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

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$153,597$152,229$150,894$149,591$148,319$144,733
2 years$76,038$74,622$73,250$71,919$70,628$67,037
3 years$50,189$48,766$47,397$46,079$44,809$41,325
4 years$37,266$35,848$34,493$33,197$31,958$28,608
5 years$29,515$28,106$26,768$25,499$24,294$21,087
6 years$24,349$22,950$21,633$20,392$19,223$16,163
7 years$20,661$19,274$17,977$16,765$15,634$12,720
8 years$17,896$16,521$15,246$14,064$12,970$10,201
9 years$15,746$14,385$13,131$11,979$10,922$8,297
10 years$14,027$12,679$11,448$10,326$9,306$6,821
11 years$12,622$11,288$10,079$8,987$8,004$5,656
12 years$11,452$10,131$8,945$7,883$6,936$4,721
13 years$10,463$9,156$7,991$6,959$6,048$3,962
14 years$9,615$8,322$7,180$6,178$5,302$3,339
15 years$8,882$7,602$6,483$5,509$4,668$2,825
16 years$8,241$6,975$5,878$4,933$4,126$2,397
17 years$7,675$6,424$5,348$4,432$3,658$2,039
18 years$7,173$5,936$4,882$3,994$3,253$1,738
19 years$6,725$5,501$4,470$3,609$2,899$1,484
20 years$6,322$5,112$4,102$3,269$2,590$1,269
21 years$5,957$4,762$3,773$2,967$2,317$1,087
22 years$5,626$4,445$3,477$2,697$2,077$932
23 years$5,325$4,157$3,211$2,457$1,865$800
24 years$5,049$3,895$2,969$2,241$1,676$687
25 years$4,795$3,655$2,750$2,046$1,508$590
26 years$4,562$3,435$2,551$1,871$1,358$507
27 years$4,346$3,233$2,369$1,713$1,225$436
28 years$4,146$3,047$2,202$1,569$1,105$376
29 years$3,959$2,874$2,049$1,439$998$323
30 years$3,786$2,714$1,909$1,321$902$278
31 years$3,624$2,566$1,779$1,213$815$240
32 years$3,473$2,428$1,660$1,115$737$207
33 years$3,331$2,299$1,550$1,025$667$178
34 years$3,198$2,179$1,448$943$604$153
35 years$3,072$2,067$1,354$868$547$132
36 years$2,954$1,962$1,267$800$496$114
37 years$2,843$1,863$1,186$737$449$98
38 years$2,737$1,771$1,110$679$407$85
39 years$2,637$1,684$1,040$626$369$73
40 years$2,543$1,602$975$577$335$63
41 years$2,453$1,525$914$533$304$54
42 years$2,368$1,452$858$492$276$47
43 years$2,287$1,384$805$454$250$40
44 years$2,210$1,319$755$419$227$35
45 years$2,136$1,258$709$387$206$30
46 years$2,066$1,200$666$358$187$26
47 years$2,000$1,145$626$330$170$22
48 years$1,936$1,093$588$305$154$19
49 years$1,874$1,044$553$282$140$17
50 years$1,816$997$520$261$127$14

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 $2,514 every year, while hoping to spend $32,021 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: 52/34/14 Blend
49$1,860,000$1,860,000$1,860,000$1,860,000
50$2,052,313$1,953,733$1,924,903$2,151,197
51$2,227,579$2,015,396$1,955,317$2,280,752
52$2,419,649$2,079,007$1,985,677$2,417,976
53$2,630,203$2,144,628$2,015,947$2,566,498
54$2,861,091$2,212,323$2,046,089$2,727,397
55$3,114,352$2,282,156$2,076,063$2,901,857
56$3,392,231$2,354,197$2,105,826$3,091,184
57$3,697,201$2,428,515$2,135,333$3,296,812
58$4,031,984$2,505,181$2,164,536$3,520,322
59$4,399,582$2,584,270$2,193,383$3,763,451
60$4,803,300$2,665,860$2,221,822$4,028,114
61$5,246,778$2,750,028$2,249,794$4,316,417
62$5,734,027$2,836,858$2,277,240$4,630,679
63$6,269,466$2,926,432$2,304,096$4,973,453
64$6,857,963$3,018,839$2,330,295$5,347,550
65$7,504,881$3,114,167$2,355,765$5,756,064
66$8,216,127$3,212,510$2,380,432$6,202,404
67$8,998,212$3,313,962$2,404,216$6,690,322
68$9,858,306$3,418,623$2,427,034$7,223,951
69$10,804,312$3,526,594$2,448,798$7,807,844
70$11,844,935$3,637,980$2,469,416$8,447,012
71$12,989,766$3,752,890$2,488,790$9,146,977
72$14,249,375$3,871,434$2,506,817$9,913,820
73$15,635,406$3,993,729$2,523,389$10,754,240
74$17,160,688$4,119,893$2,538,394$11,675,614
75$18,839,359$4,250,048$2,551,711$12,686,071
76$20,686,996$4,384,322$2,563,215$13,794,563
77$22,720,760$4,522,845$2,572,774$15,010,954
78$24,959,566$4,665,753$2,580,250$16,346,109
79$27,424,250$4,813,183$2,585,497$17,811,997
80$30,137,774$4,965,279$2,588,361$19,421,807
81$33,125,439$5,122,191$2,588,684$21,190,065
82$36,415,126$5,284,069$2,586,296$23,132,780
83$40,037,553$5,451,073$2,581,022$25,267,585
84$44,026,573$5,623,365$2,572,675$27,613,910
85$48,419,486$5,801,113$2,561,062$30,193,162
86$53,257,395$5,984,489$2,545,980$33,028,928
87$58,585,594$6,173,673$2,527,215$36,147,194
88$64,453,991$6,368,850$2,504,543$39,576,596
89$70,917,584$6,570,209$2,477,731$43,348,682
90$78,036,975$6,777,948$2,446,533$47,498,215
91$85,878,947$6,992,268$2,410,692$52,063,500
92$94,517,090$7,213,379$2,369,941$57,086,743
93$104,032,496$7,441,497$2,323,996$62,614,448
94$114,514,525$7,676,845$2,272,564$68,697,861
95$126,061,648$7,919,652$2,215,337$75,393,447
96$138,782,377$8,170,156$2,151,992$82,763,426
97$152,796,287$8,428,601$2,082,192$90,876,357
98$168,235,147$8,695,241$2,005,583$99,807,789
99$185,244,160$8,970,336$1,921,798$109,640,969
100$203,983,337$9,254,155$1,830,451$120,467,631