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%17.7%
1 years$228,744$226,706$224,719$222,778$220,884$213,984
2 years$113,240$111,131$109,087$107,105$105,183$98,293
3 years$74,743$72,625$70,586$68,623$66,732$60,069
4 years$55,499$53,387$51,369$49,439$47,594$41,207
5 years$43,955$41,856$39,864$37,974$36,180$30,088
6 years$36,262$34,179$32,216$30,368$28,628$22,835
7 years$30,769$28,703$26,772$24,967$23,282$17,788
8 years$26,651$24,604$22,705$20,944$19,315$14,116
9 years$23,450$21,422$19,556$17,840$16,266$11,357
10 years$20,890$18,883$17,049$15,378$13,859$9,233
11 years$18,798$16,810$15,010$13,384$11,920$7,567
12 years$17,055$15,088$13,321$11,739$10,329$6,241
13 years$15,582$13,635$11,901$10,364$9,007$5,175
14 years$14,320$12,394$10,693$9,200$7,896$4,308
15 years$13,227$11,322$9,655$8,205$6,952$3,599
16 years$12,272$10,388$8,753$7,347$6,144$3,014
17 years$11,430$9,567$7,965$6,601$5,448$2,531
18 years$10,683$8,840$7,271$5,949$4,844$2,129
19 years$10,015$8,193$6,656$5,375$4,318$1,793
20 years$9,414$7,613$6,109$4,868$3,857$1,513
21 years$8,872$7,091$5,619$4,418$3,451$1,278
22 years$8,379$6,620$5,179$4,017$3,093$1,080
23 years$7,930$6,191$4,782$3,659$2,777$914
24 years$7,519$5,801$4,422$3,337$2,496$774
25 years$7,141$5,444$4,096$3,047$2,246$655
26 years$6,794$5,116$3,799$2,786$2,023$555
27 years$6,472$4,815$3,527$2,550$1,824$471
28 years$6,174$4,537$3,279$2,337$1,646$399
29 years$5,897$4,280$3,052$2,143$1,486$339
30 years$5,639$4,042$2,842$1,967$1,343$287
31 years$5,398$3,821$2,650$1,806$1,214$244
32 years$5,172$3,616$2,472$1,660$1,098$207
33 years$4,961$3,424$2,309$1,526$994$176
34 years$4,762$3,245$2,157$1,404$900$149
35 years$4,575$3,078$2,017$1,293$815$127
36 years$4,399$2,922$1,886$1,191$738$108
37 years$4,233$2,775$1,766$1,097$669$91
38 years$4,076$2,637$1,654$1,011$607$78
39 years$3,928$2,508$1,549$932$550$66
40 years$3,787$2,386$1,452$860$499$56
41 years$3,653$2,271$1,362$793$453$48
42 years$3,527$2,163$1,277$732$411$40
43 years$3,406$2,061$1,198$676$373$34
44 years$3,291$1,964$1,125$624$338$29
45 years$3,182$1,873$1,056$576$307$25
46 years$3,077$1,787$992$532$279$21
47 years$2,978$1,705$932$492$253$18
48 years$2,883$1,628$876$455$230$15
49 years$2,792$1,555$823$420$209$13
50 years$2,704$1,485$774$388$190$11

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 $6,401 every year, while hoping to spend $45,981 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: 74/20/6 Blend
49$2,770,000$2,770,000$2,770,000$2,770,000
50$3,059,143$2,912,333$2,869,398$3,283,032
51$3,322,252$3,006,114$2,916,599$3,525,041
52$3,610,657$3,102,949$2,963,841$3,783,610
53$3,926,890$3,202,939$3,011,075$4,065,537
54$4,273,739$3,306,189$3,058,252$4,373,116
55$4,654,275$3,412,807$3,105,318$4,708,870
56$5,071,881$3,522,905$3,152,217$5,075,579
57$5,530,283$3,636,598$3,198,887$5,476,301
58$6,033,587$3,754,005$3,245,264$5,914,404
59$6,586,312$3,875,251$3,291,280$6,393,599
60$7,193,440$4,000,463$3,336,862$6,917,968
61$7,860,458$4,129,773$3,381,934$7,492,010
62$8,593,411$4,263,317$3,426,414$8,120,677
63$9,398,957$4,401,238$3,470,217$8,809,425
64$10,284,433$4,543,681$3,513,252$9,564,261
65$11,257,921$4,690,797$3,555,422$10,391,802
66$12,328,325$4,842,743$3,596,625$11,299,337
67$13,505,457$4,999,680$3,636,755$12,294,893
68$14,800,126$5,161,776$3,675,698$13,387,312
69$16,224,239$5,329,204$3,713,334$14,586,336
70$17,790,919$5,502,142$3,749,538$15,902,695
71$19,514,622$5,680,776$3,784,177$17,348,208
72$21,411,277$5,865,298$3,817,111$18,935,898
73$23,498,435$6,055,905$3,848,192$20,680,108
74$25,795,434$6,252,804$3,877,265$22,596,643
75$28,323,583$6,456,205$3,904,167$24,702,914
76$31,106,358$6,666,329$3,928,727$27,018,102
77$34,169,630$6,883,403$3,950,763$29,563,339
78$37,541,904$7,107,661$3,970,085$32,361,911
79$41,254,590$7,339,348$3,986,495$35,439,468
80$45,342,297$7,578,715$3,999,782$38,824,275
81$49,843,162$7,826,023$4,009,725$42,547,473
82$54,799,208$8,081,542$4,016,094$46,643,373
83$60,256,740$8,345,550$4,018,646$51,149,780
84$66,266,783$8,618,337$4,017,126$56,108,349
85$72,885,561$8,900,202$4,011,266$61,564,977
86$80,175,031$9,191,455$4,000,786$67,570,235
87$88,203,464$9,492,416$3,985,392$74,179,847
88$97,046,090$9,803,417$3,964,776$81,455,212
89$106,785,810$10,124,803$3,938,614$89,463,987
90$117,513,972$10,456,928$3,906,568$98,280,719
91$129,331,242$10,800,162$3,868,282$107,987,553
92$142,348,545$11,154,886$3,823,386$118,675,005
93$156,688,116$11,521,496$3,771,489$130,442,815
94$172,484,655$11,900,399$3,712,184$143,400,888
95$189,886,592$12,292,021$3,645,045$157,670,329
96$209,057,495$12,696,801$3,569,624$173,384,589
97$230,177,607$13,115,192$3,485,455$190,690,721
98$253,445,553$13,547,667$3,392,048$209,750,767
99$279,080,209$13,994,712$3,288,891$230,743,287
100$307,322,771$14,456,833$3,175,449$253,865,046