Can I retire at age 50 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$156,900$155,503$154,139$152,808$151,509$147,427
2 years$77,673$76,227$74,825$73,465$72,147$68,064
3 years$51,268$49,815$48,417$47,070$45,773$41,817
4 years$38,068$36,619$35,235$33,911$32,646$28,846
5 years$30,150$28,710$27,344$26,047$24,817$21,185
6 years$24,873$23,444$22,098$20,830$19,637$16,175
7 years$21,105$19,688$18,363$17,126$15,970$12,679
8 years$18,280$16,876$15,574$14,366$13,249$10,127
9 years$16,085$14,694$13,414$12,237$11,157$8,202
10 years$14,329$12,952$11,694$10,548$9,506$6,714
11 years$12,894$11,530$10,295$9,180$8,176$5,542
12 years$11,698$10,349$9,137$8,052$7,085$4,604
13 years$10,688$9,353$8,163$7,109$6,178$3,846
14 years$9,822$8,501$7,335$6,310$5,416$3,226
15 years$9,073$7,766$6,622$5,628$4,769$2,716
16 years$8,418$7,125$6,004$5,039$4,214$2,293
17 years$7,840$6,562$5,463$4,528$3,737$1,941
18 years$7,328$6,064$4,987$4,080$3,323$1,646
19 years$6,869$5,620$4,566$3,687$2,962$1,398
20 years$6,457$5,222$4,190$3,339$2,645$1,189
21 years$6,085$4,864$3,854$3,031$2,367$1,013
22 years$5,747$4,540$3,552$2,755$2,122$864
23 years$5,439$4,247$3,280$2,509$1,905$737
24 years$5,157$3,979$3,033$2,289$1,712$629
25 years$4,898$3,734$2,809$2,090$1,541$538
26 years$4,660$3,509$2,606$1,911$1,388$460
27 years$4,439$3,303$2,420$1,749$1,251$393
28 years$4,235$3,112$2,249$1,603$1,129$337
29 years$4,045$2,936$2,093$1,470$1,019$288
30 years$3,868$2,773$1,950$1,349$921$247
31 years$3,702$2,621$1,818$1,239$833$211
32 years$3,548$2,480$1,696$1,139$753$181
33 years$3,403$2,349$1,583$1,047$682$155
34 years$3,266$2,226$1,479$963$617$133
35 years$3,138$2,111$1,383$887$559$114
36 years$3,018$2,004$1,294$817$507$98
37 years$2,904$1,903$1,211$752$459$84
38 years$2,796$1,809$1,134$694$416$72
39 years$2,694$1,720$1,063$640$377$61
40 years$2,598$1,636$996$590$342$53
41 years$2,506$1,558$934$544$311$45
42 years$2,419$1,484$876$502$282$39
43 years$2,336$1,414$822$464$256$33
44 years$2,257$1,347$772$428$232$28
45 years$2,182$1,285$725$395$211$24
46 years$2,111$1,226$681$365$191$21
47 years$2,043$1,170$639$337$174$18
48 years$1,977$1,117$601$312$158$15
49 years$1,915$1,066$565$288$143$13
50 years$1,855$1,019$531$266$130$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,900,000, adding $4,485 every year, while hoping to spend $31,098 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: 51/42/7 Blend
49$1,900,000$1,900,000$1,900,000$1,900,000
50$2,098,426$1,997,726$1,968,276$2,201,564
51$2,279,378$2,062,527$2,001,126$2,337,015
52$2,477,744$2,129,460$2,034,033$2,480,449
53$2,695,268$2,198,598$2,066,968$2,635,627
54$2,933,871$2,270,015$2,099,897$2,803,656
55$3,195,668$2,343,788$2,132,785$2,985,759
56$3,482,988$2,419,995$2,165,595$3,183,276
57$3,798,397$2,498,720$2,198,287$3,397,683
58$4,144,723$2,580,046$2,230,819$3,630,604
59$4,525,079$2,664,063$2,263,146$3,883,823
60$4,942,896$2,750,860$2,295,219$4,159,306
61$5,401,952$2,840,533$2,326,990$4,459,215
62$5,906,410$2,933,179$2,358,403$4,785,927
63$6,460,857$3,028,898$2,389,403$5,142,062
64$7,070,346$3,127,795$2,419,929$5,530,501
65$7,740,442$3,229,978$2,449,918$5,954,414
66$8,477,280$3,335,559$2,479,303$6,417,295
67$9,287,615$3,444,654$2,508,012$6,922,986
68$10,178,892$3,557,383$2,535,971$7,475,719
69$11,159,314$3,673,869$2,563,101$8,080,152
70$12,237,917$3,794,242$2,589,318$8,741,416
71$13,424,659$3,918,635$2,614,535$9,465,159
72$14,730,511$4,047,184$2,638,658$10,257,600
73$16,167,561$4,180,033$2,661,590$11,125,590
74$17,749,127$4,317,330$2,683,229$12,076,673
75$19,489,886$4,459,228$2,703,465$13,119,154
76$21,406,009$4,605,884$2,722,185$14,262,186
77$23,515,312$4,757,463$2,739,270$15,515,846
78$25,837,431$4,914,135$2,754,592$16,891,233
79$28,393,997$5,076,077$2,768,019$18,400,574
80$31,208,850$5,243,469$2,779,413$20,057,338
81$34,308,255$5,416,502$2,788,626$21,876,359
82$37,721,157$5,595,370$2,795,505$23,873,980
83$41,479,449$5,780,278$2,799,888$26,068,203
84$45,618,275$5,971,433$2,801,606$28,478,860
85$50,176,361$6,169,055$2,800,482$31,127,800
86$55,196,379$6,373,369$2,796,328$34,039,091
87$60,725,354$6,584,607$2,788,948$37,239,250
88$66,815,100$6,803,014$2,778,138$40,757,491
89$73,522,718$7,028,838$2,763,683$44,626,000
90$80,911,125$7,262,341$2,745,356$48,880,238
91$89,049,656$7,503,792$2,722,922$53,559,272
92$98,014,713$7,753,470$2,696,132$58,706,149
93$107,890,489$8,011,666$2,664,728$64,368,295
94$118,769,760$8,278,678$2,628,438$70,597,965
95$130,754,761$8,554,820$2,586,976$77,452,735
96$143,958,153$8,840,412$2,540,046$84,996,042
97$158,504,083$9,135,790$2,487,335$93,297,785
98$174,529,357$9,441,301$2,428,518$102,434,981
99$192,184,731$9,757,304$2,363,253$112,492,494
100$211,636,334$10,084,174$2,291,184$123,563,828