Can I retire at age 50 with 2,140,000?

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 $2,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$176,719$175,145$173,609$172,110$170,647$167,133
2 years$87,485$85,855$84,276$82,745$81,260$77,736
3 years$57,744$56,107$54,532$53,016$51,555$48,130
4 years$42,876$41,245$39,686$38,195$36,769$33,471
5 years$33,958$32,337$30,798$29,337$27,951$24,788
6 years$28,015$26,405$24,889$23,461$22,117$19,093
7 years$23,771$22,175$20,683$19,289$17,987$15,102
8 years$20,590$19,008$17,541$16,181$14,922$12,176
9 years$18,116$16,550$15,108$13,783$12,567$9,957
10 years$16,139$14,588$13,171$11,881$10,707$8,232
11 years$14,522$12,987$11,596$10,340$9,209$6,864
12 years$13,176$11,656$10,291$9,069$7,980$5,763
13 years$12,038$10,534$9,194$8,007$6,959$4,865
14 years$11,063$9,575$8,261$7,108$6,100$4,126
15 years$10,219$8,747$7,459$6,339$5,371$3,513
16 years$9,481$8,025$6,762$5,676$4,747$3,000
17 years$8,831$7,391$6,154$5,100$4,209$2,568
18 years$8,253$6,829$5,617$4,596$3,742$2,204
19 years$7,737$6,330$5,142$4,153$3,336$1,895
20 years$7,273$5,882$4,719$3,761$2,979$1,631
21 years$6,854$5,479$4,341$3,413$2,666$1,407
22 years$6,473$5,114$4,001$3,104$2,390$1,214
23 years$6,127$4,783$3,694$2,826$2,145$1,049
24 years$5,809$4,481$3,416$2,578$1,928$908
25 years$5,517$4,206$3,164$2,354$1,735$785
26 years$5,248$3,953$2,935$2,153$1,563$680
27 years$5,000$3,720$2,725$1,970$1,409$589
28 years$4,770$3,505$2,533$1,805$1,271$511
29 years$4,556$3,307$2,358$1,655$1,148$443
30 years$4,356$3,123$2,196$1,519$1,037$384
31 years$4,170$2,952$2,047$1,395$938$334
32 years$3,996$2,793$1,910$1,282$848$290
33 years$3,832$2,645$1,783$1,179$768$251
34 years$3,679$2,507$1,666$1,085$695$218
35 years$3,535$2,378$1,558$999$630$190
36 years$3,399$2,257$1,457$920$570$165
37 years$3,271$2,144$1,364$848$517$143
38 years$3,149$2,037$1,277$781$469$124
39 years$3,034$1,937$1,197$720$425$108
40 years$2,926$1,843$1,122$664$386$94
41 years$2,823$1,754$1,052$613$350$82
42 years$2,725$1,671$987$566$317$71
43 years$2,631$1,592$926$522$288$62
44 years$2,543$1,518$869$482$261$54
45 years$2,458$1,447$816$445$237$47
46 years$2,377$1,381$766$411$216$41
47 years$2,301$1,317$720$380$196$35
48 years$2,227$1,258$677$351$178$31
49 years$2,157$1,201$636$325$161$27
50 years$2,089$1,147$598$300$147$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,140,000, adding $2,745 every year, while hoping to spend $39,910 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: 61/13/26 Blend
49$2,140,000$2,140,000$2,140,000$2,140,000
50$2,361,111$2,247,691$2,214,521$2,488,549
51$2,559,481$2,315,364$2,246,244$2,643,151
52$2,776,746$2,385,016$2,277,692$2,807,253
53$3,014,793$2,456,700$2,308,813$2,985,518
54$3,275,698$2,530,474$2,339,554$3,179,334
55$3,561,746$2,606,395$2,369,856$3,390,231
56$3,875,458$2,684,521$2,399,660$3,619,894
57$4,219,605$2,764,914$2,428,899$3,870,178
58$4,597,245$2,847,635$2,457,508$4,143,127
59$5,011,742$2,932,747$2,485,412$4,440,994
60$5,466,804$3,020,315$2,512,537$4,766,258
61$5,966,513$3,110,406$2,538,803$5,121,653
62$6,515,369$3,203,088$2,564,124$5,510,189
63$7,118,327$3,298,429$2,588,412$5,935,183
64$7,780,845$3,396,501$2,611,573$6,400,289
65$8,508,939$3,497,377$2,633,508$6,909,534
66$9,309,233$3,601,131$2,654,114$7,467,353
67$10,189,028$3,707,839$2,673,279$8,078,635
68$11,156,364$3,817,579$2,690,889$8,748,765
69$12,220,103$3,930,430$2,706,824$9,483,677
70$13,390,005$4,046,472$2,720,954$10,289,911
71$14,676,826$4,165,790$2,733,146$11,174,672
72$16,092,415$4,288,467$2,743,260$12,145,899
73$17,649,829$4,414,589$2,751,147$13,212,340
74$19,363,453$4,544,246$2,756,651$14,383,638
75$21,249,137$4,677,525$2,759,611$15,670,413
76$23,324,344$4,814,520$2,759,853$17,084,374
77$25,608,319$4,955,322$2,757,200$18,638,420
78$28,122,262$5,100,028$2,751,461$20,346,767
79$30,889,538$5,248,735$2,742,440$22,225,079
80$33,935,889$5,401,540$2,729,929$24,290,619
81$37,289,679$5,558,545$2,713,711$26,562,411
82$40,982,164$5,719,852$2,693,558$29,061,417
83$45,047,784$5,885,564$2,669,232$31,810,740
84$49,524,488$6,055,787$2,640,482$34,835,838
85$54,454,094$6,230,629$2,607,046$38,164,764
86$59,882,681$6,410,198$2,568,651$41,828,436
87$65,861,022$6,594,606$2,525,009$45,860,923
88$72,445,070$6,783,965$2,475,820$50,299,772
89$79,696,476$6,978,388$2,420,769$55,186,359
90$87,683,178$7,177,991$2,359,527$60,566,280
91$96,480,041$7,382,892$2,291,749$66,489,783
92$106,169,559$7,593,207$2,217,077$73,012,244
93$116,842,637$7,809,057$2,135,132$80,194,685
94$128,599,448$8,030,563$2,045,521$88,104,357
95$141,550,378$8,257,847$1,947,833$96,815,368
96$155,817,068$8,491,033$1,841,636$106,409,390
97$171,533,559$8,730,243$1,726,481$116,976,425
98$188,847,561$8,975,604$1,601,897$128,615,658
99$207,921,845$9,227,242$1,467,394$141,436,391
100$228,935,779$9,485,283$1,322,457$155,559,079