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

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$154,423$153,047$151,705$150,395$149,116$147,131
2 years$76,447$75,023$73,643$72,306$71,008$69,011
3 years$50,458$49,028$47,652$46,327$45,050$43,104
4 years$37,467$36,041$34,679$33,376$32,130$30,249
5 years$29,674$28,257$26,912$25,636$24,425$22,615
6 years$24,480$23,074$21,749$20,501$19,327$17,589
7 years$20,772$19,377$18,073$16,855$15,718$14,054
8 years$17,992$16,610$15,328$14,139$13,039$11,449
9 years$15,831$14,462$13,202$12,044$10,981$9,463
10 years$14,103$12,747$11,510$10,382$9,356$7,911
11 years$12,690$11,348$10,133$9,035$8,047$6,671
12 years$11,514$10,186$8,993$7,925$6,973$5,666
13 years$10,519$9,205$8,034$6,997$6,081$4,841
14 years$9,667$8,367$7,219$6,211$5,330$4,156
15 years$8,930$7,643$6,518$5,539$4,693$3,582
16 years$8,285$7,013$5,909$4,960$4,148$3,097
17 years$7,716$6,458$5,377$4,456$3,678$2,686
18 years$7,212$5,968$4,909$4,016$3,270$2,335
19 years$6,761$5,531$4,494$3,629$2,915$2,035
20 years$6,356$5,140$4,124$3,286$2,604$1,776
21 years$5,989$4,787$3,793$2,983$2,330$1,552
22 years$5,657$4,469$3,496$2,712$2,088$1,358
23 years$5,354$4,180$3,228$2,470$1,875$1,190
24 years$5,076$3,916$2,985$2,253$1,685$1,044
25 years$4,821$3,675$2,765$2,057$1,516$917
26 years$4,586$3,454$2,564$1,881$1,366$805
27 years$4,369$3,251$2,381$1,722$1,231$708
28 years$4,168$3,063$2,214$1,577$1,111$623
29 years$3,981$2,890$2,060$1,447$1,003$548
30 years$3,807$2,729$1,919$1,328$907$483
31 years$3,644$2,580$1,789$1,219$820$425
32 years$3,492$2,441$1,669$1,121$741$375
33 years$3,349$2,312$1,558$1,030$671$330
34 years$3,215$2,191$1,456$948$607$291
35 years$3,089$2,078$1,361$873$550$257
36 years$2,970$1,972$1,274$804$499$226
37 years$2,858$1,873$1,192$741$452$200
38 years$2,752$1,780$1,116$683$410$176
39 years$2,652$1,693$1,046$629$371$156
40 years$2,557$1,611$980$581$337$137
41 years$2,466$1,533$919$536$306$121
42 years$2,381$1,460$862$494$277$107
43 years$2,299$1,391$809$456$252$94
44 years$2,222$1,326$759$421$228$83
45 years$2,148$1,265$713$389$207$74
46 years$2,078$1,206$670$359$188$65
47 years$2,010$1,151$629$332$171$57
48 years$1,946$1,099$591$307$155$51
49 years$1,885$1,049$556$284$141$45
50 years$1,826$1,002$523$262$128$40

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 $2,524 every year, while hoping to spend $35,623 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: 50/42/8 Blend
49$1,870,000$1,870,000$1,870,000$1,870,000
50$2,063,344$1,964,234$1,935,249$2,162,117
51$2,235,902$2,022,578$1,962,177$2,288,137
52$2,424,867$2,082,588$1,988,813$2,420,987
53$2,631,876$2,144,307$2,015,110$2,564,506
54$2,858,729$2,207,780$2,041,018$2,719,704
55$3,107,410$2,273,052$2,066,483$2,887,688
56$3,380,106$2,340,171$2,091,450$3,069,679
57$3,679,222$2,409,185$2,115,859$3,267,020
58$4,007,410$2,480,142$2,139,648$3,481,187
59$4,367,590$2,553,093$2,162,750$3,713,807
60$4,762,978$2,628,088$2,185,096$3,966,668
61$5,197,117$2,705,180$2,206,612$4,241,740
62$5,673,910$2,784,421$2,227,221$4,541,190
63$6,197,657$2,865,866$2,246,841$4,867,405
64$6,773,093$2,949,569$2,265,385$5,223,010
65$7,405,438$3,035,587$2,282,765$5,610,899
66$8,100,438$3,123,977$2,298,883$6,034,257
67$8,864,428$3,214,796$2,313,640$6,496,589
68$9,704,383$3,308,105$2,326,931$7,001,759
69$10,627,991$3,403,963$2,338,644$7,554,019
70$11,643,720$3,502,431$2,348,663$8,158,052
71$12,760,901$3,603,572$2,356,865$8,819,018
72$13,989,815$3,707,449$2,363,122$9,542,598
73$15,341,788$3,814,126$2,367,298$10,335,050
74$16,829,301$3,923,668$2,369,253$11,203,268
75$18,466,103$4,036,141$2,368,836$12,154,846
76$20,267,345$4,151,612$2,365,892$13,198,148
77$22,249,722$4,270,148$2,360,257$14,342,389
78$24,431,627$4,391,819$2,351,759$15,597,720
79$26,833,328$4,516,693$2,340,218$16,975,325
80$29,477,157$4,644,841$2,325,445$18,487,524
81$32,387,722$4,776,334$2,307,243$20,147,892
82$35,592,138$4,911,242$2,285,403$21,971,381
83$39,120,281$5,049,637$2,259,709$23,974,470
84$43,005,073$5,191,594$2,229,933$26,175,311
85$47,282,792$5,337,183$2,195,838$28,593,906
86$51,993,412$5,486,480$2,157,173$31,252,292
87$57,180,979$5,639,556$2,113,677$34,174,750
88$62,894,031$5,796,487$2,065,078$37,388,036
89$69,186,054$5,957,347$2,011,090$40,921,627
90$76,115,983$6,122,208$1,951,413$44,808,007
91$83,748,763$6,291,146$1,885,735$49,082,966
92$92,155,959$6,464,234$1,813,728$53,785,943
93$101,416,430$6,641,545$1,735,052$58,960,393
94$111,617,077$6,823,152$1,649,347$64,654,202
95$122,853,659$7,009,127$1,556,241$70,920,135
96$135,231,700$7,199,541$1,455,342$77,816,332
97$148,867,480$7,394,465$1,346,243$85,406,865
98$163,889,137$7,593,969$1,228,516$93,762,330
99$180,437,874$7,798,118$1,101,717$102,960,526
100$198,669,292$8,006,981$965,379$113,087,179