Can I retire at age 50 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$225,441$223,433$221,474$219,561$217,694$209,471
2 years$111,604$109,526$107,511$105,558$103,664$95,474
3 years$73,664$71,576$69,567$67,632$65,769$57,871
4 years$54,697$52,616$50,627$48,725$46,907$39,361
5 years$43,320$41,252$39,289$37,426$35,658$28,483
6 years$35,738$33,685$31,751$29,930$28,215$21,416
7 years$30,324$28,289$26,385$24,607$22,946$16,522
8 years$26,266$24,249$22,377$20,642$19,036$12,980
9 years$23,111$21,113$19,273$17,582$16,031$10,335
10 years$20,589$18,610$16,803$15,156$13,659$8,312
11 years$18,526$16,567$14,793$13,190$11,747$6,738
12 years$16,809$14,870$13,128$11,570$10,180$5,495
13 years$15,357$13,438$11,729$10,214$8,877$4,503
14 years$14,113$12,215$10,539$9,067$7,782$3,705
15 years$13,036$11,158$9,515$8,086$6,852$3,057
16 years$12,095$10,238$8,627$7,240$6,056$2,530
17 years$11,265$9,429$7,850$6,505$5,369$2,098
18 years$10,529$8,712$7,166$5,863$4,774$1,742
19 years$9,870$8,075$6,560$5,297$4,255$1,449
20 years$9,278$7,503$6,021$4,798$3,801$1,207
21 years$8,744$6,989$5,538$4,354$3,401$1,006
22 years$8,258$6,524$5,104$3,959$3,049$839
23 years$7,816$6,102$4,713$3,606$2,737$700
24 years$7,410$5,717$4,358$3,289$2,460$585
25 years$7,038$5,365$4,037$3,003$2,214$489
26 years$6,695$5,042$3,744$2,746$1,994$408
27 years$6,378$4,745$3,477$2,514$1,798$342
28 years$6,085$4,472$3,232$2,303$1,622$286
29 years$5,811$4,218$3,008$2,112$1,465$239
30 years$5,557$3,984$2,801$1,938$1,323$200
31 years$5,320$3,766$2,612$1,780$1,196$167
32 years$5,097$3,563$2,437$1,636$1,082$140
33 years$4,889$3,375$2,275$1,504$979$117
34 years$4,693$3,198$2,126$1,384$887$98
35 years$4,509$3,034$1,987$1,274$803$82
36 years$4,336$2,879$1,859$1,173$728$69
37 years$4,172$2,735$1,740$1,081$660$58
38 years$4,017$2,599$1,630$997$598$48
39 years$3,871$2,471$1,527$919$542$40
40 years$3,732$2,351$1,431$848$492$34
41 years$3,601$2,238$1,342$782$446$28
42 years$3,476$2,132$1,259$722$405$24
43 years$3,357$2,031$1,181$666$367$20
44 years$3,244$1,936$1,109$615$334$17
45 years$3,136$1,846$1,041$568$303$14
46 years$3,033$1,761$978$525$275$12
47 years$2,935$1,681$919$485$250$10
48 years$2,841$1,604$863$448$227$8
49 years$2,751$1,532$811$414$206$7
50 years$2,665$1,464$763$383$187$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,730,000, adding $4,507 every year, while hoping to spend $22,938 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: 61/32/7 Blend
49$2,730,000$2,730,000$2,730,000$2,730,000
50$3,013,109$2,868,419$2,826,104$3,192,424
51$3,296,040$2,984,566$2,896,373$3,429,020
52$3,607,062$3,105,635$2,968,226$3,683,995
53$3,949,014$3,231,843$3,041,694$3,961,607
54$4,325,028$3,363,418$3,116,806$4,264,037
55$4,738,552$3,500,596$3,193,589$4,593,687
56$5,193,384$3,643,626$3,272,075$4,953,194
57$5,693,712$3,792,766$3,352,292$5,345,463
58$6,244,147$3,948,288$3,434,270$5,773,687
59$6,849,772$4,110,475$3,518,039$6,241,380
60$7,516,184$4,279,625$3,603,630$6,752,407
61$8,249,555$4,456,046$3,691,071$7,311,022
62$9,056,681$4,640,064$3,780,394$7,921,906
63$9,945,053$4,832,017$3,871,627$8,590,209
64$10,922,923$5,032,260$3,964,801$9,321,601
65$11,999,385$5,241,165$4,059,946$10,122,321
66$13,184,459$5,459,120$4,157,092$10,999,238
67$14,489,187$5,686,530$4,256,267$11,959,912
68$15,925,735$5,923,820$4,357,503$13,012,667
69$17,507,508$6,171,435$4,460,827$14,166,666
70$19,249,278$6,429,840$4,566,269$15,431,996
71$21,167,323$6,699,521$4,673,858$16,819,765
72$23,279,579$6,980,986$4,783,621$18,342,203
73$25,605,810$7,274,769$4,895,587$20,012,778
74$28,167,797$7,581,426$5,009,782$21,846,319
75$30,989,536$7,901,541$5,126,234$23,859,155
76$34,097,475$8,235,722$5,244,969$26,069,272
77$37,520,755$8,584,610$5,366,013$28,496,474
78$41,291,487$8,948,870$5,489,389$31,162,575
79$45,445,057$9,329,204$5,615,123$34,091,597
80$50,020,460$9,726,342$5,743,236$37,310,001
81$55,060,664$10,141,050$5,873,752$40,846,929
82$60,613,019$10,574,129$6,006,690$44,734,484
83$66,729,704$11,026,418$6,142,071$49,008,022
84$73,468,217$11,498,796$6,279,914$53,706,491
85$80,891,919$11,992,180$6,420,234$58,872,794
86$89,070,632$12,507,534$6,563,049$64,554,191
87$98,081,296$13,045,864$6,708,372$70,802,743
88$108,008,701$13,608,223$6,856,215$77,675,800
89$118,946,279$14,195,717$7,006,588$85,236,542
90$130,996,992$14,809,499$7,159,501$93,554,570
91$144,274,301$15,450,780$7,314,960$102,706,561
92$158,903,237$16,120,826$7,472,969$112,776,989
93$175,021,582$16,820,962$7,633,528$123,858,921
94$192,781,171$17,552,576$7,796,639$136,054,887
95$212,349,320$18,317,122$7,962,296$149,477,850
96$233,910,412$19,116,122$8,130,494$164,252,264
97$257,667,630$19,951,168$8,301,222$180,515,251
98$283,844,883$20,823,931$8,474,468$198,417,883
99$312,688,914$21,736,155$8,650,215$218,126,612
100$344,471,629$22,689,673$8,828,443$239,824,833