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%12.5%
1 years$211,402$209,519$207,682$205,889$204,138$202,006
2 years$104,655$102,706$100,817$98,985$97,209$95,062
3 years$69,077$67,119$65,235$63,421$61,673$59,578
4 years$51,291$49,340$47,474$45,691$43,986$41,958
5 years$40,623$38,683$36,842$35,095$33,437$31,483
6 years$33,513$31,588$29,774$28,066$26,458$24,580
7 years$28,436$26,527$24,742$23,074$21,517$19,716
8 years$24,630$22,739$20,983$19,357$17,851$16,127
9 years$21,672$19,798$18,073$16,488$15,033$13,385
10 years$19,307$17,451$15,756$14,212$12,809$11,236
11 years$17,373$15,536$13,872$12,369$11,016$9,517
12 years$15,762$13,944$12,311$10,849$9,546$8,120
13 years$14,400$12,601$10,999$9,578$8,324$6,968
14 years$13,234$11,454$9,883$8,503$7,297$6,010
15 years$12,224$10,464$8,923$7,583$6,425$5,204
16 years$11,342$9,600$8,090$6,790$5,678$4,523
17 years$10,564$8,841$7,361$6,100$5,035$3,942
18 years$9,873$8,170$6,720$5,498$4,477$3,444
19 years$9,256$7,572$6,152$4,968$3,990$3,016
20 years$8,701$7,036$5,646$4,499$3,564$2,645
21 years$8,199$6,554$5,193$4,083$3,190$2,324
22 years$7,744$6,118$4,786$3,713$2,859$2,045
23 years$7,329$5,722$4,419$3,381$2,566$1,802
24 years$6,949$5,361$4,087$3,084$2,307$1,589
25 years$6,600$5,031$3,785$2,816$2,076$1,403
26 years$6,278$4,728$3,511$2,575$1,870$1,239
27 years$5,981$4,450$3,260$2,357$1,686$1,095
28 years$5,706$4,193$3,031$2,160$1,521$969
29 years$5,450$3,956$2,820$1,980$1,373$858
30 years$5,211$3,736$2,627$1,817$1,241$760
31 years$4,988$3,532$2,449$1,669$1,122$673
32 years$4,780$3,342$2,285$1,534$1,015$596
33 years$4,585$3,164$2,134$1,411$918$529
34 years$4,401$2,999$1,993$1,298$832$469
35 years$4,229$2,845$1,864$1,195$753$416
36 years$4,066$2,700$1,743$1,100$682$369
37 years$3,912$2,564$1,632$1,014$619$328
38 years$3,767$2,437$1,528$935$561$291
39 years$3,630$2,317$1,432$862$509$258
40 years$3,500$2,205$1,342$795$461$229
41 years$3,376$2,099$1,258$733$418$203
42 years$3,259$1,999$1,180$677$380$181
43 years$3,148$1,905$1,108$625$345$160
44 years$3,042$1,815$1,040$577$313$143
45 years$2,941$1,731$976$533$284$127
46 years$2,844$1,651$917$492$258$113
47 years$2,752$1,576$861$455$234$100
48 years$2,664$1,504$809$420$213$89
49 years$2,580$1,437$761$388$193$79
50 years$2,499$1,372$715$359$175$70

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 $6,513 every year, while hoping to spend $21,046 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: 40/39/21 Blend
49$2,560,000$2,560,000$2,560,000$2,560,000
50$2,827,838$2,692,158$2,652,478$2,923,131
51$3,093,885$2,801,681$2,718,943$3,101,585
52$3,386,363$2,915,865$2,786,930$3,292,026
53$3,707,946$3,034,917$2,856,466$3,497,626
54$4,061,581$3,159,052$2,927,582$3,719,777
55$4,450,511$3,288,495$3,000,305$3,960,010
56$4,878,315$3,423,482$3,074,666$4,220,003
57$5,348,930$3,564,260$3,150,695$4,501,600
58$5,866,699$3,711,087$3,228,421$4,806,826
59$6,436,403$3,864,231$3,307,875$5,137,908
60$7,063,314$4,023,976$3,389,086$5,497,289
61$7,753,236$4,190,615$3,472,085$5,887,657
62$8,512,569$4,364,459$3,556,903$6,311,965
63$9,348,362$4,545,828$3,643,570$6,773,459
64$10,268,383$4,735,061$3,732,117$7,275,707
65$11,281,190$4,932,511$3,822,574$7,822,634
66$12,396,214$5,138,546$3,914,974$8,418,555
67$13,623,847$5,353,555$4,009,345$9,068,215
68$14,975,541$5,577,940$4,105,719$9,776,834
69$16,463,912$5,812,125$4,204,127$10,550,153
70$18,102,864$6,056,553$4,304,598$11,394,489
71$19,907,718$6,311,685$4,407,164$12,316,792
72$21,895,355$6,578,008$4,511,854$13,324,707
73$24,084,379$6,856,028$4,618,698$14,426,649
74$26,495,287$7,146,275$4,727,726$15,631,876
75$29,150,668$7,449,304$4,838,967$16,950,580
76$32,075,414$7,765,698$4,952,450$18,393,977
77$35,296,952$8,096,062$5,068,203$19,974,412
78$38,845,507$8,441,035$5,186,253$21,705,473
79$42,754,385$8,801,282$5,306,629$23,602,122
80$47,060,287$9,177,500$5,429,357$25,680,827
81$51,803,658$9,570,419$5,554,461$27,959,720
82$57,029,064$9,980,803$5,681,969$30,458,764
83$62,785,616$10,409,450$5,811,903$33,199,940
84$69,127,434$10,857,198$5,944,286$36,207,451
85$76,114,155$11,324,923$6,079,142$39,507,948
86$83,811,496$11,813,541$6,216,490$43,130,780
87$92,291,877$12,324,014$6,356,352$47,108,266
88$101,635,103$12,857,345$6,498,744$51,475,999
89$111,929,116$13,414,587$6,643,684$56,273,179
90$123,270,826$13,996,842$6,791,188$61,542,978
91$135,767,026$14,605,263$6,941,268$67,332,945
92$149,535,399$15,241,057$7,093,937$73,695,452
93$164,705,631$15,905,490$7,249,205$80,688,183
94$181,420,631$16,599,886$7,407,080$88,374,678
95$199,837,885$17,325,629$7,567,567$96,824,923
96$220,130,938$18,084,174$7,730,669$106,116,012
97$242,491,034$18,877,039$7,896,387$116,332,869
98$267,128,923$19,705,817$8,064,719$127,569,042
99$294,276,846$20,572,175$8,235,659$139,927,585
100$324,190,731$21,477,858$8,409,201$153,522,024