Can I retire at age 50 with 2,540,000?

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 $2,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$209,751$207,882$206,060$204,280$202,543$201,436
2 years$103,837$101,903$100,029$98,212$96,449$95,332
3 years$68,537$66,595$64,725$62,925$61,191$60,098
4 years$50,891$48,954$47,103$45,334$43,642$42,582
5 years$40,305$38,381$36,554$34,821$33,176$32,152
6 years$33,251$31,341$29,541$27,847$26,251$25,265
7 years$28,214$26,320$24,549$22,894$21,349$20,401
8 years$24,438$22,561$20,819$19,205$17,711$16,801
9 years$21,503$19,643$17,932$16,359$14,915$14,043
10 years$19,156$17,315$15,633$14,101$12,709$11,873
11 years$17,237$15,414$13,763$12,272$10,930$10,131
12 years$15,639$13,835$12,215$10,765$9,472$8,709
13 years$14,288$12,503$10,913$9,503$8,259$7,532
14 years$13,131$11,365$9,805$8,436$7,240$6,548
15 years$12,129$10,382$8,853$7,524$6,375$5,716
16 years$11,253$9,525$8,026$6,737$5,634$5,008
17 years$10,481$8,772$7,304$6,053$4,996$4,401
18 years$9,796$8,106$6,667$5,455$4,442$3,878
19 years$9,183$7,513$6,104$4,929$3,959$3,425
20 years$8,633$6,981$5,602$4,464$3,536$3,031
21 years$8,135$6,503$5,152$4,051$3,165$2,687
22 years$7,683$6,070$4,749$3,684$2,837$2,386
23 years$7,272$5,677$4,385$3,355$2,546$2,121
24 years$6,895$5,319$4,055$3,060$2,289$1,888
25 years$6,549$4,992$3,756$2,794$2,059$1,682
26 years$6,229$4,691$3,483$2,555$1,855$1,500
27 years$5,934$4,415$3,235$2,339$1,673$1,339
28 years$5,661$4,160$3,007$2,143$1,509$1,196
29 years$5,407$3,925$2,798$1,965$1,363$1,069
30 years$5,170$3,707$2,606$1,803$1,231$955
31 years$4,949$3,504$2,430$1,656$1,113$855
32 years$4,743$3,315$2,267$1,522$1,007$765
33 years$4,549$3,140$2,117$1,400$911$685
34 years$4,367$2,976$1,978$1,288$825$614
35 years$4,195$2,822$1,849$1,185$747$550
36 years$4,034$2,679$1,730$1,092$677$493
37 years$3,882$2,544$1,619$1,006$614$442
38 years$3,738$2,418$1,516$927$556$396
39 years$3,602$2,299$1,421$855$505$355
40 years$3,473$2,188$1,331$789$458$319
41 years$3,350$2,082$1,248$728$415$286
42 years$3,234$1,983$1,171$671$377$257
43 years$3,123$1,890$1,099$620$342$230
44 years$3,018$1,801$1,032$572$310$207
45 years$2,918$1,718$969$529$282$186
46 years$2,822$1,639$910$488$256$167
47 years$2,731$1,564$855$451$232$150
48 years$2,643$1,493$803$417$211$134
49 years$2,560$1,425$755$385$192$121
50 years$2,480$1,362$710$356$174$108

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,540,000, adding $2,737 every year, while hoping to spend $54,997 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: 76/9/15 Blend
49$2,540,000$2,540,000$2,540,000$2,540,000
50$2,801,903$2,667,283$2,627,913$3,005,615
51$3,029,181$2,739,464$2,657,432$3,212,689
52$3,277,798$2,813,338$2,686,096$3,432,489
53$3,549,872$2,888,930$2,713,819$3,671,957
54$3,847,737$2,966,266$2,740,510$3,933,034
55$4,173,961$3,045,368$2,766,072$4,217,860
56$4,531,373$3,126,259$2,790,404$4,528,790
57$4,923,089$3,208,961$2,813,398$4,868,419
58$5,352,539$3,293,495$2,834,942$5,239,606
59$5,823,503$3,379,882$2,854,918$5,645,500
60$6,340,143$3,468,139$2,873,200$6,089,568
61$6,907,044$3,558,284$2,889,659$6,575,633
62$7,529,255$3,650,332$2,904,155$7,107,903
63$8,212,339$3,744,298$2,916,544$7,691,017
64$8,962,423$3,840,195$2,926,674$8,330,084
65$9,786,257$3,938,031$2,934,384$9,030,734
66$10,691,277$4,037,816$2,939,507$9,799,168
67$11,685,674$4,139,555$2,941,867$10,642,221
68$12,778,471$4,243,252$2,941,278$11,567,423
69$13,979,611$4,348,907$2,937,547$12,583,070
70$15,300,046$4,456,518$2,930,469$13,698,303
71$16,751,842$4,566,080$2,919,832$14,923,195
72$18,348,294$4,677,582$2,905,410$16,268,844
73$20,104,049$4,791,012$2,886,970$17,747,482
74$22,035,244$4,906,353$2,864,266$19,372,583
75$24,159,659$5,023,585$2,837,039$21,158,997
76$26,496,884$5,142,681$2,805,020$23,123,088
77$29,068,504$5,263,610$2,767,926$25,282,886
78$31,898,301$5,386,336$2,725,461$27,658,259
79$35,012,479$5,510,818$2,677,315$30,271,104
80$38,439,910$5,637,006$2,623,163$33,145,547
81$42,212,408$5,764,846$2,562,666$36,308,174
82$46,365,027$5,894,277$2,495,469$39,788,284
83$50,936,392$6,025,229$2,421,199$43,618,163
84$55,969,064$6,157,625$2,339,469$47,833,387
85$61,509,938$6,291,379$2,249,872$52,473,165
86$67,610,691$6,426,395$2,151,981$57,580,699
87$74,328,263$6,562,570$2,045,354$63,203,600
88$81,725,397$6,699,788$1,929,525$69,394,336
89$89,871,233$6,837,922$1,804,009$76,210,724
90$98,841,953$6,976,835$1,668,298$83,716,479
91$108,721,509$7,116,377$1,521,862$91,981,815
92$119,602,406$7,256,382$1,364,148$101,084,106
93$131,586,580$7,396,674$1,194,576$111,108,621
94$144,786,360$7,537,059$1,012,543$122,149,324
95$159,325,522$7,677,329$817,416$134,309,764
96$175,340,464$7,817,256$608,538$147,704,055
97$192,981,487$7,956,598$385,220$162,457,948
98$212,414,218$8,095,091$146,745$178,710,022
99$233,821,170$8,232,452$0$196,612,993
100$257,403,462$8,368,375$0$216,352,400