Can I retire at age 50 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$146,165$144,863$143,593$142,353$141,142$136,026
2 years$72,359$71,011$69,705$68,439$67,211$62,112
3 years$47,760$46,407$45,104$43,849$42,641$37,721
4 years$35,463$34,114$32,824$31,591$30,412$25,708
5 years$28,087$26,746$25,473$24,265$23,119$18,642
6 years$23,171$21,840$20,586$19,405$18,293$14,048
7 years$19,661$18,341$17,107$15,954$14,877$10,862
8 years$17,030$15,722$14,508$13,383$12,342$8,554
9 years$14,984$13,689$12,496$11,400$10,394$6,827
10 years$13,349$12,066$10,894$9,827$8,856$5,505
11 years$12,012$10,741$9,591$8,552$7,616$4,474
12 years$10,898$9,641$8,512$7,501$6,600$3,659
13 years$9,957$8,713$7,605$6,623$5,756$3,006
14 years$9,150$7,920$6,833$5,879$5,045$2,480
15 years$8,452$7,235$6,169$5,243$4,442$2,053
16 years$7,842$6,638$5,593$4,694$3,926$1,704
17 years$7,304$6,113$5,090$4,218$3,481$1,417
18 years$6,826$5,649$4,646$3,801$3,095$1,180
19 years$6,399$5,235$4,253$3,435$2,759$985
20 years$6,016$4,865$3,904$3,111$2,464$822
21 years$5,669$4,531$3,590$2,823$2,205$688
22 years$5,354$4,230$3,309$2,567$1,977$575
23 years$5,067$3,956$3,055$2,338$1,774$482
24 years$4,805$3,707$2,826$2,132$1,595$404
25 years$4,563$3,478$2,617$1,947$1,435$338
26 years$4,341$3,269$2,427$1,780$1,293$284
27 years$4,135$3,077$2,254$1,630$1,166$238
28 years$3,945$2,899$2,095$1,493$1,052$200
29 years$3,768$2,735$1,950$1,369$950$168
30 years$3,603$2,583$1,816$1,257$858$141
31 years$3,449$2,442$1,693$1,154$776$118
32 years$3,305$2,310$1,580$1,061$702$99
33 years$3,170$2,188$1,475$975$635$83
34 years$3,043$2,074$1,378$897$575$70
35 years$2,924$1,967$1,289$826$521$59
36 years$2,811$1,867$1,205$761$472$49
37 years$2,705$1,773$1,128$701$428$41
38 years$2,605$1,685$1,057$646$388$35
39 years$2,510$1,602$990$596$352$29
40 years$2,420$1,524$928$550$319$25
41 years$2,335$1,451$870$507$289$21
42 years$2,253$1,382$816$468$263$17
43 years$2,176$1,317$766$432$238$15
44 years$2,103$1,255$719$399$216$12
45 years$2,033$1,197$675$368$196$10
46 years$1,966$1,142$634$340$178$9
47 years$1,903$1,090$596$314$162$7
48 years$1,842$1,040$560$290$147$6
49 years$1,784$993$526$268$134$5
50 years$1,728$949$495$248$121$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,770,000, adding $4,936 every year, while hoping to spend $35,245 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: 76/12/12 Blend
49$1,770,000$1,770,000$1,770,000$1,770,000
50$1,955,631$1,861,821$1,834,386$2,099,302
51$2,117,605$1,915,550$1,858,338$2,248,416
52$2,294,920$1,970,731$1,881,911$2,406,893
53$2,489,101$2,027,396$1,905,055$2,579,634
54$2,701,833$2,085,582$1,927,717$2,768,045
55$2,934,966$2,145,322$1,949,842$2,973,677
56$3,190,542$2,206,652$1,971,371$3,198,234
57$3,470,807$2,269,608$1,992,242$3,443,595
58$3,778,236$2,334,225$2,012,389$3,711,830
59$4,115,556$2,400,542$2,031,743$4,005,219
60$4,485,768$2,468,594$2,050,232$4,326,270
61$4,892,180$2,538,419$2,067,779$4,677,751
62$5,338,435$2,610,054$2,084,302$5,062,706
63$5,828,547$2,683,538$2,099,718$5,484,492
64$6,366,937$2,758,909$2,113,936$5,946,805
65$6,958,474$2,836,206$2,126,863$6,453,717
66$7,608,525$2,915,466$2,138,399$7,009,715
67$8,322,999$2,996,729$2,148,440$7,619,741
68$9,108,410$3,080,034$2,156,878$8,289,241
69$9,971,932$3,165,419$2,163,597$9,024,214
70$10,921,468$3,252,924$2,168,477$9,831,270
71$11,965,728$3,342,587$2,171,391$10,717,693
72$13,114,305$3,434,447$2,172,206$11,691,506
73$14,377,772$3,528,543$2,170,782$12,761,551
74$15,767,776$3,624,912$2,166,974$13,937,570
75$17,297,149$3,723,593$2,160,628$15,230,296
76$18,980,031$3,824,622$2,151,582$16,651,556
77$20,832,003$3,928,037$2,139,668$18,214,384
78$22,870,229$4,033,873$2,124,710$19,933,139
79$25,113,626$4,142,166$2,106,521$21,823,643
80$27,583,035$4,252,951$2,084,908$23,903,334
81$30,301,419$4,366,261$2,059,667$26,191,422
82$33,294,084$4,482,127$2,030,586$28,709,078
83$36,588,910$4,600,581$1,997,441$31,479,632
84$40,216,622$4,721,653$1,959,998$34,528,789
85$44,211,074$4,845,370$1,918,014$37,884,876
86$48,609,568$4,971,758$1,871,233$41,579,108
87$53,453,212$5,100,842$1,819,387$45,645,881
88$58,787,299$5,232,643$1,762,196$50,123,099
89$64,661,742$5,367,181$1,699,368$55,052,532
90$71,131,540$5,504,473$1,630,596$60,480,205
91$78,257,297$5,644,532$1,555,562$66,456,841
92$86,105,797$5,787,370$1,473,929$73,038,330
93$94,750,632$5,932,994$1,385,348$80,286,265
94$104,272,893$6,081,408$1,289,455$88,268,520
95$114,761,943$6,232,612$1,185,867$97,059,887
96$126,316,253$6,386,601$1,074,184$106,742,790
97$139,044,332$6,543,366$953,991$117,408,055
98$153,065,756$6,702,893$824,852$129,155,774
99$168,512,291$6,865,163$686,312$142,096,244
100$185,529,137$7,030,149$537,896$156,351,013