Can I retire at age 50 with 1,910,000?

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 $1,910,000?

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$157,726$156,321$154,950$153,612$152,306$149,721
2 years$78,082$76,628$75,219$73,852$72,527$69,931
3 years$51,538$50,077$48,671$47,318$46,014$43,487
4 years$38,268$36,812$35,420$34,090$32,818$30,380
5 years$30,308$28,861$27,488$26,184$24,947$22,606
6 years$25,004$23,567$22,214$20,940$19,740$17,497
7 years$21,216$19,792$18,460$17,216$16,054$13,910
8 years$18,377$16,965$15,656$14,442$13,318$11,273
9 years$16,169$14,771$13,484$12,301$11,216$9,268
10 years$14,405$13,020$11,756$10,604$9,557$7,705
11 years$12,962$11,591$10,350$9,228$8,219$6,461
12 years$11,760$10,404$9,185$8,095$7,122$5,457
13 years$10,744$9,402$8,206$7,146$6,211$4,634
14 years$9,874$8,546$7,373$6,344$5,444$3,954
15 years$9,121$7,807$6,657$5,657$4,794$3,387
16 years$8,462$7,163$6,036$5,066$4,237$2,911
17 years$7,882$6,597$5,492$4,551$3,756$2,508
18 years$7,366$6,095$5,014$4,102$3,340$2,167
19 years$6,906$5,649$4,590$3,706$2,977$1,875
20 years$6,491$5,250$4,212$3,357$2,659$1,626
21 years$6,117$4,890$3,874$3,046$2,380$1,411
22 years$5,778$4,564$3,571$2,770$2,133$1,227
23 years$5,468$4,269$3,297$2,523$1,915$1,067
24 years$5,185$4,000$3,049$2,301$1,721$930
25 years$4,924$3,754$2,824$2,101$1,549$810
26 years$4,684$3,528$2,619$1,921$1,395$707
27 years$4,463$3,320$2,432$1,759$1,258$617
28 years$4,257$3,128$2,261$1,611$1,135$539
29 years$4,066$2,951$2,104$1,478$1,025$471
30 years$3,888$2,787$1,960$1,356$926$411
31 years$3,722$2,635$1,827$1,245$837$360
32 years$3,566$2,493$1,705$1,145$757$315
33 years$3,421$2,361$1,592$1,052$685$275
34 years$3,284$2,238$1,487$968$620$241
35 years$3,155$2,122$1,391$891$562$211
36 years$3,034$2,014$1,301$821$509$185
37 years$2,919$1,913$1,218$756$461$162
38 years$2,811$1,818$1,140$697$418$141
39 years$2,708$1,729$1,068$643$379$124
40 years$2,611$1,645$1,001$593$344$108
41 years$2,519$1,566$939$547$312$95
42 years$2,432$1,491$881$505$283$83
43 years$2,349$1,421$826$466$257$73
44 years$2,269$1,354$776$430$233$64
45 years$2,194$1,292$728$397$212$56
46 years$2,122$1,232$684$367$192$49
47 years$2,053$1,176$643$339$175$43
48 years$1,988$1,122$604$313$159$38
49 years$1,925$1,072$568$290$144$33
50 years$1,865$1,024$534$268$131$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,910,000, adding $4,350 every year, while hoping to spend $37,277 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: 60/25/15 Blend
49$1,910,000$1,910,000$1,910,000$1,910,000
50$2,109,307$2,008,077$1,978,472$2,227,653
51$2,284,794$2,066,810$2,005,088$2,366,678
52$2,476,931$2,127,172$2,031,347$2,513,718
53$2,687,378$2,189,203$2,057,197$2,673,241
54$2,917,960$2,252,944$2,082,583$2,846,458
55$3,170,691$2,318,438$2,107,448$3,034,702
56$3,447,786$2,385,726$2,131,732$3,239,439
57$3,751,686$2,454,852$2,155,371$3,462,285
58$4,085,079$2,525,860$2,178,297$3,705,019
59$4,450,925$2,598,796$2,200,438$3,969,598
60$4,852,487$2,673,704$2,221,720$4,258,180
61$5,293,356$2,750,631$2,242,063$4,573,140
62$5,777,490$2,829,624$2,261,385$4,917,095
63$6,309,249$2,910,730$2,279,596$5,292,925
64$6,893,434$2,993,998$2,296,604$5,703,804
65$7,535,337$3,079,476$2,312,312$6,153,229
66$8,240,785$3,167,214$2,326,618$6,645,049
67$9,016,199$3,257,262$2,339,414$7,183,508
68$9,868,653$3,349,670$2,350,587$7,773,277
69$10,805,941$3,444,489$2,360,017$8,419,507
70$11,836,649$3,541,770$2,367,579$9,127,866
71$12,970,237$3,641,567$2,373,143$9,904,606
72$14,217,128$3,743,930$2,376,569$10,756,608
73$15,588,805$3,848,913$2,377,715$11,691,458
74$17,097,921$3,956,568$2,376,426$12,717,513
75$18,758,418$4,066,949$2,372,545$13,843,979
76$20,585,656$4,180,108$2,365,905$15,081,001
77$22,596,558$4,296,099$2,356,328$16,439,757
78$24,809,775$4,414,976$2,343,633$17,932,563
79$27,245,853$4,536,791$2,327,626$19,572,989
80$29,927,434$4,661,597$2,308,105$21,375,988
81$32,879,465$4,789,448$2,284,860$23,358,038
82$36,129,436$4,920,396$2,257,667$25,537,292
83$39,707,635$5,054,493$2,226,296$27,933,758
84$43,647,441$5,191,790$2,190,504$30,569,479
85$47,985,630$5,332,337$2,150,036$33,468,748
86$52,762,728$5,476,186$2,104,626$36,658,331
87$58,023,390$5,623,383$2,053,995$40,167,725
88$63,816,825$5,773,977$1,997,853$44,029,433
89$70,197,254$5,928,015$1,935,893$48,279,272
90$77,224,426$6,085,540$1,867,798$52,956,712
91$84,964,183$6,246,597$1,793,235$58,105,245
92$93,489,074$6,411,225$1,711,853$63,772,800
93$102,879,049$6,579,465$1,623,289$70,012,193
94$113,222,205$6,751,351$1,527,163$76,881,624
95$124,615,622$6,926,920$1,423,075$84,445,230
96$137,166,278$7,106,201$1,310,610$92,773,688
97$150,992,056$7,289,222$1,189,333$101,944,885
98$166,222,860$7,476,008$1,058,789$112,044,648
99$183,001,838$7,666,579$918,506$123,167,560
100$201,486,737$7,860,953$767,987$135,417,849