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

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$227,092$225,070$223,096$221,170$219,289$212,952
2 years$112,422$110,328$108,299$106,332$104,423$98,089
3 years$74,204$72,101$70,077$68,128$66,250$60,118
4 years$55,098$53,002$50,998$49,082$47,250$41,366
5 years$43,638$41,554$39,576$37,700$35,919$30,299
6 years$36,000$33,932$31,984$30,149$28,421$23,071
7 years$30,547$28,496$26,579$24,787$23,114$18,034
8 years$26,458$24,426$22,541$20,793$19,175$14,362
9 years$23,280$21,268$19,414$17,711$16,149$11,597
10 years$20,740$18,746$16,926$15,267$13,759$9,463
11 years$18,662$16,689$14,901$13,287$11,834$7,786
12 years$16,932$14,979$13,224$11,655$10,255$6,448
13 years$15,469$13,537$11,815$10,289$8,942$5,367
14 years$14,216$12,304$10,616$9,134$7,839$4,487
15 years$13,132$11,240$9,585$8,146$6,902$3,764
16 years$12,184$10,313$8,690$7,293$6,100$3,167
17 years$11,348$9,498$7,908$6,553$5,409$2,670
18 years$10,606$8,776$7,219$5,906$4,809$2,256
19 years$9,943$8,134$6,608$5,336$4,286$1,909
20 years$9,346$7,558$6,065$4,833$3,829$1,618
21 years$8,808$7,040$5,578$4,386$3,426$1,373
22 years$8,319$6,572$5,141$3,988$3,071$1,166
23 years$7,873$6,146$4,747$3,632$2,757$991
24 years$7,465$5,759$4,390$3,313$2,478$843
25 years$7,090$5,404$4,066$3,025$2,230$718
26 years$6,744$5,079$3,771$2,766$2,008$611
27 years$6,425$4,780$3,502$2,532$1,811$520
28 years$6,129$4,504$3,256$2,320$1,634$444
29 years$5,854$4,249$3,030$2,127$1,475$378
30 years$5,598$4,013$2,822$1,952$1,333$322
31 years$5,359$3,794$2,631$1,793$1,205$275
32 years$5,135$3,590$2,455$1,648$1,090$235
33 years$4,925$3,399$2,292$1,515$987$200
34 years$4,728$3,222$2,141$1,394$893$171
35 years$4,542$3,056$2,002$1,284$809$146
36 years$4,368$2,900$1,873$1,182$733$124
37 years$4,203$2,755$1,753$1,089$664$106
38 years$4,047$2,618$1,642$1,004$602$91
39 years$3,899$2,489$1,538$926$546$77
40 years$3,760$2,369$1,442$854$495$66
41 years$3,627$2,255$1,352$788$449$56
42 years$3,501$2,147$1,268$727$408$48
43 years$3,381$2,046$1,190$671$370$41
44 years$3,267$1,950$1,117$620$336$35
45 years$3,159$1,860$1,049$572$305$30
46 years$3,055$1,774$985$529$277$26
47 years$2,956$1,693$925$488$251$22
48 years$2,862$1,616$870$451$228$19
49 years$2,771$1,543$817$417$207$16
50 years$2,685$1,474$768$385$188$14

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 $6,695 every year, while hoping to spend $32,175 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: 33/39/28 Blend
49$2,750,000$2,750,000$2,750,000$2,750,000
50$3,037,406$2,891,656$2,849,031$3,111,612
51$3,312,987$2,999,113$2,910,239$3,276,061
52$3,615,600$3,110,757$2,972,420$3,449,845
53$3,947,966$3,226,760$3,035,572$3,636,515
54$4,313,087$3,347,299$3,099,691$3,837,234
55$4,714,266$3,472,561$3,164,775$4,053,281
56$5,155,145$3,602,740$3,230,819$4,286,056
57$5,639,734$3,738,039$3,297,816$4,537,099
58$6,172,452$3,878,668$3,365,758$4,808,103
59$6,758,168$4,024,849$3,434,637$5,100,923
60$7,402,245$4,176,810$3,504,440$5,417,603
61$8,110,592$4,334,791$3,575,157$5,760,385
62$8,889,720$4,499,044$3,646,773$6,131,735
63$9,746,802$4,669,828$3,719,270$6,534,364
64$10,689,742$4,847,415$3,792,632$6,971,254
65$11,727,248$5,032,091$3,866,837$7,445,680
66$12,868,915$5,224,151$3,941,864$7,961,246
67$14,125,314$5,423,905$4,017,687$8,521,918
68$15,508,096$5,631,675$4,094,279$9,132,056
69$17,030,094$5,847,800$4,171,609$9,796,456
70$18,705,451$6,072,629$4,249,646$10,520,395
71$20,549,750$6,306,532$4,328,352$11,309,682
72$22,580,163$6,549,890$4,407,691$12,170,706
73$24,815,610$6,803,105$4,487,618$13,110,500
74$27,276,939$7,066,594$4,568,090$14,136,802
75$29,987,123$7,340,793$4,649,057$15,258,132
76$32,971,475$7,626,158$4,730,467$16,483,866
77$36,257,890$7,923,164$4,812,262$17,824,328
78$39,877,104$8,232,308$4,894,382$19,290,879
79$43,862,986$8,554,109$4,976,761$20,896,031
80$48,252,859$8,889,108$5,059,331$22,653,557
81$53,087,848$9,237,872$5,142,015$24,578,624
82$58,413,271$9,600,990$5,224,736$26,687,930
83$64,279,067$9,979,081$5,307,407$28,999,865
84$70,740,265$10,372,790$5,389,938$31,534,678
85$77,857,505$10,782,789$5,472,233$34,314,669
86$85,697,607$11,209,782$5,554,190$37,364,397
87$94,334,207$11,654,505$5,635,699$40,710,909
88$103,848,446$12,117,726$5,716,645$44,383,995
89$114,329,741$12,600,248$5,796,906$48,416,464
90$125,876,623$13,102,909$5,876,351$52,844,454
91$138,597,673$13,626,586$5,954,843$57,707,771
92$152,612,541$14,172,194$6,032,236$63,050,260
93$168,053,080$14,740,691$6,108,376$68,920,216
94$185,064,587$15,333,078$6,183,099$75,370,842
95$203,807,175$15,950,399$6,256,233$82,460,742
96$224,457,286$16,593,748$6,327,597$90,254,475
97$247,209,355$17,264,267$6,396,997$98,823,162
98$272,277,644$17,963,151$6,464,230$108,245,152
99$299,898,265$18,691,647$6,529,084$118,606,757
100$330,331,412$19,451,061$6,591,332$130,003,070