Can I retire at age 50 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$182,500$180,874$179,288$177,740$176,229$170,519
2 years$90,346$88,664$87,033$85,452$83,918$78,220
3 years$59,633$57,943$56,316$54,750$53,241$47,732
4 years$44,279$42,594$40,984$39,444$37,972$32,695
5 years$35,069$33,394$31,805$30,297$28,866$23,835
6 years$28,931$27,269$25,703$24,229$22,841$18,060
7 years$24,548$22,900$21,359$19,920$18,575$14,044
8 years$21,263$19,630$18,115$16,710$15,410$11,125
9 years$18,709$17,091$15,602$14,233$12,978$8,934
10 years$16,667$15,065$13,602$12,269$11,058$7,250
11 years$14,997$13,412$11,975$10,678$9,510$5,930
12 years$13,607$12,038$10,628$9,366$8,241$4,882
13 years$12,432$10,878$9,495$8,269$7,186$4,039
14 years$11,425$9,888$8,531$7,340$6,300$3,355
15 years$10,553$9,033$7,703$6,546$5,547$2,797
16 years$9,791$8,288$6,984$5,861$4,902$2,338
17 years$9,119$7,633$6,355$5,266$4,347$1,958
18 years$8,523$7,053$5,801$4,746$3,865$1,644
19 years$7,990$6,537$5,311$4,288$3,445$1,382
20 years$7,511$6,074$4,874$3,884$3,077$1,163
21 years$7,078$5,658$4,483$3,525$2,753$980
22 years$6,685$5,281$4,132$3,205$2,468$826
23 years$6,327$4,940$3,815$2,919$2,216$697
24 years$5,999$4,628$3,528$2,662$1,991$589
25 years$5,698$4,343$3,268$2,431$1,792$498
26 years$5,420$4,082$3,031$2,223$1,614$421
27 years$5,163$3,842$2,814$2,035$1,455$356
28 years$4,926$3,620$2,616$1,864$1,313$301
29 years$4,705$3,415$2,435$1,710$1,186$255
30 years$4,499$3,225$2,268$1,569$1,071$216
31 years$4,306$3,049$2,114$1,441$969$183
32 years$4,126$2,885$1,973$1,324$876$155
33 years$3,958$2,732$1,842$1,218$793$131
34 years$3,799$2,589$1,721$1,120$718$111
35 years$3,650$2,456$1,609$1,031$650$94
36 years$3,510$2,331$1,505$950$589$80
37 years$3,377$2,214$1,409$875$534$67
38 years$3,252$2,104$1,319$807$484$57
39 years$3,134$2,001$1,236$744$439$48
40 years$3,021$1,903$1,158$686$398$41
41 years$2,915$1,812$1,086$633$361$35
42 years$2,814$1,726$1,019$584$328$29
43 years$2,717$1,644$956$539$297$25
44 years$2,626$1,567$898$498$270$21
45 years$2,539$1,494$843$460$245$18
46 years$2,455$1,426$792$425$223$15
47 years$2,376$1,361$744$392$202$13
48 years$2,300$1,299$699$363$184$11
49 years$2,227$1,240$657$335$167$9
50 years$2,158$1,185$618$310$151$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,210,000, adding $6,556 every year, while hoping to spend $51,425 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: 51/36/13 Blend
49$2,210,000$2,210,000$2,210,000$2,210,000
50$2,442,183$2,325,053$2,290,798$2,557,868
51$2,636,569$2,384,264$2,312,823$2,696,987
52$2,849,060$2,444,654$2,333,864$2,842,171
53$3,081,447$2,506,225$2,353,831$2,998,843
54$3,335,704$2,568,979$2,372,633$3,168,101
55$3,614,003$2,632,916$2,390,174$3,351,153
56$3,918,737$2,698,035$2,406,351$3,549,329
57$4,252,542$2,764,332$2,421,057$3,764,095
58$4,618,319$2,831,802$2,434,180$3,997,065
59$5,019,263$2,900,436$2,445,601$4,250,016
60$5,458,895$2,970,225$2,455,196$4,524,905
61$5,941,091$3,041,155$2,462,833$4,823,890
62$6,470,121$3,113,209$2,468,377$5,149,345
63$7,050,687$3,186,371$2,471,681$5,503,887
64$7,687,970$3,260,616$2,472,596$5,890,399
65$8,387,677$3,335,921$2,470,962$6,312,057
66$9,156,094$3,412,254$2,466,613$6,772,362
67$10,000,144$3,489,583$2,459,373$7,275,168
68$10,927,457$3,567,871$2,449,060$7,824,725
69$11,946,435$3,647,074$2,435,481$8,425,713
70$13,066,337$3,727,146$2,418,435$9,083,292
71$14,297,362$3,808,035$2,397,711$9,803,145
72$15,650,747$3,889,683$2,373,089$10,591,536
73$17,138,871$3,972,025$2,344,335$11,455,369
74$18,775,374$4,054,992$2,311,208$12,402,250
75$20,575,283$4,138,508$2,273,455$13,440,561
76$22,555,154$4,222,487$2,230,808$14,579,542
77$24,733,230$4,306,839$2,182,990$15,829,371
78$27,129,609$4,391,464$2,129,710$17,201,269
79$29,766,437$4,476,254$2,070,663$18,707,601
80$32,668,114$4,561,091$2,005,531$20,361,992
81$35,861,526$4,645,848$1,933,980$22,179,461
82$39,376,295$4,730,388$1,855,662$24,176,559
83$43,245,063$4,814,563$1,770,213$26,371,525
84$47,503,795$4,898,213$1,677,251$28,784,461
85$52,192,122$4,981,165$1,576,378$31,437,523
86$57,353,711$5,063,234$1,467,179$34,355,126
87$63,036,678$5,144,221$1,349,219$37,564,181
88$69,294,045$5,223,913$1,222,042$41,094,343
89$76,184,232$5,302,080$1,085,176$44,978,299
90$83,771,618$5,378,476$938,124$49,252,069
91$92,127,140$5,452,839$780,368$53,955,354
92$101,328,966$5,524,886$611,368$59,131,907
93$111,463,232$5,594,316$430,559$64,829,949
94$122,624,852$5,660,807$237,353$71,102,624
95$134,918,416$5,724,017$31,135$78,008,501
96$148,459,178$5,783,577$0$85,612,130
97$163,374,139$5,839,097$0$94,010,860
98$179,803,248$5,890,159$0$103,263,198
99$197,900,721$5,936,319$0$113,451,325
100$217,836,500$5,977,104$0$124,670,572