Can I retire at age 50 with 2,010,000?

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$165,984$164,505$163,063$161,655$160,280$158,672
2 years$82,170$80,640$79,157$77,719$76,324$74,705
3 years$54,236$52,699$51,220$49,795$48,423$46,842
4 years$40,272$38,739$37,275$35,875$34,536$33,006
5 years$31,895$30,372$28,927$27,555$26,253$24,779
6 years$26,313$24,801$23,377$22,036$20,773$19,356
7 years$22,327$20,828$19,427$18,117$16,894$15,535
8 years$19,339$17,853$16,475$15,198$14,016$12,714
9 years$17,016$15,545$14,190$12,945$11,803$10,558
10 years$15,159$13,702$12,371$11,159$10,057$8,868
11 years$13,640$12,198$10,891$9,712$8,649$7,516
12 years$12,376$10,948$9,666$8,518$7,495$6,417
13 years$11,307$9,894$8,636$7,520$6,536$5,511
14 years$10,391$8,993$7,759$6,676$5,729$4,756
15 years$9,598$8,216$7,006$5,954$5,045$4,121
16 years$8,905$7,538$6,352$5,331$4,458$3,584
17 years$8,294$6,942$5,780$4,790$3,953$3,126
18 years$7,752$6,415$5,276$4,317$3,515$2,733
19 years$7,267$5,945$4,830$3,900$3,133$2,395
20 years$6,831$5,524$4,433$3,533$2,798$2,102
21 years$6,438$5,146$4,077$3,206$2,504$1,849
22 years$6,080$4,803$3,758$2,915$2,245$1,628
23 years$5,754$4,492$3,470$2,655$2,015$1,435
24 years$5,456$4,209$3,209$2,421$1,811$1,267
25 years$5,182$3,950$2,972$2,211$1,630$1,119
26 years$4,930$3,712$2,756$2,022$1,468$989
27 years$4,696$3,494$2,560$1,851$1,324$875
28 years$4,480$3,292$2,380$1,696$1,194$775
29 years$4,279$3,106$2,214$1,555$1,078$686
30 years$4,091$2,933$2,063$1,427$974$608
31 years$3,917$2,773$1,923$1,311$881$539
32 years$3,753$2,624$1,794$1,204$797$478
33 years$3,600$2,485$1,675$1,108$721$425
34 years$3,456$2,355$1,565$1,019$653$377
35 years$3,320$2,234$1,463$938$591$335
36 years$3,192$2,120$1,369$864$536$297
37 years$3,072$2,013$1,281$796$486$264
38 years$2,958$1,914$1,200$734$440$234
39 years$2,850$1,820$1,124$677$399$208
40 years$2,748$1,731$1,054$624$362$185
41 years$2,651$1,648$988$576$329$164
42 years$2,559$1,569$927$531$298$146
43 years$2,471$1,495$870$490$271$130
44 years$2,388$1,425$816$453$246$116
45 years$2,309$1,359$766$418$223$103
46 years$2,233$1,297$720$386$202$91
47 years$2,161$1,237$676$357$184$81
48 years$2,092$1,181$636$330$167$72
49 years$2,026$1,128$597$305$152$64
50 years$1,962$1,078$562$282$138$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,010,000, adding $4,737 every year, while hoping to spend $43,133 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: 84/7/9 Blend
49$2,010,000$2,010,000$2,010,000$2,010,000
50$2,219,906$2,113,376$2,082,221$2,403,336
51$2,400,443$2,171,038$2,106,082$2,581,587
52$2,597,950$2,230,081$2,129,297$2,771,043
53$2,814,111$2,290,525$2,151,799$2,977,807
54$3,050,782$2,352,392$2,173,516$3,203,594
55$3,310,007$2,415,705$2,194,374$3,450,289
56$3,594,036$2,480,483$2,214,294$3,719,969
57$3,905,349$2,546,747$2,233,194$4,014,924
58$4,246,674$2,614,517$2,250,985$4,337,673
59$4,621,017$2,683,811$2,267,576$4,690,993
60$5,031,692$2,754,648$2,282,870$5,077,940
61$5,482,343$2,827,046$2,296,766$5,501,884
62$5,976,990$2,901,019$2,309,155$5,966,535
63$6,520,058$2,976,583$2,319,927$6,475,980
64$7,116,421$3,053,753$2,328,961$7,034,722
65$7,771,450$3,132,541$2,336,135$7,647,720
66$8,491,060$3,212,957$2,341,318$8,320,441
67$9,281,768$3,295,012$2,344,372$9,058,906
68$10,150,754$3,378,713$2,345,154$9,869,746
69$11,105,927$3,464,067$2,343,513$10,760,271
70$12,156,001$3,551,076$2,339,291$11,738,533
71$13,310,577$3,639,742$2,332,321$12,813,404
72$14,580,232$3,730,065$2,322,429$13,994,658
73$15,976,619$3,822,042$2,309,434$15,293,066
74$17,512,577$3,915,665$2,293,143$16,720,494
75$19,202,252$4,010,925$2,273,356$18,290,019
76$21,061,232$4,107,810$2,249,863$20,016,049
77$23,106,688$4,206,303$2,222,444$21,914,458
78$25,357,543$4,306,385$2,190,869$24,002,740
79$27,834,645$4,408,031$2,154,896$26,300,169
80$30,560,967$4,511,212$2,114,272$28,827,986
81$33,561,820$4,615,896$2,068,735$31,609,594
82$36,865,094$4,722,043$2,018,006$34,670,783
83$40,501,521$4,829,611$1,961,797$38,039,970
84$44,504,964$4,938,550$1,899,805$41,748,469
85$48,912,735$5,048,804$1,831,713$45,830,788
86$53,765,950$5,160,310$1,757,191$50,324,949
87$59,109,911$5,273,000$1,675,891$55,272,855
88$64,994,542$5,386,797$1,587,453$60,720,676
89$71,474,850$5,501,615$1,491,498$66,719,293
90$78,611,452$5,617,361$1,387,631$73,324,774
91$86,471,142$5,733,934$1,275,438$80,598,903
92$95,127,522$5,851,220$1,154,489$88,609,763
93$104,661,697$5,969,097$1,024,332$97,432,382
94$115,163,039$6,087,432$884,496$107,149,437
95$126,730,033$6,206,080$734,490$117,852,037
96$139,471,201$6,324,883$573,801$129,640,580
97$153,506,132$6,443,671$401,891$142,625,705
98$168,966,605$6,562,258$218,202$156,929,332
99$185,997,836$6,680,446$22,149$172,685,817
100$204,759,847$6,798,019$0$190,043,216