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%12.8%
1 years$235,350$233,254$231,209$229,212$227,263$224,609
2 years$116,510$114,340$112,237$110,198$108,220$105,550
3 years$76,902$74,723$72,625$70,605$68,660$66,054
4 years$57,102$54,929$52,852$50,867$48,969$46,449
5 years$45,225$43,065$41,016$39,071$37,225$34,798
6 years$37,309$35,166$33,147$31,245$29,455$27,124
7 years$31,657$29,532$27,545$25,688$23,955$21,721
8 years$27,421$25,315$23,360$21,549$19,873$17,736
9 years$24,127$22,041$20,120$18,355$16,736$14,694
10 years$21,494$19,428$17,541$15,822$14,260$12,313
11 years$19,341$17,296$15,443$13,770$12,264$10,410
12 years$17,548$15,524$13,705$12,078$10,628$8,864
13 years$16,032$14,029$12,245$10,663$9,267$7,593
14 years$14,733$12,752$11,002$9,466$8,124$6,535
15 years$13,609$11,649$9,933$8,442$7,153$5,648
16 years$12,627$10,688$9,006$7,559$6,322$4,898
17 years$11,760$9,843$8,195$6,791$5,605$4,260
18 years$10,991$9,095$7,481$6,120$4,984$3,714
19 years$10,304$8,429$6,849$5,530$4,442$3,245
20 years$9,686$7,833$6,285$5,009$3,968$2,840
21 years$9,128$7,296$5,781$4,546$3,551$2,490
22 years$8,621$6,811$5,328$4,133$3,183$2,186
23 years$8,159$6,370$4,920$3,764$2,857$1,921
24 years$7,736$5,968$4,550$3,433$2,568$1,691
25 years$7,348$5,601$4,214$3,135$2,311$1,489
26 years$6,990$5,264$3,908$2,867$2,082$1,312
27 years$6,659$4,954$3,629$2,624$1,877$1,157
28 years$6,352$4,668$3,374$2,404$1,693$1,021
29 years$6,067$4,404$3,140$2,205$1,529$902
30 years$5,801$4,159$2,925$2,023$1,382$797
31 years$5,553$3,932$2,726$1,858$1,249$704
32 years$5,321$3,720$2,544$1,708$1,130$622
33 years$5,104$3,523$2,375$1,570$1,023$550
34 years$4,900$3,339$2,219$1,445$926$487
35 years$4,708$3,167$2,075$1,330$839$431
36 years$4,526$3,006$1,941$1,225$760$381
37 years$4,356$2,855$1,817$1,129$689$337
38 years$4,194$2,713$1,701$1,040$624$299
39 years$4,041$2,580$1,594$959$566$265
40 years$3,896$2,455$1,494$885$513$234
41 years$3,759$2,337$1,401$816$466$208
42 years$3,628$2,225$1,314$753$423$184
43 years$3,504$2,120$1,233$695$384$163
44 years$3,386$2,021$1,157$642$348$144
45 years$3,274$1,927$1,087$593$316$128
46 years$3,166$1,839$1,021$548$287$113
47 years$3,064$1,755$959$506$261$100
48 years$2,966$1,675$901$468$237$89
49 years$2,872$1,599$847$432$215$79
50 years$2,783$1,528$796$399$195$70

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 $2,768 every year, while hoping to spend $46,707 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: 62/20/18 Blend
49$2,850,000$2,850,000$2,850,000$2,850,000
50$3,143,555$2,992,505$2,948,330$3,323,882
51$3,414,502$3,089,442$2,997,403$3,542,626
52$3,711,520$3,189,563$3,046,555$3,775,833
53$4,037,219$3,292,976$3,095,739$4,029,337
54$4,394,473$3,399,790$3,144,904$4,305,115
55$4,786,450$3,510,120$3,193,999$4,605,345
56$5,216,636$3,624,084$3,242,966$4,932,425
57$5,688,873$3,741,804$3,291,745$5,288,993
58$6,207,393$3,863,407$3,340,273$5,677,955
59$6,776,856$3,989,024$3,388,482$6,102,512
60$7,402,399$4,118,789$3,436,300$6,566,187
61$8,089,678$4,252,844$3,483,649$7,072,860
62$8,844,924$4,391,333$3,530,451$7,626,804
63$9,675,003$4,534,405$3,576,618$8,232,727
64$10,587,480$4,682,217$3,622,061$8,895,812
65$11,590,686$4,834,929$3,666,684$9,621,768
66$12,693,803$4,992,707$3,710,384$10,416,884
67$13,906,945$5,155,724$3,753,056$11,288,087
68$15,241,256$5,324,157$3,794,586$12,243,009
69$16,709,015$5,498,192$3,834,856$13,290,053
70$18,323,749$5,678,018$3,873,738$14,438,482
71$20,100,365$5,863,834$3,911,102$15,698,494
72$22,055,284$6,055,844$3,946,806$17,081,329
73$24,206,603$6,254,260$3,980,703$18,599,367
74$26,574,259$6,459,301$4,012,639$20,266,248
75$29,180,221$6,671,195$4,042,451$22,097,000
76$32,048,696$6,890,176$4,069,965$24,108,178
77$35,206,357$7,116,488$4,095,003$26,318,025
78$38,682,592$7,350,383$4,117,373$28,746,638
79$42,509,788$7,592,123$4,136,875$31,416,162
80$46,723,626$7,841,977$4,153,301$34,350,995
81$51,363,428$8,100,226$4,166,429$37,578,020
82$56,472,521$8,367,160$4,176,027$41,126,859
83$62,098,647$8,643,080$4,181,852$45,030,149
84$68,294,414$8,928,296$4,183,650$49,323,851
85$75,117,794$9,223,132$4,181,151$54,047,593
86$82,632,664$9,527,921$4,174,076$59,245,037
87$90,909,417$9,843,010$4,162,128$64,964,295
88$100,025,617$10,168,757$4,144,999$71,258,381
89$110,066,737$10,505,534$4,122,364$78,185,711
90$121,126,965$10,853,726$4,093,884$85,810,656
91$133,310,090$11,213,732$4,059,203$94,204,146
92$146,730,480$11,585,966$4,017,947$103,444,342
93$161,514,167$11,970,857$3,969,727$113,617,369
94$177,800,031$12,368,848$3,914,132$124,818,135
95$195,741,113$12,780,400$3,850,734$137,151,219
96$215,506,058$13,205,991$3,779,085$150,731,865
97$237,280,707$13,646,116$3,698,716$165,687,063
98$261,269,851$14,101,287$3,609,134$182,156,751
99$287,699,163$14,572,037$3,509,827$200,295,135
100$316,817,327$15,058,917$3,400,256$220,272,142