Can I retire at age 50 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$187,454$185,785$184,156$182,566$181,013$178,974
2 years$92,799$91,071$89,396$87,772$86,197$84,144
3 years$61,252$59,516$57,845$56,236$54,687$52,684
4 years$45,481$43,750$42,096$40,515$39,003$37,066
5 years$36,021$34,301$32,669$31,119$29,649$27,783
6 years$29,716$28,009$26,401$24,887$23,461$21,668
7 years$25,215$23,522$21,939$20,461$19,080$17,361
8 years$21,840$20,163$18,606$17,164$15,829$14,184
9 years$19,217$17,555$16,026$14,620$13,330$11,759
10 years$17,120$15,474$13,972$12,602$11,358$9,859
11 years$15,405$13,776$12,300$10,968$9,768$8,340
12 years$13,977$12,364$10,916$9,620$8,465$7,107
13 years$12,769$11,174$9,753$8,493$7,381$6,091
14 years$11,735$10,157$8,763$7,539$6,471$5,246
15 years$10,840$9,278$7,912$6,724$5,697$4,537
16 years$10,057$8,513$7,173$6,020$5,035$3,937
17 years$9,367$7,840$6,527$5,409$4,465$3,427
18 years$8,755$7,244$5,959$4,875$3,970$2,990
19 years$8,207$6,714$5,455$4,405$3,538$2,614
20 years$7,715$6,239$5,006$3,989$3,160$2,290
21 years$7,270$5,811$4,605$3,621$2,828$2,009
22 years$6,867$5,425$4,244$3,292$2,535$1,765
23 years$6,499$5,074$3,919$2,998$2,276$1,553
24 years$6,162$4,754$3,624$2,734$2,045$1,367
25 years$5,852$4,461$3,357$2,497$1,841$1,205
26 years$5,567$4,193$3,113$2,283$1,658$1,063
27 years$5,304$3,946$2,891$2,090$1,495$938
28 years$5,059$3,718$2,687$1,915$1,349$828
29 years$4,832$3,508$2,501$1,756$1,218$732
30 years$4,621$3,313$2,329$1,612$1,100$647
31 years$4,423$3,131$2,172$1,480$995$572
32 years$4,238$2,963$2,026$1,360$900$507
33 years$4,065$2,806$1,892$1,251$814$448
34 years$3,903$2,659$1,768$1,151$737$397
35 years$3,750$2,522$1,653$1,059$668$351
36 years$3,605$2,394$1,546$976$605$311
37 years$3,469$2,274$1,447$899$548$276
38 years$3,341$2,161$1,355$829$497$244
39 years$3,219$2,055$1,270$764$451$217
40 years$3,103$1,955$1,190$705$409$192
41 years$2,994$1,861$1,116$650$371$170
42 years$2,890$1,772$1,047$600$337$151
43 years$2,791$1,689$982$554$306$134
44 years$2,697$1,610$922$511$277$119
45 years$2,607$1,535$866$472$252$105
46 years$2,522$1,464$813$436$229$93
47 years$2,440$1,397$764$403$208$83
48 years$2,362$1,334$718$372$189$73
49 years$2,288$1,274$675$344$171$65
50 years$2,216$1,217$634$318$156$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,270,000, adding $4,279 every year, while hoping to spend $26,553 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: 53/38/9 Blend
49$2,270,000$2,270,000$2,270,000$2,270,000
50$2,505,954$2,385,644$2,350,459$2,632,887
51$2,733,309$2,474,288$2,400,947$2,808,180
52$2,982,964$2,566,386$2,452,237$2,995,544
53$3,257,167$2,662,079$2,504,326$3,198,754
54$3,558,390$2,761,514$2,557,214$3,419,315
55$3,889,363$2,864,844$2,610,897$3,658,879
56$4,253,086$2,972,230$2,665,371$3,919,265
57$4,652,871$3,083,839$2,720,631$4,202,471
58$5,092,361$3,199,845$2,776,669$4,510,696
59$5,575,574$3,320,429$2,833,480$4,846,356
60$6,106,934$3,445,782$2,891,053$5,212,112
61$6,691,316$3,576,100$2,949,378$5,610,887
62$7,334,091$3,711,590$3,008,443$6,045,902
63$8,041,178$3,852,467$3,068,236$6,520,696
64$8,819,097$3,998,957$3,128,740$7,039,166
65$9,675,031$4,151,292$3,189,939$7,605,600
66$10,616,897$4,309,718$3,251,815$8,224,717
67$11,653,416$4,474,490$3,314,346$8,901,712
68$12,794,198$4,645,874$3,377,510$9,642,300
69$14,049,832$4,824,147$3,441,283$10,452,775
70$15,431,986$5,009,601$3,505,637$11,340,065
71$16,953,515$5,202,538$3,570,542$12,311,796
72$18,628,585$5,403,274$3,635,967$13,376,366
73$20,472,806$5,612,139$3,701,876$14,543,019
74$22,503,376$5,829,478$3,768,233$15,821,935
75$24,739,248$6,055,650$3,834,997$17,224,323
76$27,201,306$6,291,032$3,902,124$18,762,525
77$29,912,561$6,536,014$3,969,567$20,450,136
78$32,898,371$6,791,008$4,037,276$22,302,122
79$36,186,678$7,056,440$4,105,198$24,334,971
80$39,808,271$7,332,758$4,173,274$26,566,837
81$43,797,079$7,620,427$4,241,443$29,017,717
82$48,190,489$7,919,936$4,309,639$31,709,636
83$53,029,699$8,231,793$4,377,792$34,666,853
84$58,360,108$8,556,530$4,445,828$37,916,088
85$64,231,741$8,894,703$4,513,666$41,486,775
86$70,699,727$9,246,892$4,581,222$45,411,333
87$77,824,813$9,613,703$4,648,406$49,725,477
88$85,673,939$9,995,769$4,715,123$54,468,548
89$94,320,872$10,393,754$4,781,271$59,683,886
90$103,846,900$10,808,347$4,846,743$65,419,232
91$114,341,601$11,240,272$4,911,425$71,727,183
92$125,903,683$11,690,285$4,975,197$78,665,682
93$138,641,924$12,159,175$5,037,932$86,298,563
94$152,676,192$12,647,766$5,099,494$94,696,154
95$168,138,578$13,156,921$5,159,742$103,935,934
96$185,174,644$13,687,541$5,218,524$114,103,266
97$203,944,796$14,240,568$5,275,683$125,292,197
98$224,625,797$14,816,988$5,331,049$137,606,345
99$247,412,436$15,417,829$5,384,448$151,159,873
100$272,519,370$16,044,167$5,435,692$166,078,565