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%17.8%
1 years$185,803$184,148$182,533$180,957$179,418$173,744
2 years$91,982$90,269$88,608$86,999$85,437$79,772
3 years$60,712$58,991$57,335$55,741$54,205$48,727
4 years$45,080$43,365$41,726$40,158$38,659$33,410
5 years$35,704$33,999$32,381$30,845$29,388$24,382
6 years$29,455$27,762$26,168$24,667$23,254$18,494
7 years$24,993$23,315$21,746$20,280$18,912$14,399
8 years$21,648$19,985$18,442$17,013$15,689$11,420
9 years$19,048$17,401$15,884$14,491$13,212$9,182
10 years$16,969$15,338$13,848$12,491$11,258$7,460
11 years$15,269$13,654$12,192$10,871$9,682$6,110
12 years$13,853$12,255$10,820$9,536$8,390$5,036
13 years$12,657$11,075$9,667$8,418$7,316$4,173
14 years$11,632$10,067$8,686$7,473$6,414$3,471
15 years$10,744$9,197$7,842$6,665$5,647$2,898
16 years$9,968$8,438$7,110$5,967$4,991$2,425
17 years$9,285$7,771$6,470$5,362$4,425$2,035
18 years$8,677$7,181$5,906$4,832$3,935$1,710
19 years$8,135$6,655$5,407$4,366$3,507$1,440
20 years$7,647$6,184$4,962$3,954$3,133$1,214
21 years$7,206$5,760$4,564$3,589$2,803$1,024
22 years$6,806$5,377$4,207$3,263$2,513$865
23 years$6,441$5,029$3,884$2,972$2,256$731
24 years$6,108$4,712$3,592$2,710$2,027$619
25 years$5,801$4,422$3,327$2,475$1,824$524
26 years$5,518$4,156$3,086$2,263$1,643$443
27 years$5,257$3,911$2,865$2,072$1,482$376
28 years$5,015$3,685$2,664$1,898$1,337$318
29 years$4,790$3,477$2,479$1,741$1,207$270
30 years$4,580$3,283$2,309$1,597$1,091$229
31 years$4,384$3,104$2,152$1,467$986$194
32 years$4,201$2,937$2,008$1,348$892$164
33 years$4,029$2,781$1,875$1,240$807$139
34 years$3,868$2,636$1,752$1,141$731$118
35 years$3,716$2,500$1,638$1,050$662$100
36 years$3,574$2,373$1,532$967$600$85
37 years$3,439$2,254$1,434$891$544$72
38 years$3,311$2,142$1,343$821$493$61
39 years$3,190$2,037$1,258$757$447$52
40 years$3,076$1,938$1,179$699$405$44
41 years$2,968$1,845$1,106$644$368$37
42 years$2,865$1,757$1,037$595$334$32
43 years$2,767$1,674$973$549$303$27
44 years$2,673$1,596$914$507$275$23
45 years$2,584$1,522$858$468$250$19
46 years$2,500$1,451$806$432$227$17
47 years$2,419$1,385$757$400$206$14
48 years$2,341$1,322$711$369$187$12
49 years$2,268$1,263$669$341$170$10
50 years$2,197$1,206$629$315$154$9

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 $4,282 every year, while hoping to spend $40,879 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: 64/16/20 Blend
49$2,250,000$2,250,000$2,250,000$2,250,000
50$2,483,917$2,364,667$2,329,792$2,629,958
51$2,693,781$2,437,041$2,364,345$2,801,085
52$2,923,682$2,511,591$2,398,685$2,982,949
53$3,175,619$2,588,380$2,432,763$3,180,681
54$3,451,797$2,667,475$2,466,525$3,395,833
55$3,754,640$2,748,941$2,499,914$3,630,117
56$4,086,823$2,832,849$2,532,870$3,885,418
57$4,451,288$2,919,268$2,565,330$4,163,810
58$4,851,278$3,008,271$2,597,228$4,467,578
59$5,290,365$3,099,933$2,628,492$4,799,240
60$5,772,483$3,194,330$2,659,047$5,161,568
61$6,301,966$3,291,542$2,688,815$5,557,615
62$6,883,588$3,391,649$2,717,711$5,990,746
63$7,522,608$3,494,734$2,745,649$6,464,664
64$8,224,821$3,600,882$2,772,534$6,983,452
65$8,996,608$3,710,181$2,798,270$7,551,606
66$9,845,003$3,822,721$2,822,753$8,174,081
67$10,777,753$3,938,593$2,845,874$8,856,331
68$11,803,392$4,057,893$2,867,520$9,604,372
69$12,931,326$4,180,718$2,887,569$10,424,825
70$14,171,914$4,307,166$2,905,896$11,324,989
71$15,536,572$4,437,340$2,922,367$12,312,906
72$17,037,879$4,571,346$2,936,842$13,397,434
73$18,689,690$4,709,289$2,949,174$14,588,335
74$20,507,276$4,851,282$2,959,208$15,896,364
75$22,507,459$4,997,436$2,966,783$17,333,372
76$24,708,777$5,147,867$2,971,727$18,912,418
77$27,131,654$5,302,695$2,973,862$20,647,890
78$29,798,596$5,462,040$2,973,000$22,555,643
79$32,734,401$5,626,028$2,968,944$24,653,145
80$35,966,393$5,794,787$2,961,486$26,959,648
81$39,524,680$5,968,446$2,950,411$29,496,364
82$43,442,439$6,147,142$2,935,491$32,286,666
83$47,756,225$6,331,009$2,916,488$35,356,312
84$52,506,322$6,520,190$2,893,152$38,733,683
85$57,737,116$6,714,828$2,865,222$42,450,057
86$63,497,517$6,915,071$2,832,423$46,539,896
87$69,841,424$7,121,069$2,794,468$51,041,179
88$76,828,224$7,332,976$2,751,057$55,995,757
89$84,523,361$7,550,950$2,701,876$61,449,747
90$92,998,950$7,775,153$2,646,596$67,453,970
91$102,334,457$8,005,750$2,584,870$74,064,427
92$112,617,448$8,242,908$2,516,340$81,342,833
93$123,944,418$8,486,801$2,440,628$89,357,193
94$136,421,698$8,737,604$2,357,339$98,182,451
95$150,166,462$8,995,497$2,266,060$107,901,191
96$165,307,830$9,260,665$2,166,361$118,604,420
97$181,988,084$9,533,293$2,057,791$130,392,428
98$200,364,019$9,813,575$1,939,877$143,375,733
99$220,608,414$10,101,705$1,812,127$157,676,123
100$242,911,665$10,397,881$1,674,027$173,427,810