Can I retire at age 50 with 1,790,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$147,817$146,500$145,215$143,961$142,737$140,720
2 years$73,176$71,814$70,493$69,212$67,970$65,942
3 years$48,300$46,931$45,614$44,345$43,123$41,147
4 years$35,864$34,499$33,195$31,948$30,756$28,847
5 years$28,404$27,048$25,761$24,539$23,380$21,544
6 years$23,433$22,087$20,818$19,624$18,500$16,738
7 years$19,883$18,548$17,300$16,134$15,045$13,359
8 years$17,222$15,899$14,672$13,534$12,482$10,870
9 years$15,153$13,843$12,637$11,528$10,511$8,975
10 years$13,500$12,202$11,017$9,938$8,956$7,493
11 years$12,147$10,863$9,699$8,649$7,703$6,311
12 years$11,021$9,750$8,608$7,586$6,675$5,354
13 years$10,069$8,811$7,691$6,697$5,821$4,568
14 years$9,254$8,009$6,910$5,945$5,102$3,916
15 years$8,548$7,316$6,239$5,302$4,492$3,370
16 years$7,930$6,713$5,656$4,747$3,970$2,911
17 years$7,386$6,182$5,147$4,265$3,520$2,521
18 years$6,903$5,713$4,699$3,844$3,130$2,188
19 years$6,472$5,294$4,301$3,473$2,790$1,904
20 years$6,084$4,920$3,948$3,146$2,492$1,659
21 years$5,733$4,583$3,631$2,855$2,230$1,448
22 years$5,415$4,278$3,347$2,596$1,999$1,265
23 years$5,125$4,001$3,090$2,364$1,794$1,107
24 years$4,859$3,748$2,858$2,156$1,613$969
25 years$4,615$3,518$2,647$1,969$1,451$850
26 years$4,390$3,306$2,455$1,801$1,307$745
27 years$4,182$3,111$2,279$1,648$1,179$654
28 years$3,990$2,932$2,119$1,510$1,064$575
29 years$3,810$2,766$1,972$1,385$960$505
30 years$3,644$2,612$1,837$1,271$868$444
31 years$3,488$2,469$1,712$1,167$785$390
32 years$3,342$2,336$1,598$1,073$710$343
33 years$3,206$2,213$1,492$986$642$302
34 years$3,077$2,097$1,394$908$581$266
35 years$2,957$1,989$1,303$835$527$234
36 years$2,843$1,888$1,219$769$477$206
37 years$2,736$1,793$1,141$709$432$182
38 years$2,634$1,704$1,069$653$392$160
39 years$2,538$1,620$1,001$602$356$141
40 years$2,447$1,542$938$556$323$124
41 years$2,361$1,468$880$513$293$109
42 years$2,279$1,398$825$473$265$96
43 years$2,201$1,332$774$437$241$85
44 years$2,127$1,269$727$403$219$75
45 years$2,056$1,210$683$372$199$66
46 years$1,989$1,155$641$344$180$58
47 years$1,924$1,102$602$318$164$51
48 years$1,863$1,052$566$294$149$45
49 years$1,804$1,005$532$271$135$40
50 years$1,748$960$500$251$123$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,790,000, adding $2,379 every year, while hoping to spend $27,511 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: 51/23/26 Blend
49$1,790,000$1,790,000$1,790,000$1,790,000
50$1,975,034$1,880,164$1,852,419$2,061,223
51$2,147,216$1,943,020$1,885,203$2,184,251
52$2,336,038$2,008,035$1,918,164$2,314,983
53$2,543,170$2,075,284$1,951,278$2,456,586
54$2,770,447$2,144,847$1,984,520$2,610,108
55$3,019,895$2,216,807$2,017,864$2,776,697
56$3,293,743$2,291,249$2,051,281$2,957,620
57$3,594,447$2,368,262$2,084,741$3,154,271
58$3,924,711$2,447,938$2,118,211$3,368,183
59$4,287,517$2,530,373$2,151,656$3,601,046
60$4,686,148$2,615,665$2,185,041$3,854,719
61$5,124,220$2,703,917$2,218,324$4,131,248
62$5,605,718$2,795,237$2,251,466$4,432,888
63$6,135,032$2,889,734$2,284,421$4,762,121
64$6,716,998$2,987,524$2,317,141$5,121,680
65$7,356,945$3,088,725$2,349,579$5,514,576
66$8,060,743$3,193,463$2,381,679$5,944,122
67$8,834,860$3,301,864$2,413,387$6,413,971
68$9,686,422$3,414,062$2,444,642$6,928,144
69$10,623,282$3,530,195$2,475,382$7,491,070
70$11,654,090$3,650,408$2,505,541$8,107,629
71$12,788,379$3,774,849$2,535,047$8,783,194
72$14,036,650$3,903,674$2,563,828$9,523,686
73$15,410,476$4,037,042$2,591,804$10,335,626
74$16,922,609$4,175,120$2,618,894$11,226,200
75$18,587,097$4,318,084$2,645,009$12,203,321
76$20,419,422$4,466,111$2,670,058$13,275,710
77$22,436,642$4,619,389$2,693,944$14,452,972
78$24,657,553$4,778,113$2,716,565$15,745,691
79$27,102,868$4,942,485$2,737,814$17,165,527
80$29,795,407$5,112,713$2,757,577$18,725,328
81$32,760,318$5,289,016$2,775,735$20,439,246
82$36,025,312$5,471,619$2,792,164$22,322,878
83$39,620,924$5,660,759$2,806,732$24,393,406
84$43,580,801$5,856,679$2,819,301$26,669,762
85$47,942,020$6,059,633$2,829,724$29,172,807
86$52,745,436$6,269,885$2,837,850$31,925,524
87$58,036,071$6,487,710$2,843,518$34,953,241
88$63,863,534$6,713,392$2,846,560$38,283,862
89$70,282,494$6,947,227$2,846,799$41,948,136
90$77,353,191$7,189,524$2,844,049$45,979,946
91$85,142,008$7,440,603$2,838,117$50,416,623
92$93,722,097$7,700,796$2,828,798$55,299,307
93$103,174,067$7,970,451$2,815,879$60,673,328
94$113,586,745$8,249,927$2,799,134$66,588,635
95$125,058,018$8,539,598$2,778,330$73,100,271
96$137,695,752$8,839,854$2,753,219$80,268,885
97$151,618,811$9,151,099$2,723,545$88,161,311
98$166,958,182$9,473,756$2,689,036$96,851,196
99$183,858,209$9,808,261$2,649,411$106,419,692
100$202,477,952$10,155,072$2,604,372$116,956,227