Can I retire at age 50 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$207,273$205,427$203,626$201,868$200,151$197,814
2 years$102,611$100,700$98,848$97,052$95,310$92,958
3 years$67,728$65,808$63,961$62,182$60,469$58,174
4 years$50,289$48,376$46,547$44,799$43,127$40,908
5 years$39,829$37,927$36,122$34,410$32,784$30,647
6 years$32,858$30,971$29,192$27,518$25,941$23,888
7 years$27,881$26,009$24,259$22,624$21,097$19,130
8 years$24,149$22,295$20,574$18,979$17,502$15,620
9 years$21,249$19,411$17,720$16,166$14,739$12,941
10 years$18,930$17,110$15,449$13,935$12,559$10,844
11 years$17,033$15,232$13,601$12,127$10,801$9,168
12 years$15,454$13,672$12,070$10,637$9,360$7,807
13 years$14,119$12,355$10,784$9,391$8,162$6,687
14 years$12,976$11,230$9,690$8,337$7,155$5,756
15 years$11,986$10,259$8,748$7,435$6,300$4,974
16 years$11,120$9,413$7,932$6,657$5,568$4,314
17 years$10,357$8,669$7,217$5,981$4,937$3,752
18 years$9,680$8,010$6,589$5,390$4,389$3,271
19 years$9,075$7,424$6,032$4,871$3,912$2,858
20 years$8,531$6,899$5,535$4,411$3,495$2,502
21 years$8,039$6,426$5,092$4,003$3,127$2,193
22 years$7,593$5,998$4,693$3,640$2,803$1,925
23 years$7,186$5,610$4,333$3,315$2,516$1,692
24 years$6,813$5,256$4,007$3,024$2,262$1,489
25 years$6,471$4,933$3,711$2,761$2,035$1,311
26 years$6,156$4,636$3,442$2,525$1,833$1,156
27 years$5,864$4,363$3,196$2,311$1,653$1,019
28 years$5,594$4,111$2,971$2,117$1,491$899
29 years$5,343$3,878$2,765$1,942$1,347$794
30 years$5,109$3,663$2,576$1,782$1,217$702
31 years$4,891$3,463$2,401$1,637$1,100$620
32 years$4,687$3,276$2,240$1,504$995$548
33 years$4,495$3,103$2,092$1,383$901$485
34 years$4,315$2,941$1,954$1,273$815$429
35 years$4,146$2,789$1,827$1,171$738$379
36 years$3,986$2,647$1,709$1,079$669$336
37 years$3,836$2,514$1,600$994$606$297
38 years$3,694$2,390$1,498$916$550$263
39 years$3,559$2,272$1,404$845$499$233
40 years$3,432$2,162$1,316$779$452$206
41 years$3,311$2,058$1,234$719$410$183
42 years$3,196$1,960$1,157$664$372$162
43 years$3,086$1,867$1,086$612$338$143
44 years$2,982$1,780$1,019$566$307$127
45 years$2,883$1,697$957$522$278$113
46 years$2,789$1,619$899$482$253$100
47 years$2,698$1,545$845$446$230$88
48 years$2,612$1,475$794$412$208$78
49 years$2,530$1,409$746$381$189$69
50 years$2,451$1,346$701$352$172$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,510,000, adding $5,798 every year, while hoping to spend $59,369 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: 75/16/9 Blend
49$2,510,000$2,510,000$2,510,000$2,510,000
50$2,772,001$2,638,971$2,600,066$2,975,306
51$2,991,577$2,705,112$2,624,000$3,176,153
52$3,231,559$2,772,505$2,646,746$3,388,100
53$3,493,968$2,841,147$2,668,201$3,618,677
54$3,781,025$2,911,036$2,688,258$3,869,710
55$4,095,178$2,982,165$2,706,804$4,143,212
56$4,439,123$3,054,527$2,723,718$4,441,397
57$4,815,826$3,128,111$2,738,875$4,766,705
58$5,228,555$3,202,904$2,752,143$5,121,823
59$5,680,912$3,278,890$2,763,383$5,509,710
60$6,176,858$3,356,049$2,772,450$5,933,626
61$6,720,760$3,434,358$2,779,189$6,397,162
62$7,317,427$3,513,791$2,783,442$6,904,272
63$7,972,156$3,594,318$2,785,038$7,459,313
64$8,690,779$3,675,903$2,783,800$8,067,086
65$9,479,725$3,758,508$2,779,544$8,732,878
66$10,346,071$3,842,090$2,772,072$9,462,515
67$11,297,616$3,926,598$2,761,183$10,262,414
68$12,342,950$4,011,978$2,746,660$11,139,648
69$13,491,537$4,098,172$2,728,279$12,102,007
70$14,753,803$4,185,111$2,705,805$13,158,075
71$16,141,233$4,272,723$2,678,992$14,317,310
72$17,666,480$4,360,929$2,647,580$15,590,133
73$19,343,487$4,449,640$2,611,299$16,988,027
74$21,187,611$4,538,761$2,569,867$18,523,644
75$23,215,776$4,628,188$2,522,986$20,210,925
76$25,446,625$4,717,809$2,470,345$22,065,233
77$27,900,699$4,807,501$2,411,621$24,103,495
78$30,600,633$4,897,131$2,346,472$26,344,363
79$33,571,363$4,986,555$2,274,544$28,808,391
80$36,840,365$5,075,620$2,195,465$31,518,229
81$40,437,915$5,164,158$2,108,845$34,498,834
82$44,397,369$5,251,988$2,014,278$37,777,709
83$48,755,483$5,338,918$1,911,340$41,385,161
84$53,552,757$5,424,740$1,799,584$45,354,586
85$58,833,816$5,509,229$1,678,547$49,722,787
86$64,647,830$5,592,147$1,547,744$54,530,320
87$71,048,983$5,673,237$1,406,668$59,821,875
88$78,096,976$5,752,222$1,254,788$65,646,702
89$85,857,596$5,828,809$1,091,552$72,059,073
90$94,403,334$5,902,683$916,381$79,118,795
91$103,814,066$5,973,507$728,672$86,891,776
92$114,177,813$6,040,922$527,796$95,450,644
93$125,591,567$6,104,543$313,093$104,875,439
94$138,162,202$6,163,962$83,878$115,254,361
95$152,007,492$6,218,741$0$126,684,610
96$167,257,214$6,268,417$0$139,288,735
97$184,054,372$6,312,492$0$153,178,938
98$202,556,554$6,350,440$0$168,477,314
99$222,937,411$6,381,700$0$185,327,290
100$245,388,298$6,405,674$0$203,886,922