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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.4%
1 years$173,416$171,871$170,364$168,893$167,457$162,422
2 years$85,850$84,251$82,701$81,199$79,741$74,711
3 years$56,665$55,059$53,513$52,025$50,591$45,723
4 years$42,075$40,474$38,944$37,481$36,082$31,414
5 years$33,323$31,732$30,222$28,789$27,429$22,973
6 years$27,491$25,912$24,424$23,023$21,704$17,464
7 years$23,327$21,761$20,296$18,928$17,651$13,628
8 years$20,205$18,653$17,213$15,878$14,643$10,834
9 years$17,778$16,241$14,825$13,525$12,332$8,732
10 years$15,837$14,315$12,925$11,659$10,507$7,112
11 years$14,251$12,744$11,379$10,146$9,037$5,840
12 years$12,930$11,438$10,099$8,900$7,831$4,827
13 years$11,813$10,337$9,023$7,857$6,829$4,010
14 years$10,856$9,396$8,107$6,975$5,986$3,345
15 years$10,028$8,583$7,319$6,220$5,271$2,800
16 years$9,304$7,875$6,636$5,570$4,658$2,351
17 years$8,666$7,253$6,039$5,004$4,130$1,978
18 years$8,099$6,702$5,512$4,510$3,672$1,667
19 years$7,592$6,211$5,046$4,075$3,273$1,408
20 years$7,137$5,772$4,631$3,691$2,924$1,191
21 years$6,726$5,376$4,260$3,350$2,616$1,008
22 years$6,352$5,018$3,926$3,045$2,345$854
23 years$6,012$4,694$3,625$2,774$2,105$724
24 years$5,700$4,398$3,353$2,530$1,892$614
25 years$5,414$4,127$3,105$2,310$1,703$522
26 years$5,150$3,879$2,880$2,112$1,534$443
27 years$4,906$3,650$2,674$1,934$1,383$377
28 years$4,680$3,440$2,486$1,772$1,248$320
29 years$4,470$3,245$2,313$1,625$1,127$272
30 years$4,275$3,064$2,155$1,491$1,018$232
31 years$4,092$2,897$2,009$1,369$920$197
32 years$3,921$2,741$1,874$1,258$833$168
33 years$3,761$2,596$1,750$1,157$753$143
34 years$3,610$2,460$1,635$1,065$682$121
35 years$3,469$2,334$1,529$980$618$103
36 years$3,335$2,215$1,430$903$560$88
37 years$3,209$2,104$1,339$832$507$75
38 years$3,090$1,999$1,254$767$460$64
39 years$2,978$1,901$1,174$707$417$54
40 years$2,871$1,809$1,101$652$378$46
41 years$2,770$1,722$1,032$602$343$39
42 years$2,674$1,640$968$555$311$34
43 years$2,582$1,562$909$512$283$29
44 years$2,495$1,489$853$473$257$24
45 years$2,412$1,420$801$437$233$21
46 years$2,333$1,355$752$404$211$18
47 years$2,258$1,293$707$373$192$15
48 years$2,185$1,234$664$345$174$13
49 years$2,116$1,179$624$318$158$11
50 years$2,050$1,126$587$294$144$9

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 $6,457 every year, while hoping to spend $36,781 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: 50/20/30 Blend
49$2,100,000$2,100,000$2,100,000$2,100,000
50$2,320,860$2,209,560$2,177,010$2,416,870
51$2,518,453$2,278,694$2,210,806$2,553,971
52$2,734,968$2,349,983$2,244,500$2,698,761
53$2,972,296$2,423,493$2,278,052$2,855,444
54$3,232,520$2,499,293$2,311,416$3,025,168
55$3,517,933$2,577,455$2,344,545$3,209,196
56$3,831,063$2,658,051$2,377,388$3,408,922
57$4,174,693$2,741,157$2,409,892$3,625,877
58$4,551,888$2,826,850$2,441,999$3,861,750
59$4,966,025$2,915,211$2,473,651$4,118,400
60$5,420,825$3,006,321$2,504,784$4,397,874
61$5,920,384$3,100,266$2,535,329$4,702,427
62$6,469,218$3,197,133$2,565,217$5,034,543
63$7,072,298$3,297,013$2,594,372$5,396,957
64$7,735,104$3,399,999$2,622,715$5,792,685
65$8,463,672$3,506,185$2,650,163$6,225,044
66$9,264,650$3,615,672$2,676,627$6,697,694
67$10,145,365$3,728,561$2,702,015$7,214,663
68$11,113,889$3,844,957$2,726,229$7,780,390
69$12,179,113$3,964,967$2,749,165$8,399,766
70$13,350,836$4,088,704$2,770,715$9,078,179
71$14,639,852$4,216,281$2,790,765$9,821,567
72$16,058,056$4,347,818$2,809,195$10,636,470
73$17,618,552$4,483,435$2,825,877$11,530,095
74$19,335,779$4,623,259$2,840,679$12,510,385
75$21,225,648$4,767,418$2,853,462$13,586,089
76$23,305,689$4,916,047$2,864,077$14,766,849
77$25,595,217$5,069,281$2,872,372$16,063,289
78$28,115,516$5,227,262$2,878,183$17,487,116
79$30,890,038$5,390,137$2,881,341$19,051,229
80$33,944,623$5,558,055$2,881,667$20,769,844
81$37,307,746$5,731,171$2,878,974$22,658,624
82$41,010,781$5,909,643$2,873,065$24,734,829
83$45,088,301$6,093,637$2,863,734$27,017,480
84$49,578,404$6,283,320$2,850,764$29,527,536
85$54,523,065$6,478,868$2,833,930$32,288,094
86$59,968,544$6,680,459$2,812,992$35,324,606
87$65,965,812$6,888,277$2,787,704$38,665,119
88$72,571,036$7,102,514$2,757,803$42,340,540
89$79,846,109$7,323,365$2,723,017$46,384,930
90$87,859,234$7,551,031$2,683,060$50,835,821
91$96,685,566$7,785,722$2,637,632$55,734,576
92$106,407,921$8,027,649$2,586,420$61,126,773
93$117,117,559$8,277,035$2,529,096$67,062,643
94$128,915,046$8,534,105$2,465,316$73,597,539
95$141,911,199$8,799,094$2,394,722$80,792,457
96$156,228,134$9,072,242$2,316,938$88,714,619
97$172,000,419$9,353,798$2,231,571$97,438,103
98$189,376,343$9,644,015$2,138,210$107,044,542
99$208,519,315$9,943,157$2,036,425$117,623,897
100$229,609,408$10,251,495$1,925,769$129,275,306