Can I retire at age 50 with 2,750,000?

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 $2,750,000?

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 years$227,092$225,070$223,096$221,170$219,289$213,901
2 years$112,422$110,328$108,299$106,332$104,423$99,028
3 years$74,204$72,101$70,077$68,128$66,250$61,017
4 years$55,098$53,002$50,998$49,082$47,250$42,219
5 years$43,638$41,554$39,576$37,700$35,919$31,103
6 years$36,000$33,932$31,984$30,149$28,421$23,826
7 years$30,547$28,496$26,579$24,787$23,114$18,740
8 years$26,458$24,426$22,541$20,793$19,175$15,021
9 years$23,280$21,268$19,414$17,711$16,149$12,210
10 years$20,740$18,746$16,926$15,267$13,759$10,032
11 years$18,662$16,689$14,901$13,287$11,834$8,312
12 years$16,932$14,979$13,224$11,655$10,255$6,934
13 years$15,469$13,537$11,815$10,289$8,942$5,815
14 years$14,216$12,304$10,616$9,134$7,839$4,898
15 years$13,132$11,240$9,585$8,146$6,902$4,141
16 years$12,184$10,313$8,690$7,293$6,100$3,511
17 years$11,348$9,498$7,908$6,553$5,409$2,984
18 years$10,606$8,776$7,219$5,906$4,809$2,542
19 years$9,943$8,134$6,608$5,336$4,286$2,169
20 years$9,346$7,558$6,065$4,833$3,829$1,854
21 years$8,808$7,040$5,578$4,386$3,426$1,586
22 years$8,319$6,572$5,141$3,988$3,071$1,359
23 years$7,873$6,146$4,747$3,632$2,757$1,165
24 years$7,465$5,759$4,390$3,313$2,478$1,000
25 years$7,090$5,404$4,066$3,025$2,230$858
26 years$6,744$5,079$3,771$2,766$2,008$737
27 years$6,425$4,780$3,502$2,532$1,811$634
28 years$6,129$4,504$3,256$2,320$1,634$545
29 years$5,854$4,249$3,030$2,127$1,475$469
30 years$5,598$4,013$2,822$1,952$1,333$403
31 years$5,359$3,794$2,631$1,793$1,205$347
32 years$5,135$3,590$2,455$1,648$1,090$299
33 years$4,925$3,399$2,292$1,515$987$257
34 years$4,728$3,222$2,141$1,394$893$222
35 years$4,542$3,056$2,002$1,284$809$191
36 years$4,368$2,900$1,873$1,182$733$164
37 years$4,203$2,755$1,753$1,089$664$142
38 years$4,047$2,618$1,642$1,004$602$122
39 years$3,899$2,489$1,538$926$546$105
40 years$3,760$2,369$1,442$854$495$91
41 years$3,627$2,255$1,352$788$449$78
42 years$3,501$2,147$1,268$727$408$67
43 years$3,381$2,046$1,190$671$370$58
44 years$3,267$1,950$1,117$620$336$50
45 years$3,159$1,860$1,049$572$305$43
46 years$3,055$1,774$985$529$277$37
47 years$2,956$1,693$925$488$251$32
48 years$2,862$1,616$870$451$228$28
49 years$2,771$1,543$817$417$207$24
50 years$2,685$1,474$768$385$188$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,750,000, adding $5,898 every year, while hoping to spend $59,066 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: 53/24/23 Blend
49$2,750,000$2,750,000$2,750,000$2,750,000
50$3,036,584$2,890,834$2,848,209$3,177,930
51$3,283,470$2,969,639$2,880,778$3,354,776
52$3,553,558$3,050,326$2,912,459$3,540,513
53$3,849,154$3,132,924$2,943,159$3,741,402
54$4,172,794$3,217,464$2,972,781$3,958,907
55$4,527,272$3,303,973$3,001,222$4,194,643
56$4,915,666$3,392,480$3,028,376$4,450,391
57$5,341,365$3,483,013$3,054,127$4,728,108
58$5,808,100$3,575,597$3,078,357$5,029,953
59$6,319,983$3,670,257$3,100,938$5,358,304
60$6,881,541$3,767,020$3,121,739$5,715,779
61$7,497,761$3,865,906$3,140,620$6,105,265
62$8,174,135$3,966,938$3,157,434$6,529,939
63$8,916,716$4,070,137$3,172,026$6,993,305
64$9,732,167$4,175,520$3,184,235$7,499,222
65$10,627,832$4,283,104$3,193,891$8,051,942
66$11,611,798$4,392,903$3,200,814$8,656,151
67$12,692,977$4,504,931$3,204,816$9,317,012
68$13,881,184$4,619,196$3,205,701$10,040,213
69$15,187,234$4,735,707$3,203,262$10,832,024
70$16,623,042$4,854,466$3,197,281$11,699,354
71$18,201,734$4,975,477$3,187,532$12,649,815
72$19,937,771$5,098,735$3,173,774$13,691,797
73$21,847,087$5,224,237$3,155,759$14,834,545
74$23,947,237$5,351,971$3,133,224$16,088,248
75$26,257,562$5,481,924$3,105,894$17,464,134
76$28,799,373$5,614,078$3,073,481$18,974,577
77$31,596,150$5,748,409$3,035,683$20,633,213
78$34,673,764$5,884,888$2,992,186$22,455,071
79$38,060,722$6,023,481$2,942,658$24,456,713
80$41,788,431$6,164,148$2,886,752$26,656,391
81$45,891,501$6,306,841$2,824,108$29,074,221
82$50,408,064$6,451,506$2,754,346$31,732,372
83$55,380,139$6,598,082$2,677,069$34,655,276
84$60,854,025$6,746,500$2,591,863$37,869,858
85$66,880,738$6,896,681$2,498,293$41,405,793
86$73,516,494$7,048,539$2,395,906$45,295,784
87$80,823,235$7,201,976$2,284,227$49,575,873
88$88,869,217$7,356,885$2,162,762$54,285,781
89$97,729,653$7,513,149$2,030,990$59,469,284
90$107,487,421$7,670,636$1,888,371$65,174,626
91$118,233,845$7,829,204$1,734,339$71,454,977
92$130,069,560$7,988,698$1,568,302$78,368,934
93$143,105,457$8,148,946$1,389,642$85,981,076
94$157,463,733$8,309,764$1,197,714$94,362,571
95$173,279,041$8,470,950$991,845$103,591,856
96$190,699,762$8,632,285$771,330$113,755,372
97$209,889,403$8,793,532$535,436$124,948,384
98$231,028,143$8,954,436$283,394$137,275,881
99$254,314,531$9,114,720$14,404$150,853,566
100$279,967,357$9,274,086$0$165,808,956