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

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$147,817$146,500$145,215$143,961$142,737$138,836
2 years$73,176$71,814$70,493$69,212$67,970$64,068
3 years$48,300$46,931$45,614$44,345$43,123$39,343
4 years$35,864$34,499$33,195$31,948$30,756$27,126
5 years$28,404$27,048$25,761$24,539$23,380$19,911
6 years$23,433$22,087$20,818$19,624$18,500$15,194
7 years$19,883$18,548$17,300$16,134$15,045$11,904
8 years$17,222$15,899$14,672$13,534$12,482$9,502
9 years$15,153$13,843$12,637$11,528$10,511$7,691
10 years$13,500$12,202$11,017$9,938$8,956$6,292
11 years$12,147$10,863$9,699$8,649$7,703$5,190
12 years$11,021$9,750$8,608$7,586$6,675$4,309
13 years$10,069$8,811$7,691$6,697$5,821$3,597
14 years$9,254$8,009$6,910$5,945$5,102$3,015
15 years$8,548$7,316$6,239$5,302$4,492$2,537
16 years$7,930$6,713$5,656$4,747$3,970$2,140
17 years$7,386$6,182$5,147$4,265$3,520$1,810
18 years$6,903$5,713$4,699$3,844$3,130$1,534
19 years$6,472$5,294$4,301$3,473$2,790$1,302
20 years$6,084$4,920$3,948$3,146$2,492$1,107
21 years$5,733$4,583$3,631$2,855$2,230$942
22 years$5,415$4,278$3,347$2,596$1,999$802
23 years$5,125$4,001$3,090$2,364$1,794$684
24 years$4,859$3,748$2,858$2,156$1,613$584
25 years$4,615$3,518$2,647$1,969$1,451$499
26 years$4,390$3,306$2,455$1,801$1,307$426
27 years$4,182$3,111$2,279$1,648$1,179$364
28 years$3,990$2,932$2,119$1,510$1,064$311
29 years$3,810$2,766$1,972$1,385$960$266
30 years$3,644$2,612$1,837$1,271$868$228
31 years$3,488$2,469$1,712$1,167$785$195
32 years$3,342$2,336$1,598$1,073$710$167
33 years$3,206$2,213$1,492$986$642$143
34 years$3,077$2,097$1,394$908$581$122
35 years$2,957$1,989$1,303$835$527$105
36 years$2,843$1,888$1,219$769$477$90
37 years$2,736$1,793$1,141$709$432$77
38 years$2,634$1,704$1,069$653$392$66
39 years$2,538$1,620$1,001$602$356$56
40 years$2,447$1,542$938$556$323$48
41 years$2,361$1,468$880$513$293$41
42 years$2,279$1,398$825$473$265$35
43 years$2,201$1,332$774$437$241$30
44 years$2,127$1,269$727$403$219$26
45 years$2,056$1,210$683$372$199$22
46 years$1,989$1,155$641$344$180$19
47 years$1,924$1,102$602$318$164$16
48 years$1,863$1,052$566$294$149$14
49 years$1,804$1,005$532$271$135$12
50 years$1,748$960$500$251$123$10

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 $6,418 every year, while hoping to spend $49,422 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: 40/30/30 Blend
49$1,790,000$1,790,000$1,790,000$1,790,000
50$1,979,200$1,884,330$1,856,585$2,040,630
51$2,128,494$1,924,078$1,866,196$2,125,808
52$2,291,359$1,964,116$1,874,473$2,212,874
53$2,469,128$2,004,409$1,881,318$2,306,149
54$2,663,267$2,044,913$1,886,630$2,406,235
55$2,875,391$2,085,583$1,890,302$2,513,796
56$3,107,275$2,126,372$1,892,222$2,629,565
57$3,360,878$2,167,224$1,892,272$2,754,351
58$3,638,353$2,208,084$1,890,329$2,889,049
59$3,942,072$2,248,887$1,886,262$3,034,643
60$4,274,648$2,289,567$1,879,936$3,192,223
61$4,638,957$2,330,051$1,871,209$3,362,988
62$5,038,167$2,370,259$1,859,930$3,548,264
63$5,475,766$2,410,108$1,845,944$3,749,515
64$5,955,597$2,449,506$1,829,086$3,968,353
65$6,481,891$2,488,356$1,809,184$4,206,562
66$7,059,311$2,526,552$1,786,059$4,466,107
67$7,692,990$2,563,983$1,759,521$4,749,157
68$8,388,584$2,600,526$1,729,374$5,058,106
69$9,152,322$2,636,054$1,695,410$5,395,595
70$9,991,066$2,670,429$1,657,414$5,764,540
71$10,912,376$2,703,501$1,615,159$6,168,156
72$11,924,580$2,735,114$1,568,408$6,609,991
73$13,036,852$2,765,099$1,516,914$7,093,960
74$14,259,298$2,793,276$1,460,418$7,624,379
75$15,603,053$2,819,454$1,398,649$8,206,015
76$17,080,385$2,843,427$1,331,324$8,844,121
77$18,704,807$2,864,978$1,258,146$9,544,496
78$20,491,211$2,883,876$1,178,808$10,313,534
79$22,456,001$2,899,872$1,092,984$11,158,289
80$24,617,253$2,912,706$1,000,339$12,086,541
81$26,994,880$2,922,096$900,518$13,106,872
82$29,610,825$2,927,746$793,153$14,228,746
83$32,489,265$2,929,341$677,859$15,462,601
84$35,656,836$2,926,545$554,233$16,819,950
85$39,142,891$2,919,003$421,857$18,313,488
86$42,979,768$2,906,337$280,292$19,957,216
87$47,203,102$2,888,145$129,080$21,766,575
88$51,852,158$2,864,003$0$23,758,591
89$56,970,199$2,833,460$0$25,962,373
90$62,604,897$2,796,037$0$28,433,055
91$68,808,782$2,751,229$0$31,152,269
92$75,639,736$2,698,498$0$34,145,359
93$83,161,540$2,637,275$0$37,440,259
94$91,444,475$2,566,959$0$41,067,758
95$100,565,983$2,486,911$0$45,061,791
96$110,611,401$2,396,458$0$49,459,761
97$121,674,765$2,294,885$0$54,302,891
98$133,859,692$2,181,436$0$59,636,618
99$147,280,367$2,055,313$0$65,511,021
100$162,062,611$1,915,669$0$71,981,293