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

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$222,138$220,159$218,229$216,344$214,504$207,389
2 years$109,969$107,921$105,936$104,012$102,145$95,045
3 years$72,585$70,528$68,548$66,641$64,805$57,944
4 years$53,896$51,845$49,885$48,011$46,219$39,650
5 years$42,686$40,647$38,713$36,877$35,135$28,874
6 years$35,215$33,192$31,286$29,491$27,801$21,854
7 years$29,880$27,874$25,999$24,246$22,610$16,976
8 years$25,881$23,893$22,049$20,340$18,757$13,432
9 years$22,773$20,803$18,991$17,325$15,796$10,773
10 years$20,287$18,337$16,557$14,934$13,459$8,731
11 years$18,255$16,325$14,576$12,997$11,575$7,132
12 years$16,562$14,652$12,936$11,400$10,031$5,864
13 years$15,132$13,241$11,557$10,065$8,747$4,845
14 years$13,906$12,036$10,384$8,934$7,668$4,019
15 years$12,845$10,995$9,376$7,968$6,751$3,346
16 years$11,918$10,088$8,500$7,134$5,967$2,792
17 years$11,100$9,290$7,735$6,410$5,291$2,336
18 years$10,374$8,585$7,061$5,777$4,704$1,957
19 years$9,726$7,956$6,464$5,220$4,193$1,643
20 years$9,142$7,393$5,932$4,728$3,745$1,381
21 years$8,616$6,887$5,457$4,291$3,352$1,162
22 years$8,137$6,428$5,029$3,901$3,004$978
23 years$7,701$6,012$4,644$3,553$2,697$824
24 years$7,302$5,633$4,295$3,240$2,424$695
25 years$6,935$5,286$3,978$2,959$2,181$586
26 years$6,597$4,968$3,689$2,706$1,965$495
27 years$6,285$4,676$3,426$2,477$1,771$418
28 years$5,995$4,406$3,185$2,269$1,598$353
29 years$5,726$4,157$2,963$2,081$1,443$298
30 years$5,476$3,925$2,760$1,910$1,304$252
31 years$5,242$3,711$2,573$1,754$1,179$213
32 years$5,023$3,511$2,401$1,612$1,066$180
33 years$4,817$3,325$2,242$1,482$965$152
34 years$4,625$3,152$2,095$1,364$874$129
35 years$4,443$2,989$1,958$1,256$791$109
36 years$4,272$2,837$1,832$1,156$717$92
37 years$4,111$2,695$1,715$1,065$650$78
38 years$3,959$2,561$1,606$982$589$66
39 years$3,814$2,435$1,504$905$534$56
40 years$3,678$2,317$1,410$835$485$47
41 years$3,548$2,205$1,322$771$440$40
42 years$3,425$2,100$1,240$711$399$34
43 years$3,308$2,001$1,164$656$362$28
44 years$3,196$1,908$1,092$606$329$24
45 years$3,090$1,819$1,026$560$298$20
46 years$2,989$1,735$963$517$271$17
47 years$2,892$1,656$905$478$246$15
48 years$2,799$1,581$851$441$223$12
49 years$2,711$1,510$799$408$203$10
50 years$2,626$1,442$752$377$184$9

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 $2,456 every year, while hoping to spend $48,554 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: 52/35/13 Blend
49$2,690,000$2,690,000$2,690,000$2,690,000
50$2,966,913$2,824,343$2,782,648$3,110,792
51$3,217,877$2,911,075$2,824,206$3,296,071
52$3,492,813$3,000,429$2,865,529$3,492,099
53$3,794,112$3,092,483$2,906,557$3,704,191
54$4,124,413$3,187,317$2,947,228$3,933,879
55$4,486,619$3,285,011$2,987,476$4,182,846
56$4,883,928$3,385,650$3,027,229$4,452,948
57$5,319,861$3,489,319$3,066,415$4,746,224
58$5,798,300$3,596,109$3,104,952$5,064,920
59$6,323,517$3,706,109$3,142,759$5,411,507
60$6,900,222$3,819,414$3,179,747$5,788,707
61$7,533,598$3,936,119$3,215,823$6,199,513
62$8,229,360$4,056,324$3,250,888$6,647,222
63$8,993,801$4,180,130$3,284,838$7,135,465
64$9,833,854$4,307,642$3,317,566$7,668,237
65$10,757,157$4,438,966$3,348,954$8,249,941
66$11,772,124$4,574,212$3,378,881$8,885,422
67$12,888,027$4,713,495$3,407,220$9,580,017
68$14,115,079$4,856,930$3,433,835$10,339,604
69$15,464,534$5,004,635$3,458,585$11,170,657
70$16,948,788$5,156,735$3,481,320$12,080,304
71$18,581,503$5,313,354$3,501,883$13,076,399
72$20,377,730$5,474,621$3,520,108$14,167,592
73$22,354,050$5,640,669$3,535,824$15,363,411
74$24,528,735$5,811,634$3,548,846$16,674,352
75$26,921,917$5,987,655$3,558,983$18,111,976
76$29,555,778$6,168,875$3,566,035$19,689,022
77$32,454,759$6,355,442$3,569,789$21,419,520
78$35,645,792$6,547,506$3,570,024$23,318,929
79$39,158,550$6,745,221$3,566,507$25,404,279
80$43,025,731$6,948,747$3,558,995$27,694,333
81$47,283,365$7,158,245$3,547,230$30,209,762
82$51,971,152$7,373,882$3,530,946$32,973,342
83$57,132,836$7,595,829$3,509,859$36,010,166
84$62,816,622$7,824,261$3,483,676$39,347,881
85$69,075,626$8,059,358$3,452,087$43,016,949
86$75,968,376$8,301,303$3,414,769$47,050,936
87$83,559,369$8,550,286$3,371,383$51,486,822
88$91,919,674$8,806,498$3,321,572$56,365,358
89$101,127,602$9,070,138$3,264,967$61,731,442
90$111,269,451$9,341,409$3,201,177$67,634,547
91$122,440,314$9,620,517$3,129,795$74,129,189
92$134,744,978$9,907,674$3,050,396$81,275,436
93$148,298,915$10,203,099$2,962,533$89,139,476
94$163,229,366$10,507,013$2,865,739$97,794,246
95$179,676,548$10,819,643$2,759,528$107,320,111
96$197,794,973$11,141,223$2,643,389$117,805,633
97$217,754,907$11,471,989$2,516,790$129,348,394
98$239,743,976$11,812,186$2,379,171$142,055,930
99$263,968,940$12,162,062$2,229,952$156,046,733
100$290,657,640$12,521,870$2,068,523$171,451,377