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%19.9%
1 years$153,597$152,229$150,894$149,591$148,319$142,434
2 years$76,038$74,622$73,250$71,919$70,628$64,772
3 years$50,189$48,766$47,397$46,079$44,809$39,167
4 years$37,266$35,848$34,493$33,197$31,958$26,572
5 years$29,515$28,106$26,768$25,499$24,294$19,178
6 years$24,349$22,950$21,633$20,392$19,223$14,380
7 years$20,661$19,274$17,977$16,765$15,634$11,062
8 years$17,896$16,521$15,246$14,064$12,970$8,665
9 years$15,746$14,385$13,131$11,979$10,922$6,878
10 years$14,027$12,679$11,448$10,326$9,306$5,514
11 years$12,622$11,288$10,079$8,987$8,004$4,455
12 years$11,452$10,131$8,945$7,883$6,936$3,621
13 years$10,463$9,156$7,991$6,959$6,048$2,957
14 years$9,615$8,322$7,180$6,178$5,302$2,425
15 years$8,882$7,602$6,483$5,509$4,668$1,994
16 years$8,241$6,975$5,878$4,933$4,126$1,644
17 years$7,675$6,424$5,348$4,432$3,658$1,358
18 years$7,173$5,936$4,882$3,994$3,253$1,124
19 years$6,725$5,501$4,470$3,609$2,899$931
20 years$6,322$5,112$4,102$3,269$2,590$772
21 years$5,957$4,762$3,773$2,967$2,317$641
22 years$5,626$4,445$3,477$2,697$2,077$533
23 years$5,325$4,157$3,211$2,457$1,865$443
24 years$5,049$3,895$2,969$2,241$1,676$368
25 years$4,795$3,655$2,750$2,046$1,508$307
26 years$4,562$3,435$2,551$1,871$1,358$255
27 years$4,346$3,233$2,369$1,713$1,225$213
28 years$4,146$3,047$2,202$1,569$1,105$177
29 years$3,959$2,874$2,049$1,439$998$148
30 years$3,786$2,714$1,909$1,321$902$123
31 years$3,624$2,566$1,779$1,213$815$102
32 years$3,473$2,428$1,660$1,115$737$85
33 years$3,331$2,299$1,550$1,025$667$71
34 years$3,198$2,179$1,448$943$604$59
35 years$3,072$2,067$1,354$868$547$49
36 years$2,954$1,962$1,267$800$496$41
37 years$2,843$1,863$1,186$737$449$34
38 years$2,737$1,771$1,110$679$407$29
39 years$2,637$1,684$1,040$626$369$24
40 years$2,543$1,602$975$577$335$20
41 years$2,453$1,525$914$533$304$17
42 years$2,368$1,452$858$492$276$14
43 years$2,287$1,384$805$454$250$12
44 years$2,210$1,319$755$419$227$10
45 years$2,136$1,258$709$387$206$8
46 years$2,066$1,200$666$358$187$7
47 years$2,000$1,145$626$330$170$6
48 years$1,936$1,093$588$305$154$5
49 years$1,874$1,044$553$282$140$4
50 years$1,816$997$520$261$127$3

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 $6,879 every year, while hoping to spend $27,901 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: 59/28/13 Blend
49$1,860,000$1,860,000$1,860,000$1,860,000
50$2,056,816$1,958,236$1,929,406$2,171,143
51$2,236,924$2,024,503$1,964,354$2,315,284
52$2,434,469$2,093,082$1,999,539$2,468,667
53$2,651,199$2,164,057$2,034,937$2,635,259
54$2,889,040$2,237,514$2,070,526$2,816,334
55$3,150,115$2,313,545$2,106,282$3,013,295
56$3,436,760$2,392,243$2,142,176$3,227,687
57$3,751,552$2,473,705$2,178,181$3,461,208
58$4,097,326$2,558,032$2,214,265$3,715,728
59$4,477,207$2,645,329$2,250,397$3,993,306
60$4,894,637$2,735,705$2,286,541$4,296,206
61$5,353,409$2,829,274$2,322,659$4,626,923
62$5,857,701$2,926,152$2,358,712$4,988,202
63$6,412,115$3,026,463$2,394,657$5,383,066
64$7,021,722$3,130,331$2,430,450$5,814,844
65$7,692,110$3,237,890$2,466,042$6,287,201
66$8,429,434$3,349,275$2,501,384$6,804,171
67$9,240,477$3,464,629$2,536,420$7,370,200
68$10,132,709$3,584,100$2,571,094$7,990,182
69$11,114,365$3,707,840$2,605,345$8,669,505
70$12,194,515$3,836,010$2,639,109$9,414,108
71$13,383,155$3,968,774$2,672,319$10,230,527
72$14,691,298$4,106,304$2,704,902$11,125,965
73$16,131,077$4,248,780$2,736,783$12,108,352
74$17,715,864$4,396,388$2,767,883$13,186,427
75$19,460,391$4,549,319$2,798,115$14,369,814
76$21,380,891$4,707,776$2,827,392$15,669,114
77$23,495,252$4,871,967$2,855,620$17,096,007
78$25,823,183$5,042,108$2,882,698$18,663,357
79$28,386,402$5,218,427$2,908,524$20,385,338
80$31,208,841$5,401,156$2,932,985$22,277,564
81$34,316,871$5,590,540$2,955,968$24,357,236
82$37,739,548$5,786,833$2,977,350$26,643,306
83$41,508,893$5,990,299$2,997,002$29,156,652
84$45,660,188$6,201,212$3,014,789$31,920,278
85$50,232,313$6,419,857$3,030,571$34,959,526
86$55,268,111$6,646,531$3,044,196$38,302,321
87$60,814,791$6,881,544$3,055,510$41,979,426
88$66,924,376$7,125,216$3,064,346$46,024,738
89$73,654,193$7,377,883$3,070,532$50,475,606
90$81,067,413$7,639,891$3,073,887$55,373,178
91$89,233,646$7,911,603$3,074,220$60,762,797
92$98,229,602$8,193,396$3,071,330$66,694,421
93$108,139,811$8,485,661$3,065,009$73,223,096
94$119,057,421$8,788,807$3,055,036$80,409,477
95$131,085,078$9,103,259$3,041,180$88,320,396
96$144,335,896$9,429,459$3,023,199$97,029,495
97$158,934,522$9,767,867$3,000,841$106,617,919
98$175,018,313$10,118,963$2,973,839$117,175,079
99$192,738,634$10,483,245$2,941,916$128,799,499
100$212,262,284$10,861,233$2,904,779$141,599,743