Can I retire at age 50 with 2,050,000?

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 $2,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$169,287$167,779$166,308$164,872$163,470$160,038
2 years$83,805$82,245$80,732$79,265$77,843$74,402
3 years$55,315$53,748$52,239$50,786$49,387$46,044
4 years$41,073$39,510$38,017$36,589$35,223$32,004
5 years$32,530$30,977$29,502$28,104$26,776$23,689
6 years$26,836$25,295$23,842$22,475$21,187$18,236
7 years$22,771$21,242$19,813$18,478$17,231$14,417
8 years$19,724$18,209$16,803$15,500$14,294$11,616
9 years$17,355$15,854$14,472$13,203$12,038$9,494
10 years$15,460$13,974$12,617$11,381$10,257$7,844
11 years$13,912$12,441$11,108$9,905$8,821$6,536
12 years$12,622$11,166$9,858$8,688$7,644$5,484
13 years$11,532$10,091$8,808$7,670$6,666$4,627
14 years$10,598$9,172$7,914$6,809$5,843$3,922
15 years$9,789$8,379$7,145$6,072$5,145$3,336
16 years$9,082$7,688$6,478$5,437$4,547$2,847
17 years$8,459$7,080$5,895$4,885$4,032$2,436
18 years$7,906$6,542$5,381$4,402$3,585$2,089
19 years$7,412$6,063$4,926$3,978$3,195$1,794
20 years$6,967$5,634$4,521$3,603$2,854$1,544
21 years$6,566$5,248$4,158$3,270$2,554$1,330
22 years$6,201$4,899$3,833$2,973$2,289$1,147
23 years$5,869$4,582$3,539$2,708$2,055$991
24 years$5,565$4,293$3,273$2,469$1,847$856
25 years$5,285$4,029$3,031$2,255$1,662$740
26 years$5,028$3,786$2,811$2,062$1,497$641
27 years$4,790$3,563$2,611$1,887$1,350$555
28 years$4,569$3,358$2,427$1,729$1,218$480
29 years$4,364$3,168$2,258$1,586$1,100$416
30 years$4,173$2,992$2,104$1,455$994$361
31 years$3,995$2,828$1,961$1,337$898$313
32 years$3,828$2,676$1,830$1,228$813$271
33 years$3,671$2,534$1,708$1,130$736$235
34 years$3,524$2,402$1,596$1,039$666$204
35 years$3,386$2,278$1,492$957$603$177
36 years$3,256$2,162$1,396$881$546$154
37 years$3,133$2,054$1,307$812$495$134
38 years$3,017$1,952$1,224$748$449$116
39 years$2,907$1,856$1,146$690$407$101
40 years$2,803$1,766$1,075$636$369$87
41 years$2,704$1,681$1,008$587$335$76
42 years$2,610$1,601$945$542$304$66
43 years$2,521$1,525$887$500$276$57
44 years$2,436$1,454$833$462$250$50
45 years$2,355$1,386$782$427$227$43
46 years$2,277$1,322$734$394$206$38
47 years$2,204$1,262$690$364$187$33
48 years$2,133$1,205$648$336$170$28
49 years$2,066$1,150$609$311$155$25
50 years$2,002$1,099$573$287$140$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,050,000, adding $3,972 every year, while hoping to spend $27,764 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: 57/37/6 Blend
49$2,050,000$2,050,000$2,050,000$2,050,000
50$2,263,197$2,154,547$2,122,772$2,389,161
51$2,464,503$2,230,579$2,164,344$2,550,331
52$2,685,411$2,309,406$2,206,379$2,722,367
53$2,927,891$2,391,136$2,248,861$2,909,110
54$3,194,115$2,475,881$2,291,777$3,111,966
55$3,486,473$2,563,757$2,335,109$3,332,482
56$3,807,597$2,654,885$2,378,839$3,572,357
57$4,160,389$2,749,392$2,422,948$3,833,461
58$4,548,046$2,847,409$2,467,414$4,117,852
59$4,974,087$2,949,072$2,512,212$4,427,792
60$5,442,392$3,054,525$2,557,320$4,765,773
61$5,957,234$3,163,914$2,602,708$5,134,534
62$6,523,320$3,277,395$2,648,347$5,537,090
63$7,145,839$3,395,127$2,694,207$5,976,761
64$7,830,505$3,517,279$2,740,253$6,457,198
65$8,583,614$3,644,023$2,786,449$6,982,423
66$9,412,103$3,775,541$2,832,756$7,556,860
67$10,323,617$3,912,021$2,879,132$8,185,383
68$11,326,576$4,053,661$2,925,534$8,873,353
69$12,430,262$4,200,665$2,971,913$9,626,678
70$13,644,896$4,353,245$3,018,221$10,451,859
71$14,981,746$4,511,625$3,064,401$11,356,054
72$16,453,225$4,676,035$3,110,399$12,347,149
73$18,073,009$4,846,716$3,156,153$13,433,824
74$19,856,170$5,023,920$3,201,599$14,625,639
75$21,819,315$5,207,907$3,246,668$15,933,123
76$23,980,742$5,398,951$3,291,288$17,367,872
77$26,360,614$5,597,336$3,335,382$18,942,657
78$28,981,149$5,803,358$3,378,870$20,671,542
79$31,866,828$6,017,324$3,421,664$22,570,022
80$35,044,629$6,239,558$3,463,674$24,655,160
81$38,544,279$6,470,394$3,504,805$26,945,753
82$42,398,533$6,710,181$3,544,954$29,462,508
83$46,643,487$6,959,284$3,584,014$32,228,230
84$51,318,917$7,218,082$3,621,872$35,268,046
85$56,468,651$7,486,973$3,658,409$38,609,633
86$62,140,986$7,766,367$3,693,498$42,283,480
87$68,389,144$8,056,697$3,727,009$46,323,178
88$75,271,773$8,358,411$3,758,799$50,765,730
89$82,853,498$8,671,978$3,788,723$55,651,905
90$91,205,536$8,997,885$3,816,626$61,026,615
91$100,406,362$9,336,643$3,842,345$66,939,343
92$110,542,455$9,688,783$3,865,707$73,444,605
93$121,709,111$10,054,859$3,886,534$80,602,464
94$134,011,342$10,435,449$3,904,635$88,479,096
95$147,564,870$10,831,157$3,919,811$97,147,413
96$162,497,215$11,242,612$3,931,853$106,687,747
97$178,948,903$11,670,472$3,940,542$117,188,608
98$197,074,787$12,115,421$3,945,646$128,747,519
99$217,045,514$12,578,175$3,946,924$141,471,932
100$239,049,132$13,059,481$3,944,122$155,480,243