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%18%
1 years$165,158$163,687$162,252$160,851$159,483$154,316
2 years$81,761$80,239$78,763$77,332$75,944$70,787
3 years$53,966$52,437$50,965$49,547$48,182$43,197
4 years$40,071$38,547$37,089$35,696$34,364$29,588
5 years$31,737$30,221$28,783$27,418$26,123$21,570
6 years$26,182$24,678$23,261$21,926$20,670$16,344
7 years$22,216$20,724$19,330$18,027$16,810$12,710
8 years$19,243$17,765$16,393$15,122$13,946$10,068
9 years$16,931$15,467$14,120$12,881$11,744$8,085
10 years$15,083$13,634$12,310$11,103$10,007$6,561
11 years$13,572$12,137$10,837$9,663$8,606$5,367
12 years$12,314$10,894$9,618$8,476$7,458$4,418
13 years$11,250$9,845$8,593$7,483$6,503$3,655
14 years$10,339$8,949$7,721$6,643$5,701$3,037
15 years$9,550$8,175$6,971$5,924$5,020$2,531
16 years$8,861$7,500$6,320$5,304$4,436$2,116
17 years$8,253$6,907$5,751$4,766$3,934$1,772
18 years$7,713$6,383$5,250$4,295$3,497$1,488
19 years$7,231$5,915$4,806$3,881$3,117$1,250
20 years$6,797$5,497$4,411$3,515$2,785$1,052
21 years$6,406$5,120$4,057$3,190$2,492$887
22 years$6,050$4,779$3,739$2,900$2,234$748
23 years$5,726$4,470$3,452$2,642$2,005$631
24 years$5,429$4,188$3,193$2,409$1,802$533
25 years$5,156$3,930$2,957$2,200$1,622$450
26 years$4,905$3,694$2,743$2,012$1,461$381
27 years$4,673$3,476$2,547$1,841$1,317$322
28 years$4,458$3,276$2,368$1,687$1,188$272
29 years$4,258$3,090$2,203$1,547$1,073$231
30 years$4,071$2,919$2,052$1,420$970$195
31 years$3,897$2,759$1,913$1,304$877$165
32 years$3,734$2,611$1,785$1,198$793$140
33 years$3,582$2,472$1,667$1,102$718$118
34 years$3,438$2,343$1,557$1,014$650$100
35 years$3,304$2,222$1,456$933$588$85
36 years$3,176$2,109$1,362$860$533$72
37 years$3,057$2,003$1,275$792$483$61
38 years$2,943$1,904$1,194$730$438$52
39 years$2,836$1,811$1,119$673$397$44
40 years$2,734$1,723$1,048$621$360$37
41 years$2,638$1,640$983$573$327$31
42 years$2,546$1,562$922$529$297$27
43 years$2,459$1,488$865$488$269$23
44 years$2,376$1,418$812$451$244$19
45 years$2,297$1,352$763$416$222$16
46 years$2,222$1,290$716$384$201$14
47 years$2,150$1,231$673$355$183$12
48 years$2,081$1,175$632$328$166$10
49 years$2,016$1,122$594$303$151$8
50 years$1,953$1,072$559$280$137$7

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 $4,022 every year, while hoping to spend $38,689 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: 59/33/8 Blend
49$2,000,000$2,000,000$2,000,000$2,000,000
50$2,208,149$2,102,149$2,071,149$2,334,310
51$2,392,215$2,163,989$2,099,367$2,481,307
52$2,593,760$2,227,563$2,127,235$2,636,762
53$2,814,524$2,292,915$2,154,698$2,805,297
54$3,056,427$2,360,089$2,181,702$2,988,173
55$3,321,580$2,429,131$2,208,187$3,186,773
56$3,612,312$2,500,089$2,234,091$3,402,622
57$3,931,184$2,573,009$2,259,349$3,637,397
58$4,281,019$2,647,941$2,283,892$3,892,945
59$4,664,925$2,724,933$2,307,645$4,171,297
60$5,086,329$2,804,036$2,330,533$4,474,692
61$5,549,002$2,885,301$2,352,472$4,805,593
62$6,057,099$2,968,779$2,373,379$5,166,714
63$6,615,198$3,054,525$2,393,162$5,561,041
64$7,228,341$3,142,590$2,411,727$5,991,864
65$7,902,085$3,233,030$2,428,972$6,462,805
66$8,642,549$3,325,899$2,444,794$6,977,855
67$9,456,475$3,421,255$2,459,081$7,541,407
68$10,351,293$3,519,153$2,471,717$8,158,302
69$11,335,184$3,619,651$2,482,579$8,833,870
70$12,417,166$3,722,808$2,491,539$9,573,983
71$13,607,174$3,828,681$2,498,462$10,385,109
72$14,916,150$3,937,332$2,503,206$11,274,374
73$16,356,155$4,048,819$2,505,621$12,249,626
74$17,940,476$4,163,203$2,505,552$13,319,513
75$19,683,750$4,280,547$2,502,834$14,493,560
76$21,602,110$4,400,910$2,497,295$15,782,263
77$23,713,326$4,524,356$2,488,756$17,197,183
78$26,036,982$4,650,946$2,477,026$18,751,059
79$28,594,655$4,780,743$2,461,907$20,457,926
80$31,410,121$4,913,811$2,443,192$22,333,246
81$34,509,576$5,050,211$2,420,662$24,394,057
82$37,921,889$5,190,007$2,394,090$26,659,130
83$41,678,866$5,333,261$2,363,236$29,149,149
84$45,815,556$5,480,037$2,327,851$31,886,902
85$50,370,580$5,630,396$2,287,671$34,897,501
86$55,386,494$5,784,401$2,242,423$38,208,613
87$60,910,193$5,942,112$2,191,821$41,850,726
88$66,993,348$6,103,592$2,135,562$45,857,433
89$73,692,900$6,268,898$2,073,334$50,265,749
90$81,071,593$6,438,091$2,004,808$55,116,465
91$89,198,566$6,611,228$1,929,639$60,454,523
92$98,150,007$6,788,365$1,847,469$66,329,451
93$108,009,870$6,969,557$1,757,922$72,795,822
94$118,870,668$7,154,858$1,660,604$79,913,772
95$130,834,348$7,344,317$1,555,106$87,749,569
96$144,013,248$7,537,985$1,440,998$96,376,234
97$158,531,160$7,735,907$1,317,832$105,874,235
98$174,524,498$7,938,126$1,185,140$116,332,242
99$192,143,587$8,144,684$1,042,432$127,847,967
100$211,554,076$8,355,618$889,197$140,529,082