Can I retire at age 50 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$189,106$187,422$185,778$184,174$182,608$176,480
2 years$93,617$91,873$90,184$88,545$86,956$80,843
3 years$61,791$60,040$58,355$56,732$55,169$49,262
4 years$45,882$44,136$42,467$40,872$39,347$33,692
5 years$36,338$34,603$32,956$31,394$29,911$24,523
6 years$29,978$28,256$26,634$25,106$23,667$18,550
7 years$25,437$23,729$22,133$20,641$19,248$14,401
8 years$22,033$20,340$18,770$17,315$15,968$11,388
9 years$19,386$17,710$16,167$14,749$13,447$9,128
10 years$17,270$15,611$14,095$12,713$11,458$7,393
11 years$15,540$13,897$12,409$11,065$9,854$6,036
12 years$14,100$12,473$11,012$9,705$8,539$4,959
13 years$12,882$11,272$9,839$8,568$7,446$4,094
14 years$11,838$10,246$8,840$7,606$6,528$3,394
15 years$10,935$9,360$7,982$6,783$5,747$2,823
16 years$10,146$8,588$7,236$6,073$5,080$2,355
17 years$9,450$7,909$6,585$5,457$4,504$1,968
18 years$8,832$7,308$6,011$4,918$4,005$1,648
19 years$8,279$6,773$5,503$4,444$3,569$1,382
20 years$7,783$6,294$5,050$4,025$3,188$1,161
21 years$7,334$5,863$4,645$3,653$2,853$976
22 years$6,927$5,472$4,281$3,321$2,557$821
23 years$6,556$5,118$3,953$3,025$2,296$691
24 years$6,216$4,796$3,656$2,759$2,063$582
25 years$5,904$4,500$3,386$2,519$1,857$491
26 years$5,616$4,230$3,140$2,303$1,673$414
27 years$5,350$3,981$2,916$2,108$1,508$349
28 years$5,104$3,751$2,711$1,932$1,361$295
29 years$4,875$3,539$2,523$1,771$1,229$249
30 years$4,661$3,342$2,350$1,626$1,110$210
31 years$4,462$3,159$2,191$1,493$1,004$177
32 years$4,276$2,989$2,044$1,372$908$150
33 years$4,101$2,831$1,908$1,262$822$127
34 years$3,937$2,683$1,783$1,161$744$107
35 years$3,783$2,545$1,667$1,069$674$90
36 years$3,637$2,415$1,560$984$610$76
37 years$3,500$2,294$1,460$907$553$65
38 years$3,370$2,180$1,367$836$502$55
39 years$3,247$2,073$1,281$771$455$46
40 years$3,131$1,972$1,200$711$413$39
41 years$3,020$1,877$1,126$656$374$33
42 years$2,916$1,788$1,056$605$340$28
43 years$2,816$1,704$991$559$308$24
44 years$2,721$1,624$930$516$280$20
45 years$2,630$1,549$873$477$254$17
46 years$2,544$1,477$820$440$231$14
47 years$2,462$1,410$771$407$209$12
48 years$2,383$1,346$724$376$190$10
49 years$2,308$1,285$681$347$173$9
50 years$2,236$1,228$640$321$157$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,290,000, adding $2,413 every year, while hoping to spend $54,374 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: 44/33/23 Blend
49$2,290,000$2,290,000$2,290,000$2,290,000
50$2,526,069$2,404,699$2,369,204$2,620,276
51$2,725,875$2,464,676$2,390,719$2,747,182
52$2,944,238$2,525,769$2,411,132$2,879,189
53$3,182,994$2,587,976$2,430,349$3,021,188
54$3,444,165$2,651,292$2,448,271$3,174,136
55$3,729,975$2,715,711$2,464,794$3,339,085
56$4,042,875$2,781,223$2,479,806$3,517,192
57$4,385,562$2,847,817$2,493,194$3,709,736
58$4,761,008$2,915,478$2,504,835$3,918,123
59$5,172,486$2,984,192$2,514,601$4,143,904
60$5,623,599$3,053,936$2,522,360$4,388,788
61$6,118,316$3,124,689$2,527,969$4,654,657
62$6,661,009$3,196,424$2,531,281$4,943,589
63$7,256,493$3,269,110$2,532,140$5,257,870
64$7,910,073$3,342,714$2,530,384$5,600,022
65$8,627,591$3,417,197$2,525,843$5,972,823
66$9,415,482$3,492,517$2,518,335$6,379,338
67$10,280,836$3,568,625$2,507,675$6,822,943
68$11,231,464$3,645,470$2,493,663$7,307,360
69$12,275,967$3,722,992$2,476,095$7,836,691
70$13,423,825$3,801,128$2,454,754$8,415,459
71$14,685,480$3,879,808$2,429,413$9,048,648
72$16,072,434$3,958,954$2,399,833$9,741,755
73$17,597,363$4,038,483$2,365,768$10,500,835
74$19,274,228$4,118,303$2,326,956$11,332,568
75$21,118,415$4,198,316$2,283,125$12,244,312
76$23,146,873$4,278,413$2,233,989$13,244,181
77$25,378,277$4,358,477$2,179,250$14,341,121
78$27,833,202$4,438,383$2,118,596$15,544,989
79$30,534,319$4,517,995$2,051,699$16,866,653
80$33,506,607$4,597,164$1,978,219$18,318,094
81$36,777,589$4,675,733$1,897,797$19,912,517
82$40,377,590$4,753,531$1,810,060$21,664,479
83$44,340,025$4,830,375$1,714,618$23,590,027
84$48,701,711$4,906,067$1,611,062$25,706,846
85$53,503,219$4,980,398$1,498,965$28,034,435
86$58,789,249$5,053,139$1,377,882$30,594,283
87$64,609,058$5,124,048$1,247,347$33,410,081
88$71,016,922$5,192,867$1,106,874$36,507,941
89$78,072,647$5,259,316$955,953$39,916,643
90$85,842,134$5,323,099$794,054$43,667,915
91$94,398,000$5,383,900$620,623$47,796,725
92$103,820,263$5,441,378$435,081$52,341,618
93$114,197,098$5,495,173$236,824$57,345,080
94$125,625,665$5,544,900$25,221$62,853,940
95$138,213,031$5,590,148$0$68,919,813
96$152,077,175$5,630,480$0$75,648,820
97$167,348,104$5,665,431$0$83,064,243
98$184,169,077$5,694,504$0$91,229,179
99$202,697,962$5,717,173$0$100,219,989
100$223,108,717$5,732,878$0$110,120,828