1,494$820$428$214$105$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,530,000, adding $5,985 every year, while hoping to spend $30,350 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: 32/47/21 Blend
49$1,530,000$1,530,000$1,530,000$1,530,000
50$1,692,234$1,611,144$1,587,429$1,735,232
51$1,832,549$1,657,797$1,608,315$1,814,660
52$1,986,160$1,705,720$1,628,884$1,896,984
53$2,154,390$1,754,942$1,649,093$1,985,028
54$2,338,696$1,805,493$1,668,897$2,079,312
55$2,540,686$1,857,405$1,688,248$2,180,405
56$2,762,127$1,910,709$1,707,095$2,288,937
57$3,004,967$1,965,437$1,725,386$2,405,599
58$3,271,352$2,021,621$1,743,065$2,531,152
59$3,563,644$2,079,295$1,760,072$2,666,431
60$3,884,447$2,138,491$1,776,345$2,812,357
61$4,236,626$2,199,243$1,791,818$2,969,945
62$4,623,341$2,261,585$1,806,423$3,140,309
63$5,048,070$2,325,550$1,820,086$3,324,678
64$5,514,645$2,391,175$1,832,731$3,524,402
65$6,027,288$2,458,492$1,844,277$3,740,972
66$6,590,652$2,527,538$1,854,640$3,976,025
67$7,209,858$2,598,347$1,863,731$4,231,368
68$7,890,552$2,670,955$1,871,455$4,508,987
69$8,638,954$2,745,397$1,877,714$4,811,073
70$9,461,916$2,821,710$1,882,406$5,140,036
71$10,366,985$2,899,928$1,885,420$5,498,533
72$11,362,481$2,980,087$1,886,645$5,889,489
73$12,457,566$3,062,223$1,885,959$6,316,129
74$13,662,337$3,146,372$1,883,238$6,782,003
75$14,987,919$3,232,567$1,878,350$7,291,023
76$16,446,569$3,320,845$1,871,157$7,847,498
77$18,051,792$3,411,240$1,861,515$8,456,177
78$19,818,470$3,503,787$1,849,271$9,122,292
79$21,762,999$3,598,517$1,834,266$9,851,607
80$23,903,446$3,695,466$1,816,335$10,650,473
81$26,259,719$3,794,664$1,795,303$11,525,888
82$28,853,751$3,896,144$1,770,988$12,485,565
83$31,709,715$3,999,936$1,743,197$13,538,000
84$34,854,243$4,106,070$1,711,731$14,692,556
85$38,316,682$4,214,574$1,676,380$15,959,551
86$42,129,370$4,325,474$1,636,925$17,350,355
87$46,327,940$4,438,797$1,593,136$18,877,495
88$50,951,657$4,554,565$1,544,774$20,554,779
89$56,043,790$4,672,802$1,491,587$22,397,420
90$61,652,014$4,793,527$1,433,313$24,422,185
91$67,828,867$4,916,758$1,369,677$26,647,550
92$74,632,243$5,042,510$1,300,392$29,093,875
93$82,125,935$5,170,796$1,225,158$31,783,599
94$90,380,241$5,301,627$1,143,662$34,741,448
95$99,472,627$5,435,007$1,055,576$37,994,671
96$109,488,454$5,570,942$960,557$41,573,300
97$120,521,789$5,709,431$858,248$45,510,427
98$132,676,287$5,850,469$748,276$49,842,523
99$146,066,175$5,994,048$630,249$54,609,781
100$160,817,324$6,140,156$503,762$59,856,491