Can I retire at age 50 with 2,860,000?

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 $2,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$236,176$234,072$232,020$230,017$228,060$227,099
2 years$116,919$114,741$112,631$110,585$108,600$107,630
3 years$77,172$74,985$72,880$70,853$68,900$67,951
4 years$57,302$55,122$53,038$51,045$49,140$48,219
5 years$45,383$43,216$41,159$39,208$37,356$36,465
6 years$37,440$35,289$33,263$31,355$29,558$28,700
7 years$31,769$29,636$27,642$25,779$24,039$23,213
8 years$27,517$25,403$23,442$21,625$19,943$19,149
9 years$24,212$22,118$20,191$18,420$16,794$16,034
10 years$21,569$19,496$17,603$15,878$14,310$13,581
11 years$19,408$17,356$15,497$13,819$12,307$11,610
12 years$17,609$15,578$13,753$12,121$10,665$9,999
13 years$16,088$14,078$12,288$10,701$9,300$8,664
14 years$14,785$12,796$11,041$9,499$8,152$7,546
15 years$13,657$11,690$9,968$8,471$7,178$6,601
16 years$12,671$10,725$9,038$7,585$6,344$5,795
17 years$11,802$9,878$8,224$6,815$5,625$5,103
18 years$11,030$9,127$7,507$6,142$5,001$4,506
19 years$10,340$8,459$6,873$5,550$4,458$3,988
20 years$9,720$7,861$6,307$5,026$3,982$3,537
21 years$9,160$7,322$5,802$4,562$3,563$3,143
22 years$8,651$6,835$5,347$4,148$3,194$2,796
23 years$8,188$6,392$4,937$3,777$2,867$2,492
24 years$7,763$5,989$4,566$3,445$2,577$2,223
25 years$7,374$5,621$4,229$3,146$2,319$1,985
26 years$7,014$5,282$3,922$2,877$2,089$1,774
27 years$6,682$4,971$3,642$2,633$1,883$1,587
28 years$6,374$4,684$3,386$2,413$1,699$1,421
29 years$6,088$4,419$3,151$2,212$1,534$1,273
30 years$5,822$4,174$2,935$2,030$1,386$1,141
31 years$5,573$3,945$2,736$1,865$1,253$1,023
32 years$5,340$3,733$2,553$1,714$1,134$918
33 years$5,122$3,535$2,384$1,576$1,026$824
34 years$4,917$3,351$2,227$1,450$929$740
35 years$4,724$3,178$2,082$1,335$841$665
36 years$4,542$3,016$1,948$1,229$762$597
37 years$4,371$2,865$1,823$1,133$691$537
38 years$4,209$2,723$1,707$1,044$626$483
39 years$4,055$2,589$1,599$963$568$434
40 years$3,910$2,463$1,499$888$515$390
41 years$3,772$2,345$1,406$819$467$351
42 years$3,641$2,233$1,319$756$424$316
43 years$3,517$2,128$1,237$698$385$284
44 years$3,398$2,028$1,162$644$349$256
45 years$3,285$1,934$1,091$595$317$230
46 years$3,177$1,845$1,024$550$288$207
47 years$3,075$1,761$962$508$262$186
48 years$2,976$1,681$904$469$238$168
49 years$2,882$1,605$850$434$216$151
50 years$2,792$1,533$799$401$196$136

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,860,000, adding $4,784 every year, while hoping to spend $36,452 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: 76/13/11 Blend
49$2,860,000$2,860,000$2,860,000$2,860,000
50$3,156,655$3,005,075$2,960,745$3,389,724
51$3,439,849$3,113,539$3,021,145$3,652,391
52$3,750,707$3,226,096$3,082,347$3,935,155
53$4,092,013$3,342,908$3,144,339$4,244,093
54$4,466,831$3,464,144$3,207,108$4,581,794
55$4,878,541$3,589,980$3,270,639$4,951,109
56$5,330,862$3,720,598$3,334,915$5,355,177
57$5,827,893$3,856,191$3,399,917$5,797,456
58$6,374,149$3,996,955$3,465,626$6,281,752
59$6,974,606$4,143,100$3,532,018$6,812,257
60$7,634,743$4,294,839$3,599,068$7,393,588
61$8,360,600$4,452,399$3,666,750$8,030,829
62$9,158,827$4,616,013$3,735,032$8,729,581
63$10,036,756$4,785,926$3,803,884$9,496,013
64$11,002,461$4,962,392$3,873,270$10,336,918
65$12,064,839$5,145,676$3,943,152$11,259,780
66$13,233,694$5,336,056$4,013,489$12,272,843
67$14,519,827$5,533,818$4,084,236$13,385,187
68$15,935,138$5,739,265$4,155,348$14,606,816
69$17,492,741$5,952,708$4,226,771$15,948,748
70$19,207,085$6,174,475$4,298,452$17,423,124
71$21,094,090$6,404,906$4,370,332$19,043,316
72$23,171,297$6,644,357$4,442,348$20,824,059
73$25,458,036$6,893,197$4,514,434$22,781,583
74$27,975,606$7,151,813$4,586,517$24,933,772
75$30,747,474$7,420,609$4,658,522$27,300,327
76$33,799,501$7,700,003$4,730,367$29,902,955
77$37,160,182$7,990,435$4,801,967$32,765,571
78$40,860,917$8,292,362$4,873,228$35,914,524
79$44,936,303$8,606,261$4,944,054$39,378,848
80$49,424,468$8,932,630$5,014,342$43,190,528
81$54,367,422$9,271,987$5,083,981$47,384,809
82$59,811,460$9,624,875$5,152,855$52,000,524
83$65,807,594$9,991,860$5,220,841$57,080,461
84$72,412,038$10,373,530$5,287,809$62,671,765
85$79,686,735$10,770,503$5,353,620$68,826,384
86$87,699,945$11,183,420$5,418,129$75,601,558
87$96,526,885$11,612,953$5,481,181$83,060,357
88$106,250,441$12,059,802$5,542,615$91,272,277
89$116,961,951$12,524,697$5,602,258$100,313,897
90$128,762,065$13,008,402$5,659,928$110,269,595
91$141,761,696$13,511,714$5,715,436$121,232,351
92$156,083,065$14,035,464$5,768,579$133,304,619
93$171,860,856$14,580,520$5,819,145$146,599,294
94$189,243,487$15,147,789$5,866,910$161,240,778
95$208,394,511$15,738,219$5,911,639$177,366,151
96$229,494,157$16,352,798$5,953,085$195,126,468
97$252,741,034$16,992,558$5,990,987$214,688,177
98$278,354,005$17,658,579$6,025,070$236,234,698
99$306,574,250$18,351,986$6,055,047$259,968,145
100$337,667,547$19,073,956$6,080,614$286,111,239