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%19.7%
1 years$182,500$180,874$179,288$177,740$176,229$169,370
2 years$90,346$88,664$87,033$85,452$83,918$77,092
3 years$59,633$57,943$56,316$54,750$53,241$46,661
4 years$44,279$42,594$40,984$39,444$37,972$31,688
5 years$35,069$33,394$31,805$30,297$28,866$22,895
6 years$28,931$27,269$25,703$24,229$22,841$17,186
7 years$24,548$22,900$21,359$19,920$18,575$13,235
8 years$21,263$19,630$18,115$16,710$15,410$10,380
9 years$18,709$17,091$15,602$14,233$12,978$8,249
10 years$16,667$15,065$13,602$12,269$11,058$6,622
11 years$14,997$13,412$11,975$10,678$9,510$5,357
12 years$13,607$12,038$10,628$9,366$8,241$4,360
13 years$12,432$10,878$9,495$8,269$7,186$3,566
14 years$11,425$9,888$8,531$7,340$6,300$2,928
15 years$10,553$9,033$7,703$6,546$5,547$2,411
16 years$9,791$8,288$6,984$5,861$4,902$1,990
17 years$9,119$7,633$6,355$5,266$4,347$1,647
18 years$8,523$7,053$5,801$4,746$3,865$1,365
19 years$7,990$6,537$5,311$4,288$3,445$1,132
20 years$7,511$6,074$4,874$3,884$3,077$941
21 years$7,078$5,658$4,483$3,525$2,753$782
22 years$6,685$5,281$4,132$3,205$2,468$651
23 years$6,327$4,940$3,815$2,919$2,216$542
24 years$5,999$4,628$3,528$2,662$1,991$452
25 years$5,698$4,343$3,268$2,431$1,792$377
26 years$5,420$4,082$3,031$2,223$1,614$314
27 years$5,163$3,842$2,814$2,035$1,455$262
28 years$4,926$3,620$2,616$1,864$1,313$219
29 years$4,705$3,415$2,435$1,710$1,186$182
30 years$4,499$3,225$2,268$1,569$1,071$152
31 years$4,306$3,049$2,114$1,441$969$127
32 years$4,126$2,885$1,973$1,324$876$106
33 years$3,958$2,732$1,842$1,218$793$89
34 years$3,799$2,589$1,721$1,120$718$74
35 years$3,650$2,456$1,609$1,031$650$62
36 years$3,510$2,331$1,505$950$589$52
37 years$3,377$2,214$1,409$875$534$43
38 years$3,252$2,104$1,319$807$484$36
39 years$3,134$2,001$1,236$744$439$30
40 years$3,021$1,903$1,158$686$398$25
41 years$2,915$1,812$1,086$633$361$21
42 years$2,814$1,726$1,019$584$328$18
43 years$2,717$1,644$956$539$297$15
44 years$2,626$1,567$898$498$270$12
45 years$2,539$1,494$843$460$245$10
46 years$2,455$1,426$792$425$223$9
47 years$2,376$1,361$744$392$202$7
48 years$2,300$1,299$699$363$184$6
49 years$2,227$1,240$657$335$167$5
50 years$2,158$1,185$618$310$151$4

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 $2,858 every year, while hoping to spend $50,645 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: 72/13/15 Blend
49$2,210,000$2,210,000$2,210,000$2,210,000
50$2,438,368$2,321,238$2,286,983$2,605,535
51$2,633,196$2,381,093$2,309,711$2,776,627
52$2,846,198$2,442,183$2,331,503$2,957,485
53$3,079,176$2,504,516$2,352,274$3,154,208
54$3,334,112$2,568,097$2,371,935$3,368,356
55$3,613,189$2,632,931$2,390,392$3,601,647
56$3,918,809$2,699,019$2,407,545$3,855,973
57$4,253,621$2,766,365$2,423,291$4,133,419
58$4,620,539$2,834,965$2,437,520$4,436,281
59$5,022,773$2,904,818$2,450,117$4,767,087
60$5,463,860$2,975,918$2,460,960$5,128,625
61$5,947,694$3,048,259$2,469,922$5,523,963
62$6,478,565$3,121,829$2,476,870$5,956,483
63$7,061,197$3,196,617$2,481,664$6,429,911
64$7,700,794$3,272,606$2,484,155$6,948,351
65$8,403,090$3,349,779$2,484,189$7,516,326
66$9,174,400$3,428,113$2,481,604$8,138,818
67$10,021,681$3,507,583$2,476,230$8,821,318
68$10,952,597$3,588,158$2,467,888$9,569,875
69$11,975,590$3,669,806$2,456,390$10,391,154
70$13,099,961$3,752,488$2,441,541$11,292,501
71$14,335,959$3,836,162$2,423,134$12,282,008
72$15,694,873$3,920,780$2,400,955$13,368,593
73$17,189,140$4,006,288$2,374,777$14,562,083
74$18,832,464$4,092,628$2,344,364$15,873,306
75$20,639,943$4,179,734$2,309,468$17,314,195
76$22,628,212$4,267,536$2,269,829$18,897,899
77$24,815,598$4,355,954$2,225,178$20,638,907
78$27,222,296$4,444,903$2,175,228$22,553,186
79$29,870,556$4,534,289$2,119,684$24,658,333
80$32,784,894$4,624,010$2,058,234$26,973,737
81$35,992,321$4,713,954$1,990,553$29,520,766
82$39,522,602$4,804,002$1,916,301$32,322,966
83$43,408,532$4,894,023$1,835,122$35,406,286
84$47,686,248$4,983,876$1,746,644$38,799,322
85$52,395,567$5,073,407$1,650,478$42,533,587
86$57,580,364$5,162,454$1,546,219$46,643,806
87$63,288,985$5,250,838$1,433,441$51,168,250
88$69,574,701$5,338,368$1,311,700$56,149,092
89$76,496,213$5,424,840$1,180,534$61,632,808
90$84,118,202$5,510,034$1,039,459$67,670,615
91$92,511,946$5,593,712$887,967$74,318,956
92$101,755,982$5,675,621$725,531$81,640,030
93$111,936,856$5,755,491$551,601$89,702,384
94$123,149,934$5,833,029$365,599$98,581,558
95$135,500,306$5,907,926$166,924$108,360,798
96$149,103,771$5,979,848$0$119,131,842
97$164,087,937$6,048,442$0$131,003,007
98$180,593,418$6,113,327$0$144,107,468
99$198,775,167$6,174,100$0$158,541,371
100$218,803,932$6,230,329$0$174,440,134