Can I retire at age 50 with 2,460,000?

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 $2,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$203,145$201,335$199,570$197,846$196,164$189,430
2 years$100,567$98,694$96,878$95,118$93,411$86,696
3 years$66,378$64,497$62,687$60,943$59,264$52,777
4 years$49,288$47,412$45,620$43,906$42,268$36,060
5 years$39,036$37,172$35,403$33,724$32,131$26,218
6 years$32,204$30,354$28,611$26,970$25,424$19,811
7 years$27,325$25,491$23,776$22,173$20,677$15,363
8 years$23,668$21,850$20,164$18,600$17,153$12,134
9 years$20,825$19,025$17,367$15,843$14,446$9,714
10 years$18,552$16,769$15,141$13,657$12,308$7,858
11 years$16,694$14,929$13,330$11,886$10,586$6,407
12 years$15,146$13,399$11,830$10,426$9,173$5,256
13 years$13,838$12,109$10,569$9,204$7,999$4,334
14 years$12,717$11,007$9,496$8,170$7,012$3,588
15 years$11,747$10,055$8,574$7,287$6,174$2,981
16 years$10,899$9,225$7,774$6,524$5,457$2,482
17 years$10,151$8,496$7,074$5,862$4,838$2,072
18 years$9,487$7,851$6,457$5,283$4,302$1,732
19 years$8,894$7,276$5,911$4,774$3,834$1,451
20 years$8,361$6,761$5,425$4,323$3,425$1,216
21 years$7,879$6,298$4,990$3,924$3,065$1,021
22 years$7,441$5,879$4,599$3,568$2,747$858
23 years$7,043$5,498$4,247$3,249$2,466$721
24 years$6,678$5,152$3,927$2,963$2,217$607
25 years$6,342$4,834$3,637$2,706$1,995$510
26 years$6,033$4,544$3,374$2,474$1,797$430
27 years$5,748$4,276$3,133$2,265$1,620$362
28 years$5,483$4,029$2,912$2,075$1,462$305
29 years$5,237$3,801$2,710$1,903$1,320$257
30 years$5,007$3,590$2,524$1,746$1,193$217
31 years$4,793$3,394$2,353$1,604$1,078$183
32 years$4,593$3,211$2,196$1,474$975$154
33 years$4,405$3,041$2,050$1,356$883$130
34 years$4,229$2,882$1,916$1,247$799$110
35 years$4,063$2,734$1,791$1,148$724$92
36 years$3,907$2,595$1,675$1,057$656$78
37 years$3,760$2,464$1,568$974$594$66
38 years$3,620$2,342$1,468$898$539$55
39 years$3,488$2,227$1,376$828$489$47
40 years$3,363$2,119$1,290$764$443$39
41 years$3,245$2,017$1,209$705$402$33
42 years$3,132$1,921$1,134$650$365$28
43 years$3,025$1,830$1,064$600$331$24
44 years$2,923$1,744$999$554$301$20
45 years$2,826$1,664$938$512$273$17
46 years$2,733$1,587$881$473$248$14
47 years$2,645$1,514$828$437$225$12
48 years$2,560$1,446$778$404$204$10
49 years$2,479$1,381$731$373$186$9
50 years$2,402$1,319$687$345$169$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,460,000, adding $2,151 every year, while hoping to spend $28,208 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: 43/38/19 Blend
49$2,460,000$2,460,000$2,460,000$2,460,000
50$2,713,139$2,582,759$2,544,629$2,814,711
51$2,959,866$2,679,301$2,599,861$2,983,173
52$3,230,814$2,779,628$2,655,998$3,162,645
53$3,528,423$2,883,896$2,713,040$3,356,502
54$3,855,382$2,992,267$2,770,987$3,566,082
55$4,214,654$3,104,911$2,829,838$3,792,856
56$4,609,501$3,222,005$2,889,590$4,038,441
57$5,043,519$3,343,731$2,950,240$4,304,613
58$5,520,668$3,470,284$3,011,782$4,593,324
59$6,045,311$3,601,863$3,074,212$4,906,721
60$6,622,256$3,738,678$3,137,522$5,247,165
61$7,256,800$3,880,946$3,201,702$5,617,250
62$7,954,778$4,028,897$3,266,744$6,019,831
63$8,722,620$4,182,768$3,332,635$6,458,046
64$9,567,410$4,342,807$3,399,361$6,935,350
65$10,496,954$4,509,272$3,466,908$7,455,542
66$11,519,852$4,682,435$3,535,258$8,022,801
67$12,645,581$4,862,578$3,604,392$8,641,726
68$13,884,580$5,049,994$3,674,289$9,317,378
69$15,248,356$5,244,993$3,744,927$10,055,328
70$16,749,585$5,447,894$3,816,278$10,861,706
71$18,402,234$5,659,033$3,888,316$11,743,258
72$20,221,696$5,878,759$3,961,008$12,707,411
73$22,224,930$6,107,440$4,034,323$13,762,341
74$24,430,624$6,345,455$4,108,223$14,917,048
75$26,859,368$6,593,203$4,182,670$16,181,442
76$29,533,855$6,851,101$4,257,620$17,566,432
77$32,479,086$7,119,583$4,333,029$19,084,031
78$35,722,614$7,399,103$4,408,846$20,747,465
79$39,294,797$7,690,135$4,485,018$22,571,299
80$43,229,089$7,993,175$4,561,490$24,571,572
81$47,562,356$8,308,740$4,638,199$26,765,947
82$52,335,218$8,637,371$4,715,081$29,173,877
83$57,592,440$8,979,632$4,792,066$31,816,783
84$63,383,348$9,336,113$4,869,079$34,718,261
85$69,762,298$9,707,431$4,946,042$37,904,299
86$76,789,187$10,094,229$5,022,868$41,403,519
87$84,530,019$10,497,181$5,099,470$45,247,449
88$93,057,528$10,916,991$5,175,750$49,470,817
89$102,451,865$11,354,393$5,251,606$54,111,875
90$112,801,353$11,810,155$5,326,932$59,212,762
91$124,203,319$12,285,080$5,401,612$64,819,895
92$136,765,016$12,780,009$5,475,526$70,984,409
93$150,604,636$13,295,817$5,548,543$77,762,632
94$165,852,418$13,833,421$5,620,529$85,216,621
95$182,651,886$14,393,780$5,691,338$93,414,739
96$201,161,200$14,977,897$5,760,820$102,432,301
97$221,554,647$15,586,818$5,828,811$112,352,282
98$244,024,287$16,221,639$5,895,143$123,266,095
99$268,781,770$16,883,505$5,959,636$135,274,452
100$296,060,327$17,573,613$6,022,100$148,488,314