Can I retire at age 50 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$177,545$175,964$174,421$172,915$171,444$164,642
2 years$87,894$86,257$84,670$83,132$81,640$74,871
3 years$58,014$56,370$54,787$53,263$51,796$45,274
4 years$43,077$41,438$39,871$38,373$36,941$30,715
5 years$34,117$32,488$30,942$29,474$28,082$22,168
6 years$28,145$26,529$25,005$23,571$22,220$16,622
7 years$23,882$22,279$20,780$19,379$18,071$12,787
8 years$20,686$19,097$17,623$16,257$14,992$10,016
9 years$18,201$16,627$15,178$13,847$12,625$7,950
10 years$16,215$14,656$13,233$11,936$10,757$6,374
11 years$14,590$13,048$11,650$10,388$9,252$5,150
12 years$13,238$11,711$10,339$9,112$8,017$4,186
13 years$12,094$10,583$9,237$8,044$6,991$3,419
14 years$11,115$9,620$8,300$7,141$6,128$2,803
15 years$10,267$8,788$7,494$6,368$5,396$2,305
16 years$9,525$8,063$6,794$5,702$4,769$1,900
17 years$8,872$7,425$6,182$5,123$4,229$1,570
18 years$8,292$6,861$5,644$4,617$3,760$1,299
19 years$7,773$6,359$5,166$4,172$3,351$1,076
20 years$7,307$5,909$4,742$3,779$2,993$893
21 years$6,886$5,504$4,361$3,429$2,679$741
22 years$6,504$5,138$4,020$3,118$2,401$616
23 years$6,155$4,805$3,711$2,840$2,155$512
24 years$5,836$4,502$3,432$2,590$1,937$426
25 years$5,543$4,225$3,179$2,365$1,743$354
26 years$5,273$3,971$2,948$2,163$1,570$295
27 years$5,023$3,737$2,738$1,980$1,416$246
28 years$4,792$3,522$2,545$1,814$1,277$205
29 years$4,577$3,322$2,369$1,663$1,153$171
30 years$4,376$3,137$2,206$1,526$1,042$142
31 years$4,189$2,966$2,057$1,402$942$118
32 years$4,014$2,806$1,919$1,288$852$99
33 years$3,850$2,658$1,792$1,185$771$82
34 years$3,696$2,519$1,674$1,090$698$69
35 years$3,551$2,389$1,565$1,003$633$57
36 years$3,415$2,268$1,464$924$573$48
37 years$3,286$2,154$1,370$852$519$40
38 years$3,164$2,047$1,283$785$471$33
39 years$3,049$1,946$1,202$724$427$28
40 years$2,939$1,852$1,127$667$387$23
41 years$2,836$1,763$1,057$616$351$19
42 years$2,737$1,679$991$568$319$16
43 years$2,644$1,599$930$525$289$13
44 years$2,555$1,525$873$484$263$11
45 years$2,470$1,454$820$447$238$9
46 years$2,389$1,387$770$413$217$8
47 years$2,311$1,324$723$382$197$6
48 years$2,237$1,264$680$353$179$5
49 years$2,167$1,207$639$326$162$5
50 years$2,099$1,153$601$301$147$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,150,000, adding $4,789 every year, while hoping to spend $33,857 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: 67/24/9 Blend
49$2,150,000$2,150,000$2,150,000$2,150,000
50$2,374,240$2,260,290$2,226,965$2,528,777
51$2,580,389$2,335,020$2,265,545$2,706,793
52$2,806,430$2,412,278$2,304,282$2,896,836
53$3,054,357$2,492,151$2,343,147$3,103,711
54$3,326,365$2,574,730$2,382,106$3,329,060
55$3,624,873$2,660,110$2,421,125$3,574,689
56$3,952,544$2,748,390$2,460,166$3,842,585
57$4,312,312$2,839,669$2,499,191$4,134,936
58$4,707,410$2,934,055$2,538,155$4,454,153
59$5,141,398$3,031,656$2,577,016$4,802,888
60$5,618,198$3,132,585$2,615,723$5,184,060
61$6,142,132$3,236,959$2,654,228$5,600,884
62$6,717,960$3,344,900$2,692,475$6,056,902
63$7,350,926$3,456,535$2,730,407$6,556,012
64$8,046,808$3,571,993$2,767,963$7,102,508
65$8,811,972$3,691,410$2,805,080$7,701,117
66$9,653,431$3,814,927$2,841,688$8,357,047
67$10,578,912$3,942,689$2,877,715$9,076,034
68$11,596,928$4,074,848$2,913,086$9,864,393
69$12,716,859$4,211,560$2,947,719$10,729,083
70$13,949,040$4,352,988$2,981,529$11,677,767
71$15,304,858$4,499,300$3,014,426$12,718,887
72$16,796,860$4,650,672$3,046,315$13,861,742
73$18,438,869$4,807,284$3,077,096$15,116,576
74$20,246,118$4,969,326$3,106,663$16,494,673
75$22,235,391$5,136,992$3,134,905$18,008,463
76$24,425,180$5,310,484$3,161,704$19,671,642
77$26,835,865$5,490,014$3,186,938$21,499,297
78$29,489,898$5,675,799$3,210,475$23,508,050
79$32,412,020$5,868,066$3,232,178$25,716,212
80$35,629,495$6,067,050$3,251,905$28,143,958
81$39,172,363$6,272,995$3,269,503$30,813,516
82$43,073,726$6,486,154$3,284,814$33,749,377
83$47,370,060$6,706,790$3,297,669$36,978,522
84$52,101,560$6,935,176$3,307,894$40,530,681
85$57,312,514$7,171,594$3,315,304$44,438,610
86$63,051,728$7,416,340$3,319,705$48,738,398
87$69,372,982$7,669,719$3,320,893$53,469,814
88$76,335,539$7,932,048$3,318,655$58,676,671
89$84,004,702$8,203,655$3,312,767$64,407,250
90$92,452,431$8,484,885$3,302,995$70,714,747
91$101,758,026$8,776,090$3,289,092$77,657,776
92$112,008,867$9,077,642$3,270,799$85,300,926
93$123,301,247$9,389,922$3,247,847$93,715,363
94$135,741,276$9,713,330$3,219,952$102,979,507
95$149,445,882$10,048,278$3,186,815$113,179,768
96$164,543,916$10,395,198$3,148,127$124,411,361
97$181,177,367$10,754,535$3,103,562$136,779,206
98$199,502,705$11,126,753$3,052,778$150,398,915
99$219,692,352$11,512,336$2,995,417$165,397,883
100$241,936,316$11,911,784$2,931,107$181,916,492