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%18.8%
1 years$219,660$217,704$215,795$213,932$212,112$204,586
2 years$108,743$106,717$104,755$102,852$101,006$93,504
3 years$71,775$69,741$67,783$65,898$64,082$56,840
4 years$53,295$51,267$49,329$47,476$45,704$38,777
5 years$42,210$40,194$38,281$36,466$34,743$28,149
6 years$34,822$32,821$30,937$29,162$27,491$21,235
7 years$29,547$27,563$25,709$23,976$22,358$16,439
8 years$25,593$23,627$21,803$20,113$18,548$12,961
9 years$22,519$20,571$18,779$17,132$15,620$10,357
10 years$20,061$18,133$16,372$14,768$13,309$8,362
11 years$18,051$16,143$14,414$12,852$11,446$6,805
12 years$16,378$14,489$12,792$11,273$9,919$5,572
13 years$14,963$13,094$11,429$9,952$8,650$4,585
14 years$13,751$11,902$10,269$8,835$7,582$3,788
15 years$12,702$10,872$9,271$7,879$6,676$3,140
16 years$11,785$9,975$8,406$7,055$5,900$2,609
17 years$10,976$9,187$7,649$6,339$5,232$2,173
18 years$10,259$8,489$6,982$5,712$4,652$1,813
19 years$9,617$7,868$6,392$5,162$4,146$1,515
20 years$9,040$7,311$5,866$4,675$3,703$1,267
21 years$8,519$6,810$5,396$4,243$3,314$1,061
22 years$8,046$6,357$4,973$3,858$2,971$889
23 years$7,615$5,945$4,592$3,513$2,667$746
24 years$7,220$5,570$4,247$3,204$2,397$626
25 years$6,858$5,227$3,933$2,926$2,157$525
26 years$6,524$4,913$3,648$2,676$1,943$441
27 years$6,215$4,624$3,387$2,449$1,752$371
28 years$5,929$4,357$3,149$2,244$1,580$312
29 years$5,662$4,110$2,930$2,058$1,427$262
30 years$5,415$3,882$2,730$1,888$1,289$220
31 years$5,183$3,669$2,545$1,734$1,166$185
32 years$4,967$3,472$2,374$1,594$1,055$156
33 years$4,764$3,288$2,217$1,466$954$131
34 years$4,573$3,116$2,071$1,349$864$110
35 years$4,394$2,956$1,937$1,242$783$93
36 years$4,225$2,806$1,812$1,143$709$78
37 years$4,065$2,665$1,696$1,053$643$66
38 years$3,914$2,532$1,588$971$583$55
39 years$3,772$2,408$1,488$895$528$47
40 years$3,637$2,291$1,394$826$479$39
41 years$3,508$2,181$1,307$762$435$33
42 years$3,387$2,077$1,226$703$395$28
43 years$3,271$1,979$1,151$649$358$23
44 years$3,160$1,886$1,080$599$325$20
45 years$3,055$1,799$1,014$554$295$17
46 years$2,955$1,716$953$511$268$14
47 years$2,860$1,638$895$472$243$12
48 years$2,768$1,563$841$436$221$10
49 years$2,681$1,493$791$403$201$8
50 years$2,597$1,426$743$373$182$7

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 $6,784 every year, while hoping to spend $34,844 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: 46/37/17 Blend
49$2,660,000$2,660,000$2,660,000$2,660,000
50$2,938,318$2,797,338$2,756,108$3,058,962
51$3,200,952$2,897,333$2,811,364$3,243,734
52$3,489,208$3,001,061$2,867,303$3,440,027
53$3,805,661$3,108,667$2,923,911$3,652,240
54$4,153,150$3,220,303$2,981,173$3,881,867
55$4,534,800$3,336,127$3,039,072$4,130,551
56$4,954,058$3,456,305$3,097,589$4,400,100
57$5,414,715$3,581,008$3,156,702$4,692,500
58$5,920,953$3,710,414$3,216,388$5,009,935
59$6,477,377$3,844,711$3,276,624$5,354,807
60$7,089,059$3,984,091$3,337,380$5,729,759
61$7,761,588$4,128,757$3,398,628$6,137,697
62$8,501,123$4,278,920$3,460,335$6,581,819
63$9,314,449$4,434,797$3,522,467$7,065,643
64$10,209,038$4,596,618$3,584,985$7,593,040
65$11,193,129$4,764,621$3,647,851$8,168,271
66$12,275,794$4,939,053$3,711,019$8,796,024
67$13,467,031$5,120,173$3,774,445$9,481,459
68$14,777,856$5,308,249$3,838,076$10,230,256
69$16,220,406$5,503,563$3,901,861$11,048,667
70$17,808,056$5,706,406$3,965,742$11,943,576
71$19,555,541$5,917,083$4,029,658$12,922,560
72$21,479,098$6,135,911$4,093,543$13,993,961
73$23,596,617$6,363,223$4,157,328$15,166,966
74$25,927,814$6,599,362$4,220,940$16,451,688
75$28,494,409$6,844,689$4,284,300$17,859,266
76$31,320,338$7,099,578$4,347,323$19,401,963
77$34,431,977$7,364,422$4,409,923$21,093,286
78$37,858,387$7,639,627$4,472,004$22,948,110
79$41,631,592$7,925,619$4,533,466$24,982,815
80$45,786,882$8,222,841$4,594,204$27,215,444
81$50,363,141$8,531,757$4,654,107$29,665,868
82$55,403,217$8,852,849$4,713,055$32,355,975
83$60,954,326$9,186,620$4,770,923$35,309,873
84$67,068,498$9,533,595$4,827,580$38,554,117
85$73,803,065$9,894,321$4,882,885$42,117,960
86$81,221,206$10,269,372$4,936,690$46,033,623
87$89,392,540$10,659,342$4,988,840$50,336,601
88$98,393,783$11,064,853$5,039,170$55,065,998
89$108,309,474$11,486,556$5,087,507$60,264,888
90$119,232,770$11,925,127$5,133,668$65,980,727
91$131,266,328$12,381,274$5,177,461$72,265,793
92$144,523,271$12,855,734$5,218,684$79,177,683
93$159,128,257$13,349,277$5,257,123$86,779,850
94$175,218,656$13,862,708$5,292,553$95,142,202
95$192,945,844$14,396,866$5,324,738$104,341,759
96$212,476,633$14,952,626$5,353,430$114,463,378
97$233,994,849$15,530,903$5,378,369$125,600,554
98$257,703,058$16,132,653$5,399,279$137,856,294
99$283,824,488$16,758,871$5,415,873$151,344,094
100$312,605,129$17,410,599$5,427,848$166,189,002