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%19.2%
1 years$154,423$153,047$151,705$150,395$149,116$143,597
2 years$76,447$75,023$73,643$72,306$71,008$65,510
3 years$50,458$49,028$47,652$46,327$45,050$39,746
4 years$37,467$36,041$34,679$33,376$32,130$27,060
5 years$29,674$28,257$26,912$25,636$24,425$19,603
6 years$24,480$23,074$21,749$20,501$19,327$14,755
7 years$20,772$19,377$18,073$16,855$15,718$11,396
8 years$17,992$16,610$15,328$14,139$13,039$8,964
9 years$15,831$14,462$13,202$12,044$10,981$7,146
10 years$14,103$12,747$11,510$10,382$9,356$5,755
11 years$12,690$11,348$10,133$9,035$8,047$4,671
12 years$11,514$10,186$8,993$7,925$6,973$3,814
13 years$10,519$9,205$8,034$6,997$6,081$3,130
14 years$9,667$8,367$7,219$6,211$5,330$2,579
15 years$8,930$7,643$6,518$5,539$4,693$2,131
16 years$8,285$7,013$5,909$4,960$4,148$1,766
17 years$7,716$6,458$5,377$4,456$3,678$1,466
18 years$7,212$5,968$4,909$4,016$3,270$1,220
19 years$6,761$5,531$4,494$3,629$2,915$1,016
20 years$6,356$5,140$4,124$3,286$2,604$847
21 years$5,989$4,787$3,793$2,983$2,330$707
22 years$5,657$4,469$3,496$2,712$2,088$591
23 years$5,354$4,180$3,228$2,470$1,875$494
24 years$5,076$3,916$2,985$2,253$1,685$413
25 years$4,821$3,675$2,765$2,057$1,516$346
26 years$4,586$3,454$2,564$1,881$1,366$290
27 years$4,369$3,251$2,381$1,722$1,231$243
28 years$4,168$3,063$2,214$1,577$1,111$203
29 years$3,981$2,890$2,060$1,447$1,003$170
30 years$3,807$2,729$1,919$1,328$907$143
31 years$3,644$2,580$1,789$1,219$820$120
32 years$3,492$2,441$1,669$1,121$741$100
33 years$3,349$2,312$1,558$1,030$671$84
34 years$3,215$2,191$1,456$948$607$70
35 years$3,089$2,078$1,361$873$550$59
36 years$2,970$1,972$1,274$804$499$50
37 years$2,858$1,873$1,192$741$452$42
38 years$2,752$1,780$1,116$683$410$35
39 years$2,652$1,693$1,046$629$371$29
40 years$2,557$1,611$980$581$337$25
41 years$2,466$1,533$919$536$306$21
42 years$2,381$1,460$862$494$277$17
43 years$2,299$1,391$809$456$252$14
44 years$2,222$1,326$759$421$228$12
45 years$2,148$1,265$713$389$207$10
46 years$2,078$1,206$670$359$188$9
47 years$2,010$1,151$629$332$171$7
48 years$1,946$1,099$591$307$155$6
49 years$1,885$1,049$556$284$141$5
50 years$1,826$1,002$523$262$128$4

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 $4,744 every year, while hoping to spend $28,147 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: 73/19/8 Blend
49$1,870,000$1,870,000$1,870,000$1,870,000
50$2,065,633$1,966,523$1,937,538$2,213,440
51$2,246,380$2,032,935$1,972,498$2,377,982
52$2,444,619$2,101,657$2,007,685$2,554,145
53$2,662,106$2,172,774$2,043,078$2,746,289
54$2,900,772$2,246,371$2,078,652$2,955,984
55$3,162,747$2,322,540$2,114,384$3,184,957
56$3,450,375$2,401,372$2,150,244$3,435,112
57$3,766,240$2,482,966$2,186,204$3,708,544
58$4,113,187$2,567,422$2,222,232$4,007,558
59$4,494,351$2,654,844$2,258,295$4,334,696
60$4,913,184$2,745,341$2,294,357$4,692,754
61$5,373,491$2,839,025$2,330,380$5,084,810
62$5,879,462$2,936,012$2,366,324$5,514,258
63$6,435,716$3,036,426$2,402,144$5,984,832
64$7,047,340$3,140,391$2,437,796$6,500,646
65$7,719,937$3,248,038$2,473,231$7,066,230
66$8,459,682$3,359,504$2,508,396$7,686,575
67$9,273,380$3,474,930$2,543,237$8,367,178
68$10,168,525$3,594,462$2,577,696$9,114,094
69$11,153,376$3,718,252$2,611,711$9,933,991
70$12,237,034$3,846,460$2,645,216$10,834,216
71$13,429,524$3,979,250$2,678,144$11,822,862
72$14,741,894$4,116,791$2,710,420$12,908,845
73$16,186,317$4,259,264$2,741,969$14,101,986
74$17,776,204$4,406,850$2,772,708$15,413,105
75$19,526,334$4,559,744$2,802,551$16,854,122
76$21,452,992$4,718,143$2,831,408$18,438,170
77$23,574,121$4,882,255$2,859,184$20,179,716
78$25,909,492$5,052,296$2,885,777$22,094,701
79$28,480,891$5,228,490$2,911,082$24,200,686
80$31,312,325$5,411,069$2,934,986$26,517,022
81$34,430,246$5,600,275$2,957,372$29,065,027
82$37,863,804$5,796,361$2,978,116$31,868,190
83$41,645,116$5,999,587$2,997,088$34,952,392
84$45,809,578$6,210,227$3,014,150$38,346,148
85$50,396,189$6,428,562$3,029,158$42,080,878
86$55,447,927$6,654,889$3,041,961$46,191,200
87$61,012,149$6,889,511$3,052,400$50,715,262
88$67,141,040$7,132,750$3,060,308$55,695,092
89$73,892,106$7,384,934$3,065,508$61,177,005
90$81,328,716$7,646,411$3,067,818$67,212,030
91$89,520,697$7,917,537$3,067,042$73,856,399
92$98,544,999$8,198,687$3,062,979$81,172,071
93$108,486,415$8,490,249$3,055,415$89,227,319
94$119,438,385$8,792,627$3,044,127$98,097,375
95$131,503,876$9,106,242$3,028,881$107,865,135
96$144,796,355$9,431,531$3,009,432$118,621,947
97$159,440,858$9,768,951$2,985,522$130,468,468
98$175,575,171$10,118,975$2,956,883$143,515,612
99$193,351,132$10,482,098$2,923,231$157,885,603
100$212,936,060$10,858,833$2,884,272$173,713,122