Can I retire at age 50 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$227,918$225,888$223,907$221,974$220,086$216,797
2 years$112,831$110,729$108,693$106,718$104,803$101,497
3 years$74,473$72,363$70,331$68,375$66,491$63,271
4 years$55,298$53,194$51,183$49,261$47,422$44,312
5 years$43,796$41,705$39,720$37,837$36,050$33,059
6 years$36,131$34,055$32,100$30,258$28,525$25,657
7 years$30,658$28,600$26,675$24,877$23,198$20,455
8 years$26,555$24,515$22,623$20,869$19,245$16,625
9 years$23,365$21,345$19,485$17,776$16,207$13,709
10 years$20,815$18,814$16,987$15,323$13,809$11,432
11 years$18,730$16,749$14,955$13,335$11,877$9,617
12 years$16,993$15,033$13,273$11,697$10,292$8,147
13 years$15,525$13,586$11,858$10,327$8,975$6,942
14 years$14,268$12,349$10,655$9,167$7,867$5,944
15 years$13,179$11,281$9,620$8,175$6,927$5,109
16 years$12,228$10,350$8,722$7,320$6,122$4,406
17 years$11,389$9,532$7,936$6,577$5,428$3,810
18 years$10,644$8,808$7,245$5,927$4,827$3,303
19 years$9,979$8,163$6,632$5,356$4,302$2,869
20 years$9,380$7,586$6,087$4,851$3,843$2,496
21 years$8,840$7,066$5,599$4,402$3,439$2,176
22 years$8,349$6,596$5,160$4,003$3,082$1,898
23 years$7,901$6,169$4,764$3,645$2,767$1,658
24 years$7,492$5,780$4,406$3,325$2,487$1,450
25 years$7,116$5,424$4,081$3,036$2,238$1,269
26 years$6,769$5,098$3,785$2,776$2,016$1,111
27 years$6,449$4,798$3,515$2,541$1,817$974
28 years$6,151$4,521$3,267$2,328$1,640$854
29 years$5,875$4,265$3,041$2,135$1,481$749
30 years$5,618$4,028$2,832$1,959$1,338$657
31 years$5,378$3,807$2,640$1,800$1,210$577
32 years$5,153$3,603$2,464$1,654$1,094$507
33 years$4,943$3,412$2,300$1,521$990$445
34 years$4,745$3,234$2,149$1,399$897$391
35 years$4,559$3,067$2,009$1,288$812$344
36 years$4,384$2,911$1,880$1,186$736$302
37 years$4,218$2,765$1,759$1,093$667$266
38 years$4,062$2,628$1,648$1,008$605$234
39 years$3,914$2,499$1,544$929$548$206
40 years$3,773$2,377$1,447$857$497$181
41 years$3,640$2,263$1,357$791$451$159
42 years$3,514$2,155$1,273$730$409$140
43 years$3,394$2,053$1,194$673$372$123
44 years$3,279$1,957$1,121$622$337$108
45 years$3,170$1,866$1,052$574$306$95
46 years$3,066$1,780$989$530$278$84
47 years$2,967$1,699$929$490$252$74
48 years$2,872$1,622$873$453$229$65
49 years$2,782$1,549$820$419$208$57
50 years$2,695$1,480$771$387$189$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,760,000, adding $3,175 every year, while hoping to spend $30,637 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: 58/29/13 Blend
49$2,760,000$2,760,000$2,760,000$2,760,000
50$3,044,795$2,898,515$2,855,735$3,211,296
51$3,322,767$3,007,945$2,918,805$3,433,516
52$3,628,064$3,121,710$2,982,960$3,671,958
53$3,963,443$3,239,990$3,048,206$3,931,149
54$4,331,939$3,362,973$3,114,545$4,213,087
55$4,736,893$3,490,856$3,181,979$4,519,969
56$5,181,991$3,623,843$3,250,510$4,854,211
57$5,671,290$3,762,146$3,320,137$5,218,473
58$6,209,260$3,905,990$3,390,861$5,615,679
59$6,800,827$4,055,607$3,462,677$6,049,048
60$7,451,419$4,211,238$3,535,584$6,522,122
61$8,167,013$4,373,138$3,609,575$7,038,800
62$8,954,197$4,541,571$3,684,646$7,603,370
63$9,820,230$4,716,813$3,760,786$8,220,557
64$10,773,109$4,899,152$3,837,988$8,895,556
65$11,821,645$5,088,889$3,916,239$9,634,091
66$12,975,546$5,286,338$3,995,526$10,442,460
67$14,245,510$5,491,827$4,075,834$11,327,599
68$15,643,323$5,705,698$4,157,147$12,297,143
69$17,181,974$5,928,310$4,239,443$13,359,500
70$18,875,773$6,160,034$4,322,702$14,523,927
71$20,740,488$6,401,262$4,406,899$15,800,619
72$22,793,496$6,652,401$4,492,007$17,200,801
73$25,053,940$6,913,877$4,577,997$18,736,836
74$27,542,918$7,186,133$4,664,836$20,422,339
75$30,283,676$7,469,634$4,752,489$22,272,306
76$33,301,830$7,764,865$4,840,916$24,303,250
77$36,625,607$8,072,333$4,930,077$26,533,362
78$40,286,108$8,392,568$5,019,924$28,982,677
79$44,317,609$8,726,121$5,110,409$31,673,263
80$48,757,875$9,073,571$5,201,478$34,629,427
81$53,648,525$9,435,523$5,293,074$37,877,947
82$59,035,417$9,812,606$5,385,135$41,448,317
83$64,969,087$10,205,481$5,477,594$45,373,029
84$71,505,221$10,614,837$5,570,381$49,687,876
85$78,705,183$11,041,393$5,663,418$54,432,288
86$86,636,594$11,485,904$5,756,625$59,649,705
87$95,373,968$11,949,155$5,849,913$65,387,981
88$104,999,419$12,431,969$5,943,191$71,699,837
89$115,603,431$12,935,206$6,036,359$78,643,356
90$127,285,715$13,459,765$6,129,311$86,282,529
91$140,156,150$14,006,586$6,221,935$94,687,856
92$154,335,819$14,576,651$6,314,112$103,937,014
93$169,958,152$15,170,986$6,405,714$114,115,579
94$187,170,186$15,790,667$6,496,608$125,317,841
95$206,133,951$16,436,816$6,586,650$137,647,686
96$227,028,000$17,110,606$6,675,690$151,219,576
97$250,049,097$17,813,267$6,763,566$166,159,625
98$275,414,069$18,546,081$6,850,110$182,606,791
99$303,361,858$19,310,392$6,935,142$200,714,177
100$334,155,770$20,107,605$7,018,472$220,650,484