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

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$174,242$172,690$171,176$169,698$168,254$161,963
2 years$86,258$84,652$83,095$81,585$80,121$73,854
3 years$56,934$55,321$53,768$52,273$50,832$44,787
4 years$42,275$40,667$39,129$37,659$36,254$30,477
5 years$33,482$31,883$30,366$28,926$27,560$22,066
6 years$27,622$26,035$24,540$23,132$21,807$16,601
7 years$23,438$21,864$20,393$19,018$17,735$12,814
8 years$20,301$18,742$17,295$15,954$14,713$10,073
9 years$17,862$16,318$14,896$13,589$12,390$8,025
10 years$15,913$14,383$12,987$11,714$10,557$6,459
11 years$14,319$12,805$11,433$10,195$9,080$5,239
12 years$12,991$11,493$10,147$8,942$7,868$4,275
13 years$11,869$10,386$9,065$7,895$6,861$3,506
14 years$10,908$9,441$8,145$7,008$6,014$2,886
15 years$10,076$8,624$7,354$6,250$5,296$2,384
16 years$9,348$7,913$6,668$5,596$4,680$1,974
17 years$8,707$7,287$6,067$5,028$4,150$1,638
18 years$8,137$6,734$5,539$4,531$3,690$1,361
19 years$7,629$6,241$5,070$4,094$3,289$1,133
20 years$7,171$5,799$4,653$3,708$2,938$944
21 years$6,758$5,402$4,280$3,365$2,629$788
22 years$6,383$5,042$3,945$3,060$2,356$658
23 years$6,041$4,716$3,642$2,787$2,115$549
24 years$5,728$4,419$3,369$2,542$1,901$459
25 years$5,440$4,147$3,120$2,321$1,711$384
26 years$5,175$3,897$2,894$2,122$1,541$321
27 years$4,930$3,668$2,687$1,943$1,389$269
28 years$4,703$3,456$2,498$1,780$1,254$225
29 years$4,492$3,260$2,324$1,632$1,132$188
30 years$4,295$3,079$2,165$1,498$1,023$158
31 years$4,111$2,911$2,019$1,376$925$132
32 years$3,940$2,754$1,883$1,264$837$111
33 years$3,779$2,608$1,758$1,163$757$93
34 years$3,627$2,472$1,643$1,070$685$78
35 years$3,485$2,345$1,536$985$621$65
36 years$3,351$2,225$1,437$907$562$55
37 years$3,225$2,114$1,345$836$510$46
38 years$3,105$2,009$1,260$770$462$38
39 years$2,992$1,910$1,180$710$419$32
40 years$2,885$1,817$1,106$655$380$27
41 years$2,783$1,730$1,037$604$345$23
42 years$2,686$1,647$973$558$313$19
43 years$2,594$1,570$913$515$284$16
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$7
49 years$2,126$1,184$627$320$159$5
50 years$2,060$1,131$590$296$145$5

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 $3,267 every year, while hoping to spend $42,424 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: 58/26/16 Blend
49$2,110,000$2,110,000$2,110,000$2,110,000
50$2,328,590$2,216,760$2,184,055$2,453,836
51$2,520,967$2,280,242$2,212,082$2,602,492
52$2,731,545$2,345,414$2,239,626$2,759,524
53$2,962,136$2,412,311$2,266,626$2,929,732
54$3,214,733$2,480,975$2,293,018$3,114,391
55$3,491,535$2,551,442$2,318,733$3,314,904
56$3,794,961$2,623,752$2,343,700$3,532,816
57$4,127,677$2,697,945$2,367,844$3,769,831
58$4,492,616$2,774,061$2,391,083$4,027,820
59$4,893,013$2,852,140$2,413,334$4,308,849
60$5,332,428$2,932,222$2,434,509$4,615,190
61$5,814,784$3,014,349$2,454,513$4,949,344
62$6,344,401$3,098,561$2,473,248$5,314,070
63$6,926,039$3,184,900$2,490,611$5,712,404
64$7,564,941$3,273,406$2,506,492$6,147,689
65$8,266,883$3,364,121$2,520,778$6,623,611
66$9,038,228$3,457,086$2,533,347$7,144,227
67$9,885,987$3,552,343$2,544,074$7,714,009
68$10,817,881$3,649,931$2,552,824$8,337,882
69$11,842,419$3,749,892$2,559,458$9,021,273
70$12,968,976$3,852,267$2,563,830$9,770,159
71$14,207,878$3,957,095$2,565,784$10,591,128
72$15,570,504$4,064,415$2,565,161$11,491,436
73$17,069,391$4,174,267$2,561,789$12,479,079
74$18,718,352$4,286,688$2,555,492$13,562,866
75$20,532,604$4,401,717$2,546,081$14,752,505
76$22,528,918$4,519,388$2,533,363$16,058,690
77$24,725,768$4,639,739$2,517,131$17,493,208
78$27,143,511$4,762,801$2,497,170$19,069,042
79$29,804,580$4,888,609$2,473,256$20,800,503
80$32,733,690$5,017,193$2,445,152$22,703,357
81$35,958,073$5,148,583$2,412,612$24,794,979
82$39,507,738$5,282,805$2,375,376$27,094,512
83$43,415,751$5,419,886$2,333,174$29,623,053
84$47,718,544$5,559,847$2,285,723$32,403,849
85$52,456,266$5,702,710$2,232,724$35,462,518
86$57,673,153$5,848,491$2,173,869$38,827,287
87$63,417,954$5,997,206$2,108,833$42,529,265
88$69,744,381$6,148,865$2,037,275$46,602,731
89$76,711,625$6,303,476$1,958,840$51,085,459
90$84,384,906$6,461,043$1,873,157$56,019,077
91$92,836,097$6,621,564$1,779,838$61,449,457
92$102,144,393$6,785,034$1,678,476$67,427,151
93$112,397,063$6,951,443$1,568,648$74,007,865
94$123,690,276$7,120,776$1,449,910$81,252,988
95$136,130,000$7,293,011$1,321,798$89,230,170
96$149,833,011$7,468,119$1,183,829$98,013,961
97$164,927,988$7,646,067$1,035,497$107,686,515
98$181,556,732$7,826,812$876,275$118,338,368
99$199,875,498$8,010,306$705,610$130,069,288
100$220,056,479$8,196,491$522,928$142,989,221