Can I retire at age 50 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$187,454$185,785$184,156$182,566$181,013$179,872
2 years$92,799$91,071$89,396$87,772$86,197$85,046
3 years$61,252$59,516$57,845$56,236$54,687$53,562
4 years$45,481$43,750$42,096$40,515$39,003$37,912
5 years$36,021$34,301$32,669$31,119$29,649$28,596
6 years$29,716$28,009$26,401$24,887$23,461$22,446
7 years$25,215$23,522$21,939$20,461$19,080$18,105
8 years$21,840$20,163$18,606$17,164$15,829$14,893
9 years$19,217$17,555$16,026$14,620$13,330$12,434
10 years$17,120$15,474$13,972$12,602$11,358$10,500
11 years$15,405$13,776$12,300$10,968$9,768$8,949
12 years$13,977$12,364$10,916$9,620$8,465$7,683
13 years$12,769$11,174$9,753$8,493$7,381$6,636
14 years$11,735$10,157$8,763$7,539$6,471$5,761
15 years$10,840$9,278$7,912$6,724$5,697$5,023
16 years$10,057$8,513$7,173$6,020$5,035$4,395
17 years$9,367$7,840$6,527$5,409$4,465$3,857
18 years$8,755$7,244$5,959$4,875$3,970$3,394
19 years$8,207$6,714$5,455$4,405$3,538$2,993
20 years$7,715$6,239$5,006$3,989$3,160$2,645
21 years$7,270$5,811$4,605$3,621$2,828$2,341
22 years$6,867$5,425$4,244$3,292$2,535$2,076
23 years$6,499$5,074$3,919$2,998$2,276$1,842
24 years$6,162$4,754$3,624$2,734$2,045$1,637
25 years$5,852$4,461$3,357$2,497$1,841$1,457
26 years$5,567$4,193$3,113$2,283$1,658$1,297
27 years$5,304$3,946$2,891$2,090$1,495$1,156
28 years$5,059$3,718$2,687$1,915$1,349$1,031
29 years$4,832$3,508$2,501$1,756$1,218$920
30 years$4,621$3,313$2,329$1,612$1,100$821
31 years$4,423$3,131$2,172$1,480$995$733
32 years$4,238$2,963$2,026$1,360$900$655
33 years$4,065$2,806$1,892$1,251$814$586
34 years$3,903$2,659$1,768$1,151$737$524
35 years$3,750$2,522$1,653$1,059$668$469
36 years$3,605$2,394$1,546$976$605$419
37 years$3,469$2,274$1,447$899$548$375
38 years$3,341$2,161$1,355$829$497$336
39 years$3,219$2,055$1,270$764$451$301
40 years$3,103$1,955$1,190$705$409$269
41 years$2,994$1,861$1,116$650$371$241
42 years$2,890$1,772$1,047$600$337$216
43 years$2,791$1,689$982$554$306$194
44 years$2,697$1,610$922$511$277$173
45 years$2,607$1,535$866$472$252$155
46 years$2,522$1,464$813$436$229$139
47 years$2,440$1,397$764$403$208$125
48 years$2,362$1,334$718$372$189$112
49 years$2,288$1,274$675$344$171$100
50 years$2,216$1,217$634$318$156$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,270,000, adding $4,947 every year, while hoping to spend $51,351 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: 39/39/22 Blend
49$2,270,000$2,270,000$2,270,000$2,270,000
50$2,506,643$2,386,333$2,351,148$2,587,820
51$2,707,683$2,448,626$2,375,274$2,709,152
52$2,927,509$2,512,251$2,398,488$2,835,050
53$3,167,981$2,577,217$2,420,704$2,970,148
54$3,431,151$2,643,537$2,441,833$3,115,310
55$3,719,275$2,711,216$2,461,781$3,271,489
56$4,034,839$2,780,264$2,480,448$3,439,734
57$4,380,581$2,850,685$2,497,732$3,621,200
58$4,759,515$2,922,484$2,513,521$3,817,159
59$5,174,963$2,995,663$2,527,701$4,029,014
60$5,630,580$3,070,221$2,540,150$4,258,309
61$6,130,395$3,146,158$2,550,741$4,506,745
62$6,678,845$3,223,469$2,559,340$4,776,197
63$7,280,815$3,302,147$2,565,806$5,068,730
64$7,941,690$3,382,184$2,569,992$5,386,622
65$8,667,398$3,463,566$2,571,742$5,732,379
66$9,464,471$3,546,280$2,570,894$6,108,768
67$10,340,105$3,630,306$2,567,277$6,518,833
68$11,302,227$3,715,622$2,560,712$6,965,932
69$12,359,569$3,802,203$2,551,012$7,453,765
70$13,521,753$3,890,018$2,537,978$7,986,411
71$14,799,377$3,979,034$2,521,405$8,568,363
72$16,204,118$4,069,212$2,501,077$9,204,575
73$17,748,842$4,160,507$2,476,767$9,900,507
74$19,447,723$4,252,871$2,448,238$10,662,178
75$21,316,377$4,346,248$2,415,240$11,496,220
76$23,372,011$4,440,577$2,377,514$12,409,944
77$25,633,583$4,535,792$2,334,787$13,411,408
78$28,121,980$4,631,818$2,286,774$14,509,495
79$30,860,217$4,728,572$2,233,177$15,713,995
80$33,873,654$4,825,967$2,173,682$17,035,699
81$37,190,230$4,923,902$2,107,964$18,486,502
82$40,840,733$5,022,273$2,035,681$20,079,514
83$44,859,086$5,120,963$1,956,474$21,829,185
84$49,282,667$5,219,845$1,869,971$23,751,445
85$54,152,665$5,318,783$1,775,781$25,863,851
86$59,514,462$5,417,629$1,673,495$28,185,753
87$65,418,067$5,516,222$1,562,686$30,738,483
88$71,918,583$5,614,390$1,442,909$33,545,551
89$79,076,729$5,711,946$1,313,698$36,632,871
90$86,959,414$5,808,689$1,174,565$40,029,005
91$95,640,363$5,904,404$1,025,002$43,765,438
92$105,200,819$5,998,859$864,478$47,876,869
93$115,730,303$6,091,803$692,438$52,401,545
94$127,327,462$6,182,971$508,304$57,381,623
95$140,101,002$6,272,074$311,470$62,863,566
96$154,170,705$6,358,807$101,306$68,898,588
97$169,668,570$6,442,841$0$75,543,134
98$186,740,048$6,523,825$0$82,888,285
99$205,545,425$6,601,384$0$91,000,999
100$226,261,323$6,675,117$0$99,933,213