Can I retire at age 50 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$213,054$211,156$209,305$207,497$205,733$197,961
2 years$105,472$103,508$101,604$99,758$97,968$90,228
3 years$69,616$67,644$65,745$63,916$62,155$54,691
4 years$51,692$49,725$47,845$46,048$44,329$37,198
5 years$40,940$38,985$37,130$35,369$33,699$26,918
6 years$33,775$31,834$30,006$28,285$26,664$20,239
7 years$28,658$26,734$24,936$23,255$21,685$15,614
8 years$24,823$22,916$21,147$19,508$17,990$12,267
9 years$21,841$19,953$18,214$16,616$15,150$9,767
10 years$19,457$17,587$15,880$14,323$12,909$7,855
11 years$17,508$15,657$13,980$12,466$11,102$6,367
12 years$15,885$14,053$12,407$10,934$9,621$5,193
13 years$14,513$12,700$11,085$9,653$8,389$4,256
14 years$13,338$11,544$9,960$8,569$7,354$3,501
15 years$12,320$10,545$8,992$7,642$6,475$2,889
16 years$11,430$9,675$8,153$6,843$5,723$2,391
17 years$10,646$8,910$7,419$6,148$5,074$1,982
18 years$9,950$8,234$6,772$5,541$4,512$1,646
19 years$9,328$7,631$6,200$5,006$4,021$1,369
20 years$8,769$7,091$5,690$4,534$3,592$1,140
21 years$8,263$6,605$5,234$4,115$3,214$950
22 years$7,804$6,166$4,824$3,742$2,881$793
23 years$7,386$5,766$4,454$3,408$2,586$662
24 years$7,003$5,403$4,119$3,108$2,325$553
25 years$6,652$5,070$3,815$2,838$2,092$462
26 years$6,328$4,765$3,538$2,595$1,884$386
27 years$6,028$4,485$3,285$2,375$1,699$323
28 years$5,750$4,226$3,054$2,176$1,533$270
29 years$5,492$3,987$2,842$1,996$1,384$226
30 years$5,252$3,765$2,647$1,832$1,251$189
31 years$5,027$3,559$2,468$1,682$1,131$158
32 years$4,817$3,368$2,303$1,546$1,023$132
33 years$4,620$3,189$2,150$1,422$926$111
34 years$4,436$3,023$2,009$1,308$838$93
35 years$4,262$2,867$1,878$1,204$759$78
36 years$4,098$2,721$1,757$1,109$688$65
37 years$3,943$2,584$1,645$1,022$623$54
38 years$3,797$2,456$1,540$942$565$46
39 years$3,658$2,336$1,443$868$512$38
40 years$3,527$2,222$1,352$801$465$32
41 years$3,403$2,115$1,268$739$422$27
42 years$3,285$2,014$1,190$682$383$22
43 years$3,172$1,919$1,116$630$347$19
44 years$3,065$1,830$1,048$581$315$16
45 years$2,963$1,745$984$537$286$13
46 years$2,866$1,664$924$496$260$11
47 years$2,774$1,588$868$458$236$9
48 years$2,685$1,516$816$423$214$8
49 years$2,600$1,448$767$391$195$6
50 years$2,519$1,383$721$362$177$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,580,000, adding $6,526 every year, while hoping to spend $23,090 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: 33/44/23 Blend
49$2,580,000$2,580,000$2,580,000$2,580,000
50$2,849,892$2,713,152$2,673,162$2,923,674
51$3,116,013$2,821,528$2,738,145$3,087,891
52$3,408,505$2,934,442$2,804,531$3,262,204
53$3,730,033$3,052,090$2,872,343$3,449,601
54$4,083,533$3,174,679$2,941,604$3,651,253
55$4,472,241$3,302,426$3,012,335$3,868,440
56$4,899,721$3,435,556$3,084,560$4,102,568
57$5,369,900$3,574,306$3,158,300$4,355,180
58$5,887,105$3,718,923$3,233,579$4,627,969
59$6,456,104$3,869,664$3,310,418$4,922,793
60$7,082,149$4,026,800$3,388,839$5,241,692
61$7,771,027$4,190,612$3,468,865$5,586,905
62$8,529,116$4,361,396$3,550,515$5,960,894
63$9,363,442$4,539,460$3,633,813$6,366,361
64$10,281,745$4,725,126$3,718,779$6,806,275
65$11,292,558$4,918,732$3,805,432$7,283,898
66$12,405,278$5,120,630$3,893,794$7,802,817
67$13,630,264$5,331,188$3,983,883$8,366,973
68$14,978,928$5,550,793$4,075,720$8,980,699
69$16,463,844$5,779,847$4,169,322$9,648,758
70$18,098,869$6,018,772$4,264,707$10,376,388
71$19,899,271$6,268,010$4,361,893$11,169,350
72$21,881,875$6,528,021$4,460,895$12,033,978
73$24,065,221$6,799,289$4,561,729$12,977,242
74$26,469,737$7,082,317$4,664,411$14,006,808
75$29,117,934$7,377,635$4,768,952$15,131,107
76$32,034,619$7,685,794$4,875,367$16,359,421
77$35,247,125$8,007,373$4,983,667$17,701,957
78$38,785,573$8,342,975$5,093,861$19,169,953
79$42,683,155$8,693,235$5,205,959$20,775,772
80$46,976,446$9,058,813$5,319,968$22,533,023
81$51,705,750$9,440,401$5,435,894$24,456,684
82$56,915,482$9,838,726$5,553,741$26,563,242
83$62,654,581$10,254,544$5,673,512$28,870,845
84$68,976,982$10,688,650$5,795,208$31,399,474
85$75,942,113$11,141,873$5,918,826$34,171,124
86$83,615,467$11,615,083$6,044,365$37,210,011
87$92,069,211$12,109,188$6,171,818$40,542,799
88$101,382,873$12,625,141$6,301,177$44,198,847
89$111,644,091$13,163,938$6,432,431$48,210,482
90$122,949,439$13,726,622$6,565,568$52,613,303
91$135,405,338$14,314,282$6,700,571$57,446,509
92$149,129,063$14,928,062$6,837,420$62,753,274
93$164,249,848$15,569,158$6,976,094$68,581,140
94$180,910,106$16,238,820$7,116,567$74,982,469
95$199,266,773$16,938,359$7,258,809$82,014,930
96$219,492,792$17,669,147$7,402,787$89,742,041
97$241,778,740$18,432,618$7,548,463$98,233,761
98$266,334,631$19,230,276$7,695,797$107,567,149
99$293,391,899$20,063,696$7,844,742$117,827,082
100$323,205,580$20,934,523$7,995,247$129,107,056