Can I retire at age 50 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$177,545$175,964$174,421$172,915$171,444$165,295
2 years$87,894$86,257$84,670$83,132$81,640$75,512
3 years$58,014$56,370$54,787$53,263$51,796$45,881
4 years$43,077$41,438$39,871$38,373$36,941$31,284
5 years$34,117$32,488$30,942$29,474$28,082$22,698
6 years$28,145$26,529$25,005$23,571$22,220$17,114
7 years$23,882$22,279$20,780$19,379$18,071$13,241
8 years$20,686$19,097$17,623$16,257$14,992$10,433
9 years$18,201$16,627$15,178$13,847$12,625$8,332
10 years$16,215$14,656$13,233$11,936$10,757$6,723
11 years$14,590$13,048$11,650$10,388$9,252$5,467
12 years$13,238$11,711$10,339$9,112$8,017$4,474
13 years$12,094$10,583$9,237$8,044$6,991$3,679
14 years$11,115$9,620$8,300$7,141$6,128$3,037
15 years$10,267$8,788$7,494$6,368$5,396$2,516
16 years$9,525$8,063$6,794$5,702$4,769$2,089
17 years$8,872$7,425$6,182$5,123$4,229$1,738
18 years$8,292$6,861$5,644$4,617$3,760$1,449
19 years$7,773$6,359$5,166$4,172$3,351$1,210
20 years$7,307$5,909$4,742$3,779$2,993$1,011
21 years$6,886$5,504$4,361$3,429$2,679$846
22 years$6,504$5,138$4,020$3,118$2,401$709
23 years$6,155$4,805$3,711$2,840$2,155$594
24 years$5,836$4,502$3,432$2,590$1,937$498
25 years$5,543$4,225$3,179$2,365$1,743$418
26 years$5,273$3,971$2,948$2,163$1,570$351
27 years$5,023$3,737$2,738$1,980$1,416$294
28 years$4,792$3,522$2,545$1,814$1,277$247
29 years$4,577$3,322$2,369$1,663$1,153$208
30 years$4,376$3,137$2,206$1,526$1,042$174
31 years$4,189$2,966$2,057$1,402$942$147
32 years$4,014$2,806$1,919$1,288$852$123
33 years$3,850$2,658$1,792$1,185$771$104
34 years$3,696$2,519$1,674$1,090$698$87
35 years$3,551$2,389$1,565$1,003$633$73
36 years$3,415$2,268$1,464$924$573$62
37 years$3,286$2,154$1,370$852$519$52
38 years$3,164$2,047$1,283$785$471$43
39 years$3,049$1,946$1,202$724$427$37
40 years$2,939$1,852$1,127$667$387$31
41 years$2,836$1,763$1,057$616$351$26
42 years$2,737$1,679$991$568$319$22
43 years$2,644$1,599$930$525$289$18
44 years$2,555$1,525$873$484$263$15
45 years$2,470$1,454$820$447$238$13
46 years$2,389$1,387$770$413$217$11
47 years$2,311$1,324$723$382$197$9
48 years$2,237$1,264$680$353$179$8
49 years$2,167$1,207$639$326$162$6
50 years$2,099$1,153$601$301$147$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,150,000, adding $6,037 every year, while hoping to spend $24,417 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: 52/42/6 Blend
49$2,150,000$2,150,000$2,150,000$2,150,000
50$2,375,527$2,261,577$2,228,252$2,495,381
51$2,591,851$2,346,415$2,276,919$2,662,175
52$2,829,422$2,434,591$2,326,398$2,840,291
53$3,090,382$2,526,244$2,376,690$3,033,394
54$3,377,088$2,621,518$2,427,797$3,242,899
55$3,692,140$2,720,561$2,479,717$3,470,360
56$4,038,401$2,823,531$2,532,450$3,717,488
57$4,419,025$2,930,592$2,585,995$3,986,162
58$4,837,487$3,041,912$2,640,347$4,278,448
59$5,297,615$3,157,670$2,695,503$4,596,618
60$5,803,627$3,278,052$2,751,458$4,943,170
61$6,360,171$3,403,250$2,808,206$5,320,853
62$6,972,367$3,533,467$2,865,739$5,732,688
63$7,645,855$3,668,914$2,924,048$6,182,002
64$8,386,852$3,809,811$2,983,123$6,672,452
65$9,202,206$3,956,386$3,042,953$7,208,063
66$10,099,462$4,108,881$3,103,523$7,793,265
67$11,086,936$4,267,544$3,164,819$8,432,930
68$12,173,787$4,432,638$3,226,825$9,132,423
69$13,370,111$4,604,435$3,289,522$9,897,648
70$14,687,030$4,783,220$3,352,888$10,735,102
71$16,136,800$4,969,290$3,416,902$11,651,937
72$17,732,924$5,162,956$3,481,539$12,656,029
73$19,490,284$5,364,542$3,546,772$13,756,045
74$21,425,275$5,574,387$3,612,571$14,961,528
75$23,555,965$5,792,844$3,678,904$16,282,986
76$25,902,262$6,020,283$3,745,737$17,731,988
77$28,486,105$6,257,089$3,813,031$19,321,273
78$31,331,668$6,503,666$3,880,747$21,064,868
79$34,465,586$6,760,434$3,948,841$22,978,222
80$37,917,215$7,027,834$4,017,266$25,078,344
81$41,718,898$7,306,325$4,085,971$27,383,971
82$45,906,277$7,596,386$4,154,903$29,915,734
83$50,518,629$7,898,521$4,224,004$32,696,357
84$55,599,233$8,213,252$4,293,212$35,750,869
85$61,195,781$8,541,128$4,362,461$39,106,837
86$67,360,829$8,882,721$4,431,681$42,794,624
87$74,152,287$9,238,628$4,500,796$46,847,677
88$81,633,976$9,609,476$4,569,728$51,302,835
89$89,876,218$9,995,917$4,638,391$56,200,681
90$98,956,510$10,398,635$4,706,694$61,585,917
91$108,960,248$10,818,342$4,774,543$67,507,789
92$119,981,538$11,255,786$4,841,835$74,020,545
93$132,124,082$11,711,746$4,908,463$81,183,947
94$145,502,154$12,187,037$4,974,312$89,063,832
95$160,241,684$12,682,512$5,039,262$97,732,731
96$176,481,442$13,199,062$5,103,184$107,270,550
97$194,374,352$13,737,619$5,165,944$117,765,322
98$214,088,931$14,299,158$5,227,397$129,314,035
99$235,810,881$14,884,695$5,287,394$142,023,544
100$259,744,844$15,495,298$5,345,775$156,011,576