Can I retire at age 50 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$153,597$152,229$150,894$149,591$148,319$142,773
2 years$76,038$74,622$73,250$71,919$70,628$65,104
3 years$50,189$48,766$47,397$46,079$44,809$39,481
4 years$37,266$35,848$34,493$33,197$31,958$26,866
5 years$29,515$28,106$26,768$25,499$24,294$19,452
6 years$24,349$22,950$21,633$20,392$19,223$14,634
7 years$20,661$19,274$17,977$16,765$15,634$11,296
8 years$17,896$16,521$15,246$14,064$12,970$8,880
9 years$15,746$14,385$13,131$11,979$10,922$7,074
10 years$14,027$12,679$11,448$10,326$9,306$5,693
11 years$12,622$11,288$10,079$8,987$8,004$4,618
12 years$11,452$10,131$8,945$7,883$6,936$3,769
13 years$10,463$9,156$7,991$6,959$6,048$3,091
14 years$9,615$8,322$7,180$6,178$5,302$2,544
15 years$8,882$7,602$6,483$5,509$4,668$2,101
16 years$8,241$6,975$5,878$4,933$4,126$1,740
17 years$7,675$6,424$5,348$4,432$3,658$1,444
18 years$7,173$5,936$4,882$3,994$3,253$1,200
19 years$6,725$5,501$4,470$3,609$2,899$999
20 years$6,322$5,112$4,102$3,269$2,590$832
21 years$5,957$4,762$3,773$2,967$2,317$694
22 years$5,626$4,445$3,477$2,697$2,077$580
23 years$5,325$4,157$3,211$2,457$1,865$484
24 years$5,049$3,895$2,969$2,241$1,676$405
25 years$4,795$3,655$2,750$2,046$1,508$338
26 years$4,562$3,435$2,551$1,871$1,358$283
27 years$4,346$3,233$2,369$1,713$1,225$237
28 years$4,146$3,047$2,202$1,569$1,105$198
29 years$3,959$2,874$2,049$1,439$998$166
30 years$3,786$2,714$1,909$1,321$902$139
31 years$3,624$2,566$1,779$1,213$815$116
32 years$3,473$2,428$1,660$1,115$737$98
33 years$3,331$2,299$1,550$1,025$667$82
34 years$3,198$2,179$1,448$943$604$68
35 years$3,072$2,067$1,354$868$547$57
36 years$2,954$1,962$1,267$800$496$48
37 years$2,843$1,863$1,186$737$449$40
38 years$2,737$1,771$1,110$679$407$34
39 years$2,637$1,684$1,040$626$369$28
40 years$2,543$1,602$975$577$335$24
41 years$2,453$1,525$914$533$304$20
42 years$2,368$1,452$858$492$276$17
43 years$2,287$1,384$805$454$250$14
44 years$2,210$1,319$755$419$227$12
45 years$2,136$1,258$709$387$206$10
46 years$2,066$1,200$666$358$187$8
47 years$2,000$1,145$626$330$170$7
48 years$1,936$1,093$588$305$154$6
49 years$1,874$1,044$553$282$140$5
50 years$1,816$997$520$261$127$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,860,000, adding $3,888 every year, while hoping to spend $56,635 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: 75/19/6 Blend
49$1,860,000$1,860,000$1,860,000$1,860,000
50$2,053,730$1,955,150$1,926,320$2,206,188
51$2,202,952$1,990,694$1,930,593$2,342,513
52$2,365,495$2,026,080$1,933,111$2,484,231
53$2,542,661$2,061,243$1,933,754$2,637,878
54$2,735,877$2,096,109$1,932,400$2,804,614
55$2,946,718$2,130,600$1,928,917$2,985,716
56$3,176,917$2,164,632$1,923,169$3,182,590
57$3,428,378$2,198,116$1,915,012$3,396,785
58$3,703,203$2,230,953$1,904,294$3,630,009
59$4,003,701$2,263,042$1,890,860$3,884,140
60$4,332,418$2,294,269$1,874,543$4,161,250
61$4,692,154$2,324,518$1,855,169$4,463,620
62$5,085,995$2,353,661$1,832,559$4,793,763
63$5,517,337$2,381,561$1,806,521$5,154,449
64$5,989,923$2,408,075$1,776,856$5,548,728
65$6,507,872$2,433,047$1,743,357$5,979,962
66$7,075,721$2,456,313$1,705,806$6,451,855
67$7,698,468$2,477,696$1,663,974$6,968,489
68$8,381,618$2,497,009$1,617,624$7,534,361
69$9,131,233$2,514,053$1,566,504$8,154,427
70$9,953,992$2,528,614$1,510,355$8,834,149
71$10,857,250$2,540,467$1,448,903$9,579,544
72$11,849,111$2,549,371$1,381,862$10,397,245
73$12,938,501$2,555,071$1,308,935$11,294,559
74$14,135,253$2,557,295$1,229,810$12,279,541
75$15,450,201$2,555,754$1,144,160$13,361,067
76$16,895,277$2,550,142$1,051,645$14,548,918
77$18,483,629$2,540,133$951,910$15,853,874
78$20,229,743$2,525,383$844,582$17,287,815
79$22,149,574$2,505,524$729,273$18,863,832
80$24,260,704$2,480,169$605,577$20,596,355
81$26,582,504$2,448,905$473,072$22,501,284
82$29,136,315$2,411,296$331,316$24,596,146
83$31,945,650$2,366,881$179,845$26,900,251
84$35,036,416$2,315,167$18,180$29,434,887
85$38,437,157$2,255,638$0$32,223,511
86$42,179,326$2,187,743$0$35,301,857
87$46,297,576$2,110,901$0$38,690,420
88$50,830,090$2,024,496$0$42,419,471
89$55,818,940$1,927,878$0$46,523,654
90$61,310,485$1,820,357$0$51,041,145
91$67,355,805$1,701,205$0$56,014,018
92$74,011,185$1,569,651$0$61,488,638
93$81,338,643$1,424,882$0$67,516,103
94$89,406,520$1,266,036$0$74,152,724
95$98,290,116$1,092,203$0$81,460,556
96$108,072,410$902,423$0$89,507,988
97$118,844,834$695,680$0$98,370,388
98$130,708,139$470,900$0$108,130,814
99$143,773,348$226,953$0$118,880,798
100$158,162,796$0$0$130,721,214