Can I retire at age 50 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$218,835$216,885$214,983$213,127$211,315$205,043
2 years$108,334$106,316$104,361$102,465$100,626$94,360
3 years$71,505$69,479$67,528$65,650$63,841$57,776
4 years$53,094$51,074$49,143$47,297$45,532$39,715
5 years$42,051$40,043$38,137$36,329$34,613$29,059
6 years$34,691$32,698$30,821$29,053$27,388$22,103
7 years$29,436$27,460$25,612$23,886$22,274$17,257
8 years$25,496$23,538$21,721$20,037$18,478$13,727
9 years$22,434$20,494$18,708$17,067$15,561$11,071
10 years$19,985$18,065$16,310$14,712$13,259$9,023
11 years$17,983$16,082$14,359$12,804$11,403$7,414
12 years$16,316$14,434$12,744$11,231$9,882$6,131
13 years$14,907$13,044$11,386$9,915$8,617$5,097
14 years$13,699$11,857$10,230$8,801$7,554$4,255
15 years$12,654$10,831$9,236$7,849$6,651$3,565
16 years$11,740$9,938$8,374$7,028$5,878$2,994
17 years$10,935$9,152$7,620$6,315$5,212$2,521
18 years$10,220$8,457$6,956$5,691$4,634$2,127
19 years$9,581$7,838$6,368$5,142$4,131$1,798
20 years$9,007$7,283$5,844$4,657$3,689$1,521
21 years$8,487$6,784$5,376$4,227$3,302$1,289
22 years$8,016$6,333$4,954$3,843$2,959$1,093
23 years$7,587$5,923$4,575$3,500$2,657$927
24 years$7,193$5,549$4,231$3,192$2,388$788
25 years$6,832$5,208$3,918$2,915$2,149$669
26 years$6,499$4,895$3,634$2,666$1,935$569
27 years$6,192$4,606$3,375$2,440$1,745$484
28 years$5,906$4,341$3,137$2,235$1,575$412
29 years$5,641$4,095$2,919$2,050$1,422$350
30 years$5,394$3,867$2,719$1,881$1,285$298
31 years$5,164$3,656$2,535$1,728$1,161$254
32 years$4,948$3,459$2,365$1,588$1,051$216
33 years$4,746$3,276$2,209$1,460$951$184
34 years$4,556$3,105$2,064$1,344$861$157
35 years$4,377$2,945$1,929$1,237$780$134
36 years$4,209$2,795$1,805$1,139$706$114
37 years$4,050$2,655$1,689$1,050$640$97
38 years$3,900$2,523$1,582$967$580$83
39 years$3,758$2,399$1,482$892$526$70
40 years$3,623$2,282$1,389$823$477$60
41 years$3,495$2,173$1,303$759$433$51
42 years$3,374$2,069$1,222$701$393$44
43 years$3,258$1,971$1,147$647$357$37
44 years$3,149$1,879$1,076$597$324$32
45 years$3,044$1,792$1,011$551$294$27
46 years$2,944$1,710$949$509$267$23
47 years$2,849$1,631$892$471$242$20
48 years$2,758$1,557$838$435$220$17
49 years$2,671$1,487$788$402$200$14
50 years$2,587$1,421$740$371$182$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,650,000, adding $2,635 every year, while hoping to spend $58,087 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: 56/29/15 Blend
49$2,650,000$2,650,000$2,650,000$2,650,000
50$2,923,018$2,782,568$2,741,493$3,075,130
51$3,159,362$2,857,110$2,771,529$3,253,242
52$3,417,866$2,933,357$2,800,624$3,440,624
53$3,700,729$3,011,333$2,828,686$3,643,409
54$4,010,373$3,091,057$2,855,616$3,863,083
55$4,349,464$3,172,552$2,881,312$4,101,281
56$4,720,938$3,255,836$2,905,665$4,359,804
57$5,128,029$3,340,927$2,928,560$4,640,637
58$5,574,298$3,427,843$2,949,878$4,945,963
59$6,063,668$3,516,599$2,969,490$5,278,189
60$6,600,459$3,607,209$2,987,265$5,639,963
61$7,189,429$3,699,685$3,003,061$6,034,206
62$7,835,818$3,794,038$3,016,732$6,464,131
63$8,545,402$3,890,275$3,028,122$6,933,280
64$9,324,538$3,988,404$3,037,069$7,445,555
65$10,180,232$4,088,428$3,043,403$8,005,254
66$11,120,202$4,190,347$3,046,943$8,617,111
67$12,152,949$4,294,160$3,047,502$9,286,344
68$13,287,838$4,399,862$3,044,881$10,018,701
69$14,535,188$4,507,446$3,038,875$10,820,514
70$15,906,365$4,616,898$3,029,265$11,698,761
71$17,413,892$4,728,204$3,015,824$12,661,131
72$19,071,568$4,841,345$2,998,312$13,716,096
73$20,894,592$4,956,295$2,976,480$14,872,990
74$22,899,713$5,073,026$2,950,064$16,142,100
75$25,105,383$5,191,504$2,918,791$17,534,761
76$27,531,933$5,311,689$2,882,372$19,063,462
77$30,201,764$5,433,535$2,840,505$20,741,967
78$33,139,558$5,556,992$2,792,876$22,585,445
79$36,372,509$5,682,001$2,739,153$24,610,607
80$39,930,581$5,808,495$2,678,991$26,835,873
81$43,846,791$5,936,402$2,612,028$29,281,540
82$48,157,518$6,065,641$2,537,886$31,969,974
83$52,902,848$6,196,120$2,456,168$34,925,826
84$58,126,949$6,327,740$2,366,460$38,176,257
85$63,878,491$6,460,392$2,268,329$41,751,204
86$70,211,101$6,593,956$2,161,322$45,683,653
87$77,183,873$6,728,299$2,044,967$50,009,962
88$84,861,923$6,863,280$1,918,767$54,770,192
89$93,317,000$6,998,742$1,782,207$60,008,496
90$102,628,168$7,134,515$1,634,745$65,773,530
91$112,882,550$7,270,415$1,475,818$72,118,917
92$124,176,148$7,406,243$1,304,835$79,103,750
93$136,614,749$7,541,783$1,121,181$86,793,151
94$150,314,925$7,676,802$924,213$95,258,890
95$165,405,132$7,811,050$713,259$104,580,059
96$182,026,920$7,944,256$487,617$114,843,821
97$200,336,270$8,076,128$246,556$126,146,234
98$220,505,065$8,206,354$0$138,593,156
99$242,722,714$8,334,598$0$152,302,964
100$267,197,937$8,460,499$0$167,444,735