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%13.1%
1 years$173,416$171,871$170,364$168,893$167,457$165,296
2 years$85,850$84,251$82,701$81,199$79,741$77,567
3 years$56,665$55,059$53,513$52,025$50,591$48,472
4 years$42,075$40,474$38,944$37,481$36,082$34,033
5 years$33,323$31,732$30,222$28,789$27,429$25,457
6 years$27,491$25,912$24,424$23,023$21,704$19,811
7 years$23,327$21,761$20,296$18,928$17,651$15,838
8 years$20,205$18,653$17,213$15,878$14,643$12,910
9 years$17,778$16,241$14,825$13,525$12,332$10,677
10 years$15,837$14,315$12,925$11,659$10,507$8,930
11 years$14,251$12,744$11,379$10,146$9,037$7,536
12 years$12,930$11,438$10,099$8,900$7,831$6,405
13 years$11,813$10,337$9,023$7,857$6,829$5,476
14 years$10,856$9,396$8,107$6,975$5,986$4,704
15 years$10,028$8,583$7,319$6,220$5,271$4,057
16 years$9,304$7,875$6,636$5,570$4,658$3,511
17 years$8,666$7,253$6,039$5,004$4,130$3,047
18 years$8,099$6,702$5,512$4,510$3,672$2,651
19 years$7,592$6,211$5,046$4,075$3,273$2,311
20 years$7,137$5,772$4,631$3,691$2,924$2,018
21 years$6,726$5,376$4,260$3,350$2,616$1,765
22 years$6,352$5,018$3,926$3,045$2,345$1,546
23 years$6,012$4,694$3,625$2,774$2,105$1,356
24 years$5,700$4,398$3,353$2,530$1,892$1,190
25 years$5,414$4,127$3,105$2,310$1,703$1,046
26 years$5,150$3,879$2,880$2,112$1,534$920
27 years$4,906$3,650$2,674$1,934$1,383$809
28 years$4,680$3,440$2,486$1,772$1,248$712
29 years$4,470$3,245$2,313$1,625$1,127$627
30 years$4,275$3,064$2,155$1,491$1,018$553
31 years$4,092$2,897$2,009$1,369$920$487
32 years$3,921$2,741$1,874$1,258$833$430
33 years$3,761$2,596$1,750$1,157$753$379
34 years$3,610$2,460$1,635$1,065$682$335
35 years$3,469$2,334$1,529$980$618$295
36 years$3,335$2,215$1,430$903$560$261
37 years$3,209$2,104$1,339$832$507$230
38 years$3,090$1,999$1,254$767$460$203
39 years$2,978$1,901$1,174$707$417$180
40 years$2,871$1,809$1,101$652$378$159
41 years$2,770$1,722$1,032$602$343$140
42 years$2,674$1,640$968$555$311$124
43 years$2,582$1,562$909$512$283$109
44 years$2,495$1,489$853$473$257$97
45 years$2,412$1,420$801$437$233$85
46 years$2,333$1,355$752$404$211$75
47 years$2,258$1,293$707$373$192$67
48 years$2,185$1,234$664$345$174$59
49 years$2,116$1,179$624$318$158$52
50 years$2,050$1,126$587$294$144$46

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 $3,732 every year, while hoping to spend $21,691 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: 57/19/24 Blend
49$2,100,000$2,100,000$2,100,000$2,100,000
50$2,318,050$2,206,750$2,174,200$2,434,885
51$2,531,412$2,291,801$2,223,956$2,600,232
52$2,765,809$2,380,293$2,274,653$2,777,734
53$3,023,366$2,472,372$2,326,298$2,970,734
54$3,306,420$2,568,189$2,378,899$3,180,735
55$3,617,548$2,667,903$2,432,465$3,409,387
56$3,959,587$2,771,679$2,487,002$3,658,509
57$4,335,666$2,879,692$2,542,517$3,930,101
58$4,749,229$2,992,122$2,599,017$4,226,365
59$5,204,072$3,109,158$2,656,506$4,549,724
60$5,704,377$3,230,997$2,714,989$4,902,846
61$6,254,753$3,357,845$2,774,470$5,288,668
62$6,860,275$3,489,917$2,834,952$5,710,421
63$7,526,538$3,627,438$2,896,438$6,171,665
64$8,259,705$3,770,643$2,958,929$6,676,318
65$9,066,568$3,919,777$3,022,426$7,228,697
66$9,954,608$4,075,096$3,086,927$7,833,550
67$10,932,070$4,236,868$3,152,432$8,496,111
68$12,008,040$4,405,373$3,218,936$9,222,142
69$13,192,526$4,580,903$3,286,437$10,017,986
70$14,496,560$4,763,763$3,354,929$10,890,632
71$15,932,295$4,954,273$3,424,405$11,847,777
72$17,513,123$5,152,766$3,494,856$12,897,897
73$19,253,801$5,359,591$3,566,274$14,050,328
74$21,170,590$5,575,113$3,638,645$15,315,355
75$23,281,407$5,799,711$3,711,957$16,704,305
76$25,605,998$6,033,784$3,786,195$18,229,656
77$28,166,118$6,277,748$3,861,341$19,905,153
78$30,985,743$6,532,038$3,937,376$21,745,937
79$34,091,289$6,797,108$4,014,279$23,768,688
80$37,511,869$7,073,435$4,092,026$25,991,781
81$41,279,561$7,361,514$4,170,590$28,435,458
82$45,429,714$7,661,867$4,249,942$31,122,020
83$50,001,282$7,975,035$4,330,052$34,076,036
84$55,037,188$8,301,586$4,410,884$37,324,572
85$60,584,733$8,642,116$4,492,401$40,897,450
86$66,696,041$8,997,245$4,574,561$44,827,525
87$73,428,550$9,367,623$4,657,322$49,150,994
88$80,845,554$9,753,929$4,740,635$53,907,738
89$89,016,803$10,156,874$4,824,448$59,141,699
90$98,019,157$10,577,200$4,908,707$64,901,291
91$107,937,314$11,015,686$4,993,351$71,239,855
92$118,864,609$11,473,144$5,078,318$78,216,167
93$130,903,895$11,950,424$5,163,538$85,894,985
94$144,168,515$12,448,417$5,248,939$94,347,663
95$158,783,367$12,968,053$5,334,441$103,652,821
96$174,886,088$13,510,305$5,419,963$113,897,088
97$192,628,351$14,076,193$5,505,414$125,175,917
98$212,177,298$14,666,781$5,590,700$137,594,486
99$233,717,114$15,283,185$5,675,720$151,268,685
100$257,450,769$15,926,571$5,760,367$166,326,216