Can I retire at age 50 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$212,228$210,338$208,493$206,693$204,935$197,507
2 years$105,063$103,107$101,210$99,372$97,588$90,186
3 years$69,347$67,381$65,490$63,668$61,914$54,770
4 years$51,492$49,532$47,660$45,870$44,158$37,327
5 years$40,781$38,834$36,986$35,232$33,568$27,068
6 years$33,644$31,711$29,890$28,175$26,561$20,397
7 years$28,547$26,631$24,839$23,165$21,601$15,772
8 years$24,727$22,828$21,065$19,432$17,920$12,420
9 years$21,757$19,875$18,144$16,552$15,092$9,913
10 years$19,382$17,519$15,818$14,268$12,859$7,993
11 years$17,440$15,596$13,926$12,417$11,059$6,496
12 years$15,824$13,998$12,359$10,892$9,583$5,312
13 years$14,457$12,650$11,042$9,616$8,357$4,365
14 years$13,286$11,499$9,921$8,536$7,326$3,601
15 years$12,272$10,505$8,957$7,612$6,450$2,981
16 years$11,386$9,638$8,121$6,816$5,701$2,473
17 years$10,605$8,876$7,390$6,124$5,055$2,057
18 years$9,912$8,202$6,746$5,519$4,494$1,713
19 years$9,292$7,601$6,176$4,987$4,006$1,429
20 years$8,735$7,064$5,668$4,517$3,578$1,194
21 years$8,231$6,579$5,213$4,099$3,202$998
22 years$7,774$6,142$4,805$3,727$2,870$835
23 years$7,358$5,744$4,436$3,394$2,576$699
24 years$6,976$5,382$4,103$3,096$2,316$586
25 years$6,626$5,051$3,800$2,827$2,084$491
26 years$6,303$4,747$3,524$2,585$1,877$412
27 years$6,005$4,467$3,273$2,366$1,692$346
28 years$5,728$4,209$3,042$2,168$1,527$290
29 years$5,471$3,971$2,831$1,988$1,379$243
30 years$5,231$3,750$2,637$1,825$1,246$204
31 years$5,008$3,545$2,459$1,676$1,126$172
32 years$4,799$3,355$2,294$1,540$1,019$144
33 years$4,602$3,177$2,142$1,416$922$121
34 years$4,418$3,011$2,001$1,303$835$102
35 years$4,245$2,856$1,871$1,199$756$85
36 years$4,082$2,711$1,750$1,105$685$72
37 years$3,928$2,574$1,638$1,018$621$60
38 years$3,782$2,447$1,534$938$563$51
39 years$3,644$2,327$1,437$865$510$43
40 years$3,514$2,213$1,347$798$463$36
41 years$3,390$2,107$1,263$736$420$30
42 years$3,272$2,007$1,185$679$381$25
43 years$3,160$1,912$1,112$627$346$21
44 years$3,054$1,822$1,044$579$314$18
45 years$2,952$1,738$980$535$285$15
46 years$2,855$1,658$920$494$259$13
47 years$2,763$1,582$865$456$235$11
48 years$2,674$1,510$813$422$213$9
49 years$2,590$1,442$764$390$194$7
50 years$2,509$1,378$718$360$176$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,570,000, adding $5,385 every year, while hoping to spend $37,292 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: 53/29/18 Blend
49$2,570,000$2,570,000$2,570,000$2,570,000
50$2,837,695$2,701,485$2,661,650$2,973,937
51$3,087,461$2,794,179$2,711,136$3,160,581
52$3,361,454$2,890,165$2,761,031$3,359,184
53$3,662,105$2,989,566$2,811,308$3,574,469
54$3,992,092$3,092,507$2,861,940$3,808,035
55$4,354,366$3,199,121$2,912,896$4,061,639
56$4,752,178$3,309,544$2,964,144$4,337,215
57$5,189,106$3,423,918$3,015,649$4,636,892
58$5,669,096$3,542,391$3,067,374$4,963,009
59$6,196,492$3,665,116$3,119,279$5,318,146
60$6,776,080$3,792,253$3,171,321$5,705,137
61$7,413,134$3,923,967$3,223,454$6,127,104
62$8,113,463$4,060,431$3,275,629$6,587,485
63$8,883,468$4,201,824$3,327,795$7,090,062
64$9,730,200$4,348,331$3,379,894$7,639,000
65$10,661,428$4,500,147$3,431,868$8,238,885
66$11,685,711$4,657,473$3,483,653$8,894,765
67$12,812,482$4,820,517$3,535,184$9,612,200
68$14,052,130$4,989,497$3,586,387$10,397,312
69$15,416,104$5,164,640$3,637,189$11,256,843
70$16,917,020$5,346,180$3,687,508$12,198,218
71$18,568,776$5,534,363$3,737,259$13,229,612
72$20,386,687$5,729,442$3,786,353$14,360,032
73$22,387,628$5,931,684$3,834,695$15,599,396
74$24,590,192$6,141,362$3,882,183$16,958,630
75$27,014,866$6,358,764$3,928,711$18,449,766
76$29,684,227$6,584,188$3,974,167$20,086,061
77$32,623,148$6,817,943$4,018,432$21,882,114
78$35,859,040$7,060,353$4,061,380$23,854,011
79$39,422,106$7,311,753$4,102,879$26,019,468
80$43,345,625$7,572,494$4,142,791$28,398,004
81$47,666,271$7,842,939$4,180,966$31,011,123
82$52,424,454$8,123,466$4,217,252$33,882,512
83$57,664,702$8,414,470$4,251,484$37,038,269
84$63,436,084$8,716,361$4,283,491$40,507,146
85$69,792,669$9,029,567$4,313,092$44,320,818
86$76,794,038$9,354,532$4,340,097$48,514,185
87$84,505,845$9,691,720$4,364,306$53,125,698
88$93,000,440$10,041,613$4,385,509$58,197,720
89$102,357,545$10,404,712$4,403,484$63,776,926
90$112,665,014$10,781,542$4,418,000$69,914,744
91$124,019,655$11,172,648$4,428,813$76,667,836
92$136,528,149$11,578,596$4,435,666$84,098,636
93$150,308,050$11,999,977$4,438,291$92,275,934
94$165,488,904$12,437,409$4,436,407$101,275,525
95$182,213,462$12,891,532$4,429,716$111,180,927
96$200,639,032$13,363,014$4,417,909$122,084,162
97$220,938,965$13,852,553$4,400,660$134,086,629
98$243,304,285$14,360,873$4,377,628$147,300,057
99$267,945,498$14,888,733$4,348,454$161,847,556
100$295,094,577$15,436,918$4,312,766$177,864,782