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%17.4%
1 years$186,629$184,966$183,344$181,761$180,216$174,797
2 years$92,390$90,670$89,002$87,385$85,817$80,403
3 years$60,982$59,254$57,590$55,989$54,446$49,207
4 years$45,281$43,558$41,911$40,337$38,831$33,807
5 years$35,862$34,150$32,525$30,982$29,519$24,724
6 years$29,585$27,886$26,285$24,777$23,357$18,795
7 years$25,104$23,419$21,843$20,370$18,996$14,666
8 years$21,744$20,074$18,524$17,088$15,759$11,659
9 years$19,132$17,478$15,955$14,555$13,271$9,397
10 years$17,044$15,406$13,910$12,547$11,308$7,654
11 years$15,337$13,715$12,246$10,920$9,725$6,285
12 years$13,915$12,310$10,868$9,578$8,427$5,195
13 years$12,713$11,125$9,710$8,456$7,349$4,315
14 years$11,683$10,112$8,724$7,506$6,442$3,600
15 years$10,792$9,237$7,877$6,694$5,672$3,014
16 years$10,013$8,475$7,142$5,994$5,013$2,530
17 years$9,326$7,805$6,499$5,385$4,445$2,129
18 years$8,716$7,212$5,932$4,853$3,952$1,795
19 years$8,171$6,684$5,431$4,385$3,523$1,515
20 years$7,681$6,211$4,984$3,972$3,146$1,281
21 years$7,238$5,786$4,584$3,605$2,816$1,085
22 years$6,836$5,401$4,225$3,278$2,524$919
23 years$6,470$5,051$3,901$2,985$2,266$779
24 years$6,135$4,733$3,608$2,722$2,036$661
25 years$5,827$4,441$3,342$2,486$1,832$561
26 years$5,543$4,174$3,099$2,273$1,651$477
27 years$5,280$3,928$2,878$2,081$1,488$405
28 years$5,037$3,702$2,675$1,906$1,343$345
29 years$4,811$3,492$2,490$1,748$1,213$293
30 years$4,600$3,298$2,319$1,604$1,096$249
31 years$4,404$3,118$2,162$1,474$991$212
32 years$4,220$2,950$2,017$1,354$896$180
33 years$4,047$2,794$1,883$1,245$811$154
34 years$3,885$2,648$1,760$1,146$734$131
35 years$3,733$2,511$1,645$1,055$665$111
36 years$3,589$2,384$1,539$971$602$95
37 years$3,454$2,264$1,441$895$546$81
38 years$3,326$2,152$1,349$825$495$69
39 years$3,205$2,046$1,264$761$449$58
40 years$3,090$1,946$1,185$702$407$50
41 years$2,981$1,853$1,111$647$369$42
42 years$2,877$1,765$1,042$597$335$36
43 years$2,779$1,681$978$551$304$31
44 years$2,685$1,603$918$509$276$26
45 years$2,596$1,528$862$470$251$22
46 years$2,511$1,458$809$434$228$19
47 years$2,430$1,391$760$401$207$16
48 years$2,352$1,328$715$371$188$14
49 years$2,278$1,268$672$343$170$12
50 years$2,207$1,212$631$317$155$10

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 $3,699 every year, while hoping to spend $42,506 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: 55/34/11 Blend
49$2,260,000$2,260,000$2,260,000$2,260,000
50$2,494,336$2,374,556$2,339,526$2,624,403
51$2,703,532$2,445,683$2,372,674$2,784,082
52$2,932,641$2,518,870$2,405,507$2,952,891
53$3,183,650$2,594,175$2,437,972$3,135,688
54$3,458,747$2,671,654$2,470,008$3,333,816
55$3,760,340$2,751,365$2,501,554$3,548,747
56$4,091,082$2,833,370$2,532,543$3,782,104
57$4,453,896$2,917,729$2,562,908$4,035,672
58$4,852,002$3,004,506$2,592,573$4,311,418
59$5,288,944$3,093,765$2,621,463$4,611,503
60$5,768,629$3,185,572$2,649,494$4,938,310
61$6,295,358$3,279,994$2,676,581$5,294,461
62$6,873,871$3,377,100$2,702,633$5,682,841
63$7,509,388$3,476,960$2,727,554$6,106,631
64$8,207,662$3,579,647$2,751,242$6,569,330
65$8,975,027$3,685,233$2,773,592$7,074,792
66$9,818,464$3,793,793$2,794,492$7,627,262
67$10,745,663$3,905,405$2,813,823$8,231,416
68$11,765,096$4,020,146$2,831,462$8,892,402
69$12,886,098$4,138,095$2,847,278$9,615,892
70$14,118,953$4,259,334$2,861,135$10,408,132
71$15,474,990$4,383,946$2,872,887$11,276,003
72$16,966,694$4,512,015$2,882,384$12,227,084
73$18,607,820$4,643,627$2,889,467$13,269,725
74$20,413,522$4,778,869$2,893,968$14,413,123
75$22,400,499$4,917,830$2,895,713$15,667,413
76$24,587,148$5,060,602$2,894,518$17,043,755
77$26,993,742$5,207,276$2,890,189$18,554,449
78$29,642,617$5,357,947$2,882,525$20,213,043
79$32,558,387$5,512,709$2,871,312$22,034,465
80$35,768,170$5,671,660$2,856,329$24,035,162
81$39,301,849$5,834,897$2,837,341$26,233,255
82$43,192,351$6,002,520$2,814,106$28,648,707
83$47,475,959$6,174,631$2,786,366$31,303,518
84$52,192,651$6,351,332$2,753,853$34,221,925
85$57,386,481$6,532,727$2,716,287$37,430,634
86$63,105,992$6,718,921$2,673,373$40,959,072
87$69,404,676$6,910,021$2,624,803$44,839,662
88$76,341,474$7,106,133$2,570,256$49,108,132
89$83,981,337$7,307,367$2,509,392$53,803,849
90$92,395,837$7,513,831$2,441,861$58,970,192
91$101,663,841$7,725,637$2,367,291$64,654,959
92$111,872,256$7,942,896$2,285,298$70,910,822
93$123,116,847$8,165,720$2,195,477$77,795,819
94$135,503,147$8,394,221$2,097,407$85,373,903
95$149,147,443$8,628,513$1,990,645$93,715,549
96$164,177,880$8,868,708$1,874,730$102,898,414
97$180,735,671$9,114,922$1,749,180$113,008,072
98$198,976,423$9,367,266$1,613,491$124,138,821
99$219,071,611$9,625,856$1,467,136$136,394,573
100$241,210,196$9,890,804$1,309,566$149,889,835