Can I retire at age 50 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$181,674$180,056$178,477$176,936$175,431$169,139
2 years$89,938$88,263$86,639$85,065$83,539$77,268
3 years$59,363$57,681$56,061$54,502$53,000$46,948
4 years$44,078$42,401$40,798$39,266$37,800$32,012
5 years$34,910$33,243$31,661$30,160$28,735$23,226
6 years$28,800$27,146$25,587$24,119$22,737$17,512
7 years$24,437$22,797$21,263$19,830$18,491$13,548
8 years$21,167$19,541$18,033$16,635$15,340$10,676
9 years$18,624$17,014$15,531$14,169$12,919$8,526
10 years$16,592$14,997$13,541$12,214$11,007$6,879
11 years$14,930$13,351$11,921$10,630$9,467$5,594
12 years$13,546$11,983$10,580$9,324$8,204$4,578
13 years$12,375$10,829$9,452$8,231$7,154$3,764
14 years$11,373$9,843$8,493$7,307$6,271$3,108
15 years$10,505$8,992$7,668$6,516$5,521$2,574
16 years$9,747$8,250$6,952$5,835$4,880$2,138
17 years$9,078$7,598$6,326$5,243$4,327$1,779
18 years$8,485$7,021$5,775$4,725$3,847$1,483
19 years$7,954$6,507$5,287$4,269$3,429$1,238
20 years$7,477$6,047$4,852$3,866$3,063$1,035
21 years$7,046$5,632$4,463$3,509$2,741$866
22 years$6,655$5,257$4,113$3,191$2,457$725
23 years$6,298$4,917$3,798$2,906$2,205$608
24 years$5,972$4,607$3,512$2,650$1,982$510
25 years$5,672$4,323$3,253$2,420$1,784$427
26 years$5,396$4,063$3,017$2,213$1,607$359
27 years$5,140$3,824$2,802$2,026$1,449$301
28 years$4,903$3,603$2,604$1,856$1,307$253
29 years$4,683$3,399$2,424$1,702$1,180$212
30 years$4,478$3,210$2,258$1,562$1,066$179
31 years$4,287$3,035$2,105$1,434$964$150
32 years$4,108$2,872$1,964$1,318$872$126
33 years$3,940$2,719$1,833$1,212$789$106
34 years$3,782$2,577$1,713$1,115$715$89
35 years$3,634$2,445$1,602$1,027$647$75
36 years$3,494$2,320$1,498$946$586$63
37 years$3,362$2,204$1,402$871$532$53
38 years$3,238$2,094$1,313$803$482$45
39 years$3,120$1,992$1,230$740$437$37
40 years$3,008$1,895$1,153$683$396$31
41 years$2,902$1,804$1,081$630$360$26
42 years$2,801$1,718$1,014$582$326$22
43 years$2,705$1,637$952$537$296$19
44 years$2,614$1,560$893$496$269$16
45 years$2,527$1,488$839$458$244$13
46 years$2,444$1,419$788$423$222$11
47 years$2,365$1,354$740$391$201$9
48 years$2,289$1,293$696$361$183$8
49 years$2,217$1,235$654$334$166$7
50 years$2,148$1,179$615$308$151$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,200,000, adding $3,589 every year, while hoping to spend $50,412 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: 62/27/11 Blend
49$2,200,000$2,200,000$2,200,000$2,200,000
50$2,428,102$2,311,502$2,277,402$2,572,273
51$2,622,130$2,371,128$2,300,057$2,728,900
52$2,834,260$2,431,985$2,321,781$2,893,678
53$3,066,284$2,494,082$2,342,491$3,072,288
54$3,320,177$2,557,424$2,362,096$3,266,071
55$3,598,113$2,622,015$2,380,504$3,476,503
56$3,902,485$2,687,859$2,397,615$3,705,210
57$4,235,930$2,754,956$2,413,327$3,953,981
58$4,601,352$2,823,305$2,427,530$4,224,788
59$5,001,947$2,892,905$2,440,110$4,519,802
60$5,441,238$2,963,749$2,450,946$4,841,413
61$5,923,102$3,035,831$2,459,911$5,192,257
62$6,451,813$3,109,141$2,466,872$5,575,233
63$7,032,076$3,183,667$2,471,690$5,993,538
64$7,669,074$3,259,393$2,474,218$6,450,692
65$8,368,518$3,336,301$2,474,302$6,950,575
66$9,136,696$3,414,370$2,471,781$7,497,459
67$9,980,538$3,493,573$2,466,485$8,096,052
68$10,907,677$3,573,882$2,458,236$8,751,541
69$11,926,522$3,655,263$2,446,848$9,469,640
70$13,046,335$3,737,680$2,432,126$10,256,648
71$14,277,324$3,821,089$2,413,866$11,119,501
72$15,630,733$3,905,444$2,391,851$12,065,844
73$17,118,948$3,990,691$2,365,859$13,104,102
74$18,755,618$4,076,772$2,335,653$14,243,555
75$20,555,781$4,163,624$2,300,986$15,494,433
76$22,536,003$4,251,174$2,261,602$16,868,005
77$24,714,540$4,339,346$2,217,230$18,376,690
78$27,111,503$4,428,054$2,167,587$20,034,176
79$29,749,053$4,517,205$2,112,378$21,855,542
80$32,651,606$4,606,698$2,051,293$23,857,408
81$35,846,067$4,696,423$1,984,008$26,058,088
82$39,362,078$4,786,260$1,910,185$28,477,763
83$43,232,304$4,876,080$1,829,469$31,138,673
84$47,492,734$4,965,744$1,741,492$34,065,329
85$52,183,026$5,055,099$1,645,865$37,284,738
86$57,346,878$5,143,982$1,542,185$40,826,664
87$63,032,441$5,232,218$1,430,029$44,723,910
88$69,292,770$5,319,617$1,308,956$49,012,621
89$76,186,330$5,405,976$1,178,504$53,732,632
90$83,777,543$5,491,076$1,038,191$58,927,844
91$92,137,396$5,574,682$887,514$64,646,634
92$101,344,113$5,656,543$725,947$70,942,317
93$111,483,888$5,736,390$552,942$77,873,647
94$122,651,705$5,813,933$367,926$85,505,373
95$134,952,227$5,888,865$170,300$93,908,852
96$148,500,790$5,960,854$0$103,162,720
97$163,424,484$6,029,550$0$113,358,403
98$179,863,358$6,094,574$0$124,608,281
99$197,971,739$6,155,527$0$136,997,671
100$217,919,687$6,211,979$0$150,642,646