Can I retire at age 50 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$210,577$208,701$206,871$205,085$203,341$199,317
2 years$104,246$102,304$100,423$98,598$96,829$92,792
3 years$68,807$66,857$64,980$63,173$61,432$57,508
4 years$51,091$49,147$47,289$45,513$43,814$40,033
5 years$40,464$38,532$36,698$34,958$33,307$29,679
6 years$33,382$31,464$29,658$27,956$26,354$22,885
7 years$28,325$26,424$24,646$22,984$21,433$18,122
8 years$24,534$22,650$20,901$19,281$17,781$14,627
9 years$21,587$19,721$18,002$16,423$14,974$11,976
10 years$19,231$17,383$15,695$14,157$12,759$9,913
11 years$17,305$15,475$13,818$12,321$10,973$8,277
12 years$15,701$13,889$12,263$10,807$9,509$6,958
13 years$14,344$12,552$10,956$9,541$8,292$5,882
14 years$13,183$11,409$9,844$8,469$7,269$4,995
15 years$12,177$10,423$8,888$7,553$6,400$4,258
16 years$11,297$9,563$8,058$6,763$5,656$3,642
17 years$10,522$8,807$7,332$6,077$5,015$3,122
18 years$9,834$8,138$6,694$5,476$4,459$2,683
19 years$9,219$7,542$6,128$4,948$3,975$2,310
20 years$8,667$7,009$5,624$4,482$3,550$1,992
21 years$8,167$6,528$5,173$4,067$3,177$1,720
22 years$7,714$6,094$4,767$3,698$2,848$1,487
23 years$7,300$5,699$4,402$3,368$2,556$1,287
24 years$6,922$5,340$4,071$3,072$2,298$1,115
25 years$6,574$5,011$3,771$2,805$2,068$967
26 years$6,254$4,710$3,497$2,565$1,862$838
27 years$5,958$4,433$3,247$2,348$1,679$728
28 years$5,683$4,177$3,019$2,151$1,515$632
29 years$5,428$3,940$2,809$1,973$1,368$549
30 years$5,191$3,721$2,617$1,810$1,236$477
31 years$4,969$3,518$2,439$1,663$1,118$415
32 years$4,761$3,328$2,276$1,528$1,011$361
33 years$4,567$3,152$2,125$1,405$915$314
34 years$4,384$2,988$1,986$1,293$828$273
35 years$4,212$2,834$1,856$1,190$750$237
36 years$4,050$2,690$1,737$1,096$680$207
37 years$3,897$2,554$1,625$1,010$616$180
38 years$3,753$2,428$1,522$931$559$156
39 years$3,616$2,308$1,426$858$507$136
40 years$3,486$2,196$1,337$792$459$119
41 years$3,363$2,091$1,253$730$417$103
42 years$3,247$1,991$1,176$674$378$90
43 years$3,135$1,897$1,103$622$343$78
44 years$3,030$1,808$1,036$575$312$68
45 years$2,929$1,724$972$531$283$59
46 years$2,833$1,645$913$490$257$52
47 years$2,741$1,570$858$453$233$45
48 years$2,654$1,499$806$418$212$39
49 years$2,570$1,431$758$387$192$34
50 years$2,490$1,367$713$357$175$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,550,000, adding $4,267 every year, while hoping to spend $46,056 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: 80/12/8 Blend
49$2,550,000$2,550,000$2,550,000$2,550,000
50$2,814,501$2,679,351$2,639,826$3,036,405
51$3,052,577$2,761,636$2,679,257$3,264,726
52$3,313,393$2,846,410$2,718,466$3,508,714
53$3,599,220$2,933,745$2,757,395$3,775,055
54$3,912,560$3,023,717$2,795,987$4,065,959
55$4,256,165$3,116,403$2,834,177$4,383,859
56$4,633,071$3,211,884$2,871,898$4,731,435
57$5,046,619$3,310,241$2,909,081$5,111,637
58$5,500,489$3,411,558$2,945,651$5,527,714
59$5,998,736$3,515,921$2,981,527$5,983,245
60$6,545,826$3,623,421$3,016,628$6,482,172
61$7,146,679$3,734,147$3,050,863$7,028,836
62$7,806,713$3,848,193$3,084,140$7,628,020
63$8,531,900$3,965,657$3,116,361$8,284,991
64$9,328,817$4,086,637$3,147,422$9,005,552
65$10,204,709$4,211,235$3,177,213$9,796,094
66$11,167,559$4,339,555$3,205,620$10,663,659
67$12,226,162$4,471,705$3,232,520$11,616,004
68$13,390,206$4,607,795$3,257,786$12,661,674
69$14,670,369$4,747,938$3,281,283$13,810,085
70$16,078,410$4,892,251$3,302,869$15,071,608
71$17,627,288$5,040,852$3,322,396$16,457,671
72$19,331,283$5,193,864$3,339,707$17,980,863
73$21,206,123$5,351,413$3,354,637$19,655,057
74$23,269,144$5,513,629$3,367,014$21,495,534
75$25,539,443$5,680,643$3,376,655$23,519,134
76$28,038,062$5,852,591$3,383,369$25,744,410
77$30,788,190$6,029,613$3,386,957$28,191,805
78$33,815,373$6,211,851$3,387,208$30,883,842
79$37,147,762$6,399,453$3,383,900$33,845,340
80$40,816,377$6,592,569$3,376,804$37,103,645
81$44,855,396$6,791,354$3,365,675$40,688,889
82$49,302,481$6,995,965$3,350,260$44,634,274
83$54,199,131$7,206,564$3,330,291$48,976,384
84$59,591,075$7,423,319$3,305,489$53,755,532
85$65,528,702$7,646,399$3,275,560$59,016,138
86$72,067,537$7,875,979$3,240,198$64,807,150
87$79,268,761$8,112,238$3,199,081$71,182,502
88$87,199,797$8,355,360$3,151,872$78,201,629
89$95,934,935$8,605,531$3,098,218$85,930,021
90$105,556,041$8,862,945$3,037,751$94,439,844
91$116,153,326$9,127,797$2,970,084$103,810,621
92$127,826,196$9,400,291$2,894,814$114,129,984
93$140,684,195$9,680,632$2,811,516$125,494,493
94$154,848,030$9,969,030$2,719,750$138,010,559
95$170,450,719$10,265,703$2,619,051$151,795,438
96$187,638,841$10,570,870$2,508,938$166,978,340
97$206,573,918$10,884,759$2,388,903$183,701,655
98$227,433,945$11,207,599$2,258,418$202,122,285
99$250,415,064$11,539,627$2,116,931$222,413,134
100$275,733,416$11,881,085$1,963,865$244,764,737