Can I retire at age 50 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$149,468$148,137$146,838$145,570$144,332$142,587
2 years$73,994$72,616$71,280$69,986$68,729$66,974
3 years$48,839$47,455$46,123$44,840$43,605$41,893
4 years$36,265$34,885$33,566$32,305$31,099$29,444
5 years$28,722$27,350$26,048$24,813$23,641$22,047
6 years$23,695$22,333$21,051$19,843$18,706$17,176
7 years$20,105$18,756$17,494$16,314$15,213$13,747
8 years$17,414$16,077$14,836$13,686$12,621$11,218
9 years$15,323$13,998$12,778$11,657$10,629$9,289
10 years$13,650$12,338$11,140$10,049$9,056$7,779
11 years$12,283$10,984$9,808$8,745$7,789$6,572
12 years$11,144$9,859$8,704$7,671$6,749$5,593
13 years$10,182$8,909$7,777$6,772$5,886$4,788
14 years$9,357$8,098$6,987$6,012$5,159$4,118
15 years$8,643$7,398$6,309$5,361$4,543$3,557
16 years$8,019$6,788$5,720$4,800$4,015$3,082
17 years$7,469$6,251$5,205$4,313$3,560$2,679
18 years$6,980$5,776$4,751$3,887$3,165$2,334
19 years$6,544$5,353$4,349$3,512$2,821$2,038
20 years$6,152$4,975$3,992$3,181$2,520$1,782
21 years$5,797$4,634$3,672$2,887$2,255$1,561
22 years$5,475$4,325$3,384$2,625$2,021$1,370
23 years$5,182$4,045$3,124$2,391$1,815$1,203
24 years$4,913$3,790$2,890$2,180$1,631$1,058
25 years$4,666$3,557$2,676$1,991$1,468$931
26 years$4,439$3,343$2,482$1,821$1,322$820
27 years$4,229$3,146$2,305$1,666$1,192$722
28 years$4,034$2,965$2,143$1,527$1,075$637
29 years$3,853$2,797$1,994$1,400$971$562
30 years$3,684$2,641$1,857$1,285$877$496
31 years$3,527$2,497$1,732$1,180$793$438
32 years$3,380$2,363$1,616$1,085$718$387
33 years$3,241$2,237$1,508$997$649$342
34 years$3,112$2,121$1,409$918$588$302
35 years$2,990$2,011$1,318$845$533$267
36 years$2,875$1,909$1,233$778$483$236
37 years$2,766$1,813$1,154$717$437$209
38 years$2,664$1,723$1,080$661$396$185
39 years$2,567$1,639$1,012$609$360$163
40 years$2,475$1,559$949$562$326$145
41 years$2,387$1,484$890$518$296$128
42 years$2,304$1,413$835$478$268$113
43 years$2,226$1,347$783$442$244$100
44 years$2,151$1,284$735$408$221$89
45 years$2,079$1,224$690$377$201$79
46 years$2,011$1,168$648$348$182$70
47 years$1,946$1,114$609$321$166$62
48 years$1,884$1,064$572$297$150$55
49 years$1,824$1,016$538$274$137$48
50 years$1,767$970$506$254$124$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,810,000, adding $4,939 every year, while hoping to spend $56,859 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: 29/43/28 Blend
49$1,810,000$1,810,000$1,810,000$1,810,000
50$1,999,715$1,903,785$1,875,730$2,040,302
51$2,143,188$1,936,572$1,878,069$2,105,557
52$2,299,390$1,969,061$1,878,581$2,170,393
53$2,469,559$2,001,176$1,877,145$2,238,964
54$2,655,057$2,032,838$1,873,632$2,311,633
55$2,857,385$2,063,959$1,867,911$2,388,800
56$3,078,193$2,094,447$1,859,841$2,470,913
57$3,319,298$2,124,204$1,849,275$2,558,464
58$3,582,700$2,153,124$1,836,059$2,652,000
59$3,870,602$2,181,093$1,820,033$2,752,128
60$4,185,427$2,207,991$1,801,028$2,859,520
61$4,529,845$2,233,687$1,778,867$2,974,918
62$4,906,795$2,258,043$1,753,365$3,099,146
63$5,319,514$2,280,913$1,724,328$3,233,117
64$5,771,565$2,302,138$1,691,554$3,377,839
65$6,266,873$2,321,552$1,654,830$3,534,430
66$6,809,760$2,338,975$1,613,933$3,704,127
67$7,404,988$2,354,217$1,568,632$3,888,298
68$8,057,799$2,367,075$1,518,684$4,088,458
69$8,773,968$2,377,336$1,463,833$4,306,280
70$9,559,856$2,384,768$1,403,815$4,543,619
71$10,422,469$2,389,130$1,338,350$4,802,522
72$11,369,526$2,390,161$1,267,149$5,085,256
73$12,409,526$2,387,588$1,189,908$5,394,326
74$13,551,837$2,381,119$1,106,309$5,732,502
75$14,806,774$2,370,444$1,016,020$6,102,846
76$16,185,704$2,355,234$918,695$6,508,740
77$17,701,146$2,335,141$813,972$6,953,925
78$19,366,895$2,309,795$701,472$7,442,534
79$21,198,148$2,278,805$580,801$7,979,131
80$23,211,647$2,241,754$451,546$8,568,762
81$25,425,839$2,198,204$313,277$9,216,998
82$27,861,046$2,147,688$165,543$9,929,994
83$30,539,661$2,089,712$7,877$10,714,548
84$33,486,352$2,023,754$0$11,578,167
85$36,728,304$1,949,262$0$12,577,057
86$40,295,464$1,865,649$0$13,678,080
87$44,220,832$1,772,296$0$14,889,146
88$48,540,767$1,668,549$0$16,221,579
89$53,295,332$1,553,715$0$17,687,867
90$58,528,670$1,427,061$0$19,301,788
91$64,289,420$1,287,813$0$21,078,533
92$70,631,179$1,135,153$0$23,034,860
93$77,613,000$968,217$0$25,189,252
94$85,299,956$786,089$0$27,562,089
95$93,763,750$587,807$0$30,175,851
96$103,083,392$372,349$0$33,055,325
97$113,345,944$138,639$0$36,227,847
98$124,647,339$0$0$39,723,562
99$137,093,289$0$0$43,629,868
100$150,800,283$0$0$48,004,603