Can I retire at age 50 with 2,450,000?

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 $2,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$202,319$200,517$198,758$197,042$195,366$188,360
2 years$100,158$98,292$96,485$94,732$93,032$86,048
3 years$66,109$64,235$62,432$60,696$59,023$52,283
4 years$49,087$47,220$45,434$43,728$42,096$35,650
5 years$38,877$37,021$35,259$33,587$32,001$25,866
6 years$32,073$30,230$28,495$26,860$25,321$19,502
7 years$27,214$25,387$23,679$22,083$20,593$15,088
8 years$23,572$21,762$20,082$18,525$17,084$11,889
9 years$20,741$18,947$17,296$15,779$14,387$9,495
10 years$18,477$16,701$15,079$13,602$12,258$7,661
11 years$16,626$14,868$13,276$11,838$10,543$6,230
12 years$15,085$13,345$11,782$10,383$9,136$5,098
13 years$13,782$12,060$10,526$9,167$7,967$4,192
14 years$12,666$10,962$9,458$8,137$6,984$3,461
15 years$11,699$10,014$8,539$7,257$6,149$2,867
16 years$10,854$9,188$7,742$6,498$5,434$2,380
17 years$10,110$8,462$7,045$5,838$4,819$1,981
18 years$9,449$7,819$6,431$5,261$4,284$1,651
19 years$8,858$7,246$5,887$4,754$3,819$1,379
20 years$8,327$6,734$5,403$4,306$3,411$1,153
21 years$7,847$6,272$4,970$3,908$3,052$964
22 years$7,411$5,855$4,580$3,553$2,736$808
23 years$7,014$5,476$4,229$3,236$2,456$677
24 years$6,650$5,131$3,911$2,951$2,208$567
25 years$6,316$4,815$3,623$2,695$1,987$476
26 years$6,009$4,525$3,360$2,464$1,789$400
27 years$5,724$4,259$3,120$2,256$1,613$335
28 years$5,461$4,013$2,900$2,067$1,456$282
29 years$5,215$3,786$2,699$1,895$1,314$237
30 years$4,987$3,575$2,514$1,739$1,188$199
31 years$4,774$3,380$2,344$1,597$1,074$167
32 years$4,575$3,198$2,187$1,468$971$140
33 years$4,388$3,029$2,042$1,350$879$118
34 years$4,212$2,870$1,908$1,242$796$99
35 years$4,047$2,722$1,784$1,143$721$83
36 years$3,891$2,584$1,669$1,053$653$70
37 years$3,744$2,454$1,562$970$592$59
38 years$3,605$2,332$1,462$894$537$50
39 years$3,474$2,218$1,370$825$487$42
40 years$3,350$2,110$1,284$761$441$35
41 years$3,231$2,009$1,204$702$400$29
42 years$3,119$1,913$1,130$648$363$25
43 years$3,013$1,823$1,060$598$330$21
44 years$2,911$1,737$995$552$299$18
45 years$2,814$1,657$934$510$272$15
46 years$2,722$1,580$877$471$247$12
47 years$2,634$1,508$824$435$224$10
48 years$2,550$1,440$775$402$203$9
49 years$2,469$1,375$728$372$185$7
50 years$2,392$1,313$685$343$168$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,450,000, adding $6,683 every year, while hoping to spend $54,109 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: 45/26/29 Blend
49$2,450,000$2,450,000$2,450,000$2,450,000
50$2,706,794$2,576,944$2,538,969$2,805,630
51$2,925,315$2,645,642$2,566,452$2,945,376
52$3,164,312$2,715,894$2,593,043$3,091,148
53$3,425,816$2,787,717$2,618,655$3,248,221
54$3,712,064$2,861,130$2,643,194$3,417,681
55$4,025,519$2,936,149$2,666,566$3,600,725
56$4,368,893$3,012,792$2,688,667$3,798,672
57$4,745,174$3,091,073$2,709,391$4,012,976
58$5,157,651$3,171,004$2,728,625$4,245,238
59$5,609,948$3,252,600$2,746,250$4,497,223
60$6,106,054$3,335,869$2,762,141$4,770,875
61$6,650,366$3,420,821$2,776,168$5,068,337
62$7,247,725$3,507,463$2,788,191$5,391,970
63$7,903,464$3,595,799$2,798,066$5,744,378
64$8,623,457$3,685,833$2,805,641$6,128,428
65$9,414,175$3,777,564$2,810,755$6,547,283
66$10,282,747$3,870,991$2,813,241$7,004,425
67$11,237,025$3,966,107$2,812,923$7,503,696
68$12,285,661$4,062,906$2,809,616$8,049,328
69$13,438,185$4,161,376$2,803,125$8,645,986
70$14,705,098$4,261,501$2,793,247$9,298,812
71$16,097,966$4,363,263$2,779,769$10,013,474
72$17,629,535$4,466,639$2,762,468$10,796,219
73$19,313,846$4,571,602$2,741,109$11,653,932
74$21,166,369$4,678,121$2,715,446$12,594,204
75$23,204,147$4,786,158$2,685,223$13,625,399
76$25,445,962$4,895,672$2,650,169$14,756,739
77$27,912,504$5,006,614$2,610,004$15,998,386
78$30,626,572$5,118,930$2,564,431$17,361,544
79$33,613,285$5,232,560$2,513,142$18,858,561
80$36,900,320$5,347,436$2,455,813$20,503,046
81$40,518,176$5,463,483$2,392,106$22,310,002
82$44,500,454$5,580,618$2,321,666$24,295,964
83$48,884,182$5,698,750$2,244,123$26,479,157
84$53,710,157$5,817,778$2,159,090$28,879,671
85$59,023,336$5,937,591$2,066,162$31,519,647
86$64,873,253$6,058,070$1,964,915$34,423,490
87$71,314,491$6,179,082$1,854,906$37,618,101
88$78,407,198$6,300,485$1,735,674$41,133,129
89$86,217,647$6,422,124$1,606,734$45,001,252
90$94,818,869$6,543,830$1,467,582$49,258,489
91$104,291,336$6,665,421$1,317,689$53,944,538
92$114,723,726$6,786,699$1,156,504$59,103,157
93$126,213,751$6,907,453$983,452$64,782,570
94$138,869,087$7,027,451$797,931$71,035,932
95$152,808,385$7,146,448$599,314$77,921,827
96$168,162,394$7,264,177$386,944$85,504,825
97$185,075,189$7,380,353$160,138$93,856,089
98$203,705,537$7,494,669$0$103,054,055
99$224,228,390$7,606,796$0$113,210,513
100$246,836,537$7,716,380$0$124,449,922