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

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$156,900$155,503$154,139$152,808$151,509$148,026
2 years$77,673$76,227$74,825$73,465$72,147$68,658
3 years$51,268$49,815$48,417$47,070$45,773$42,386
4 years$38,068$36,619$35,235$33,911$32,646$29,387
5 years$30,150$28,710$27,344$26,047$24,817$21,695
6 years$24,873$23,444$22,098$20,830$19,637$16,656
7 years$21,105$19,688$18,363$17,126$15,970$13,130
8 years$18,280$16,876$15,574$14,366$13,249$10,549
9 years$16,085$14,694$13,414$12,237$11,157$8,595
10 years$14,329$12,952$11,694$10,548$9,506$7,080
11 years$12,894$11,530$10,295$9,180$8,176$5,881
12 years$11,698$10,349$9,137$8,052$7,085$4,918
13 years$10,688$9,353$8,163$7,109$6,178$4,136
14 years$9,822$8,501$7,335$6,310$5,416$3,493
15 years$9,073$7,766$6,622$5,628$4,769$2,961
16 years$8,418$7,125$6,004$5,039$4,214$2,518
17 years$7,840$6,562$5,463$4,528$3,737$2,147
18 years$7,328$6,064$4,987$4,080$3,323$1,834
19 years$6,869$5,620$4,566$3,687$2,962$1,570
20 years$6,457$5,222$4,190$3,339$2,645$1,346
21 years$6,085$4,864$3,854$3,031$2,367$1,155
22 years$5,747$4,540$3,552$2,755$2,122$992
23 years$5,439$4,247$3,280$2,509$1,905$853
24 years$5,157$3,979$3,033$2,289$1,712$735
25 years$4,898$3,734$2,809$2,090$1,541$633
26 years$4,660$3,509$2,606$1,911$1,388$545
27 years$4,439$3,303$2,420$1,749$1,251$470
28 years$4,235$3,112$2,249$1,603$1,129$406
29 years$4,045$2,936$2,093$1,470$1,019$350
30 years$3,868$2,773$1,950$1,349$921$302
31 years$3,702$2,621$1,818$1,239$833$261
32 years$3,548$2,480$1,696$1,139$753$225
33 years$3,403$2,349$1,583$1,047$682$195
34 years$3,266$2,226$1,479$963$617$168
35 years$3,138$2,111$1,383$887$559$145
36 years$3,018$2,004$1,294$817$507$126
37 years$2,904$1,903$1,211$752$459$109
38 years$2,796$1,809$1,134$694$416$94
39 years$2,694$1,720$1,063$640$377$81
40 years$2,598$1,636$996$590$342$70
41 years$2,506$1,558$934$544$311$61
42 years$2,419$1,484$876$502$282$53
43 years$2,336$1,414$822$464$256$45
44 years$2,257$1,347$772$428$232$39
45 years$2,182$1,285$725$395$211$34
46 years$2,111$1,226$681$365$191$29
47 years$2,043$1,170$639$337$174$25
48 years$1,977$1,117$601$312$158$22
49 years$1,915$1,066$565$288$143$19
50 years$1,855$1,019$531$266$130$16

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 $3,402 every year, while hoping to spend $23,022 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: 58/17/25 Blend
49$1,900,000$1,900,000$1,900,000$1,900,000
50$2,097,309$1,996,609$1,967,159$2,204,570
51$2,286,739$2,069,948$2,008,564$2,351,547
52$2,494,720$2,146,108$2,050,584$2,508,977
53$2,723,119$2,225,205$2,093,216$2,680,141
54$2,973,993$2,307,356$2,136,455$2,866,374
55$3,249,610$2,392,686$2,180,295$3,069,146
56$3,552,466$2,481,324$2,224,731$3,290,074
57$3,885,313$2,573,404$2,269,755$3,530,938
58$4,251,180$2,669,066$2,315,357$3,793,698
59$4,653,407$2,768,457$2,361,528$4,080,512
60$5,095,673$2,871,729$2,408,257$4,393,756
61$5,582,029$2,979,042$2,455,532$4,736,044
62$6,116,942$3,090,561$2,503,338$5,110,258
63$6,705,330$3,206,458$2,551,660$5,519,568
64$7,352,615$3,326,916$2,600,482$5,967,467
65$8,064,768$3,452,121$2,649,784$6,457,800
66$8,848,369$3,582,270$2,699,547$6,994,804
67$9,710,669$3,717,567$2,749,748$7,583,143
68$10,659,656$3,858,227$2,800,363$8,227,956
69$11,704,133$4,004,472$2,851,367$8,934,901
70$12,853,798$4,156,535$2,902,731$9,710,211
71$14,119,337$4,314,657$2,954,425$10,560,754
72$15,512,527$4,479,093$3,006,416$11,494,091
73$17,046,343$4,650,106$3,058,669$12,518,554
74$18,735,081$4,827,972$3,111,145$13,643,321
75$20,594,496$5,012,979$3,163,805$14,878,502
76$22,641,946$5,205,427$3,216,604$16,235,236
77$24,896,562$5,405,630$3,269,497$17,725,791
78$27,379,419$5,613,915$3,322,434$19,363,686
79$30,113,746$5,830,622$3,375,362$21,163,815
80$33,125,135$6,056,110$3,428,223$23,142,583
81$36,441,790$6,290,750$3,480,959$25,318,069
82$40,094,786$6,534,931$3,533,505$27,710,188
83$44,118,370$6,789,058$3,585,794$30,340,883
84$48,550,278$7,053,556$3,637,752$33,234,332
85$53,432,094$7,328,867$3,689,304$36,417,172
86$58,809,640$7,615,454$3,740,368$39,918,753
87$64,733,410$7,913,799$3,790,858$43,771,413
88$71,259,049$8,224,406$3,840,682$48,010,783
89$78,447,872$8,547,802$3,889,745$52,676,123
90$86,367,448$8,884,537$3,937,944$57,810,693
91$95,092,234$9,235,186$3,985,172$63,462,157
92$104,704,280$9,600,348$4,031,314$69,683,036
93$115,294,004$9,980,652$4,076,249$76,531,202
94$126,961,040$10,376,752$4,119,852$84,070,423
95$139,815,186$10,789,333$4,161,987$92,370,963
96$153,977,435$11,219,110$4,202,513$101,510,249
97$169,581,118$11,666,831$4,241,282$111,573,594
98$186,773,163$12,133,277$4,278,136$122,655,009
99$205,715,482$12,619,264$4,312,910$134,858,083
100$226,586,498$13,125,645$4,345,429$148,296,967