Can I retire at age 50 with 2,700,000?

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$222,963$220,977$219,040$217,149$215,302$211,301
2 years$110,378$108,322$106,330$104,398$102,525$98,508
3 years$72,854$70,790$68,803$66,889$65,046$61,140
4 years$54,096$52,038$50,071$48,190$46,391$42,625
5 years$42,844$40,798$38,857$37,014$35,266$31,651
6 years$35,345$33,315$31,402$29,601$27,905$24,445
7 years$29,991$27,978$26,095$24,336$22,694$19,390
8 years$25,977$23,982$22,131$20,415$18,827$15,678
9 years$22,857$20,881$19,061$17,389$15,855$12,859
10 years$20,362$18,405$16,618$14,990$13,509$10,664
11 years$18,323$16,385$14,630$13,045$11,618$8,920
12 years$16,624$14,707$12,984$11,443$10,068$7,514
13 years$15,188$13,290$11,600$10,102$8,780$6,365
14 years$13,958$12,081$10,423$8,968$7,696$5,416
15 years$12,893$11,036$9,411$7,997$6,776$4,627
16 years$11,962$10,125$8,532$7,161$5,989$3,965
17 years$11,141$9,325$7,764$6,434$5,310$3,407
18 years$10,413$8,617$7,087$5,798$4,722$2,934
19 years$9,762$7,986$6,488$5,239$4,208$2,532
20 years$9,176$7,421$5,954$4,745$3,759$2,188
21 years$8,648$6,912$5,477$4,307$3,364$1,894
22 years$8,167$6,452$5,048$3,916$3,015$1,641
23 years$7,730$6,035$4,661$3,566$2,707$1,424
24 years$7,329$5,654$4,310$3,252$2,433$1,236
25 years$6,961$5,306$3,992$2,970$2,189$1,074
26 years$6,622$4,987$3,703$2,716$1,972$934
27 years$6,308$4,693$3,438$2,486$1,778$813
28 years$6,018$4,422$3,196$2,278$1,604$707
29 years$5,748$4,172$2,974$2,089$1,449$616
30 years$5,496$3,940$2,771$1,917$1,309$537
31 years$5,261$3,725$2,583$1,760$1,183$468
32 years$5,041$3,524$2,410$1,618$1,070$408
33 years$4,835$3,338$2,250$1,488$969$355
34 years$4,642$3,163$2,102$1,369$877$310
35 years$4,460$3,000$1,966$1,260$794$270
36 years$4,288$2,848$1,839$1,161$720$236
37 years$4,126$2,705$1,721$1,069$652$206
38 years$3,973$2,570$1,612$986$591$180
39 years$3,829$2,444$1,510$909$536$157
40 years$3,691$2,325$1,415$838$486$137
41 years$3,561$2,214$1,327$773$441$119
42 years$3,437$2,108$1,245$714$400$104
43 years$3,320$2,009$1,168$659$363$91
44 years$3,208$1,915$1,097$608$330$79
45 years$3,101$1,826$1,030$562$299$69
46 years$3,000$1,742$967$519$272$61
47 years$2,903$1,662$909$479$247$53
48 years$2,810$1,587$854$443$224$46
49 years$2,721$1,515$802$409$204$40
50 years$2,636$1,447$754$378$185$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,700,000, adding $3,338 every year, while hoping to spend $25,313 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: 82/6/12 Blend
49$2,700,000$2,700,000$2,700,000$2,700,000
50$2,978,843$2,835,743$2,793,893$3,216,470
51$3,255,752$2,947,762$2,860,556$3,484,766
52$3,560,058$3,064,421$2,928,603$3,775,608
53$3,894,527$3,185,921$2,998,055$4,094,188
54$4,262,210$3,312,472$3,068,931$4,443,277
55$4,666,466$3,444,293$3,141,250$4,825,929
56$5,110,994$3,581,613$3,215,031$5,245,503
57$5,599,875$3,724,671$3,290,294$5,705,703
58$6,137,599$3,873,717$3,367,055$6,210,605
59$6,729,117$4,029,012$3,445,334$6,764,702
60$7,379,882$4,190,829$3,525,149$7,372,942
61$8,095,904$4,359,453$3,606,515$8,040,774
62$8,883,803$4,535,183$3,689,450$8,774,202
63$9,750,875$4,718,331$3,773,971$9,579,840
64$10,705,157$4,909,222$3,860,091$10,464,975
65$11,755,506$5,108,197$3,947,828$11,437,632
66$12,911,681$5,315,612$4,037,193$12,506,654
67$14,184,435$5,531,840$4,128,202$13,681,784
68$15,585,617$5,757,269$4,220,866$14,973,755
69$17,128,281$5,992,307$4,315,197$16,394,391
70$18,826,815$6,237,379$4,411,205$17,956,720
71$20,697,070$6,492,931$4,508,900$19,675,096
72$22,756,513$6,759,426$4,608,290$21,565,334
73$25,024,392$7,037,353$4,709,383$23,644,858
74$27,521,917$7,327,220$4,812,184$25,932,867
75$30,272,458$7,629,559$4,916,697$28,450,513
76$33,301,768$7,944,927$5,022,926$31,221,105
77$36,638,225$8,273,905$5,130,871$34,270,321
78$40,313,101$8,617,103$5,240,532$37,626,459
79$44,360,854$8,975,158$5,351,907$41,320,697
80$48,819,456$9,348,736$5,464,991$45,387,389
81$53,730,751$9,738,534$5,579,777$49,864,390
82$59,140,846$10,145,281$5,696,259$54,793,410
83$65,100,552$10,569,739$5,814,423$60,220,410
84$71,665,859$11,012,707$5,934,257$66,196,033
85$78,898,466$11,475,020$6,055,744$72,776,086
86$86,866,365$11,957,551$6,178,866$80,022,058
87$95,644,476$12,461,213$6,303,601$88,001,709
88$105,315,365$12,986,964$6,429,923$96,789,702
89$115,970,011$13,535,804$6,557,805$106,468,312
90$127,708,674$14,108,781$6,687,213$117,128,200
91$140,641,837$14,706,989$6,818,113$128,869,266
92$154,891,249$15,331,577$6,950,465$141,801,597
93$170,591,075$15,983,743$7,084,224$156,046,498
94$187,889,163$16,664,744$7,219,344$171,737,645
95$206,948,436$17,375,896$7,355,771$189,022,338
96$227,948,435$18,118,572$7,493,447$208,062,896
97$251,087,008$18,894,215$7,632,310$229,038,187
98$276,582,182$19,704,331$7,772,292$252,145,315
99$304,674,219$20,550,498$7,913,318$277,601,482
100$335,627,885$21,434,368$8,055,310$305,646,034