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%17.7%
1 years$182,500$180,874$179,288$177,740$176,229$170,724
2 years$90,346$88,664$87,033$85,452$83,918$78,422
3 years$59,633$57,943$56,316$54,750$53,241$47,925
4 years$44,279$42,594$40,984$39,444$37,972$32,877
5 years$35,069$33,394$31,805$30,297$28,866$24,005
6 years$28,931$27,269$25,703$24,229$22,841$18,219
7 years$24,548$22,900$21,359$19,920$18,575$14,192
8 years$21,263$19,630$18,115$16,710$15,410$11,262
9 years$18,709$17,091$15,602$14,233$12,978$9,061
10 years$16,667$15,065$13,602$12,269$11,058$7,366
11 years$14,997$13,412$11,975$10,678$9,510$6,037
12 years$13,607$12,038$10,628$9,366$8,241$4,980
13 years$12,432$10,878$9,495$8,269$7,186$4,128
14 years$11,425$9,888$8,531$7,340$6,300$3,437
15 years$10,553$9,033$7,703$6,546$5,547$2,871
16 years$9,791$8,288$6,984$5,861$4,902$2,405
17 years$9,119$7,633$6,355$5,266$4,347$2,019
18 years$8,523$7,053$5,801$4,746$3,865$1,698
19 years$7,990$6,537$5,311$4,288$3,445$1,431
20 years$7,511$6,074$4,874$3,884$3,077$1,207
21 years$7,078$5,658$4,483$3,525$2,753$1,019
22 years$6,685$5,281$4,132$3,205$2,468$862
23 years$6,327$4,940$3,815$2,919$2,216$729
24 years$5,999$4,628$3,528$2,662$1,991$617
25 years$5,698$4,343$3,268$2,431$1,792$523
26 years$5,420$4,082$3,031$2,223$1,614$443
27 years$5,163$3,842$2,814$2,035$1,455$376
28 years$4,926$3,620$2,616$1,864$1,313$318
29 years$4,705$3,415$2,435$1,710$1,186$270
30 years$4,499$3,225$2,268$1,569$1,071$229
31 years$4,306$3,049$2,114$1,441$969$195
32 years$4,126$2,885$1,973$1,324$876$165
33 years$3,958$2,732$1,842$1,218$793$140
34 years$3,799$2,589$1,721$1,120$718$119
35 years$3,650$2,456$1,609$1,031$650$101
36 years$3,510$2,331$1,505$950$589$86
37 years$3,377$2,214$1,409$875$534$73
38 years$3,252$2,104$1,319$807$484$62
39 years$3,134$2,001$1,236$744$439$53
40 years$3,021$1,903$1,158$686$398$45
41 years$2,915$1,812$1,086$633$361$38
42 years$2,814$1,726$1,019$584$328$32
43 years$2,717$1,644$956$539$297$27
44 years$2,626$1,567$898$498$270$23
45 years$2,539$1,494$843$460$245$20
46 years$2,455$1,426$792$425$223$17
47 years$2,376$1,361$744$392$202$14
48 years$2,300$1,299$699$363$184$12
49 years$2,227$1,240$657$335$167$10
50 years$2,158$1,185$618$310$151$9

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 $5,904 every year, while hoping to spend $31,774 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: 64/19/17 Blend
49$2,210,000$2,210,000$2,210,000$2,210,000
50$2,441,510$2,324,380$2,290,125$2,587,095
51$2,656,737$2,404,467$2,333,037$2,765,595
52$2,892,852$2,487,414$2,376,321$2,956,344
53$3,151,952$2,573,327$2,419,957$3,163,961
54$3,436,347$2,662,316$2,463,922$3,390,091
55$3,748,582$2,754,497$2,508,191$3,636,548
56$4,091,459$2,849,989$2,552,737$3,905,328
57$4,468,066$2,948,917$2,597,532$4,198,629
58$4,881,805$3,051,409$2,642,545$4,518,870
59$5,336,421$3,157,601$2,687,743$4,868,714
60$5,836,044$3,267,631$2,733,090$5,251,095
61$6,385,220$3,381,645$2,778,548$5,669,242
62$6,988,960$3,499,793$2,824,077$6,126,712
63$7,652,784$3,622,232$2,869,634$6,627,421
64$8,382,773$3,749,126$2,915,171$7,175,683
65$9,185,626$3,880,645$2,960,640$7,776,249
66$10,068,727$4,016,963$3,005,989$8,434,352
67$11,040,209$4,158,265$3,051,161$9,155,754
68$12,109,032$4,304,743$3,096,097$9,946,803
69$13,285,071$4,456,593$3,140,734$10,814,493
70$14,579,205$4,614,023$3,185,005$11,766,525
71$16,003,421$4,777,247$3,228,840$12,811,384
72$17,570,927$4,946,489$3,272,163$13,958,416
73$19,296,275$5,121,981$3,314,894$15,217,919
74$21,195,503$5,303,965$3,356,951$16,601,236
75$23,286,278$5,492,694$3,398,243$18,120,863
76$25,588,071$5,688,428$3,438,676$19,790,567
77$28,122,334$5,891,441$3,478,152$21,625,516
78$30,912,707$6,102,016$3,516,565$23,642,421
79$33,985,238$6,320,450$3,553,804$25,859,691
80$37,368,629$6,547,049$3,589,753$28,297,612
81$41,094,508$6,782,133$3,624,289$30,978,533
82$45,197,727$7,026,036$3,657,281$33,927,077
83$49,716,688$7,279,106$3,688,594$37,170,374
84$54,693,711$7,541,702$3,718,082$40,738,319
85$60,175,426$7,814,203$3,745,595$44,663,847
86$66,213,220$8,096,999$3,770,973$48,983,250
87$72,863,715$8,390,499$3,794,047$53,736,516
88$80,189,309$8,695,128$3,814,642$58,967,706
89$88,258,758$9,011,328$3,832,572$64,725,369
90$97,147,830$9,339,562$3,847,643$71,063,000
91$106,940,018$9,680,310$3,859,648$78,039,544
92$117,727,328$10,034,073$3,868,374$85,719,955
93$129,611,144$10,401,372$3,873,593$94,175,801
94$142,703,193$10,782,751$3,875,070$103,485,948
95$157,126,589$11,178,776$3,872,556$113,737,295
96$173,017,003$11,590,038$3,865,788$125,025,601
97$190,523,940$12,017,152$3,854,495$137,456,382
98$209,812,149$12,460,760$3,838,388$151,145,912
99$231,063,181$12,921,530$3,817,166$166,222,315
100$254,477,099$13,400,159$3,790,515$182,826,775