Can I retire at age 50 with 2,690,000?

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$222,138$220,159$218,229$216,344$214,504$209,149
2 years$109,969$107,921$105,936$104,012$102,145$96,783
3 years$72,585$70,528$68,548$66,641$64,805$59,605
4 years$53,896$51,845$49,885$48,011$46,219$41,221
5 years$42,686$40,647$38,713$36,877$35,135$30,352
6 years$35,215$33,192$31,286$29,491$27,801$23,238
7 years$29,880$27,874$25,999$24,246$22,610$18,268
8 years$25,881$23,893$22,049$20,340$18,757$14,633
9 years$22,773$20,803$18,991$17,325$15,796$11,888
10 years$20,287$18,337$16,557$14,934$13,459$9,761
11 years$18,255$16,325$14,576$12,997$11,575$8,083
12 years$16,562$14,652$12,936$11,400$10,031$6,738
13 years$15,132$13,241$11,557$10,065$8,747$5,647
14 years$13,906$12,036$10,384$8,934$7,668$4,753
15 years$12,845$10,995$9,376$7,968$6,751$4,015
16 years$11,918$10,088$8,500$7,134$5,967$3,402
17 years$11,100$9,290$7,735$6,410$5,291$2,890
18 years$10,374$8,585$7,061$5,777$4,704$2,460
19 years$9,726$7,956$6,464$5,220$4,193$2,098
20 years$9,142$7,393$5,932$4,728$3,745$1,791
21 years$8,616$6,887$5,457$4,291$3,352$1,532
22 years$8,137$6,428$5,029$3,901$3,004$1,311
23 years$7,701$6,012$4,644$3,553$2,697$1,123
24 years$7,302$5,633$4,295$3,240$2,424$963
25 years$6,935$5,286$3,978$2,959$2,181$826
26 years$6,597$4,968$3,689$2,706$1,965$709
27 years$6,285$4,676$3,426$2,477$1,771$609
28 years$5,995$4,406$3,185$2,269$1,598$523
29 years$5,726$4,157$2,963$2,081$1,443$450
30 years$5,476$3,925$2,760$1,910$1,304$387
31 years$5,242$3,711$2,573$1,754$1,179$332
32 years$5,023$3,511$2,401$1,612$1,066$286
33 years$4,817$3,325$2,242$1,482$965$246
34 years$4,625$3,152$2,095$1,364$874$212
35 years$4,443$2,989$1,958$1,256$791$182
36 years$4,272$2,837$1,832$1,156$717$157
37 years$4,111$2,695$1,715$1,065$650$135
38 years$3,959$2,561$1,606$982$589$116
39 years$3,814$2,435$1,504$905$534$100
40 years$3,678$2,317$1,410$835$485$86
41 years$3,548$2,205$1,322$771$440$74
42 years$3,425$2,100$1,240$711$399$64
43 years$3,308$2,001$1,164$656$362$55
44 years$3,196$1,908$1,092$606$329$47
45 years$3,090$1,819$1,026$560$298$41
46 years$2,989$1,735$963$517$271$35
47 years$2,892$1,656$905$478$246$30
48 years$2,799$1,581$851$441$223$26
49 years$2,711$1,510$799$408$203$22
50 years$2,626$1,442$752$377$184$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,690,000, adding $4,979 every year, while hoping to spend $35,308 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: 59/20/21 Blend
49$2,690,000$2,690,000$2,690,000$2,690,000
50$2,969,516$2,826,946$2,785,251$3,127,914
51$3,234,839$2,927,899$2,840,989$3,336,988
52$3,526,042$3,032,615$2,897,412$3,560,629
53$3,845,727$3,141,242$2,954,503$3,803,756
54$4,196,760$3,253,932$3,012,249$4,068,263
55$4,582,300$3,370,845$3,070,630$4,356,233
56$5,005,826$3,492,148$3,129,627$4,669,958
57$5,471,169$3,618,012$3,189,218$5,011,961
58$5,982,552$3,748,618$3,249,381$5,385,020
59$6,544,626$3,884,154$3,310,089$5,792,194
60$7,162,515$4,024,814$3,371,313$6,236,848
61$7,841,864$4,170,803$3,433,025$6,722,689
62$8,588,893$4,322,331$3,495,190$7,253,799
63$9,410,454$4,479,619$3,557,773$7,834,672
64$10,314,097$4,642,898$3,620,736$8,470,256
65$11,308,142$4,812,406$3,684,037$9,166,002
66$12,401,752$4,988,394$3,747,631$9,927,910
67$13,605,025$5,171,120$3,811,472$10,762,591
68$14,929,089$5,360,856$3,875,508$11,677,326
69$16,386,203$5,557,885$3,939,684$12,680,131
70$17,989,874$5,762,500$4,003,942$13,779,840
71$19,754,987$5,975,007$4,068,219$14,986,180
72$21,697,940$6,195,727$4,132,449$16,309,866
73$23,836,805$6,424,993$4,196,561$17,762,702
74$26,191,493$6,663,152$4,260,480$19,357,692
75$28,783,944$6,910,565$4,324,125$21,109,158
76$31,638,334$7,167,610$4,387,411$23,032,881
77$34,781,302$7,434,681$4,450,247$25,146,243
78$38,242,203$7,712,189$4,512,538$27,468,396
79$42,053,381$8,000,560$4,574,182$30,020,437
80$46,250,480$8,300,241$4,635,071$32,825,612
81$50,872,774$8,611,697$4,695,091$35,909,529
82$55,963,541$8,935,415$4,754,121$39,300,403
83$61,570,471$9,271,900$4,812,033$43,029,319
84$67,746,116$9,621,679$4,868,693$47,130,526
85$74,548,384$9,985,305$4,923,958$51,641,761
86$82,041,085$10,363,352$4,977,677$56,604,601
87$90,294,539$10,756,419$5,029,692$62,064,856
88$99,386,231$11,165,132$5,079,835$68,073,001
89$109,401,547$11,590,144$5,127,930$74,684,652
90$120,434,580$12,032,136$5,173,791$81,961,089
91$132,589,015$12,491,819$5,217,221$89,969,833
92$145,979,112$12,969,936$5,258,015$98,785,283
93$160,730,777$13,467,259$5,295,955$108,489,419
94$176,982,760$13,984,597$5,330,813$119,172,571
95$194,887,954$14,522,795$5,362,347$130,934,274
96$214,614,845$15,082,733$5,390,306$143,884,204
97$236,349,102$15,665,329$5,414,424$158,143,214
98$260,295,325$16,271,544$5,434,422$173,844,473
99$286,678,978$16,902,380$5,450,005$191,134,720
100$315,748,521$17,558,884$5,460,867$210,175,651