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%14.2%
1 years$220,486$218,522$216,606$214,736$212,910$209,210
2 years$109,152$107,119$105,149$103,238$101,385$97,671
3 years$72,045$70,003$68,038$66,146$64,323$60,708
4 years$53,495$51,460$49,514$47,654$45,876$42,389
5 years$42,368$40,345$38,425$36,603$34,874$31,525
6 years$34,953$32,945$31,053$29,272$27,595$24,387
7 years$29,658$27,667$25,805$24,066$22,442$19,377
8 years$25,689$23,716$21,885$20,188$18,618$15,695
9 years$22,603$20,649$18,850$17,196$15,679$12,896
10 years$20,136$18,201$16,433$14,823$13,359$10,714
11 years$18,119$16,203$14,468$12,901$11,489$8,979
12 years$16,439$14,543$12,840$11,316$9,956$7,578
13 years$15,019$13,143$11,471$9,990$8,682$6,432
14 years$13,803$11,946$10,307$8,868$7,611$5,484
15 years$12,750$10,913$9,306$7,909$6,701$4,695
16 years$11,829$10,013$8,437$7,081$5,922$4,032
17 years$11,018$9,221$7,678$6,362$5,251$3,472
18 years$10,297$8,521$7,009$5,734$4,669$2,997
19 years$9,653$7,897$6,416$5,181$4,162$2,591
20 years$9,074$7,338$5,888$4,692$3,717$2,245
21 years$8,552$6,835$5,416$4,259$3,327$1,947
22 years$8,077$6,381$4,992$3,872$2,982$1,691
23 years$7,644$5,968$4,609$3,526$2,677$1,471
24 years$7,248$5,591$4,263$3,216$2,406$1,280
25 years$6,884$5,247$3,948$2,937$2,165$1,115
26 years$6,548$4,931$3,662$2,686$1,950$972
27 years$6,238$4,641$3,400$2,458$1,758$847
28 years$5,951$4,373$3,161$2,252$1,586$739
29 years$5,684$4,126$2,941$2,065$1,432$645
30 years$5,435$3,896$2,740$1,896$1,294$564
31 years$5,203$3,683$2,554$1,741$1,170$492
32 years$4,985$3,485$2,383$1,600$1,059$430
33 years$4,782$3,300$2,225$1,471$958$376
34 years$4,590$3,128$2,079$1,354$867$329
35 years$4,410$2,967$1,944$1,246$786$288
36 years$4,241$2,816$1,818$1,148$712$252
37 years$4,080$2,675$1,702$1,057$645$220
38 years$3,929$2,542$1,594$975$585$192
39 years$3,786$2,417$1,493$899$530$168
40 years$3,650$2,300$1,400$829$481$147
41 years$3,522$2,189$1,312$765$436$129
42 years$3,399$2,085$1,231$706$396$113
43 years$3,283$1,986$1,155$652$359$99
44 years$3,172$1,893$1,084$602$326$86
45 years$3,067$1,806$1,018$556$296$76
46 years$2,966$1,722$956$513$269$66
47 years$2,870$1,644$898$474$244$58
48 years$2,779$1,569$844$438$222$51
49 years$2,691$1,498$794$405$201$44
50 years$2,607$1,431$746$374$183$39

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 $6,185 every year, while hoping to spend $27,240 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: 61/9/30 Blend
49$2,670,000$2,670,000$2,670,000$2,670,000
50$2,948,720$2,807,210$2,765,825$3,104,272
51$3,220,506$2,915,780$2,829,497$3,319,675
52$3,519,102$3,028,757$2,894,389$3,551,253
53$3,847,212$3,146,328$2,960,513$3,803,489
54$4,207,819$3,268,689$3,027,881$4,078,410
55$4,604,205$3,396,044$3,096,504$4,378,246
56$5,039,989$3,528,605$3,166,392$4,705,452
57$5,519,157$3,666,596$3,237,555$5,062,732
58$6,046,100$3,810,248$3,310,003$5,453,063
59$6,625,658$3,959,806$3,383,743$5,879,723
60$7,263,160$4,115,521$3,458,783$6,346,321
61$7,964,480$4,277,660$3,535,130$6,856,834
62$8,736,090$4,446,498$3,612,790$7,415,640
63$9,585,120$4,622,326$3,691,768$8,027,561
64$10,519,427$4,805,444$3,772,067$8,697,906
65$11,547,667$4,996,169$3,853,689$9,432,528
66$12,679,377$5,194,830$3,936,636$10,237,868
67$13,925,069$5,401,771$4,020,908$11,121,024
68$15,296,321$5,617,354$4,106,504$12,089,814
69$16,805,894$5,841,952$4,193,421$13,152,851
70$18,467,849$6,075,961$4,281,653$14,319,622
71$20,297,677$6,319,791$4,371,196$15,600,577
72$22,312,449$6,573,870$4,462,041$17,007,232
73$24,530,978$6,838,648$4,554,178$18,552,270
74$26,973,990$7,114,594$4,647,595$20,249,666
75$29,664,326$7,402,198$4,742,278$22,114,816
76$32,627,154$7,701,973$4,838,212$24,164,682
77$35,890,209$8,014,455$4,935,377$26,417,952
78$39,484,050$8,340,203$5,033,752$28,895,216
79$43,442,354$8,679,804$5,133,314$31,619,160
80$47,802,229$9,033,870$5,234,035$34,614,778
81$52,604,568$9,403,040$5,335,886$37,909,610
82$57,894,430$9,787,985$5,438,834$41,534,001
83$63,721,470$10,189,405$5,542,844$45,521,383
84$70,140,405$10,608,031$5,647,874$49,908,595
85$77,211,531$11,044,629$5,753,882$54,736,229
86$85,001,291$11,500,000$5,860,821$60,049,011
87$93,582,903$11,974,981$5,968,640$65,896,222
88$103,037,052$12,470,447$6,077,281$72,332,164
89$113,452,647$12,987,315$6,186,686$79,416,675
90$124,927,667$13,526,543$6,296,790$87,215,686
91$137,570,078$14,089,133$6,407,521$95,801,849
92$151,498,858$14,676,133$6,518,806$105,255,218
93$166,845,118$15,288,639$6,630,562$115,664,008
94$183,753,338$15,927,801$6,742,704$127,125,421
95$202,382,732$16,594,816$6,855,138$139,746,571
96$222,908,750$17,290,942$6,967,765$153,645,486
97$245,524,736$18,017,492$7,080,478$168,952,228
98$270,443,751$18,775,840$7,193,166$185,810,114
99$297,900,583$19,567,425$7,305,706$204,377,073
100$328,153,966$20,393,753$7,417,971$224,827,133