Can I retire at age 50 with 2,630,000?

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$217,183$215,248$213,361$211,519$209,720$201,399
2 years$107,516$105,514$103,573$101,692$99,867$91,587
3 years$70,966$68,955$67,019$65,155$63,359$55,381
4 years$52,694$50,689$48,773$46,940$45,189$37,572
5 years$41,734$39,741$37,849$36,055$34,352$27,117
6 years$34,429$32,451$30,588$28,833$27,181$20,333
7 years$29,214$27,253$25,419$23,705$22,106$15,641
8 years$25,304$23,360$21,557$19,886$18,339$12,252
9 years$22,265$20,339$18,567$16,938$15,444$9,725
10 years$19,835$17,928$16,187$14,601$13,159$7,797
11 years$17,848$15,960$14,251$12,707$11,317$6,299
12 years$16,193$14,325$12,647$11,146$9,807$5,120
13 years$14,794$12,946$11,300$9,840$8,552$4,182
14 years$13,596$11,767$10,153$8,735$7,497$3,428
15 years$12,559$10,750$9,167$7,790$6,601$2,819
16 years$11,652$9,863$8,311$6,975$5,834$2,324
17 years$10,853$9,083$7,563$6,267$5,173$1,920
18 years$10,143$8,393$6,904$5,648$4,599$1,589
19 years$9,509$7,779$6,320$5,103$4,099$1,316
20 years$8,939$7,228$5,800$4,622$3,662$1,092
21 years$8,423$6,733$5,335$4,195$3,277$907
22 years$7,956$6,285$4,917$3,814$2,937$753
23 years$7,529$5,878$4,540$3,474$2,637$626
24 years$7,139$5,508$4,199$3,168$2,370$521
25 years$6,781$5,169$3,889$2,893$2,132$434
26 years$6,450$4,858$3,607$2,645$1,921$361
27 years$6,145$4,572$3,349$2,421$1,732$301
28 years$5,862$4,308$3,113$2,219$1,563$250
29 years$5,599$4,064$2,897$2,035$1,411$209
30 years$5,354$3,838$2,699$1,867$1,275$174
31 years$5,125$3,628$2,516$1,715$1,153$145
32 years$4,911$3,433$2,347$1,576$1,043$121
33 years$4,710$3,251$2,192$1,449$944$101
34 years$4,521$3,081$2,048$1,333$854$84
35 years$4,344$2,922$1,915$1,227$774$70
36 years$4,177$2,774$1,791$1,130$701$58
37 years$4,019$2,635$1,676$1,042$635$49
38 years$3,870$2,504$1,570$960$576$41
39 years$3,729$2,381$1,471$885$522$34
40 years$3,596$2,265$1,379$816$474$28
41 years$3,469$2,156$1,293$753$430$24
42 years$3,348$2,054$1,213$695$390$20
43 years$3,234$1,957$1,138$642$354$16
44 years$3,125$1,865$1,068$593$321$14
45 years$3,021$1,778$1,003$547$292$11
46 years$2,922$1,697$942$506$265$9
47 years$2,827$1,619$885$467$241$8
48 years$2,737$1,546$832$432$218$7
49 years$2,650$1,476$782$399$198$6
50 years$2,568$1,410$735$369$180$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,630,000, adding $5,834 every year, while hoping to spend $53,129 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: 29/44/27 Blend
49$2,630,000$2,630,000$2,630,000$2,630,000
50$2,904,278$2,764,888$2,724,123$2,964,101
51$3,143,985$2,843,838$2,758,852$3,090,603
52$3,406,362$2,924,877$2,792,964$3,221,483
53$3,693,665$3,008,050$2,826,382$3,361,125
54$4,008,378$3,093,403$2,859,025$3,510,319
55$4,353,237$3,180,985$2,890,807$3,669,940
56$4,731,257$3,270,842$2,921,638$3,840,946
57$5,145,754$3,363,023$2,951,423$4,024,395
58$5,600,386$3,457,576$2,980,060$4,221,448
59$6,099,178$3,554,550$3,007,445$4,433,386
60$6,646,564$3,653,993$3,033,464$4,661,617
61$7,247,430$3,755,955$3,058,002$4,907,692
62$7,907,156$3,860,485$3,080,933$5,173,319
63$8,631,670$3,967,632$3,102,128$5,460,379
64$9,427,500$4,077,446$3,121,449$5,770,943
65$10,301,840$4,189,976$3,138,753$6,107,293
66$11,262,614$4,305,271$3,153,887$6,471,941
67$12,318,552$4,423,381$3,166,694$6,867,656
68$13,479,270$4,544,352$3,177,004$7,297,488
69$14,755,365$4,668,235$3,184,643$7,764,794
70$16,158,510$4,795,076$3,189,426$8,273,278
71$17,701,565$4,924,922$3,191,159$8,827,016
72$19,398,701$5,057,819$3,189,639$9,430,502
73$21,265,530$5,193,814$3,184,653$10,088,687
74$23,319,252$5,332,948$3,175,977$10,807,026
75$25,578,820$5,475,267$3,163,376$11,591,530
76$28,065,115$5,620,811$3,146,605$12,448,823
77$30,801,146$5,769,620$3,125,406$13,386,205
78$33,812,264$5,921,733$3,099,508$14,411,721
79$37,126,403$6,077,185$3,068,629$15,534,234
80$40,774,339$6,236,011$3,032,472$16,763,516
81$44,789,989$6,398,242$2,990,726$18,110,331
82$49,210,719$6,563,908$2,943,067$19,586,545
83$54,077,707$6,733,034$2,889,155$21,205,235
84$59,436,324$6,905,643$2,828,632$22,980,812
85$65,336,564$7,081,755$2,761,126$24,929,158
86$71,833,518$7,261,384$2,686,248$27,067,778
87$78,987,888$7,444,544$2,603,589$29,415,962
88$86,866,566$7,631,240$2,512,723$31,994,973
89$95,543,259$7,821,474$2,413,202$34,828,242
90$105,099,189$8,015,243$2,304,562$37,941,595
91$115,623,854$8,212,539$2,186,313$41,363,493
92$127,215,879$8,413,345$2,057,946$45,125,307
93$139,983,940$8,617,639$1,918,928$49,261,608
94$154,047,792$8,825,394$1,768,702$53,810,500
95$169,539,400$9,036,571$1,606,687$58,813,976
96$186,604,182$9,251,127$1,432,274$64,318,320
97$205,402,382$9,469,006$1,244,829$70,374,540
98$226,110,583$9,690,145$1,043,689$77,038,855
99$248,923,370$9,914,470$828,161$84,373,224
100$274,055,172$10,141,897$597,522$92,445,932