Can I retire at age 50 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$164,332$162,869$161,440$160,046$158,685$157,818
2 years$81,353$79,838$78,369$76,945$75,564$74,689
3 years$53,696$52,175$50,710$49,300$47,941$47,085
4 years$39,871$38,354$36,904$35,518$34,192$33,362
5 years$31,578$30,070$28,639$27,281$25,992$25,190
6 years$26,051$24,554$23,145$21,817$20,567$19,794
7 years$22,105$20,621$19,233$17,937$16,726$15,983
8 years$19,146$17,676$16,311$15,047$13,876$13,163
9 years$16,847$15,390$14,049$12,816$11,686$11,002
10 years$15,008$13,565$12,248$11,048$9,957$9,302
11 years$13,504$12,077$10,783$9,615$8,563$7,937
12 years$12,253$10,839$9,570$8,434$7,421$6,823
13 years$11,194$9,796$8,550$7,446$6,471$5,901
14 years$10,288$8,904$7,682$6,609$5,672$5,130
15 years$9,503$8,134$6,936$5,894$4,994$4,478
16 years$8,816$7,463$6,288$5,278$4,414$3,924
17 years$8,212$6,873$5,722$4,742$3,914$3,448
18 years$7,675$6,351$5,224$4,274$3,480$3,038
19 years$7,195$5,886$4,782$3,862$3,102$2,684
20 years$6,763$5,469$4,389$3,497$2,771$2,375
21 years$6,374$5,095$4,037$3,174$2,479$2,105
22 years$6,020$4,756$3,720$2,886$2,222$1,869
23 years$5,697$4,448$3,435$2,628$1,995$1,662
24 years$5,402$4,167$3,177$2,397$1,793$1,479
25 years$5,131$3,911$2,943$2,189$1,614$1,318
26 years$4,881$3,676$2,729$2,002$1,453$1,175
27 years$4,649$3,459$2,534$1,832$1,310$1,049
28 years$4,435$3,259$2,356$1,679$1,182$937
29 years$4,236$3,075$2,192$1,539$1,068$837
30 years$4,051$2,904$2,042$1,413$965$749
31 years$3,878$2,745$1,904$1,298$872$670
32 years$3,716$2,598$1,776$1,192$789$599
33 years$3,564$2,460$1,658$1,097$714$537
34 years$3,421$2,331$1,550$1,009$646$481
35 years$3,287$2,211$1,449$929$586$431
36 years$3,161$2,099$1,355$855$530$386
37 years$3,041$1,993$1,269$788$481$346
38 years$2,928$1,894$1,188$726$436$310
39 years$2,822$1,801$1,113$670$395$278
40 years$2,721$1,714$1,043$618$359$250
41 years$2,625$1,632$978$570$325$224
42 years$2,534$1,554$918$526$295$201
43 years$2,447$1,480$861$486$268$180
44 years$2,364$1,411$808$448$243$162
45 years$2,286$1,346$759$414$221$145
46 years$2,211$1,284$713$382$200$131
47 years$2,139$1,225$670$353$182$117
48 years$2,071$1,170$629$327$165$105
49 years$2,006$1,117$591$302$150$94
50 years$1,943$1,067$556$279$136$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,990,000, adding $3,294 every year, while hoping to spend $36,710 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: 64/10/26 Blend
49$1,990,000$1,990,000$1,990,000$1,990,000
50$2,196,378$2,090,908$2,060,063$2,321,689
51$2,381,349$2,154,303$2,090,016$2,470,194
52$2,583,957$2,219,574$2,119,742$2,628,021
53$2,805,962$2,286,775$2,149,194$2,799,660
54$3,049,303$2,355,959$2,178,325$2,986,472
55$3,316,113$2,427,183$2,207,081$3,189,953
56$3,608,746$2,500,504$2,235,407$3,411,754
57$3,929,790$2,575,981$2,263,245$3,653,691
58$4,282,099$2,653,675$2,290,534$3,917,768
59$4,668,815$2,733,646$2,317,209$4,206,188
60$5,093,399$2,815,960$2,343,200$4,521,382
61$5,559,664$2,900,680$2,368,436$4,866,025
62$6,071,810$2,987,874$2,392,839$5,243,068
63$6,634,465$3,077,610$2,416,329$5,655,759
64$7,252,725$3,169,957$2,438,821$6,107,678
65$7,932,207$3,264,989$2,460,225$6,602,768
66$8,679,096$3,362,777$2,480,446$7,145,376
67$9,500,209$3,463,398$2,499,386$7,740,289
68$10,403,054$3,566,929$2,516,940$8,392,784
69$11,395,905$3,673,448$2,532,997$9,108,675
70$12,487,877$3,783,036$2,547,442$9,894,368
71$13,689,012$3,895,777$2,560,152$10,756,921
72$15,010,375$4,011,753$2,571,001$11,704,114
73$16,464,157$4,131,053$2,579,853$12,744,517
74$18,063,790$4,253,764$2,586,568$13,887,575
75$19,824,076$4,379,977$2,590,997$15,143,697
76$21,761,320$4,509,785$2,592,984$16,524,352
77$23,893,492$4,643,282$2,592,366$18,042,178
78$26,240,389$4,780,564$2,588,972$19,711,104
79$28,823,828$4,921,730$2,582,621$21,546,478
80$31,667,845$5,066,882$2,573,126$23,565,213
81$34,798,928$5,216,122$2,560,288$25,785,947
82$38,246,262$5,369,554$2,543,900$28,229,220
83$42,042,005$5,527,287$2,523,746$30,917,667
84$46,221,595$5,689,430$2,499,597$33,876,229
85$50,824,079$5,856,094$2,471,215$37,132,396
86$55,892,486$6,027,392$2,438,351$40,716,458
87$61,474,226$6,203,441$2,400,742$44,661,798
88$67,621,546$6,384,359$2,358,116$49,005,200
89$74,392,017$6,570,266$2,310,186$53,787,206
90$81,849,078$6,761,284$2,256,652$59,052,490
91$90,062,634$6,957,538$2,197,201$64,850,284
92$99,109,720$7,159,154$2,131,504$71,234,844
93$109,075,220$7,366,261$2,059,218$78,265,960
94$120,052,675$7,578,990$1,979,984$86,009,521
95$132,145,161$7,797,474$1,893,427$94,538,138
96$145,466,265$8,021,848$1,799,155$103,931,831
97$160,141,154$8,252,248$1,696,756$114,278,782
98$176,307,758$8,488,814$1,585,803$125,676,170
99$194,118,069$8,731,687$1,465,848$138,231,088
100$213,739,581$8,981,008$1,336,422$152,061,554