Can I retire at age 50 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$155,249$153,866$152,517$151,200$149,914$146,947
2 years$76,856$75,424$74,037$72,692$71,388$68,411
3 years$50,728$49,291$47,907$46,575$45,291$42,398
4 years$37,667$36,234$34,864$33,554$32,302$29,514
5 years$29,832$28,408$27,056$25,773$24,556$21,881
6 years$24,611$23,197$21,865$20,611$19,430$16,872
7 years$20,883$19,481$18,170$16,945$15,802$13,360
8 years$18,088$16,699$15,410$14,215$13,109$10,784
9 years$15,915$14,539$13,272$12,108$11,040$8,829
10 years$14,178$12,816$11,571$10,437$9,406$7,308
11 years$12,758$11,409$10,187$9,084$8,090$6,102
12 years$11,575$10,240$9,041$7,967$7,010$5,130
13 years$10,575$9,254$8,077$7,034$6,113$4,337
14 years$9,719$8,412$7,257$6,244$5,359$3,683
15 years$8,977$7,684$6,553$5,569$4,718$3,139
16 years$8,329$7,050$5,941$4,986$4,170$2,685
17 years$7,758$6,493$5,406$4,480$3,697$2,302
18 years$7,250$6,000$4,935$4,037$3,288$1,978
19 years$6,797$5,560$4,518$3,648$2,930$1,703
20 years$6,390$5,167$4,146$3,304$2,617$1,469
21 years$6,021$4,813$3,814$2,999$2,342$1,268
22 years$5,687$4,493$3,515$2,726$2,100$1,097
23 years$5,382$4,202$3,245$2,483$1,885$949
24 years$5,103$3,937$3,001$2,265$1,694$822
25 years$4,847$3,695$2,780$2,068$1,524$713
26 years$4,611$3,472$2,578$1,891$1,373$618
27 years$4,392$3,268$2,394$1,731$1,238$537
28 years$4,190$3,079$2,226$1,586$1,117$466
29 years$4,002$2,905$2,071$1,454$1,009$405
30 years$3,827$2,743$1,929$1,335$911$352
31 years$3,663$2,593$1,799$1,226$824$306
32 years$3,510$2,454$1,678$1,127$745$266
33 years$3,367$2,324$1,567$1,036$675$231
34 years$3,232$2,203$1,464$953$611$201
35 years$3,105$2,089$1,369$877$553$175
36 years$2,986$1,983$1,280$808$501$152
37 years$2,873$1,883$1,198$745$454$132
38 years$2,767$1,790$1,122$686$412$115
39 years$2,666$1,702$1,051$633$373$100
40 years$2,570$1,619$985$584$339$87
41 years$2,480$1,541$924$538$307$76
42 years$2,394$1,468$867$497$279$66
43 years$2,312$1,399$813$459$253$58
44 years$2,234$1,333$764$424$230$50
45 years$2,159$1,271$717$391$209$44
46 years$2,089$1,213$673$361$189$38
47 years$2,021$1,157$633$334$172$33
48 years$1,956$1,105$594$308$156$29
49 years$1,895$1,055$559$285$142$25
50 years$1,836$1,008$525$264$129$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,880,000, adding $3,843 every year, while hoping to spend $36,670 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: 74/21/5 Blend
49$1,880,000$1,880,000$1,880,000$1,880,000
50$2,075,724$1,976,084$1,946,944$2,228,285
51$2,248,431$2,033,896$1,973,150$2,386,972
52$2,437,526$2,093,311$1,999,005$2,555,707
53$2,644,640$2,154,370$2,024,458$2,739,481
54$2,871,572$2,217,113$2,049,457$2,939,768
55$3,120,303$2,281,581$2,073,944$3,158,187
56$3,393,012$2,347,818$2,097,859$3,396,525
57$3,692,103$2,415,864$2,121,141$3,656,747
58$4,020,221$2,485,765$2,143,723$3,941,015
59$4,380,280$2,557,564$2,165,534$4,251,713
60$4,775,489$2,631,305$2,186,500$4,591,464
61$5,209,385$2,707,035$2,206,544$4,963,158
62$5,685,863$2,784,801$2,225,584$5,369,977
63$6,209,213$2,864,648$2,243,532$5,815,427
64$6,784,161$2,946,624$2,260,299$6,303,366
65$7,415,915$3,030,778$2,275,789$6,838,048
66$8,110,210$3,117,158$2,289,899$7,424,156
67$8,873,366$3,205,813$2,302,526$8,066,848
68$9,712,346$3,296,794$2,313,557$8,771,808
69$10,634,819$3,390,151$2,322,875$9,545,296
70$11,649,237$3,485,935$2,330,357$10,394,208
71$12,764,909$3,584,196$2,335,875$11,326,141
72$13,992,095$3,684,987$2,339,292$12,349,466
73$15,342,097$3,788,359$2,340,466$13,473,404
74$16,827,367$3,894,365$2,339,248$14,708,114
75$18,461,627$4,003,057$2,335,481$16,064,789
76$20,259,994$4,114,488$2,329,001$17,555,760
77$22,239,126$4,228,711$2,319,635$19,194,614
78$24,417,377$4,345,777$2,307,203$20,996,320
79$26,814,969$4,465,741$2,291,514$22,977,374
80$29,454,188$4,588,654$2,272,371$25,155,947
81$32,359,585$4,714,568$2,249,566$27,552,064
82$35,558,217$4,843,536$2,222,881$30,187,788
83$39,079,895$4,975,609$2,192,087$33,087,430
84$42,957,468$5,110,838$2,156,946$36,277,777
85$47,227,133$5,249,272$2,117,207$39,788,345
86$51,928,777$5,390,963$2,072,610$43,651,658
87$57,106,349$5,535,957$2,022,879$47,903,554
88$62,808,280$5,684,302$1,967,729$52,583,522
89$69,087,936$5,836,044$1,906,859$57,735,076
90$76,004,123$5,991,228$1,839,956$63,406,166
91$83,621,641$6,149,896$1,766,693$69,649,627
92$92,011,897$6,312,089$1,686,726$76,523,682
93$101,253,576$6,477,847$1,599,696$84,092,487
94$111,433,385$6,647,205$1,505,230$92,426,739
95$122,646,870$6,820,199$1,402,935$101,604,343
96$134,999,320$6,996,858$1,292,403$111,711,144
97$148,606,758$7,177,211$1,173,206$122,841,742
98$163,597,036$7,361,283$1,044,897$135,100,380
99$180,111,043$7,549,095$907,010$148,601,932
100$198,304,032$7,740,663$759,057$163,472,982