Can I retire at age 50 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$228,744$226,706$224,719$222,778$220,884$215,895
2 years$113,240$111,131$109,087$107,105$105,183$100,183
3 years$74,743$72,625$70,586$68,623$66,732$61,878
4 years$55,499$53,387$51,369$49,439$47,594$42,923
5 years$43,955$41,856$39,864$37,974$36,180$31,705
6 years$36,262$34,179$32,216$30,368$28,628$24,354
7 years$30,769$28,703$26,772$24,967$23,282$19,209
8 years$26,651$24,604$22,705$20,944$19,315$15,442
9 years$23,450$21,422$19,556$17,840$16,266$12,590
10 years$20,890$18,883$17,049$15,378$13,859$10,377
11 years$18,798$16,810$15,010$13,384$11,920$8,625
12 years$17,055$15,088$13,321$11,739$10,329$7,218
13 years$15,582$13,635$11,901$10,364$9,007$6,074
14 years$14,320$12,394$10,693$9,200$7,896$5,133
15 years$13,227$11,322$9,655$8,205$6,952$4,355
16 years$12,272$10,388$8,753$7,347$6,144$3,706
17 years$11,430$9,567$7,965$6,601$5,448$3,161
18 years$10,683$8,840$7,271$5,949$4,844$2,703
19 years$10,015$8,193$6,656$5,375$4,318$2,315
20 years$9,414$7,613$6,109$4,868$3,857$1,986
21 years$8,872$7,091$5,619$4,418$3,451$1,706
22 years$8,379$6,620$5,179$4,017$3,093$1,467
23 years$7,930$6,191$4,782$3,659$2,777$1,263
24 years$7,519$5,801$4,422$3,337$2,496$1,088
25 years$7,141$5,444$4,096$3,047$2,246$938
26 years$6,794$5,116$3,799$2,786$2,023$809
27 years$6,472$4,815$3,527$2,550$1,824$698
28 years$6,174$4,537$3,279$2,337$1,646$603
29 years$5,897$4,280$3,052$2,143$1,486$520
30 years$5,639$4,042$2,842$1,967$1,343$450
31 years$5,398$3,821$2,650$1,806$1,214$389
32 years$5,172$3,616$2,472$1,660$1,098$336
33 years$4,961$3,424$2,309$1,526$994$290
34 years$4,762$3,245$2,157$1,404$900$251
35 years$4,575$3,078$2,017$1,293$815$217
36 years$4,399$2,922$1,886$1,191$738$188
37 years$4,233$2,775$1,766$1,097$669$163
38 years$4,076$2,637$1,654$1,011$607$141
39 years$3,928$2,508$1,549$932$550$122
40 years$3,787$2,386$1,452$860$499$105
41 years$3,653$2,271$1,362$793$453$91
42 years$3,527$2,163$1,277$732$411$79
43 years$3,406$2,061$1,198$676$373$68
44 years$3,291$1,964$1,125$624$338$59
45 years$3,182$1,873$1,056$576$307$51
46 years$3,077$1,787$992$532$279$44
47 years$2,978$1,705$932$492$253$38
48 years$2,883$1,628$876$455$230$33
49 years$2,792$1,555$823$420$209$29
50 years$2,704$1,485$774$388$190$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,770,000, adding $5,541 every year, while hoping to spend $50,169 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: 68/27/5 Blend
49$2,770,000$2,770,000$2,770,000$2,770,000
50$3,058,256$2,911,446$2,868,511$3,264,092
51$3,316,818$3,000,727$2,911,226$3,490,322
52$3,600,073$3,092,702$2,953,691$3,730,968
53$3,910,485$3,187,449$2,995,845$3,992,738
54$4,250,770$3,285,049$3,037,621$4,277,687
55$4,623,919$3,385,587$3,078,952$4,588,077
56$5,033,225$3,489,148$3,119,763$4,926,395
57$5,482,317$3,595,819$3,159,979$5,295,383
58$5,975,192$3,705,692$3,199,516$5,698,056
59$6,516,250$3,818,860$3,238,288$6,137,736
60$7,110,341$3,935,417$3,276,205$6,618,078
61$7,762,807$4,055,464$3,313,168$7,143,107
62$8,479,531$4,179,100$3,349,078$7,717,258
63$9,266,996$4,306,429$3,383,825$8,345,411
64$10,132,343$4,437,557$3,417,296$9,032,942
65$11,083,439$4,572,594$3,449,373$9,785,772
66$12,128,951$4,711,653$3,479,928$10,610,420
67$13,278,428$4,854,847$3,508,829$11,514,068
68$14,542,390$5,002,297$3,535,937$12,504,626
69$15,932,427$5,154,123$3,561,104$13,590,807
70$17,461,309$5,310,449$3,584,176$14,782,206
71$19,143,106$5,471,405$3,604,989$16,089,396
72$20,993,320$5,637,121$3,623,374$17,524,021
73$23,029,031$5,807,732$3,639,149$19,098,911
74$25,269,057$5,983,376$3,652,125$20,828,195
75$27,734,135$6,164,195$3,662,105$22,727,444
76$30,447,111$6,350,335$3,668,880$24,813,809
77$33,433,160$6,541,945$3,672,231$27,106,185
78$36,720,019$6,739,177$3,671,928$29,625,390
79$40,338,254$6,942,190$3,667,730$32,394,359
80$44,321,541$7,151,142$3,659,385$35,438,364
81$48,706,991$7,366,201$3,646,626$38,785,244
82$53,535,493$7,587,533$3,629,177$42,465,676
83$58,852,104$7,815,314$3,606,746$46,513,458
84$64,706,474$8,049,719$3,579,027$50,965,828
85$71,153,310$8,290,931$3,545,700$55,863,820
86$78,252,896$8,539,135$3,506,430$61,252,642
87$86,071,662$8,794,523$3,460,866$67,182,111
88$94,682,807$9,057,290$3,408,640$73,707,116
89$104,166,991$9,327,635$3,349,367$80,888,138
90$114,613,098$9,605,763$3,282,644$88,791,819
91$126,119,071$9,891,883$3,208,051$97,491,593
92$138,792,840$10,186,209$3,125,144$107,068,377
93$152,753,337$10,488,961$3,033,464$117,611,331
94$168,131,619$10,800,361$2,932,526$129,218,703
95$185,072,105$11,120,639$2,821,826$141,998,755
96$203,733,938$11,450,030$2,700,837$156,070,783
97$224,292,490$11,788,771$2,569,005$171,566,240
98$246,941,012$12,137,109$2,425,754$188,629,984
99$271,892,459$12,495,291$2,270,481$207,421,633
100$299,381,503$12,863,574$2,102,555$228,117,082