Can I retire at age 50 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$156,074$154,684$153,328$152,004$150,711$147,068
2 years$77,265$75,826$74,431$73,079$71,767$68,119
3 years$50,998$49,553$48,162$46,822$45,532$41,992
4 years$37,867$36,427$35,049$33,733$32,474$29,070
5 years$29,991$28,559$27,200$25,910$24,686$21,427
6 years$24,742$23,320$21,981$20,720$19,533$16,423
7 years$20,994$19,585$18,267$17,035$15,886$12,925
8 years$18,184$16,788$15,492$14,291$13,179$10,366
9 years$16,000$14,617$13,343$12,172$11,098$8,431
10 years$14,254$12,884$11,633$10,493$9,456$6,932
11 years$12,826$11,470$10,241$9,132$8,133$5,747
12 years$11,637$10,295$9,089$8,010$7,048$4,797
13 years$10,632$9,303$8,120$7,071$6,146$4,025
14 years$9,771$8,456$7,296$6,277$5,387$3,393
15 years$9,025$7,725$6,587$5,598$4,743$2,870
16 years$8,373$7,088$5,972$5,013$4,192$2,436
17 years$7,799$6,527$5,435$4,504$3,717$2,072
18 years$7,289$6,032$4,961$4,059$3,305$1,766
19 years$6,833$5,590$4,542$3,667$2,946$1,508
20 years$6,424$5,195$4,168$3,322$2,631$1,290
21 years$6,053$4,839$3,834$3,015$2,355$1,105
22 years$5,717$4,517$3,534$2,741$2,111$947
23 years$5,411$4,224$3,263$2,496$1,895$813
24 years$5,130$3,958$3,017$2,277$1,703$698
25 years$4,873$3,714$2,795$2,079$1,532$600
26 years$4,635$3,491$2,592$1,901$1,380$515
27 years$4,416$3,285$2,407$1,740$1,245$443
28 years$4,212$3,096$2,237$1,594$1,123$382
29 years$4,023$2,920$2,082$1,462$1,014$329
30 years$3,847$2,758$1,939$1,342$916$283
31 years$3,683$2,607$1,808$1,232$828$244
32 years$3,529$2,467$1,687$1,133$749$210
33 years$3,385$2,336$1,575$1,041$678$181
34 years$3,249$2,214$1,472$958$614$156
35 years$3,122$2,100$1,376$882$556$134
36 years$3,002$1,993$1,287$812$504$116
37 years$2,888$1,893$1,205$749$457$100
38 years$2,781$1,799$1,128$690$414$86
39 years$2,680$1,711$1,057$636$375$74
40 years$2,584$1,628$991$587$341$64
41 years$2,493$1,550$929$541$309$55
42 years$2,406$1,476$871$500$280$48
43 years$2,324$1,406$818$461$254$41
44 years$2,246$1,340$768$426$231$35
45 years$2,171$1,278$721$393$210$31
46 years$2,100$1,219$677$363$190$26
47 years$2,032$1,164$636$336$173$23
48 years$1,967$1,111$598$310$157$20
49 years$1,905$1,061$562$287$143$17
50 years$1,845$1,013$528$265$129$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,890,000, adding $4,102 every year, while hoping to spend $36,608 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: 59/24/17 Blend
49$1,890,000$1,890,000$1,890,000$1,890,000
50$2,087,011$1,986,841$1,957,546$2,200,743
51$2,260,936$2,045,246$1,984,173$2,336,560
52$2,451,374$2,105,285$2,010,466$2,480,209
53$2,659,971$2,167,001$2,036,373$2,636,022
54$2,888,539$2,230,436$2,061,843$2,805,179
55$3,139,075$2,295,632$2,086,819$2,988,979
56$3,413,776$2,362,633$2,111,244$3,188,852
57$3,715,064$2,431,485$2,135,053$3,406,372
58$4,045,606$2,502,233$2,158,183$3,643,273
59$4,408,339$2,574,924$2,180,563$3,901,466
60$4,806,497$2,649,603$2,202,120$4,183,051
61$5,243,646$2,726,320$2,222,777$4,490,347
62$5,723,711$2,805,123$2,242,453$4,825,902
63$6,251,017$2,886,061$2,261,063$5,192,526
64$6,830,328$2,969,185$2,278,516$5,593,314
65$7,466,893$3,054,547$2,294,717$6,031,676
66$8,166,493$3,142,196$2,309,567$6,511,364
67$8,935,499$3,232,187$2,322,961$7,036,517
68$9,780,927$3,324,572$2,334,788$7,611,692
69$10,710,511$3,419,406$2,344,933$8,241,907
70$11,732,768$3,516,741$2,353,273$8,932,696
71$12,857,084$3,616,635$2,359,681$9,690,150
72$14,093,798$3,719,142$2,364,022$10,520,984
73$15,454,304$3,824,318$2,366,155$11,432,594
74$16,951,154$3,932,221$2,365,932$12,433,131
75$18,598,179$4,042,907$2,363,198$13,531,574
76$20,410,618$4,156,434$2,357,790$14,737,817
77$22,405,261$4,272,859$2,349,536$16,062,762
78$24,600,610$4,392,242$2,338,257$17,518,422
79$27,017,050$4,514,639$2,323,767$19,118,031
80$29,677,042$4,640,110$2,305,866$20,876,176
81$32,605,338$4,768,713$2,284,351$22,808,926
82$35,829,209$4,900,507$2,259,003$24,933,991
83$39,378,706$5,035,549$2,229,597$27,270,884
84$43,286,942$5,173,898$2,195,896$29,841,108
85$47,590,403$5,315,613$2,157,652$32,668,356
86$52,329,296$5,460,749$2,114,605$35,778,739
87$57,547,922$5,609,364$2,066,482$39,201,028
88$63,295,101$5,761,514$2,013,000$42,966,928
89$69,624,627$5,917,254$1,953,862$47,111,378
90$76,595,778$6,076,638$1,888,755$51,672,878
91$84,273,873$6,239,719$1,817,354$56,693,854
92$92,730,892$6,406,549$1,739,319$62,221,059
93$102,046,151$6,577,178$1,654,294$68,306,013
94$112,307,053$6,751,654$1,561,907$75,005,490
95$123,609,911$6,930,023$1,461,770$82,382,056
96$136,060,857$7,112,330$1,353,475$90,504,656
97$149,776,847$7,298,616$1,236,598$99,449,268
98$164,886,757$7,488,921$1,110,696$109,299,617
99$181,532,608$7,683,279$975,306$120,147,969
100$199,870,898$7,881,724$829,943$132,096,002