Can I retire at age 50 with 2,760,000?

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 $2,760,000?

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$227,918$225,888$223,907$221,974$220,086$218,791
2 years$112,831$110,729$108,693$106,718$104,803$103,496
3 years$74,473$72,363$70,331$68,375$66,491$65,213
4 years$55,298$53,194$51,183$49,261$47,422$46,183
5 years$43,796$41,705$39,720$37,837$36,050$34,853
6 years$36,131$34,055$32,100$30,258$28,525$27,372
7 years$30,658$28,600$26,675$24,877$23,198$22,090
8 years$26,555$24,515$22,623$20,869$19,245$18,182
9 years$23,365$21,345$19,485$17,776$16,207$15,188
10 years$20,815$18,814$16,987$15,323$13,809$12,834
11 years$18,730$16,749$14,955$13,335$11,877$10,945
12 years$16,993$15,033$13,273$11,697$10,292$9,402
13 years$15,525$13,586$11,858$10,327$8,975$8,127
14 years$14,268$12,349$10,655$9,167$7,867$7,060
15 years$13,179$11,281$9,620$8,175$6,927$6,159
16 years$12,228$10,350$8,722$7,320$6,122$5,392
17 years$11,389$9,532$7,936$6,577$5,428$4,736
18 years$10,644$8,808$7,245$5,927$4,827$4,170
19 years$9,979$8,163$6,632$5,356$4,302$3,680
20 years$9,380$7,586$6,087$4,851$3,843$3,255
21 years$8,840$7,066$5,599$4,402$3,439$2,883
22 years$8,349$6,596$5,160$4,003$3,082$2,558
23 years$7,901$6,169$4,764$3,645$2,767$2,272
24 years$7,492$5,780$4,406$3,325$2,487$2,021
25 years$7,116$5,424$4,081$3,036$2,238$1,799
26 years$6,769$5,098$3,785$2,776$2,016$1,603
27 years$6,449$4,798$3,515$2,541$1,817$1,430
28 years$6,151$4,521$3,267$2,328$1,640$1,276
29 years$5,875$4,265$3,041$2,135$1,481$1,139
30 years$5,618$4,028$2,832$1,959$1,338$1,018
31 years$5,378$3,807$2,640$1,800$1,210$910
32 years$5,153$3,603$2,464$1,654$1,094$814
33 years$4,943$3,412$2,300$1,521$990$728
34 years$4,745$3,234$2,149$1,399$897$652
35 years$4,559$3,067$2,009$1,288$812$583
36 years$4,384$2,911$1,880$1,186$736$522
37 years$4,218$2,765$1,759$1,093$667$468
38 years$4,062$2,628$1,648$1,008$605$419
39 years$3,914$2,499$1,544$929$548$376
40 years$3,773$2,377$1,447$857$497$337
41 years$3,640$2,263$1,357$791$451$302
42 years$3,514$2,155$1,273$730$409$271
43 years$3,394$2,053$1,194$673$372$243
44 years$3,279$1,957$1,121$622$337$218
45 years$3,170$1,866$1,052$574$306$195
46 years$3,066$1,780$989$530$278$175
47 years$2,967$1,699$929$490$252$157
48 years$2,872$1,622$873$453$229$141
49 years$2,782$1,549$820$419$208$126
50 years$2,695$1,480$771$387$189$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,760,000, adding $5,223 every year, while hoping to spend $51,776 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: 31/43/26 Blend
49$2,760,000$2,760,000$2,760,000$2,760,000
50$3,046,908$2,900,628$2,857,848$3,116,872
51$3,302,603$2,987,669$2,898,496$3,258,120
52$3,582,644$3,077,240$2,938,771$3,405,120
53$3,889,459$3,169,410$2,978,605$3,562,323
54$4,225,723$3,264,251$3,017,928$3,730,657
55$4,594,381$3,361,834$3,056,663$3,911,140
56$4,998,678$3,462,233$3,094,731$4,104,893
57$5,442,187$3,565,527$3,132,048$4,313,149
58$5,928,843$3,671,791$3,168,526$4,537,263
59$6,462,983$3,781,106$3,204,069$4,778,728
60$7,049,380$3,893,553$3,238,578$5,039,184
61$7,693,296$4,009,217$3,271,950$5,320,440
62$8,400,526$4,128,182$3,304,073$5,624,482
63$9,177,452$4,250,535$3,334,832$5,953,500
64$10,031,106$4,376,365$3,364,103$6,309,904
65$10,969,236$4,505,765$3,391,758$6,696,347
66$12,000,377$4,638,826$3,417,661$7,115,750
67$13,133,931$4,775,644$3,441,668$7,571,330
68$14,380,257$4,916,315$3,463,629$8,066,628
69$15,750,769$5,060,940$3,483,386$8,605,548
70$17,258,039$5,209,619$3,500,771$9,192,384
71$18,915,924$5,362,454$3,515,611$9,831,869
72$20,739,685$5,519,552$3,527,722$10,529,217
73$22,746,142$5,681,019$3,536,910$11,290,169
74$24,953,825$5,846,965$3,542,972$12,121,051
75$27,383,150$6,017,501$3,545,696$13,028,830
76$30,056,612$6,192,740$3,544,859$14,021,183
77$32,999,001$6,372,798$3,540,225$15,106,566
78$36,237,626$6,557,792$3,531,550$16,294,298
79$39,802,581$6,747,842$3,518,575$17,594,644
80$43,727,027$6,943,068$3,501,029$19,018,913
81$48,047,501$7,143,596$3,478,631$20,579,568
82$52,804,263$7,349,549$3,451,082$22,290,340
83$58,041,676$7,561,055$3,418,071$24,166,358
84$63,808,624$7,778,243$3,379,273$26,224,291
85$70,158,971$8,001,245$3,334,347$28,482,511
86$77,152,072$8,230,192$3,282,934$30,961,256
87$84,853,332$8,465,220$3,224,660$33,682,831
88$93,334,820$8,706,464$3,159,135$36,671,813
89$102,675,953$8,954,062$3,085,947$39,955,285
90$112,964,243$9,208,154$3,004,669$43,563,089
91$124,296,122$9,468,879$2,914,851$47,528,113
92$136,777,852$9,736,380$2,816,025$51,886,596
93$150,526,530$10,010,800$2,707,698$56,678,474
94$165,671,189$10,292,282$2,589,359$61,947,753
95$182,354,018$10,580,972$2,460,471$67,742,931
96$200,731,703$10,877,015$2,320,472$74,117,450
97$220,976,906$11,180,558$2,168,777$81,130,204
98$243,279,893$11,491,747$2,004,773$88,846,093
99$267,850,329$11,810,730$1,827,821$97,336,638
100$294,919,261$12,137,654$1,637,251$106,680,656