Can I retire at age 50 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$215,531$213,612$211,738$209,910$208,125$204,930
2 years$106,699$104,712$102,786$100,918$99,107$95,896
3 years$70,426$68,430$66,509$64,659$62,878$59,750
4 years$52,293$50,303$48,402$46,583$44,845$41,826
5 years$41,416$39,438$37,562$35,781$34,090$31,188
6 years$34,167$32,204$30,355$28,614$26,975$24,192
7 years$28,992$27,045$25,225$23,525$21,938$19,275
8 years$25,112$23,183$21,393$19,735$18,199$15,658
9 years$22,095$20,185$18,426$16,810$15,326$12,904
10 years$19,684$17,792$16,064$14,490$13,059$10,754
11 years$17,712$15,839$14,143$12,611$11,231$9,041
12 years$16,070$14,216$12,551$11,061$9,733$7,654
13 years$14,682$12,847$11,214$9,765$8,487$6,518
14 years$13,493$11,678$10,076$8,669$7,440$5,577
15 years$12,463$10,668$9,097$7,731$6,550$4,790
16 years$11,563$9,788$8,248$6,922$5,789$4,128
17 years$10,770$9,014$7,505$6,220$5,133$3,567
18 years$10,066$8,329$6,851$5,605$4,564$3,090
19 years$9,436$7,720$6,272$5,065$4,068$2,682
20 years$8,871$7,173$5,756$4,587$3,634$2,332
21 years$8,359$6,682$5,294$4,163$3,252$2,031
22 years$7,895$6,237$4,880$3,785$2,915$1,771
23 years$7,472$5,834$4,505$3,447$2,617$1,546
24 years$7,085$5,466$4,167$3,144$2,352$1,350
25 years$6,729$5,129$3,859$2,871$2,116$1,181
26 years$6,401$4,821$3,579$2,625$1,906$1,033
27 years$6,098$4,537$3,324$2,403$1,719$905
28 years$5,817$4,275$3,090$2,202$1,551$793
29 years$5,556$4,033$2,875$2,019$1,400$695
30 years$5,313$3,809$2,678$1,853$1,265$609
31 years$5,086$3,600$2,497$1,702$1,144$534
32 years$4,873$3,407$2,330$1,564$1,035$469
33 years$4,674$3,226$2,175$1,438$936$412
34 years$4,487$3,058$2,032$1,323$848$361
35 years$4,311$2,900$1,900$1,218$768$317
36 years$4,145$2,753$1,778$1,122$696$279
37 years$3,989$2,615$1,664$1,034$631$245
38 years$3,841$2,485$1,558$953$572$215
39 years$3,701$2,363$1,460$879$518$189
40 years$3,568$2,248$1,368$810$470$166
41 years$3,442$2,140$1,283$748$427$146
42 years$3,323$2,038$1,203$690$387$128
43 years$3,209$1,942$1,129$637$351$113
44 years$3,101$1,851$1,060$588$319$99
45 years$2,998$1,765$995$543$290$87
46 years$2,900$1,684$935$502$263$77
47 years$2,806$1,607$878$463$239$67
48 years$2,716$1,534$825$428$217$59
49 years$2,630$1,465$776$396$197$52
50 years$2,548$1,399$729$366$179$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,610,000, adding $5,858 every year, while hoping to spend $55,580 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: 48/31/21 Blend
49$2,610,000$2,610,000$2,610,000$2,610,000
50$2,882,263$2,743,933$2,703,478$3,003,220
51$3,117,117$2,819,249$2,734,907$3,163,402
52$3,374,063$2,896,392$2,765,527$3,331,181
53$3,655,296$2,975,394$2,795,251$3,512,221
54$3,963,234$3,056,286$2,823,989$3,707,790
55$4,300,536$3,139,096$2,851,646$3,919,287
56$4,670,135$3,223,856$2,878,119$4,148,248
57$5,075,257$3,310,593$2,903,305$4,396,369
58$5,519,458$3,399,337$2,927,090$4,665,514
59$6,006,652$3,490,115$2,949,358$4,957,738
60$6,541,154$3,582,953$2,969,984$5,275,305
61$7,127,712$3,677,878$2,988,839$5,620,706
62$7,771,558$3,774,914$3,005,785$5,996,689
63$8,478,457$3,874,085$3,020,679$6,406,279
64$9,254,757$3,975,412$3,033,369$6,852,808
65$10,107,452$4,078,917$3,043,696$7,339,948
66$11,044,245$4,184,617$3,051,493$7,871,744
67$12,073,626$4,292,531$3,056,586$8,452,654
68$13,204,943$4,402,673$3,058,789$9,087,589
69$14,448,499$4,515,055$3,057,911$9,781,960
70$15,815,643$4,629,689$3,053,747$10,541,730
71$17,318,876$4,746,582$3,046,086$11,373,469
72$18,971,976$4,865,739$3,034,704$12,284,417
73$20,790,119$4,987,162$3,019,368$13,282,554
74$22,790,028$5,110,849$2,999,833$14,376,670
75$24,990,125$5,236,795$2,975,842$15,576,453
76$27,410,711$5,364,992$2,947,126$16,892,581
77$30,074,152$5,495,425$2,913,403$18,336,820
78$33,005,092$5,628,077$2,874,378$19,922,134
79$36,230,683$5,762,925$2,829,743$21,662,813
80$39,780,847$5,899,942$2,779,172$23,574,604
81$43,688,547$6,039,093$2,722,329$25,674,861
82$47,990,110$6,180,340$2,658,858$27,982,709
83$52,725,560$6,323,635$2,588,389$30,519,223
84$57,939,001$6,468,927$2,510,533$33,307,632
85$63,679,028$6,616,154$2,424,885$36,373,535
86$69,999,192$6,765,248$2,331,021$39,745,141
87$76,958,496$6,916,132$2,228,498$43,453,542
88$84,621,960$7,068,720$2,116,850$47,533,002
89$93,061,229$7,222,916$1,995,593$52,021,281
90$102,355,250$7,378,615$1,864,221$56,959,997
91$112,591,017$7,535,698$1,722,204$62,395,012
92$123,864,392$7,694,038$1,568,989$68,376,872
93$136,281,007$7,853,493$1,403,997$74,961,282
94$149,957,264$8,013,909$1,226,625$82,209,632
95$165,021,430$8,175,116$1,036,243$90,189,580
96$181,614,850$8,336,931$832,191$98,975,689
97$199,893,278$8,499,153$613,782$108,650,132
98$220,028,347$8,661,566$380,299$119,303,472
99$242,209,191$8,823,936$130,991$131,035,513
100$266,644,226$8,986,006$0$143,956,248