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

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$228,744$226,706$224,719$222,778$220,884$212,371
2 years$113,240$111,131$109,087$107,105$105,183$96,708
3 years$74,743$72,625$70,586$68,623$66,732$58,562
4 years$55,499$53,387$51,369$49,439$47,594$39,791
5 years$43,955$41,856$39,864$37,974$36,180$28,764
6 years$36,262$34,179$32,216$30,368$28,628$21,604
7 years$30,769$28,703$26,772$24,967$23,282$16,647
8 years$26,651$24,604$22,705$20,944$19,315$13,063
9 years$23,450$21,422$19,556$17,840$16,266$10,388
10 years$20,890$18,883$17,049$15,378$13,859$8,344
11 years$18,798$16,810$15,010$13,384$11,920$6,755
12 years$17,055$15,088$13,321$11,739$10,329$5,502
13 years$15,582$13,635$11,901$10,364$9,007$4,502
14 years$14,320$12,394$10,693$9,200$7,896$3,699
15 years$13,227$11,322$9,655$8,205$6,952$3,048
16 years$12,272$10,388$8,753$7,347$6,144$2,519
17 years$11,430$9,567$7,965$6,601$5,448$2,085
18 years$10,683$8,840$7,271$5,949$4,844$1,729
19 years$10,015$8,193$6,656$5,375$4,318$1,436
20 years$9,414$7,613$6,109$4,868$3,857$1,194
21 years$8,872$7,091$5,619$4,418$3,451$994
22 years$8,379$6,620$5,179$4,017$3,093$828
23 years$7,930$6,191$4,782$3,659$2,777$690
24 years$7,519$5,801$4,422$3,337$2,496$575
25 years$7,141$5,444$4,096$3,047$2,246$480
26 years$6,794$5,116$3,799$2,786$2,023$400
27 years$6,472$4,815$3,527$2,550$1,824$334
28 years$6,174$4,537$3,279$2,337$1,646$279
29 years$5,897$4,280$3,052$2,143$1,486$233
30 years$5,639$4,042$2,842$1,967$1,343$195
31 years$5,398$3,821$2,650$1,806$1,214$163
32 years$5,172$3,616$2,472$1,660$1,098$136
33 years$4,961$3,424$2,309$1,526$994$114
34 years$4,762$3,245$2,157$1,404$900$95
35 years$4,575$3,078$2,017$1,293$815$79
36 years$4,399$2,922$1,886$1,191$738$66
37 years$4,233$2,775$1,766$1,097$669$55
38 years$4,076$2,637$1,654$1,011$607$46
39 years$3,928$2,508$1,549$932$550$39
40 years$3,787$2,386$1,452$860$499$32
41 years$3,653$2,271$1,362$793$453$27
42 years$3,527$2,163$1,277$732$411$23
43 years$3,406$2,061$1,198$676$373$19
44 years$3,291$1,964$1,125$624$338$16
45 years$3,182$1,873$1,056$576$307$13
46 years$3,077$1,787$992$532$279$11
47 years$2,978$1,705$932$492$253$9
48 years$2,883$1,628$876$455$230$8
49 years$2,792$1,555$823$420$209$6
50 years$2,704$1,485$774$388$190$5

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 $5,819 every year, while hoping to spend $59,759 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: 36/40/24 Blend
49$2,770,000$2,770,000$2,770,000$2,770,000
50$3,058,542$2,911,732$2,868,797$3,146,338
51$3,306,931$2,990,824$2,901,319$3,290,611
52$3,578,651$3,071,788$2,932,927$3,440,349
53$3,876,022$3,154,654$2,963,528$3,600,816
54$4,201,593$3,239,449$2,993,023$3,773,010
55$4,558,175$3,326,201$3,021,309$3,958,031
56$4,948,860$3,414,936$3,048,274$4,157,091
57$5,377,056$3,505,681$3,073,804$4,371,525
58$5,846,516$3,598,459$3,097,776$4,602,800
59$6,361,372$3,693,296$3,120,063$4,852,536
60$6,926,177$3,790,212$3,140,530$5,122,513
61$7,545,944$3,889,229$3,159,035$5,414,695
62$8,226,196$3,990,367$3,175,429$5,731,244
63$8,973,017$4,093,644$3,189,554$6,074,543
64$9,793,107$4,199,075$3,201,247$6,447,215
65$10,693,850$4,306,675$3,210,334$6,852,153
66$11,683,376$4,416,456$3,216,634$7,292,544
67$12,770,644$4,528,426$3,219,955$7,771,897
68$13,965,524$4,642,594$3,220,098$8,294,081
69$15,278,889$4,758,962$3,216,852$8,863,361
70$16,722,716$4,877,532$3,209,998$9,484,433
71$18,310,204$4,998,301$3,199,303$10,162,476
72$20,055,891$5,121,264$3,184,526$10,903,194
73$21,975,796$5,246,411$3,165,412$11,712,877
74$24,087,569$5,373,727$3,141,695$12,598,454
75$26,410,656$5,503,194$3,113,097$13,567,562
76$28,966,482$5,634,789$3,079,324$14,628,621
77$31,778,652$5,768,483$3,040,071$15,790,907
78$34,873,178$5,904,242$2,995,017$17,064,646
79$38,278,719$6,042,027$2,943,826$18,461,107
80$42,026,852$6,181,789$2,886,148$19,992,711
81$46,152,371$6,323,477$2,821,614$21,673,149
82$50,693,614$6,467,029$2,749,840$23,517,509
83$55,692,826$6,612,377$2,670,422$25,542,423
84$61,196,554$6,759,443$2,582,941$27,766,220
85$67,256,089$6,908,142$2,486,956$30,209,103
86$73,927,947$7,058,378$2,382,006$32,893,340
87$81,274,404$7,210,045$2,267,610$35,843,473
88$89,364,083$7,363,027$2,143,265$39,086,553
89$98,272,600$7,517,195$2,008,444$42,652,393
90$108,083,276$7,672,409$1,862,598$46,573,856
91$118,887,928$7,828,515$1,705,153$50,887,159
92$130,787,730$7,985,345$1,535,508$55,632,221
93$143,894,168$8,142,717$1,353,037$60,853,040
94$158,330,094$8,300,431$1,157,086$66,598,108
95$174,230,885$8,458,273$946,969$72,920,872
96$191,745,716$8,616,010$721,974$79,880,239
97$211,038,974$8,773,390$481,355$87,541,134
98$232,291,803$8,930,139$224,334$95,975,114
99$255,703,817$9,085,965$0$105,261,045
100$281,494,980$9,240,552$0$115,498,642