Can I retire at age 50 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$225,441$223,433$221,474$219,561$217,694$214,176
2 years$111,604$109,526$107,511$105,558$103,664$100,129
3 years$73,664$71,576$69,567$67,632$65,769$62,327
4 years$54,697$52,616$50,627$48,725$46,907$43,585
5 years$43,320$41,252$39,289$37,426$35,658$32,466
6 years$35,738$33,685$31,751$29,930$28,215$25,156
7 years$30,324$28,289$26,385$24,607$22,946$20,021
8 years$26,266$24,249$22,377$20,642$19,036$16,245
9 years$23,111$21,113$19,273$17,582$16,031$13,372
10 years$20,589$18,610$16,803$15,156$13,659$11,130
11 years$18,526$16,567$14,793$13,190$11,747$9,345
12 years$16,809$14,870$13,128$11,570$10,180$7,902
13 years$15,357$13,438$11,729$10,214$8,877$6,720
14 years$14,113$12,215$10,539$9,067$7,782$5,742
15 years$13,036$11,158$9,515$8,086$6,852$4,925
16 years$12,095$10,238$8,627$7,240$6,056$4,239
17 years$11,265$9,429$7,850$6,505$5,369$3,658
18 years$10,529$8,712$7,166$5,863$4,774$3,164
19 years$9,870$8,075$6,560$5,297$4,255$2,742
20 years$9,278$7,503$6,021$4,798$3,801$2,381
21 years$8,744$6,989$5,538$4,354$3,401$2,070
22 years$8,258$6,524$5,104$3,959$3,049$1,802
23 years$7,816$6,102$4,713$3,606$2,737$1,571
24 years$7,410$5,717$4,358$3,289$2,460$1,370
25 years$7,038$5,365$4,037$3,003$2,214$1,196
26 years$6,695$5,042$3,744$2,746$1,994$1,045
27 years$6,378$4,745$3,477$2,514$1,798$914
28 years$6,085$4,472$3,232$2,303$1,622$799
29 years$5,811$4,218$3,008$2,112$1,465$699
30 years$5,557$3,984$2,801$1,938$1,323$612
31 years$5,320$3,766$2,612$1,780$1,196$536
32 years$5,097$3,563$2,437$1,636$1,082$470
33 years$4,889$3,375$2,275$1,504$979$412
34 years$4,693$3,198$2,126$1,384$887$361
35 years$4,509$3,034$1,987$1,274$803$316
36 years$4,336$2,879$1,859$1,173$728$277
37 years$4,172$2,735$1,740$1,081$660$243
38 years$4,017$2,599$1,630$997$598$213
39 years$3,871$2,471$1,527$919$542$187
40 years$3,732$2,351$1,431$848$492$164
41 years$3,601$2,238$1,342$782$446$144
42 years$3,476$2,132$1,259$722$405$126
43 years$3,357$2,031$1,181$666$367$111
44 years$3,244$1,936$1,109$615$334$97
45 years$3,136$1,846$1,041$568$303$85
46 years$3,033$1,761$978$525$275$75
47 years$2,935$1,681$919$485$250$66
48 years$2,841$1,604$863$448$227$58
49 years$2,751$1,532$811$414$206$51
50 years$2,665$1,464$763$383$187$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,730,000, adding $3,550 every year, while hoping to spend $21,769 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: 34/45/21 Blend
49$2,730,000$2,730,000$2,730,000$2,730,000
50$3,012,122$2,867,432$2,825,117$3,095,069
51$3,296,196$2,984,774$2,896,596$3,274,121
52$3,608,517$3,107,136$2,969,741$3,464,824
53$3,951,941$3,234,742$3,044,583$3,670,025
54$4,329,618$3,367,823$3,121,156$3,891,023
55$4,745,018$3,506,626$3,199,493$4,129,240
56$5,201,963$3,651,403$3,279,629$4,386,235
57$5,704,664$3,802,422$3,361,597$4,663,720
58$6,257,762$3,959,963$3,445,433$4,963,573
59$6,866,369$4,124,317$3,531,170$5,287,855
60$7,536,119$4,295,789$3,618,845$5,638,828
61$8,273,219$4,474,698$3,708,492$6,018,977
62$9,084,508$4,661,379$3,800,147$6,431,030
63$9,977,522$4,856,181$3,893,847$6,877,982
64$10,960,566$5,059,471$3,989,627$7,363,127
65$12,042,788$5,271,629$4,087,523$7,890,080
66$13,234,270$5,493,057$4,187,573$8,462,815
67$14,546,121$5,724,172$4,289,813$9,085,702
68$15,990,584$5,965,415$4,394,280$9,763,541
69$17,581,145$6,217,242$4,501,010$10,501,610
70$19,332,668$6,480,133$4,610,040$11,305,713
71$21,261,532$6,754,591$4,721,408$12,182,232
72$23,385,782$7,041,140$4,835,150$13,138,185
73$25,725,307$7,340,332$4,951,302$14,181,290
74$28,302,021$7,652,740$5,069,903$15,320,037
75$31,140,070$7,978,967$5,190,987$16,563,767
76$34,266,064$8,319,643$5,314,592$17,922,756
77$37,709,325$8,675,428$5,440,754$19,408,308
78$41,502,165$9,047,013$5,569,508$21,032,864
79$45,680,188$9,435,119$5,700,889$22,810,113
80$50,282,632$9,840,505$5,834,933$24,755,122
81$55,352,731$10,263,960$5,971,674$26,884,471
82$60,938,131$10,706,315$6,111,146$29,216,410
83$67,091,333$11,168,437$6,253,382$31,771,029
84$73,870,193$11,651,235$6,398,415$34,570,439
85$81,338,466$12,155,659$6,546,276$37,638,986
86$89,566,409$12,682,706$6,696,996$41,003,469
87$98,631,442$13,233,418$6,850,604$44,693,395
88$108,618,881$13,808,886$7,007,130$48,741,252
89$119,622,739$14,410,254$7,166,602$53,182,811
90$131,746,620$15,038,718$7,329,044$58,057,460
91$145,104,691$15,695,531$7,494,483$63,408,573
92$159,822,763$16,382,006$7,662,942$69,283,912
93$176,039,476$17,099,515$7,834,442$75,736,078
94$193,907,609$17,849,498$8,009,002$82,822,997
95$213,595,524$18,633,462$8,186,642$90,608,466
96$235,288,750$19,452,984$8,367,378$99,162,747
97$259,191,739$20,309,718$8,551,222$108,563,228
98$285,529,795$21,205,392$8,738,186$118,895,146
99$314,551,198$22,141,820$8,928,279$130,252,382
100$346,529,551$23,120,900$9,121,507$142,738,350