Can I retire at age 50 with 2,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$214,706$212,793$210,927$209,106$207,328$204,992
2 years$106,290$104,310$102,392$100,532$98,727$96,376
3 years$70,156$68,168$66,254$64,412$62,637$60,343
4 years$52,093$50,111$48,216$46,405$44,673$42,454
5 years$41,257$39,287$37,418$35,643$33,960$31,822
6 years$34,036$32,081$30,239$28,504$26,871$24,818
7 years$28,880$26,942$25,129$23,435$21,853$19,885
8 years$25,015$23,094$21,311$19,659$18,130$16,246
9 years$22,011$20,107$18,355$16,745$15,268$13,468
10 years$19,608$17,724$16,003$14,434$13,009$11,292
11 years$17,644$15,778$14,088$12,562$11,188$9,553
12 years$16,008$14,162$12,503$11,019$9,695$8,140
13 years$14,625$12,798$11,171$9,728$8,455$6,977
14 years$13,441$11,633$10,037$8,635$7,411$6,009
15 years$12,415$10,627$9,062$7,701$6,525$5,197
16 years$11,519$9,750$8,216$6,896$5,767$4,510
17 years$10,729$8,980$7,476$6,196$5,114$3,925
18 years$10,027$8,298$6,825$5,584$4,547$3,424
19 years$9,400$7,690$6,248$5,045$4,053$2,994
20 years$8,837$7,146$5,734$4,569$3,620$2,623
21 years$8,327$6,656$5,274$4,147$3,239$2,301
22 years$7,865$6,213$4,861$3,771$2,904$2,022
23 years$7,443$5,811$4,488$3,434$2,606$1,778
24 years$7,058$5,445$4,151$3,132$2,343$1,566
25 years$6,703$5,110$3,845$2,860$2,108$1,380
26 years$6,377$4,802$3,566$2,615$1,899$1,217
27 years$6,075$4,519$3,311$2,394$1,712$1,074
28 years$5,795$4,259$3,078$2,193$1,545$949
29 years$5,535$4,018$2,864$2,011$1,395$839
30 years$5,292$3,794$2,668$1,846$1,260$741
31 years$5,066$3,587$2,487$1,695$1,140$656
32 years$4,855$3,394$2,321$1,558$1,031$580
33 years$4,656$3,214$2,167$1,433$933$513
34 years$4,470$3,046$2,025$1,318$845$455
35 years$4,295$2,889$1,893$1,213$765$403
36 years$4,129$2,742$1,771$1,118$693$357
37 years$3,974$2,604$1,657$1,030$628$316
38 years$3,826$2,475$1,552$949$570$280
39 years$3,687$2,354$1,454$875$516$248
40 years$3,555$2,239$1,363$807$468$220
41 years$3,429$2,132$1,278$745$425$195
42 years$3,310$2,030$1,199$687$386$173
43 years$3,197$1,934$1,125$634$350$153
44 years$3,089$1,844$1,056$586$318$136
45 years$2,986$1,758$991$541$288$120
46 years$2,889$1,677$931$500$262$107
47 years$2,795$1,601$875$462$238$95
48 years$2,706$1,528$822$427$216$84
49 years$2,620$1,459$773$394$196$75
50 years$2,539$1,394$726$364$178$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,600,000, adding $3,880 every year, while hoping to spend $31,572 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: 34/44/22 Blend
49$2,600,000$2,600,000$2,600,000$2,600,000
50$2,869,202$2,731,402$2,691,102$2,947,360
51$3,128,268$2,831,649$2,747,662$3,105,948
52$3,412,701$2,935,749$2,805,058$3,273,685
53$3,725,055$3,043,859$2,863,285$3,453,926
54$4,068,143$3,156,140$2,922,338$3,647,797
55$4,445,064$3,272,761$2,982,207$3,856,536
56$4,859,233$3,393,899$3,042,883$4,081,501
57$5,314,412$3,519,738$3,104,357$4,324,186
58$5,814,745$3,650,467$3,166,616$4,586,227
59$6,364,797$3,786,288$3,229,645$4,869,424
60$6,969,598$3,927,408$3,293,430$5,175,755
61$7,634,690$4,074,044$3,357,953$5,507,393
62$8,366,178$4,226,422$3,423,194$5,866,724
63$9,170,790$4,384,778$3,489,133$6,256,374
64$10,055,937$4,549,359$3,555,745$6,679,228
65$11,029,785$4,720,420$3,623,005$7,138,458
66$12,101,332$4,898,230$3,690,885$7,637,553
67$13,280,492$5,083,068$3,759,354$8,180,350
68$14,578,189$5,275,224$3,828,379$8,771,067
69$16,006,457$5,475,003$3,897,923$9,414,347
70$17,578,560$5,682,723$3,967,947$10,115,297
71$19,309,110$5,898,713$4,038,410$10,879,534
72$21,214,208$6,123,319$4,109,266$11,713,241
73$23,311,597$6,356,901$4,180,466$12,623,221
74$25,620,826$6,599,835$4,251,958$13,616,959
75$28,163,437$6,852,514$4,323,685$14,702,697
76$30,963,166$7,115,346$4,395,587$15,889,503
77$34,046,171$7,388,759$4,467,601$17,187,359
78$37,441,271$7,673,200$4,539,657$18,607,256
79$41,180,228$7,969,133$4,611,682$20,161,291
80$45,298,036$8,277,046$4,683,599$21,862,784
81$49,833,260$8,597,445$4,755,323$23,726,398
82$54,828,393$8,930,861$4,826,767$25,768,281
83$60,330,263$9,277,846$4,897,837$28,006,212
84$66,390,468$9,638,979$4,968,433$30,459,767
85$73,065,870$10,014,863$5,038,450$33,150,506
86$80,419,125$10,406,128$5,107,775$36,102,172
87$88,519,279$10,813,432$5,176,288$39,340,910
88$97,442,417$11,237,462$5,243,866$42,895,517
89$107,272,382$11,678,935$5,310,373$46,797,709
90$118,101,564$12,138,602$5,375,670$51,082,416
91$130,031,776$12,617,247$5,439,608$55,788,114
92$143,175,211$13,115,685$5,502,028$60,957,181
93$157,655,503$13,634,774$5,562,766$66,636,297
94$173,608,891$14,175,405$5,621,646$72,876,882
95$191,185,510$14,738,512$5,678,483$79,735,575
96$210,550,802$15,325,069$5,733,082$87,274,771
97$231,887,081$15,936,095$5,785,238$95,563,204
98$255,395,254$16,572,654$5,834,734$104,676,591
99$281,296,715$17,235,859$5,881,342$114,698,346
100$309,835,436$17,926,872$5,924,823$125,720,362