Can I retire at age 50 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$215,531$213,612$211,738$209,910$208,125$205,269
2 years$106,699$104,712$102,786$100,918$99,107$96,235
3 years$70,426$68,430$66,509$64,659$62,878$60,078
4 years$52,293$50,303$48,402$46,583$44,845$42,140
5 years$41,416$39,438$37,562$35,781$34,090$31,488
6 years$34,167$32,204$30,355$28,614$26,975$24,478
7 years$28,992$27,045$25,225$23,525$21,938$19,547
8 years$25,112$23,183$21,393$19,735$18,199$15,915
9 years$22,095$20,185$18,426$16,810$15,326$13,147
10 years$19,684$17,792$16,064$14,490$13,059$10,983
11 years$17,712$15,839$14,143$12,611$11,231$9,256
12 years$16,070$14,216$12,551$11,061$9,733$7,857
13 years$14,682$12,847$11,214$9,765$8,487$6,708
14 years$13,493$11,678$10,076$8,669$7,440$5,755
15 years$12,463$10,668$9,097$7,731$6,550$4,957
16 years$11,563$9,788$8,248$6,922$5,789$4,283
17 years$10,770$9,014$7,505$6,220$5,133$3,712
18 years$10,066$8,329$6,851$5,605$4,564$3,225
19 years$9,436$7,720$6,272$5,065$4,068$2,807
20 years$8,871$7,173$5,756$4,587$3,634$2,448
21 years$8,359$6,682$5,294$4,163$3,252$2,138
22 years$7,895$6,237$4,880$3,785$2,915$1,870
23 years$7,472$5,834$4,505$3,447$2,617$1,638
24 years$7,085$5,466$4,167$3,144$2,352$1,435
25 years$6,729$5,129$3,859$2,871$2,116$1,259
26 years$6,401$4,821$3,579$2,625$1,906$1,105
27 years$6,098$4,537$3,324$2,403$1,719$971
28 years$5,817$4,275$3,090$2,202$1,551$853
29 years$5,556$4,033$2,875$2,019$1,400$750
30 years$5,313$3,809$2,678$1,853$1,265$660
31 years$5,086$3,600$2,497$1,702$1,144$581
32 years$4,873$3,407$2,330$1,564$1,035$512
33 years$4,674$3,226$2,175$1,438$936$451
34 years$4,487$3,058$2,032$1,323$848$397
35 years$4,311$2,900$1,900$1,218$768$350
36 years$4,145$2,753$1,778$1,122$696$308
37 years$3,989$2,615$1,664$1,034$631$272
38 years$3,841$2,485$1,558$953$572$239
39 years$3,701$2,363$1,460$879$518$211
40 years$3,568$2,248$1,368$810$470$186
41 years$3,442$2,140$1,283$748$427$164
42 years$3,323$2,038$1,203$690$387$145
43 years$3,209$1,942$1,129$637$351$128
44 years$3,101$1,851$1,060$588$319$113
45 years$2,998$1,765$995$543$290$99
46 years$2,900$1,684$935$502$263$88
47 years$2,806$1,607$878$463$239$77
48 years$2,716$1,534$825$428$217$68
49 years$2,630$1,465$776$396$197$60
50 years$2,548$1,399$729$366$179$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,610,000, adding $2,695 every year, while hoping to spend $32,217 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: 45/37/18 Blend
49$2,610,000$2,610,000$2,610,000$2,610,000
50$2,879,000$2,740,670$2,700,215$2,993,558
51$3,138,379$2,840,684$2,756,393$3,174,050
52$3,423,136$2,944,519$2,813,374$3,366,238
53$3,735,823$3,052,328$2,871,150$3,573,970
54$4,079,256$3,164,271$2,929,712$3,798,702
55$4,456,534$3,280,515$2,989,052$4,042,033
56$4,871,072$3,401,231$3,049,156$4,305,723
57$5,326,632$3,526,602$3,110,014$4,591,705
58$5,827,358$3,656,816$3,171,609$4,902,105
59$6,377,817$3,792,068$3,233,926$5,239,260
60$6,983,039$3,932,564$3,296,947$5,605,741
61$7,648,566$4,078,516$3,360,652$6,004,375
62$8,380,504$4,230,148$3,425,019$6,438,274
63$9,185,582$4,387,692$3,490,023$6,910,858
64$10,071,210$4,551,388$3,555,638$7,425,893
65$11,045,557$4,721,489$3,621,835$7,987,521
66$12,117,620$4,898,258$3,688,583$8,600,300
67$13,297,315$5,081,970$3,755,847$9,269,248
68$14,595,564$5,272,910$3,823,592$9,999,887
69$16,024,406$5,471,377$3,891,776$10,798,292
70$17,597,102$5,677,681$3,960,358$11,671,156
71$19,328,267$5,892,148$4,029,290$12,625,842
72$21,234,003$6,115,116$4,098,524$13,670,457
73$23,332,053$6,346,939$4,168,007$14,813,928
74$25,641,968$6,587,984$4,237,680$16,066,083
75$28,185,291$6,838,637$4,307,484$17,437,743
76$30,985,760$7,099,300$4,377,354$18,940,823
77$34,069,531$7,370,390$4,447,220$20,588,445
78$37,465,429$7,652,345$4,517,008$22,395,058
79$41,205,215$7,945,621$4,586,639$24,376,575
80$45,323,884$8,250,694$4,656,029$26,550,521
81$49,860,005$8,568,062$4,725,090$28,936,196
82$54,856,071$8,898,243$4,793,726$31,554,859
83$60,358,912$9,241,779$4,861,838$34,429,923
84$66,420,130$9,599,235$4,929,319$37,587,178
85$73,096,587$9,971,201$4,996,055$41,055,030
86$80,450,944$10,358,295$5,061,927$44,864,769
87$88,552,247$10,761,159$5,126,809$49,050,863
88$97,476,586$11,180,465$5,190,567$53,651,280
89$107,307,806$11,616,916$5,253,059$58,707,845
90$118,138,301$12,071,244$5,314,135$64,266,634
91$130,069,887$12,544,214$5,373,638$70,378,404
92$143,214,762$13,036,627$5,431,401$77,099,075
93$157,696,563$13,549,317$5,487,249$84,490,250
94$173,651,536$14,083,156$5,540,995$92,619,796
95$191,229,818$14,639,057$5,592,443$101,562,486
96$210,596,858$15,217,970$5,641,389$111,400,697
97$231,934,977$15,820,889$5,687,615$122,225,186
98$255,445,087$16,448,856$5,730,893$134,135,948
99$281,348,590$17,102,953$5,770,982$147,243,153
100$309,889,466$17,784,317$5,807,629$161,668,183