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

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$227,918$225,888$223,907$221,974$220,086$213,297
2 years$112,831$110,729$108,693$106,718$104,803$98,023
3 years$74,473$72,363$70,331$68,375$66,491$59,932
4 years$55,298$53,194$51,183$49,261$47,422$41,135
5 years$43,796$41,705$39,720$37,837$36,050$30,050
6 years$36,131$34,055$32,100$30,258$28,525$22,819
7 years$30,658$28,600$26,675$24,877$23,198$17,786
8 years$26,555$24,515$22,623$20,869$19,245$14,123
9 years$23,365$21,345$19,485$17,776$16,207$11,369
10 years$20,815$18,814$16,987$15,323$13,809$9,248
11 years$18,730$16,749$14,955$13,335$11,877$7,585
12 years$16,993$15,033$13,273$11,697$10,292$6,260
13 years$15,525$13,586$11,858$10,327$8,975$5,194
14 years$14,268$12,349$10,655$9,167$7,867$4,327
15 years$13,179$11,281$9,620$8,175$6,927$3,617
16 years$12,228$10,350$8,722$7,320$6,122$3,032
17 years$11,389$9,532$7,936$6,577$5,428$2,547
18 years$10,644$8,808$7,245$5,927$4,827$2,144
19 years$9,979$8,163$6,632$5,356$4,302$1,808
20 years$9,380$7,586$6,087$4,851$3,843$1,526
21 years$8,840$7,066$5,599$4,402$3,439$1,290
22 years$8,349$6,596$5,160$4,003$3,082$1,091
23 years$7,901$6,169$4,764$3,645$2,767$924
24 years$7,492$5,780$4,406$3,325$2,487$783
25 years$7,116$5,424$4,081$3,036$2,238$664
26 years$6,769$5,098$3,785$2,776$2,016$563
27 years$6,449$4,798$3,515$2,541$1,817$478
28 years$6,151$4,521$3,267$2,328$1,640$405
29 years$5,875$4,265$3,041$2,135$1,481$344
30 years$5,618$4,028$2,832$1,959$1,338$292
31 years$5,378$3,807$2,640$1,800$1,210$248
32 years$5,153$3,603$2,464$1,654$1,094$211
33 years$4,943$3,412$2,300$1,521$990$179
34 years$4,745$3,234$2,149$1,399$897$152
35 years$4,559$3,067$2,009$1,288$812$129
36 years$4,384$2,911$1,880$1,186$736$110
37 years$4,218$2,765$1,759$1,093$667$93
38 years$4,062$2,628$1,648$1,008$605$79
39 years$3,914$2,499$1,544$929$548$68
40 years$3,773$2,377$1,447$857$497$57
41 years$3,640$2,263$1,357$791$451$49
42 years$3,514$2,155$1,273$730$409$41
43 years$3,394$2,053$1,194$673$372$35
44 years$3,279$1,957$1,121$622$337$30
45 years$3,170$1,866$1,052$574$306$25
46 years$3,066$1,780$989$530$278$22
47 years$2,967$1,699$929$490$252$18
48 years$2,872$1,622$873$453$229$16
49 years$2,782$1,549$820$419$208$13
50 years$2,695$1,480$771$387$189$11

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 $4,064 every year, while hoping to spend $52,599 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: 62/33/5 Blend
49$2,760,000$2,760,000$2,760,000$2,760,000
50$3,045,712$2,899,432$2,856,652$3,231,926
51$3,300,410$2,985,539$2,896,385$3,442,685
52$3,579,324$3,074,103$2,935,686$3,666,082
53$3,884,868$3,165,188$2,974,485$3,908,525
54$4,219,703$3,258,860$3,012,709$4,171,852
55$4,586,756$3,355,187$3,050,278$4,458,081
56$4,989,253$3,454,239$3,087,109$4,769,436
57$5,430,745$3,556,086$3,123,116$5,108,366
58$5,915,147$3,660,799$3,158,206$5,477,562
59$6,446,767$3,768,454$3,192,281$5,879,992
60$7,030,353$3,879,124$3,225,239$6,318,918
61$7,671,134$3,992,886$3,256,969$6,797,935
62$8,374,871$4,109,819$3,287,359$7,321,000
63$9,147,910$4,230,002$3,316,287$7,892,471
64$9,997,241$4,353,516$3,343,627$8,517,145
65$10,930,565$4,480,444$3,369,244$9,200,305
66$11,956,367$4,610,869$3,392,998$9,947,772
67$13,083,993$4,744,879$3,414,741$10,765,953
68$14,323,742$4,882,560$3,434,316$11,661,906
69$15,686,959$5,024,000$3,451,560$12,643,406
70$17,186,142$5,169,290$3,466,302$13,719,014
71$18,835,065$5,318,521$3,478,359$14,898,164
72$20,648,899$5,471,787$3,487,542$16,191,245
73$22,644,364$5,629,181$3,493,651$17,609,701
74$24,839,878$5,790,800$3,496,477$19,166,141
75$27,255,737$5,956,740$3,495,800$20,874,452
76$29,914,302$6,127,101$3,491,390$22,749,937
77$32,840,213$6,301,981$3,483,004$24,809,452
78$36,060,619$6,481,482$3,470,389$27,071,568
79$39,605,433$6,665,706$3,453,278$29,556,746
80$43,507,618$6,854,755$3,431,393$32,287,527
81$47,803,491$7,048,735$3,404,441$35,288,749
82$52,533,074$7,247,749$3,372,116$38,587,774
83$57,740,463$7,451,905$3,334,098$42,214,752
84$63,474,250$7,661,308$3,290,050$46,202,903
85$69,787,978$7,876,066$3,239,621$50,588,829
86$76,740,645$8,096,287$3,182,442$55,412,859
87$84,397,265$8,322,079$3,118,127$60,719,430
88$92,829,476$8,553,551$3,046,274$66,557,506
89$102,116,218$8,790,811$2,966,461$72,981,038
90$112,344,480$9,033,968$2,878,244$80,049,475
91$123,610,115$9,283,130$2,781,163$87,828,323
92$136,018,749$9,538,407$2,674,735$96,389,762
93$149,686,777$9,799,904$2,558,454$105,813,329
94$164,742,459$10,067,729$2,431,793$116,186,666
95$181,327,130$10,341,989$2,294,198$127,606,349
96$199,596,537$10,622,786$2,145,094$140,178,798
97$219,722,306$10,910,225$1,983,877$154,021,277
98$241,893,562$11,204,406$1,809,917$169,263,008
99$266,318,712$11,505,429$1,622,557$186,046,386
100$293,227,416$11,813,391$1,421,108$204,528,319