Can I retire at age 50 with 2,500,000?

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$206,448$204,609$202,815$201,063$199,354$194,851
2 years$102,202$100,298$98,454$96,665$94,930$90,418
3 years$67,458$65,546$63,706$61,934$60,228$55,847
4 years$50,089$48,183$46,362$44,620$42,955$38,739
5 years$39,671$37,776$35,979$34,273$32,654$28,615
6 years$32,727$30,847$29,076$27,408$25,838$21,980
7 years$27,770$25,905$24,162$22,534$21,013$17,337
8 years$24,053$22,206$20,492$18,903$17,432$13,937
9 years$21,164$19,334$17,649$16,101$14,680$11,363
10 years$18,854$17,042$15,387$13,879$12,509$9,365
11 years$16,965$15,172$13,547$12,079$10,758$7,784
12 years$15,393$13,617$12,022$10,595$9,322$6,514
13 years$14,063$12,306$10,741$9,354$8,129$5,482
14 years$12,924$11,186$9,651$8,303$7,126$4,633
15 years$11,938$10,218$8,713$7,405$6,274$3,930
16 years$11,076$9,375$7,900$6,630$5,545$3,345
17 years$10,316$8,634$7,189$5,957$4,917$2,853
18 years$9,642$7,978$6,562$5,369$4,372$2,439
19 years$9,039$7,394$6,008$4,851$3,897$2,089
20 years$8,497$6,871$5,513$4,394$3,481$1,792
21 years$8,007$6,400$5,071$3,988$3,115$1,540
22 years$7,562$5,974$4,674$3,626$2,792$1,324
23 years$7,157$5,588$4,316$3,302$2,506$1,140
24 years$6,786$5,235$3,991$3,012$2,253$982
25 years$6,445$4,913$3,697$2,750$2,027$846
26 years$6,131$4,617$3,428$2,515$1,826$730
27 years$5,841$4,346$3,184$2,302$1,646$630
28 years$5,572$4,095$2,960$2,109$1,485$544
29 years$5,322$3,863$2,754$1,934$1,341$470
30 years$5,089$3,648$2,565$1,775$1,212$406
31 years$4,871$3,449$2,392$1,630$1,096$351
32 years$4,668$3,263$2,231$1,498$991$303
33 years$4,477$3,090$2,084$1,378$897$262
34 years$4,298$2,929$1,947$1,268$812$227
35 years$4,129$2,778$1,820$1,167$736$196
36 years$3,971$2,637$1,703$1,075$666$170
37 years$3,821$2,504$1,594$990$604$147
38 years$3,679$2,380$1,492$913$548$127
39 years$3,545$2,263$1,398$841$497$110
40 years$3,418$2,153$1,310$776$450$95
41 years$3,297$2,050$1,229$716$409$82
42 years$3,183$1,952$1,153$661$371$71
43 years$3,074$1,860$1,082$610$337$62
44 years$2,970$1,773$1,015$563$305$53
45 years$2,872$1,691$953$520$277$46
46 years$2,777$1,613$895$481$252$40
47 years$2,688$1,539$841$444$229$35
48 years$2,602$1,469$791$410$208$30
49 years$2,519$1,403$743$379$189$26
50 years$2,441$1,340$699$350$171$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,500,000, adding $5,419 every year, while hoping to spend $51,836 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: 67/23/10 Blend
49$2,500,000$2,500,000$2,500,000$2,500,000
50$2,760,590$2,628,090$2,589,340$2,939,478
51$2,987,017$2,701,713$2,620,929$3,132,725
52$3,234,802$2,777,207$2,651,840$3,337,228
53$3,506,069$2,854,607$2,681,994$3,559,455
54$3,803,157$2,933,952$2,711,310$3,801,133
55$4,128,642$3,015,278$2,739,701$4,064,165
56$4,485,359$3,098,622$2,767,077$4,350,645
57$4,876,432$3,184,021$2,793,341$4,662,877
58$5,305,302$3,271,512$2,818,392$5,003,400
59$5,775,759$3,361,132$2,842,123$5,375,012
60$6,291,975$3,452,917$2,864,424$5,780,789
61$6,858,549$3,546,902$2,885,174$6,224,124
62$7,480,544$3,643,123$2,904,251$6,708,751
63$8,163,539$3,741,616$2,921,523$7,238,785
64$8,913,679$3,842,414$2,936,853$7,818,757
65$9,737,734$3,945,551$2,950,096$8,453,657
66$10,643,159$4,051,060$2,961,101$9,148,985
67$11,638,172$4,158,973$2,969,709$9,910,798
68$12,731,823$4,269,319$2,975,751$10,745,768
69$13,934,082$4,382,129$2,979,052$11,661,248
70$15,255,936$4,497,431$2,979,428$12,665,335
71$16,709,487$4,615,251$2,976,684$13,766,952
72$18,308,069$4,735,613$2,970,618$14,975,931
73$20,066,375$4,858,541$2,961,017$16,303,101
74$22,000,591$4,984,055$2,947,656$17,760,397
75$24,128,552$5,112,174$2,930,303$19,360,968
76$26,469,907$5,242,914$2,908,711$21,119,299
77$29,046,308$5,376,287$2,882,624$23,051,355
78$31,881,611$5,512,305$2,851,771$25,174,724
79$35,002,102$5,650,973$2,815,871$27,508,786
80$38,436,741$5,792,297$2,774,629$30,074,896
81$42,217,444$5,936,274$2,727,734$32,896,585
82$46,379,373$6,082,902$2,674,863$35,999,782
83$50,961,275$6,232,170$2,615,677$39,413,058
84$56,005,844$6,384,065$2,549,821$43,167,895
85$61,560,125$6,538,569$2,476,924$47,298,987
86$67,675,955$6,695,656$2,396,598$51,844,562
87$74,410,456$6,855,297$2,308,438$56,846,745
88$81,826,570$7,017,453$2,212,018$62,351,957
89$89,993,654$7,182,083$2,106,895$68,411,352
90$98,988,135$7,349,133$1,992,604$75,081,298
91$108,894,230$7,518,546$1,868,661$82,423,911
92$119,804,740$7,690,253$1,734,560$90,507,644
93$131,821,925$7,864,177$1,589,769$99,407,925
94$145,058,472$8,040,232$1,433,737$109,207,879
95$159,638,554$8,218,322$1,265,886$119,999,104
96$175,699,005$8,398,338$1,085,611$131,882,542
97$193,390,607$8,580,160$892,282$144,969,429
98$212,879,516$8,763,655$685,241$159,382,345
99$234,348,832$8,948,679$463,802$175,256,373
100$258,000,319$9,135,070$227,245$192,740,373