Can I retire at age 50 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$229,570$227,525$225,530$223,583$221,681$213,561
2 years$113,648$111,532$109,481$107,492$105,562$97,472
3 years$75,013$72,887$70,841$68,871$66,973$59,167
4 years$55,699$53,580$51,554$49,618$47,766$40,303
5 years$44,114$42,007$40,008$38,111$36,311$29,211
6 years$36,393$34,302$32,333$30,478$28,732$22,000
7 years$30,880$28,807$26,869$25,057$23,366$17,001
8 years$26,747$24,693$22,787$21,020$19,385$13,380
9 years$23,534$21,500$19,626$17,904$16,325$10,673
10 years$20,966$18,951$17,110$15,434$13,909$8,601
11 years$18,866$16,871$15,064$13,432$11,963$6,985
12 years$17,117$15,142$13,369$11,782$10,367$5,708
13 years$15,638$13,684$11,944$10,401$9,040$4,688
14 years$14,372$12,439$10,732$9,233$7,924$3,865
15 years$13,275$11,363$9,689$8,234$6,977$3,196
16 years$12,316$10,425$8,785$7,373$6,166$2,650
17 years$11,472$9,601$7,994$6,625$5,468$2,202
18 years$10,721$8,872$7,297$5,970$4,862$1,833
19 years$10,051$8,222$6,680$5,395$4,333$1,528
20 years$9,448$7,641$6,131$4,886$3,870$1,276
21 years$8,904$7,117$5,639$4,434$3,464$1,066
22 years$8,409$6,643$5,197$4,032$3,105$891
23 years$7,959$6,213$4,799$3,672$2,787$746
24 years$7,546$5,822$4,438$3,349$2,505$624
25 years$7,167$5,463$4,111$3,058$2,254$523
26 years$6,818$5,135$3,812$2,796$2,030$438
27 years$6,495$4,832$3,540$2,560$1,831$367
28 years$6,196$4,553$3,291$2,345$1,652$308
29 years$5,918$4,296$3,063$2,151$1,491$258
30 years$5,659$4,057$2,853$1,974$1,348$217
31 years$5,417$3,835$2,659$1,813$1,218$182
32 years$5,191$3,629$2,481$1,666$1,102$152
33 years$4,979$3,436$2,317$1,532$997$128
34 years$4,779$3,257$2,165$1,409$903$107
35 years$4,592$3,089$2,024$1,298$818$90
36 years$4,415$2,932$1,893$1,195$741$76
37 years$4,249$2,785$1,772$1,101$672$63
38 years$4,091$2,647$1,659$1,015$609$53
39 years$3,942$2,517$1,555$936$552$45
40 years$3,801$2,394$1,457$863$501$38
41 years$3,667$2,279$1,366$796$454$32
42 years$3,539$2,171$1,282$735$412$26
43 years$3,418$2,068$1,203$678$374$22
44 years$3,303$1,971$1,129$626$340$19
45 years$3,193$1,880$1,060$578$308$16
46 years$3,088$1,793$996$534$280$13
47 years$2,989$1,711$935$494$254$11
48 years$2,893$1,634$879$456$231$9
49 years$2,802$1,560$826$422$210$8
50 years$2,714$1,490$777$390$190$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,780,000, adding $2,130 every year, while hoping to spend $21,621 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: 37/41/22 Blend
49$2,780,000$2,780,000$2,780,000$2,780,000
50$3,065,757$2,918,417$2,875,327$3,158,834
51$3,355,460$3,038,415$2,948,646$3,346,881
52$3,673,987$3,163,568$3,023,696$3,547,696
53$4,024,257$3,294,106$3,100,514$3,764,173
54$4,409,484$3,430,270$3,179,133$3,997,733
55$4,833,208$3,572,310$3,259,591$4,249,938
56$5,299,332$3,720,490$3,341,924$4,522,500
57$5,812,155$3,875,084$3,426,169$4,817,298
58$6,376,412$4,036,381$3,512,363$5,136,395
59$6,997,323$4,204,681$3,600,544$5,482,058
60$7,680,639$4,380,299$3,690,751$5,856,775
61$8,432,694$4,563,564$3,783,022$6,263,281
62$9,260,472$4,754,821$3,877,396$6,704,579
63$10,171,663$4,954,430$3,973,912$7,183,969
64$11,174,744$5,162,769$4,072,609$7,705,080
65$12,279,056$5,380,232$4,173,529$8,271,897
66$13,494,888$5,607,232$4,276,711$8,888,804
67$14,833,581$5,844,201$4,382,196$9,560,620
68$16,307,631$6,091,592$4,490,024$10,292,644
69$17,930,806$6,349,877$4,600,236$11,090,702
70$19,718,279$6,619,551$4,712,875$11,961,204
71$21,686,768$6,901,133$4,827,980$12,911,198
72$23,854,695$7,195,165$4,945,594$13,948,438
73$26,242,360$7,502,215$5,065,758$15,081,457
74$28,872,134$7,822,877$5,188,514$16,319,639
75$31,768,666$8,157,772$5,313,904$17,673,312
76$34,959,119$8,507,552$5,441,969$19,153,841
77$38,473,424$8,872,898$5,572,750$20,773,734
78$42,344,566$9,254,522$5,706,290$22,546,755
79$46,608,890$9,653,172$5,842,628$24,488,054
80$51,306,448$10,069,629$5,981,808$26,614,308
81$56,481,376$10,504,711$6,123,869$28,943,874
82$62,182,309$10,959,274$6,268,851$31,496,961
83$68,462,842$11,434,216$6,416,795$34,295,814
84$75,382,035$11,930,475$6,567,740$37,364,930
85$83,004,968$12,449,034$6,721,725$40,731,275
86$91,403,361$12,990,923$6,878,789$44,424,544
87$100,656,244$13,557,218$7,038,968$48,477,432
88$110,850,708$14,149,049$7,202,301$52,925,944
89$122,082,724$14,767,596$7,368,822$57,809,729
90$134,458,051$15,414,098$7,538,567$63,172,447
91$148,093,233$16,089,849$7,711,570$69,062,184
92$163,116,698$16,796,207$7,887,862$75,531,895
93$179,669,971$17,534,591$8,067,476$82,639,906
94$197,909,013$18,306,491$8,250,441$90,450,454
95$218,005,687$19,113,464$8,436,785$99,034,291
96$240,149,386$19,957,142$8,626,536$108,469,349
97$264,548,816$20,839,234$8,819,718$118,841,466
98$291,433,969$21,761,532$9,016,353$130,245,195
99$321,058,296$22,725,908$9,216,463$142,784,689
100$353,701,093$23,734,329$9,420,065$156,574,677