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

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$186,629$184,966$183,344$181,761$180,216$176,939
2 years$92,390$90,670$89,002$87,385$85,817$82,527
3 years$60,982$59,254$57,590$55,989$54,446$51,246
4 years$45,281$43,558$41,911$40,337$38,831$35,746
5 years$35,862$34,150$32,525$30,982$29,519$26,557
6 years$29,585$27,886$26,285$24,777$23,357$20,521
7 years$25,104$23,419$21,843$20,370$18,996$16,287
8 years$21,744$20,074$18,524$17,088$15,759$13,177
9 years$19,132$17,478$15,955$14,555$13,271$10,814
10 years$17,044$15,406$13,910$12,547$11,308$8,974
11 years$15,337$13,715$12,246$10,920$9,725$7,511
12 years$13,915$12,310$10,868$9,578$8,427$6,331
13 years$12,713$11,125$9,710$8,456$7,349$5,366
14 years$11,683$10,112$8,724$7,506$6,442$4,569
15 years$10,792$9,237$7,877$6,694$5,672$3,906
16 years$10,013$8,475$7,142$5,994$5,013$3,350
17 years$9,326$7,805$6,499$5,385$4,445$2,880
18 years$8,716$7,212$5,932$4,853$3,952$2,483
19 years$8,171$6,684$5,431$4,385$3,523$2,144
20 years$7,681$6,211$4,984$3,972$3,146$1,854
21 years$7,238$5,786$4,584$3,605$2,816$1,606
22 years$6,836$5,401$4,225$3,278$2,524$1,393
23 years$6,470$5,051$3,901$2,985$2,266$1,209
24 years$6,135$4,733$3,608$2,722$2,036$1,051
25 years$5,827$4,441$3,342$2,486$1,832$914
26 years$5,543$4,174$3,099$2,273$1,651$795
27 years$5,280$3,928$2,878$2,081$1,488$692
28 years$5,037$3,702$2,675$1,906$1,343$603
29 years$4,811$3,492$2,490$1,748$1,213$526
30 years$4,600$3,298$2,319$1,604$1,096$458
31 years$4,404$3,118$2,162$1,474$991$400
32 years$4,220$2,950$2,017$1,354$896$349
33 years$4,047$2,794$1,883$1,245$811$304
34 years$3,885$2,648$1,760$1,146$734$266
35 years$3,733$2,511$1,645$1,055$665$232
36 years$3,589$2,384$1,539$971$602$202
37 years$3,454$2,264$1,441$895$546$177
38 years$3,326$2,152$1,349$825$495$154
39 years$3,205$2,046$1,264$761$449$135
40 years$3,090$1,946$1,185$702$407$118
41 years$2,981$1,853$1,111$647$369$103
42 years$2,877$1,765$1,042$597$335$90
43 years$2,779$1,681$978$551$304$79
44 years$2,685$1,603$918$509$276$69
45 years$2,596$1,528$862$470$251$60
46 years$2,511$1,458$809$434$228$52
47 years$2,430$1,391$760$401$207$46
48 years$2,352$1,328$715$371$188$40
49 years$2,278$1,268$672$343$170$35
50 years$2,207$1,212$631$317$155$31

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 $5,570 every year, while hoping to spend $35,705 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: 34/37/29 Blend
49$2,260,000$2,260,000$2,260,000$2,260,000
50$2,496,265$2,376,485$2,341,455$2,559,096
51$2,712,895$2,454,943$2,381,904$2,685,572
52$2,950,423$2,536,049$2,422,512$2,818,295
53$3,210,946$2,619,895$2,463,245$2,960,736
54$3,496,768$2,706,575$2,504,069$3,113,786
55$3,810,431$2,796,190$2,544,948$3,278,426
56$4,154,733$2,888,841$2,585,842$3,455,730
57$4,532,756$2,984,635$2,626,708$3,646,884
58$4,947,896$3,083,681$2,667,501$3,853,188
59$5,403,893$3,186,093$2,708,175$4,076,074
60$5,904,868$3,291,990$2,748,677$4,317,116
61$6,455,361$3,401,494$2,788,954$4,578,047
62$7,060,373$3,514,732$2,828,949$4,860,773
63$7,725,412$3,631,835$2,868,600$5,167,390
64$8,456,549$3,752,940$2,907,843$5,500,208
65$9,260,472$3,878,188$2,946,610$5,861,765
66$10,144,547$4,007,726$2,984,828$6,254,858
67$11,116,892$4,141,706$3,022,421$6,682,564
68$12,186,451$4,280,286$3,059,308$7,148,272
69$13,363,077$4,423,628$3,095,403$7,655,710
70$14,657,628$4,571,903$3,130,616$8,208,987
71$16,082,066$4,725,286$3,164,852$8,812,624
72$17,649,571$4,883,959$3,198,009$9,471,599
73$19,374,666$5,048,113$3,229,982$10,191,397
74$21,273,354$5,217,942$3,260,658$10,978,056
75$23,363,266$5,393,651$3,289,919$11,838,224
76$25,663,830$5,575,450$3,317,642$12,779,228
77$28,196,452$5,763,559$3,343,696$13,809,133
78$30,984,722$5,958,206$3,367,941$14,936,824
79$34,054,631$6,159,625$3,390,234$16,172,089
80$37,434,819$6,368,062$3,410,423$17,525,708
81$41,156,844$6,583,771$3,428,346$19,009,555
82$45,255,482$6,807,015$3,443,835$20,636,712
83$49,769,051$7,038,068$3,456,713$22,421,590
84$54,739,775$7,277,215$3,466,794$24,380,065
85$60,214,183$7,524,750$3,473,883$26,529,624
86$66,243,546$7,780,978$3,477,774$28,889,537
87$72,884,361$8,046,219$3,478,252$31,481,030
88$80,198,883$8,320,802$3,475,091$34,327,490
89$88,255,717$8,605,069$3,468,055$37,454,684
90$97,130,460$8,899,377$3,456,894$40,891,001
91$106,906,414$9,204,094$3,441,348$44,667,717
92$117,675,379$9,519,605$3,421,143$48,819,295
93$129,538,510$9,846,308$3,395,994$53,383,705
94$142,607,278$10,184,617$3,365,600$58,402,785
95$157,004,520$10,534,962$3,329,647$63,922,631
96$172,865,596$10,897,791$3,287,805$69,994,036
97$190,339,670$11,273,566$3,239,730$76,672,965
98$209,591,116$11,662,770$3,185,060$84,021,085
99$230,801,068$12,065,904$3,123,418$92,106,345
100$254,169,133$12,483,490$3,054,409$101,003,617