Can I retire at age 50 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$229,570$227,525$225,530$223,583$221,681$218,188
2 years$113,648$111,532$109,481$107,492$105,562$102,053
3 years$75,013$72,887$70,841$68,871$66,973$63,555
4 years$55,699$53,580$51,554$49,618$47,766$44,466
5 years$44,114$42,007$40,008$38,111$36,311$33,139
6 years$36,393$34,302$32,333$30,478$28,732$25,692
7 years$30,880$28,807$26,869$25,057$23,366$20,459
8 years$26,747$24,693$22,787$21,020$19,385$16,610
9 years$23,534$21,500$19,626$17,904$16,325$13,680
10 years$20,966$18,951$17,110$15,434$13,909$11,394
11 years$18,866$16,871$15,064$13,432$11,963$9,573
12 years$17,117$15,142$13,369$11,782$10,367$8,100
13 years$15,638$13,684$11,944$10,401$9,040$6,893
14 years$14,372$12,439$10,732$9,233$7,924$5,893
15 years$13,275$11,363$9,689$8,234$6,977$5,058
16 years$12,316$10,425$8,785$7,373$6,166$4,356
17 years$11,472$9,601$7,994$6,625$5,468$3,762
18 years$10,721$8,872$7,297$5,970$4,862$3,256
19 years$10,051$8,222$6,680$5,395$4,333$2,825
20 years$9,448$7,641$6,131$4,886$3,870$2,454
21 years$8,904$7,117$5,639$4,434$3,464$2,135
22 years$8,409$6,643$5,197$4,032$3,105$1,860
23 years$7,959$6,213$4,799$3,672$2,787$1,623
24 years$7,546$5,822$4,438$3,349$2,505$1,417
25 years$7,167$5,463$4,111$3,058$2,254$1,238
26 years$6,818$5,135$3,812$2,796$2,030$1,082
27 years$6,495$4,832$3,540$2,560$1,831$947
28 years$6,196$4,553$3,291$2,345$1,652$829
29 years$5,918$4,296$3,063$2,151$1,491$726
30 years$5,659$4,057$2,853$1,974$1,348$636
31 years$5,417$3,835$2,659$1,813$1,218$558
32 years$5,191$3,629$2,481$1,666$1,102$489
33 years$4,979$3,436$2,317$1,532$997$429
34 years$4,779$3,257$2,165$1,409$903$376
35 years$4,592$3,089$2,024$1,298$818$330
36 years$4,415$2,932$1,893$1,195$741$290
37 years$4,249$2,785$1,772$1,101$672$254
38 years$4,091$2,647$1,659$1,015$609$223
39 years$3,942$2,517$1,555$936$552$196
40 years$3,801$2,394$1,457$863$501$172
41 years$3,667$2,279$1,366$796$454$151
42 years$3,539$2,171$1,282$735$412$133
43 years$3,418$2,068$1,203$678$374$116
44 years$3,303$1,971$1,129$626$340$102
45 years$3,193$1,880$1,060$578$308$90
46 years$3,088$1,793$996$534$280$79
47 years$2,989$1,711$935$494$254$69
48 years$2,893$1,634$879$456$231$61
49 years$2,802$1,560$826$422$210$54
50 years$2,714$1,490$777$390$190$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,780,000, adding $3,512 every year, while hoping to spend $35,062 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: 51/29/20 Blend
49$2,780,000$2,780,000$2,780,000$2,780,000
50$3,067,183$2,919,843$2,876,753$3,206,424
51$3,342,730$3,025,609$2,935,818$3,408,656
52$3,645,207$3,135,383$2,995,687$3,624,509
53$3,977,325$3,249,324$3,056,350$3,858,456
54$4,342,069$3,367,598$3,117,794$4,112,221
55$4,742,727$3,490,377$3,180,007$4,387,703
56$5,182,922$3,617,842$3,242,974$4,686,989
57$5,666,645$3,750,181$3,306,678$5,012,378
58$6,198,291$3,887,588$3,371,101$5,366,394
59$6,782,706$4,030,269$3,436,222$5,751,818
60$7,425,225$4,178,435$3,502,018$6,171,710
61$8,131,727$4,332,308$3,568,465$6,629,436
62$8,908,690$4,492,118$3,635,535$7,128,701
63$9,763,250$4,658,106$3,703,200$7,673,583
64$10,703,271$4,830,522$3,771,426$8,268,571
65$11,737,415$5,009,628$3,840,179$8,918,606
66$12,875,227$5,195,696$3,909,421$9,629,128
67$14,127,226$5,389,010$3,979,112$10,406,125
68$15,504,997$5,589,866$4,049,207$11,256,193
69$17,021,311$5,798,574$4,119,660$12,186,590
70$18,690,235$6,015,454$4,190,418$13,205,311
71$20,527,271$6,240,843$4,261,429$14,321,160
72$22,549,499$6,475,091$4,332,634$15,543,831
73$24,775,741$6,718,564$4,403,970$16,884,000
74$27,226,735$6,971,641$4,475,371$18,353,424
75$29,925,332$7,234,721$4,546,766$19,965,053
76$32,896,711$7,508,219$4,618,079$21,733,149
77$36,168,621$7,792,566$4,689,229$23,673,422
78$39,771,632$8,088,214$4,760,130$25,803,173
79$43,739,436$8,395,634$4,830,692$28,141,462
80$48,109,156$8,715,318$4,900,818$30,709,281
81$52,921,698$9,047,777$4,970,403$33,529,758
82$58,222,140$9,393,547$5,039,341$36,628,366
83$64,060,154$9,753,186$5,107,514$40,033,168
84$70,490,475$10,127,277$5,174,801$43,775,078
85$77,573,418$10,516,428$5,241,072$47,888,154
86$85,375,449$10,921,275$5,306,189$52,409,916
87$93,969,807$11,342,480$5,370,009$57,381,697
88$103,437,200$11,780,735$5,432,377$62,849,036
89$113,866,566$12,236,762$5,493,133$68,862,105
90$125,355,908$12,711,316$5,552,106$75,476,177
91$138,013,224$13,205,183$5,609,115$82,752,152
92$151,957,523$13,719,188$5,663,970$90,757,127
93$167,319,950$14,254,187$5,716,473$99,565,028
94$184,245,021$14,811,079$5,766,411$109,257,306
95$202,891,990$15,390,799$5,813,562$119,923,704
96$223,436,351$15,994,325$5,857,694$131,663,102
97$246,071,491$16,622,679$5,898,559$144,584,448
98$271,010,522$17,276,929$5,935,900$158,807,786
99$298,488,285$17,958,189$5,969,443$174,465,386
100$328,763,573$18,667,624$5,998,902$191,702,990