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%19.7%
1 years$212,228$210,338$208,493$206,693$204,935$196,960
2 years$105,063$103,107$101,210$99,372$97,588$89,649
3 years$69,347$67,381$65,490$63,668$61,914$54,262
4 years$51,492$49,532$47,660$45,870$44,158$36,850
5 years$40,781$38,834$36,986$35,232$33,568$26,624
6 years$33,644$31,711$29,890$28,175$26,561$19,985
7 years$28,547$26,631$24,839$23,165$21,601$15,392
8 years$24,727$22,828$21,065$19,432$17,920$12,070
9 years$21,757$19,875$18,144$16,552$15,092$9,593
10 years$19,382$17,519$15,818$14,268$12,859$7,701
11 years$17,440$15,596$13,926$12,417$11,059$6,230
12 years$15,824$13,998$12,359$10,892$9,583$5,071
13 years$14,457$12,650$11,042$9,616$8,357$4,147
14 years$13,286$11,499$9,921$8,536$7,326$3,404
15 years$12,272$10,505$8,957$7,612$6,450$2,804
16 years$11,386$9,638$8,121$6,816$5,701$2,315
17 years$10,605$8,876$7,390$6,124$5,055$1,915
18 years$9,912$8,202$6,746$5,519$4,494$1,587
19 years$9,292$7,601$6,176$4,987$4,006$1,317
20 years$8,735$7,064$5,668$4,517$3,578$1,094
21 years$8,231$6,579$5,213$4,099$3,202$910
22 years$7,774$6,142$4,805$3,727$2,870$757
23 years$7,358$5,744$4,436$3,394$2,576$630
24 years$6,976$5,382$4,103$3,096$2,316$525
25 years$6,626$5,051$3,800$2,827$2,084$438
26 years$6,303$4,747$3,524$2,585$1,877$365
27 years$6,005$4,467$3,273$2,366$1,692$305
28 years$5,728$4,209$3,042$2,168$1,527$254
29 years$5,471$3,971$2,831$1,988$1,379$212
30 years$5,231$3,750$2,637$1,825$1,246$177
31 years$5,008$3,545$2,459$1,676$1,126$148
32 years$4,799$3,355$2,294$1,540$1,019$123
33 years$4,602$3,177$2,142$1,416$922$103
34 years$4,418$3,011$2,001$1,303$835$86
35 years$4,245$2,856$1,871$1,199$756$72
36 years$4,082$2,711$1,750$1,105$685$60
37 years$3,928$2,574$1,638$1,018$621$50
38 years$3,782$2,447$1,534$938$563$42
39 years$3,644$2,327$1,437$865$510$35
40 years$3,514$2,213$1,347$798$463$29
41 years$3,390$2,107$1,263$736$420$24
42 years$3,272$2,007$1,185$679$381$20
43 years$3,160$1,912$1,112$627$346$17
44 years$3,054$1,822$1,044$579$314$14
45 years$2,952$1,738$980$535$285$12
46 years$2,855$1,658$920$494$259$10
47 years$2,763$1,582$865$456$235$8
48 years$2,674$1,510$813$422$213$7
49 years$2,590$1,442$764$390$194$6
50 years$2,509$1,378$718$360$176$5

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 $6,439 every year, while hoping to spend $20,362 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: 63/13/24 Blend
49$2,570,000$2,570,000$2,570,000$2,570,000
50$2,838,782$2,702,572$2,662,737$2,999,345
51$3,106,673$2,813,333$2,730,274$3,219,414
52$3,401,206$2,928,839$2,799,390$3,456,846
53$3,725,077$3,049,300$2,870,118$3,715,723
54$4,081,258$3,174,939$2,942,490$3,998,146
55$4,473,019$3,305,984$3,016,537$4,306,427
56$4,903,968$3,442,678$3,092,292$4,643,109
57$5,378,077$3,585,273$3,169,787$5,010,995
58$5,899,723$3,734,034$3,249,057$5,413,166
59$6,473,729$3,889,235$3,330,135$5,853,017
60$7,105,408$4,051,167$3,413,054$6,334,285
61$7,800,617$4,220,132$3,497,848$6,861,086
62$8,565,807$4,396,445$3,584,553$7,437,950
63$9,408,086$4,580,437$3,673,202$8,069,866
64$10,335,287$4,772,455$3,763,831$8,762,328
65$11,356,042$4,972,861$3,856,474$9,521,386
66$12,479,860$5,182,033$3,951,168$10,353,703
67$13,717,220$5,400,368$4,047,947$11,266,618
68$15,079,671$5,628,280$4,146,847$12,268,213
69$16,579,935$5,866,203$4,247,905$13,367,389
70$18,232,034$6,114,592$4,351,155$14,573,952
71$20,051,416$6,373,922$4,456,633$15,898,701
72$22,055,107$6,644,691$4,564,376$17,353,532
73$24,261,865$6,927,417$4,674,420$18,951,549
74$26,692,362$7,222,648$4,786,800$20,707,188
75$29,369,377$7,530,952$4,901,552$22,636,348
76$32,318,011$7,852,926$5,018,712$24,756,548
77$35,565,924$8,189,195$5,138,314$27,087,084
78$39,143,595$8,540,413$5,260,395$29,649,214
79$43,084,612$8,907,264$5,384,989$32,466,361
80$47,425,987$9,290,464$5,512,130$35,564,325
81$52,208,505$9,690,763$5,641,853$38,971,533
82$57,477,108$10,108,947$5,774,191$42,719,302
83$63,281,325$10,545,837$5,909,178$46,842,139
84$69,675,730$11,002,293$6,046,846$51,378,058
85$76,720,466$11,479,216$6,187,226$56,368,943
86$84,481,805$11,977,550$6,330,351$61,860,943
87$93,032,781$12,498,281$6,476,249$67,904,903
88$102,453,872$13,042,444$6,624,950$74,556,845
89$112,833,764$13,611,121$6,776,484$81,878,495
90$124,270,187$14,205,446$6,930,875$89,937,864
91$136,870,838$14,826,605$7,088,152$98,809,891
92$150,754,396$15,475,841$7,248,337$108,577,144
93$166,051,643$16,154,456$7,411,455$119,330,604
94$182,906,699$16,863,812$7,577,526$131,170,520
95$201,478,380$17,605,337$7,746,572$144,207,351
96$221,941,702$18,380,525$7,918,609$158,562,811
97$244,489,527$19,190,942$8,093,654$174,371,016
98$269,334,388$20,038,228$8,271,721$191,779,745
99$296,710,493$20,924,099$8,452,821$210,951,837
100$326,875,937$21,850,353$8,636,964$232,066,724