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%19.4%
1 years$154,423$153,047$151,705$150,395$149,116$143,483
2 years$76,447$75,023$73,643$72,306$71,008$65,398
3 years$50,458$49,028$47,652$46,327$45,050$39,640
4 years$37,467$36,041$34,679$33,376$32,130$26,961
5 years$29,674$28,257$26,912$25,636$24,425$19,510
6 years$24,480$23,074$21,749$20,501$19,327$14,670
7 years$20,772$19,377$18,073$16,855$15,718$11,317
8 years$17,992$16,610$15,328$14,139$13,039$8,891
9 years$15,831$14,462$13,202$12,044$10,981$7,079
10 years$14,103$12,747$11,510$10,382$9,356$5,694
11 years$12,690$11,348$10,133$9,035$8,047$4,615
12 years$11,514$10,186$8,993$7,925$6,973$3,764
13 years$10,519$9,205$8,034$6,997$6,081$3,085
14 years$9,667$8,367$7,219$6,211$5,330$2,538
15 years$8,930$7,643$6,518$5,539$4,693$2,094
16 years$8,285$7,013$5,909$4,960$4,148$1,733
17 years$7,716$6,458$5,377$4,456$3,678$1,437
18 years$7,212$5,968$4,909$4,016$3,270$1,193
19 years$6,761$5,531$4,494$3,629$2,915$993
20 years$6,356$5,140$4,124$3,286$2,604$826
21 years$5,989$4,787$3,793$2,983$2,330$689
22 years$5,657$4,469$3,496$2,712$2,088$575
23 years$5,354$4,180$3,228$2,470$1,875$480
24 years$5,076$3,916$2,985$2,253$1,685$401
25 years$4,821$3,675$2,765$2,057$1,516$335
26 years$4,586$3,454$2,564$1,881$1,366$280
27 years$4,369$3,251$2,381$1,722$1,231$234
28 years$4,168$3,063$2,214$1,577$1,111$196
29 years$3,981$2,890$2,060$1,447$1,003$164
30 years$3,807$2,729$1,919$1,328$907$137
31 years$3,644$2,580$1,789$1,219$820$115
32 years$3,492$2,441$1,669$1,121$741$96
33 years$3,349$2,312$1,558$1,030$671$80
34 years$3,215$2,191$1,456$948$607$67
35 years$3,089$2,078$1,361$873$550$56
36 years$2,970$1,972$1,274$804$499$47
37 years$2,858$1,873$1,192$741$452$39
38 years$2,752$1,780$1,116$683$410$33
39 years$2,652$1,693$1,046$629$371$28
40 years$2,557$1,611$980$581$337$23
41 years$2,466$1,533$919$536$306$19
42 years$2,381$1,460$862$494$277$16
43 years$2,299$1,391$809$456$252$14
44 years$2,222$1,326$759$421$228$11
45 years$2,148$1,265$713$389$207$10
46 years$2,078$1,206$670$359$188$8
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 $3,773 every year, while hoping to spend $51,542 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: 58/28/14 Blend
49$1,870,000$1,870,000$1,870,000$1,870,000
50$2,064,632$1,965,522$1,936,537$2,176,839
51$2,220,384$2,006,992$1,946,571$2,294,578
52$2,390,295$2,048,767$1,955,213$2,416,833
53$2,575,756$2,090,807$1,962,363$2,548,892
54$2,778,295$2,133,069$1,967,914$2,691,707
55$2,999,598$2,175,506$1,971,756$2,846,322
56$3,241,518$2,218,066$1,973,771$3,013,891
57$3,506,096$2,260,695$1,973,835$3,195,686
58$3,795,581$2,303,332$1,971,822$3,393,106
59$4,112,446$2,345,912$1,967,594$3,607,695
60$4,459,418$2,388,364$1,961,011$3,841,154
61$4,839,498$2,430,612$1,951,924$4,095,358
62$5,255,990$2,472,576$1,940,177$4,372,371
63$5,712,534$2,514,165$1,925,606$4,674,472
64$6,213,140$2,555,287$1,908,041$5,004,170
65$6,762,222$2,595,837$1,887,302$5,364,232
66$7,364,644$2,635,709$1,863,202$5,757,707
67$8,025,762$2,674,783$1,835,543$6,187,955
68$8,751,477$2,712,934$1,804,121$6,658,682
69$9,548,287$2,750,028$1,768,719$7,173,972
70$10,423,354$2,785,921$1,729,113$7,738,325
71$11,384,563$2,820,458$1,685,065$8,356,704
72$12,440,604$2,853,475$1,636,330$9,034,579
73$13,601,047$2,884,797$1,582,649$9,777,978
74$14,876,438$2,914,236$1,523,751$10,593,546
75$16,278,393$2,941,593$1,459,356$11,488,611
76$17,819,712$2,966,653$1,389,166$12,471,248
77$19,514,494$2,989,190$1,312,875$13,550,356
78$21,378,274$3,008,963$1,230,158$14,735,750
79$23,428,169$3,025,713$1,140,680$16,038,244
80$25,683,037$3,039,168$1,044,087$17,469,760
81$28,163,655$3,049,035$940,012$19,043,441
82$30,892,916$3,055,006$828,071$20,773,772
83$33,896,043$3,056,751$707,861$22,676,721
84$37,200,829$3,053,921$578,964$24,769,888
85$40,837,896$3,046,146$440,941$27,072,674
86$44,840,985$3,033,031$293,337$29,606,464
87$49,247,274$3,014,158$135,672$32,394,829
88$54,097,729$2,989,084$0$35,463,750
89$59,437,488$2,957,340$0$38,846,733
90$65,316,289$2,918,427$0$42,592,421
91$71,788,937$2,871,816$0$46,715,400
92$78,915,822$2,816,949$0$51,254,104
93$86,763,489$2,753,232$0$56,250,890
94$95,405,263$2,680,039$0$61,752,441
95$104,921,942$2,596,703$0$67,810,204
96$115,402,561$2,502,522$0$74,480,880
97$126,945,228$2,396,752$0$81,826,956
98$139,658,053$2,278,605$0$89,917,300
99$153,660,165$2,147,247$0$98,827,810
100$169,082,838$2,001,798$0$108,642,130