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%14%
1 years$218,835$216,885$214,983$213,127$211,315$207,814
2 years$108,334$106,316$104,361$102,465$100,626$97,109
3 years$71,505$69,479$67,528$65,650$63,841$60,418
4 years$53,094$51,074$49,143$47,297$45,532$42,229
5 years$42,051$40,043$38,137$36,329$34,613$31,439
6 years$34,691$32,698$30,821$29,053$27,388$24,347
7 years$29,436$27,460$25,612$23,886$22,274$19,367
8 years$25,496$23,538$21,721$20,037$18,478$15,705
9 years$22,434$20,494$18,708$17,067$15,561$12,919
10 years$19,985$18,065$16,310$14,712$13,259$10,747
11 years$17,983$16,082$14,359$12,804$11,403$9,018
12 years$16,316$14,434$12,744$11,231$9,882$7,620
13 years$14,907$13,044$11,386$9,915$8,617$6,476
14 years$13,699$11,857$10,230$8,801$7,554$5,530
15 years$12,654$10,831$9,236$7,849$6,651$4,740
16 years$11,740$9,938$8,374$7,028$5,878$4,076
17 years$10,935$9,152$7,620$6,315$5,212$3,515
18 years$10,220$8,457$6,956$5,691$4,634$3,038
19 years$9,581$7,838$6,368$5,142$4,131$2,632
20 years$9,007$7,283$5,844$4,657$3,689$2,283
21 years$8,487$6,784$5,376$4,227$3,302$1,984
22 years$8,016$6,333$4,954$3,843$2,959$1,726
23 years$7,587$5,923$4,575$3,500$2,657$1,503
24 years$7,193$5,549$4,231$3,192$2,388$1,310
25 years$6,832$5,208$3,918$2,915$2,149$1,143
26 years$6,499$4,895$3,634$2,666$1,935$998
27 years$6,192$4,606$3,375$2,440$1,745$871
28 years$5,906$4,341$3,137$2,235$1,575$762
29 years$5,641$4,095$2,919$2,050$1,422$666
30 years$5,394$3,867$2,719$1,881$1,285$582
31 years$5,164$3,656$2,535$1,728$1,161$510
32 years$4,948$3,459$2,365$1,588$1,051$446
33 years$4,746$3,276$2,209$1,460$951$391
34 years$4,556$3,105$2,064$1,344$861$342
35 years$4,377$2,945$1,929$1,237$780$300
36 years$4,209$2,795$1,805$1,139$706$262
37 years$4,050$2,655$1,689$1,050$640$230
38 years$3,900$2,523$1,582$967$580$202
39 years$3,758$2,399$1,482$892$526$177
40 years$3,623$2,282$1,389$823$477$155
41 years$3,495$2,173$1,303$759$433$136
42 years$3,374$2,069$1,222$701$393$119
43 years$3,258$1,971$1,147$647$357$104
44 years$3,149$1,879$1,076$597$324$91
45 years$3,044$1,792$1,011$551$294$80
46 years$2,944$1,710$949$509$267$70
47 years$2,849$1,631$892$471$242$62
48 years$2,758$1,557$838$435$220$54
49 years$2,671$1,487$788$402$200$47
50 years$2,587$1,421$740$371$182$42

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 $4,246 every year, while hoping to spend $33,902 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: 83/10/7 Blend
49$2,650,000$2,650,000$2,650,000$2,650,000
50$2,924,680$2,784,230$2,743,155$3,165,204
51$3,186,926$2,884,586$2,798,979$3,423,354
52$3,474,784$2,988,723$2,855,537$3,701,767
53$3,790,833$3,096,790$2,912,818$4,006,431
54$4,137,909$3,208,944$2,970,808$4,339,959
55$4,519,140$3,325,347$3,029,495$4,705,227
56$4,937,970$3,446,167$3,088,861$5,105,401
57$5,398,194$3,571,580$3,148,889$5,543,970
58$5,903,992$3,701,770$3,209,559$6,024,775
59$6,459,970$3,836,927$3,270,850$6,552,048
60$7,071,201$3,977,251$3,332,738$7,130,448
61$7,743,276$4,122,948$3,395,197$7,765,108
62$8,482,353$4,274,236$3,458,199$8,461,683
63$9,295,218$4,431,338$3,521,713$9,226,400
64$10,189,346$4,594,490$3,585,707$10,066,119
65$11,172,975$4,763,936$3,650,143$10,988,398
66$12,255,180$4,939,930$3,714,985$12,001,561
67$13,445,961$5,122,739$3,780,189$13,114,781
68$14,756,335$5,312,639$3,845,712$14,338,160
69$16,198,442$5,509,919$3,911,504$15,682,829
70$17,785,658$5,714,881$3,977,514$17,161,051
71$19,532,723$5,927,837$4,043,688$18,786,335
72$21,455,874$6,149,115$4,109,966$20,573,566
73$23,573,008$6,379,056$4,176,284$22,539,143
74$25,903,842$6,618,016$4,242,576$24,701,133
75$28,470,102$6,866,367$4,308,771$27,079,442
76$31,295,728$7,124,495$4,374,790$29,696,003
77$34,407,101$7,392,804$4,440,555$32,574,981
78$37,833,289$7,671,716$4,505,977$35,743,003
79$41,606,324$7,961,669$4,570,966$39,229,406
80$45,761,500$8,263,121$4,635,425$43,066,514
81$50,337,711$8,576,552$4,699,250$47,289,944
82$55,377,814$8,902,460$4,762,331$51,938,941
83$60,929,036$9,241,366$4,824,555$57,056,748
84$67,043,418$9,593,813$4,885,797$62,691,012
85$73,778,304$9,960,367$4,945,929$68,894,235
86$81,196,887$10,341,621$5,004,814$75,724,270
87$89,368,802$10,738,193$5,062,307$83,244,862
88$98,370,781$11,150,726$5,118,255$91,526,254
89$108,287,382$11,579,893$5,172,499$100,645,845
90$119,211,785$12,026,397$5,224,867$110,688,926
91$131,246,668$12,490,972$5,275,181$121,749,476
92$144,505,180$12,974,381$5,323,252$133,931,055
93$159,112,009$13,477,426$5,368,881$147,347,779
94$175,204,553$14,000,940$5,411,858$162,125,396
95$192,934,226$14,545,794$5,451,963$178,402,471
96$212,467,877$15,112,898$5,488,964$196,331,696
97$233,989,373$15,703,203$5,522,617$216,081,327
98$257,701,330$16,317,701$5,552,666$237,836,775
99$283,827,025$16,957,427$5,578,840$261,802,352
100$312,612,506$17,623,466$5,600,855$288,203,203