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%11.9%
1 years$229,570$227,525$225,530$223,583$221,681$219,916
2 years$113,648$111,532$109,481$107,492$105,562$103,783
3 years$75,013$72,887$70,841$68,871$66,973$65,234
4 years$55,699$53,580$51,554$49,618$47,766$46,081
5 years$44,114$42,007$40,008$38,111$36,311$34,686
6 years$36,393$34,302$32,333$30,478$28,732$27,168
7 years$30,880$28,807$26,869$25,057$23,366$21,865
8 years$26,747$24,693$22,787$21,020$19,385$17,945
9 years$23,534$21,500$19,626$17,904$16,325$14,947
10 years$20,966$18,951$17,110$15,434$13,909$12,592
11 years$18,866$16,871$15,064$13,432$11,963$10,705
12 years$17,117$15,142$13,369$11,782$10,367$9,168
13 years$15,638$13,684$11,944$10,401$9,040$7,899
14 years$14,372$12,439$10,732$9,233$7,924$6,839
15 years$13,275$11,363$9,689$8,234$6,977$5,947
16 years$12,316$10,425$8,785$7,373$6,166$5,189
17 years$11,472$9,601$7,994$6,625$5,468$4,541
18 years$10,721$8,872$7,297$5,970$4,862$3,985
19 years$10,051$8,222$6,680$5,395$4,333$3,504
20 years$9,448$7,641$6,131$4,886$3,870$3,088
21 years$8,904$7,117$5,639$4,434$3,464$2,725
22 years$8,409$6,643$5,197$4,032$3,105$2,409
23 years$7,959$6,213$4,799$3,672$2,787$2,132
24 years$7,546$5,822$4,438$3,349$2,505$1,889
25 years$7,167$5,463$4,111$3,058$2,254$1,675
26 years$6,818$5,135$3,812$2,796$2,030$1,487
27 years$6,495$4,832$3,540$2,560$1,831$1,321
28 years$6,196$4,553$3,291$2,345$1,652$1,174
29 years$5,918$4,296$3,063$2,151$1,491$1,044
30 years$5,659$4,057$2,853$1,974$1,348$929
31 years$5,417$3,835$2,659$1,813$1,218$827
32 years$5,191$3,629$2,481$1,666$1,102$737
33 years$4,979$3,436$2,317$1,532$997$656
34 years$4,779$3,257$2,165$1,409$903$585
35 years$4,592$3,089$2,024$1,298$818$522
36 years$4,415$2,932$1,893$1,195$741$465
37 years$4,249$2,785$1,772$1,101$672$415
38 years$4,091$2,647$1,659$1,015$609$370
39 years$3,942$2,517$1,555$936$552$330
40 years$3,801$2,394$1,457$863$501$295
41 years$3,667$2,279$1,366$796$454$263
42 years$3,539$2,171$1,282$735$412$235
43 years$3,418$2,068$1,203$678$374$210
44 years$3,303$1,971$1,129$626$340$187
45 years$3,193$1,880$1,060$578$308$167
46 years$3,088$1,793$996$534$280$149
47 years$2,989$1,711$935$494$254$133
48 years$2,893$1,634$879$456$231$119
49 years$2,802$1,560$826$422$210$106
50 years$2,714$1,490$777$390$190$95

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 $4,625 every year, while hoping to spend $33,722 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: 68/10/22 Blend
49$2,780,000$2,780,000$2,780,000$2,780,000
50$3,068,331$2,920,991$2,877,901$3,259,655
51$3,345,420$3,028,239$2,938,430$3,495,626
52$3,649,643$3,139,613$2,999,858$3,749,341
53$3,983,731$3,255,278$3,062,177$4,026,091
54$4,350,693$3,375,408$3,125,381$4,328,148
55$4,753,845$3,500,184$3,189,463$4,658,014
56$5,196,838$3,629,795$3,254,411$5,018,444
57$5,683,697$3,764,436$3,320,216$5,412,470
58$6,218,855$3,904,314$3,386,863$5,843,434
59$6,807,194$4,049,642$3,454,339$6,315,013
60$7,454,096$4,200,642$3,522,627$6,831,260
61$8,165,487$4,357,547$3,591,709$7,396,637
62$8,947,899$4,520,599$3,661,563$8,016,058
63$9,808,527$4,690,051$3,732,168$8,694,937
64$10,755,300$4,866,166$3,803,499$9,439,237
65$11,796,952$5,049,219$3,875,527$10,255,527
66$12,943,107$5,239,498$3,948,224$11,151,042
67$14,204,371$5,437,300$4,021,556$12,133,752
68$15,592,428$5,642,938$4,095,489$13,212,439
69$17,120,151$5,856,738$4,169,984$14,396,776
70$18,801,727$6,079,038$4,244,998$15,697,418
71$20,652,786$6,310,194$4,320,489$17,126,107
72$22,690,551$6,550,575$4,396,407$18,695,776
73$24,934,001$6,800,567$4,472,700$20,420,675
74$27,404,047$7,060,572$4,549,313$22,316,505
75$30,123,731$7,331,011$4,626,186$24,400,563
76$33,118,443$7,612,323$4,703,255$26,691,908
77$36,416,162$7,904,964$4,780,452$29,211,537
78$40,047,717$8,209,414$4,857,704$31,982,588
79$44,047,080$8,526,170$4,934,932$35,030,550
80$48,451,684$8,855,755$5,012,054$38,383,513
81$53,302,779$9,198,710$5,088,981$42,072,423
82$58,645,820$9,555,605$5,165,620$46,131,382
83$64,530,896$9,927,031$5,241,870$50,597,963
84$71,013,200$10,313,608$5,317,625$55,513,568
85$78,153,554$10,715,983$5,392,773$60,923,816
86$86,018,979$11,134,829$5,467,194$66,878,974
87$94,683,332$11,570,852$5,540,762$73,434,432
88$104,227,997$12,024,789$5,613,343$80,651,225
89$114,742,657$12,497,408$5,684,794$88,596,605
90$126,326,139$12,989,513$5,754,966$97,344,680
91$139,087,348$13,501,942$5,823,700$106,977,111
92$153,146,293$14,035,572$5,890,830$117,583,882
93$168,635,220$14,591,320$5,956,177$129,264,148
94$185,699,858$15,170,141$6,019,555$142,127,174
95$204,500,802$15,773,035$6,080,768$156,293,361
96$225,215,017$16,401,048$6,139,608$171,895,383
97$248,037,519$17,055,270$6,195,855$189,079,443
98$273,183,210$17,736,841$6,249,279$208,006,646
99$300,888,905$18,446,954$6,299,638$228,854,523
100$331,415,574$19,186,855$6,346,676$251,818,706