Can I retire at age 50 with 2,660,000?

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$219,660$217,704$215,795$213,932$212,112$208,085
2 years$108,743$106,717$104,755$102,852$101,006$96,964
3 years$71,775$69,741$67,783$65,898$64,082$60,152
4 years$53,295$51,267$49,329$47,476$45,704$41,916
5 years$42,210$40,194$38,281$36,466$34,743$31,108
6 years$34,822$32,821$30,937$29,162$27,491$24,012
7 years$29,547$27,563$25,709$23,976$22,358$19,036
8 years$25,593$23,627$21,803$20,113$18,548$15,383
9 years$22,519$20,571$18,779$17,132$15,620$12,610
10 years$20,061$18,133$16,372$14,768$13,309$10,451
11 years$18,051$16,143$14,414$12,852$11,446$8,736
12 years$16,378$14,489$12,792$11,273$9,919$7,354
13 years$14,963$13,094$11,429$9,952$8,650$6,225
14 years$13,751$11,902$10,269$8,835$7,582$5,294
15 years$12,702$10,872$9,271$7,879$6,676$4,519
16 years$11,785$9,975$8,406$7,055$5,900$3,870
17 years$10,976$9,187$7,649$6,339$5,232$3,323
18 years$10,259$8,489$6,982$5,712$4,652$2,860
19 years$9,617$7,868$6,392$5,162$4,146$2,466
20 years$9,040$7,311$5,866$4,675$3,703$2,130
21 years$8,519$6,810$5,396$4,243$3,314$1,842
22 years$8,046$6,357$4,973$3,858$2,971$1,595
23 years$7,615$5,945$4,592$3,513$2,667$1,383
24 years$7,220$5,570$4,247$3,204$2,397$1,199
25 years$6,858$5,227$3,933$2,926$2,157$1,041
26 years$6,524$4,913$3,648$2,676$1,943$905
27 years$6,215$4,624$3,387$2,449$1,752$787
28 years$5,929$4,357$3,149$2,244$1,580$684
29 years$5,662$4,110$2,930$2,058$1,427$595
30 years$5,415$3,882$2,730$1,888$1,289$518
31 years$5,183$3,669$2,545$1,734$1,166$451
32 years$4,967$3,472$2,374$1,594$1,055$393
33 years$4,764$3,288$2,217$1,466$954$342
34 years$4,573$3,116$2,071$1,349$864$298
35 years$4,394$2,956$1,937$1,242$783$260
36 years$4,225$2,806$1,812$1,143$709$227
37 years$4,065$2,665$1,696$1,053$643$198
38 years$3,914$2,532$1,588$971$583$172
39 years$3,772$2,408$1,488$895$528$150
40 years$3,637$2,291$1,394$826$479$131
41 years$3,508$2,181$1,307$762$435$114
42 years$3,387$2,077$1,226$703$395$100
43 years$3,271$1,979$1,151$649$358$87
44 years$3,160$1,886$1,080$599$325$76
45 years$3,055$1,799$1,014$554$295$66
46 years$2,955$1,716$953$511$268$58
47 years$2,860$1,638$895$472$243$50
48 years$2,768$1,563$841$436$221$44
49 years$2,681$1,493$791$403$201$38
50 years$2,597$1,426$743$373$182$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,660,000, adding $2,821 every year, while hoping to spend $59,922 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: 49/46/5 Blend
49$2,660,000$2,660,000$2,660,000$2,660,000
50$2,934,230$2,793,250$2,752,020$3,074,275
51$3,169,765$2,866,363$2,780,456$3,243,155
52$3,427,316$2,941,049$2,807,836$3,419,830
53$3,709,066$3,017,324$2,834,062$3,610,284
54$4,017,417$3,095,200$2,859,030$3,815,815
55$4,355,016$3,174,687$2,882,630$4,037,850
56$4,724,777$3,255,796$2,904,747$4,277,963
57$5,129,908$3,338,534$2,925,260$4,537,884
58$5,573,943$3,422,906$2,944,041$4,819,518
59$6,060,774$3,508,918$2,960,956$5,124,960
60$6,594,689$3,596,571$2,975,863$5,456,520
61$7,180,408$3,685,863$2,988,615$5,816,740
62$7,823,131$3,776,792$2,999,056$6,208,418
63$8,528,587$3,869,352$3,007,021$6,634,635
64$9,303,087$3,963,534$3,012,339$7,098,786
65$10,153,579$4,059,324$3,014,830$7,604,610
66$11,087,721$4,156,709$3,014,304$8,156,223
67$12,113,948$4,255,667$3,010,563$8,758,160
68$13,241,552$4,356,175$3,003,397$9,415,417
69$14,480,768$4,458,206$2,992,589$10,133,497
70$15,842,874$4,561,726$2,977,909$10,918,461
71$17,340,295$4,666,698$2,959,117$11,776,990
72$18,986,719$4,773,080$2,935,961$12,716,439
73$20,797,226$4,880,822$2,908,177$13,744,917
74$22,788,431$4,989,871$2,875,489$14,871,354
75$24,978,640$5,100,164$2,837,607$16,105,590
76$27,388,024$5,211,634$2,794,229$17,458,470
77$30,038,803$5,324,205$2,745,037$18,941,940
78$32,955,464$5,437,794$2,689,699$20,569,163
79$36,164,985$5,552,309$2,627,867$22,354,647
80$39,697,090$5,667,649$2,559,177$24,314,376
81$43,584,534$5,783,704$2,483,250$26,465,961
82$47,863,404$5,900,354$2,399,687$28,828,814
83$52,573,467$6,017,466$2,308,072$31,424,320
84$57,758,537$6,134,900$2,207,969$34,276,050
85$63,466,897$6,252,498$2,098,925$37,409,976
86$69,751,744$6,370,094$1,980,462$40,854,718
87$76,671,698$6,487,506$1,852,085$44,641,819
88$84,291,355$6,604,537$1,713,273$48,806,035
89$92,681,889$6,720,975$1,563,484$53,385,671
90$101,921,732$6,836,593$1,402,151$58,422,939
91$112,097,307$6,951,144$1,228,681$63,964,357
92$123,303,847$7,064,365$1,042,456$70,061,189
93$135,646,290$7,175,970$842,830$76,769,932
94$149,240,275$7,285,656$629,128$84,152,845
95$164,213,226$7,393,095$400,646$92,278,541
96$180,705,556$7,497,938$156,649$101,222,635
97$198,871,995$7,599,810$0$111,068,458
98$218,883,047$7,698,309$0$121,913,378
99$240,926,599$7,793,007$0$133,862,345
100$265,209,693$7,883,445$0$147,018,571