Can I retire at age 50 with 2,130,000?

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$175,893$174,327$172,798$171,306$169,849$164,478
2 years$87,076$85,454$83,883$82,359$80,881$75,518
3 years$57,474$55,845$54,278$52,768$51,314$46,128
4 years$42,676$41,052$39,500$38,016$36,598$31,628
5 years$33,799$32,185$30,654$29,200$27,821$23,081
6 years$27,884$26,282$24,773$23,352$22,014$17,508
7 years$23,660$22,071$20,586$19,199$17,903$13,631
8 years$20,493$18,919$17,459$16,105$14,852$10,811
9 years$18,032$16,473$15,037$13,718$12,508$8,692
10 years$16,064$14,520$13,110$11,825$10,657$7,062
11 years$14,455$12,926$11,542$10,291$9,166$5,784
12 years$13,115$11,602$10,243$9,027$7,943$4,768
13 years$11,982$10,485$9,151$7,969$6,926$3,950
14 years$11,011$9,530$8,223$7,074$6,071$3,286
15 years$10,171$8,706$7,424$6,309$5,346$2,743
16 years$9,437$7,988$6,731$5,649$4,725$2,296
17 years$8,789$7,356$6,125$5,076$4,189$1,926
18 years$8,215$6,798$5,591$4,574$3,725$1,619
19 years$7,701$6,300$5,118$4,133$3,320$1,363
20 years$7,239$5,854$4,697$3,743$2,966$1,149
21 years$6,822$5,453$4,321$3,397$2,654$970
22 years$6,443$5,090$3,982$3,089$2,379$819
23 years$6,098$4,761$3,677$2,813$2,135$692
24 years$5,782$4,460$3,400$2,566$1,919$586
25 years$5,491$4,186$3,150$2,343$1,727$496
26 years$5,224$3,934$2,921$2,143$1,556$420
27 years$4,977$3,702$2,712$1,961$1,403$356
28 years$4,747$3,489$2,522$1,797$1,266$301
29 years$4,534$3,291$2,347$1,648$1,143$255
30 years$4,336$3,108$2,186$1,512$1,033$216
31 years$4,150$2,938$2,038$1,389$934$184
32 years$3,977$2,780$1,901$1,276$844$156
33 years$3,815$2,633$1,775$1,174$764$132
34 years$3,662$2,495$1,659$1,080$692$112
35 years$3,518$2,367$1,551$994$627$95
36 years$3,383$2,247$1,451$916$568$81
37 years$3,255$2,134$1,358$844$515$68
38 years$3,135$2,028$1,271$778$467$58
39 years$3,020$1,928$1,191$717$423$49
40 years$2,912$1,835$1,117$661$384$42
41 years$2,809$1,746$1,047$610$348$35
42 years$2,712$1,663$982$563$316$30
43 years$2,619$1,585$922$520$287$26
44 years$2,531$1,510$865$480$260$22
45 years$2,447$1,440$812$443$236$18
46 years$2,366$1,374$763$409$215$16
47 years$2,290$1,311$717$378$195$13
48 years$2,217$1,252$674$350$177$11
49 years$2,147$1,195$633$323$161$10
50 years$2,080$1,142$595$299$146$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,130,000, adding $4,354 every year, while hoping to spend $35,744 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: 77/17/6 Blend
49$2,130,000$2,130,000$2,130,000$2,130,000
50$2,351,751$2,238,861$2,205,846$2,531,196
51$2,553,598$2,310,534$2,241,711$2,721,257
52$2,774,836$2,384,521$2,277,579$2,924,510
53$3,017,404$2,460,897$2,313,412$3,146,291
54$3,283,440$2,539,742$2,349,172$3,388,424
55$3,575,296$2,621,134$2,384,815$3,652,918
56$3,895,566$2,705,159$2,420,295$3,941,984
57$4,247,104$2,791,902$2,455,566$4,258,059
58$4,633,056$2,881,453$2,490,574$4,603,823
59$5,056,886$2,973,903$2,525,268$4,982,230
60$5,522,412$3,069,348$2,559,588$5,396,533
61$6,033,838$3,167,886$2,593,474$5,850,313
62$6,595,796$3,269,618$2,626,861$6,347,514
63$7,213,388$3,374,651$2,659,682$6,892,481
64$7,892,237$3,483,092$2,691,865$7,490,000
65$8,638,535$3,595,053$2,723,332$8,145,341
66$9,459,107$3,710,652$2,754,005$8,864,309
67$10,361,469$3,830,007$2,783,797$9,653,301
68$11,353,904$3,953,243$2,812,620$10,519,361
69$12,445,538$4,080,488$2,840,378$11,470,249
70$13,646,425$4,211,874$2,866,973$12,514,515
71$14,967,643$4,347,538$2,892,299$13,661,577
72$16,421,398$4,487,622$2,916,246$14,921,810
73$18,021,138$4,632,273$2,938,698$16,306,646
74$19,781,681$4,781,642$2,959,531$17,828,676
75$21,719,354$4,935,884$2,978,618$19,501,777
76$23,852,149$5,095,163$2,995,822$21,341,234
77$26,199,887$5,259,645$3,011,001$23,363,888
78$28,784,412$5,429,504$3,024,006$25,588,296
79$31,629,790$5,604,918$3,034,678$28,034,903
80$34,762,542$5,786,072$3,042,854$30,726,234
81$38,211,890$5,973,159$3,048,358$33,687,110
82$42,010,034$6,166,374$3,051,009$36,944,878
83$46,192,455$6,365,924$3,050,615$40,529,669
84$50,798,251$6,572,020$3,046,977$44,474,686
85$55,870,505$6,784,881$3,039,882$48,816,512
86$61,456,689$7,004,734$3,029,111$53,595,457
87$67,609,118$7,231,812$3,014,433$58,855,939
88$74,385,435$7,466,358$2,995,603$64,646,899
89$81,849,163$7,708,622$2,972,369$71,022,268
90$90,070,297$7,958,865$2,944,464$78,041,471
91$99,125,972$8,217,354$2,911,608$85,769,989
92$109,101,184$8,484,366$2,873,509$94,279,977
93$120,089,594$8,760,190$2,829,861$103,650,944
94$132,194,415$9,045,122$2,780,344$113,970,502
95$145,529,382$9,339,470$2,724,623$125,335,195
96$160,219,827$9,643,551$2,662,345$137,851,406
97$176,403,860$9,957,696$2,593,144$151,636,365
98$194,233,675$10,282,244$2,516,635$166,819,252
99$213,876,984$10,617,549$2,432,418$183,542,416
100$235,518,603$10,963,975$2,340,070$201,962,719