Can I retire at age 50 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$212,228$210,338$208,493$206,693$204,935$199,415
2 years$105,063$103,107$101,210$99,372$97,588$92,066
3 years$69,347$67,381$65,490$63,668$61,914$56,563
4 years$51,492$49,532$47,660$45,870$44,158$39,018
5 years$40,781$38,834$36,986$35,232$33,568$28,655
6 years$33,644$31,711$29,890$28,175$26,561$21,879
7 years$28,547$26,631$24,839$23,165$21,601$17,150
8 years$24,727$22,828$21,065$19,432$17,920$13,698
9 years$21,757$19,875$18,144$16,552$15,092$11,095
10 years$19,382$17,519$15,818$14,268$12,859$9,082
11 years$17,440$15,596$13,926$12,417$11,059$7,496
12 years$15,824$13,998$12,359$10,892$9,583$6,228
13 years$14,457$12,650$11,042$9,616$8,357$5,202
14 years$13,286$11,499$9,921$8,536$7,326$4,364
15 years$12,272$10,505$8,957$7,612$6,450$3,674
16 years$11,386$9,638$8,121$6,816$5,701$3,102
17 years$10,605$8,876$7,390$6,124$5,055$2,625
18 years$9,912$8,202$6,746$5,519$4,494$2,226
19 years$9,292$7,601$6,176$4,987$4,006$1,891
20 years$8,735$7,064$5,668$4,517$3,578$1,609
21 years$8,231$6,579$5,213$4,099$3,202$1,370
22 years$7,774$6,142$4,805$3,727$2,870$1,168
23 years$7,358$5,744$4,436$3,394$2,576$997
24 years$6,976$5,382$4,103$3,096$2,316$851
25 years$6,626$5,051$3,800$2,827$2,084$728
26 years$6,303$4,747$3,524$2,585$1,877$622
27 years$6,005$4,467$3,273$2,366$1,692$532
28 years$5,728$4,209$3,042$2,168$1,527$455
29 years$5,471$3,971$2,831$1,988$1,379$390
30 years$5,231$3,750$2,637$1,825$1,246$334
31 years$5,008$3,545$2,459$1,676$1,126$286
32 years$4,799$3,355$2,294$1,540$1,019$245
33 years$4,602$3,177$2,142$1,416$922$210
34 years$4,418$3,011$2,001$1,303$835$180
35 years$4,245$2,856$1,871$1,199$756$154
36 years$4,082$2,711$1,750$1,105$685$132
37 years$3,928$2,574$1,638$1,018$621$113
38 years$3,782$2,447$1,534$938$563$97
39 years$3,644$2,327$1,437$865$510$83
40 years$3,514$2,213$1,347$798$463$71
41 years$3,390$2,107$1,263$736$420$61
42 years$3,272$2,007$1,185$679$381$52
43 years$3,160$1,912$1,112$627$346$45
44 years$3,054$1,822$1,044$579$314$39
45 years$2,952$1,738$980$535$285$33
46 years$2,855$1,658$920$494$259$28
47 years$2,763$1,582$865$456$235$24
48 years$2,674$1,510$813$422$213$21
49 years$2,590$1,442$764$390$194$18
50 years$2,509$1,378$718$360$176$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,570,000, adding $2,786 every year, while hoping to spend $49,080 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: 27/46/27 Blend
49$2,570,000$2,570,000$2,570,000$2,570,000
50$2,835,014$2,698,804$2,658,969$2,887,613
51$3,071,964$2,778,824$2,695,823$3,010,270
52$3,331,439$2,861,121$2,732,268$3,137,452
53$3,615,683$2,945,754$2,768,236$3,273,002
54$3,927,170$3,032,783$2,803,660$3,417,665
55$4,268,624$3,122,271$2,838,464$3,572,262
56$4,643,043$3,214,282$2,872,572$3,737,693
57$5,053,732$3,308,881$2,905,903$3,914,952
58$5,504,331$3,406,134$2,938,368$4,105,127
59$5,998,846$3,506,108$2,969,877$4,309,420
60$6,541,694$3,608,873$3,000,333$4,529,151
61$7,137,738$3,714,498$3,029,635$4,765,771
62$7,792,335$3,823,057$3,057,676$5,020,881
63$8,511,387$3,934,620$3,084,342$5,296,240
64$9,301,396$4,049,264$3,109,515$5,593,785
65$10,169,524$4,167,064$3,133,069$5,915,649
66$11,123,662$4,288,096$3,154,874$6,264,180
67$12,172,502$4,412,440$3,174,789$6,641,965
68$13,325,622$4,540,175$3,192,669$7,051,851
69$14,593,574$4,671,381$3,208,362$7,496,974
70$15,987,982$4,806,143$3,221,706$7,980,787
71$17,521,654$4,944,542$3,232,531$8,507,095
72$19,208,703$5,086,664$3,240,660$9,080,088
73$21,064,675$5,232,594$3,245,906$9,704,382
74$23,106,701$5,382,421$3,248,074$10,385,061
75$25,353,658$5,536,233$3,246,958$11,127,728
76$27,826,341$5,694,119$3,242,341$11,938,553
77$30,547,666$5,856,169$3,233,998$12,824,335
78$33,542,882$6,022,475$3,221,691$13,792,564
79$36,839,810$6,193,131$3,205,171$14,851,495
80$40,469,105$6,368,228$3,184,178$16,010,221
81$44,464,544$6,547,861$3,158,439$17,278,760
82$48,863,346$6,732,126$3,127,666$18,668,155
83$53,706,525$6,921,117$3,091,560$20,190,569
84$59,039,270$7,114,931$3,049,806$21,859,408
85$64,911,377$7,313,664$3,002,076$23,689,444
86$71,377,717$7,517,413$2,948,025$25,696,952
87$78,498,753$7,726,276$2,887,294$27,899,871
88$86,341,112$7,940,349$2,819,503$30,317,965
89$94,978,208$8,159,729$2,744,260$32,973,017
90$104,490,943$8,384,513$2,661,150$35,889,028
91$114,968,463$8,614,798$2,569,743$39,092,451
92$126,509,003$8,850,680$2,469,585$42,612,433
93$139,220,810$9,092,253$2,360,206$46,481,098
94$153,223,171$9,339,611$2,241,111$50,733,846
95$168,647,531$9,592,848$2,111,784$55,409,688
96$185,638,736$9,852,055$1,971,686$60,551,616
97$204,356,403$10,117,322$1,820,254$66,207,008
98$224,976,421$10,388,736$1,656,897$72,428,078
99$247,692,615$10,666,382$1,481,002$79,272,365
100$272,718,571$10,950,344$1,291,925$86,803,280