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

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$187,454$185,785$184,156$182,566$181,013$177,795
2 years$92,799$91,071$89,396$87,772$86,197$82,965
3 years$61,252$59,516$57,845$56,236$54,687$51,543
4 years$45,481$43,750$42,096$40,515$39,003$35,971
5 years$36,021$34,301$32,669$31,119$29,649$26,738
6 years$29,716$28,009$26,401$24,887$23,461$20,673
7 years$25,215$23,522$21,939$20,461$19,080$16,416
8 years$21,840$20,163$18,606$17,164$15,829$13,289
9 years$19,217$17,555$16,026$14,620$13,330$10,913
10 years$17,120$15,474$13,972$12,602$11,358$9,061
11 years$15,405$13,776$12,300$10,968$9,768$7,589
12 years$13,977$12,364$10,916$9,620$8,465$6,401
13 years$12,769$11,174$9,753$8,493$7,381$5,429
14 years$11,735$10,157$8,763$7,539$6,471$4,626
15 years$10,840$9,278$7,912$6,724$5,697$3,957
16 years$10,057$8,513$7,173$6,020$5,035$3,396
17 years$9,367$7,840$6,527$5,409$4,465$2,922
18 years$8,755$7,244$5,959$4,875$3,970$2,520
19 years$8,207$6,714$5,455$4,405$3,538$2,178
20 years$7,715$6,239$5,006$3,989$3,160$1,885
21 years$7,270$5,811$4,605$3,621$2,828$1,634
22 years$6,867$5,425$4,244$3,292$2,535$1,418
23 years$6,499$5,074$3,919$2,998$2,276$1,232
24 years$6,162$4,754$3,624$2,734$2,045$1,072
25 years$5,852$4,461$3,357$2,497$1,841$933
26 years$5,567$4,193$3,113$2,283$1,658$812
27 years$5,304$3,946$2,891$2,090$1,495$708
28 years$5,059$3,718$2,687$1,915$1,349$617
29 years$4,832$3,508$2,501$1,756$1,218$538
30 years$4,621$3,313$2,329$1,612$1,100$470
31 years$4,423$3,131$2,172$1,480$995$410
32 years$4,238$2,963$2,026$1,360$900$358
33 years$4,065$2,806$1,892$1,251$814$313
34 years$3,903$2,659$1,768$1,151$737$273
35 years$3,750$2,522$1,653$1,059$668$239
36 years$3,605$2,394$1,546$976$605$209
37 years$3,469$2,274$1,447$899$548$182
38 years$3,341$2,161$1,355$829$497$159
39 years$3,219$2,055$1,270$764$451$139
40 years$3,103$1,955$1,190$705$409$122
41 years$2,994$1,861$1,116$650$371$106
42 years$2,890$1,772$1,047$600$337$93
43 years$2,791$1,689$982$554$306$81
44 years$2,697$1,610$922$511$277$71
45 years$2,607$1,535$866$472$252$62
46 years$2,522$1,464$813$436$229$54
47 years$2,440$1,397$764$403$208$48
48 years$2,362$1,334$718$372$189$42
49 years$2,288$1,274$675$344$171$36
50 years$2,216$1,217$634$318$156$32

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 $3,182 every year, while hoping to spend $46,322 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: 52/28/20 Blend
49$2,270,000$2,270,000$2,270,000$2,270,000
50$2,504,822$2,384,512$2,349,327$2,621,107
51$2,711,028$2,452,067$2,378,743$2,769,055
52$2,936,714$2,521,380$2,407,593$2,924,818
53$3,183,819$2,592,487$2,435,807$3,093,254
54$3,454,476$2,665,427$2,463,314$3,275,583
55$3,751,037$2,740,237$2,490,039$3,473,146
56$4,076,089$2,816,955$2,515,902$3,687,423
57$4,432,483$2,895,619$2,540,818$3,920,040
58$4,823,360$2,976,268$2,564,699$4,172,790
59$5,252,177$3,058,940$2,587,451$4,447,646
60$5,722,744$3,143,673$2,608,976$4,746,783
61$6,239,257$3,230,505$2,629,169$5,072,594
62$6,806,336$3,319,475$2,647,921$5,427,717
63$7,429,074$3,410,621$2,665,118$5,815,057
64$8,113,079$3,503,981$2,680,639$6,237,815
65$8,864,529$3,599,591$2,694,356$6,699,514
66$9,690,230$3,697,491$2,706,136$7,204,040
67$10,597,680$3,797,714$2,715,839$7,755,670
68$11,595,141$3,900,299$2,723,316$8,359,119
69$12,691,711$4,005,281$2,728,414$9,019,580
70$13,897,419$4,112,693$2,730,969$9,742,775
71$15,223,311$4,222,569$2,730,811$10,535,010
72$16,681,556$4,334,943$2,727,761$11,403,231
73$18,285,565$4,449,845$2,721,631$12,355,093
74$20,050,111$4,567,306$2,712,224$13,399,030
75$21,991,473$4,687,354$2,699,334$14,544,337
76$24,127,585$4,810,017$2,682,744$15,801,254
77$26,478,210$4,935,319$2,662,227$17,181,066
78$29,065,121$5,063,283$2,637,545$18,696,209
79$31,912,310$5,193,931$2,608,450$20,360,386
80$35,046,213$5,327,280$2,574,680$22,188,697
81$38,495,958$5,463,348$2,535,962$24,197,782
82$42,293,640$5,602,146$2,492,012$26,405,978
83$46,474,625$5,743,685$2,442,528$28,833,492
84$51,077,882$5,887,971$2,387,198$31,502,593
85$56,146,351$6,035,007$2,325,694$34,437,821
86$61,727,347$6,184,791$2,257,673$37,666,217
87$67,873,008$6,337,317$2,182,777$41,217,583
88$74,640,785$6,492,576$2,100,630$45,124,761
89$82,093,984$6,650,551$2,010,840$49,423,943
90$90,302,365$6,811,222$1,912,997$54,155,012
91$99,342,796$6,974,562$1,806,673$59,361,922
92$109,299,983$7,140,538$1,691,419$65,093,110
93$120,267,266$7,309,109$1,566,766$71,401,956
94$132,347,501$7,480,229$1,432,226$78,347,285
95$145,654,029$7,653,843$1,287,288$85,993,926
96$160,311,745$7,829,887$1,131,418$94,413,319
97$176,458,280$8,008,288$964,058$103,684,197
98$194,245,296$8,188,966$784,625$113,893,323
99$213,839,918$8,371,827$592,512$125,136,315
100$235,426,312$8,556,769$387,083$137,518,547