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%11.4%
1 years$220,486$218,522$216,606$214,736$212,910$211,656
2 years$109,152$107,119$105,149$103,238$101,385$100,121
3 years$72,045$70,003$68,038$66,146$64,323$63,087
4 years$53,495$51,460$49,514$47,654$45,876$44,677
5 years$42,368$40,345$38,425$36,603$34,874$33,716
6 years$34,953$32,945$31,053$29,272$27,595$26,480
7 years$29,658$27,667$25,805$24,066$22,442$21,370
8 years$25,689$23,716$21,885$20,188$18,618$17,589
9 years$22,603$20,649$18,850$17,196$15,679$14,693
10 years$20,136$18,201$16,433$14,823$13,359$12,416
11 years$18,119$16,203$14,468$12,901$11,489$10,588
12 years$16,439$14,543$12,840$11,316$9,956$9,096
13 years$15,019$13,143$11,471$9,990$8,682$7,862
14 years$13,803$11,946$10,307$8,868$7,611$6,829
15 years$12,750$10,913$9,306$7,909$6,701$5,958
16 years$11,829$10,013$8,437$7,081$5,922$5,216
17 years$11,018$9,221$7,678$6,362$5,251$4,581
18 years$10,297$8,521$7,009$5,734$4,669$4,034
19 years$9,653$7,897$6,416$5,181$4,162$3,560
20 years$9,074$7,338$5,888$4,692$3,717$3,148
21 years$8,552$6,835$5,416$4,259$3,327$2,789
22 years$8,077$6,381$4,992$3,872$2,982$2,474
23 years$7,644$5,968$4,609$3,526$2,677$2,198
24 years$7,248$5,591$4,263$3,216$2,406$1,955
25 years$6,884$5,247$3,948$2,937$2,165$1,740
26 years$6,548$4,931$3,662$2,686$1,950$1,551
27 years$6,238$4,641$3,400$2,458$1,758$1,383
28 years$5,951$4,373$3,161$2,252$1,586$1,234
29 years$5,684$4,126$2,941$2,065$1,432$1,102
30 years$5,435$3,896$2,740$1,896$1,294$985
31 years$5,203$3,683$2,554$1,741$1,170$880
32 years$4,985$3,485$2,383$1,600$1,059$787
33 years$4,782$3,300$2,225$1,471$958$704
34 years$4,590$3,128$2,079$1,354$867$630
35 years$4,410$2,967$1,944$1,246$786$564
36 years$4,241$2,816$1,818$1,148$712$505
37 years$4,080$2,675$1,702$1,057$645$453
38 years$3,929$2,542$1,594$975$585$406
39 years$3,786$2,417$1,493$899$530$364
40 years$3,650$2,300$1,400$829$481$326
41 years$3,522$2,189$1,312$765$436$292
42 years$3,399$2,085$1,231$706$396$262
43 years$3,283$1,986$1,155$652$359$235
44 years$3,172$1,893$1,084$602$326$211
45 years$3,067$1,806$1,018$556$296$189
46 years$2,966$1,722$956$513$269$169
47 years$2,870$1,644$898$474$244$152
48 years$2,779$1,569$844$438$222$136
49 years$2,691$1,498$794$405$201$122
50 years$2,607$1,431$746$374$183$110

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 $4,189 every year, while hoping to spend $39,445 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: 53/39/8 Blend
49$2,670,000$2,670,000$2,670,000$2,670,000
50$2,946,661$2,805,151$2,763,766$3,096,823
51$3,205,251$2,900,634$2,814,383$3,294,614
52$3,488,896$2,999,474$2,865,374$3,505,032
53$3,800,108$3,101,793$2,916,709$3,733,006
54$4,141,658$3,207,720$2,968,357$3,980,204
55$4,516,594$3,317,386$3,020,284$4,248,459
56$4,928,278$3,430,928$3,072,455$4,539,785
57$5,380,409$3,548,491$3,124,829$4,856,400
58$5,877,066$3,670,222$3,177,366$5,200,743
59$6,422,739$3,796,275$3,230,020$5,575,496
60$7,022,376$3,926,810$3,282,743$5,983,612
61$7,681,428$4,061,994$3,335,485$6,428,336
62$8,405,901$4,201,999$3,388,191$6,913,244
63$9,202,411$4,347,005$3,440,804$7,442,268
64$10,078,247$4,497,198$3,493,260$8,019,736
65$11,041,439$4,652,772$3,545,496$8,650,414
66$12,100,836$4,813,928$3,597,440$9,339,546
67$13,266,187$4,980,876$3,649,020$10,092,905
68$14,548,232$5,153,832$3,700,156$10,916,847
69$15,958,805$5,333,024$3,750,765$11,818,370
70$17,510,947$5,518,686$3,800,759$12,805,179
71$19,219,024$5,711,062$3,850,045$13,885,757
72$21,098,867$5,910,406$3,898,524$15,069,446
73$23,167,917$6,116,982$3,946,091$16,366,533
74$25,445,396$6,331,066$3,992,635$17,788,348
75$27,952,479$6,552,941$4,038,042$19,347,365
76$30,712,502$6,782,905$4,082,186$21,057,326
77$33,751,177$7,021,267$4,124,939$22,933,363
78$37,096,835$7,268,347$4,166,163$24,992,144
79$40,780,697$7,524,480$4,205,713$27,252,028
80$44,837,161$7,790,013$4,243,438$29,733,237
81$49,304,136$8,065,308$4,279,177$32,458,046
82$54,223,389$8,350,740$4,312,762$35,450,989
83$59,640,949$8,646,700$4,344,013$38,739,095
84$65,607,533$8,953,596$4,372,745$42,352,139
85$72,179,030$9,271,851$4,398,761$46,322,918
86$79,417,025$9,601,905$4,421,853$50,687,567
87$87,389,381$9,944,218$4,441,804$55,485,891
88$96,170,879$10,299,266$4,458,386$60,761,744
89$105,843,925$10,667,546$4,471,359$66,563,440
90$116,499,326$11,049,577$4,480,470$72,944,205
91$128,237,147$11,445,895$4,485,455$79,962,682
92$141,167,654$11,857,062$4,486,036$87,683,482
93$155,412,358$12,283,662$4,481,921$96,177,787
94$171,105,158$12,726,301$4,472,805$105,524,027
95$188,393,607$13,185,613$4,458,367$115,808,614
96$207,440,304$13,662,256$4,438,271$127,126,758
97$228,424,425$14,156,917$4,412,163$139,583,362
98$251,543,421$14,670,311$4,379,676$153,294,008
99$277,014,876$15,203,181$4,340,420$168,386,054
100$305,078,560$15,756,305$4,293,992$184,999,823