Can I retire at age 50 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$142,862$141,589$140,348$139,136$137,953$134,128
2 years$70,724$69,406$68,130$66,892$65,692$61,867
3 years$46,681$45,358$44,085$42,859$41,678$37,973
4 years$34,662$33,343$32,082$30,877$29,725$26,168
5 years$27,452$26,141$24,897$23,717$22,596$19,198
6 years$22,647$21,346$20,121$18,966$17,880$14,642
7 years$19,217$17,927$16,720$15,593$14,541$11,464
8 years$16,645$15,366$14,180$13,081$12,063$9,146
9 years$14,646$13,379$12,213$11,142$10,159$7,399
10 years$13,047$11,793$10,648$9,604$8,656$6,049
11 years$11,740$10,499$9,374$8,359$7,444$4,986
12 years$10,652$9,423$8,319$7,332$6,451$4,137
13 years$9,732$8,516$7,433$6,473$5,626$3,451
14 years$8,943$7,741$6,678$5,746$4,931$2,891
15 years$8,261$7,071$6,030$5,124$4,342$2,430
16 years$7,665$6,488$5,467$4,588$3,837$2,049
17 years$7,139$5,975$4,975$4,123$3,402$1,732
18 years$6,672$5,521$4,541$3,715$3,025$1,466
19 years$6,255$5,117$4,157$3,357$2,697$1,244
20 years$5,880$4,755$3,815$3,040$2,409$1,057
21 years$5,541$4,429$3,509$2,759$2,155$898
22 years$5,233$4,134$3,234$2,509$1,932$765
23 years$4,953$3,867$2,986$2,285$1,734$652
24 years$4,696$3,623$2,762$2,084$1,559$556
25 years$4,460$3,400$2,558$1,903$1,403$474
26 years$4,243$3,195$2,372$1,740$1,264$405
27 years$4,042$3,007$2,203$1,593$1,139$346
28 years$3,856$2,834$2,048$1,459$1,028$295
29 years$3,683$2,673$1,906$1,338$928$252
30 years$3,522$2,525$1,775$1,228$839$216
31 years$3,371$2,387$1,655$1,128$758$184
32 years$3,230$2,258$1,544$1,037$686$158
33 years$3,098$2,139$1,442$953$621$135
34 years$2,974$2,027$1,347$877$562$115
35 years$2,858$1,922$1,259$807$509$99
36 years$2,748$1,825$1,178$744$461$84
37 years$2,644$1,733$1,103$685$418$72
38 years$2,546$1,647$1,033$632$379$62
39 years$2,453$1,566$968$582$344$53
40 years$2,365$1,490$907$537$312$45
41 years$2,282$1,418$850$496$283$39
42 years$2,203$1,351$798$457$257$33
43 years$2,127$1,287$748$422$233$28
44 years$2,055$1,227$703$390$211$24
45 years$1,987$1,170$660$360$192$21
46 years$1,922$1,116$620$333$174$18
47 years$1,860$1,065$582$307$158$15
48 years$1,800$1,017$547$284$144$13
49 years$1,743$971$514$262$130$11
50 years$1,689$927$483$242$119$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,730,000, adding $3,070 every year, while hoping to spend $55,208 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: 77/13/10 Blend
49$1,730,000$1,730,000$1,730,000$1,730,000
50$1,909,627$1,817,937$1,791,122$2,053,140
51$2,045,668$1,848,275$1,792,383$2,178,307
52$2,193,735$1,878,249$1,791,837$2,308,143
53$2,354,996$1,907,783$1,789,364$2,448,919
54$2,530,737$1,936,796$1,784,839$2,601,705
55$2,722,372$1,965,200$1,778,132$2,767,675
56$2,931,460$1,992,900$1,769,105$2,948,124
57$3,159,715$2,019,798$1,757,615$3,144,478
58$3,409,022$2,045,784$1,743,512$3,358,308
59$3,681,460$2,070,745$1,726,637$3,591,346
60$3,979,314$2,094,558$1,706,825$3,845,496
61$4,305,105$2,117,091$1,683,904$4,122,862
62$4,661,602$2,138,205$1,657,691$4,425,757
63$5,051,860$2,157,752$1,627,998$4,756,733
64$5,479,239$2,175,571$1,594,626$5,118,599
65$5,947,441$2,191,494$1,557,366$5,514,453
66$6,460,544$2,205,341$1,516,002$5,947,707
67$7,023,038$2,216,921$1,470,305$6,422,121
68$7,639,866$2,226,028$1,420,039$6,941,840
69$8,316,476$2,232,447$1,364,954$7,511,429
70$9,058,866$2,235,947$1,304,789$8,135,922
71$9,873,644$2,236,282$1,239,274$8,820,863
72$10,768,090$2,233,194$1,168,123$9,572,365
73$11,750,219$2,226,405$1,091,040$10,397,162
74$12,828,866$2,215,623$1,007,714$11,302,678
75$14,013,758$2,200,536$917,820$12,297,091
76$15,315,614$2,180,815$821,020$13,389,418
77$16,746,241$2,156,110$716,959$14,589,594
78$18,318,649$2,126,050$605,267$15,908,568
79$20,047,167$2,090,242$485,560$17,358,407
80$21,947,584$2,048,270$357,432$18,952,410
81$24,037,295$1,999,693$220,464$20,705,235
82$26,335,466$1,944,044$74,216$22,633,035
83$28,863,210$1,880,829$0$24,753,613
84$31,643,792$1,809,525$0$27,095,322
85$34,702,845$1,729,577$0$29,680,070
86$38,068,609$1,640,401$0$32,523,815
87$41,772,203$1,541,376$0$35,652,875
88$45,847,912$1,431,848$0$39,096,256
89$50,333,514$1,311,124$0$42,885,918
90$55,270,635$1,178,471$0$47,057,082
91$60,705,140$1,033,117$0$51,648,561
92$66,687,567$874,242$0$56,703,127
93$73,273,602$700,983$0$62,267,914
94$80,524,606$512,427$0$68,394,865
95$88,508,190$307,611$0$75,141,219
96$97,298,858$85,516$0$82,570,056
97$106,978,702$0$0$90,750,888
98$117,638,185$0$0$99,782,485
99$129,376,986$0$0$109,742,124
100$142,304,946$0$0$120,710,773