Can I retire at age 50 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$211,402$209,519$207,682$205,889$204,138$200,180
2 years$104,655$102,706$100,817$98,985$97,209$93,237
3 years$69,077$67,119$65,235$63,421$61,673$57,812
4 years$51,291$49,340$47,474$45,691$43,986$40,265
5 years$40,623$38,683$36,842$35,095$33,437$29,867
6 years$33,513$31,588$29,774$28,066$26,458$23,042
7 years$28,436$26,527$24,742$23,074$21,517$18,257
8 years$24,630$22,739$20,983$19,357$17,851$14,744
9 years$21,672$19,798$18,073$16,488$15,033$12,079
10 years$19,307$17,451$15,756$14,212$12,809$10,005
11 years$17,373$15,536$13,872$12,369$11,016$8,358
12 years$15,762$13,944$12,311$10,849$9,546$7,031
13 years$14,400$12,601$10,999$9,578$8,324$5,948
14 years$13,234$11,454$9,883$8,503$7,297$5,055
15 years$12,224$10,464$8,923$7,583$6,425$4,312
16 years$11,342$9,600$8,090$6,790$5,678$3,690
17 years$10,564$8,841$7,361$6,100$5,035$3,166
18 years$9,873$8,170$6,720$5,498$4,477$2,723
19 years$9,256$7,572$6,152$4,968$3,990$2,346
20 years$8,701$7,036$5,646$4,499$3,564$2,025
21 years$8,199$6,554$5,193$4,083$3,190$1,750
22 years$7,744$6,118$4,786$3,713$2,859$1,514
23 years$7,329$5,722$4,419$3,381$2,566$1,311
24 years$6,949$5,361$4,087$3,084$2,307$1,137
25 years$6,600$5,031$3,785$2,816$2,076$986
26 years$6,278$4,728$3,511$2,575$1,870$856
27 years$5,981$4,450$3,260$2,357$1,686$744
28 years$5,706$4,193$3,031$2,160$1,521$646
29 years$5,450$3,956$2,820$1,980$1,373$562
30 years$5,211$3,736$2,627$1,817$1,241$489
31 years$4,988$3,532$2,449$1,669$1,122$425
32 years$4,780$3,342$2,285$1,534$1,015$370
33 years$4,585$3,164$2,134$1,411$918$322
34 years$4,401$2,999$1,993$1,298$832$280
35 years$4,229$2,845$1,864$1,195$753$244
36 years$4,066$2,700$1,743$1,100$682$213
37 years$3,912$2,564$1,632$1,014$619$185
38 years$3,767$2,437$1,528$935$561$161
39 years$3,630$2,317$1,432$862$509$141
40 years$3,500$2,205$1,342$795$461$122
41 years$3,376$2,099$1,258$733$418$107
42 years$3,259$1,999$1,180$677$380$93
43 years$3,148$1,905$1,108$625$345$81
44 years$3,042$1,815$1,040$577$313$71
45 years$2,941$1,731$976$533$284$62
46 years$2,844$1,651$917$492$258$54
47 years$2,752$1,576$861$455$234$47
48 years$2,664$1,504$809$420$213$41
49 years$2,580$1,437$761$388$193$36
50 years$2,499$1,372$715$359$175$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,560,000, adding $5,248 every year, while hoping to spend $55,476 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: 43/38/19 Blend
49$2,560,000$2,560,000$2,560,000$2,560,000
50$2,826,533$2,690,853$2,651,173$2,932,234
51$3,055,814$2,763,679$2,680,962$3,080,196
52$3,306,621$2,838,214$2,709,888$3,234,563
53$3,581,093$2,914,483$2,737,866$3,400,653
54$3,881,583$2,992,511$2,764,803$3,579,573
55$4,210,683$3,072,322$2,790,602$3,772,540
56$4,571,245$3,153,939$2,815,160$3,980,898
57$4,966,414$3,237,384$2,838,370$4,206,122
58$5,399,651$3,322,678$2,860,117$4,449,840
59$5,874,767$3,409,841$2,880,283$4,713,843
60$6,395,962$3,498,892$2,898,742$5,000,103
61$6,967,861$3,589,849$2,915,361$5,310,793
62$7,595,559$3,682,727$2,930,001$5,648,306
63$8,284,666$3,777,541$2,942,517$6,015,279
64$9,041,365$3,874,304$2,952,754$6,414,615
65$9,872,465$3,973,025$2,960,551$6,849,515
66$10,785,466$4,073,713$2,965,740$7,323,503
67$11,788,633$4,176,374$2,968,141$7,840,461
68$12,891,069$4,281,012$2,967,569$8,404,670
69$14,102,803$4,387,626$2,963,828$9,020,843
70$15,434,884$4,496,216$2,956,712$9,694,176
71$16,899,486$4,606,774$2,946,006$10,430,392
72$18,510,021$4,719,293$2,931,484$11,235,798
73$20,281,263$4,833,759$2,912,909$12,117,345
74$22,229,494$4,950,155$2,890,033$13,082,693
75$24,372,650$5,068,460$2,862,597$14,140,281
76$26,730,494$5,188,648$2,830,327$15,299,412
77$29,324,800$5,310,688$2,792,939$16,570,334
78$32,179,562$5,434,544$2,750,135$17,964,344
79$35,321,214$5,560,173$2,701,601$19,493,890
80$38,778,883$5,687,527$2,647,010$21,172,692
81$42,584,664$5,816,550$2,586,019$23,015,869
82$46,773,920$5,947,182$2,518,271$25,040,084
83$51,385,617$6,079,351$2,443,391$27,263,699
84$56,462,691$6,212,981$2,360,986$29,706,953
85$62,052,453$6,347,984$2,270,646$32,392,149
86$68,207,033$6,484,265$2,171,943$35,343,868
87$74,983,876$6,621,719$2,064,428$38,589,201
88$82,446,277$6,760,229$1,947,632$42,158,004
89$90,663,986$6,899,669$1,821,066$46,083,181
90$99,713,859$7,039,899$1,684,219$50,400,997
91$109,680,587$7,180,769$1,536,554$55,151,417
92$120,657,492$7,322,112$1,377,514$60,378,488
93$132,747,411$7,463,749$1,206,515$66,130,754
94$146,063,661$7,605,487$1,022,947$72,461,717
95$160,731,113$7,747,115$826,175$79,430,338
96$176,887,367$7,888,404$615,532$87,101,599
97$194,684,052$8,029,110$390,326$95,547,119
98$214,288,255$8,168,966$149,833$104,845,825
99$235,884,100$8,307,688$0$115,084,704
100$259,674,482$8,444,969$0$126,381,279