Can I retire at age 50 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$228,744$226,706$224,719$222,778$220,884$218,668
2 years$113,240$111,131$109,087$107,105$105,183$102,951
3 years$74,743$72,625$70,586$68,623$66,732$64,554
4 years$55,499$53,387$51,369$49,439$47,594$45,486
5 years$43,955$41,856$39,864$37,974$36,180$34,148
6 years$36,262$34,179$32,216$30,368$28,628$26,675
7 years$30,769$28,703$26,772$24,967$23,282$21,409
8 years$26,651$24,604$22,705$20,944$19,315$17,521
9 years$23,450$21,422$19,556$17,840$16,266$14,551
10 years$20,890$18,883$17,049$15,378$13,859$12,222
11 years$18,798$16,810$15,010$13,384$11,920$10,358
12 years$17,055$15,088$13,321$11,739$10,329$8,843
13 years$15,582$13,635$11,901$10,364$9,007$7,594
14 years$14,320$12,394$10,693$9,200$7,896$6,554
15 years$13,227$11,322$9,655$8,205$6,952$5,679
16 years$12,272$10,388$8,753$7,347$6,144$4,939
17 years$11,430$9,567$7,965$6,601$5,448$4,307
18 years$10,683$8,840$7,271$5,949$4,844$3,766
19 years$10,015$8,193$6,656$5,375$4,318$3,300
20 years$9,414$7,613$6,109$4,868$3,857$2,897
21 years$8,872$7,091$5,619$4,418$3,451$2,547
22 years$8,379$6,620$5,179$4,017$3,093$2,243
23 years$7,930$6,191$4,782$3,659$2,777$1,978
24 years$7,519$5,801$4,422$3,337$2,496$1,745
25 years$7,141$5,444$4,096$3,047$2,246$1,542
26 years$6,794$5,116$3,799$2,786$2,023$1,363
27 years$6,472$4,815$3,527$2,550$1,824$1,206
28 years$6,174$4,537$3,279$2,337$1,646$1,068
29 years$5,897$4,280$3,052$2,143$1,486$946
30 years$5,639$4,042$2,842$1,967$1,343$838
31 years$5,398$3,821$2,650$1,806$1,214$743
32 years$5,172$3,616$2,472$1,660$1,098$659
33 years$4,961$3,424$2,309$1,526$994$585
34 years$4,762$3,245$2,157$1,404$900$519
35 years$4,575$3,078$2,017$1,293$815$461
36 years$4,399$2,922$1,886$1,191$738$409
37 years$4,233$2,775$1,766$1,097$669$364
38 years$4,076$2,637$1,654$1,011$607$323
39 years$3,928$2,508$1,549$932$550$287
40 years$3,787$2,386$1,452$860$499$255
41 years$3,653$2,271$1,362$793$453$227
42 years$3,527$2,163$1,277$732$411$201
43 years$3,406$2,061$1,198$676$373$179
44 years$3,291$1,964$1,125$624$338$159
45 years$3,182$1,873$1,056$576$307$142
46 years$3,077$1,787$992$532$279$126
47 years$2,978$1,705$932$492$253$112
48 years$2,883$1,628$876$455$230$100
49 years$2,792$1,555$823$420$209$89
50 years$2,704$1,485$774$388$190$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,770,000, adding $4,065 every year, while hoping to spend $57,372 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: 52/37/11 Blend
49$2,770,000$2,770,000$2,770,000$2,770,000
50$3,056,733$2,909,923$2,866,988$3,206,678
51$3,307,476$2,991,466$2,901,989$3,390,876
52$3,581,873$3,075,082$2,936,239$3,584,607
53$3,882,274$3,160,811$2,969,654$3,793,971
54$4,211,271$3,248,695$3,002,141$4,020,456
55$4,571,714$3,338,775$3,033,607$4,265,702
56$4,966,746$3,431,092$3,063,950$4,531,515
57$5,399,826$3,525,688$3,093,064$4,819,881
58$5,874,764$3,622,602$3,120,838$5,132,985
59$6,395,757$3,721,876$3,147,152$5,473,236
60$6,967,426$3,823,550$3,171,884$5,843,285
61$7,594,864$3,927,664$3,194,903$6,246,049
62$8,283,678$4,034,258$3,216,070$6,684,742
63$9,040,047$4,143,370$3,235,242$7,162,903
64$9,870,775$4,255,039$3,252,266$7,684,430
65$10,783,360$4,369,302$3,266,983$8,253,615
66$11,786,061$4,486,196$3,279,225$8,875,186
67$12,887,975$4,605,755$3,288,814$9,554,351
68$14,099,126$4,728,014$3,295,567$10,296,845
69$15,430,556$4,853,007$3,299,288$11,108,988
70$16,894,432$4,980,763$3,299,773$11,997,741
71$18,504,157$5,111,313$3,296,809$12,970,770
72$20,274,498$5,244,685$3,290,169$14,036,525
73$22,221,726$5,380,904$3,279,619$15,204,312
74$24,363,767$5,519,993$3,264,911$16,484,385
75$26,720,373$5,661,974$3,245,787$17,888,040
76$29,313,304$5,806,864$3,221,974$19,427,726
77$32,166,539$5,954,678$3,193,188$21,117,155
78$35,306,497$6,105,429$3,159,131$22,971,438
79$38,762,289$6,259,123$3,119,491$25,007,224
80$42,565,988$6,415,767$3,073,940$27,242,859
81$46,752,939$6,575,359$3,022,137$29,698,556
82$51,362,083$6,737,896$2,963,723$32,396,590
83$56,436,331$6,903,368$2,898,323$35,361,502
84$62,022,964$7,071,761$2,825,544$38,620,339
85$68,174,083$7,243,053$2,744,976$42,202,902
86$74,947,096$7,417,220$2,656,190$46,142,028
87$82,405,263$7,594,227$2,558,736$50,473,905
88$90,618,291$7,774,035$2,452,144$55,238,409
89$99,662,990$7,956,596$2,335,924$60,479,482
90$109,623,999$8,141,854$2,209,562$66,245,545
91$120,594,586$8,329,744$2,072,521$72,589,959
92$132,677,525$8,520,192$1,924,242$79,571,525
93$145,986,065$8,713,114$1,764,137$87,255,042
94$160,645,003$8,908,416$1,591,594$95,711,916
95$176,791,855$9,105,990$1,405,975$105,020,837
96$194,578,160$9,305,720$1,206,611$115,268,521
97$214,170,905$9,507,472$992,804$126,550,528
98$235,754,101$9,711,102$763,827$138,972,166
99$259,530,523$9,916,450$518,919$152,649,484
100$285,723,619$10,123,339$257,286$167,710,370