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%11.4%
1 years$221,312$219,341$217,417$215,540$213,707$212,449
2 years$109,560$107,520$105,542$103,625$101,765$100,496
3 years$72,315$70,265$68,293$66,394$64,564$63,323
4 years$53,696$51,653$49,700$47,833$46,048$44,844
5 years$42,527$40,496$38,569$36,740$35,005$33,843
6 years$35,084$33,068$31,170$29,381$27,698$26,579
7 years$29,769$27,771$25,902$24,156$22,526$21,450
8 years$25,785$23,805$21,967$20,264$18,687$17,655
9 years$22,688$20,726$18,920$17,260$15,737$14,748
10 years$20,212$18,269$16,495$14,879$13,409$12,462
11 years$18,187$16,264$14,522$12,949$11,532$10,627
12 years$16,501$14,598$12,888$11,358$9,994$9,130
13 years$15,075$13,192$11,514$10,027$8,715$7,891
14 years$13,855$11,991$10,346$8,901$7,639$6,855
15 years$12,797$10,954$9,341$7,938$6,726$5,980
16 years$11,873$10,050$8,469$7,108$5,945$5,236
17 years$11,059$9,256$7,706$6,386$5,271$4,598
18 years$10,336$8,553$7,035$5,755$4,687$4,049
19 years$9,689$7,927$6,440$5,200$4,177$3,574
20 years$9,108$7,366$5,910$4,710$3,731$3,160
21 years$8,584$6,861$5,436$4,275$3,339$2,799
22 years$8,107$6,404$5,011$3,887$2,993$2,484
23 years$7,672$5,990$4,626$3,540$2,687$2,206
24 years$7,275$5,612$4,279$3,228$2,415$1,962
25 years$6,909$5,267$3,963$2,948$2,173$1,747
26 years$6,573$4,950$3,675$2,696$1,957$1,557
27 years$6,262$4,658$3,413$2,468$1,765$1,388
28 years$5,973$4,390$3,173$2,261$1,592$1,239
29 years$5,705$4,141$2,952$2,073$1,438$1,106
30 years$5,455$3,911$2,750$1,903$1,299$989
31 years$5,222$3,697$2,564$1,747$1,175$884
32 years$5,004$3,498$2,392$1,606$1,062$790
33 years$4,799$3,313$2,234$1,477$962$707
34 years$4,607$3,140$2,087$1,359$871$633
35 years$4,427$2,978$1,951$1,251$789$567
36 years$4,256$2,827$1,825$1,152$714$507
37 years$4,096$2,685$1,708$1,061$648$454
38 years$3,944$2,551$1,600$978$587$407
39 years$3,800$2,426$1,499$902$532$365
40 years$3,664$2,308$1,405$832$483$327
41 years$3,535$2,197$1,317$768$438$293
42 years$3,412$2,093$1,236$708$397$263
43 years$3,295$1,994$1,160$654$361$236
44 years$3,184$1,900$1,088$604$327$211
45 years$3,078$1,812$1,022$558$297$190
46 years$2,977$1,729$960$515$270$170
47 years$2,881$1,650$902$476$245$153
48 years$2,789$1,575$847$440$223$137
49 years$2,701$1,504$797$406$202$123
50 years$2,617$1,437$749$376$184$110

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 $2,104 every year, while hoping to spend $54,536 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: 58/13/29 Blend
49$2,680,000$2,680,000$2,680,000$2,680,000
50$2,955,530$2,813,490$2,771,950$3,103,364
51$3,198,968$2,893,325$2,806,785$3,284,817
52$3,465,410$2,975,245$2,840,958$3,476,667
53$3,757,142$3,059,293$2,874,391$3,684,755
54$4,076,687$3,145,514$2,907,000$3,910,672
55$4,426,819$3,233,954$2,938,694$4,156,174
56$4,810,595$3,324,659$2,969,381$4,423,191
57$5,231,383$3,417,674$2,998,962$4,713,852
58$5,692,888$3,513,044$3,027,332$5,030,502
59$6,199,197$3,610,817$3,054,381$5,375,725
60$6,754,806$3,711,039$3,079,994$5,752,369
61$7,364,671$3,813,755$3,104,049$6,163,569
62$8,034,250$3,919,011$3,126,417$6,612,782
63$8,769,555$4,026,854$3,146,964$7,103,818
64$9,577,210$4,137,330$3,165,547$7,640,873
65$10,464,509$4,250,483$3,182,017$8,228,572
66$11,439,492$4,366,359$3,196,217$8,872,012
67$12,511,012$4,485,003$3,207,982$9,576,810
68$13,688,825$4,606,458$3,217,139$10,349,154
69$14,983,678$4,730,767$3,223,506$11,195,866
70$16,407,412$4,857,973$3,226,893$12,124,462
71$17,973,072$4,988,118$3,227,097$13,143,226
72$19,695,030$5,121,240$3,223,910$14,261,287
73$21,589,122$5,257,380$3,217,110$15,488,707
74$23,672,796$5,396,575$3,206,466$16,836,571
75$25,965,274$5,538,860$3,191,736$18,317,101
76$28,487,737$5,684,269$3,172,664$19,943,761
77$31,263,522$5,832,835$3,148,985$21,731,394
78$34,318,344$5,984,586$3,120,418$23,696,354
79$37,680,535$6,139,551$3,086,672$25,856,668
80$41,381,313$6,297,753$3,047,439$28,232,201
81$45,455,078$6,459,214$3,002,400$30,844,845
82$49,939,732$6,623,951$2,951,216$33,718,731
83$54,877,041$6,791,981$2,893,538$36,880,447
84$60,313,023$6,963,312$2,828,996$40,359,302
85$66,298,390$7,137,953$2,757,205$44,187,590
86$72,889,017$7,315,904$2,677,763$48,400,907
87$80,146,476$7,497,163$2,590,247$53,038,481
88$88,138,614$7,681,720$2,494,218$58,143,542
89$96,940,191$7,869,563$2,389,213$63,763,736
90$106,633,590$8,060,671$2,274,750$69,951,571
91$117,309,588$8,255,016$2,150,327$76,764,914
92$129,068,218$8,452,564$2,015,415$84,267,541
93$142,019,710$8,653,274$1,869,465$92,529,734
94$156,285,530$8,857,094$1,711,902$101,628,952
95$171,999,528$9,063,965$1,542,124$111,650,559
96$189,309,198$9,273,818$1,359,504$122,688,630
97$208,377,076$9,486,574$1,163,386$134,846,844
98$229,382,264$9,702,143$953,087$148,239,460
99$252,522,130$9,920,422$727,890$162,992,399
100$278,014,162$10,141,298$487,049$179,244,433