Can I retire at age 50 with 2,800,000?

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 $2,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$231,221$229,162$227,152$225,191$223,276$221,128
2 years$114,466$112,334$110,268$108,265$106,322$104,158
3 years$75,553$73,412$71,351$69,366$67,455$65,343
4 years$56,100$53,965$51,925$49,975$48,109$46,065
5 years$44,431$42,309$40,296$38,385$36,572$34,601
6 years$36,655$34,549$32,565$30,697$28,938$27,043
7 years$31,102$29,014$27,062$25,238$23,535$21,716
8 years$26,940$24,870$22,951$21,171$19,524$17,783
9 years$23,704$21,654$19,767$18,033$16,442$14,777
10 years$21,117$19,087$17,234$15,545$14,010$12,419
11 years$19,001$16,992$15,172$13,529$12,049$10,532
12 years$17,240$15,251$13,465$11,866$10,441$8,997
13 years$15,750$13,783$12,030$10,476$9,105$7,732
14 years$14,475$12,528$10,809$9,300$7,981$6,677
15 years$13,370$11,445$9,759$8,294$7,027$5,790
16 years$12,405$10,500$8,848$7,426$6,211$5,038
17 years$11,554$9,670$8,051$6,672$5,507$4,397
18 years$10,799$8,936$7,350$6,013$4,896$3,847
19 years$10,123$8,282$6,728$5,433$4,364$3,374
20 years$9,516$7,696$6,175$4,921$3,898$2,964
21 years$8,968$7,168$5,680$4,466$3,489$2,608
22 years$8,470$6,691$5,235$4,061$3,127$2,298
23 years$8,016$6,258$4,833$3,698$2,807$2,028
24 years$7,601$5,864$4,470$3,373$2,523$1,791
25 years$7,219$5,503$4,140$3,080$2,270$1,584
26 years$6,867$5,172$3,840$2,816$2,045$1,401
27 years$6,542$4,867$3,566$2,578$1,844$1,241
28 years$6,241$4,586$3,315$2,362$1,664$1,099
29 years$5,961$4,327$3,085$2,166$1,502$975
30 years$5,700$4,086$2,873$1,988$1,357$864
31 years$5,456$3,863$2,679$1,826$1,227$767
32 years$5,228$3,655$2,499$1,678$1,110$681
33 years$5,014$3,461$2,334$1,543$1,005$605
34 years$4,814$3,280$2,180$1,420$910$537
35 years$4,625$3,111$2,038$1,307$824$477
36 years$4,447$2,953$1,907$1,204$746$424
37 years$4,279$2,805$1,785$1,109$677$377
38 years$4,120$2,666$1,671$1,022$613$335
39 years$3,970$2,535$1,566$942$556$298
40 years$3,828$2,412$1,468$869$504$265
41 years$3,693$2,296$1,376$802$458$236
42 years$3,565$2,186$1,291$740$415$210
43 years$3,443$2,083$1,211$683$377$187
44 years$3,327$1,986$1,137$631$342$166
45 years$3,216$1,893$1,068$583$311$148
46 years$3,111$1,806$1,003$538$282$132
47 years$3,010$1,724$942$497$256$117
48 years$2,914$1,646$885$459$233$104
49 years$2,822$1,571$832$425$211$93
50 years$2,734$1,501$782$392$192$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,800,000, adding $5,153 every year, while hoping to spend $50,240 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: 79/9/12 Blend
49$2,800,000$2,800,000$2,800,000$2,800,000
50$3,090,915$2,942,515$2,899,115$3,327,767
51$3,352,734$3,033,244$2,942,781$3,574,913
52$3,639,574$3,126,734$2,986,225$3,838,995
53$3,953,935$3,223,068$3,029,388$4,127,273
54$4,298,569$3,322,331$3,072,205$4,442,146
55$4,676,507$3,424,610$3,114,609$4,786,251
56$5,091,090$3,529,994$3,156,527$5,162,496
57$5,545,993$3,638,576$3,197,883$5,574,081
58$6,045,268$3,750,451$3,238,596$6,024,532
59$6,593,378$3,865,715$3,278,580$6,517,732
60$7,195,236$3,984,468$3,317,747$7,057,959
61$7,856,258$4,106,815$3,355,999$7,649,925
62$8,582,408$4,232,861$3,393,237$8,298,819
63$9,380,257$4,362,715$3,429,354$9,010,360
64$10,257,044$4,496,488$3,464,237$9,790,846
65$11,220,742$4,634,296$3,497,770$10,647,216
66$12,280,139$4,776,258$3,529,826$11,587,115
67$13,444,913$4,922,494$3,560,275$12,618,965
68$14,725,728$5,073,130$3,588,978$13,752,045
69$16,134,334$5,228,295$3,615,790$14,996,577
70$17,683,674$5,388,120$3,640,558$16,363,825
71$19,388,012$5,552,741$3,663,119$17,866,197
72$21,263,061$5,722,297$3,683,306$19,517,368
73$23,326,136$5,896,932$3,700,939$21,332,401
74$25,596,313$6,076,793$3,715,832$23,327,896
75$28,094,612$6,262,031$3,727,787$25,522,142
76$30,844,193$6,452,801$3,736,598$27,935,291
77$33,870,574$6,649,262$3,742,048$30,589,547
78$37,201,876$6,851,579$3,743,910$33,509,379
79$40,869,080$7,059,919$3,741,943$36,721,745
80$44,906,326$7,274,455$3,735,898$40,256,352
81$49,351,232$7,495,364$3,725,512$44,145,935
82$54,245,249$7,722,828$3,710,508$48,426,562
83$59,634,051$7,957,033$3,690,597$53,137,980
84$65,567,969$8,198,173$3,665,476$58,323,985
85$72,102,461$8,446,442$3,634,829$64,032,838
86$79,298,637$8,702,043$3,598,321$70,317,719
87$87,223,838$8,965,183$3,555,604$77,237,229
88$95,952,266$9,236,074$3,506,314$84,855,944
89$105,565,690$9,514,934$3,450,068$93,245,022
90$116,154,211$9,801,986$3,386,466$102,482,877
91$127,817,117$10,097,460$3,315,089$112,655,915
92$140,663,817$10,401,590$3,235,499$123,859,356
93$154,814,875$10,714,617$3,147,237$136,198,126
94$170,403,147$11,036,788$3,049,824$149,787,850
95$187,575,033$11,368,355$2,942,758$164,755,944
96$206,491,861$11,709,579$2,825,515$181,242,817
97$227,331,406$12,060,724$2,697,545$199,403,194
98$250,289,573$12,422,062$2,558,276$219,407,580
99$275,582,238$12,793,873$2,407,107$241,443,868
100$303,447,295$13,176,440$2,243,414$265,719,110