Can I retire at age 50 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$156,900$155,503$154,139$152,808$151,509$148,754
2 years$77,673$76,227$74,825$73,465$72,147$69,382
3 years$51,268$49,815$48,417$47,070$45,773$43,083
4 years$38,068$36,619$35,235$33,911$32,646$30,052
5 years$30,150$28,710$27,344$26,047$24,817$22,326
6 years$24,873$23,444$22,098$20,830$19,637$17,253
7 years$21,105$19,688$18,363$17,126$15,970$13,693
8 years$18,280$16,876$15,574$14,366$13,249$11,078
9 years$16,085$14,694$13,414$12,237$11,157$9,092
10 years$14,329$12,952$11,694$10,548$9,506$7,544
11 years$12,894$11,530$10,295$9,180$8,176$6,315
12 years$11,698$10,349$9,137$8,052$7,085$5,322
13 years$10,688$9,353$8,163$7,109$6,178$4,511
14 years$9,822$8,501$7,335$6,310$5,416$3,842
15 years$9,073$7,766$6,622$5,628$4,769$3,284
16 years$8,418$7,125$6,004$5,039$4,214$2,816
17 years$7,840$6,562$5,463$4,528$3,737$2,422
18 years$7,328$6,064$4,987$4,080$3,323$2,087
19 years$6,869$5,620$4,566$3,687$2,962$1,802
20 years$6,457$5,222$4,190$3,339$2,645$1,559
21 years$6,085$4,864$3,854$3,031$2,367$1,350
22 years$5,747$4,540$3,552$2,755$2,122$1,171
23 years$5,439$4,247$3,280$2,509$1,905$1,017
24 years$5,157$3,979$3,033$2,289$1,712$883
25 years$4,898$3,734$2,809$2,090$1,541$768
26 years$4,660$3,509$2,606$1,911$1,388$668
27 years$4,439$3,303$2,420$1,749$1,251$582
28 years$4,235$3,112$2,249$1,603$1,129$507
29 years$4,045$2,936$2,093$1,470$1,019$442
30 years$3,868$2,773$1,950$1,349$921$385
31 years$3,702$2,621$1,818$1,239$833$336
32 years$3,548$2,480$1,696$1,139$753$293
33 years$3,403$2,349$1,583$1,047$682$256
34 years$3,266$2,226$1,479$963$617$223
35 years$3,138$2,111$1,383$887$559$195
36 years$3,018$2,004$1,294$817$507$170
37 years$2,904$1,903$1,211$752$459$149
38 years$2,796$1,809$1,134$694$416$130
39 years$2,694$1,720$1,063$640$377$113
40 years$2,598$1,636$996$590$342$99
41 years$2,506$1,558$934$544$311$87
42 years$2,419$1,484$876$502$282$76
43 years$2,336$1,414$822$464$256$66
44 years$2,257$1,347$772$428$232$58
45 years$2,182$1,285$725$395$211$50
46 years$2,111$1,226$681$365$191$44
47 years$2,043$1,170$639$337$174$39
48 years$1,977$1,117$601$312$158$34
49 years$1,915$1,066$565$288$143$29
50 years$1,855$1,019$531$266$130$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,900,000, adding $4,457 every year, while hoping to spend $39,777 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: 47/32/21 Blend
49$1,900,000$1,900,000$1,900,000$1,900,000
50$2,098,397$1,997,697$1,968,247$2,184,285
51$2,270,112$2,053,262$1,991,861$2,300,314
52$2,458,007$2,110,216$2,014,933$2,421,853
53$2,663,693$2,168,586$2,037,403$2,552,954
54$2,888,941$2,228,398$2,059,206$2,694,528
55$3,135,700$2,289,677$2,080,277$2,847,582
56$3,406,120$2,352,450$2,100,545$3,013,220
57$3,702,566$2,416,741$2,119,935$3,192,661
58$4,027,644$2,482,577$2,138,369$3,387,246
59$4,384,223$2,549,983$2,155,763$3,598,451
60$4,775,464$2,618,983$2,172,032$3,827,904
61$5,204,850$2,689,602$2,187,084$4,077,397
62$5,676,216$2,761,863$2,200,822$4,348,903
63$6,193,785$2,835,789$2,213,145$4,644,595
64$6,762,212$2,911,404$2,223,946$4,966,870
65$7,386,624$2,988,729$2,233,114$5,318,364
66$8,072,667$3,067,784$2,240,531$5,701,986
67$8,826,564$3,148,591$2,246,074$6,120,938
68$9,655,169$3,231,167$2,249,613$6,578,748
69$10,566,033$3,315,531$2,251,012$7,079,303
70$11,567,475$3,401,699$2,250,127$7,626,887
71$12,668,661$3,489,686$2,246,810$8,226,221
72$13,879,689$3,579,505$2,240,903$8,882,504
73$15,211,685$3,671,168$2,232,241$9,601,468
74$16,676,907$3,764,685$2,220,651$10,389,428
75$18,288,861$3,860,064$2,205,952$11,253,343
76$20,062,428$3,957,311$2,187,954$12,200,879
77$22,014,004$4,056,427$2,166,459$13,240,489
78$24,161,654$4,157,414$2,141,258$14,381,484
79$26,525,285$4,260,270$2,112,132$15,634,126
80$29,126,830$4,364,988$2,078,854$17,009,724
81$31,990,455$4,471,561$2,041,184$18,520,740
82$35,142,789$4,579,975$1,998,871$20,180,908
83$38,613,174$4,690,215$1,951,655$22,005,364
84$42,433,943$4,802,260$1,899,260$24,010,786
85$46,640,719$4,916,086$1,841,399$26,215,557
86$51,272,760$5,031,661$1,777,774$28,639,935
87$56,373,322$5,148,953$1,708,070$31,306,243
88$61,990,070$5,267,921$1,631,959$34,239,085
89$68,175,526$5,388,518$1,549,098$37,465,575
90$74,987,566$5,510,691$1,459,130$41,015,594
91$82,489,965$5,634,383$1,361,678$44,922,073
92$90,753,000$5,759,526$1,256,353$49,221,304
93$99,854,110$5,886,047$1,142,744$53,953,282
94$109,878,628$6,013,862$1,020,426$59,162,085
95$120,920,589$6,142,882$888,950$64,896,290
96$133,083,611$6,273,005$747,852$71,209,431
97$146,481,879$6,404,122$596,645$78,160,506
98$161,241,218$6,536,111$434,819$85,814,535
99$177,500,282$6,668,841$261,846$94,243,173
100$195,411,863$6,802,167$77,170$103,525,389