Can I retire at age 50 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$174,242$172,690$171,176$169,698$168,254$161,898
2 years$86,258$84,652$83,095$81,585$80,121$73,791
3 years$56,934$55,321$53,768$52,273$50,832$44,728
4 years$42,275$40,667$39,129$37,659$36,254$30,421
5 years$33,482$31,883$30,366$28,926$27,560$22,014
6 years$27,622$26,035$24,540$23,132$21,807$16,552
7 years$23,438$21,864$20,393$19,018$17,735$12,769
8 years$20,301$18,742$17,295$15,954$14,713$10,032
9 years$17,862$16,318$14,896$13,589$12,390$7,988
10 years$15,913$14,383$12,987$11,714$10,557$6,424
11 years$14,319$12,805$11,433$10,195$9,080$5,207
12 years$12,991$11,493$10,147$8,942$7,868$4,247
13 years$11,869$10,386$9,065$7,895$6,861$3,480
14 years$10,908$9,441$8,145$7,008$6,014$2,863
15 years$10,076$8,624$7,354$6,250$5,296$2,363
16 years$9,348$7,913$6,668$5,596$4,680$1,955
17 years$8,707$7,287$6,067$5,028$4,150$1,621
18 years$8,137$6,734$5,539$4,531$3,690$1,346
19 years$7,629$6,241$5,070$4,094$3,289$1,120
20 years$7,171$5,799$4,653$3,708$2,938$933
21 years$6,758$5,402$4,280$3,365$2,629$777
22 years$6,383$5,042$3,945$3,060$2,356$648
23 years$6,041$4,716$3,642$2,787$2,115$541
24 years$5,728$4,419$3,369$2,542$1,901$452
25 years$5,440$4,147$3,120$2,321$1,711$378
26 years$5,175$3,897$2,894$2,122$1,541$316
27 years$4,930$3,668$2,687$1,943$1,389$264
28 years$4,703$3,456$2,498$1,780$1,254$221
29 years$4,492$3,260$2,324$1,632$1,132$185
30 years$4,295$3,079$2,165$1,498$1,023$155
31 years$4,111$2,911$2,019$1,376$925$129
32 years$3,940$2,754$1,883$1,264$837$108
33 years$3,779$2,608$1,758$1,163$757$91
34 years$3,627$2,472$1,643$1,070$685$76
35 years$3,485$2,345$1,536$985$621$63
36 years$3,351$2,225$1,437$907$562$53
37 years$3,225$2,114$1,345$836$510$45
38 years$3,105$2,009$1,260$770$462$37
39 years$2,992$1,910$1,180$710$419$31
40 years$2,885$1,817$1,106$655$380$26
41 years$2,783$1,730$1,037$604$345$22
42 years$2,686$1,647$973$558$313$18
43 years$2,594$1,570$913$515$284$15
44 years$2,507$1,496$857$475$258$13
45 years$2,424$1,427$805$439$234$11
46 years$2,344$1,361$756$406$212$9
47 years$2,268$1,299$710$375$193$8
48 years$2,196$1,240$667$346$175$6
49 years$2,126$1,184$627$320$159$5
50 years$2,060$1,131$590$296$145$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,110,000, adding $3,298 every year, while hoping to spend $59,740 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: 67/17/16 Blend
49$2,110,000$2,110,000$2,110,000$2,110,000
50$2,328,622$2,216,792$2,184,087$2,475,517
51$2,502,578$2,261,852$2,193,691$2,619,073
52$2,692,276$2,307,117$2,201,614$2,768,681
53$2,899,258$2,352,536$2,207,738$2,930,785
54$3,125,222$2,398,049$2,211,937$3,106,609
55$3,372,036$2,443,595$2,214,078$3,297,498
56$3,641,759$2,489,107$2,214,025$3,504,938
57$3,936,655$2,534,510$2,211,632$3,730,565
58$4,259,219$2,579,726$2,206,747$3,976,180
59$4,612,197$2,624,670$2,199,210$4,243,771
60$4,998,612$2,669,250$2,188,855$4,535,525
61$5,421,796$2,713,368$2,175,506$4,853,855
62$5,885,413$2,756,918$2,158,980$5,201,420
63$6,393,503$2,799,785$2,139,084$5,581,149
64$6,950,513$2,841,847$2,115,616$5,996,270
65$7,561,342$2,882,974$2,088,366$6,450,344
66$8,231,385$2,923,025$2,057,112$6,947,290
67$8,966,584$2,961,851$2,021,622$7,491,434
68$9,773,484$2,999,290$1,981,655$8,087,538
69$10,659,296$3,035,172$1,936,957$8,740,854
70$11,631,961$3,069,313$1,887,263$9,457,170
71$12,700,229$3,101,517$1,832,294$10,242,864
72$13,873,737$3,131,576$1,771,761$11,104,968
73$15,163,103$3,159,268$1,705,359$12,051,232
74$16,580,023$3,184,355$1,632,772$13,090,196
75$18,137,382$3,206,586$1,553,667$14,231,275
76$19,849,378$3,225,691$1,467,697$15,484,847
77$21,731,649$3,241,385$1,374,500$16,862,347
78$23,801,427$3,253,363$1,273,696$18,376,383
79$26,077,698$3,261,302$1,164,889$20,040,847
80$28,581,376$3,264,859$1,047,666$21,871,054
81$31,335,507$3,263,669$921,594$23,883,884
82$34,365,484$3,257,343$786,222$26,097,940
83$37,699,281$3,245,471$641,079$28,533,727
84$41,367,724$3,227,615$485,671$31,213,846
85$45,404,776$3,203,312$319,485$34,163,206
86$49,847,860$3,172,071$141,985$37,409,261
87$54,738,210$3,133,371$0$40,982,272
88$60,121,260$3,086,660$0$44,923,689
89$66,047,075$3,031,352$0$49,288,566
90$72,570,815$2,966,827$0$54,093,256
91$79,753,266$2,892,429$0$59,382,520
92$87,661,404$2,807,463$0$65,205,686
93$96,369,031$2,711,193$0$71,617,112
94$105,957,471$2,602,839$0$78,676,704
95$116,516,333$2,481,579$0$86,450,477
96$128,144,362$2,346,539$0$95,011,181
97$140,950,366$2,196,799$0$104,438,989
98$155,054,244$2,031,382$0$114,822,253
99$170,588,115$1,849,259$0$126,258,337
100$187,697,570$1,649,339$0$138,854,540