Can I retire at age 50 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$150,294$148,955$147,649$146,374$145,129$144,154
2 years$74,403$73,017$71,674$70,372$69,109$68,126
3 years$49,109$47,718$46,378$45,088$43,846$42,884
4 years$36,465$35,077$33,751$32,483$31,271$30,339
5 years$28,880$27,501$26,192$24,950$23,772$22,872
6 years$23,825$22,457$21,167$19,953$18,810$17,944
7 years$20,216$18,859$17,590$16,405$15,297$14,465
8 years$17,511$16,166$14,918$13,761$12,691$11,892
9 years$15,407$14,075$12,849$11,722$10,687$9,923
10 years$13,726$12,407$11,202$10,104$9,106$8,375
11 years$12,351$11,045$9,862$8,794$7,832$7,133
12 years$11,206$9,913$8,752$7,713$6,787$6,120
13 years$10,238$8,959$7,820$6,810$5,918$5,283
14 years$9,409$8,143$7,026$6,045$5,188$4,583
15 years$8,691$7,439$6,343$5,391$4,568$3,993
16 years$8,063$6,825$5,751$4,827$4,037$3,492
17 years$7,510$6,286$5,233$4,337$3,579$3,062
18 years$7,019$5,808$4,777$3,908$3,183$2,693
19 years$6,580$5,383$4,373$3,532$2,837$2,373
20 years$6,186$5,002$4,014$3,199$2,534$2,095
21 years$5,829$4,659$3,692$2,903$2,268$1,853
22 years$5,505$4,349$3,403$2,639$2,033$1,642
23 years$5,210$4,068$3,142$2,404$1,825$1,456
24 years$4,940$3,811$2,906$2,192$1,640$1,293
25 years$4,692$3,577$2,691$2,002$1,476$1,150
26 years$4,464$3,362$2,496$1,831$1,329$1,023
27 years$4,252$3,164$2,318$1,676$1,198$911
28 years$4,056$2,981$2,155$1,535$1,081$811
29 years$3,874$2,812$2,005$1,408$976$723
30 years$3,705$2,656$1,868$1,292$882$645
31 years$3,546$2,511$1,741$1,187$798$576
32 years$3,398$2,376$1,624$1,091$722$514
33 years$3,259$2,250$1,517$1,003$653$459
34 years$3,129$2,132$1,417$923$591$410
35 years$3,006$2,022$1,325$849$535$367
36 years$2,891$1,920$1,239$782$485$328
37 years$2,781$1,823$1,160$721$440$293
38 years$2,678$1,733$1,086$664$399$262
39 years$2,581$1,648$1,018$613$362$235
40 years$2,488$1,568$954$565$328$210
41 years$2,400$1,492$895$521$297$188
42 years$2,317$1,421$839$481$270$168
43 years$2,238$1,354$787$444$245$151
44 years$2,162$1,291$739$410$222$135
45 years$2,091$1,231$694$379$202$121
46 years$2,022$1,174$652$350$183$108
47 years$1,957$1,120$612$323$166$97
48 years$1,894$1,070$575$299$151$87
49 years$1,834$1,021$541$276$137$78
50 years$1,777$976$509$255$125$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,820,000, adding $4,445 every year, while hoping to spend $33,878 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: 49/26/25 Blend
49$1,820,000$1,820,000$1,820,000$1,820,000
50$2,010,225$1,913,765$1,885,555$2,094,296
51$2,179,222$1,971,494$1,912,675$2,211,192
52$2,364,321$2,030,915$1,939,568$2,334,377
53$2,567,129$2,092,078$1,966,191$2,467,533
54$2,789,416$2,155,029$1,992,498$2,611,616
55$3,033,130$2,219,818$2,018,440$2,767,678
56$3,300,417$2,286,497$2,043,965$2,936,880
57$3,593,641$2,355,117$2,069,020$3,120,499
58$3,915,406$2,425,732$2,093,546$3,319,939
59$4,268,581$2,498,396$2,117,484$3,536,750
60$4,656,325$2,573,166$2,140,767$3,772,636
61$5,082,117$2,650,098$2,163,330$4,029,474
62$5,549,792$2,729,252$2,185,101$4,309,333
63$6,063,572$2,810,687$2,206,003$4,614,489
64$6,628,111$2,894,465$2,225,959$4,947,451
65$7,248,533$2,980,649$2,244,884$5,310,983
66$7,930,486$3,069,303$2,262,689$5,708,129
67$8,680,190$3,160,493$2,279,284$6,142,241
68$9,504,499$3,254,287$2,294,569$6,617,014
69$10,410,963$3,350,752$2,308,443$7,136,518
70$11,407,902$3,449,960$2,320,797$7,705,237
71$12,504,483$3,551,983$2,331,518$8,328,109
72$13,710,803$3,656,893$2,340,487$9,010,579
73$15,037,990$3,764,766$2,347,578$9,758,642
74$16,498,304$3,875,678$2,352,661$10,578,905
75$18,105,253$3,989,708$2,355,597$11,478,649
76$19,873,720$4,106,936$2,356,241$12,465,895
77$21,820,105$4,227,441$2,354,441$13,549,481
78$23,962,479$4,351,309$2,350,038$14,739,147
79$26,320,752$4,478,623$2,342,863$16,045,624
80$28,916,862$4,609,469$2,332,743$17,480,736
81$31,774,985$4,743,936$2,319,493$19,057,514
82$34,921,757$4,882,112$2,302,920$20,790,317
83$38,386,530$5,024,090$2,282,821$22,694,967
84$42,201,647$5,169,961$2,258,987$24,788,898
85$46,402,746$5,319,820$2,231,194$27,091,324
86$51,029,098$5,473,763$2,199,211$29,623,415
87$56,123,976$5,631,887$2,162,794$32,408,504
88$61,735,063$5,794,292$2,121,689$35,472,300
89$67,914,905$5,961,077$2,075,631$38,843,133
90$74,721,400$6,132,345$2,024,340$42,552,226
91$82,218,352$6,308,199$1,967,524$46,633,984
92$90,476,068$6,488,744$1,904,880$51,126,320
93$99,572,020$6,674,086$1,836,087$56,071,016
94$109,591,583$6,864,333$1,760,812$61,514,116
95$120,628,832$7,059,594$1,678,708$67,506,357
96$132,787,437$7,259,977$1,589,408$74,103,656
97$146,181,635$7,465,595$1,492,532$81,367,631
98$160,937,312$7,676,560$1,387,682$89,366,186
99$177,193,190$7,892,984$1,274,442$98,174,151
100$195,102,137$8,114,981$1,152,377$107,873,991