Can I retire at age 50 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$172,590$171,053$169,553$168,089$166,660$160,746
2 years$85,441$83,849$82,307$80,812$79,362$73,467
3 years$56,395$54,797$53,258$51,777$50,350$44,660
4 years$41,874$40,281$38,758$37,302$35,910$30,467
5 years$33,165$31,581$30,078$28,652$27,298$22,117
6 years$27,360$25,788$24,308$22,913$21,600$16,685
7 years$23,215$21,657$20,200$18,838$17,567$12,916
8 years$20,108$18,564$17,131$15,803$14,573$10,183
9 years$17,693$16,163$14,755$13,461$12,273$8,138
10 years$15,762$14,247$12,864$11,603$10,457$6,570
11 years$14,183$12,683$11,325$10,098$8,993$5,346
12 years$12,868$11,384$10,051$8,857$7,794$4,378
13 years$11,757$10,288$8,980$7,820$6,796$3,602
14 years$10,804$9,351$8,068$6,942$5,957$2,976
15 years$9,980$8,543$7,284$6,191$5,245$2,467
16 years$9,259$7,838$6,604$5,543$4,636$2,050
17 years$8,624$7,218$6,010$4,980$4,111$1,707
18 years$8,060$6,670$5,486$4,488$3,655$1,424
19 years$7,556$6,182$5,022$4,056$3,258$1,190
20 years$7,103$5,744$4,609$3,673$2,910$996
21 years$6,694$5,351$4,240$3,334$2,604$834
22 years$6,322$4,995$3,907$3,031$2,334$699
23 years$5,983$4,671$3,608$2,760$2,095$586
24 years$5,673$4,377$3,337$2,518$1,883$492
25 years$5,388$4,107$3,090$2,299$1,695$413
26 years$5,126$3,860$2,866$2,102$1,526$347
27 years$4,883$3,633$2,662$1,924$1,376$291
28 years$4,658$3,423$2,474$1,763$1,242$245
29 years$4,449$3,229$2,302$1,617$1,121$206
30 years$4,254$3,050$2,145$1,484$1,013$173
31 years$4,072$2,883$1,999$1,363$916$146
32 years$3,902$2,728$1,865$1,252$829$122
33 years$3,743$2,584$1,742$1,152$750$103
34 years$3,593$2,449$1,627$1,060$679$87
35 years$3,452$2,322$1,522$975$615$73
36 years$3,319$2,204$1,423$898$557$61
37 years$3,194$2,094$1,332$828$505$52
38 years$3,076$1,990$1,248$763$458$43
39 years$2,964$1,892$1,169$703$415$37
40 years$2,857$1,800$1,096$649$377$31
41 years$2,757$1,714$1,027$599$342$26
42 years$2,661$1,632$964$552$310$22
43 years$2,570$1,555$904$510$281$18
44 years$2,483$1,482$849$471$255$15
45 years$2,401$1,413$797$435$232$13
46 years$2,322$1,348$749$402$210$11
47 years$2,247$1,287$703$371$191$9
48 years$2,175$1,228$661$343$174$8
49 years$2,106$1,173$621$317$158$7
50 years$2,041$1,120$584$293$143$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,090,000, adding $6,525 every year, while hoping to spend $57,626 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: 58/18/24 Blend
49$2,090,000$2,090,000$2,090,000$2,090,000
50$2,309,911$2,199,141$2,166,746$2,428,572
51$2,484,208$2,245,585$2,178,018$2,556,714
52$2,674,352$2,292,373$2,187,736$2,689,639
53$2,881,899$2,339,463$2,195,788$2,833,334
54$3,108,560$2,386,804$2,202,055$2,988,857
55$3,356,221$2,434,346$2,206,412$3,157,371
56$3,626,958$2,482,030$2,208,729$3,340,159
57$3,923,054$2,529,796$2,208,867$3,538,637
58$4,247,025$2,577,576$2,206,684$3,754,363
59$4,601,642$2,625,297$2,202,028$3,989,059
60$4,989,954$2,672,882$2,194,741$4,244,618
61$5,415,321$2,720,245$2,184,657$4,523,131
62$5,881,442$2,767,295$2,171,601$4,826,903
63$6,392,391$2,813,934$2,155,391$5,158,473
64$6,952,654$2,860,056$2,135,836$5,520,642
65$7,567,173$2,905,547$2,112,735$5,916,498
66$8,241,392$2,950,286$2,085,879$6,349,445
67$8,981,306$2,994,142$2,055,048$6,823,235
68$9,793,519$3,036,975$2,020,011$7,342,007
69$10,685,305$3,078,634$1,980,529$7,910,323
70$11,664,678$3,118,959$1,936,349$8,533,212
71$12,740,465$3,157,778$1,887,207$9,216,217
72$13,922,392$3,194,908$1,832,827$9,965,453
73$15,221,170$3,230,153$1,772,922$10,787,658
74$16,648,603$3,263,304$1,707,188$11,690,261
75$18,217,693$3,294,138$1,635,311$12,681,454
76$19,942,764$3,322,417$1,556,960$13,770,265
77$21,839,599$3,347,888$1,471,791$14,966,649
78$23,925,584$3,370,282$1,379,443$16,281,579
79$26,219,879$3,389,310$1,279,539$17,727,152
80$28,743,589$3,404,669$1,171,686$19,316,704
81$31,519,969$3,416,032$1,055,472$21,064,936
82$34,574,643$3,423,055$930,467$22,988,054
83$37,935,843$3,425,371$796,224$25,103,922
84$41,634,674$3,422,589$652,273$27,432,232
85$45,705,412$3,414,297$498,125$29,994,693
86$50,185,821$3,400,054$333,269$32,815,232
87$55,117,513$3,379,395$157,171$35,920,227
88$60,546,338$3,351,825$0$39,338,752
89$66,522,820$3,316,819$0$43,110,733
90$73,102,626$3,273,822$0$47,307,084
91$80,347,098$3,222,244$0$51,926,608
92$88,323,829$3,161,461$0$57,012,390
93$97,107,299$3,090,811$0$62,611,907
94$106,779,576$3,009,594$0$68,777,482
95$117,431,098$2,917,069$0$75,566,777
96$129,161,514$2,812,449$0$83,043,336
97$142,080,635$2,694,906$0$91,277,185
98$156,309,463$2,563,560$0$100,345,498
99$171,981,334$2,417,480$0$110,333,321
100$189,243,178$2,255,684$0$121,334,379