Can I retire at age 50 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$136,255$135,042$133,858$132,702$131,573$130,362
2 years$67,453$66,197$64,979$63,799$62,654$61,434
3 years$44,522$43,260$42,046$40,877$39,750$38,559
4 years$33,059$31,801$30,599$29,449$28,350$27,196
5 years$26,183$24,932$23,746$22,620$21,551$20,439
6 years$21,600$20,359$19,190$18,089$17,053$15,983
7 years$18,328$17,098$15,947$14,872$13,869$12,842
8 years$15,875$14,656$13,524$12,476$11,505$10,522
9 years$13,968$12,761$11,649$10,627$9,689$8,748
10 years$12,444$11,248$10,156$9,160$8,256$7,357
11 years$11,197$10,013$8,941$7,972$7,100$6,243
12 years$10,159$8,987$7,935$6,993$6,153$5,336
13 years$9,281$8,122$7,089$6,174$5,365$4,589
14 years$8,530$7,383$6,370$5,480$4,703$3,965
15 years$7,879$6,744$5,751$4,887$4,141$3,441
16 years$7,310$6,188$5,214$4,376$3,660$2,996
17 years$6,809$5,699$4,745$3,932$3,245$2,617
18 years$6,363$5,266$4,331$3,543$2,885$2,291
19 years$5,966$4,880$3,965$3,202$2,572$2,011
20 years$5,608$4,535$3,639$2,900$2,297$1,768
21 years$5,285$4,224$3,347$2,632$2,056$1,557
22 years$4,991$3,943$3,085$2,393$1,843$1,373
23 years$4,724$3,688$2,848$2,179$1,654$1,212
24 years$4,479$3,455$2,634$1,988$1,487$1,072
25 years$4,254$3,243$2,440$1,815$1,338$948
26 years$4,047$3,048$2,263$1,660$1,205$840
27 years$3,855$2,868$2,101$1,519$1,086$744
28 years$3,677$2,703$1,953$1,392$980$660
29 years$3,512$2,550$1,818$1,276$885$585
30 years$3,359$2,408$1,693$1,171$800$520
31 years$3,215$2,276$1,578$1,076$723$461
32 years$3,081$2,154$1,473$989$654$410
33 years$2,955$2,040$1,375$909$592$364
34 years$2,837$1,933$1,285$837$536$324
35 years$2,725$1,834$1,201$770$485$288
36 years$2,621$1,740$1,124$709$440$256
37 years$2,522$1,653$1,052$653$399$228
38 years$2,428$1,571$985$602$361$203
39 years$2,340$1,494$923$555$328$181
40 years$2,256$1,421$865$512$297$161
41 years$2,176$1,353$811$473$270$143
42 years$2,101$1,288$761$436$245$127
43 years$2,029$1,228$714$403$222$113
44 years$1,960$1,170$670$372$202$101
45 years$1,895$1,116$629$343$183$90
46 years$1,833$1,064$591$317$166$80
47 years$1,774$1,016$555$293$151$71
48 years$1,717$970$522$271$137$64
49 years$1,663$926$490$250$124$57
50 years$1,611$885$461$231$113$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,650,000, adding $5,196 every year, while hoping to spend $30,121 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: 45/36/19 Blend
49$1,650,000$1,650,000$1,650,000$1,650,000
50$1,823,660$1,736,210$1,710,635$1,895,549
51$1,977,624$1,789,235$1,735,892$1,999,500
52$2,146,284$1,843,850$1,760,987$2,108,761
53$2,331,106$1,900,099$1,785,880$2,226,617
54$2,533,705$1,958,031$1,810,534$2,353,879
55$2,755,861$2,017,693$1,834,905$2,491,441
56$2,999,535$2,079,135$1,858,950$2,640,283
57$3,266,884$2,142,410$1,882,622$2,801,487
58$3,560,287$2,207,569$1,905,871$2,976,243
59$3,882,363$2,274,666$1,928,644$3,165,858
60$4,235,997$2,343,757$1,950,886$3,371,775
61$4,624,367$2,414,899$1,972,539$3,595,579
62$5,050,974$2,488,151$1,993,540$3,839,016
63$5,519,674$2,563,572$2,013,826$4,104,009
64$6,034,718$2,641,224$2,033,326$4,392,675
65$6,600,785$2,721,170$2,051,968$4,707,345
66$7,223,033$2,803,475$2,069,676$5,050,586
67$7,907,142$2,888,205$2,086,371$5,425,224
68$8,659,373$2,975,429$2,101,966$5,834,372
69$9,486,620$3,065,216$2,116,373$6,281,460
70$10,396,483$3,157,639$2,129,499$6,770,264
71$11,397,331$3,252,771$2,141,245$7,304,944
72$12,498,389$3,350,687$2,151,507$7,890,082
73$13,709,819$3,451,464$2,160,176$8,530,726
74$15,042,817$3,555,183$2,167,138$9,232,434
75$16,509,721$3,661,923$2,172,274$10,001,334
76$18,124,124$3,771,769$2,175,456$10,844,172
77$19,901,004$3,884,805$2,176,554$11,768,382
78$21,856,864$4,001,118$2,175,426$12,782,155
79$24,009,890$4,120,799$2,171,929$13,894,513
80$26,380,119$4,243,938$2,165,909$15,115,398
81$28,989,630$4,370,630$2,157,205$16,455,762
82$31,862,751$4,500,969$2,145,650$17,927,674
83$35,026,290$4,635,055$2,131,068$19,544,431
84$38,509,786$4,772,988$2,113,273$21,320,682
85$42,345,790$4,914,870$2,092,074$23,272,570
86$46,570,168$5,060,806$2,067,266$25,417,881
87$51,222,444$5,210,904$2,038,638$27,776,215
88$56,346,169$5,365,274$2,005,968$30,369,167
89$61,989,333$5,524,027$1,969,022$33,220,531
90$68,204,819$5,687,279$1,927,559$36,356,528
91$75,050,901$5,855,146$1,881,323$39,806,051
92$82,591,793$6,027,748$1,830,047$43,600,936
93$90,898,256$6,205,207$1,773,453$47,776,265
94$100,048,263$6,387,648$1,711,249$52,370,696
95$110,127,741$6,575,197$1,643,131$57,426,827
96$121,231,374$6,767,985$1,568,779$62,991,599
97$133,463,501$6,966,144$1,487,861$69,116,739
98$146,939,101$7,169,808$1,400,027$75,859,247
99$161,784,876$7,379,114$1,304,914$83,281,935
100$178,140,446$7,594,203$1,202,141$91,454,021