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

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$206,448$204,609$202,815$201,063$199,354$194,455
2 years$102,202$100,298$98,454$96,665$94,930$90,026
3 years$67,458$65,546$63,706$61,934$60,228$55,470
4 years$50,089$48,183$46,362$44,620$42,955$38,381
5 years$39,671$37,776$35,979$34,273$32,654$28,276
6 years$32,727$30,847$29,076$27,408$25,838$21,660
7 years$27,770$25,905$24,162$22,534$21,013$17,037
8 years$24,053$22,206$20,492$18,903$17,432$13,655
9 years$21,164$19,334$17,649$16,101$14,680$11,100
10 years$18,854$17,042$15,387$13,879$12,509$9,120
11 years$16,965$15,172$13,547$12,079$10,758$7,557
12 years$15,393$13,617$12,022$10,595$9,322$6,303
13 years$14,063$12,306$10,741$9,354$8,129$5,286
14 years$12,924$11,186$9,651$8,303$7,126$4,453
15 years$11,938$10,218$8,713$7,405$6,274$3,764
16 years$11,076$9,375$7,900$6,630$5,545$3,192
17 years$10,316$8,634$7,189$5,957$4,917$2,713
18 years$9,642$7,978$6,562$5,369$4,372$2,311
19 years$9,039$7,394$6,008$4,851$3,897$1,972
20 years$8,497$6,871$5,513$4,394$3,481$1,685
21 years$8,007$6,400$5,071$3,988$3,115$1,442
22 years$7,562$5,974$4,674$3,626$2,792$1,235
23 years$7,157$5,588$4,316$3,302$2,506$1,059
24 years$6,786$5,235$3,991$3,012$2,253$909
25 years$6,445$4,913$3,697$2,750$2,027$780
26 years$6,131$4,617$3,428$2,515$1,826$670
27 years$5,841$4,346$3,184$2,302$1,646$576
28 years$5,572$4,095$2,960$2,109$1,485$495
29 years$5,322$3,863$2,754$1,934$1,341$426
30 years$5,089$3,648$2,565$1,775$1,212$367
31 years$4,871$3,449$2,392$1,630$1,096$316
32 years$4,668$3,263$2,231$1,498$991$272
33 years$4,477$3,090$2,084$1,378$897$234
34 years$4,298$2,929$1,947$1,268$812$201
35 years$4,129$2,778$1,820$1,167$736$174
36 years$3,971$2,637$1,703$1,075$666$149
37 years$3,821$2,504$1,594$990$604$129
38 years$3,679$2,380$1,492$913$548$111
39 years$3,545$2,263$1,398$841$497$96
40 years$3,418$2,153$1,310$776$450$82
41 years$3,297$2,050$1,229$716$409$71
42 years$3,183$1,952$1,153$661$371$61
43 years$3,074$1,860$1,082$610$337$53
44 years$2,970$1,773$1,015$563$305$45
45 years$2,872$1,691$953$520$277$39
46 years$2,777$1,613$895$481$252$34
47 years$2,688$1,539$841$444$229$29
48 years$2,602$1,469$791$410$208$25
49 years$2,519$1,403$743$379$189$22
50 years$2,441$1,340$699$350$171$19

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 $3,668 every year, while hoping to spend $53,958 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: 34/46/20 Blend
49$2,500,000$2,500,000$2,500,000$2,500,000
50$2,758,784$2,626,284$2,587,534$2,835,549
51$2,982,769$2,697,561$2,616,805$2,963,828
52$3,227,792$2,770,522$2,645,249$3,096,835
53$3,495,942$2,845,192$2,672,780$3,239,147
54$3,789,519$2,921,598$2,699,309$3,391,619
55$4,111,056$2,999,763$2,724,742$3,555,194
56$4,463,343$3,079,710$2,748,980$3,730,908
57$4,849,451$3,161,463$2,771,918$3,919,900
58$5,272,764$3,245,044$2,793,446$4,123,427
59$5,737,008$3,330,473$2,813,449$4,342,871
60$6,246,287$3,417,770$2,831,803$4,579,754
61$6,805,121$3,506,954$2,848,382$4,835,753
62$7,418,491$3,598,043$2,863,051$5,112,714
63$8,091,881$3,691,051$2,875,667$5,412,670
64$8,831,333$3,785,992$2,886,081$5,737,862
65$9,643,503$3,882,879$2,894,139$6,090,756
66$10,535,722$3,981,722$2,899,674$6,474,070
67$11,516,067$4,082,528$2,902,515$6,890,801
68$12,593,438$4,185,304$2,902,481$7,344,246
69$13,777,636$4,290,052$2,899,382$7,838,042
70$15,079,463$4,396,772$2,893,019$8,376,193
71$16,510,815$4,505,461$2,883,182$8,963,115
72$18,084,803$4,616,113$2,869,653$9,603,669
73$19,815,869$4,728,718$2,852,203$10,303,216
74$21,719,925$4,843,263$2,830,589$11,067,662
75$23,814,505$4,959,731$2,804,562$11,903,515
76$26,118,925$5,078,098$2,773,855$12,817,948
77$28,654,469$5,198,339$2,738,193$13,818,867
78$31,444,588$5,320,421$2,697,286$14,914,981
79$34,515,122$5,444,307$2,650,830$16,115,893
80$37,894,540$5,569,953$2,598,509$17,432,184
81$41,614,213$5,697,311$2,539,989$18,875,514
82$45,708,708$5,826,324$2,474,923$20,458,738
83$50,216,111$5,956,929$2,402,948$22,196,018
84$55,178,390$6,089,055$2,323,683$24,102,969
85$60,641,789$6,222,622$2,236,730$26,196,795
86$66,657,264$6,357,542$2,141,672$28,496,461
87$73,280,963$6,493,720$2,038,076$31,022,869
88$80,574,755$6,631,046$1,925,486$33,799,053
89$88,606,817$6,769,405$1,803,427$36,850,404
90$97,452,273$6,908,666$1,671,402$40,204,905
91$107,193,904$7,048,689$1,528,893$43,893,397
92$117,922,928$7,189,321$1,375,356$47,949,871
93$129,739,862$7,330,394$1,210,227$52,411,794
94$142,755,471$7,471,726$1,032,913$57,320,455
95$157,091,810$7,613,121$842,796$62,721,365
96$172,883,376$7,754,366$639,231$68,664,681
97$190,278,381$7,895,230$421,546$75,205,685
98$209,440,145$8,035,465$189,037$82,405,305
99$230,548,639$8,174,803$0$90,330,693
100$253,802,187$8,312,954$0$99,068,469