Can I retire at age 50 with 2,670,000?

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$220,486$218,522$216,606$214,736$212,910$204,543
2 years$109,152$107,119$105,149$103,238$101,385$93,059
3 years$72,045$70,003$68,038$66,146$64,323$56,298
4 years$53,495$51,460$49,514$47,654$45,876$38,214
5 years$42,368$40,345$38,425$36,603$34,874$27,595
6 years$34,953$32,945$31,053$29,272$27,595$20,703
7 years$29,658$27,667$25,805$24,066$22,442$15,935
8 years$25,689$23,716$21,885$20,188$18,618$12,489
9 years$22,603$20,649$18,850$17,196$15,679$9,919
10 years$20,136$18,201$16,433$14,823$13,359$7,958
11 years$18,119$16,203$14,468$12,901$11,489$6,434
12 years$16,439$14,543$12,840$11,316$9,956$5,233
13 years$15,019$13,143$11,471$9,990$8,682$4,277
14 years$13,803$11,946$10,307$8,868$7,611$3,509
15 years$12,750$10,913$9,306$7,909$6,701$2,887
16 years$11,829$10,013$8,437$7,081$5,922$2,382
17 years$11,018$9,221$7,678$6,362$5,251$1,969
18 years$10,297$8,521$7,009$5,734$4,669$1,631
19 years$9,653$7,897$6,416$5,181$4,162$1,352
20 years$9,074$7,338$5,888$4,692$3,717$1,123
21 years$8,552$6,835$5,416$4,259$3,327$933
22 years$8,077$6,381$4,992$3,872$2,982$776
23 years$7,644$5,968$4,609$3,526$2,677$645
24 years$7,248$5,591$4,263$3,216$2,406$537
25 years$6,884$5,247$3,948$2,937$2,165$448
26 years$6,548$4,931$3,662$2,686$1,950$373
27 years$6,238$4,641$3,400$2,458$1,758$311
28 years$5,951$4,373$3,161$2,252$1,586$259
29 years$5,684$4,126$2,941$2,065$1,432$216
30 years$5,435$3,896$2,740$1,896$1,294$180
31 years$5,203$3,683$2,554$1,741$1,170$150
32 years$4,985$3,485$2,383$1,600$1,059$125
33 years$4,782$3,300$2,225$1,471$958$105
34 years$4,590$3,128$2,079$1,354$867$87
35 years$4,410$2,967$1,944$1,246$786$73
36 years$4,241$2,816$1,818$1,148$712$61
37 years$4,080$2,675$1,702$1,057$645$51
38 years$3,929$2,542$1,594$975$585$42
39 years$3,786$2,417$1,493$899$530$35
40 years$3,650$2,300$1,400$829$481$29
41 years$3,522$2,189$1,312$765$436$25
42 years$3,399$2,085$1,231$706$396$21
43 years$3,283$1,986$1,155$652$359$17
44 years$3,172$1,893$1,084$602$326$14
45 years$3,067$1,806$1,018$556$296$12
46 years$2,966$1,722$956$513$269$10
47 years$2,870$1,644$898$474$244$8
48 years$2,779$1,569$844$438$222$7
49 years$2,691$1,498$794$405$201$6
50 years$2,607$1,431$746$374$183$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,670,000, adding $6,653 every year, while hoping to spend $32,138 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: 68/23/9 Blend
49$2,670,000$2,670,000$2,670,000$2,670,000
50$2,949,203$2,807,693$2,766,308$3,144,161
51$3,215,827$2,911,075$2,824,784$3,377,774
52$3,508,569$3,018,446$2,884,143$3,628,661
53$3,830,061$3,129,967$2,944,379$3,902,176
54$4,183,198$3,245,807$3,005,487$4,200,531
55$4,571,173$3,366,140$3,067,460$4,526,161
56$4,997,502$3,491,151$3,130,289$4,881,742
57$5,466,059$3,621,029$3,193,966$5,270,224
58$5,981,112$3,755,973$3,258,478$5,694,851
59$6,547,361$3,896,192$3,323,813$6,159,195
60$7,169,988$4,041,901$3,389,956$6,667,190
61$7,854,698$4,193,326$3,456,891$7,223,164
62$8,607,780$4,350,702$3,524,600$7,831,884
63$9,436,162$4,514,274$3,593,062$8,498,600
64$10,347,475$4,684,299$3,662,255$9,229,090
65$11,350,131$4,861,043$3,732,153$10,029,720
66$12,453,395$5,044,784$3,802,731$10,907,496
67$13,667,476$5,235,813$3,873,957$11,870,139
68$15,003,624$5,434,434$3,945,801$12,926,146
69$16,474,235$5,640,962$4,018,226$14,084,882
70$18,092,966$5,855,728$4,091,195$15,356,655
71$19,874,865$6,079,076$4,164,667$16,752,822
72$21,836,515$6,311,364$4,238,598$18,285,893
73$23,996,188$6,552,969$4,312,939$19,969,645
74$26,374,016$6,804,282$4,387,639$21,819,255
75$28,992,184$7,065,710$4,462,644$23,851,441
76$31,875,139$7,337,682$4,537,894$26,084,619
77$35,049,815$7,620,641$4,613,326$28,539,076
78$38,545,897$7,915,052$4,688,872$31,237,161
79$42,396,090$8,221,401$4,764,461$34,203,494
80$46,636,436$8,540,195$4,840,015$37,465,197
81$51,306,649$8,871,961$4,915,453$41,052,152
82$56,450,493$9,217,253$4,990,686$44,997,277
83$62,116,192$9,576,647$5,065,623$49,336,842
84$68,356,886$9,950,745$5,140,164$54,110,804
85$75,231,134$10,340,177$5,214,205$59,363,186
86$82,803,463$10,745,599$5,287,634$65,142,492
87$91,144,980$11,167,698$5,360,334$71,502,160
88$100,334,043$11,607,189$5,432,180$78,501,070
89$110,456,996$12,064,823$5,503,039$86,204,094
90$121,608,990$12,541,380$5,572,771$94,682,710
91$133,894,878$13,037,678$5,641,229$104,015,674
92$147,430,201$13,554,570$5,708,257$114,289,761
93$162,342,286$14,092,949$5,773,688$125,600,583
94$178,771,442$14,653,745$5,837,348$138,053,491
95$196,872,283$15,237,933$5,899,054$151,764,566
96$216,815,195$15,846,530$5,958,611$166,861,715
97$238,787,934$16,480,600$6,015,814$183,485,873
98$262,997,407$17,141,253$6,070,447$201,792,336
99$289,671,619$17,829,650$6,122,283$221,952,222
100$319,061,827$18,547,007$6,171,083$244,154,084