Can I retire at age 50 with 2,000,000?

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$165,158$163,687$162,252$160,851$159,483$153,216
2 years$81,761$80,239$78,763$77,332$75,944$69,707
3 years$53,966$52,437$50,965$49,547$48,182$42,171
4 years$40,071$38,547$37,089$35,696$34,364$28,625
5 years$31,737$30,221$28,783$27,418$26,123$20,670
6 years$26,182$24,678$23,261$21,926$20,670$15,508
7 years$22,216$20,724$19,330$18,027$16,810$11,936
8 years$19,243$17,765$16,393$15,122$13,946$9,355
9 years$16,931$15,467$14,120$12,881$11,744$7,430
10 years$15,083$13,634$12,310$11,103$10,007$5,961
11 years$13,572$12,137$10,837$9,663$8,606$4,819
12 years$12,314$10,894$9,618$8,476$7,458$3,920
13 years$11,250$9,845$8,593$7,483$6,503$3,204
14 years$10,339$8,949$7,721$6,643$5,701$2,628
15 years$9,550$8,175$6,971$5,924$5,020$2,163
16 years$8,861$7,500$6,320$5,304$4,436$1,784
17 years$8,253$6,907$5,751$4,766$3,934$1,475
18 years$7,713$6,383$5,250$4,295$3,497$1,221
19 years$7,231$5,915$4,806$3,881$3,117$1,013
20 years$6,797$5,497$4,411$3,515$2,785$841
21 years$6,406$5,120$4,057$3,190$2,492$699
22 years$6,050$4,779$3,739$2,900$2,234$581
23 years$5,726$4,470$3,452$2,642$2,005$483
24 years$5,429$4,188$3,193$2,409$1,802$402
25 years$5,156$3,930$2,957$2,200$1,622$335
26 years$4,905$3,694$2,743$2,012$1,461$279
27 years$4,673$3,476$2,547$1,841$1,317$233
28 years$4,458$3,276$2,368$1,687$1,188$194
29 years$4,258$3,090$2,203$1,547$1,073$162
30 years$4,071$2,919$2,052$1,420$970$135
31 years$3,897$2,759$1,913$1,304$877$113
32 years$3,734$2,611$1,785$1,198$793$94
33 years$3,582$2,472$1,667$1,102$718$78
34 years$3,438$2,343$1,557$1,014$650$65
35 years$3,304$2,222$1,456$933$588$55
36 years$3,176$2,109$1,362$860$533$46
37 years$3,057$2,003$1,275$792$483$38
38 years$2,943$1,904$1,194$730$438$32
39 years$2,836$1,811$1,119$673$397$26
40 years$2,734$1,723$1,048$621$360$22
41 years$2,638$1,640$983$573$327$18
42 years$2,546$1,562$922$529$297$15
43 years$2,459$1,488$865$488$269$13
44 years$2,376$1,418$812$451$244$11
45 years$2,297$1,352$763$416$222$9
46 years$2,222$1,290$716$384$201$7
47 years$2,150$1,231$673$355$183$6
48 years$2,081$1,175$632$328$166$5
49 years$2,016$1,122$594$303$151$4
50 years$1,953$1,072$559$280$137$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,000,000, adding $4,923 every year, while hoping to spend $46,794 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: 49/25/26 Blend
49$2,000,000$2,000,000$2,000,000$2,000,000
50$2,209,078$2,103,078$2,072,078$2,300,818
51$2,384,616$2,156,340$2,091,704$2,418,739
52$2,576,490$2,210,644$2,110,420$2,541,728
53$2,786,317$2,265,991$2,128,144$2,674,423
54$3,015,878$2,322,382$2,144,794$2,817,762
55$3,267,133$2,379,814$2,160,280$2,972,780
56$3,542,241$2,438,285$2,174,509$3,140,616
57$3,843,578$2,497,789$2,187,384$3,322,527
58$4,173,762$2,558,321$2,198,801$3,519,896
59$4,535,677$2,619,869$2,208,651$3,734,249
60$4,932,497$2,682,424$2,216,822$3,967,267
61$5,367,719$2,745,970$2,223,193$4,220,802
62$5,845,196$2,810,492$2,227,639$4,496,897
63$6,369,169$2,875,969$2,230,028$4,797,802
64$6,944,312$2,942,379$2,230,222$5,125,997
65$7,575,772$3,009,696$2,228,075$5,484,217
66$8,269,220$3,077,890$2,223,435$5,875,474
67$9,030,903$3,146,929$2,216,142$6,303,090
68$9,867,701$3,216,775$2,206,029$6,770,726
69$10,787,195$3,287,385$2,192,919$7,282,418
70$11,797,737$3,358,715$2,176,630$7,842,614
71$12,908,527$3,430,713$2,156,968$8,456,217
72$14,129,701$3,503,323$2,133,731$9,128,632
73$15,472,427$3,576,482$2,106,708$9,865,815
74$16,949,008$3,650,123$2,075,676$10,674,333
75$18,573,000$3,724,172$2,040,404$11,561,425
76$20,359,338$3,798,548$2,000,649$12,535,068
77$22,324,477$3,873,164$1,956,157$13,604,058
78$24,486,547$3,947,922$1,906,662$14,778,087
79$26,865,525$4,022,720$1,851,885$16,067,841
80$29,483,421$4,097,446$1,791,536$17,485,099
81$32,364,487$4,171,979$1,725,310$19,042,841
82$35,535,446$4,246,187$1,652,889$20,755,378
83$39,025,740$4,319,929$1,573,939$22,638,482
84$42,867,813$4,393,053$1,488,114$24,709,540
85$47,097,414$4,465,396$1,395,050$26,987,714
86$51,753,932$4,536,782$1,294,365$29,494,126
87$56,880,771$4,607,022$1,185,664$32,252,057
88$62,525,757$4,675,914$1,068,532$35,287,169
89$68,741,591$4,743,241$942,535$38,627,746
90$75,586,344$4,808,771$807,221$42,304,962
91$83,124,005$4,872,254$662,116$46,353,178
92$91,425,085$4,933,425$506,728$50,810,268
93$100,567,281$4,992,001$340,541$55,717,973
94$110,636,211$5,047,677$163,017$61,122,302
95$121,726,222$5,100,130$0$67,073,964
96$133,941,274$5,149,014$0$73,636,182
97$147,395,930$5,193,961$0$80,911,962
98$162,216,428$5,234,579$0$88,924,095
99$178,541,880$5,270,450$0$97,747,587
100$196,525,579$5,301,129$0$107,465,096