Can I retire at age 50 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$151,120$149,774$148,460$147,178$145,927$142,747
2 years$74,812$73,418$72,068$70,759$69,489$66,301
3 years$49,379$47,980$46,633$45,336$44,087$40,991
4 years$36,665$35,270$33,937$32,662$31,443$28,463
5 years$29,039$27,652$26,336$25,088$23,902$21,046
6 years$23,956$22,580$21,284$20,063$18,913$16,184
7 years$20,327$18,963$17,687$16,495$15,381$12,780
8 years$17,607$16,255$15,000$13,837$12,760$10,285
9 years$15,492$14,153$12,919$11,786$10,746$8,396
10 years$13,801$12,475$11,263$10,160$9,156$6,928
11 years$12,419$11,106$9,916$8,842$7,875$5,766
12 years$11,267$9,968$8,800$7,756$6,824$4,832
13 years$10,294$9,008$7,862$6,847$5,951$4,071
14 years$9,460$8,188$7,064$6,078$5,216$3,446
15 years$8,739$7,480$6,378$5,421$4,593$2,927
16 years$8,108$6,863$5,783$4,853$4,059$2,494
17 years$7,551$6,320$5,262$4,361$3,599$2,131
18 years$7,058$5,840$4,804$3,930$3,200$1,825
19 years$6,616$5,413$4,398$3,551$2,852$1,565
20 years$6,220$5,030$4,036$3,216$2,548$1,345
21 years$5,861$4,685$3,712$2,919$2,280$1,157
22 years$5,536$4,373$3,421$2,654$2,044$996
23 years$5,239$4,090$3,159$2,417$1,835$859
24 years$4,967$3,832$2,922$2,204$1,649$741
25 years$4,718$3,596$2,706$2,013$1,484$640
26 years$4,488$3,380$2,510$1,841$1,337$553
27 years$4,276$3,181$2,330$1,685$1,205$478
28 years$4,079$2,997$2,166$1,544$1,087$413
29 years$3,896$2,828$2,016$1,416$982$357
30 years$3,725$2,670$1,878$1,299$887$309
31 years$3,566$2,524$1,751$1,193$802$268
32 years$3,417$2,389$1,633$1,097$726$232
33 years$3,277$2,262$1,525$1,008$657$201
34 years$3,146$2,144$1,425$928$594$174
35 years$3,023$2,034$1,332$854$538$151
36 years$2,906$1,930$1,246$787$488$131
37 years$2,797$1,833$1,167$725$442$113
38 years$2,693$1,742$1,092$668$401$98
39 years$2,595$1,657$1,023$616$364$85
40 years$2,502$1,576$959$568$330$74
41 years$2,414$1,500$899$524$299$64
42 years$2,330$1,429$844$484$271$55
43 years$2,250$1,361$792$447$246$48
44 years$2,174$1,298$743$412$224$42
45 years$2,102$1,237$698$381$203$36
46 years$2,033$1,181$655$352$184$31
47 years$1,967$1,127$616$325$167$27
48 years$1,904$1,075$579$300$152$24
49 years$1,844$1,027$544$278$138$20
50 years$1,787$981$511$257$125$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,830,000, adding $3,700 every year, while hoping to spend $23,858 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: 32/42/26 Blend
49$1,830,000$1,830,000$1,830,000$1,830,000
50$2,020,477$1,923,487$1,895,122$2,068,952
51$2,201,180$1,992,353$1,933,223$2,175,064
52$2,399,516$2,063,794$1,971,802$2,286,896
53$2,617,258$2,137,910$2,010,848$2,406,878
54$2,856,358$2,214,808$2,050,352$2,535,742
55$3,118,969$2,294,596$2,090,301$2,674,291
56$3,407,462$2,377,389$2,130,683$2,823,409
57$3,724,446$2,463,304$2,171,485$2,984,064
58$4,072,800$2,552,466$2,212,690$3,157,323
59$4,455,692$2,645,004$2,254,282$3,344,354
60$4,876,615$2,741,051$2,296,242$3,546,443
61$5,339,415$2,840,748$2,338,551$3,765,004
62$5,848,330$2,944,239$2,381,187$4,001,588
63$6,408,029$3,051,676$2,424,127$4,257,903
64$7,023,658$3,163,218$2,467,345$4,535,826
65$7,700,884$3,279,029$2,510,814$4,837,422
66$8,445,953$3,399,280$2,554,505$5,164,960
67$9,265,745$3,524,150$2,598,386$5,520,937
68$10,167,843$3,653,825$2,642,424$5,908,100
69$11,160,600$3,788,500$2,686,583$6,329,471
70$12,253,222$3,928,376$2,730,823$6,788,373
71$13,455,848$4,073,665$2,775,104$7,288,467
72$14,779,657$4,224,586$2,819,381$7,833,778
73$16,236,959$4,381,369$2,863,608$8,428,735
74$17,841,325$4,544,252$2,907,735$9,078,217
75$19,607,704$4,713,484$2,951,708$9,787,590
76$21,552,571$4,889,326$2,995,471$10,562,764
77$23,694,077$5,072,047$3,038,964$11,410,243
78$26,052,227$5,261,931$3,082,123$12,337,188
79$28,649,060$5,459,272$3,124,880$13,351,483
80$31,508,865$5,664,377$3,167,164$14,461,810
81$34,658,404$5,877,566$3,208,899$15,677,727
82$38,127,169$6,099,174$3,250,005$17,009,760
83$41,947,656$6,329,550$3,290,396$18,469,498
84$46,155,676$6,569,057$3,329,983$20,069,707
85$50,790,689$6,818,075$3,368,672$21,824,444
86$55,896,178$7,076,999$3,406,361$23,749,190
87$61,520,059$7,346,243$3,442,944$25,860,996
88$67,715,133$7,626,237$3,478,312$28,178,642
89$74,539,586$7,917,432$3,512,345$30,722,813
90$82,057,535$8,220,298$3,544,920$33,516,293
91$90,339,635$8,535,323$3,575,905$36,584,179
92$99,463,744$8,863,020$3,605,164$39,954,115
93$109,515,660$9,203,923$3,632,552$43,656,553
94$120,589,930$9,558,587$3,657,915$47,725,039
95$132,790,741$9,927,597$3,681,093$52,196,528
96$146,232,905$10,311,557$3,701,918$57,111,727
97$161,042,942$10,711,104$3,720,213$62,515,487
98$177,360,272$11,126,897$3,735,790$68,457,212
99$195,338,534$11,559,630$3,748,453$74,991,336
100$215,147,036$12,010,023$3,757,998$82,177,824