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%11.1%
1 years$153,597$152,229$150,894$149,591$148,319$147,632
2 years$76,038$74,622$73,250$71,919$70,628$69,935
3 years$50,189$48,766$47,397$46,079$44,809$44,131
4 years$37,266$35,848$34,493$33,197$31,958$31,300
5 years$29,515$28,106$26,768$25,499$24,294$23,658
6 years$24,349$22,950$21,633$20,392$19,223$18,610
7 years$20,661$19,274$17,977$16,765$15,634$15,044
8 years$17,896$16,521$15,246$14,064$12,970$12,403
9 years$15,746$14,385$13,131$11,979$10,922$10,379
10 years$14,027$12,679$11,448$10,326$9,306$8,786
11 years$12,622$11,288$10,079$8,987$8,004$7,506
12 years$11,452$10,131$8,945$7,883$6,936$6,461
13 years$10,463$9,156$7,991$6,959$6,048$5,595
14 years$9,615$8,322$7,180$6,178$5,302$4,870
15 years$8,882$7,602$6,483$5,509$4,668$4,257
16 years$8,241$6,975$5,878$4,933$4,126$3,735
17 years$7,675$6,424$5,348$4,432$3,658$3,287
18 years$7,173$5,936$4,882$3,994$3,253$2,900
19 years$6,725$5,501$4,470$3,609$2,899$2,565
20 years$6,322$5,112$4,102$3,269$2,590$2,273
21 years$5,957$4,762$3,773$2,967$2,317$2,018
22 years$5,626$4,445$3,477$2,697$2,077$1,794
23 years$5,325$4,157$3,211$2,457$1,865$1,598
24 years$5,049$3,895$2,969$2,241$1,676$1,424
25 years$4,795$3,655$2,750$2,046$1,508$1,271
26 years$4,562$3,435$2,551$1,871$1,358$1,135
27 years$4,346$3,233$2,369$1,713$1,225$1,015
28 years$4,146$3,047$2,202$1,569$1,105$908
29 years$3,959$2,874$2,049$1,439$998$812
30 years$3,786$2,714$1,909$1,321$902$728
31 years$3,624$2,566$1,779$1,213$815$652
32 years$3,473$2,428$1,660$1,115$737$585
33 years$3,331$2,299$1,550$1,025$667$524
34 years$3,198$2,179$1,448$943$604$470
35 years$3,072$2,067$1,354$868$547$422
36 years$2,954$1,962$1,267$800$496$379
37 years$2,843$1,863$1,186$737$449$340
38 years$2,737$1,771$1,110$679$407$306
39 years$2,637$1,684$1,040$626$369$275
40 years$2,543$1,602$975$577$335$247
41 years$2,453$1,525$914$533$304$222
42 years$2,368$1,452$858$492$276$199
43 years$2,287$1,384$805$454$250$179
44 years$2,210$1,319$755$419$227$161
45 years$2,136$1,258$709$387$206$145
46 years$2,066$1,200$666$358$187$130
47 years$2,000$1,145$626$330$170$117
48 years$1,936$1,093$588$305$154$105
49 years$1,874$1,044$553$282$140$95
50 years$1,816$997$520$261$127$85

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 $4,588 every year, while hoping to spend $32,790 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: 55/27/18 Blend
49$1,860,000$1,860,000$1,860,000$1,860,000
50$2,054,453$1,955,873$1,927,043$2,157,297
51$2,229,118$2,016,822$1,956,710$2,288,929
52$2,420,501$2,079,659$1,986,273$2,428,306
53$2,630,271$2,144,441$2,015,692$2,579,354
54$2,860,269$2,211,229$2,044,927$2,743,199
55$3,112,520$2,280,083$2,073,936$2,921,077
56$3,389,257$2,351,066$2,102,672$3,114,351
57$3,692,937$2,424,245$2,131,088$3,324,521
58$4,026,269$2,499,685$2,159,132$3,553,237
59$4,392,235$2,577,457$2,186,750$3,802,318
60$4,794,122$2,657,631$2,213,885$4,073,763
61$5,235,548$2,740,280$2,240,476$4,369,776
62$5,720,501$2,825,481$2,266,459$4,692,784
63$6,253,374$2,913,311$2,291,766$5,045,459
64$6,839,005$3,003,850$2,316,327$5,430,742
65$7,482,725$3,097,181$2,340,066$5,851,876
66$8,190,409$3,193,388$2,362,904$6,312,428
67$8,968,526$3,292,560$2,384,757$6,816,330
68$9,824,206$3,394,786$2,405,537$7,367,913
69$10,765,304$3,500,159$2,425,151$7,971,946
70$11,800,473$3,608,775$2,443,502$8,633,684
71$12,939,248$3,720,732$2,460,486$9,358,914
72$14,192,135$3,836,131$2,475,996$10,154,013
73$15,570,708$3,955,077$2,489,917$11,026,004
74$17,087,722$4,077,677$2,502,131$11,982,625
75$18,757,228$4,204,042$2,512,511$13,032,403
76$20,594,710$4,334,285$2,520,925$14,184,730
77$22,617,229$4,468,524$2,527,235$15,449,953
78$24,843,584$4,606,879$2,531,294$16,839,474
79$27,294,488$4,749,474$2,532,951$18,365,853
80$29,992,765$4,896,438$2,532,044$20,042,932
81$32,963,565$5,047,902$2,528,406$21,885,960
82$36,234,600$5,204,000$2,521,859$23,911,738
83$39,836,407$5,364,873$2,512,218$26,138,780
84$43,802,632$5,530,664$2,499,290$28,587,485
85$48,170,355$5,701,521$2,482,870$31,280,329
86$52,980,430$5,877,595$2,462,746$34,242,079
87$58,277,880$6,059,042$2,438,693$37,500,025
88$64,112,312$6,246,024$2,410,478$41,084,238
89$70,538,395$6,438,706$2,377,856$45,027,852
90$77,616,367$6,637,258$2,340,569$49,367,379
91$85,412,608$6,841,856$2,298,350$54,143,053
92$94,000,265$7,052,678$2,250,917$59,399,206
93$103,459,945$7,269,912$2,197,975$65,184,691
94$113,880,469$7,493,747$2,139,217$71,553,342
95$125,359,716$7,724,380$2,074,320$78,564,477
96$138,005,544$7,962,012$2,002,947$86,283,465
97$151,936,810$8,206,851$1,924,746$94,782,337
98$167,284,488$8,459,110$1,839,348$104,140,471
99$184,192,909$8,719,009$1,746,369$114,445,334
100$202,821,118$8,986,773$1,645,405$125,793,315