Can I retire at age 50 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$156,074$154,684$153,328$152,004$150,711$148,582
2 years$77,265$75,826$74,431$73,079$71,767$69,626
3 years$50,998$49,553$48,162$46,822$45,532$43,446
4 years$37,867$36,427$35,049$33,733$32,474$30,458
5 years$29,991$28,559$27,200$25,910$24,686$22,747
6 years$24,742$23,320$21,981$20,720$19,533$17,673
7 years$20,994$19,585$18,267$17,035$15,886$14,105
8 years$18,184$16,788$15,492$14,291$13,179$11,478
9 years$16,000$14,617$13,343$12,172$11,098$9,476
10 years$14,254$12,884$11,633$10,493$9,456$7,911
11 years$12,826$11,470$10,241$9,132$8,133$6,664
12 years$11,637$10,295$9,089$8,010$7,048$5,653
13 years$10,632$9,303$8,120$7,071$6,146$4,823
14 years$9,771$8,456$7,296$6,277$5,387$4,135
15 years$9,025$7,725$6,587$5,598$4,743$3,559
16 years$8,373$7,088$5,972$5,013$4,192$3,073
17 years$7,799$6,527$5,435$4,504$3,717$2,662
18 years$7,289$6,032$4,961$4,059$3,305$2,311
19 years$6,833$5,590$4,542$3,667$2,946$2,010
20 years$6,424$5,195$4,168$3,322$2,631$1,752
21 years$6,053$4,839$3,834$3,015$2,355$1,529
22 years$5,717$4,517$3,534$2,741$2,111$1,336
23 years$5,411$4,224$3,263$2,496$1,895$1,169
24 years$5,130$3,958$3,017$2,277$1,703$1,024
25 years$4,873$3,714$2,795$2,079$1,532$897
26 years$4,635$3,491$2,592$1,901$1,380$787
27 years$4,416$3,285$2,407$1,740$1,245$691
28 years$4,212$3,096$2,237$1,594$1,123$607
29 years$4,023$2,920$2,082$1,462$1,014$533
30 years$3,847$2,758$1,939$1,342$916$469
31 years$3,683$2,607$1,808$1,232$828$412
32 years$3,529$2,467$1,687$1,133$749$362
33 years$3,385$2,336$1,575$1,041$678$319
34 years$3,249$2,214$1,472$958$614$281
35 years$3,122$2,100$1,376$882$556$247
36 years$3,002$1,993$1,287$812$504$218
37 years$2,888$1,893$1,205$749$457$192
38 years$2,781$1,799$1,128$690$414$169
39 years$2,680$1,711$1,057$636$375$149
40 years$2,584$1,628$991$587$341$131
41 years$2,493$1,550$929$541$309$115
42 years$2,406$1,476$871$500$280$102
43 years$2,324$1,406$818$461$254$90
44 years$2,246$1,340$768$426$231$79
45 years$2,171$1,278$721$393$210$70
46 years$2,100$1,219$677$363$190$61
47 years$2,032$1,164$636$336$173$54
48 years$1,967$1,111$598$310$157$48
49 years$1,905$1,061$562$287$143$42
50 years$1,845$1,013$528$265$129$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,890,000, adding $2,042 every year, while hoping to spend $59,057 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: 55/22/23 Blend
49$1,890,000$1,890,000$1,890,000$1,890,000
50$2,084,886$1,984,716$1,955,421$2,186,339
51$2,234,709$2,019,131$1,958,092$2,290,567
52$2,397,833$2,053,253$1,958,872$2,397,645
53$2,575,555$2,087,005$1,957,637$2,513,010
54$2,769,298$2,120,305$1,954,255$2,637,476
55$2,980,631$2,153,065$1,948,587$2,771,939
56$3,211,279$2,185,189$1,940,488$2,917,391
57$3,463,142$2,216,575$1,929,807$3,074,922
58$3,738,311$2,247,115$1,916,384$3,245,736
59$4,039,087$2,276,693$1,900,051$3,431,164
60$4,368,007$2,305,183$1,880,635$3,632,671
61$4,727,859$2,332,453$1,857,952$3,851,874
62$5,121,717$2,358,359$1,831,810$4,090,557
63$5,552,964$2,382,751$1,802,008$4,350,689
64$6,025,327$2,405,467$1,768,336$4,634,441
65$6,542,909$2,426,333$1,730,573$4,944,207
66$7,110,228$2,445,166$1,688,490$5,282,630
67$7,732,263$2,461,770$1,641,846$5,652,625
68$8,414,493$2,475,937$1,590,387$6,057,405
69$9,162,958$2,487,444$1,533,852$6,500,516
70$9,984,307$2,496,056$1,471,963$6,985,870
71$10,885,866$2,501,522$1,404,433$7,517,780
72$11,875,703$2,503,575$1,330,960$8,101,004
73$12,962,707$2,501,933$1,251,230$8,740,789
74$14,156,669$2,496,294$1,164,912$9,442,922
75$15,468,376$2,486,339$1,071,664$10,213,786
76$16,909,711$2,471,730$971,125$11,060,419
77$18,493,764$2,452,108$862,920$11,990,585
78$20,234,957$2,427,090$746,657$13,012,843
79$22,149,179$2,396,274$621,927$14,136,633
80$24,253,935$2,359,231$488,301$15,372,365
81$26,568,510$2,315,507$345,333$16,731,517
82$29,114,154$2,264,622$192,556$18,226,747
83$31,914,276$2,206,067$29,485$19,872,011
84$34,994,670$2,139,302$0$21,682,698
85$38,383,757$2,063,758$0$23,711,247
86$42,112,848$1,978,831$0$25,950,923
87$46,216,447$1,883,882$0$28,415,246
88$50,732,567$1,778,235$0$31,127,099
89$55,703,096$1,661,175$0$34,111,705
90$61,174,187$1,531,948$0$37,396,860
91$67,196,694$1,389,754$0$41,013,204
92$73,826,654$1,233,748$0$44,994,504
93$81,125,810$1,063,039$0$49,377,974
94$89,162,198$876,684$0$54,204,634
95$98,010,787$673,686$0$59,519,691
96$107,754,185$452,994$0$65,372,969
97$118,483,417$213,496$0$71,819,382
98$130,298,788$0$0$78,919,452
99$143,310,823$0$0$86,751,012
100$157,641,315$0$0$95,433,269