Can I retire at age 50 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$146,991$145,681$144,404$143,157$141,940$140,399
2 years$72,768$71,412$70,099$68,826$67,590$66,039
3 years$48,030$46,669$45,359$44,097$42,882$41,368
4 years$35,663$34,307$33,010$31,770$30,584$29,119
5 years$28,246$26,897$25,617$24,402$23,249$21,838
6 years$23,302$21,963$20,702$19,515$18,396$17,041
7 years$19,772$18,445$17,204$16,044$14,961$13,661
8 years$17,126$15,810$14,590$13,459$12,412$11,167
9 years$15,069$13,766$12,566$11,464$10,453$9,263
10 years$13,424$12,134$10,956$9,882$8,906$7,771
11 years$12,079$10,802$9,645$8,600$7,660$6,578
12 years$10,960$9,695$8,560$7,544$6,638$5,609
13 years$10,013$8,762$7,648$6,660$5,788$4,811
14 years$9,202$7,964$6,871$5,912$5,074$4,146
15 years$8,500$7,275$6,204$5,272$4,467$3,588
16 years$7,886$6,675$5,625$4,721$3,948$3,116
17 years$7,345$6,148$5,118$4,242$3,501$2,714
18 years$6,865$5,681$4,672$3,823$3,113$2,369
19 years$6,436$5,265$4,277$3,454$2,774$2,073
20 years$6,050$4,892$3,926$3,128$2,478$1,817
21 years$5,701$4,557$3,611$2,839$2,218$1,596
22 years$5,384$4,254$3,328$2,581$1,988$1,403
23 years$5,096$3,978$3,073$2,351$1,784$1,235
24 years$4,832$3,728$2,842$2,144$1,604$1,088
25 years$4,589$3,498$2,632$1,958$1,443$960
26 years$4,366$3,288$2,441$1,790$1,300$847
27 years$4,159$3,094$2,267$1,639$1,172$749
28 years$3,967$2,916$2,107$1,502$1,058$662
29 years$3,789$2,750$1,961$1,377$955$585
30 years$3,623$2,598$1,827$1,264$863$518
31 years$3,468$2,456$1,703$1,161$780$458
32 years$3,324$2,323$1,589$1,067$706$406
33 years$3,188$2,200$1,483$981$639$360
34 years$3,060$2,085$1,386$902$578$319
35 years$2,940$1,978$1,296$831$524$282
36 years$2,827$1,877$1,212$765$475$250
37 years$2,720$1,783$1,135$705$430$222
38 years$2,619$1,695$1,063$650$390$197
39 years$2,524$1,611$995$599$354$175
40 years$2,434$1,533$933$553$321$155
41 years$2,348$1,459$875$510$291$137
42 years$2,266$1,390$821$471$264$122
43 years$2,189$1,324$770$434$240$108
44 years$2,115$1,262$723$401$217$96
45 years$2,045$1,204$679$370$197$85
46 years$1,978$1,148$638$342$179$76
47 years$1,914$1,096$599$316$163$67
48 years$1,852$1,046$563$292$148$60
49 years$1,794$999$529$270$134$53
50 years$1,738$954$497$250$122$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,780,000, adding $4,776 every year, while hoping to spend $21,818 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: 61/27/12 Blend
49$1,780,000$1,780,000$1,780,000$1,780,000
50$1,966,486$1,872,146$1,844,556$2,080,530
51$2,143,854$1,940,667$1,883,135$2,226,188
52$2,338,582$2,011,815$1,922,274$2,382,151
53$2,552,417$2,085,694$1,961,971$2,551,803
54$2,787,286$2,162,415$2,002,219$2,736,470
55$3,045,309$2,242,093$2,043,013$2,937,609
56$3,328,822$2,324,848$2,084,346$3,156,822
57$3,640,400$2,410,803$2,126,210$3,395,876
58$3,982,878$2,500,090$2,168,595$3,656,712
59$4,359,380$2,592,843$2,211,491$3,941,467
60$4,773,348$2,689,203$2,254,888$4,252,493
61$5,228,575$2,789,319$2,298,771$4,592,381
62$5,729,237$2,893,343$2,343,128$4,963,979
63$6,279,938$3,001,436$2,387,942$5,370,426
64$6,885,750$3,113,765$2,433,196$5,815,176
65$7,552,260$3,230,503$2,478,872$6,302,033
66$8,285,626$3,351,832$2,524,949$6,835,184
67$9,092,630$3,477,943$2,571,405$7,419,241
68$9,980,747$3,609,031$2,618,216$8,059,281
69$10,958,214$3,745,304$2,665,357$8,760,895
70$12,034,105$3,886,977$2,712,799$9,530,241
71$13,218,418$4,034,273$2,760,512$10,374,101
72$14,522,171$4,187,427$2,808,464$11,299,943
73$15,957,505$4,346,683$2,856,620$12,315,993
74$17,537,795$4,512,296$2,904,942$13,431,310
75$19,277,784$4,684,532$2,953,391$14,655,875
76$21,193,711$4,863,668$3,001,923$16,000,677
77$23,303,476$5,049,993$3,050,493$17,477,826
78$25,626,798$5,243,811$3,099,053$19,100,658
79$28,185,411$5,445,437$3,147,550$20,883,863
80$31,003,259$5,655,199$3,195,929$22,843,627
81$34,106,730$5,873,442$3,244,131$24,997,776
82$37,524,901$6,100,526$3,292,094$27,365,951
83$41,289,813$6,336,823$3,339,751$29,969,789
84$45,436,773$6,582,727$3,387,032$32,833,127
85$50,004,688$6,838,645$3,433,862$35,982,224
86$55,036,431$7,105,004$3,480,162$39,446,012
87$60,579,247$7,382,249$3,525,847$43,256,366
88$66,685,197$7,670,846$3,570,830$47,448,403
89$73,411,650$7,971,280$3,615,016$52,060,814
90$80,821,825$8,284,060$3,658,305$57,136,228
91$88,985,387$8,609,714$3,700,594$62,721,612
92$97,979,104$8,948,798$3,741,771$68,868,715
93$107,887,572$9,301,888$3,781,720$75,634,553
94$118,804,013$9,669,590$3,820,317$83,081,948
95$130,831,157$10,052,534$3,857,432$91,280,119
96$144,082,207$10,451,380$3,892,928$100,305,335
97$158,681,912$10,866,818$3,926,661$110,241,631
98$174,767,741$11,299,566$3,958,478$121,181,603
99$192,491,184$11,750,378$3,988,220$133,227,277
100$212,019,177$12,220,039$4,015,718$146,491,074