Can I retire at age 50 with 2,700,000?

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 $2,700,000?

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$222,963$220,977$219,040$217,149$215,302$209,927
2 years$110,378$108,322$106,330$104,398$102,525$97,143
3 years$72,854$70,790$68,803$66,889$65,046$59,827
4 years$54,096$52,038$50,071$48,190$46,391$41,374
5 years$42,844$40,798$38,857$37,014$35,266$30,465
6 years$35,345$33,315$31,402$29,601$27,905$23,325
7 years$29,991$27,978$26,095$24,336$22,694$18,336
8 years$25,977$23,982$22,131$20,415$18,827$14,688
9 years$22,857$20,881$19,061$17,389$15,855$11,932
10 years$20,362$18,405$16,618$14,990$13,509$9,798
11 years$18,323$16,385$14,630$13,045$11,618$8,113
12 years$16,624$14,707$12,984$11,443$10,068$6,763
13 years$15,188$13,290$11,600$10,102$8,780$5,668
14 years$13,958$12,081$10,423$8,968$7,696$4,771
15 years$12,893$11,036$9,411$7,997$6,776$4,030
16 years$11,962$10,125$8,532$7,161$5,989$3,415
17 years$11,141$9,325$7,764$6,434$5,310$2,901
18 years$10,413$8,617$7,087$5,798$4,722$2,469
19 years$9,762$7,986$6,488$5,239$4,208$2,105
20 years$9,176$7,421$5,954$4,745$3,759$1,798
21 years$8,648$6,912$5,477$4,307$3,364$1,537
22 years$8,167$6,452$5,048$3,916$3,015$1,316
23 years$7,730$6,035$4,661$3,566$2,707$1,127
24 years$7,329$5,654$4,310$3,252$2,433$966
25 years$6,961$5,306$3,992$2,970$2,189$829
26 years$6,622$4,987$3,703$2,716$1,972$712
27 years$6,308$4,693$3,438$2,486$1,778$611
28 years$6,018$4,422$3,196$2,278$1,604$525
29 years$5,748$4,172$2,974$2,089$1,449$451
30 years$5,496$3,940$2,771$1,917$1,309$388
31 years$5,261$3,725$2,583$1,760$1,183$334
32 years$5,041$3,524$2,410$1,618$1,070$287
33 years$4,835$3,338$2,250$1,488$969$247
34 years$4,642$3,163$2,102$1,369$877$212
35 years$4,460$3,000$1,966$1,260$794$183
36 years$4,288$2,848$1,839$1,161$720$157
37 years$4,126$2,705$1,721$1,069$652$135
38 years$3,973$2,570$1,612$986$591$117
39 years$3,829$2,444$1,510$909$536$100
40 years$3,691$2,325$1,415$838$486$86
41 years$3,561$2,214$1,327$773$441$74
42 years$3,437$2,108$1,245$714$400$64
43 years$3,320$2,009$1,168$659$363$55
44 years$3,208$1,915$1,097$608$330$48
45 years$3,101$1,826$1,030$562$299$41
46 years$3,000$1,742$967$519$272$35
47 years$2,903$1,662$909$479$247$30
48 years$2,810$1,587$854$443$224$26
49 years$2,721$1,515$802$409$204$23
50 years$2,636$1,447$754$378$185$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,700,000, adding $3,699 every year, while hoping to spend $22,191 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: 40/47/13 Blend
49$2,700,000$2,700,000$2,700,000$2,700,000
50$2,979,216$2,836,116$2,794,266$3,086,692
51$3,259,484$2,951,474$2,864,262$3,278,384
52$3,567,597$3,071,742$2,935,860$3,483,166
53$3,906,370$3,197,135$3,009,090$3,704,211
54$4,278,906$3,327,881$3,083,981$3,943,002
55$4,688,625$3,464,218$3,160,565$4,201,170
56$5,139,293$3,606,393$3,238,872$4,480,499
57$5,635,061$3,754,666$3,318,934$4,782,953
58$6,180,502$3,909,309$3,400,782$5,110,684
59$6,780,653$4,070,605$3,484,449$5,466,058
60$7,441,066$4,238,851$3,569,965$5,851,674
61$8,167,859$4,414,359$3,657,362$6,270,383
62$8,967,769$4,597,452$3,746,673$6,725,323
63$9,848,225$4,788,470$3,837,930$7,219,938
64$10,817,408$4,987,769$3,931,165$7,758,014
65$11,884,335$5,195,721$4,026,410$8,343,715
66$13,058,940$5,412,714$4,123,697$8,981,614
67$14,352,171$5,639,156$4,223,060$9,676,743
68$15,776,089$5,875,471$4,324,529$10,434,634
69$17,343,987$6,122,107$4,428,138$11,261,368
70$19,070,511$6,379,527$4,533,918$12,163,636
71$20,971,800$6,648,220$4,641,900$13,148,797
72$23,065,637$6,928,696$4,752,118$14,224,946
73$25,371,618$7,221,489$4,864,600$15,400,989
74$27,911,339$7,527,158$4,979,380$16,686,723
75$30,708,593$7,846,286$5,096,487$18,092,930
76$33,789,602$8,179,486$5,215,951$19,631,473
77$37,183,258$8,527,398$5,337,803$21,315,410
78$40,921,402$8,890,692$5,462,070$23,159,108
79$45,039,118$9,270,069$5,588,783$25,178,383
80$49,575,068$9,666,263$5,717,967$27,390,643
81$54,571,858$10,080,042$5,849,652$29,815,050
82$60,076,434$10,512,211$5,983,861$32,472,700
83$66,140,531$10,963,610$6,120,622$35,386,814
84$72,821,160$11,435,122$6,259,958$38,582,962
85$80,181,144$11,927,668$6,401,891$42,089,294
86$88,289,710$12,442,214$6,546,445$45,936,803
87$97,223,149$12,979,770$6,693,639$50,159,621
88$107,065,526$13,541,395$6,843,492$54,795,327
89$117,909,484$14,128,197$6,996,022$59,885,308
90$129,857,107$14,741,335$7,151,246$65,475,135
91$143,020,896$15,382,024$7,309,176$71,615,001
92$157,524,819$16,051,535$7,469,825$78,360,179
93$173,505,490$16,751,200$7,633,204$85,771,546
94$191,113,453$17,482,412$7,799,319$93,916,150
95$210,514,606$18,246,631$7,968,177$102,867,841
96$231,891,766$19,045,386$8,139,781$112,707,957
97$255,446,393$19,880,276$8,314,130$123,526,092
98$281,400,494$20,752,979$8,491,223$135,420,933
99$309,998,719$21,665,249$8,671,053$148,501,186
100$341,510,667$22,618,925$8,853,612$162,886,596