Can I retire at age 50 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$151,120$149,774$148,460$147,178$145,927$143,450
2 years$74,812$73,418$72,068$70,759$69,489$67,002
3 years$49,379$47,980$46,633$45,336$44,087$41,666
4 years$36,665$35,270$33,937$32,662$31,443$29,107
5 years$29,039$27,652$26,336$25,088$23,902$21,659
6 years$23,956$22,580$21,284$20,063$18,913$16,764
7 years$20,327$18,963$17,687$16,495$15,381$13,327
8 years$17,607$16,255$15,000$13,837$12,760$10,801
9 years$15,492$14,153$12,919$11,786$10,746$8,880
10 years$13,801$12,475$11,263$10,160$9,156$7,382
11 years$12,419$11,106$9,916$8,842$7,875$6,191
12 years$11,267$9,968$8,800$7,756$6,824$5,228
13 years$10,294$9,008$7,862$6,847$5,951$4,440
14 years$9,460$8,188$7,064$6,078$5,216$3,789
15 years$8,739$7,480$6,378$5,421$4,593$3,245
16 years$8,108$6,863$5,783$4,853$4,059$2,789
17 years$7,551$6,320$5,262$4,361$3,599$2,403
18 years$7,058$5,840$4,804$3,930$3,200$2,076
19 years$6,616$5,413$4,398$3,551$2,852$1,797
20 years$6,220$5,030$4,036$3,216$2,548$1,557
21 years$5,861$4,685$3,712$2,919$2,280$1,352
22 years$5,536$4,373$3,421$2,654$2,044$1,175
23 years$5,239$4,090$3,159$2,417$1,835$1,023
24 years$4,967$3,832$2,922$2,204$1,649$891
25 years$4,718$3,596$2,706$2,013$1,484$776
26 years$4,488$3,380$2,510$1,841$1,337$677
27 years$4,276$3,181$2,330$1,685$1,205$591
28 years$4,079$2,997$2,166$1,544$1,087$516
29 years$3,896$2,828$2,016$1,416$982$451
30 years$3,725$2,670$1,878$1,299$887$394
31 years$3,566$2,524$1,751$1,193$802$345
32 years$3,417$2,389$1,633$1,097$726$301
33 years$3,277$2,262$1,525$1,008$657$264
34 years$3,146$2,144$1,425$928$594$231
35 years$3,023$2,034$1,332$854$538$202
36 years$2,906$1,930$1,246$787$488$177
37 years$2,797$1,833$1,167$725$442$155
38 years$2,693$1,742$1,092$668$401$136
39 years$2,595$1,657$1,023$616$364$119
40 years$2,502$1,576$959$568$330$104
41 years$2,414$1,500$899$524$299$91
42 years$2,330$1,429$844$484$271$80
43 years$2,250$1,361$792$447$246$70
44 years$2,174$1,298$743$412$224$61
45 years$2,102$1,237$698$381$203$54
46 years$2,033$1,181$655$352$184$47
47 years$1,967$1,127$616$325$167$41
48 years$1,904$1,075$579$300$152$36
49 years$1,844$1,027$544$278$138$32
50 years$1,787$981$511$257$125$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,830,000, adding $3,268 every year, while hoping to spend $25,207 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: 23/49/28 Blend
49$1,830,000$1,830,000$1,830,000$1,830,000
50$2,020,031$1,923,041$1,894,676$2,048,549
51$2,199,254$1,990,450$1,931,328$2,140,946
52$2,395,913$2,060,317$1,968,362$2,237,469
53$2,611,760$2,132,736$2,005,766$2,340,275
54$2,848,724$2,207,805$2,043,524$2,449,900
55$3,108,932$2,285,625$2,081,619$2,566,929
56$3,394,724$2,366,302$2,120,035$2,692,006
57$3,708,680$2,449,945$2,158,751$2,825,834
58$4,053,643$2,536,670$2,197,746$2,969,188
59$4,432,741$2,626,594$2,236,998$3,122,915
60$4,849,426$2,719,841$2,276,482$3,287,945
61$5,307,495$2,816,541$2,316,171$3,465,301
62$5,811,135$2,916,828$2,356,039$3,656,104
63$6,364,958$3,020,840$2,396,054$3,861,586
64$6,974,045$3,128,722$2,436,183$4,083,101
65$7,643,995$3,240,627$2,476,392$4,322,134
66$8,380,976$3,356,711$2,516,645$4,580,320
67$9,191,783$3,477,137$2,556,900$4,859,453
68$10,083,905$3,602,077$2,597,116$5,161,507
69$11,065,593$3,731,708$2,637,249$5,488,652
70$12,145,935$3,866,214$2,677,249$5,843,272
71$13,334,950$4,005,788$2,717,066$6,227,991
72$14,643,674$4,150,630$2,756,646$6,645,694
73$16,084,267$4,300,949$2,795,932$7,099,552
74$17,670,128$4,456,962$2,834,863$7,593,058
75$19,416,024$4,618,896$2,873,373$8,130,050
76$21,338,223$4,786,986$2,911,395$8,714,755
77$23,454,651$4,961,478$2,948,857$9,351,820
78$25,785,063$5,142,628$2,985,681$10,046,363
79$28,351,225$5,330,702$3,021,787$10,804,014
80$31,177,123$5,525,979$3,057,089$11,630,970
81$34,289,185$5,728,748$3,091,497$12,534,054
82$37,716,535$5,939,310$3,124,916$13,520,774
83$41,491,266$6,157,980$3,157,244$14,599,396
84$45,648,739$6,385,086$3,188,377$15,779,023
85$50,227,924$6,620,969$3,218,201$17,069,674
86$55,271,761$6,865,985$3,246,599$18,482,381
87$60,827,568$7,120,505$3,273,448$20,029,293
88$66,947,487$7,384,917$3,298,615$21,723,788
89$73,688,976$7,659,623$3,321,964$23,580,596
90$81,115,352$7,945,045$3,343,350$25,615,939
91$89,296,386$8,241,620$3,362,620$27,847,684
92$98,308,964$8,549,807$3,379,615$30,295,507
93$108,237,812$8,870,081$3,394,166$32,981,079
94$119,176,295$9,202,941$3,406,097$35,928,270
95$131,227,298$9,548,906$3,415,221$39,163,369
96$144,504,195$9,908,515$3,421,345$42,715,334
97$159,131,926$10,282,335$3,424,262$46,616,064
98$175,248,166$10,670,953$3,423,758$50,900,694
99$193,004,633$11,074,984$3,419,609$55,607,930
100$212,568,517$11,495,069$3,411,577$60,780,408