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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.7%
1 years$150,294$148,955$147,649$146,374$145,129$140,596
2 years$74,403$73,017$71,674$70,372$69,109$64,583
3 years$49,109$47,718$46,378$45,088$43,846$39,468
4 years$36,465$35,077$33,751$32,483$31,271$27,075
5 years$28,880$27,501$26,192$24,950$23,772$19,769
6 years$23,825$22,457$21,167$19,953$18,810$15,004
7 years$20,216$18,859$17,590$16,405$15,297$11,688
8 years$17,511$16,166$14,918$13,761$12,691$9,275
9 years$15,407$14,075$12,849$11,722$10,687$7,462
10 years$13,726$12,407$11,202$10,104$9,106$6,066
11 years$12,351$11,045$9,862$8,794$7,832$4,972
12 years$11,206$9,913$8,752$7,713$6,787$4,101
13 years$10,238$8,959$7,820$6,810$5,918$3,400
14 years$9,409$8,143$7,026$6,045$5,188$2,830
15 years$8,691$7,439$6,343$5,391$4,568$2,364
16 years$8,063$6,825$5,751$4,827$4,037$1,981
17 years$7,510$6,286$5,233$4,337$3,579$1,663
18 years$7,019$5,808$4,777$3,908$3,183$1,399
19 years$6,580$5,383$4,373$3,532$2,837$1,178
20 years$6,186$5,002$4,014$3,199$2,534$994
21 years$5,829$4,659$3,692$2,903$2,268$840
22 years$5,505$4,349$3,403$2,639$2,033$710
23 years$5,210$4,068$3,142$2,404$1,825$600
24 years$4,940$3,811$2,906$2,192$1,640$508
25 years$4,692$3,577$2,691$2,002$1,476$431
26 years$4,464$3,362$2,496$1,831$1,329$365
27 years$4,252$3,164$2,318$1,676$1,198$309
28 years$4,056$2,981$2,155$1,535$1,081$262
29 years$3,874$2,812$2,005$1,408$976$222
30 years$3,705$2,656$1,868$1,292$882$189
31 years$3,546$2,511$1,741$1,187$798$160
32 years$3,398$2,376$1,624$1,091$722$136
33 years$3,259$2,250$1,517$1,003$653$115
34 years$3,129$2,132$1,417$923$591$98
35 years$3,006$2,022$1,325$849$535$83
36 years$2,891$1,920$1,239$782$485$71
37 years$2,781$1,823$1,160$721$440$60
38 years$2,678$1,733$1,086$664$399$51
39 years$2,581$1,648$1,018$613$362$43
40 years$2,488$1,568$954$565$328$37
41 years$2,400$1,492$895$521$297$31
42 years$2,317$1,421$839$481$270$27
43 years$2,238$1,354$787$444$245$23
44 years$2,162$1,291$739$410$222$19
45 years$2,091$1,231$694$379$202$16
46 years$2,022$1,174$652$350$183$14
47 years$1,957$1,120$612$323$166$12
48 years$1,894$1,070$575$299$151$10
49 years$1,834$1,021$541$276$137$8
50 years$1,777$976$509$255$125$7

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 $3,474 every year, while hoping to spend $47,265 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: 32/48/20 Blend
49$1,820,000$1,820,000$1,820,000$1,820,000
50$2,009,223$1,912,763$1,884,553$2,060,959
51$2,163,875$1,956,199$1,897,396$2,143,407
52$2,332,716$2,000,179$1,909,085$2,227,608
53$2,517,145$2,044,680$1,919,532$2,317,314
54$2,718,701$2,089,676$1,928,643$2,413,037
55$2,939,077$2,135,139$1,936,321$2,515,337
56$3,180,137$2,181,035$1,942,462$2,624,837
57$3,443,936$2,227,331$1,946,960$2,742,220
58$3,732,735$2,273,987$1,949,700$2,868,240
59$4,049,022$2,320,961$1,950,564$3,003,731
60$4,395,541$2,368,207$1,949,426$3,149,608
61$4,775,311$2,415,673$1,946,156$3,306,886
62$5,191,656$2,463,305$1,940,616$3,476,681
63$5,648,241$2,511,043$1,932,663$3,660,224
64$6,149,099$2,558,822$1,922,145$3,858,875
65$6,698,674$2,606,571$1,908,903$4,074,132
66$7,301,861$2,654,214$1,892,773$4,307,648
67$7,964,049$2,701,670$1,873,580$4,561,248
68$8,691,179$2,748,849$1,851,142$4,836,945
69$9,489,793$2,795,655$1,825,268$5,136,956
70$10,367,096$2,841,987$1,795,759$5,463,732
71$11,331,029$2,887,733$1,762,406$5,819,973
72$12,390,337$2,932,776$1,724,990$6,208,658
73$13,554,657$2,976,987$1,683,282$6,633,075
74$14,834,602$3,020,230$1,637,043$7,096,848
75$16,241,870$3,062,359$1,586,022$7,603,977
76$17,789,344$3,103,218$1,529,957$8,158,873
77$19,491,221$3,142,640$1,468,575$8,766,401
78$21,363,141$3,180,445$1,401,588$9,431,927
79$23,422,338$3,216,442$1,328,697$10,161,371
80$25,687,797$3,250,429$1,249,589$10,961,261
81$28,180,439$3,282,187$1,163,937$11,838,798
82$30,923,314$3,311,484$1,071,399$12,801,922
83$33,941,819$3,338,074$971,618$13,859,392
84$37,263,938$3,361,693$864,220$15,020,866
85$40,920,504$3,382,061$748,816$16,296,996
86$44,945,493$3,398,879$625,000$17,699,530
87$49,376,341$3,411,832$492,344$19,241,421
88$54,254,297$3,420,581$350,407$20,936,954
89$59,624,814$3,424,768$198,724$22,801,882
90$65,537,976$3,424,012$36,812$24,853,576
91$72,048,970$3,417,910$0$27,111,188
92$79,218,609$3,406,031$0$29,624,856
93$87,113,901$3,387,920$0$32,399,120
94$95,808,685$3,363,095$0$35,451,910
95$105,384,326$3,331,041$0$38,811,660
96$115,930,481$3,291,217$0$42,509,712
97$127,545,949$3,243,045$0$46,580,615
98$140,339,597$3,185,915$0$51,062,452
99$154,431,391$3,119,181$0$55,997,202
100$169,953,529$3,042,157$0$61,431,136