Can I retire at age 50 with 2,850,000?

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$235,350$233,254$231,209$229,212$227,263$222,948
2 years$116,510$114,340$112,237$110,198$108,220$103,890
3 years$76,902$74,723$72,625$70,605$68,660$64,449
4 years$57,102$54,929$52,852$50,867$48,969$44,910
5 years$45,225$43,065$41,016$39,071$37,225$33,330
6 years$37,309$35,166$33,147$31,245$29,455$25,727
7 years$31,657$29,532$27,545$25,688$23,955$20,396
8 years$27,421$25,315$23,360$21,549$19,873$16,482
9 years$24,127$22,041$20,120$18,355$16,736$13,510
10 years$21,494$19,428$17,541$15,822$14,260$11,197
11 years$19,341$17,296$15,443$13,770$12,264$9,360
12 years$17,548$15,524$13,705$12,078$10,628$7,879
13 years$16,032$14,029$12,245$10,663$9,267$6,670
14 years$14,733$12,752$11,002$9,466$8,124$5,672
15 years$13,609$11,649$9,933$8,442$7,153$4,842
16 years$12,627$10,688$9,006$7,559$6,322$4,146
17 years$11,760$9,843$8,195$6,791$5,605$3,560
18 years$10,991$9,095$7,481$6,120$4,984$3,064
19 years$10,304$8,429$6,849$5,530$4,442$2,642
20 years$9,686$7,833$6,285$5,009$3,968$2,282
21 years$9,128$7,296$5,781$4,546$3,551$1,974
22 years$8,621$6,811$5,328$4,133$3,183$1,709
23 years$8,159$6,370$4,920$3,764$2,857$1,481
24 years$7,736$5,968$4,550$3,433$2,568$1,285
25 years$7,348$5,601$4,214$3,135$2,311$1,116
26 years$6,990$5,264$3,908$2,867$2,082$969
27 years$6,659$4,954$3,629$2,624$1,877$843
28 years$6,352$4,668$3,374$2,404$1,693$733
29 years$6,067$4,404$3,140$2,205$1,529$638
30 years$5,801$4,159$2,925$2,023$1,382$555
31 years$5,553$3,932$2,726$1,858$1,249$483
32 years$5,321$3,720$2,544$1,708$1,130$421
33 years$5,104$3,523$2,375$1,570$1,023$367
34 years$4,900$3,339$2,219$1,445$926$320
35 years$4,708$3,167$2,075$1,330$839$278
36 years$4,526$3,006$1,941$1,225$760$243
37 years$4,356$2,855$1,817$1,129$689$212
38 years$4,194$2,713$1,701$1,040$624$184
39 years$4,041$2,580$1,594$959$566$161
40 years$3,896$2,455$1,494$885$513$140
41 years$3,759$2,337$1,401$816$466$122
42 years$3,628$2,225$1,314$753$423$107
43 years$3,504$2,120$1,233$695$384$93
44 years$3,386$2,021$1,157$642$348$81
45 years$3,274$1,927$1,087$593$316$71
46 years$3,166$1,839$1,021$548$287$62
47 years$3,064$1,755$959$506$261$54
48 years$2,966$1,675$901$468$237$47
49 years$2,872$1,599$847$432$215$41
50 years$2,783$1,528$796$399$195$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,850,000, adding $4,523 every year, while hoping to spend $50,623 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: 64/17/19 Blend
49$2,850,000$2,850,000$2,850,000$2,850,000
50$3,145,365$2,994,315$2,950,140$3,331,271
51$3,412,330$3,087,174$2,995,108$3,549,626
52$3,704,829$3,182,887$3,039,885$3,781,916
53$4,025,412$3,281,539$3,084,412$4,034,493
54$4,376,890$3,383,220$3,128,625$4,309,342
55$4,762,356$3,488,021$3,172,457$4,608,649
56$5,185,219$3,596,037$3,215,837$4,934,820
57$5,649,232$3,707,364$3,258,689$5,290,506
58$6,158,532$3,822,102$3,300,933$5,678,625
59$6,717,672$3,940,355$3,342,484$6,102,390
60$7,331,669$4,062,228$3,383,252$6,565,344
61$8,006,052$4,187,829$3,423,143$7,071,383
62$8,746,908$4,317,271$3,462,057$7,624,804
63$9,560,944$4,450,670$3,499,888$8,230,336
64$10,455,551$4,588,143$3,536,525$8,893,191
65$11,438,869$4,729,813$3,571,850$9,619,109
66$12,519,865$4,875,806$3,605,739$10,414,413
67$13,708,422$5,026,251$3,638,061$11,286,071
68$15,015,425$5,181,281$3,668,680$12,241,755
69$16,452,867$5,341,033$3,697,450$13,289,922
70$18,033,963$5,505,647$3,724,218$14,439,887
71$19,773,273$5,675,270$3,748,825$15,701,913
72$21,686,837$5,850,048$3,771,101$17,087,306
73$23,792,331$6,030,137$3,790,869$18,608,526
74$26,109,228$6,215,693$3,807,943$20,279,299
75$28,658,987$6,406,879$3,822,126$22,114,748
76$31,465,249$6,603,862$3,833,213$24,131,539
77$34,554,065$6,806,812$3,840,987$26,348,033
78$37,954,141$7,015,907$3,845,221$28,784,462
79$41,697,105$7,231,328$3,845,677$31,463,119
80$45,817,808$7,453,261$3,842,106$34,408,568
81$50,354,652$7,681,899$3,834,244$37,647,875
82$55,349,952$7,917,437$3,821,816$41,210,868
83$60,850,335$8,160,079$3,804,535$45,130,410
84$66,907,179$8,410,034$3,782,098$49,442,716
85$73,577,101$8,667,515$3,754,187$54,187,691
86$80,922,484$8,932,742$3,720,471$59,409,310
87$89,012,072$9,205,941$3,680,602$65,156,028
88$97,921,617$9,487,345$3,634,215$71,481,240
89$107,734,590$9,777,193$3,580,930$78,443,786
90$118,542,973$10,075,731$3,520,345$86,108,505
91$130,448,124$10,383,209$3,452,044$94,546,845
92$143,561,733$10,699,887$3,375,589$103,837,541
93$158,006,880$11,026,032$3,290,521$114,067,355
94$173,919,190$11,361,915$3,196,362$125,331,897
95$191,448,117$11,707,819$3,092,610$137,736,525
96$210,758,354$12,064,031$2,978,741$151,397,343
97$232,031,385$12,430,847$2,854,208$166,442,295
98$255,467,198$12,808,571$2,718,436$183,012,369
99$281,286,176$13,197,514$2,570,827$201,262,936
100$309,731,171$13,597,998$2,410,755$221,365,209