Can I retire at age 50 with 2,010,000?

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 $2,010,000?

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$165,984$164,505$163,063$161,655$160,280$155,963
2 years$82,170$80,640$79,157$77,719$76,324$72,005
3 years$54,236$52,699$51,220$49,795$48,423$44,238
4 years$40,272$38,739$37,275$35,875$34,536$30,516
5 years$31,895$30,372$28,927$27,555$26,253$22,411
6 years$26,313$24,801$23,377$22,036$20,773$17,112
7 years$22,327$20,828$19,427$18,117$16,894$13,413
8 years$19,339$17,853$16,475$15,198$14,016$10,714
9 years$17,016$15,545$14,190$12,945$11,803$8,677
10 years$15,159$13,702$12,371$11,159$10,057$7,103
11 years$13,640$12,198$10,891$9,712$8,649$5,863
12 years$12,376$10,948$9,666$8,518$7,495$4,871
13 years$11,307$9,894$8,636$7,520$6,536$4,069
14 years$10,391$8,993$7,759$6,676$5,729$3,413
15 years$9,598$8,216$7,006$5,954$5,045$2,873
16 years$8,905$7,538$6,352$5,331$4,458$2,426
17 years$8,294$6,942$5,780$4,790$3,953$2,053
18 years$7,752$6,415$5,276$4,317$3,515$1,741
19 years$7,267$5,945$4,830$3,900$3,133$1,479
20 years$6,831$5,524$4,433$3,533$2,798$1,258
21 years$6,438$5,146$4,077$3,206$2,504$1,072
22 years$6,080$4,803$3,758$2,915$2,245$914
23 years$5,754$4,492$3,470$2,655$2,015$780
24 years$5,456$4,209$3,209$2,421$1,811$666
25 years$5,182$3,950$2,972$2,211$1,630$569
26 years$4,930$3,712$2,756$2,022$1,468$486
27 years$4,696$3,494$2,560$1,851$1,324$416
28 years$4,480$3,292$2,380$1,696$1,194$356
29 years$4,279$3,106$2,214$1,555$1,078$305
30 years$4,091$2,933$2,063$1,427$974$261
31 years$3,917$2,773$1,923$1,311$881$223
32 years$3,753$2,624$1,794$1,204$797$191
33 years$3,600$2,485$1,675$1,108$721$164
34 years$3,456$2,355$1,565$1,019$653$141
35 years$3,320$2,234$1,463$938$591$120
36 years$3,192$2,120$1,369$864$536$103
37 years$3,072$2,013$1,281$796$486$88
38 years$2,958$1,914$1,200$734$440$76
39 years$2,850$1,820$1,124$677$399$65
40 years$2,748$1,731$1,054$624$362$56
41 years$2,651$1,648$988$576$329$48
42 years$2,559$1,569$927$531$298$41
43 years$2,471$1,495$870$490$271$35
44 years$2,388$1,425$816$453$246$30
45 years$2,309$1,359$766$418$223$26
46 years$2,233$1,297$720$386$202$22
47 years$2,161$1,237$676$357$184$19
48 years$2,092$1,181$636$330$167$16
49 years$2,026$1,128$597$305$152$14
50 years$1,962$1,078$562$282$138$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,010,000, adding $3,048 every year, while hoping to spend $32,795 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: 70/21/9 Blend
49$2,010,000$2,010,000$2,010,000$2,010,000
50$2,218,164$2,111,634$2,080,479$2,369,513
51$2,409,523$2,180,210$2,115,281$2,538,693
52$2,619,302$2,251,048$2,150,151$2,719,458
53$2,849,344$2,324,223$2,185,054$2,916,375
54$3,101,681$2,399,814$2,219,957$3,131,025
55$3,378,550$2,477,902$2,254,824$3,365,149
56$3,682,415$2,558,573$2,289,613$3,620,663
57$4,015,992$2,641,913$2,324,285$3,899,676
58$4,382,269$2,728,012$2,358,795$4,204,511
59$4,784,540$2,816,965$2,393,095$4,537,725
60$5,226,435$2,908,868$2,427,135$4,902,134
61$5,711,950$3,003,821$2,460,862$5,300,837
62$6,245,488$3,101,928$2,494,221$5,737,251
63$6,831,902$3,203,296$2,527,151$6,215,134
64$7,476,535$3,308,036$2,559,589$6,738,630
65$8,185,275$3,416,264$2,591,469$7,312,298
66$8,964,610$3,528,098$2,622,721$7,941,164
67$9,821,687$3,643,661$2,653,269$8,630,760
68$10,764,381$3,763,082$2,683,035$9,387,183
69$11,801,367$3,886,493$2,711,936$10,217,146
70$12,942,205$4,014,029$2,739,884$11,128,046
71$14,197,427$4,145,834$2,766,787$12,128,029
72$15,578,638$4,282,053$2,792,548$13,226,072
73$17,098,624$4,422,838$2,817,063$14,432,062
74$18,771,474$4,568,348$2,840,225$15,756,892
75$20,612,711$4,718,744$2,861,920$17,212,561
76$22,639,441$4,874,196$2,882,028$18,812,292
77$24,870,511$5,034,879$2,900,423$20,570,649
78$27,326,689$5,200,973$2,916,972$22,503,681
79$30,030,857$5,372,666$2,931,536$24,629,068
80$33,008,230$5,550,153$2,943,969$26,966,291
81$36,286,594$5,733,636$2,954,117$29,536,813
82$39,896,565$5,923,321$2,961,817$32,364,282
83$43,871,877$6,119,427$2,966,901$35,474,754
84$48,249,706$6,322,176$2,969,189$38,896,939
85$53,071,014$6,531,801$2,968,496$42,662,470
86$58,380,941$6,748,543$2,964,624$46,806,201
87$64,229,227$6,972,651$2,957,368$51,366,537
88$70,670,680$7,204,383$2,946,512$56,385,797
89$77,765,699$7,444,007$2,931,830$61,910,609
90$85,580,838$7,691,801$2,913,084$67,992,353
91$94,189,436$7,948,053$2,890,025$74,687,643
92$103,672,312$8,213,060$2,862,394$82,058,863
93$114,118,520$8,487,133$2,829,917$90,174,755
94$125,626,199$8,770,592$2,792,309$99,111,066
95$138,303,490$9,063,769$2,749,269$108,951,262
96$152,269,562$9,367,010$2,700,486$119,787,318
97$167,655,735$9,680,672$2,645,630$131,720,582
98$184,606,720$10,005,125$2,584,359$144,862,735
99$203,281,985$10,340,755$2,516,314$159,336,840
100$223,857,255$10,687,960$2,441,119$175,278,508