Can I retire at age 50 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$185,803$184,148$182,533$180,957$179,418$177,544
2 years$91,982$90,269$88,608$86,999$85,437$83,550
3 years$60,712$58,991$57,335$55,741$54,205$52,363
4 years$45,080$43,365$41,726$40,158$38,659$36,877
5 years$35,704$33,999$32,381$30,845$29,388$27,671
6 years$29,455$27,762$26,168$24,667$23,254$21,604
7 years$24,993$23,315$21,746$20,280$18,912$17,329
8 years$21,648$19,985$18,442$17,013$15,689$14,174
9 years$19,048$17,401$15,884$14,491$13,212$11,764
10 years$16,969$15,338$13,848$12,491$11,258$9,875
11 years$15,269$13,654$12,192$10,871$9,682$8,365
12 years$13,853$12,255$10,820$9,536$8,390$7,136
13 years$12,657$11,075$9,667$8,418$7,316$6,125
14 years$11,632$10,067$8,686$7,473$6,414$5,282
15 years$10,744$9,197$7,842$6,665$5,647$4,574
16 years$9,968$8,438$7,110$5,967$4,991$3,975
17 years$9,285$7,771$6,470$5,362$4,425$3,464
18 years$8,677$7,181$5,906$4,832$3,935$3,027
19 years$8,135$6,655$5,407$4,366$3,507$2,650
20 years$7,647$6,184$4,962$3,954$3,133$2,325
21 years$7,206$5,760$4,564$3,589$2,803$2,043
22 years$6,806$5,377$4,207$3,263$2,513$1,798
23 years$6,441$5,029$3,884$2,972$2,256$1,584
24 years$6,108$4,712$3,592$2,710$2,027$1,397
25 years$5,801$4,422$3,327$2,475$1,824$1,233
26 years$5,518$4,156$3,086$2,263$1,643$1,089
27 years$5,257$3,911$2,865$2,072$1,482$963
28 years$5,015$3,685$2,664$1,898$1,337$852
29 years$4,790$3,477$2,479$1,741$1,207$754
30 years$4,580$3,283$2,309$1,597$1,091$668
31 years$4,384$3,104$2,152$1,467$986$591
32 years$4,201$2,937$2,008$1,348$892$524
33 years$4,029$2,781$1,875$1,240$807$465
34 years$3,868$2,636$1,752$1,141$731$412
35 years$3,716$2,500$1,638$1,050$662$366
36 years$3,574$2,373$1,532$967$600$324
37 years$3,439$2,254$1,434$891$544$288
38 years$3,311$2,142$1,343$821$493$256
39 years$3,190$2,037$1,258$757$447$227
40 years$3,076$1,938$1,179$699$405$201
41 years$2,968$1,845$1,106$644$368$179
42 years$2,865$1,757$1,037$595$334$159
43 years$2,767$1,674$973$549$303$141
44 years$2,673$1,596$914$507$275$125
45 years$2,584$1,522$858$468$250$111
46 years$2,500$1,451$806$432$227$99
47 years$2,419$1,385$757$400$206$88
48 years$2,341$1,322$711$369$187$78
49 years$2,268$1,263$669$341$170$69
50 years$2,197$1,206$629$315$154$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,250,000, adding $2,754 every year, while hoping to spend $53,556 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: 53/18/29 Blend
49$2,250,000$2,250,000$2,250,000$2,250,000
50$2,482,341$2,363,091$2,328,216$2,593,630
51$2,678,556$2,421,899$2,349,228$2,729,976
52$2,892,991$2,481,794$2,369,149$2,872,629
53$3,127,446$2,542,772$2,387,886$3,026,829
54$3,383,906$2,604,829$2,405,340$3,193,705
55$3,664,555$2,667,956$2,421,410$3,374,500
56$3,971,799$2,732,144$2,435,985$3,570,584
57$4,308,284$2,797,381$2,448,953$3,783,469
58$4,676,930$2,863,653$2,460,194$4,014,819
59$5,080,947$2,930,943$2,469,580$4,266,470
60$5,523,873$2,999,229$2,476,981$4,540,445
61$6,009,605$3,068,488$2,482,257$4,838,972
62$6,542,434$3,138,693$2,485,261$5,164,510
63$7,127,086$3,209,813$2,485,842$5,519,769
64$7,768,769$3,281,814$2,483,838$5,907,734
65$8,473,217$3,354,656$2,479,080$6,331,697
66$9,246,748$3,428,298$2,471,392$6,795,287
67$10,096,321$3,502,689$2,460,588$7,302,505
68$11,029,603$3,577,777$2,446,475$7,857,759
69$12,055,037$3,653,503$2,428,847$8,465,911
70$13,181,930$3,729,803$2,407,491$9,132,318
71$14,420,529$3,806,606$2,382,185$9,862,886
72$15,782,128$3,883,835$2,352,693$10,664,127
73$17,279,167$3,961,405$2,318,771$11,543,217
74$18,925,353$4,039,225$2,280,160$12,508,068
75$20,735,787$4,117,194$2,236,593$13,567,401
76$22,727,106$4,195,206$2,187,789$14,730,828
77$24,917,643$4,273,143$2,133,451$16,008,946
78$27,327,594$4,350,879$2,073,274$17,413,436
79$29,979,213$4,428,276$2,006,933$18,957,172
80$32,897,020$4,505,189$1,934,092$20,654,348
81$36,108,031$4,581,458$1,854,399$22,520,607
82$39,642,013$4,656,913$1,767,485$24,573,194
83$43,531,768$4,731,370$1,672,964$26,831,114
84$47,813,434$4,804,634$1,570,435$29,315,320
85$52,526,836$4,876,492$1,459,476$32,048,904
86$57,715,852$4,946,719$1,339,647$35,057,320
87$63,428,833$5,015,072$1,210,489$38,368,626
88$69,719,056$5,081,293$1,071,522$42,013,745
89$76,645,226$5,145,103$922,245$46,026,763
90$84,272,033$5,206,207$762,135$50,445,249
91$92,670,758$5,264,289$590,644$55,310,614
92$101,919,947$5,319,010$407,202$60,668,498
93$112,106,151$5,370,011$211,212$66,569,206
94$123,324,745$5,416,908$2,054$73,068,184
95$135,680,824$5,459,292$0$80,226,543
96$149,290,196$5,496,726$0$88,180,070
97$164,280,478$5,528,747$0$96,939,694
98$180,792,293$5,554,862$0$106,586,818
99$198,980,602$5,574,545$0$117,211,847
100$219,016,165$5,587,239$0$128,914,408