Can I retire at age 50 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$210,577$208,701$206,871$205,085$203,341$202,314
2 years$104,246$102,304$100,423$98,598$96,829$95,792
3 years$68,807$66,857$64,980$63,173$61,432$60,418
4 years$51,091$49,147$47,289$45,513$43,814$42,831
5 years$40,464$38,532$36,698$34,958$33,307$32,357
6 years$33,382$31,464$29,658$27,956$26,354$25,439
7 years$28,325$26,424$24,646$22,984$21,433$20,553
8 years$24,534$22,650$20,901$19,281$17,781$16,935
9 years$21,587$19,721$18,002$16,423$14,974$14,164
10 years$19,231$17,383$15,695$14,157$12,759$11,983
11 years$17,305$15,475$13,818$12,321$10,973$10,231
12 years$15,701$13,889$12,263$10,807$9,509$8,800
13 years$14,344$12,552$10,956$9,541$8,292$7,616
14 years$13,183$11,409$9,844$8,469$7,269$6,625
15 years$12,177$10,423$8,888$7,553$6,400$5,787
16 years$11,297$9,563$8,058$6,763$5,656$5,074
17 years$10,522$8,807$7,332$6,077$5,015$4,462
18 years$9,834$8,138$6,694$5,476$4,459$3,935
19 years$9,219$7,542$6,128$4,948$3,975$3,477
20 years$8,667$7,009$5,624$4,482$3,550$3,080
21 years$8,167$6,528$5,173$4,067$3,177$2,732
22 years$7,714$6,094$4,767$3,698$2,848$2,427
23 years$7,300$5,699$4,402$3,368$2,556$2,160
24 years$6,922$5,340$4,071$3,072$2,298$1,924
25 years$6,574$5,011$3,771$2,805$2,068$1,715
26 years$6,254$4,710$3,497$2,565$1,862$1,531
27 years$5,958$4,433$3,247$2,348$1,679$1,367
28 years$5,683$4,177$3,019$2,151$1,515$1,222
29 years$5,428$3,940$2,809$1,973$1,368$1,093
30 years$5,191$3,721$2,617$1,810$1,236$978
31 years$4,969$3,518$2,439$1,663$1,118$876
32 years$4,761$3,328$2,276$1,528$1,011$785
33 years$4,567$3,152$2,125$1,405$915$703
34 years$4,384$2,988$1,986$1,293$828$630
35 years$4,212$2,834$1,856$1,190$750$565
36 years$4,050$2,690$1,737$1,096$680$507
37 years$3,897$2,554$1,625$1,010$616$455
38 years$3,753$2,428$1,522$931$559$408
39 years$3,616$2,308$1,426$858$507$367
40 years$3,486$2,196$1,337$792$459$329
41 years$3,363$2,091$1,253$730$417$296
42 years$3,247$1,991$1,176$674$378$265
43 years$3,135$1,897$1,103$622$343$238
44 years$3,030$1,808$1,036$575$312$214
45 years$2,929$1,724$972$531$283$192
46 years$2,833$1,645$913$490$257$173
47 years$2,741$1,570$858$453$233$155
48 years$2,654$1,499$806$418$212$140
49 years$2,570$1,431$758$387$192$125
50 years$2,490$1,367$713$357$175$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,550,000, adding $6,634 every year, while hoping to spend $33,645 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: 69/25/6 Blend
49$2,550,000$2,550,000$2,550,000$2,550,000
50$2,816,943$2,681,793$2,642,268$3,008,515
51$3,068,473$2,777,403$2,694,986$3,231,726
52$3,344,532$2,876,570$2,748,342$3,471,046
53$3,647,585$2,979,433$2,802,323$3,731,903
54$3,980,350$3,086,137$2,856,912$4,016,401
55$4,345,820$3,196,831$2,912,093$4,326,852
56$4,747,291$3,311,673$2,967,845$4,665,805
57$5,188,395$3,430,825$3,024,148$5,036,063
58$5,673,133$3,554,458$3,080,979$5,440,710
59$6,205,914$3,682,748$3,138,313$5,883,143
60$6,791,593$3,815,878$3,196,123$6,367,103
61$7,435,521$3,954,041$3,254,378$6,896,704
62$8,143,591$4,097,437$3,313,047$7,476,481
63$8,922,299$4,246,273$3,372,096$8,111,423
64$9,778,799$4,400,766$3,431,486$8,807,025
65$10,720,974$4,561,141$3,491,179$9,569,339
66$11,757,511$4,727,634$3,551,130$10,405,028
67$12,897,978$4,900,489$3,611,295$11,321,431
68$14,152,921$5,079,963$3,671,622$12,326,629
69$15,533,958$5,266,320$3,732,060$13,429,523
70$17,053,890$5,459,837$3,792,553$14,639,917
71$18,726,822$5,660,805$3,853,038$15,968,608
72$20,568,296$5,869,523$3,913,454$17,427,488
73$22,595,438$6,086,305$3,973,730$19,029,658
74$24,827,118$6,311,479$4,033,795$20,789,548
75$27,284,127$6,545,385$4,093,571$22,723,052
76$29,989,378$6,788,378$4,152,975$24,847,680
77$32,968,116$7,040,830$4,211,921$27,182,721
78$36,248,159$7,303,127$4,270,316$29,749,423
79$39,860,162$7,575,670$4,328,062$32,571,193
80$43,837,902$7,858,881$4,385,055$35,673,821
81$48,218,599$8,153,198$4,441,186$39,085,715
82$53,043,268$8,459,077$4,496,338$42,838,176
83$58,357,104$8,776,994$4,550,388$46,965,686
84$64,209,910$9,107,448$4,603,207$51,506,236
85$70,656,563$9,450,955$4,654,657$56,501,683
86$77,757,538$9,808,058$4,704,593$61,998,143
87$85,579,474$10,179,320$4,752,864$68,046,426
88$94,195,804$10,565,329$4,799,308$74,702,513
89$103,687,446$10,966,701$4,843,756$82,028,085
90$114,143,572$11,384,076$4,886,028$90,091,102
91$125,662,442$11,818,122$4,925,936$98,966,444
92$138,352,339$12,269,537$4,963,282$108,736,617
93$152,332,583$12,739,050$4,997,858$119,492,529
94$167,734,664$13,227,421$5,029,443$131,334,349
95$184,703,478$13,735,443$5,057,808$144,372,445
96$203,398,698$14,263,944$5,082,709$158,728,433
97$223,996,276$14,813,789$5,103,892$174,536,316
98$246,690,112$15,385,880$5,121,087$191,943,749
99$271,693,875$15,981,159$5,134,015$211,113,434
100$299,243,024$16,600,610$5,142,379$232,224,649