Can I retire at age 50 with 2,630,000?

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$217,183$215,248$213,361$211,519$209,720$207,703
2 years$107,516$105,514$103,573$101,692$99,867$97,834
3 years$70,966$68,955$67,019$65,155$63,359$61,376
4 years$52,694$50,689$48,773$46,940$45,189$43,268
5 years$41,734$39,741$37,849$36,055$34,352$32,500
6 years$34,429$32,451$30,588$28,833$27,181$25,401
7 years$29,214$27,253$25,419$23,705$22,106$20,398
8 years$25,304$23,360$21,557$19,886$18,339$16,703
9 years$22,265$20,339$18,567$16,938$15,444$13,880
10 years$19,835$17,928$16,187$14,601$13,159$11,665
11 years$17,848$15,960$14,251$12,707$11,317$9,893
12 years$16,193$14,325$12,647$11,146$9,807$8,451
13 years$14,794$12,946$11,300$9,840$8,552$7,262
14 years$13,596$11,767$10,153$8,735$7,497$6,271
15 years$12,559$10,750$9,167$7,790$6,601$5,438
16 years$11,652$9,863$8,311$6,975$5,834$4,732
17 years$10,853$9,083$7,563$6,267$5,173$4,130
18 years$10,143$8,393$6,904$5,648$4,599$3,614
19 years$9,509$7,779$6,320$5,103$4,099$3,169
20 years$8,939$7,228$5,800$4,622$3,662$2,784
21 years$8,423$6,733$5,335$4,195$3,277$2,450
22 years$7,956$6,285$4,917$3,814$2,937$2,159
23 years$7,529$5,878$4,540$3,474$2,637$1,905
24 years$7,139$5,508$4,199$3,168$2,370$1,682
25 years$6,781$5,169$3,889$2,893$2,132$1,487
26 years$6,450$4,858$3,607$2,645$1,921$1,316
27 years$6,145$4,572$3,349$2,421$1,732$1,165
28 years$5,862$4,308$3,113$2,219$1,563$1,033
29 years$5,599$4,064$2,897$2,035$1,411$915
30 years$5,354$3,838$2,699$1,867$1,275$812
31 years$5,125$3,628$2,516$1,715$1,153$721
32 years$4,911$3,433$2,347$1,576$1,043$640
33 years$4,710$3,251$2,192$1,449$944$568
34 years$4,521$3,081$2,048$1,333$854$505
35 years$4,344$2,922$1,915$1,227$774$448
36 years$4,177$2,774$1,791$1,130$701$398
37 years$4,019$2,635$1,676$1,042$635$354
38 years$3,870$2,504$1,570$960$576$315
39 years$3,729$2,381$1,471$885$522$280
40 years$3,596$2,265$1,379$816$474$249
41 years$3,469$2,156$1,293$753$430$222
42 years$3,348$2,054$1,213$695$390$197
43 years$3,234$1,957$1,138$642$354$175
44 years$3,125$1,865$1,068$593$321$156
45 years$3,021$1,778$1,003$547$292$139
46 years$2,922$1,697$942$506$265$124
47 years$2,827$1,619$885$467$241$110
48 years$2,737$1,546$832$432$218$98
49 years$2,650$1,476$782$399$198$87
50 years$2,568$1,410$735$369$180$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,630,000, adding $2,358 every year, while hoping to spend $44,175 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: 58/33/9 Blend
49$2,630,000$2,630,000$2,630,000$2,630,000
50$2,900,692$2,761,302$2,720,537$3,062,747
51$3,149,561$2,849,604$2,764,673$3,260,359
52$3,422,334$2,940,752$2,808,808$3,470,479
53$3,721,402$3,034,840$2,852,893$3,698,422
54$4,049,400$3,131,962$2,896,880$3,945,901
55$4,409,229$3,232,218$2,940,716$4,214,799
56$4,804,085$3,335,711$2,984,344$4,507,191
57$5,237,487$3,442,546$3,027,704$4,825,355
58$5,713,312$3,552,832$3,070,734$5,171,804
59$6,235,832$3,666,683$3,113,366$5,549,299
60$6,809,752$3,784,216$3,155,529$5,960,882
61$7,440,254$3,905,550$3,197,146$6,409,901
62$8,133,048$4,030,810$3,238,139$6,900,040
63$8,894,425$4,160,126$3,278,423$7,435,357
64$9,731,315$4,293,630$3,317,908$8,020,319
65$10,651,351$4,431,460$3,356,500$8,659,845
66$11,662,945$4,573,758$3,394,099$9,359,352
67$12,775,365$4,720,672$3,430,601$10,124,803
68$13,998,819$4,872,352$3,465,893$10,962,766
69$15,344,558$5,028,956$3,499,859$11,880,476
70$16,824,974$5,190,646$3,532,376$12,885,898
71$18,453,723$5,357,590$3,563,313$13,987,807
72$20,245,853$5,529,961$3,592,533$15,195,868
73$22,217,939$5,707,939$3,619,893$16,520,725
74$24,388,249$5,891,708$3,645,239$17,974,103
75$26,776,910$6,081,461$3,668,414$19,568,918
76$29,406,097$6,277,395$3,689,248$21,319,398
77$32,300,246$6,479,714$3,707,565$23,241,215
78$35,486,283$6,688,632$3,723,180$25,351,635
79$38,993,874$6,904,366$3,735,898$27,669,679
80$42,855,712$7,127,142$3,745,513$30,216,300
81$47,107,818$7,357,195$3,751,811$33,014,585
82$51,789,884$7,594,767$3,754,565$36,089,965
83$56,945,649$7,840,107$3,753,540$39,470,461
84$62,623,308$8,093,475$3,748,486$43,186,944
85$68,875,967$8,355,137$3,739,142$47,273,428
86$75,762,148$8,625,371$3,725,236$51,767,386
87$83,346,336$8,904,463$3,706,480$56,710,107
88$91,699,589$9,192,709$3,682,574$62,147,085
89$100,900,210$9,490,414$3,653,203$68,128,443
90$111,034,482$9,797,895$3,618,036$74,709,412
91$122,197,488$10,115,481$3,576,729$81,950,844
92$134,494,001$10,443,508$3,528,918$89,919,790
93$148,039,478$10,782,329$3,474,226$98,690,134
94$162,961,147$11,132,306$3,412,255$108,343,281
95$179,399,208$11,493,813$3,342,590$118,968,935
96$197,508,156$11,867,238$3,264,795$130,665,937
97$217,458,239$12,252,984$3,178,417$143,543,200
98$239,437,064$12,651,465$3,082,978$157,720,734
99$263,651,369$13,063,111$2,977,983$173,330,781
100$290,328,972$13,488,367$2,862,909$190,519,059