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 $6,171 every year, while hoping to spend $33,320 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: 48/34/18 Blend
49$2,660,000$2,660,000$2,660,000$2,660,000
50$2,937,685$2,796,705$2,755,475$3,063,536
51$3,201,877$2,898,292$2,812,332$3,253,088
52$3,491,900$3,003,739$2,869,976$3,454,911
53$3,810,352$3,113,201$2,928,399$3,673,351
54$4,160,099$3,226,839$2,987,591$3,909,980
55$4,544,295$3,344,820$3,047,541$4,166,523
56$4,966,414$3,467,317$3,108,235$4,444,879
57$5,430,285$3,594,512$3,169,657$4,747,133
58$5,940,126$3,726,595$3,231,793$5,075,583
59$6,500,583$3,863,763$3,294,622$5,432,752
60$7,116,775$4,006,220$3,358,125$5,821,418
61$7,794,343$4,154,182$3,422,279$6,244,637
62$8,539,500$4,307,870$3,487,059$6,705,770
63$9,359,092$4,467,519$3,552,439$7,208,517
64$10,260,663$4,633,371$3,618,388$7,756,948
65$11,252,522$4,805,677$3,684,876$8,355,546
66$12,343,827$4,984,703$3,751,867$9,009,240
67$13,544,667$5,170,723$3,819,324$9,723,458
68$14,866,158$5,364,024$3,887,206$10,504,176
69$16,320,549$5,564,904$3,955,471$11,357,972
70$17,921,336$5,773,676$4,024,071$12,292,086
71$19,683,391$5,990,664$4,092,955$13,314,493
72$21,623,099$6,216,208$4,162,071$14,433,969
73$23,758,515$6,450,662$4,231,361$15,660,183
74$26,109,534$6,694,395$4,300,762$17,003,777
75$28,698,078$6,947,792$4,370,209$18,476,472
76$31,548,302$7,211,255$4,439,631$20,091,176
77$34,686,825$7,485,202$4,508,955$21,862,105
78$38,142,975$7,770,071$4,578,099$23,804,914
79$41,949,073$8,066,319$4,646,980$25,936,846
80$46,140,732$8,374,422$4,715,507$28,276,893
81$50,757,195$8,694,877$4,783,585$30,845,972
82$55,841,705$9,028,203$4,851,111$33,667,123
83$61,441,915$9,374,940$4,917,979$36,765,726
84$67,610,333$9,735,655$4,984,075$40,169,737
85$74,404,823$10,110,938$5,049,276$43,909,950
86$81,889,144$10,501,403$5,113,457$48,020,290
87$90,133,560$10,907,695$5,176,481$52,538,125
88$99,215,496$11,330,485$5,238,205$57,504,625
89$109,220,270$11,770,473$5,298,479$62,965,142
90$120,241,903$12,228,391$5,357,143$68,969,639
91$132,383,999$12,705,004$5,414,030$75,573,162
92$145,760,728$13,201,110$5,468,960$82,836,353
93$160,497,900$13,717,542$5,521,748$90,826,023
94$176,734,155$14,255,171$5,572,197$99,615,783
95$194,622,271$14,814,907$5,620,097$109,286,731
96$214,330,604$15,397,698$5,665,231$119,928,218
97$236,044,677$16,004,537$5,707,368$131,638,691
98$259,968,935$16,636,460$5,746,266$144,526,618
99$286,328,670$17,294,550$5,781,669$158,711,507
100$315,372,149$17,979,938$5,813,310$174,325,037