Can I retire at age 50 with 2,110,000?

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 $2,110,000?

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$174,242$172,690$171,176$169,698$168,254$165,060
2 years$86,258$84,652$83,095$81,585$80,121$76,915
3 years$56,934$55,321$53,768$52,273$50,832$47,715
4 years$42,275$40,667$39,129$37,659$36,254$33,249
5 years$33,482$31,883$30,366$28,926$27,560$24,676
6 years$27,622$26,035$24,540$23,132$21,807$19,047
7 years$23,438$21,864$20,393$19,018$17,735$15,100
8 years$20,301$18,742$17,295$15,954$14,713$12,202
9 years$17,862$16,318$14,896$13,589$12,390$10,002
10 years$15,913$14,383$12,987$11,714$10,557$8,290
11 years$14,319$12,805$11,433$10,195$9,080$6,930
12 years$12,991$11,493$10,147$8,942$7,868$5,833
13 years$11,869$10,386$9,065$7,895$6,861$4,938
14 years$10,908$9,441$8,145$7,008$6,014$4,199
15 years$10,076$8,624$7,354$6,250$5,296$3,585
16 years$9,348$7,913$6,668$5,596$4,680$3,070
17 years$8,707$7,287$6,067$5,028$4,150$2,636
18 years$8,137$6,734$5,539$4,531$3,690$2,269
19 years$7,629$6,241$5,070$4,094$3,289$1,956
20 years$7,171$5,799$4,653$3,708$2,938$1,689
21 years$6,758$5,402$4,280$3,365$2,629$1,461
22 years$6,383$5,042$3,945$3,060$2,356$1,265
23 years$6,041$4,716$3,642$2,787$2,115$1,097
24 years$5,728$4,419$3,369$2,542$1,901$951
25 years$5,440$4,147$3,120$2,321$1,711$826
26 years$5,175$3,897$2,894$2,122$1,541$718
27 years$4,930$3,668$2,687$1,943$1,389$624
28 years$4,703$3,456$2,498$1,780$1,254$543
29 years$4,492$3,260$2,324$1,632$1,132$472
30 years$4,295$3,079$2,165$1,498$1,023$411
31 years$4,111$2,911$2,019$1,376$925$358
32 years$3,940$2,754$1,883$1,264$837$312
33 years$3,779$2,608$1,758$1,163$757$271
34 years$3,627$2,472$1,643$1,070$685$237
35 years$3,485$2,345$1,536$985$621$206
36 years$3,351$2,225$1,437$907$562$180
37 years$3,225$2,114$1,345$836$510$157
38 years$3,105$2,009$1,260$770$462$137
39 years$2,992$1,910$1,180$710$419$119
40 years$2,885$1,817$1,106$655$380$104
41 years$2,783$1,730$1,037$604$345$91
42 years$2,686$1,647$973$558$313$79
43 years$2,594$1,570$913$515$284$69
44 years$2,507$1,496$857$475$258$60
45 years$2,424$1,427$805$439$234$52
46 years$2,344$1,361$756$406$212$46
47 years$2,268$1,299$710$375$193$40
48 years$2,196$1,240$667$346$175$35
49 years$2,126$1,184$627$320$159$30
50 years$2,060$1,131$590$296$145$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,110,000, adding $5,338 every year, while hoping to spend $43,801 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: 54/26/20 Blend
49$2,110,000$2,110,000$2,110,000$2,110,000
50$2,330,726$2,218,896$2,186,191$2,443,626
51$2,521,856$2,281,018$2,212,825$2,583,695
52$2,731,014$2,344,716$2,238,882$2,731,029
53$2,959,991$2,410,021$2,264,299$2,890,466
54$3,210,762$2,476,964$2,289,004$3,063,176
55$3,485,500$2,545,576$2,312,927$3,250,445
56$3,786,600$2,615,888$2,335,989$3,453,691
57$4,116,697$2,687,931$2,358,109$3,674,475
58$4,478,697$2,761,735$2,379,201$3,914,515
59$4,875,796$2,837,333$2,399,177$4,175,704
60$5,311,518$2,914,753$2,417,940$4,460,127
61$5,789,743$2,994,026$2,435,391$4,770,082
62$6,314,745$3,075,181$2,451,425$5,108,098
63$6,891,233$3,158,249$2,465,931$5,476,962
64$7,524,392$3,243,256$2,478,793$5,879,745
65$8,219,936$3,330,232$2,489,890$6,319,829
66$8,984,160$3,419,204$2,499,091$6,800,940
67$9,823,997$3,510,197$2,506,263$7,327,184
68$10,747,086$3,603,239$2,511,265$7,903,086
69$11,761,843$3,698,351$2,513,946$8,533,628
70$12,877,540$3,795,559$2,514,152$9,224,303
71$14,104,391$3,894,884$2,511,718$9,981,162
72$15,453,651$3,996,346$2,506,473$10,810,872
73$16,937,721$4,099,964$2,498,237$11,720,780
74$18,570,261$4,205,754$2,486,821$12,718,982
75$20,366,324$4,313,733$2,472,026$13,814,398
76$22,342,495$4,423,912$2,453,645$15,016,859
77$24,517,049$4,536,303$2,431,461$16,337,198
78$26,910,118$4,650,912$2,405,245$17,787,351
79$29,543,890$4,767,746$2,374,760$19,380,472
80$32,442,807$4,886,806$2,339,756$21,131,058
81$35,633,805$5,008,092$2,299,969$23,055,082
82$39,146,563$5,131,598$2,255,128$25,170,147
83$43,013,783$5,257,317$2,204,945$27,495,654
84$47,271,499$5,385,235$2,149,121$30,052,980
85$51,959,416$5,515,337$2,087,341$32,865,685
86$57,121,287$5,647,599$2,019,277$35,959,729
87$62,805,323$5,781,995$1,944,587$39,363,726
88$69,064,646$5,918,493$1,862,911$43,109,204
89$75,957,796$6,057,055$1,773,874$47,230,912
90$83,549,276$6,197,636$1,677,084$51,767,141
91$91,910,166$6,340,184$1,572,131$56,760,091
92$101,118,792$6,484,642$1,458,586$62,256,267
93$111,261,461$6,630,942$1,336,001$68,306,921
94$122,433,283$6,779,010$1,203,910$74,968,532
95$134,739,059$6,928,763$1,061,822$82,303,343
96$148,294,278$7,080,108$909,229$90,379,947
97$163,226,203$7,232,942$745,596$99,273,940
98$179,675,070$7,387,150$570,368$109,068,626
99$197,795,415$7,542,608$382,963$119,855,814
100$217,757,530$7,699,179$182,775$131,736,679