Can I retire at age 50 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$154,423$153,047$151,705$150,395$149,116$144,055
2 years$76,447$75,023$73,643$72,306$71,008$65,959
3 years$50,458$49,028$47,652$46,327$45,050$40,173
4 years$37,467$36,041$34,679$33,376$32,130$27,462
5 years$29,674$28,257$26,912$25,636$24,425$19,978
6 years$24,480$23,074$21,749$20,501$19,327$15,104
7 years$20,772$19,377$18,073$16,855$15,718$11,719
8 years$17,992$16,610$15,328$14,139$13,039$9,261
9 years$15,831$14,462$13,202$12,044$10,981$7,419
10 years$14,103$12,747$11,510$10,382$9,356$6,005
11 years$12,690$11,348$10,133$9,035$8,047$4,899
12 years$11,514$10,186$8,993$7,925$6,973$4,022
13 years$10,519$9,205$8,034$6,997$6,081$3,319
14 years$9,667$8,367$7,219$6,211$5,330$2,750
15 years$8,930$7,643$6,518$5,539$4,693$2,286
16 years$8,285$7,013$5,909$4,960$4,148$1,905
17 years$7,716$6,458$5,377$4,456$3,678$1,591
18 years$7,212$5,968$4,909$4,016$3,270$1,331
19 years$6,761$5,531$4,494$3,629$2,915$1,116
20 years$6,356$5,140$4,124$3,286$2,604$936
21 years$5,989$4,787$3,793$2,983$2,330$786
22 years$5,657$4,469$3,496$2,712$2,088$661
23 years$5,354$4,180$3,228$2,470$1,875$556
24 years$5,076$3,916$2,985$2,253$1,685$468
25 years$4,821$3,675$2,765$2,057$1,516$394
26 years$4,586$3,454$2,564$1,881$1,366$332
27 years$4,369$3,251$2,381$1,722$1,231$280
28 years$4,168$3,063$2,214$1,577$1,111$236
29 years$3,981$2,890$2,060$1,447$1,003$199
30 years$3,807$2,729$1,919$1,328$907$168
31 years$3,644$2,580$1,789$1,219$820$142
32 years$3,492$2,441$1,669$1,121$741$120
33 years$3,349$2,312$1,558$1,030$671$101
34 years$3,215$2,191$1,456$948$607$85
35 years$3,089$2,078$1,361$873$550$72
36 years$2,970$1,972$1,274$804$499$61
37 years$2,858$1,873$1,192$741$452$51
38 years$2,752$1,780$1,116$683$410$43
39 years$2,652$1,693$1,046$629$371$37
40 years$2,557$1,611$980$581$337$31
41 years$2,466$1,533$919$536$306$26
42 years$2,381$1,460$862$494$277$22
43 years$2,299$1,391$809$456$252$19
44 years$2,222$1,326$759$421$228$16
45 years$2,148$1,265$713$389$207$13
46 years$2,078$1,206$670$359$188$11
47 years$2,010$1,151$629$332$171$9
48 years$1,946$1,099$591$307$155$8
49 years$1,885$1,049$556$284$141$7
50 years$1,826$1,002$523$262$128$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,870,000, adding $2,686 every year, while hoping to spend $42,229 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: 74/5/21 Blend
49$1,870,000$1,870,000$1,870,000$1,870,000
50$2,063,511$1,964,401$1,935,416$2,205,602
51$2,229,057$2,015,725$1,955,321$2,351,667
52$2,410,075$2,068,149$1,974,477$2,506,311
53$2,608,096$2,121,681$1,992,816$2,674,705
54$2,824,809$2,176,331$2,010,263$2,858,211
55$3,062,073$2,232,106$2,026,740$3,058,329
56$3,321,937$2,289,011$2,042,168$3,276,712
57$3,606,654$2,347,052$2,056,460$3,515,179
58$3,918,707$2,406,231$2,069,526$3,775,736
59$4,260,830$2,466,553$2,081,271$4,060,594
60$4,636,037$2,528,016$2,091,595$4,372,186
61$5,047,644$2,590,619$2,100,394$4,713,195
62$5,499,304$2,654,360$2,107,559$5,086,578
63$5,995,044$2,719,234$2,112,972$5,495,590
64$6,539,295$2,785,233$2,116,513$5,943,820
65$7,136,941$2,852,348$2,118,055$6,435,224
66$7,793,363$2,920,567$2,117,463$6,974,158
67$8,514,486$2,989,875$2,114,598$7,565,424
68$9,306,838$3,060,254$2,109,312$8,214,313
69$10,177,613$3,131,683$2,101,452$8,926,657
70$11,134,734$3,204,140$2,090,854$9,708,880
71$12,186,929$3,277,595$2,077,350$10,568,063
72$13,343,816$3,352,018$2,060,762$11,512,008
73$14,615,991$3,427,373$2,040,904$12,549,315
74$16,015,128$3,503,620$2,017,580$13,689,458
75$17,554,089$3,580,715$1,990,586$14,942,880
76$19,247,044$3,658,608$1,959,709$16,321,088
77$21,109,608$3,737,245$1,924,724$17,836,764
78$23,158,983$3,816,564$1,885,397$19,503,883
79$25,414,124$3,896,501$1,841,483$21,337,845
80$27,895,917$3,976,982$1,792,725$23,355,623
81$30,627,373$4,057,927$1,738,854$25,575,921
82$33,633,850$4,139,250$1,679,590$28,019,350
83$36,943,285$4,220,856$1,614,639$30,708,627
84$40,586,465$4,302,642$1,543,694$33,668,783
85$44,597,310$4,384,497$1,466,434$36,927,407
86$49,013,198$4,466,301$1,382,522$40,514,900
87$53,875,317$4,547,922$1,291,609$44,464,766
88$59,229,049$4,629,220$1,193,328$48,813,928
89$65,124,403$4,710,042$1,087,295$53,603,077
90$71,616,484$4,790,226$973,111$58,877,053
91$78,766,012$4,869,594$850,357$64,685,275
92$86,639,899$4,947,958$718,598$71,082,202
93$95,311,875$5,025,114$577,377$78,127,850
94$104,863,186$5,100,844$426,219$85,888,361
95$115,383,359$5,174,914$264,625$94,436,622
96$126,971,050$5,247,073$92,079$103,852,959
97$139,734,972$5,317,054$0$114,225,894
98$153,794,918$5,384,569$0$125,673,608
99$169,282,899$5,449,313$0$138,306,340
100$186,344,383$5,510,957$0$152,222,044