Can I retire at age 50 with 2,590,000?

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$213,880$211,975$210,116$208,302$206,530$204,544
2 years$105,881$103,909$101,998$100,145$98,348$96,347
3 years$69,886$67,906$65,999$64,164$62,396$60,442
4 years$51,892$49,918$48,031$46,226$44,501$42,610
5 years$41,099$39,136$37,274$35,506$33,829$32,006
6 years$33,905$31,958$30,123$28,395$26,768$25,015
7 years$28,769$26,838$25,032$23,345$21,769$20,087
8 years$24,919$23,005$21,229$19,583$18,060$16,449
9 years$21,926$20,030$18,285$16,681$15,209$13,668
10 years$19,533$17,656$15,941$14,379$12,959$11,488
11 years$17,576$15,718$14,034$12,514$11,145$9,742
12 years$15,947$14,107$12,455$10,976$9,658$8,322
13 years$14,569$12,749$11,128$9,691$8,422$7,152
14 years$13,389$11,588$9,998$8,602$7,383$6,176
15 years$12,368$10,586$9,027$7,672$6,500$5,356
16 years$11,475$9,713$8,184$6,869$5,745$4,660
17 years$10,688$8,945$7,448$6,172$5,094$4,067
18 years$9,989$8,266$6,799$5,562$4,529$3,559
19 years$9,364$7,660$6,224$5,026$4,037$3,121
20 years$8,803$7,118$5,712$4,552$3,606$2,742
21 years$8,295$6,631$5,254$4,131$3,227$2,413
22 years$7,835$6,189$4,842$3,756$2,892$2,126
23 years$7,415$5,789$4,471$3,421$2,596$1,876
24 years$7,030$5,424$4,135$3,120$2,334$1,657
25 years$6,677$5,090$3,830$2,849$2,100$1,465
26 years$6,352$4,784$3,552$2,605$1,892$1,296
27 years$6,051$4,502$3,298$2,385$1,705$1,148
28 years$5,773$4,242$3,066$2,185$1,539$1,017
29 years$5,513$4,002$2,853$2,004$1,390$902
30 years$5,272$3,780$2,658$1,839$1,256$800
31 years$5,047$3,573$2,478$1,689$1,135$710
32 years$4,836$3,381$2,312$1,552$1,027$630
33 years$4,638$3,202$2,159$1,427$929$559
34 years$4,453$3,034$2,017$1,313$841$497
35 years$4,278$2,878$1,886$1,209$762$442
36 years$4,114$2,732$1,764$1,113$690$392
37 years$3,958$2,594$1,651$1,026$626$349
38 years$3,811$2,466$1,546$945$567$310
39 years$3,673$2,345$1,448$872$514$276
40 years$3,541$2,231$1,358$804$467$245
41 years$3,416$2,123$1,273$742$423$218
42 years$3,297$2,022$1,194$685$384$194
43 years$3,185$1,927$1,121$632$349$173
44 years$3,077$1,837$1,052$584$316$154
45 years$2,975$1,751$988$539$287$137
46 years$2,877$1,671$928$498$261$122
47 years$2,784$1,594$871$460$237$108
48 years$2,695$1,522$819$425$215$96
49 years$2,610$1,454$770$393$195$86
50 years$2,529$1,388$724$363$177$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,590,000, adding $5,276 every year, while hoping to spend $55,709 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: 47/24/29 Blend
49$2,590,000$2,590,000$2,590,000$2,590,000
50$2,859,622$2,722,352$2,682,207$2,970,012
51$3,092,030$2,796,474$2,712,787$3,122,704
52$3,346,276$2,872,360$2,742,524$3,282,535
53$3,624,529$2,950,038$2,771,332$3,454,978
54$3,929,177$3,029,536$2,799,118$3,641,247
55$4,262,850$3,110,881$2,825,786$3,842,684
56$4,628,444$3,194,098$2,851,233$4,060,764
57$5,029,149$3,279,211$2,875,352$4,297,114
58$5,468,476$3,366,247$2,898,031$4,553,524
59$5,950,295$3,455,227$2,919,149$4,831,970
60$6,478,867$3,546,175$2,938,582$5,134,625
61$7,058,884$3,639,110$2,956,197$5,463,888
62$7,695,517$3,734,054$2,971,857$5,822,399
63$8,394,461$3,831,023$2,985,415$6,213,069
64$9,161,988$3,930,035$2,996,718$6,639,105
65$10,005,008$4,031,104$3,005,606$7,104,041
66$10,931,134$4,134,244$3,011,909$7,611,774
67$11,948,751$4,239,464$3,015,450$8,166,597
68$13,067,099$4,346,773$3,016,043$8,773,241
69$14,296,355$4,456,176$3,013,492$9,436,920
70$15,647,732$4,567,678$3,007,593$10,163,383
71$17,133,584$4,681,277$2,998,130$10,958,962
72$18,767,521$4,796,971$2,984,879$11,830,640
73$20,564,538$4,914,752$2,967,602$12,786,110
74$22,541,157$5,034,611$2,946,053$13,833,853
75$24,715,580$5,156,533$2,919,971$14,983,217
76$27,107,865$5,280,498$2,889,085$16,244,502
77$29,740,108$5,406,484$2,853,111$17,629,063
78$32,636,658$5,534,460$2,811,749$19,149,416
79$35,824,343$5,664,394$2,764,688$20,819,352
80$39,332,722$5,796,246$2,711,601$22,654,074
81$43,194,365$5,929,968$2,652,146$24,670,339
82$47,445,163$6,065,509$2,585,965$26,886,614
83$52,124,658$6,202,807$2,512,683$29,323,253
84$57,276,425$6,341,796$2,431,910$32,002,692
85$62,948,475$6,482,400$2,343,234$34,949,655
86$69,193,716$6,624,533$2,246,229$38,191,397
87$76,070,443$6,768,103$2,140,445$41,757,953
88$83,642,893$6,913,005$2,025,415$45,682,428
89$91,981,851$7,059,125$1,900,650$50,001,309
90$101,165,315$7,206,338$1,765,637$54,754,811
91$111,279,235$7,354,506$1,619,843$59,987,254
92$122,418,318$7,503,478$1,462,709$65,747,489
93$134,686,928$7,653,090$1,293,652$72,089,353
94$148,200,068$7,803,165$1,112,062$79,072,183
95$163,084,464$7,953,509$917,305$86,761,378
96$179,479,759$8,103,910$708,714$95,229,011
97$197,539,835$8,254,143$485,597$104,554,522
98$217,434,264$8,403,961$247,230$114,825,458
99$239,349,903$8,553,100$0$126,138,308
100$263,492,664$8,701,272$0$138,601,627