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%18.9%
1 years$157,726$156,321$154,950$153,612$152,306$146,844
2 years$78,082$76,628$75,219$73,852$72,527$67,083
3 years$51,538$50,077$48,671$47,318$46,014$40,759
4 years$38,268$36,812$35,420$34,090$32,818$27,792
5 years$30,308$28,861$27,488$26,184$24,947$20,165
6 years$25,004$23,567$22,214$20,940$19,740$15,203
7 years$21,216$19,792$18,460$17,216$16,054$11,762
8 years$18,377$16,965$15,656$14,442$13,318$9,268
9 years$16,169$14,771$13,484$12,301$11,216$7,402
10 years$14,405$13,020$11,756$10,604$9,557$5,972
11 years$12,962$11,591$10,350$9,228$8,219$4,857
12 years$11,760$10,404$9,185$8,095$7,122$3,974
13 years$10,744$9,402$8,206$7,146$6,211$3,268
14 years$9,874$8,546$7,373$6,344$5,444$2,698
15 years$9,121$7,807$6,657$5,657$4,794$2,235
16 years$8,462$7,163$6,036$5,066$4,237$1,856
17 years$7,882$6,597$5,492$4,551$3,756$1,544
18 years$7,366$6,095$5,014$4,102$3,340$1,287
19 years$6,906$5,649$4,590$3,706$2,977$1,075
20 years$6,491$5,250$4,212$3,357$2,659$898
21 years$6,117$4,890$3,874$3,046$2,380$752
22 years$5,778$4,564$3,571$2,770$2,133$630
23 years$5,468$4,269$3,297$2,523$1,915$528
24 years$5,185$4,000$3,049$2,301$1,721$442
25 years$4,924$3,754$2,824$2,101$1,549$371
26 years$4,684$3,528$2,619$1,921$1,395$311
27 years$4,463$3,320$2,432$1,759$1,258$262
28 years$4,257$3,128$2,261$1,611$1,135$220
29 years$4,066$2,951$2,104$1,478$1,025$184
30 years$3,888$2,787$1,960$1,356$926$155
31 years$3,722$2,635$1,827$1,245$837$130
32 years$3,566$2,493$1,705$1,145$757$109
33 years$3,421$2,361$1,592$1,052$685$92
34 years$3,284$2,238$1,487$968$620$77
35 years$3,155$2,122$1,391$891$562$65
36 years$3,034$2,014$1,301$821$509$55
37 years$2,919$1,913$1,218$756$461$46
38 years$2,811$1,818$1,140$697$418$39
39 years$2,708$1,729$1,068$643$379$32
40 years$2,611$1,645$1,001$593$344$27
41 years$2,519$1,566$939$547$312$23
42 years$2,432$1,491$881$505$283$19
43 years$2,349$1,421$826$466$257$16
44 years$2,269$1,354$776$430$233$14
45 years$2,194$1,292$728$397$212$11
46 years$2,122$1,232$684$367$192$10
47 years$2,053$1,176$643$339$175$8
48 years$1,988$1,122$604$313$159$7
49 years$1,925$1,072$568$290$144$6
50 years$1,865$1,024$534$268$131$5

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 $4,952 every year, while hoping to spend $23,561 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: 56/37/7 Blend
49$1,910,000$1,910,000$1,910,000$1,910,000
50$2,109,928$2,008,698$1,979,093$2,224,496
51$2,300,072$2,082,055$2,020,324$2,375,634
52$2,508,821$2,158,218$2,062,146$2,537,105
53$2,738,048$2,237,298$2,104,555$2,712,390
54$2,989,815$2,319,412$2,147,545$2,902,807
55$3,266,397$2,404,683$2,191,108$3,109,806
56$3,570,296$2,493,239$2,235,236$3,334,981
57$3,904,270$2,585,212$2,279,921$3,580,085
58$4,271,358$2,680,740$2,325,151$3,847,046
59$4,674,909$2,779,968$2,370,915$4,137,986
60$5,118,609$2,883,047$2,417,201$4,455,237
61$5,606,523$2,990,132$2,463,993$4,801,368
62$6,143,128$3,101,387$2,511,276$5,179,203
63$6,733,355$3,216,984$2,559,032$5,591,851
64$7,382,640$3,337,099$2,607,242$6,042,735
65$8,096,970$3,461,917$2,655,885$6,535,619
66$8,882,943$3,591,633$2,704,939$7,074,648
67$9,747,827$3,726,447$2,754,379$7,664,386
68$10,699,633$3,866,571$2,804,178$8,309,854
69$11,747,185$4,012,222$2,854,308$9,016,581
70$12,900,207$4,163,631$2,904,737$9,790,656
71$14,169,414$4,321,034$2,955,431$10,638,780
72$15,566,612$4,484,683$3,006,356$11,568,333
73$17,104,810$4,654,835$3,057,472$12,587,443
74$18,798,341$4,831,763$3,108,738$13,705,056
75$20,663,001$5,015,748$3,160,110$14,931,026
76$22,716,194$5,207,087$3,211,540$16,276,207
77$24,977,098$5,406,086$3,262,979$17,752,548
78$27,466,846$5,613,068$3,314,373$19,373,212
79$30,208,723$5,828,368$3,365,663$21,152,696
80$33,228,390$6,052,335$3,416,790$23,106,966
81$36,554,122$6,285,336$3,467,689$25,253,610
82$40,217,077$6,527,752$3,518,291$27,611,997
83$44,251,588$6,779,980$3,568,522$30,203,466
84$48,695,488$7,042,437$3,618,306$33,051,520
85$53,590,468$7,315,558$3,667,560$36,182,051
86$58,982,470$7,599,794$3,716,198$39,623,578
87$64,922,118$7,895,620$3,764,126$43,407,521
88$71,465,199$8,203,530$3,811,249$47,568,492
89$78,673,185$8,524,039$3,857,462$52,144,621
90$86,613,821$8,857,687$3,902,657$57,177,913
91$95,361,754$9,205,038$3,946,720$62,714,648
92$104,999,246$9,566,678$3,989,528$68,805,809
93$115,616,946$9,943,222$4,030,954$75,507,568
94$127,314,746$10,335,311$4,070,863$82,881,809
95$140,202,725$10,743,617$4,109,112$90,996,714
96$154,402,188$11,168,839$4,145,552$99,927,403
97$170,046,807$11,611,708$4,180,024$109,756,643
98$187,283,889$12,072,989$4,212,362$120,575,622
99$206,275,760$12,553,480$4,242,391$132,484,815
100$227,201,304$13,054,017$4,269,927$145,594,923