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

Use the below retirement simulation to view the chances of a successful retirement.
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%11%
1 years$221,312$219,341$217,417$215,540$213,707$212,806
2 years$109,560$107,520$105,542$103,625$101,765$100,856
3 years$72,315$70,265$68,293$66,394$64,564$63,674
4 years$53,696$51,653$49,700$47,833$46,048$45,184
5 years$42,527$40,496$38,569$36,740$35,005$34,170
6 years$35,084$33,068$31,170$29,381$27,698$26,894
7 years$29,769$27,771$25,902$24,156$22,526$21,752
8 years$25,785$23,805$21,967$20,264$18,687$17,944
9 years$22,688$20,726$18,920$17,260$15,737$15,024
10 years$20,212$18,269$16,495$14,879$13,409$12,726
11 years$18,187$16,264$14,522$12,949$11,532$10,879
12 years$16,501$14,598$12,888$11,358$9,994$9,369
13 years$15,075$13,192$11,514$10,027$8,715$8,119
14 years$13,855$11,991$10,346$8,901$7,639$7,071
15 years$12,797$10,954$9,341$7,938$6,726$6,185
16 years$11,873$10,050$8,469$7,108$5,945$5,430
17 years$11,059$9,256$7,706$6,386$5,271$4,782
18 years$10,336$8,553$7,035$5,755$4,687$4,223
19 years$9,689$7,927$6,440$5,200$4,177$3,737
20 years$9,108$7,366$5,910$4,710$3,731$3,315
21 years$8,584$6,861$5,436$4,275$3,339$2,945
22 years$8,107$6,404$5,011$3,887$2,993$2,620
23 years$7,672$5,990$4,626$3,540$2,687$2,335
24 years$7,275$5,612$4,279$3,228$2,415$2,083
25 years$6,909$5,267$3,963$2,948$2,173$1,860
26 years$6,573$4,950$3,675$2,696$1,957$1,663
27 years$6,262$4,658$3,413$2,468$1,765$1,487
28 years$5,973$4,390$3,173$2,261$1,592$1,332
29 years$5,705$4,141$2,952$2,073$1,438$1,193
30 years$5,455$3,911$2,750$1,903$1,299$1,069
31 years$5,222$3,697$2,564$1,747$1,175$959
32 years$5,004$3,498$2,392$1,606$1,062$860
33 years$4,799$3,313$2,234$1,477$962$772
34 years$4,607$3,140$2,087$1,359$871$694
35 years$4,427$2,978$1,951$1,251$789$623
36 years$4,256$2,827$1,825$1,152$714$560
37 years$4,096$2,685$1,708$1,061$648$503
38 years$3,944$2,551$1,600$978$587$452
39 years$3,800$2,426$1,499$902$532$407
40 years$3,664$2,308$1,405$832$483$366
41 years$3,535$2,197$1,317$768$438$329
42 years$3,412$2,093$1,236$708$397$296
43 years$3,295$1,994$1,160$654$361$266
44 years$3,184$1,900$1,088$604$327$240
45 years$3,078$1,812$1,022$558$297$216
46 years$2,977$1,729$960$515$270$194
47 years$2,881$1,650$902$476$245$175
48 years$2,789$1,575$847$440$223$157
49 years$2,701$1,504$797$406$202$142
50 years$2,617$1,437$749$376$184$128

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 $3,575 every year, while hoping to spend $55,006 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: 46/39/15 Blend
49$2,680,000$2,680,000$2,680,000$2,680,000
50$2,957,048$2,815,008$2,773,468$3,080,329
51$3,200,141$2,894,417$2,807,853$3,245,796
52$3,466,185$2,975,874$2,841,546$3,419,339
53$3,757,465$3,059,421$2,874,467$3,606,413
54$4,076,494$3,145,099$2,906,529$3,808,297
55$4,426,040$3,232,953$2,937,642$4,026,398
56$4,809,153$3,323,025$2,967,710$4,262,264
57$5,229,191$3,415,357$2,996,632$4,517,600
58$5,689,852$3,509,993$3,024,303$4,794,282
59$6,195,210$3,606,976$3,050,610$5,094,376
60$6,749,751$3,706,348$3,075,435$5,420,155
61$7,358,419$3,808,152$3,098,655$5,774,122
62$8,026,657$3,912,430$3,120,139$6,159,036
63$8,760,461$4,019,225$3,139,750$6,577,932
64$9,566,440$4,128,579$3,157,343$7,034,153
65$10,451,869$4,240,531$3,172,766$7,531,383
66$11,424,766$4,355,123$3,185,860$8,073,677
67$12,493,962$4,472,395$3,196,457$8,665,502
68$13,669,189$4,592,385$3,204,381$9,311,781
69$14,961,165$4,715,131$3,209,446$10,017,933
70$16,381,701$4,840,670$3,211,460$10,789,931
71$17,943,809$4,969,036$3,210,218$11,634,355
72$19,661,823$5,100,265$3,205,506$12,558,450
73$21,551,539$5,234,388$3,197,100$13,570,204
74$23,630,358$5,371,435$3,184,765$14,678,414
75$25,917,455$5,511,436$3,168,255$15,892,772
76$28,433,955$5,654,415$3,147,311$17,223,960
77$31,203,134$5,800,398$3,121,663$18,683,744
78$34,250,641$5,949,405$3,091,025$20,285,090
79$37,604,735$6,101,454$3,055,103$22,042,285
80$41,296,552$6,256,559$3,013,583$23,971,072
81$45,360,404$6,414,734$2,966,141$26,088,798
82$49,834,093$6,575,984$2,912,435$28,414,576
83$54,759,277$6,740,314$2,852,109$30,969,470
84$60,181,857$6,907,722$2,784,787$33,776,689
85$66,152,409$7,078,203$2,710,080$36,861,810
86$72,726,665$7,251,746$2,627,579$40,253,016
87$79,966,037$7,428,334$2,536,855$43,981,366
88$87,938,194$7,607,944$2,437,461$48,081,084
89$96,717,704$7,790,546$2,328,929$52,589,885
90$106,386,732$7,976,106$2,210,771$57,549,331
91$117,035,822$8,164,578$2,082,475$63,005,224
92$128,764,745$8,355,912$1,943,507$69,008,035
93$141,683,443$8,550,045$1,793,309$75,613,386
94$155,913,066$8,746,909$1,631,296$82,882,571
95$171,587,114$8,946,424$1,456,861$90,883,139
96$188,852,700$9,148,498$1,269,365$99,689,527
97$207,871,932$9,353,031$1,068,145$109,383,767
98$228,823,447$9,559,908$852,507$120,056,261
99$251,904,098$9,769,002$621,724$131,806,632
100$277,330,805$9,980,173$375,042$144,744,669