Can I retire at age 50 with 2,260,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$186,629$184,966$183,344$181,761$180,216$173,271
2 years$92,390$90,670$89,002$87,385$85,817$78,903
3 years$60,982$59,254$57,590$55,989$54,446$47,780
4 years$45,281$43,558$41,911$40,337$38,831$32,465
5 years$35,862$34,150$32,525$30,982$29,519$23,468
6 years$29,585$27,886$26,285$24,777$23,357$17,626
7 years$25,104$23,419$21,843$20,370$18,996$13,582
8 years$21,744$20,074$18,524$17,088$15,759$10,658
9 years$19,132$17,478$15,955$14,555$13,271$8,475
10 years$17,044$15,406$13,910$12,547$11,308$6,808
11 years$15,337$13,715$12,246$10,920$9,725$5,511
12 years$13,915$12,310$10,868$9,578$8,427$4,489
13 years$12,713$11,125$9,710$8,456$7,349$3,674
14 years$11,683$10,112$8,724$7,506$6,442$3,018
15 years$10,792$9,237$7,877$6,694$5,672$2,487
16 years$10,013$8,475$7,142$5,994$5,013$2,055
17 years$9,326$7,805$6,499$5,385$4,445$1,701
18 years$8,716$7,212$5,932$4,853$3,952$1,411
19 years$8,171$6,684$5,431$4,385$3,523$1,172
20 years$7,681$6,211$4,984$3,972$3,146$974
21 years$7,238$5,786$4,584$3,605$2,816$811
22 years$6,836$5,401$4,225$3,278$2,524$675
23 years$6,470$5,051$3,901$2,985$2,266$563
24 years$6,135$4,733$3,608$2,722$2,036$469
25 years$5,827$4,441$3,342$2,486$1,832$391
26 years$5,543$4,174$3,099$2,273$1,651$327
27 years$5,280$3,928$2,878$2,081$1,488$273
28 years$5,037$3,702$2,675$1,906$1,343$228
29 years$4,811$3,492$2,490$1,748$1,213$190
30 years$4,600$3,298$2,319$1,604$1,096$159
31 years$4,404$3,118$2,162$1,474$991$133
32 years$4,220$2,950$2,017$1,354$896$111
33 years$4,047$2,794$1,883$1,245$811$93
34 years$3,885$2,648$1,760$1,146$734$77
35 years$3,733$2,511$1,645$1,055$665$65
36 years$3,589$2,384$1,539$971$602$54
37 years$3,454$2,264$1,441$895$546$45
38 years$3,326$2,152$1,349$825$495$38
39 years$3,205$2,046$1,264$761$449$32
40 years$3,090$1,946$1,185$702$407$26
41 years$2,981$1,853$1,111$647$369$22
42 years$2,877$1,765$1,042$597$335$18
43 years$2,779$1,681$978$551$304$15
44 years$2,685$1,603$918$509$276$13
45 years$2,596$1,528$862$470$251$11
46 years$2,511$1,458$809$434$228$9
47 years$2,430$1,391$760$401$207$8
48 years$2,352$1,328$715$371$188$6
49 years$2,278$1,268$672$343$170$5
50 years$2,207$1,212$631$317$155$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,260,000, adding $2,893 every year, while hoping to spend $57,175 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: 41/29/30 Blend
49$2,260,000$2,260,000$2,260,000$2,260,000
50$2,493,504$2,373,724$2,338,694$2,573,641
51$2,687,008$2,429,203$2,356,207$2,687,593
52$2,898,333$2,485,484$2,372,390$2,805,340
53$3,129,236$2,542,546$2,387,138$2,931,728
54$3,381,652$2,600,365$2,400,342$3,067,593
55$3,657,712$2,658,914$2,411,884$3,213,851
56$3,959,761$2,718,163$2,421,644$3,371,517
57$4,290,381$2,778,077$2,429,494$3,541,705
58$4,652,416$2,838,619$2,435,298$3,725,650
59$5,048,997$2,899,747$2,438,916$3,924,708
60$5,483,574$2,961,414$2,440,199$4,140,378
61$5,959,945$3,023,569$2,438,991$4,374,313
62$6,482,292$3,086,157$2,435,131$4,628,336
63$7,055,224$3,149,116$2,428,445$4,904,456
64$7,683,814$3,212,380$2,418,755$5,204,890
65$8,373,653$3,275,877$2,405,873$5,532,085
66$9,130,897$3,339,526$2,389,601$5,888,736
67$9,962,328$3,403,243$2,369,733$6,277,818
68$10,875,418$3,466,934$2,346,052$6,702,612
69$11,878,397$3,530,500$2,318,330$7,166,734
70$12,980,330$3,593,831$2,286,331$7,674,176
71$14,191,207$3,656,812$2,249,806$8,229,337
72$15,522,029$3,719,315$2,208,494$8,837,070
73$16,984,920$3,781,205$2,162,123$9,502,726
74$18,593,235$3,842,337$2,110,407$10,232,208
75$20,361,687$3,902,554$2,053,047$11,032,023
76$22,306,487$3,961,687$1,989,733$11,909,347
77$24,445,497$4,019,557$1,920,136$12,872,096
78$26,798,393$4,075,971$1,843,916$13,928,994
79$29,386,857$4,130,722$1,760,716$15,089,666
80$32,234,778$4,183,589$1,670,161$16,364,722
81$35,368,477$4,234,336$1,571,863$17,765,862
82$38,816,954$4,282,711$1,465,413$19,305,985
83$42,612,164$4,328,445$1,350,385$20,999,316
84$46,789,315$4,371,249$1,226,334$22,861,538
85$51,387,204$4,410,819$1,092,794$24,909,941
86$56,448,576$4,446,826$949,280$27,163,591
87$62,020,535$4,478,925$795,285$29,643,507
88$68,154,980$4,506,743$630,278$32,372,861
89$74,909,102$4,529,888$453,706$35,377,203
90$82,345,918$4,547,939$264,993$38,684,697
91$90,534,865$4,560,452$63,534$42,326,396
92$99,552,460$4,566,953$0$46,336,531
93$109,483,015$4,566,937$0$50,801,324
94$120,419,437$4,559,872$0$55,738,749
95$132,464,102$4,545,188$0$61,174,529
96$145,729,822$4,522,284$0$67,159,449
97$160,340,909$4,490,521$0$73,749,480
98$176,434,347$4,449,221$0$81,006,306
99$194,161,082$4,397,665$0$88,997,908
100$213,687,454$4,335,092$0$97,799,206