Can I retire at age 50 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$157,726$156,321$154,950$153,612$152,306$147,313
2 years$78,082$76,628$75,219$73,852$72,527$67,544
3 years$51,538$50,077$48,671$47,318$46,014$41,198
4 years$38,268$36,812$35,420$34,090$32,818$28,205
5 years$30,308$28,861$27,488$26,184$24,947$20,550
6 years$25,004$23,567$22,214$20,940$19,740$15,563
7 years$21,216$19,792$18,460$17,216$16,054$12,096
8 years$18,377$16,965$15,656$14,442$13,318$9,576
9 years$16,169$14,771$13,484$12,301$11,216$7,685
10 years$14,405$13,020$11,756$10,604$9,557$6,232
11 years$12,962$11,591$10,350$9,228$8,219$5,095
12 years$11,760$10,404$9,185$8,095$7,122$4,191
13 years$10,744$9,402$8,206$7,146$6,211$3,465
14 years$9,874$8,546$7,373$6,344$5,444$2,877
15 years$9,121$7,807$6,657$5,657$4,794$2,396
16 years$8,462$7,163$6,036$5,066$4,237$2,001
17 years$7,882$6,597$5,492$4,551$3,756$1,675
18 years$7,366$6,095$5,014$4,102$3,340$1,405
19 years$6,906$5,649$4,590$3,706$2,977$1,180
20 years$6,491$5,250$4,212$3,357$2,659$993
21 years$6,117$4,890$3,874$3,046$2,380$836
22 years$5,778$4,564$3,571$2,770$2,133$704
23 years$5,468$4,269$3,297$2,523$1,915$594
24 years$5,185$4,000$3,049$2,301$1,721$501
25 years$4,924$3,754$2,824$2,101$1,549$423
26 years$4,684$3,528$2,619$1,921$1,395$357
27 years$4,463$3,320$2,432$1,759$1,258$302
28 years$4,257$3,128$2,261$1,611$1,135$255
29 years$4,066$2,951$2,104$1,478$1,025$216
30 years$3,888$2,787$1,960$1,356$926$183
31 years$3,722$2,635$1,827$1,245$837$154
32 years$3,566$2,493$1,705$1,145$757$131
33 years$3,421$2,361$1,592$1,052$685$111
34 years$3,284$2,238$1,487$968$620$94
35 years$3,155$2,122$1,391$891$562$79
36 years$3,034$2,014$1,301$821$509$67
37 years$2,919$1,913$1,218$756$461$57
38 years$2,811$1,818$1,140$697$418$48
39 years$2,708$1,729$1,068$643$379$41
40 years$2,611$1,645$1,001$593$344$34
41 years$2,519$1,566$939$547$312$29
42 years$2,432$1,491$881$505$283$25
43 years$2,349$1,421$826$466$257$21
44 years$2,269$1,354$776$430$233$18
45 years$2,194$1,292$728$397$212$15
46 years$2,122$1,232$684$367$192$13
47 years$2,053$1,176$643$339$175$11
48 years$1,988$1,122$604$313$159$9
49 years$1,925$1,072$568$290$144$8
50 years$1,865$1,024$534$268$131$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,910,000, adding $3,269 every year, while hoping to spend $57,578 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: 48/44/8 Blend
49$1,910,000$1,910,000$1,910,000$1,910,000
50$2,108,192$2,006,962$1,977,357$2,204,724
51$2,261,965$2,044,041$1,982,336$2,308,320
52$2,429,493$2,081,006$1,985,552$2,414,405
53$2,612,119$2,117,793$1,986,885$2,528,242
54$2,811,319$2,154,328$1,986,209$2,650,568
55$3,028,719$2,190,536$1,983,393$2,782,199
56$3,266,110$2,226,334$1,978,298$2,924,030
57$3,525,461$2,261,632$1,970,779$3,077,052
58$3,808,941$2,296,335$1,960,684$3,242,355
59$4,118,938$2,330,342$1,947,852$3,421,142
60$4,458,083$2,363,541$1,932,118$3,614,739
61$4,829,268$2,395,816$1,913,305$3,824,610
62$5,235,684$2,427,040$1,891,231$4,052,367
63$5,680,839$2,457,081$1,865,702$4,299,790
64$6,168,600$2,485,794$1,836,519$4,568,840
65$6,703,225$2,513,025$1,803,470$4,861,683
66$7,289,403$2,538,612$1,766,335$5,180,706
67$7,932,298$2,562,380$1,724,883$5,528,539
68$8,637,598$2,584,142$1,678,873$5,908,087
69$9,411,569$2,603,702$1,628,051$6,322,553
70$10,261,114$2,620,847$1,572,155$6,775,467
71$11,193,832$2,635,354$1,510,908$7,270,724
72$12,218,100$2,646,984$1,444,020$7,812,621
73$13,343,142$2,655,481$1,371,190$8,405,895
74$14,579,121$2,660,578$1,292,103$9,055,771
75$15,937,230$2,661,986$1,206,428$9,768,011
76$17,429,805$2,659,400$1,113,821$10,548,970
77$19,070,432$2,652,498$1,013,921$11,405,658
78$20,874,081$2,640,935$906,352$12,345,802
79$22,857,244$2,624,347$790,721$13,377,925
80$25,038,091$2,602,348$666,618$14,511,428
81$27,436,640$2,574,527$533,614$15,756,674
82$30,074,948$2,540,450$391,261$17,125,093
83$32,977,317$2,499,656$239,092$18,629,289
84$36,170,521$2,451,656$76,619$20,283,159
85$39,684,061$2,395,935$0$22,102,029
86$43,550,443$2,331,944$0$24,111,055
87$47,805,482$2,259,103$0$26,328,126
88$52,488,642$2,176,800$0$28,767,286
89$57,643,404$2,084,383$0$31,451,236
90$63,317,681$1,981,168$0$34,405,002
91$69,564,266$1,866,427$0$37,656,174
92$76,441,330$1,739,391$0$41,235,168
93$84,012,972$1,599,247$0$45,175,514
94$92,349,823$1,445,138$0$49,514,176
95$101,529,709$1,276,154$0$54,291,903
96$111,638,390$1,091,336$0$59,553,615
97$122,770,366$889,671$0$65,348,830
98$135,029,765$670,087$0$71,732,135
99$148,531,334$431,454$0$78,763,702
100$163,401,511$172,576$0$86,509,863