Can I retire at age 50 with 2,310,000?

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 $2,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$190,758$189,058$187,401$185,783$184,203$182,736
2 years$94,434$92,676$90,971$89,319$87,716$86,237
3 years$62,331$60,565$58,864$57,227$55,650$54,206
4 years$46,282$44,521$42,838$41,229$39,690$38,291
5 years$36,656$34,905$33,244$31,668$30,172$28,822
6 years$30,240$28,503$26,866$25,325$23,874$22,575
7 years$25,659$23,937$22,326$20,821$19,416$18,168
8 years$22,225$20,518$18,934$17,466$16,107$14,911
9 years$19,556$17,865$16,308$14,877$13,565$12,420
10 years$17,421$15,747$14,218$12,824$11,558$10,463
11 years$15,676$14,019$12,517$11,161$9,940$8,896
12 years$14,223$12,582$11,109$9,790$8,614$7,618
13 years$12,994$11,371$9,925$8,643$7,512$6,563
14 years$11,942$10,336$8,917$7,672$6,585$5,683
15 years$11,031$9,442$8,051$6,842$5,798$4,941
16 years$10,234$8,663$7,300$6,127$5,124$4,312
17 years$9,532$7,978$6,642$5,505$4,543$3,774
18 years$8,909$7,372$6,064$4,961$4,040$3,311
19 years$8,352$6,832$5,551$4,482$3,601$2,912
20 years$7,851$6,349$5,094$4,060$3,216$2,566
21 years$7,398$5,914$4,686$3,684$2,878$2,264
22 years$6,988$5,520$4,319$3,350$2,580$2,001
23 years$6,613$5,163$3,988$3,051$2,316$1,771
24 years$6,270$4,837$3,688$2,783$2,081$1,569
25 years$5,956$4,540$3,416$2,541$1,873$1,392
26 years$5,665$4,267$3,168$2,324$1,687$1,235
27 years$5,397$4,015$2,942$2,127$1,521$1,097
28 years$5,148$3,784$2,735$1,949$1,372$975
29 years$4,917$3,569$2,545$1,787$1,239$868
30 years$4,702$3,371$2,370$1,640$1,120$772
31 years$4,501$3,187$2,210$1,506$1,012$687
32 years$4,313$3,015$2,062$1,384$916$612
33 years$4,137$2,855$1,925$1,273$829$545
34 years$3,971$2,706$1,799$1,171$750$486
35 years$3,816$2,567$1,682$1,078$680$433
36 years$3,669$2,436$1,573$993$616$386
37 years$3,530$2,314$1,472$915$558$345
38 years$3,399$2,199$1,379$843$506$308
39 years$3,276$2,091$1,292$778$459$274
40 years$3,158$1,990$1,211$717$416$245
41 years$3,047$1,894$1,135$662$378$219
42 years$2,941$1,804$1,065$611$343$195
43 years$2,840$1,719$999$564$311$174
44 years$2,745$1,638$938$520$282$156
45 years$2,653$1,562$881$481$256$139
46 years$2,566$1,490$827$444$233$124
47 years$2,483$1,422$777$410$211$111
48 years$2,404$1,358$730$379$192$99
49 years$2,328$1,296$687$350$174$88
50 years$2,255$1,238$645$324$158$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,310,000, adding $2,632 every year, while hoping to spend $44,864 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: 63/21/16 Blend
49$2,310,000$2,310,000$2,310,000$2,310,000
50$2,548,335$2,425,905$2,390,100$2,698,620
51$2,760,530$2,497,039$2,422,433$2,870,987
52$2,992,866$2,570,156$2,454,346$3,053,792
53$3,247,348$2,645,304$2,485,777$3,252,345
54$3,526,188$2,722,534$2,516,661$3,468,180
55$3,831,820$2,801,898$2,546,930$3,702,988
56$4,166,923$2,883,449$2,576,510$3,958,629
57$4,534,452$2,967,241$2,605,325$4,237,153
58$4,937,657$3,053,326$2,633,294$4,540,816
59$5,380,120$3,141,762$2,660,332$4,872,102
60$5,865,788$3,232,604$2,686,349$5,233,750
61$6,399,006$3,325,909$2,711,250$5,628,773
62$6,984,563$3,421,736$2,734,934$6,060,491
63$7,627,730$3,520,144$2,757,297$6,532,562
64$8,334,320$3,621,192$2,778,227$7,049,013
65$9,110,731$3,724,941$2,797,608$7,614,284
66$9,964,015$3,831,452$2,815,317$8,233,262
67$10,901,939$3,940,788$2,831,225$8,911,333
68$11,933,062$4,053,012$2,845,196$9,654,430
69$13,066,812$4,168,187$2,857,088$10,469,089
70$14,313,576$4,286,378$2,866,750$11,362,512
71$15,684,800$4,407,650$2,874,026$12,342,632
72$17,193,093$4,532,068$2,878,749$13,418,192
73$18,852,348$4,659,698$2,880,746$14,598,823
74$20,677,872$4,790,608$2,879,835$15,895,136
75$22,686,531$4,924,863$2,875,826$17,318,825
76$24,896,907$5,062,532$2,868,516$18,882,773
77$27,329,477$5,203,682$2,857,697$20,601,174
78$30,006,802$5,348,380$2,843,148$22,489,672
79$32,953,739$5,496,694$2,824,637$24,565,502
80$36,197,681$5,648,693$2,801,923$26,847,655
81$39,768,809$5,804,443$2,774,752$29,357,059
82$43,700,379$5,964,013$2,742,857$32,116,773
83$48,029,037$6,127,468$2,705,962$35,152,208
84$52,795,161$6,294,877$2,663,774$38,491,364
85$58,043,245$6,466,303$2,615,989$42,165,095
86$63,822,318$6,641,814$2,562,286$46,207,402
87$70,186,404$6,821,473$2,502,332$50,655,751
88$77,195,035$7,005,342$2,435,778$55,551,429
89$84,913,809$7,193,484$2,362,256$60,939,932
90$93,415,011$7,385,959$2,281,386$66,871,394
91$102,778,296$7,582,824$2,192,766$73,401,065
92$113,091,437$7,784,137$2,095,978$80,589,824
93$124,451,155$7,989,952$1,990,586$88,504,762
94$136,964,033$8,200,320$1,876,131$97,219,810
95$150,747,519$8,415,290$1,752,136$106,816,441
96$165,931,035$8,634,909$1,618,101$117,384,435
97$182,657,199$8,859,217$1,473,505$129,022,729
98$201,083,168$9,088,254$1,317,803$141,840,351
99$221,382,128$9,322,055$1,150,426$155,957,449
100$243,744,918$9,560,648$970,778$171,506,425