Can I retire at age 50 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$153,597$152,229$150,894$149,591$148,319$144,149
2 years$76,038$74,622$73,250$71,919$70,628$66,459
3 years$50,189$48,766$47,397$46,079$44,809$40,771
4 years$37,266$35,848$34,493$33,197$31,958$28,082
5 years$29,515$28,106$26,768$25,499$24,294$20,591
6 years$24,349$22,950$21,633$20,392$19,223$15,696
7 years$20,661$19,274$17,977$16,765$15,634$12,283
8 years$17,896$16,521$15,246$14,064$12,970$9,793
9 years$15,746$14,385$13,131$11,979$10,922$7,917
10 years$14,027$12,679$11,448$10,326$9,306$6,469
11 years$12,622$11,288$10,079$8,987$8,004$5,329
12 years$11,452$10,131$8,945$7,883$6,936$4,419
13 years$10,463$9,156$7,991$6,959$6,048$3,684
14 years$9,615$8,322$7,180$6,178$5,302$3,084
15 years$8,882$7,602$6,483$5,509$4,668$2,590
16 years$8,241$6,975$5,878$4,933$4,126$2,182
17 years$7,675$6,424$5,348$4,432$3,658$1,843
18 years$7,173$5,936$4,882$3,994$3,253$1,560
19 years$6,725$5,501$4,470$3,609$2,899$1,322
20 years$6,322$5,112$4,102$3,269$2,590$1,122
21 years$5,957$4,762$3,773$2,967$2,317$953
22 years$5,626$4,445$3,477$2,697$2,077$811
23 years$5,325$4,157$3,211$2,457$1,865$690
24 years$5,049$3,895$2,969$2,241$1,676$588
25 years$4,795$3,655$2,750$2,046$1,508$501
26 years$4,562$3,435$2,551$1,871$1,358$428
27 years$4,346$3,233$2,369$1,713$1,225$365
28 years$4,146$3,047$2,202$1,569$1,105$311
29 years$3,959$2,874$2,049$1,439$998$266
30 years$3,786$2,714$1,909$1,321$902$227
31 years$3,624$2,566$1,779$1,213$815$194
32 years$3,473$2,428$1,660$1,115$737$166
33 years$3,331$2,299$1,550$1,025$667$142
34 years$3,198$2,179$1,448$943$604$121
35 years$3,072$2,067$1,354$868$547$104
36 years$2,954$1,962$1,267$800$496$89
37 years$2,843$1,863$1,186$737$449$76
38 years$2,737$1,771$1,110$679$407$65
39 years$2,637$1,684$1,040$626$369$55
40 years$2,543$1,602$975$577$335$47
41 years$2,453$1,525$914$533$304$40
42 years$2,368$1,452$858$492$276$35
43 years$2,287$1,384$805$454$250$30
44 years$2,210$1,319$755$419$227$25
45 years$2,136$1,258$709$387$206$22
46 years$2,066$1,200$666$358$187$19
47 years$2,000$1,145$626$330$170$16
48 years$1,936$1,093$588$305$154$14
49 years$1,874$1,044$553$282$140$12
50 years$1,816$997$520$261$127$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,860,000, adding $4,218 every year, while hoping to spend $47,113 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: 63/16/21 Blend
49$1,860,000$1,860,000$1,860,000$1,860,000
50$2,054,071$1,955,491$1,926,661$2,172,077
51$2,213,458$2,001,182$1,941,076$2,297,842
52$2,387,524$2,047,533$1,954,395$2,429,484
53$2,577,716$2,094,527$1,966,532$2,572,177
54$2,785,627$2,142,143$1,977,395$2,727,004
55$3,013,012$2,190,359$1,986,889$2,895,159
56$3,261,803$2,239,150$1,994,913$3,077,957
57$3,534,127$2,288,488$2,001,363$3,276,847
58$3,832,326$2,338,342$2,006,126$3,493,426
59$4,158,979$2,388,677$2,009,087$3,729,455
60$4,516,927$2,439,454$2,010,124$3,986,871
61$4,909,298$2,490,632$2,009,108$4,267,813
62$5,339,539$2,542,165$2,005,905$4,574,636
63$5,811,442$2,594,001$2,000,373$4,909,935
64$6,329,189$2,646,087$1,992,365$5,276,572
65$6,897,382$2,698,362$1,981,726$5,677,697
66$7,521,094$2,750,760$1,968,293$6,116,788
67$8,205,911$2,803,212$1,951,895$6,597,672
68$8,957,984$2,855,641$1,932,355$7,124,570
69$9,784,095$2,907,963$1,909,484$7,702,135
70$10,691,708$2,960,089$1,883,088$8,335,494
71$11,689,052$3,011,923$1,852,961$9,030,296
72$12,785,189$3,063,361$1,818,889$9,792,771
73$13,990,103$3,114,291$1,780,647$10,629,783
74$15,314,795$3,164,592$1,737,999$11,548,897
75$16,771,383$3,214,135$1,690,701$12,558,452
76$18,373,218$3,262,783$1,638,494$13,667,640
77$20,135,013$3,310,385$1,581,109$14,886,590
78$22,072,973$3,356,783$1,518,266$16,226,466
79$24,204,958$3,401,807$1,449,669$17,699,576
80$26,550,642$3,445,274$1,375,012$19,319,480
81$29,131,704$3,486,989$1,293,971$21,101,129
82$31,972,031$3,526,745$1,206,212$23,060,997
83$35,097,942$3,564,318$1,111,384$25,217,243
84$38,538,435$3,599,473$1,009,119$27,589,882
85$42,325,464$3,631,957$899,033$30,200,973
86$46,494,238$3,661,499$780,727$33,074,827
87$51,083,552$3,687,814$653,783$36,238,239
88$56,136,153$3,710,595$517,763$39,720,742
89$61,699,145$3,729,519$372,213$43,554,885
90$67,824,430$3,744,238$216,655$47,776,540
91$74,569,202$3,754,386$50,593$52,425,247
92$81,996,481$3,759,571$0$57,544,578
93$90,175,711$3,759,379$0$63,210,933
94$99,183,414$3,753,369$0$69,462,811
95$109,103,910$3,741,072$0$76,347,325
96$120,030,116$3,721,992$0$83,928,898
97$132,064,420$3,695,601$0$92,278,525
98$145,319,647$3,661,342$0$101,474,442
99$159,920,124$3,618,620$0$111,602,863
100$176,002,852$3,566,808$0$122,758,796