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

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$207,273$205,427$203,626$201,868$200,151$192,286
2 years$102,611$100,700$98,848$97,052$95,310$87,482
3 years$67,728$65,808$63,961$62,182$60,469$52,925
4 years$50,289$48,376$46,547$44,799$43,127$35,924
5 years$39,829$37,927$36,122$34,410$32,784$25,941
6 years$32,858$30,971$29,192$27,518$25,941$19,462
7 years$27,881$26,009$24,259$22,624$21,097$14,980
8 years$24,149$22,295$20,574$18,979$17,502$11,741
9 years$21,249$19,411$17,720$16,166$14,739$9,325
10 years$18,930$17,110$15,449$13,935$12,559$7,481
11 years$17,033$15,232$13,601$12,127$10,801$6,048
12 years$15,454$13,672$12,070$10,637$9,360$4,919
13 years$14,119$12,355$10,784$9,391$8,162$4,020
14 years$12,976$11,230$9,690$8,337$7,155$3,298
15 years$11,986$10,259$8,748$7,435$6,300$2,714
16 years$11,120$9,413$7,932$6,657$5,568$2,239
17 years$10,357$8,669$7,217$5,981$4,937$1,851
18 years$9,680$8,010$6,589$5,390$4,389$1,533
19 years$9,075$7,424$6,032$4,871$3,912$1,271
20 years$8,531$6,899$5,535$4,411$3,495$1,055
21 years$8,039$6,426$5,092$4,003$3,127$877
22 years$7,593$5,998$4,693$3,640$2,803$729
23 years$7,186$5,610$4,333$3,315$2,516$607
24 years$6,813$5,256$4,007$3,024$2,262$505
25 years$6,471$4,933$3,711$2,761$2,035$421
26 years$6,156$4,636$3,442$2,525$1,833$351
27 years$5,864$4,363$3,196$2,311$1,653$292
28 years$5,594$4,111$2,971$2,117$1,491$244
29 years$5,343$3,878$2,765$1,942$1,347$203
30 years$5,109$3,663$2,576$1,782$1,217$169
31 years$4,891$3,463$2,401$1,637$1,100$141
32 years$4,687$3,276$2,240$1,504$995$118
33 years$4,495$3,103$2,092$1,383$901$98
34 years$4,315$2,941$1,954$1,273$815$82
35 years$4,146$2,789$1,827$1,171$738$68
36 years$3,986$2,647$1,709$1,079$669$57
37 years$3,836$2,514$1,600$994$606$48
38 years$3,694$2,390$1,498$916$550$40
39 years$3,559$2,272$1,404$845$499$33
40 years$3,432$2,162$1,316$779$452$28
41 years$3,311$2,058$1,234$719$410$23
42 years$3,196$1,960$1,157$664$372$19
43 years$3,086$1,867$1,086$612$338$16
44 years$2,982$1,780$1,019$566$307$13
45 years$2,883$1,697$957$522$278$11
46 years$2,789$1,619$899$482$253$9
47 years$2,698$1,545$845$446$230$8
48 years$2,612$1,475$794$412$208$7
49 years$2,530$1,409$746$381$189$5
50 years$2,451$1,346$701$352$172$5

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 $4,830 every year, while hoping to spend $34,778 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: 47/42/11 Blend
49$2,510,000$2,510,000$2,510,000$2,510,000
50$2,771,002$2,637,972$2,599,067$2,892,566
51$3,016,641$2,730,229$2,649,132$3,069,162
52$3,286,169$2,825,841$2,699,709$3,256,720
53$3,581,987$2,924,936$2,750,778$3,459,488
54$3,906,738$3,027,646$2,802,317$3,678,890
55$4,263,334$3,134,110$2,854,304$3,916,494
56$4,654,984$3,244,471$2,906,713$4,174,021
57$5,085,221$3,358,878$2,959,516$4,453,365
58$5,557,937$3,477,488$3,012,684$4,756,606
59$6,077,423$3,600,461$3,066,185$5,086,035
60$6,648,403$3,727,966$3,119,985$5,444,168
61$7,276,081$3,860,177$3,174,046$5,833,775
62$7,966,193$3,997,278$3,228,328$6,257,901
63$8,725,057$4,139,457$3,282,789$6,719,899
64$9,559,634$4,286,912$3,337,384$7,223,454
65$10,477,594$4,439,847$3,392,063$7,772,624
66$11,487,386$4,598,477$3,446,775$8,371,875
67$12,598,321$4,763,024$3,501,463$9,026,120
68$13,820,656$4,933,719$3,556,069$9,740,767
69$15,165,695$5,110,803$3,610,529$10,521,770
70$16,645,891$5,294,528$3,664,777$11,375,683
71$18,274,966$5,485,153$3,718,741$12,309,718
72$20,068,039$5,682,952$3,772,345$13,331,819
73$22,041,769$5,888,208$3,825,510$14,450,730
74$24,214,515$6,101,214$3,878,149$15,676,079
75$26,606,501$6,322,280$3,930,173$17,018,467
76$29,240,016$6,551,724$3,981,486$18,489,569
77$32,139,619$6,789,879$4,031,987$20,102,240
78$35,332,371$7,037,094$4,081,569$21,870,637
79$38,848,090$7,293,729$4,130,119$23,810,351
80$42,719,635$7,560,162$4,177,518$25,938,553
81$46,983,213$7,836,785$4,223,639$28,274,155
82$51,678,720$8,124,006$4,268,351$30,837,986
83$56,850,120$8,422,253$4,311,511$33,652,990
84$62,545,858$8,731,970$4,352,972$36,744,436
85$68,819,318$9,053,618$4,392,579$40,140,161
86$75,729,325$9,387,682$4,430,167$43,870,826
87$83,340,701$9,734,664$4,465,563$47,970,209
88$91,724,878$10,095,087$4,498,584$52,475,516
89$100,960,568$10,469,500$4,529,040$57,427,735
90$111,134,512$10,858,471$4,556,728$62,872,022
91$122,342,290$11,262,594$4,581,437$68,858,118
92$134,689,232$11,682,489$4,602,943$75,440,826
93$148,291,404$12,118,802$4,621,013$82,680,521
94$163,276,711$12,572,206$4,635,399$90,643,716
95$179,786,095$13,043,404$4,645,845$99,403,694
96$197,974,874$13,533,128$4,652,078$109,041,191
97$218,014,202$14,042,142$4,653,814$119,645,159
98$240,092,687$14,571,244$4,650,753$131,313,604
99$264,418,171$15,121,264$4,642,583$144,154,505
100$291,219,688$15,693,070$4,628,974$158,286,836