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%13.8%
1 years$150,294$148,955$147,649$146,374$145,129$142,843
2 years$74,403$73,017$71,674$70,372$69,109$66,811
3 years$49,109$47,718$46,378$45,088$43,846$41,608
4 years$36,465$35,077$33,751$32,483$31,271$29,111
5 years$28,880$27,501$26,192$24,950$23,772$21,696
6 years$23,825$22,457$21,167$19,953$18,810$16,820
7 years$20,216$18,859$17,590$16,405$15,297$13,394
8 years$17,511$16,166$14,918$13,761$12,691$10,874
9 years$15,407$14,075$12,849$11,722$10,687$8,956
10 years$13,726$12,407$11,202$10,104$9,106$7,459
11 years$12,351$11,045$9,862$8,794$7,832$6,267
12 years$11,206$9,913$8,752$7,713$6,787$5,303
13 years$10,238$8,959$7,820$6,810$5,918$4,512
14 years$9,409$8,143$7,026$6,045$5,188$3,858
15 years$8,691$7,439$6,343$5,391$4,568$3,312
16 years$8,063$6,825$5,751$4,827$4,037$2,852
17 years$7,510$6,286$5,233$4,337$3,579$2,463
18 years$7,019$5,808$4,777$3,908$3,183$2,132
19 years$6,580$5,383$4,373$3,532$2,837$1,849
20 years$6,186$5,002$4,014$3,199$2,534$1,607
21 years$5,829$4,659$3,692$2,903$2,268$1,398
22 years$5,505$4,349$3,403$2,639$2,033$1,218
23 years$5,210$4,068$3,142$2,404$1,825$1,062
24 years$4,940$3,811$2,906$2,192$1,640$927
25 years$4,692$3,577$2,691$2,002$1,476$810
26 years$4,464$3,362$2,496$1,831$1,329$709
27 years$4,252$3,164$2,318$1,676$1,198$620
28 years$4,056$2,981$2,155$1,535$1,081$543
29 years$3,874$2,812$2,005$1,408$976$475
30 years$3,705$2,656$1,868$1,292$882$416
31 years$3,546$2,511$1,741$1,187$798$365
32 years$3,398$2,376$1,624$1,091$722$320
33 years$3,259$2,250$1,517$1,003$653$281
34 years$3,129$2,132$1,417$923$591$246
35 years$3,006$2,022$1,325$849$535$216
36 years$2,891$1,920$1,239$782$485$190
37 years$2,781$1,823$1,160$721$440$166
38 years$2,678$1,733$1,086$664$399$146
39 years$2,581$1,648$1,018$613$362$128
40 years$2,488$1,568$954$565$328$113
41 years$2,400$1,492$895$521$297$99
42 years$2,317$1,421$839$481$270$87
43 years$2,238$1,354$787$444$245$76
44 years$2,162$1,291$739$410$222$67
45 years$2,091$1,231$694$379$202$59
46 years$2,022$1,174$652$350$183$52
47 years$1,957$1,120$612$323$166$45
48 years$1,894$1,070$575$299$151$40
49 years$1,834$1,021$541$276$137$35
50 years$1,777$976$509$255$125$31

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 $5,828 every year, while hoping to spend $26,351 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: 64/13/23 Blend
49$1,820,000$1,820,000$1,820,000$1,820,000
50$2,011,652$1,915,192$1,886,982$2,128,020
51$2,188,803$1,980,999$1,922,158$2,272,999
52$2,383,140$2,049,147$1,957,630$2,427,857
53$2,596,389$2,119,724$1,993,379$2,596,452
54$2,830,450$2,192,819$2,029,386$2,780,131
55$3,087,415$2,268,527$2,065,630$2,980,381
56$3,369,591$2,346,945$2,102,089$3,198,833
57$3,679,518$2,428,173$2,138,737$3,437,289
58$4,019,994$2,512,319$2,175,550$3,697,729
59$4,394,100$2,599,490$2,212,498$3,982,337
60$4,805,234$2,689,800$2,249,552$4,293,514
61$5,257,136$2,783,368$2,286,680$4,633,910
62$5,753,927$2,880,317$2,323,847$5,006,438
63$6,300,149$2,980,774$2,361,017$5,414,311
64$6,900,804$3,084,872$2,398,152$5,861,065
65$7,561,404$3,192,748$2,435,208$6,350,598
66$8,288,023$3,304,548$2,472,142$6,887,201
67$9,087,349$3,420,419$2,508,908$7,475,603
68$9,966,757$3,540,518$2,545,454$8,121,011
69$10,934,368$3,665,005$2,581,728$8,829,166
70$11,999,132$3,794,048$2,617,674$9,606,387
71$13,170,909$3,927,823$2,653,232$10,459,640
72$14,460,566$4,066,510$2,688,340$11,396,597
73$15,880,073$4,210,299$2,722,929$12,425,712
74$17,442,623$4,359,386$2,756,930$13,556,299
75$19,162,751$4,513,976$2,790,267$14,798,620
76$21,056,473$4,674,282$2,822,862$16,163,981
77$23,141,437$4,840,526$2,854,632$17,664,838
78$25,437,089$5,012,937$2,885,487$19,314,919
79$27,964,857$5,191,756$2,915,336$21,129,346
80$30,748,353$5,377,232$2,944,080$23,124,783
81$33,813,594$5,569,626$2,971,616$25,319,591
82$37,189,250$5,769,207$2,997,835$27,734,001
83$40,906,914$5,976,259$3,022,623$30,390,306
84$45,001,397$6,191,073$3,045,858$33,313,069
85$49,511,059$6,413,955$3,067,414$36,529,357
86$54,478,171$6,645,224$3,087,157$40,068,994
87$59,949,315$6,885,209$3,104,946$43,964,845
88$65,975,817$7,134,257$3,120,634$48,253,122
89$72,614,240$7,392,725$3,134,065$52,973,730
90$79,926,913$7,660,989$3,145,076$58,170,640
91$87,982,517$7,939,437$3,153,496$63,892,305
92$96,856,740$8,228,475$3,159,144$70,192,118
93$106,632,984$8,528,526$3,161,832$77,128,914
94$117,403,155$8,840,031$3,161,360$84,767,526
95$129,268,533$9,163,449$3,157,522$93,179,398
96$142,340,722$9,499,256$3,150,097$102,443,255
97$156,742,708$9,847,953$3,138,859$112,645,851
98$172,610,019$10,210,057$3,123,565$123,882,785
99$190,092,002$10,586,111$3,103,965$136,259,402
100$209,353,234$10,976,678$3,079,795$149,891,790