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%15.1%
1 years$189,106$187,422$185,778$184,174$182,608$178,775
2 years$93,617$91,873$90,184$88,545$86,956$83,112
3 years$61,791$60,040$58,355$56,732$55,169$51,434
4 years$45,882$44,136$42,467$40,872$39,347$35,750
5 years$36,338$34,603$32,956$31,394$29,911$26,463
6 years$29,978$28,256$26,634$25,106$23,667$20,371
7 years$25,437$23,729$22,133$20,641$19,248$16,104
8 years$22,033$20,340$18,770$17,315$15,968$12,976
9 years$19,386$17,710$16,167$14,749$13,447$10,605
10 years$17,270$15,611$14,095$12,713$11,458$8,762
11 years$15,540$13,897$12,409$11,065$9,854$7,302
12 years$14,100$12,473$11,012$9,705$8,539$6,126
13 years$12,882$11,272$9,839$8,568$7,446$5,169
14 years$11,838$10,246$8,840$7,606$6,528$4,381
15 years$10,935$9,360$7,982$6,783$5,747$3,727
16 years$10,146$8,588$7,236$6,073$5,080$3,180
17 years$9,450$7,909$6,585$5,457$4,504$2,721
18 years$8,832$7,308$6,011$4,918$4,005$2,333
19 years$8,279$6,773$5,503$4,444$3,569$2,004
20 years$7,783$6,294$5,050$4,025$3,188$1,725
21 years$7,334$5,863$4,645$3,653$2,853$1,486
22 years$6,927$5,472$4,281$3,321$2,557$1,282
23 years$6,556$5,118$3,953$3,025$2,296$1,107
24 years$6,216$4,796$3,656$2,759$2,063$956
25 years$5,904$4,500$3,386$2,519$1,857$827
26 years$5,616$4,230$3,140$2,303$1,673$716
27 years$5,350$3,981$2,916$2,108$1,508$620
28 years$5,104$3,751$2,711$1,932$1,361$537
29 years$4,875$3,539$2,523$1,771$1,229$465
30 years$4,661$3,342$2,350$1,626$1,110$403
31 years$4,462$3,159$2,191$1,493$1,004$350
32 years$4,276$2,989$2,044$1,372$908$303
33 years$4,101$2,831$1,908$1,262$822$263
34 years$3,937$2,683$1,783$1,161$744$228
35 years$3,783$2,545$1,667$1,069$674$198
36 years$3,637$2,415$1,560$984$610$172
37 years$3,500$2,294$1,460$907$553$149
38 years$3,370$2,180$1,367$836$502$130
39 years$3,247$2,073$1,281$771$455$112
40 years$3,131$1,972$1,200$711$413$98
41 years$3,020$1,877$1,126$656$374$85
42 years$2,916$1,788$1,056$605$340$74
43 years$2,816$1,704$991$559$308$64
44 years$2,721$1,624$930$516$280$56
45 years$2,630$1,549$873$477$254$48
46 years$2,544$1,477$820$440$231$42
47 years$2,462$1,410$771$407$209$36
48 years$2,383$1,346$724$376$190$32
49 years$2,308$1,285$681$347$173$27
50 years$2,236$1,228$640$321$157$24

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 $6,669 every year, while hoping to spend $55,814 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: 68/26/6 Blend
49$2,290,000$2,290,000$2,290,000$2,290,000
50$2,530,459$2,409,089$2,373,594$2,699,888
51$2,729,180$2,467,749$2,393,724$2,871,622
52$2,946,300$2,527,412$2,412,657$3,051,927
53$3,183,637$2,588,069$2,430,295$3,247,578
54$3,443,192$2,649,709$2,446,534$3,460,063
55$3,727,168$2,712,315$2,461,264$3,691,025
56$4,037,992$2,775,871$2,474,369$3,942,269
57$4,378,336$2,840,358$2,485,729$4,215,786
58$4,751,142$2,905,751$2,495,216$4,513,764
59$5,159,649$2,972,023$2,502,697$4,838,618
60$5,607,427$3,039,146$2,508,031$5,193,004
61$6,098,405$3,107,085$2,511,071$5,579,850
62$6,636,912$3,175,802$2,511,661$6,002,379
63$7,227,716$3,245,255$2,509,641$6,464,142
64$7,876,068$3,315,397$2,504,838$6,969,052
65$8,587,752$3,386,177$2,497,075$7,521,418
66$9,369,140$3,457,537$2,486,165$8,125,988
67$10,227,250$3,529,414$2,471,910$8,787,992
68$11,169,816$3,601,742$2,454,105$9,513,194
69$12,205,354$3,674,444$2,432,534$10,307,942
70$13,343,247$3,747,439$2,406,971$11,179,233
71$14,593,834$3,820,639$2,377,180$12,134,773
72$15,968,502$3,893,947$2,342,912$13,183,056
73$17,479,798$3,967,259$2,303,909$14,333,439
74$19,141,545$4,040,463$2,259,898$15,596,234
75$20,968,973$4,113,436$2,210,595$16,982,802
76$22,978,861$4,186,047$2,155,702$18,505,663
77$25,189,696$4,258,154$2,094,909$20,178,612
78$27,621,846$4,329,605$2,027,890$22,016,852
79$30,297,753$4,400,235$1,954,303$24,037,134
80$33,242,146$4,469,868$1,873,794$26,257,918
81$36,482,267$4,538,314$1,785,989$28,699,546
82$40,048,139$4,605,371$1,690,499$31,384,434
83$43,972,836$4,670,822$1,586,918$34,337,285
84$48,292,806$4,734,433$1,474,821$37,585,320
85$53,048,207$4,795,955$1,353,762$41,158,538
86$58,283,289$4,855,122$1,223,278$45,089,996
87$64,046,811$4,911,649$1,082,885$49,416,127
88$70,392,499$4,965,233$932,074$54,177,074
89$77,379,554$5,015,549$770,319$59,417,082
90$85,073,209$5,062,252$597,066$65,184,906
91$93,545,347$5,104,973$411,738$71,534,274
92$102,875,176$5,143,320$213,734$78,524,399
93$113,149,975$5,176,874$2,425$86,220,532
94$124,465,922$5,205,190$0$94,694,582
95$136,928,997$5,227,795$0$104,040,079
96$150,655,983$5,244,186$0$114,331,166
97$165,775,569$5,253,827$0$125,663,975
98$182,429,563$5,256,150$0$138,144,617
99$200,774,227$5,250,551$0$151,890,026
100$220,981,758$5,236,388$0$167,029,062