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%11.3%
1 years$147,817$146,500$145,215$143,961$142,737$141,957
2 years$73,176$71,814$70,493$69,212$67,970$67,182
3 years$48,300$46,931$45,614$44,345$43,123$42,353
4 years$35,864$34,499$33,195$31,948$30,756$30,009
5 years$28,404$27,048$25,761$24,539$23,380$22,658
6 years$23,433$22,087$20,818$19,624$18,500$17,805
7 years$19,883$18,548$17,300$16,134$15,045$14,377
8 years$17,222$15,899$14,672$13,534$12,482$11,840
9 years$15,153$13,843$12,637$11,528$10,511$9,896
10 years$13,500$12,202$11,017$9,938$8,956$8,367
11 years$12,147$10,863$9,699$8,649$7,703$7,140
12 years$11,021$9,750$8,608$7,586$6,675$6,138
13 years$10,069$8,811$7,691$6,697$5,821$5,308
14 years$9,254$8,009$6,910$5,945$5,102$4,614
15 years$8,548$7,316$6,239$5,302$4,492$4,028
16 years$7,930$6,713$5,656$4,747$3,970$3,529
17 years$7,386$6,182$5,147$4,265$3,520$3,102
18 years$6,903$5,713$4,699$3,844$3,130$2,733
19 years$6,472$5,294$4,301$3,473$2,790$2,414
20 years$6,084$4,920$3,948$3,146$2,492$2,136
21 years$5,733$4,583$3,631$2,855$2,230$1,894
22 years$5,415$4,278$3,347$2,596$1,999$1,681
23 years$5,125$4,001$3,090$2,364$1,794$1,495
24 years$4,859$3,748$2,858$2,156$1,613$1,330
25 years$4,615$3,518$2,647$1,969$1,451$1,185
26 years$4,390$3,306$2,455$1,801$1,307$1,057
27 years$4,182$3,111$2,279$1,648$1,179$943
28 years$3,990$2,932$2,119$1,510$1,064$843
29 years$3,810$2,766$1,972$1,385$960$753
30 years$3,644$2,612$1,837$1,271$868$673
31 years$3,488$2,469$1,712$1,167$785$602
32 years$3,342$2,336$1,598$1,073$710$539
33 years$3,206$2,213$1,492$986$642$483
34 years$3,077$2,097$1,394$908$581$432
35 years$2,957$1,989$1,303$835$527$387
36 years$2,843$1,888$1,219$769$477$347
37 years$2,736$1,793$1,141$709$432$311
38 years$2,634$1,704$1,069$653$392$279
39 years$2,538$1,620$1,001$602$356$250
40 years$2,447$1,542$938$556$323$225
41 years$2,361$1,468$880$513$293$202
42 years$2,279$1,398$825$473$265$181
43 years$2,201$1,332$774$437$241$162
44 years$2,127$1,269$727$403$219$146
45 years$2,056$1,210$683$372$199$131
46 years$1,989$1,155$641$344$180$117
47 years$1,924$1,102$602$318$164$105
48 years$1,863$1,052$566$294$149$95
49 years$1,804$1,005$532$271$135$85
50 years$1,748$960$500$251$123$76

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 $4,302 every year, while hoping to spend $23,456 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: 30/44/26 Blend
49$1,790,000$1,790,000$1,790,000$1,790,000
50$1,977,018$1,882,148$1,854,403$2,020,352
51$2,153,716$1,949,416$1,891,568$2,121,593
52$2,347,652$2,019,194$1,929,192$2,228,073
53$2,560,559$2,091,580$1,967,266$2,342,151
54$2,794,345$2,166,677$2,005,779$2,464,502
55$3,051,115$2,244,591$2,044,719$2,595,869
56$3,333,185$2,325,433$2,084,074$2,737,063
57$3,643,109$2,409,318$2,123,829$2,888,981
58$3,983,698$2,496,366$2,163,970$3,052,601
59$4,358,050$2,586,703$2,204,477$3,229,002
60$4,769,579$2,680,459$2,245,335$3,419,368
61$5,222,044$2,777,770$2,286,522$3,624,998
62$5,719,589$2,878,777$2,328,017$3,847,322
63$6,266,777$2,983,627$2,369,796$4,087,911
64$6,868,638$3,092,475$2,411,834$4,348,492
65$7,530,713$3,205,479$2,454,103$4,630,962
66$8,259,105$3,322,808$2,496,576$4,937,409
67$9,060,542$3,444,633$2,539,219$5,270,129
68$9,942,434$3,571,137$2,581,999$5,631,645
69$10,912,947$3,702,507$2,624,881$6,024,736
70$11,981,078$3,838,941$2,667,825$6,452,456
71$13,156,742$3,980,643$2,710,791$6,918,166
72$14,450,861$4,127,826$2,753,734$7,425,564
73$15,875,473$4,280,713$2,796,609$7,978,720
74$17,443,840$4,439,537$2,839,364$8,582,112
75$19,170,576$4,604,539$2,881,947$9,240,669
76$21,071,785$4,775,971$2,924,301$9,959,817
77$23,165,209$4,954,096$2,966,368$10,745,526
78$25,470,402$5,139,188$3,008,083$11,604,370
79$28,008,909$5,331,534$3,049,379$12,543,587
80$30,804,470$5,531,431$3,090,186$13,571,143
81$33,883,245$5,739,191$3,130,426$14,695,810
82$37,274,062$5,955,137$3,170,022$15,927,248
83$41,008,687$6,179,609$3,208,888$17,276,091
84$45,122,122$6,412,959$3,246,935$18,754,050
85$49,652,940$6,655,556$3,284,069$20,374,023
86$54,643,645$6,907,783$3,320,190$22,150,211
87$60,141,074$7,170,041$3,355,193$24,098,257
88$66,196,839$7,442,750$3,388,969$26,235,386
89$72,867,817$7,726,344$3,421,399$28,580,572
90$80,216,679$8,021,280$3,452,360$31,154,712
91$88,312,490$8,328,032$3,481,724$33,980,822
92$97,231,355$8,647,097$3,509,353$37,084,257
93$107,057,141$8,978,993$3,535,105$40,492,942
94$117,882,266$9,324,259$3,558,826$44,237,639
95$129,808,569$9,683,461$3,580,360$48,352,236
96$142,948,279$10,057,186$3,599,537$52,874,061
97$157,425,064$10,446,049$3,616,183$57,844,236
98$173,375,208$10,850,693$3,630,112$63,308,063
99$190,948,890$11,271,787$3,641,131$69,315,449
100$210,311,603$11,710,031$3,649,036$75,921,374