Can I retire at age 50 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$173,416$171,871$170,364$168,893$167,457$160,813
2 years$85,850$84,251$82,701$81,199$79,741$73,130
3 years$56,665$55,059$53,513$52,025$50,591$44,221
4 years$42,075$40,474$38,944$37,481$36,082$30,001
5 years$33,323$31,732$30,222$28,789$27,429$21,653
6 years$27,491$25,912$24,424$23,023$21,704$16,236
7 years$23,327$21,761$20,296$18,928$17,651$12,489
8 years$20,205$18,653$17,213$15,878$14,643$9,783
9 years$17,778$16,241$14,825$13,525$12,332$7,765
10 years$15,837$14,315$12,925$11,659$10,507$6,226
11 years$14,251$12,744$11,379$10,146$9,037$5,030
12 years$12,930$11,438$10,099$8,900$7,831$4,088
13 years$11,813$10,337$9,023$7,857$6,829$3,339
14 years$10,856$9,396$8,107$6,975$5,986$2,737
15 years$10,028$8,583$7,319$6,220$5,271$2,251
16 years$9,304$7,875$6,636$5,570$4,658$1,856
17 years$8,666$7,253$6,039$5,004$4,130$1,533
18 years$8,099$6,702$5,512$4,510$3,672$1,269
19 years$7,592$6,211$5,046$4,075$3,273$1,051
20 years$7,137$5,772$4,631$3,691$2,924$872
21 years$6,726$5,376$4,260$3,350$2,616$724
22 years$6,352$5,018$3,926$3,045$2,345$602
23 years$6,012$4,694$3,625$2,774$2,105$500
24 years$5,700$4,398$3,353$2,530$1,892$416
25 years$5,414$4,127$3,105$2,310$1,703$346
26 years$5,150$3,879$2,880$2,112$1,534$288
27 years$4,906$3,650$2,674$1,934$1,383$240
28 years$4,680$3,440$2,486$1,772$1,248$200
29 years$4,470$3,245$2,313$1,625$1,127$167
30 years$4,275$3,064$2,155$1,491$1,018$139
31 years$4,092$2,897$2,009$1,369$920$116
32 years$3,921$2,741$1,874$1,258$833$96
33 years$3,761$2,596$1,750$1,157$753$80
34 years$3,610$2,460$1,635$1,065$682$67
35 years$3,469$2,334$1,529$980$618$56
36 years$3,335$2,215$1,430$903$560$47
37 years$3,209$2,104$1,339$832$507$39
38 years$3,090$1,999$1,254$767$460$32
39 years$2,978$1,901$1,174$707$417$27
40 years$2,871$1,809$1,101$652$378$23
41 years$2,770$1,722$1,032$602$343$19
42 years$2,674$1,640$968$555$311$16
43 years$2,582$1,562$909$512$283$13
44 years$2,495$1,489$853$473$257$11
45 years$2,412$1,420$801$437$233$9
46 years$2,333$1,355$752$404$211$8
47 years$2,258$1,293$707$373$192$6
48 years$2,185$1,234$664$345$174$5
49 years$2,116$1,179$624$318$158$4
50 years$2,050$1,126$587$294$144$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,100,000, adding $5,965 every year, while hoping to spend $46,018 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: 30/46/24 Blend
49$2,100,000$2,100,000$2,100,000$2,100,000
50$2,320,353$2,209,053$2,176,503$2,372,548
51$2,508,066$2,268,334$2,200,453$2,472,524
52$2,713,384$2,328,977$2,223,663$2,575,516
53$2,938,053$2,391,001$2,246,060$2,685,374
54$3,183,997$2,454,423$2,267,566$2,802,721
55$3,453,335$2,519,260$2,288,099$2,928,247
56$3,748,399$2,585,528$2,307,575$3,062,710
57$4,071,759$2,653,242$2,325,902$3,206,944
58$4,426,244$2,722,416$2,342,985$3,361,867
59$4,814,970$2,793,063$2,358,724$3,528,491
60$5,241,370$2,865,196$2,373,014$3,707,931
61$5,709,223$2,938,824$2,385,743$3,901,414
62$6,222,694$3,013,957$2,396,796$4,110,292
63$6,786,370$3,090,601$2,406,049$4,336,055
64$7,405,303$3,168,764$2,413,375$4,580,345
65$8,085,058$3,248,449$2,418,638$4,844,970
66$8,831,768$3,329,657$2,421,697$5,131,923
67$9,652,187$3,412,388$2,422,402$5,443,400
68$10,553,755$3,496,640$2,420,597$5,781,820
69$11,544,670$3,582,407$2,416,119$6,149,852
70$12,633,963$3,669,682$2,408,795$6,550,434
71$13,831,583$3,758,452$2,398,446$6,986,805
72$15,148,492$3,848,704$2,384,882$7,462,537
73$16,596,769$3,940,421$2,367,906$7,981,564
74$18,189,718$4,033,580$2,347,309$8,548,224
75$19,942,000$4,128,157$2,322,875$9,167,298
76$21,869,768$4,224,121$2,294,376$9,844,054
77$23,990,820$4,321,438$2,261,573$10,584,302
78$26,324,765$4,420,070$2,224,217$11,394,443
79$28,893,209$4,519,971$2,182,046$12,281,535
80$31,719,958$4,621,092$2,134,787$13,253,356
81$34,831,245$4,723,376$2,082,153$14,318,480
82$38,255,972$4,826,762$2,023,845$15,486,359
83$42,025,988$4,931,180$1,959,551$16,767,411
84$46,176,384$5,036,553$1,888,941$18,173,120
85$50,745,829$5,142,797$1,811,674$19,716,143
86$55,776,930$5,249,821$1,727,392$21,410,433
87$61,316,636$5,357,522$1,635,719$23,271,371
88$67,416,682$5,465,789$1,536,264$25,315,909
89$74,134,074$5,574,503$1,428,619$27,562,735
90$81,531,627$5,683,532$1,312,356$30,032,445
91$89,678,562$5,792,733$1,187,029$32,747,746
92$98,651,151$5,901,953$1,052,170$35,733,663
93$108,533,443$6,011,024$907,292$39,017,781
94$119,418,055$6,119,765$751,888$42,630,506
95$131,407,045$6,227,982$585,425$46,605,353
96$144,612,875$6,335,464$407,348$50,979,265
97$159,159,473$6,441,986$217,078$55,792,957
98$175,183,400$6,547,304$14,011$61,091,312
99$192,835,142$6,651,157$0$66,923,797
100$212,280,527$6,753,265$0$73,396,844