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

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$222,963$220,977$219,040$217,149$215,302$210,353
2 years$110,378$108,322$106,330$104,398$102,525$97,566
3 years$72,854$70,790$68,803$66,889$65,046$60,233
4 years$54,096$52,038$50,071$48,190$46,391$41,760
5 years$42,844$40,798$38,857$37,014$35,266$30,830
6 years$35,345$33,315$31,402$29,601$27,905$23,669
7 years$29,991$27,978$26,095$24,336$22,694$18,659
8 years$25,977$23,982$22,131$20,415$18,827$14,991
9 years$22,857$20,881$19,061$17,389$15,855$12,215
10 years$20,362$18,405$16,618$14,990$13,509$10,061
11 years$18,323$16,385$14,630$13,045$11,618$8,357
12 years$16,624$14,707$12,984$11,443$10,068$6,989
13 years$15,188$13,290$11,600$10,102$8,780$5,877
14 years$13,958$12,081$10,423$8,968$7,696$4,964
15 years$12,893$11,036$9,411$7,997$6,776$4,208
16 years$11,962$10,125$8,532$7,161$5,989$3,578
17 years$11,141$9,325$7,764$6,434$5,310$3,051
18 years$10,413$8,617$7,087$5,798$4,722$2,606
19 years$9,762$7,986$6,488$5,239$4,208$2,231
20 years$9,176$7,421$5,954$4,745$3,759$1,912
21 years$8,648$6,912$5,477$4,307$3,364$1,641
22 years$8,167$6,452$5,048$3,916$3,015$1,410
23 years$7,730$6,035$4,661$3,566$2,707$1,213
24 years$7,329$5,654$4,310$3,252$2,433$1,044
25 years$6,961$5,306$3,992$2,970$2,189$899
26 years$6,622$4,987$3,703$2,716$1,972$775
27 years$6,308$4,693$3,438$2,486$1,778$668
28 years$6,018$4,422$3,196$2,278$1,604$577
29 years$5,748$4,172$2,974$2,089$1,449$498
30 years$5,496$3,940$2,771$1,917$1,309$430
31 years$5,261$3,725$2,583$1,760$1,183$371
32 years$5,041$3,524$2,410$1,618$1,070$320
33 years$4,835$3,338$2,250$1,488$969$277
34 years$4,642$3,163$2,102$1,369$877$239
35 years$4,460$3,000$1,966$1,260$794$207
36 years$4,288$2,848$1,839$1,161$720$179
37 years$4,126$2,705$1,721$1,069$652$154
38 years$3,973$2,570$1,612$986$591$133
39 years$3,829$2,444$1,510$909$536$115
40 years$3,691$2,325$1,415$838$486$100
41 years$3,561$2,214$1,327$773$441$86
42 years$3,437$2,108$1,245$714$400$75
43 years$3,320$2,009$1,168$659$363$65
44 years$3,208$1,915$1,097$608$330$56
45 years$3,101$1,826$1,030$562$299$48
46 years$3,000$1,742$967$519$272$42
47 years$2,903$1,662$909$479$247$36
48 years$2,810$1,587$854$443$224$31
49 years$2,721$1,515$802$409$204$27
50 years$2,636$1,447$754$378$185$23

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 $2,389 every year, while hoping to spend $50,669 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: 78/16/6 Blend
49$2,700,000$2,700,000$2,700,000$2,700,000
50$2,977,864$2,834,764$2,792,914$3,208,408
51$3,227,695$2,919,756$2,832,565$3,444,917
52$3,501,310$3,007,215$2,871,847$3,697,372
53$3,801,083$3,097,207$2,910,692$3,972,714
54$4,129,625$3,189,802$2,949,032$4,273,196
55$4,489,814$3,285,070$2,986,793$4,601,299
56$4,884,821$3,383,084$3,023,896$4,959,754
57$5,318,135$3,483,918$3,060,259$5,351,570
58$5,793,602$3,587,646$3,095,794$5,780,058
59$6,315,456$3,694,348$3,130,410$6,248,867
60$6,888,363$3,804,101$3,164,010$6,762,014
61$7,517,462$3,916,988$3,196,489$7,323,924
62$8,208,412$4,033,090$3,227,742$7,939,469
63$8,967,452$4,152,493$3,257,652$8,614,018
64$9,801,449$4,275,282$3,286,101$9,353,482
65$10,717,972$4,401,546$3,312,961$10,164,374
66$11,725,360$4,531,376$3,338,099$11,053,867
67$12,832,797$4,664,864$3,361,375$12,029,865
68$14,050,402$4,802,103$3,382,642$13,101,073
69$15,389,327$4,943,189$3,401,744$14,277,081
70$16,861,854$5,088,221$3,418,518$15,568,454
71$18,481,518$5,237,299$3,432,793$16,986,832
72$20,263,229$5,390,523$3,444,388$18,545,038
73$22,223,418$5,547,998$3,453,115$20,257,201
74$24,380,186$5,709,829$3,458,773$22,138,886
75$26,753,479$5,876,125$3,461,156$24,207,242
76$29,365,273$6,046,994$3,460,044$26,481,165
77$32,239,782$6,222,549$3,455,208$28,981,474
78$35,403,688$6,402,902$3,446,405$31,731,105
79$38,886,390$6,588,169$3,433,385$34,755,334
80$42,720,279$6,778,467$3,415,881$38,082,009
81$46,941,051$6,973,915$3,393,616$41,741,812
82$51,588,036$7,174,635$3,366,300$45,768,554
83$56,704,571$7,380,748$3,333,627$50,199,488
84$62,338,412$7,592,379$3,295,277$55,075,664
85$68,542,178$7,809,654$3,250,918$60,442,313
86$75,373,854$8,032,701$3,200,197$66,349,275
87$82,897,333$8,261,649$3,142,750$72,851,470
88$91,183,020$8,496,628$3,078,191$80,009,415
89$100,308,497$8,737,772$3,006,119$87,889,793
90$110,359,254$8,985,214$2,926,115$96,566,085
91$121,429,497$9,239,087$2,837,738$106,119,261
92$133,623,032$9,499,529$2,740,529$116,638,546
93$147,054,251$9,766,676$2,634,006$128,222,258
94$161,849,207$10,040,666$2,517,668$140,978,742
95$178,146,805$10,321,637$2,390,988$155,027,384
96$196,100,110$10,609,728$2,253,418$170,499,743
97$215,877,796$10,905,079$2,104,382$187,540,794
98$237,665,733$11,207,830$1,943,281$206,310,290
99$261,668,744$11,518,121$1,769,487$226,984,273
100$288,112,538$11,836,090$1,582,347$249,756,736