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%17.2%
1 years$206,448$204,609$202,815$201,063$199,354$193,515
2 years$102,202$100,298$98,454$96,665$94,930$89,095
3 years$67,458$65,546$63,706$61,934$60,228$54,579
4 years$50,089$48,183$46,362$44,620$42,955$37,536
5 years$39,671$37,776$35,979$34,273$32,654$27,479
6 years$32,727$30,847$29,076$27,408$25,838$20,913
7 years$27,770$25,905$24,162$22,534$21,013$16,337
8 years$24,053$22,206$20,492$18,903$17,432$13,003
9 years$21,164$19,334$17,649$16,101$14,680$10,493
10 years$18,854$17,042$15,387$13,879$12,509$8,557
11 years$16,965$15,172$13,547$12,079$10,758$7,036
12 years$15,393$13,617$12,022$10,595$9,322$5,823
13 years$14,063$12,306$10,741$9,354$8,129$4,844
14 years$12,924$11,186$9,651$8,303$7,126$4,047
15 years$11,938$10,218$8,713$7,405$6,274$3,392
16 years$11,076$9,375$7,900$6,630$5,545$2,852
17 years$10,316$8,634$7,189$5,957$4,917$2,403
18 years$9,642$7,978$6,562$5,369$4,372$2,029
19 years$9,039$7,394$6,008$4,851$3,897$1,716
20 years$8,497$6,871$5,513$4,394$3,481$1,453
21 years$8,007$6,400$5,071$3,988$3,115$1,232
22 years$7,562$5,974$4,674$3,626$2,792$1,045
23 years$7,157$5,588$4,316$3,302$2,506$888
24 years$6,786$5,235$3,991$3,012$2,253$755
25 years$6,445$4,913$3,697$2,750$2,027$642
26 years$6,131$4,617$3,428$2,515$1,826$546
27 years$5,841$4,346$3,184$2,302$1,646$465
28 years$5,572$4,095$2,960$2,109$1,485$396
29 years$5,322$3,863$2,754$1,934$1,341$337
30 years$5,089$3,648$2,565$1,775$1,212$287
31 years$4,871$3,449$2,392$1,630$1,096$245
32 years$4,668$3,263$2,231$1,498$991$209
33 years$4,477$3,090$2,084$1,378$897$178
34 years$4,298$2,929$1,947$1,268$812$152
35 years$4,129$2,778$1,820$1,167$736$129
36 years$3,971$2,637$1,703$1,075$666$110
37 years$3,821$2,504$1,594$990$604$94
38 years$3,679$2,380$1,492$913$548$80
39 years$3,545$2,263$1,398$841$497$68
40 years$3,418$2,153$1,310$776$450$58
41 years$3,297$2,050$1,229$716$409$50
42 years$3,183$1,952$1,153$661$371$42
43 years$3,074$1,860$1,082$610$337$36
44 years$2,970$1,773$1,015$563$305$31
45 years$2,872$1,691$953$520$277$26
46 years$2,777$1,613$895$481$252$22
47 years$2,688$1,539$841$444$229$19
48 years$2,602$1,469$791$410$208$16
49 years$2,519$1,403$743$379$189$14
50 years$2,441$1,340$699$350$171$12

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 $2,622 every year, while hoping to spend $57,932 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: 53/17/30 Blend
49$2,500,000$2,500,000$2,500,000$2,500,000
50$2,757,705$2,625,205$2,586,455$2,880,552
51$2,977,351$2,692,200$2,611,462$3,033,201
52$3,217,460$2,760,537$2,635,365$3,193,177
53$3,480,058$2,830,220$2,658,066$3,366,160
54$3,767,374$2,901,251$2,679,462$3,553,420
55$4,081,866$2,973,632$2,699,443$3,756,359
56$4,426,237$3,047,362$2,717,896$3,976,522
57$4,803,468$3,122,436$2,734,699$4,215,609
58$5,216,837$3,198,851$2,749,727$4,475,498
59$5,669,957$3,276,598$2,762,846$4,758,254
60$6,166,807$3,355,666$2,773,916$5,066,157
61$6,711,769$3,436,041$2,782,790$5,401,718
62$7,309,670$3,517,707$2,789,313$5,767,706
63$7,965,825$3,600,644$2,793,325$6,167,171
64$8,686,091$3,684,828$2,794,653$6,603,478
65$9,476,919$3,770,230$2,793,120$7,080,334
66$10,345,413$3,856,820$2,788,538$7,601,825
67$11,299,403$3,944,562$2,780,711$8,172,456
68$12,347,510$4,033,413$2,769,433$8,797,193
69$13,499,234$4,123,329$2,754,487$9,481,508
70$14,765,041$4,214,257$2,735,648$10,231,435
71$16,156,460$4,306,140$2,712,677$11,053,624
72$17,686,194$4,398,916$2,685,326$11,955,407
73$19,368,236$4,492,513$2,653,335$12,944,862
74$21,218,005$4,586,855$2,616,431$14,030,899
75$23,252,488$4,681,858$2,574,328$15,223,334
76$25,490,401$4,777,428$2,526,727$16,532,990
77$27,952,366$4,873,466$2,473,316$17,971,796
78$30,661,102$4,969,860$2,413,767$19,552,903
79$33,641,643$5,066,492$2,347,737$21,290,802
80$36,921,572$5,163,232$2,274,868$23,201,472
81$40,531,282$5,259,940$2,194,785$25,302,520
82$44,504,258$5,356,463$2,107,096$27,613,359
83$48,877,400$5,452,637$2,011,392$30,155,381
84$53,691,364$5,548,285$1,907,243$32,952,170
85$58,990,950$5,643,218$1,794,202$36,029,718
86$64,825,519$5,737,228$1,671,800$39,416,675
87$71,249,466$5,830,096$1,539,549$43,144,619
88$78,322,725$5,921,584$1,396,938$47,248,355
89$86,111,340$6,011,439$1,243,432$51,766,245
90$94,688,084$6,099,387$1,078,474$56,740,574
91$104,133,148$6,185,136$901,482$62,217,945
92$114,534,895$6,268,373$711,847$68,249,723
93$125,990,695$6,348,764$508,935$74,892,522
94$138,607,844$6,425,951$292,082$82,208,741
95$152,504,574$6,499,553$60,597$90,267,152
96$167,811,170$6,569,161$0$99,143,554
97$184,671,200$6,634,341$0$108,981,167
98$203,242,867$6,694,628$0$119,836,964
99$223,700,503$6,749,528$0$131,793,259
100$246,236,214$6,798,514$0$144,962,158