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

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$157,726$156,321$154,950$153,612$152,306$151,219
2 years$78,082$76,628$75,219$73,852$72,527$71,431
3 years$51,538$50,077$48,671$47,318$46,014$44,943
4 years$38,268$36,812$35,420$34,090$32,818$31,780
5 years$30,308$28,861$27,488$26,184$24,947$23,946
6 years$25,004$23,567$22,214$20,940$19,740$18,776
7 years$21,216$19,792$18,460$17,216$16,054$15,128
8 years$18,377$16,965$15,656$14,442$13,318$12,430
9 years$16,169$14,771$13,484$12,301$11,216$10,365
10 years$14,405$13,020$11,756$10,604$9,557$8,743
11 years$12,962$11,591$10,350$9,228$8,219$7,442
12 years$11,760$10,404$9,185$8,095$7,122$6,381
13 years$10,744$9,402$8,206$7,146$6,211$5,505
14 years$9,874$8,546$7,373$6,344$5,444$4,773
15 years$9,121$7,807$6,657$5,657$4,794$4,155
16 years$8,462$7,163$6,036$5,066$4,237$3,631
17 years$7,882$6,597$5,492$4,551$3,756$3,182
18 years$7,366$6,095$5,014$4,102$3,340$2,796
19 years$6,906$5,649$4,590$3,706$2,977$2,463
20 years$6,491$5,250$4,212$3,357$2,659$2,173
21 years$6,117$4,890$3,874$3,046$2,380$1,921
22 years$5,778$4,564$3,571$2,770$2,133$1,700
23 years$5,468$4,269$3,297$2,523$1,915$1,507
24 years$5,185$4,000$3,049$2,301$1,721$1,337
25 years$4,924$3,754$2,824$2,101$1,549$1,188
26 years$4,684$3,528$2,619$1,921$1,395$1,056
27 years$4,463$3,320$2,432$1,759$1,258$939
28 years$4,257$3,128$2,261$1,611$1,135$836
29 years$4,066$2,951$2,104$1,478$1,025$745
30 years$3,888$2,787$1,960$1,356$926$664
31 years$3,722$2,635$1,827$1,245$837$592
32 years$3,566$2,493$1,705$1,145$757$528
33 years$3,421$2,361$1,592$1,052$685$471
34 years$3,284$2,238$1,487$968$620$421
35 years$3,155$2,122$1,391$891$562$376
36 years$3,034$2,014$1,301$821$509$336
37 years$2,919$1,913$1,218$756$461$300
38 years$2,811$1,818$1,140$697$418$268
39 years$2,708$1,729$1,068$643$379$240
40 years$2,611$1,645$1,001$593$344$214
41 years$2,519$1,566$939$547$312$192
42 years$2,432$1,491$881$505$283$171
43 years$2,349$1,421$826$466$257$153
44 years$2,269$1,354$776$430$233$137
45 years$2,194$1,292$728$397$212$123
46 years$2,122$1,232$684$367$192$110
47 years$2,053$1,176$643$339$175$98
48 years$1,988$1,122$604$313$159$88
49 years$1,925$1,072$568$290$144$79
50 years$1,865$1,024$534$268$131$70

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 $5,288 every year, while hoping to spend $30,653 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: 58/18/24 Blend
49$1,910,000$1,910,000$1,910,000$1,910,000
50$2,110,275$2,009,045$1,979,440$2,218,716
51$2,292,908$2,074,873$2,013,136$2,359,130
52$2,493,143$2,142,900$2,046,934$2,508,419
53$2,712,742$2,213,201$2,080,805$2,670,533
54$2,953,647$2,285,853$2,114,717$2,846,723
55$3,217,996$2,360,937$2,148,638$3,038,362
56$3,508,147$2,438,538$2,182,532$3,246,962
57$3,826,692$2,518,741$2,216,362$3,474,190
58$4,176,493$2,601,637$2,250,088$3,721,880
59$4,560,696$2,687,318$2,283,667$3,992,052
60$4,982,771$2,775,881$2,317,054$4,286,930
61$5,446,540$2,867,426$2,350,201$4,608,963
62$5,956,213$2,962,055$2,383,058$4,960,849
63$6,516,427$3,059,876$2,415,571$5,345,560
64$7,132,292$3,160,999$2,447,682$5,766,369
65$7,809,438$3,265,540$2,479,332$6,226,881
66$8,554,067$3,373,618$2,510,456$6,731,065
67$9,373,012$3,485,356$2,540,986$7,283,298
68$10,273,802$3,600,881$2,570,852$7,888,396
69$11,264,732$3,720,327$2,599,978$8,551,670
70$12,354,941$3,843,829$2,628,284$9,278,965
71$13,554,500$3,971,532$2,655,687$10,076,726
72$14,874,504$4,103,581$2,682,097$10,952,049
73$16,327,177$4,240,131$2,707,421$11,912,754
74$17,925,991$4,381,339$2,731,561$12,967,457
75$19,685,787$4,527,369$2,754,413$14,125,649
76$21,622,919$4,678,393$2,775,868$15,397,789
77$23,755,408$4,834,585$2,795,811$16,795,399
78$26,103,110$4,996,130$2,814,121$18,331,176
79$28,687,905$5,163,218$2,830,671$20,019,108
80$31,533,900$5,336,044$2,845,327$21,874,609
81$34,667,661$5,514,813$2,857,949$23,914,661
82$38,118,460$5,699,738$2,868,389$26,157,979
83$41,918,554$5,891,036$2,876,491$28,625,182
84$46,103,487$6,088,936$2,882,093$31,338,992
85$50,712,423$6,293,675$2,885,024$34,324,442
86$55,788,522$6,505,497$2,885,104$37,609,122
87$61,379,341$6,724,656$2,882,145$41,223,429
88$67,537,286$6,951,416$2,875,949$45,200,859
89$74,320,104$7,186,051$2,866,309$49,578,324
90$81,791,432$7,428,845$2,853,007$54,396,497
91$90,021,392$7,680,091$2,835,816$59,700,196
92$99,087,255$7,940,097$2,814,497$65,538,809
93$109,074,172$8,209,179$2,788,800$71,966,760
94$120,075,975$8,487,666$2,758,462$79,044,019
95$132,196,064$8,775,901$2,723,210$86,836,671
96$145,548,380$9,074,238$2,682,755$95,417,541
97$160,258,484$9,383,046$2,636,798$104,866,877
98$176,464,741$9,702,706$2,585,021$115,273,109
99$194,319,623$10,033,617$2,527,097$126,733,685
100$213,991,149$10,376,189$2,462,681$139,355,991