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

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$175,893$174,327$172,798$171,306$169,849$163,888
2 years$87,076$85,454$83,883$82,359$80,881$74,937
3 years$57,474$55,845$54,278$52,768$51,314$45,575
4 years$42,676$41,052$39,500$38,016$36,598$31,108
5 years$33,799$32,185$30,654$29,200$27,821$22,594
6 years$27,884$26,282$24,773$23,352$22,014$17,054
7 years$23,660$22,071$20,586$19,199$17,903$13,209
8 years$20,493$18,919$17,459$16,105$14,852$10,421
9 years$18,032$16,473$15,037$13,718$12,508$8,333
10 years$16,064$14,520$13,110$11,825$10,657$6,732
11 years$14,455$12,926$11,542$10,291$9,166$5,481
12 years$13,115$11,602$10,243$9,027$7,943$4,491
13 years$11,982$10,485$9,151$7,969$6,926$3,698
14 years$11,011$9,530$8,223$7,074$6,071$3,058
15 years$10,171$8,706$7,424$6,309$5,346$2,536
16 years$9,437$7,988$6,731$5,649$4,725$2,109
17 years$8,789$7,356$6,125$5,076$4,189$1,758
18 years$8,215$6,798$5,591$4,574$3,725$1,468
19 years$7,701$6,300$5,118$4,133$3,320$1,227
20 years$7,239$5,854$4,697$3,743$2,966$1,027
21 years$6,822$5,453$4,321$3,397$2,654$861
22 years$6,443$5,090$3,982$3,089$2,379$722
23 years$6,098$4,761$3,677$2,813$2,135$606
24 years$5,782$4,460$3,400$2,566$1,919$509
25 years$5,491$4,186$3,150$2,343$1,727$428
26 years$5,224$3,934$2,921$2,143$1,556$360
27 years$4,977$3,702$2,712$1,961$1,403$302
28 years$4,747$3,489$2,522$1,797$1,266$254
29 years$4,534$3,291$2,347$1,648$1,143$214
30 years$4,336$3,108$2,186$1,512$1,033$180
31 years$4,150$2,938$2,038$1,389$934$152
32 years$3,977$2,780$1,901$1,276$844$128
33 years$3,815$2,633$1,775$1,174$764$107
34 years$3,662$2,495$1,659$1,080$692$90
35 years$3,518$2,367$1,551$994$627$76
36 years$3,383$2,247$1,451$916$568$64
37 years$3,255$2,134$1,358$844$515$54
38 years$3,135$2,028$1,271$778$467$45
39 years$3,020$1,928$1,191$717$423$38
40 years$2,912$1,835$1,117$661$384$32
41 years$2,809$1,746$1,047$610$348$27
42 years$2,712$1,663$982$563$316$23
43 years$2,619$1,585$922$520$287$19
44 years$2,531$1,510$865$480$260$16
45 years$2,447$1,440$812$443$236$14
46 years$2,366$1,374$763$409$215$12
47 years$2,290$1,311$717$378$195$10
48 years$2,217$1,252$674$350$177$8
49 years$2,147$1,195$633$323$161$7
50 years$2,080$1,142$595$299$146$6

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 $4,628 every year, while hoping to spend $58,683 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: 75/19/6 Blend
49$2,130,000$2,130,000$2,130,000$2,130,000
50$2,352,034$2,239,144$2,206,129$2,526,622
51$2,529,503$2,286,424$2,217,596$2,689,338
52$2,723,107$2,334,053$2,227,480$2,859,630
53$2,934,430$2,381,988$2,235,667$3,044,529
54$3,165,216$2,430,179$2,242,035$3,245,456
55$3,417,383$2,478,573$2,246,458$3,463,982
56$3,693,044$2,527,111$2,248,803$3,701,831
57$3,994,526$2,575,731$2,248,930$3,960,906
58$4,324,390$2,624,365$2,246,691$4,243,301
59$4,685,457$2,672,937$2,241,934$4,551,323
60$5,080,832$2,721,369$2,234,497$4,887,514
61$5,513,935$2,769,575$2,224,211$5,254,672
62$5,988,532$2,817,460$2,210,899$5,655,881
63$6,508,773$2,864,925$2,194,373$6,094,537
64$7,079,223$2,911,863$2,174,441$6,574,385
65$7,704,917$2,958,157$2,150,897$7,099,546
66$8,391,395$3,003,683$2,123,529$7,674,563
67$9,144,762$3,048,308$2,092,112$8,304,442
68$9,971,742$3,091,889$2,056,412$8,994,697
69$10,879,741$3,134,274$2,016,183$9,751,404
70$11,876,919$3,175,298$1,971,170$10,581,259
71$12,972,264$3,214,786$1,921,103$11,491,639
72$14,175,677$3,252,553$1,865,702$12,490,673
73$15,498,066$3,288,397$1,804,673$13,587,318
74$16,951,447$3,322,107$1,737,708$14,791,446
75$18,549,059$3,353,455$1,664,486$16,113,932
76$20,305,488$3,382,199$1,584,670$17,566,763
77$22,236,801$3,408,080$1,497,911$19,163,147
78$24,360,703$3,430,825$1,403,839$20,917,639
79$26,696,700$3,450,140$1,302,073$22,846,278
80$29,266,281$3,465,715$1,192,210$24,966,740
81$32,093,124$3,477,217$1,073,832$27,298,503
82$35,203,319$3,484,297$946,501$29,863,032
83$38,625,609$3,486,579$809,760$32,683,983
84$42,391,667$3,483,668$663,133$35,787,423
85$46,536,390$3,475,140$506,121$39,202,081
86$51,098,228$3,460,548$338,203$42,959,615
87$56,119,551$3,439,419$158,836$47,094,916
88$61,647,042$3,411,247$0$51,646,432
89$67,732,140$3,375,498$0$56,658,621
90$74,431,527$3,331,606$0$62,187,081
91$81,807,659$3,278,971$0$68,273,134
92$89,929,356$3,216,956$0$74,973,532
93$98,872,452$3,144,889$0$82,350,818
94$108,720,508$3,062,054$0$90,473,913
95$119,565,602$2,967,697$0$99,418,770
96$131,509,197$2,861,018$0$109,269,088
97$144,663,098$2,741,171$0$120,117,105
98$159,150,506$2,607,260$0$132,064,469
99$175,107,180$2,458,338$0$145,223,196
100$192,682,719$2,293,403$0$159,716,732