Can I retire at age 50 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$221,312$219,341$217,417$215,540$213,707$205,634
2 years$109,560$107,520$105,542$103,625$101,765$93,726
3 years$72,315$70,265$68,293$66,394$64,564$56,811
4 years$53,696$51,653$49,700$47,833$46,048$38,640
5 years$42,527$40,496$38,569$36,740$35,005$27,961
6 years$35,084$33,068$31,170$29,381$27,698$21,024
7 years$29,769$27,771$25,902$24,156$22,526$16,219
8 years$25,785$23,805$21,967$20,264$18,687$12,742
9 years$22,688$20,726$18,920$17,260$15,737$10,145
10 years$20,212$18,269$16,495$14,879$13,409$8,160
11 years$18,187$16,264$14,522$12,949$11,532$6,614
12 years$16,501$14,598$12,888$11,358$9,994$5,394
13 years$15,075$13,192$11,514$10,027$8,715$4,421
14 years$13,855$11,991$10,346$8,901$7,639$3,637
15 years$12,797$10,954$9,341$7,938$6,726$3,001
16 years$11,873$10,050$8,469$7,108$5,945$2,483
17 years$11,059$9,256$7,706$6,386$5,271$2,059
18 years$10,336$8,553$7,035$5,755$4,687$1,710
19 years$9,689$7,927$6,440$5,200$4,177$1,422
20 years$9,108$7,366$5,910$4,710$3,731$1,184
21 years$8,584$6,861$5,436$4,275$3,339$987
22 years$8,107$6,404$5,011$3,887$2,993$824
23 years$7,672$5,990$4,626$3,540$2,687$687
24 years$7,275$5,612$4,279$3,228$2,415$574
25 years$6,909$5,267$3,963$2,948$2,173$480
26 years$6,573$4,950$3,675$2,696$1,957$401
27 years$6,262$4,658$3,413$2,468$1,765$335
28 years$5,973$4,390$3,173$2,261$1,592$280
29 years$5,705$4,141$2,952$2,073$1,438$235
30 years$5,455$3,911$2,750$1,903$1,299$196
31 years$5,222$3,697$2,564$1,747$1,175$164
32 years$5,004$3,498$2,392$1,606$1,062$137
33 years$4,799$3,313$2,234$1,477$962$115
34 years$4,607$3,140$2,087$1,359$871$96
35 years$4,427$2,978$1,951$1,251$789$81
36 years$4,256$2,827$1,825$1,152$714$68
37 years$4,096$2,685$1,708$1,061$648$57
38 years$3,944$2,551$1,600$978$587$47
39 years$3,800$2,426$1,499$902$532$40
40 years$3,664$2,308$1,405$832$483$33
41 years$3,535$2,197$1,317$768$438$28
42 years$3,412$2,093$1,236$708$397$23
43 years$3,295$1,994$1,160$654$361$19
44 years$3,184$1,900$1,088$604$327$16
45 years$3,078$1,812$1,022$558$297$14
46 years$2,977$1,729$960$515$270$11
47 years$2,881$1,650$902$476$245$10
48 years$2,789$1,575$847$440$223$8
49 years$2,701$1,504$797$406$202$7
50 years$2,617$1,437$749$376$184$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,680,000, adding $4,088 every year, while hoping to spend $44,664 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: 42/33/25 Blend
49$2,680,000$2,680,000$2,680,000$2,680,000
50$2,957,577$2,815,537$2,773,997$3,059,986
51$3,211,727$2,905,976$2,819,404$3,224,143
52$3,490,305$2,999,350$2,864,834$3,397,242
53$3,795,752$3,095,755$2,910,243$3,583,825
54$4,130,763$3,195,291$2,955,580$3,785,159
55$4,498,302$3,298,061$3,000,793$4,002,639
56$4,901,636$3,404,172$3,045,827$4,237,800
57$5,344,361$3,513,735$3,090,620$4,492,330
58$5,830,441$3,626,864$3,135,111$4,768,086
59$6,364,241$3,743,675$3,179,233$5,067,112
60$6,950,571$3,864,292$3,222,914$5,391,658
61$7,594,727$3,988,841$3,266,080$5,744,201
62$8,302,546$4,117,451$3,308,650$6,127,465
63$9,080,457$4,250,257$3,350,541$6,544,452
64$9,935,543$4,387,399$3,391,664$6,998,466
65$10,875,607$4,529,020$3,431,923$7,493,144
66$11,909,247$4,675,271$3,471,221$8,032,490
67$13,045,935$4,826,303$3,509,451$8,620,916
68$14,296,106$4,982,278$3,546,503$9,263,278
69$15,671,258$5,143,359$3,582,261$9,964,925
70$17,184,060$5,309,717$3,616,600$10,731,747
71$18,848,469$5,481,528$3,649,391$11,570,232
72$20,679,864$5,658,974$3,680,497$12,487,526
73$22,695,191$5,842,244$3,709,774$13,491,500
74$24,913,119$6,031,533$3,737,070$14,590,824
75$27,354,220$6,227,042$3,762,225$15,795,048
76$30,041,163$6,428,979$3,785,073$17,114,693
77$32,998,924$6,637,561$3,805,435$18,561,348
78$36,255,024$6,853,011$3,823,126$20,147,781
79$39,839,787$7,075,560$3,837,952$21,888,056
80$43,786,629$7,305,446$3,849,707$23,797,669
81$48,132,369$7,542,916$3,858,176$25,893,693
82$52,917,579$7,788,228$3,863,133$28,194,935
83$58,186,965$8,041,644$3,864,341$30,722,119
84$63,989,790$8,303,439$3,861,551$33,498,075
85$70,380,337$8,573,896$3,854,502$36,547,960
86$77,418,424$8,853,309$3,842,919$39,899,489
87$85,169,963$9,141,981$3,826,517$43,583,201
88$93,707,586$9,440,225$3,804,993$47,632,745
89$103,111,332$9,748,368$3,778,032$52,085,196
90$113,469,395$10,066,745$3,745,303$56,981,407
91$124,878,963$10,395,705$3,706,460$62,366,389
92$137,447,131$10,735,609$3,661,140$68,289,743
93$151,291,913$11,086,828$3,608,963$74,806,123
94$166,543,356$11,449,751$3,549,531$81,975,749
95$183,344,765$11,824,776$3,482,428$89,864,981
96$201,854,060$12,212,318$3,407,217$98,546,940
97$222,245,258$12,612,806$3,323,443$108,102,201
98$244,710,124$13,026,683$3,230,628$118,619,551
99$269,459,975$13,454,409$3,128,273$130,196,825
100$296,727,678$13,896,461$3,015,856$142,941,835