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

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$215,531$213,612$211,738$209,910$208,125$201,463
2 years$106,699$104,712$102,786$100,918$99,107$92,457
3 years$70,426$68,430$66,509$64,659$62,878$56,447
4 years$52,293$50,303$48,402$46,583$44,845$38,684
5 years$41,416$39,438$37,562$35,781$34,090$28,216
6 years$34,167$32,204$30,355$28,614$26,975$21,391
7 years$28,992$27,045$25,225$23,525$21,938$16,644
8 years$25,112$23,183$21,393$19,735$18,199$13,193
9 years$22,095$20,185$18,426$16,810$15,326$10,601
10 years$19,684$17,792$16,064$14,490$13,059$8,607
11 years$17,712$15,839$14,143$12,611$11,231$7,045
12 years$16,070$14,216$12,551$11,061$9,733$5,803
13 years$14,682$12,847$11,214$9,765$8,487$4,805
14 years$13,493$11,678$10,076$8,669$7,440$3,995
15 years$12,463$10,668$9,097$7,731$6,550$3,332
16 years$11,563$9,788$8,248$6,922$5,789$2,787
17 years$10,770$9,014$7,505$6,220$5,133$2,337
18 years$10,066$8,329$6,851$5,605$4,564$1,963
19 years$9,436$7,720$6,272$5,065$4,068$1,651
20 years$8,871$7,173$5,756$4,587$3,634$1,391
21 years$8,359$6,682$5,294$4,163$3,252$1,173
22 years$7,895$6,237$4,880$3,785$2,915$990
23 years$7,472$5,834$4,505$3,447$2,617$836
24 years$7,085$5,466$4,167$3,144$2,352$707
25 years$6,729$5,129$3,859$2,871$2,116$598
26 years$6,401$4,821$3,579$2,625$1,906$506
27 years$6,098$4,537$3,324$2,403$1,719$428
28 years$5,817$4,275$3,090$2,202$1,551$362
29 years$5,556$4,033$2,875$2,019$1,400$307
30 years$5,313$3,809$2,678$1,853$1,265$260
31 years$5,086$3,600$2,497$1,702$1,144$220
32 years$4,873$3,407$2,330$1,564$1,035$187
33 years$4,674$3,226$2,175$1,438$936$158
34 years$4,487$3,058$2,032$1,323$848$134
35 years$4,311$2,900$1,900$1,218$768$114
36 years$4,145$2,753$1,778$1,122$696$96
37 years$3,989$2,615$1,664$1,034$631$82
38 years$3,841$2,485$1,558$953$572$69
39 years$3,701$2,363$1,460$879$518$59
40 years$3,568$2,248$1,368$810$470$50
41 years$3,442$2,140$1,283$748$427$42
42 years$3,323$2,038$1,203$690$387$36
43 years$3,209$1,942$1,129$637$351$30
44 years$3,101$1,851$1,060$588$319$26
45 years$2,998$1,765$995$543$290$22
46 years$2,900$1,684$935$502$263$19
47 years$2,806$1,607$878$463$239$16
48 years$2,716$1,534$825$428$217$13
49 years$2,630$1,465$776$396$197$11
50 years$2,548$1,399$729$366$179$10

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 $5,251 every year, while hoping to spend $49,055 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: 65/22/13 Blend
49$2,610,000$2,610,000$2,610,000$2,610,000
50$2,881,636$2,743,306$2,702,851$3,059,917
51$3,123,369$2,825,534$2,741,203$3,261,891
52$3,388,115$2,910,147$2,779,195$3,476,293
53$3,678,168$2,997,210$2,816,764$3,709,337
54$3,996,058$3,086,790$2,853,842$3,962,838
55$4,344,568$3,178,955$2,890,358$4,238,799
56$4,726,764$3,273,774$2,926,235$4,539,421
57$5,146,025$3,371,320$2,961,395$4,867,129
58$5,606,070$3,471,666$2,995,752$5,224,595
59$6,110,997$3,574,885$3,029,218$5,614,757
60$6,665,320$3,681,055$3,061,697$6,040,856
61$7,274,010$3,790,254$3,093,091$6,506,456
62$7,942,544$3,902,562$3,123,295$7,015,486
63$8,676,956$4,018,060$3,152,198$7,572,272
64$9,483,893$4,136,832$3,179,684$8,181,578
65$10,370,677$4,258,964$3,205,630$8,848,653
66$11,345,374$4,384,541$3,229,908$9,579,279
67$12,416,873$4,513,655$3,252,380$10,379,822
68$13,594,965$4,646,394$3,272,905$11,257,300
69$14,890,436$4,782,852$3,291,332$12,219,441
70$16,315,171$4,923,123$3,307,503$13,274,757
71$17,882,266$5,067,304$3,321,252$14,432,630
72$19,606,148$5,215,492$3,332,405$15,703,393
73$21,502,712$5,367,788$3,340,777$17,098,430
74$23,589,473$5,524,294$3,346,177$18,630,286
75$25,885,728$5,685,113$3,348,403$20,312,779
76$28,412,740$5,850,352$3,347,243$22,161,138
77$31,193,938$6,020,117$3,342,473$24,192,138
78$34,255,135$6,194,518$3,333,862$26,424,265
79$37,624,776$6,373,667$3,321,163$28,877,886
80$41,334,203$6,557,676$3,304,122$31,575,443
81$45,417,949$6,746,659$3,282,467$34,541,664
82$49,914,069$6,940,735$3,255,919$37,803,796
83$54,864,492$7,140,019$3,224,181$41,391,861
84$60,315,424$7,344,634$3,186,944$45,338,943
85$66,317,775$7,554,699$3,143,885$49,681,493
86$72,927,647$7,770,337$3,094,664$54,459,680
87$80,206,857$7,991,675$3,038,925$59,717,767
88$88,223,526$8,218,836$2,976,298$65,504,525
89$97,052,715$8,451,948$2,906,394$71,873,701
90$106,777,139$8,691,141$2,828,805$78,884,517
91$117,487,943$8,936,542$2,743,106$86,602,235
92$129,285,564$9,188,284$2,648,851$95,098,767
93$142,280,679$9,446,497$2,545,575$104,453,360
94$156,595,248$9,711,315$2,432,791$114,753,340
95$172,363,663$9,982,869$2,309,990$126,094,934
96$189,734,021$10,261,295$2,176,639$138,584,185
97$208,869,518$10,546,725$2,032,183$152,337,945
98$229,949,988$10,839,294$1,876,041$167,484,984
99$253,173,603$11,139,135$1,707,604$184,167,202
100$278,758,742$11,446,384$1,526,240$202,540,969