Can I retire at age 50 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$145,339$144,045$142,781$141,549$140,345$136,234
2 years$71,950$70,610$69,311$68,052$66,831$62,723
3 years$47,490$46,144$44,849$43,602$42,400$38,424
4 years$35,263$33,921$32,639$31,413$30,240$26,425
5 years$27,928$26,595$25,329$24,128$22,988$19,346
6 years$23,040$21,716$20,470$19,295$18,190$14,723
7 years$19,550$18,237$17,010$15,864$14,793$11,501
8 years$16,933$15,633$14,426$13,308$12,272$9,154
9 years$14,900$13,611$12,425$11,335$10,335$7,387
10 years$13,273$11,998$10,833$9,771$8,806$6,024
11 years$11,944$10,681$9,537$8,504$7,573$4,953
12 years$10,836$9,586$8,464$7,459$6,563$4,099
13 years$9,900$8,663$7,562$6,585$5,723$3,410
14 years$9,099$7,875$6,794$5,846$5,017$2,849
15 years$8,404$7,194$6,134$5,213$4,417$2,388
16 years$7,797$6,600$5,562$4,668$3,904$2,008
17 years$7,263$6,078$5,061$4,194$3,461$1,692
18 years$6,788$5,617$4,620$3,780$3,078$1,428
19 years$6,363$5,206$4,229$3,415$2,743$1,208
20 years$5,982$4,837$3,881$3,093$2,450$1,023
21 years$5,637$4,506$3,570$2,807$2,193$867
22 years$5,324$4,206$3,290$2,552$1,966$736
23 years$5,039$3,934$3,038$2,325$1,764$625
24 years$4,777$3,686$2,810$2,120$1,586$531
25 years$4,538$3,459$2,602$1,936$1,427$452
26 years$4,316$3,251$2,414$1,770$1,285$384
27 years$4,112$3,059$2,241$1,620$1,159$327
28 years$3,923$2,883$2,084$1,485$1,046$279
29 years$3,747$2,720$1,939$1,361$944$237
30 years$3,583$2,568$1,806$1,250$853$202
31 years$3,429$2,428$1,684$1,148$771$172
32 years$3,286$2,297$1,571$1,055$698$147
33 years$3,152$2,176$1,467$970$631$125
34 years$3,026$2,062$1,370$892$572$107
35 years$2,907$1,956$1,281$821$518$91
36 years$2,795$1,856$1,199$757$469$78
37 years$2,690$1,763$1,122$697$425$66
38 years$2,590$1,676$1,051$642$386$56
39 years$2,496$1,593$984$592$350$48
40 years$2,406$1,516$923$546$317$41
41 years$2,321$1,443$865$504$288$35
42 years$2,241$1,374$811$465$261$30
43 years$2,164$1,309$761$429$237$25
44 years$2,091$1,248$715$397$215$22
45 years$2,022$1,190$671$366$195$19
46 years$1,955$1,135$630$338$177$16
47 years$1,892$1,083$592$313$161$14
48 years$1,832$1,034$557$289$146$12
49 years$1,774$988$523$267$133$10
50 years$1,718$944$492$247$121$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,760,000, adding $4,433 every year, while hoping to spend $51,893 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: 47/42/11 Blend
49$1,760,000$1,760,000$1,760,000$1,760,000
50$1,944,093$1,850,813$1,823,533$2,029,333
51$2,087,176$1,886,289$1,829,407$2,124,056
52$2,243,115$1,921,764$1,833,739$2,221,071
53$2,413,166$1,957,183$1,836,423$2,325,187
54$2,598,712$1,992,488$1,837,345$2,437,081
55$2,801,274$2,027,613$1,836,390$2,557,501
56$3,022,528$2,062,491$1,833,434$2,687,270
57$3,264,320$2,097,047$1,828,348$2,827,297
58$3,528,679$2,131,201$1,820,996$2,978,582
59$3,817,843$2,164,868$1,811,237$3,142,231
60$4,134,271$2,197,955$1,798,922$3,319,460
61$4,480,677$2,230,364$1,783,896$3,511,614
62$4,860,044$2,261,990$1,765,994$3,720,173
63$5,275,660$2,292,719$1,745,047$3,946,771
64$5,731,145$2,322,431$1,720,874$4,193,210
65$6,230,487$2,350,995$1,693,289$4,461,476
66$6,778,077$2,378,274$1,662,094$4,753,761
67$7,378,752$2,404,121$1,627,085$5,072,482
68$8,037,839$2,428,377$1,588,047$5,420,304
69$8,761,206$2,450,875$1,544,754$5,800,168
70$9,555,317$2,471,436$1,496,971$6,215,316
71$10,427,292$2,489,869$1,444,453$6,669,324
72$11,384,975$2,505,971$1,386,940$7,166,135
73$12,437,005$2,519,526$1,324,166$7,710,101
74$13,592,901$2,530,305$1,255,847$8,306,016
75$14,863,150$2,538,063$1,181,691$8,959,172
76$16,259,302$2,542,539$1,101,389$9,675,403
77$17,794,086$2,543,458$1,014,620$10,461,142
78$19,481,522$2,540,527$921,049$11,323,485
79$21,337,059$2,533,434$820,326$12,270,256
80$23,377,715$2,521,849$712,083$13,310,083
81$25,622,244$2,505,421$595,939$14,452,481
82$28,091,304$2,483,778$471,494$15,707,942
83$30,807,659$2,456,525$338,332$17,088,034
84$33,796,391$2,423,245$196,016$18,605,514
85$37,085,133$2,383,494$44,093$20,274,450
86$40,704,334$2,336,804$0$22,110,351
87$44,687,544$2,282,675$0$24,144,173
88$49,071,730$2,220,582$0$26,387,341
89$53,897,624$2,149,968$0$28,855,526
90$59,210,106$2,070,242$0$31,571,713
91$65,058,632$1,980,779$0$34,561,241
92$71,497,695$1,880,919$0$37,852,043
93$78,587,339$1,769,963$0$41,474,911
94$86,393,728$1,647,171$0$45,463,787
95$94,989,769$1,511,764$0$49,856,089
96$104,455,798$1,362,913$0$54,693,061
97$114,880,340$1,199,747$0$60,020,170
98$126,360,942$1,021,342$0$65,887,530
99$139,005,094$826,723$0$72,350,388
100$152,931,243$614,861$0$79,469,635