Can I retire at age 50 with 2,810,000?

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$232,047$229,980$227,964$225,995$224,073$219,549
2 years$114,875$112,735$110,662$108,652$106,702$102,163
3 years$75,822$73,674$71,606$69,614$67,696$63,285
4 years$56,300$54,158$52,111$50,153$48,281$44,032
5 years$44,590$42,461$40,440$38,522$36,703$32,627
6 years$36,785$34,672$32,681$30,807$29,042$25,144
7 years$31,213$29,118$27,158$25,328$23,619$19,900
8 years$27,036$24,959$23,033$21,247$19,594$16,053
9 years$23,788$21,732$19,838$18,098$16,501$13,135
10 years$21,192$19,155$17,295$15,600$14,060$10,866
11 years$19,069$17,053$15,226$13,577$12,092$9,067
12 years$17,301$15,306$13,513$11,909$10,478$7,617
13 years$15,807$13,832$12,073$10,514$9,137$6,435
14 years$14,527$12,573$10,848$9,333$8,010$5,461
15 years$13,418$11,485$9,794$8,323$7,052$4,652
16 years$12,449$10,538$8,880$7,453$6,233$3,976
17 years$11,595$9,705$8,080$6,696$5,527$3,406
18 years$10,837$8,968$7,376$6,035$4,914$2,925
19 years$10,159$8,311$6,752$5,453$4,380$2,517
20 years$9,550$7,723$6,197$4,938$3,912$2,169
21 years$9,000$7,194$5,700$4,482$3,501$1,871
22 years$8,500$6,715$5,254$4,075$3,138$1,617
23 years$8,045$6,281$4,851$3,711$2,817$1,398
24 years$7,628$5,884$4,486$3,385$2,532$1,210
25 years$7,245$5,522$4,155$3,091$2,278$1,048
26 years$6,892$5,190$3,854$2,827$2,052$908
27 years$6,565$4,884$3,578$2,587$1,850$788
28 years$6,263$4,603$3,327$2,370$1,670$683
29 years$5,982$4,342$3,096$2,174$1,508$593
30 years$5,720$4,101$2,883$1,995$1,362$515
31 years$5,475$3,876$2,688$1,832$1,232$447
32 years$5,247$3,668$2,508$1,684$1,114$389
33 years$5,032$3,474$2,342$1,548$1,008$338
34 years$4,831$3,292$2,188$1,425$913$294
35 years$4,641$3,123$2,046$1,312$827$255
36 years$4,463$2,964$1,914$1,208$749$222
37 years$4,294$2,815$1,791$1,113$679$193
38 years$4,135$2,675$1,677$1,026$616$168
39 years$3,985$2,544$1,572$946$558$146
40 years$3,842$2,420$1,473$872$506$127
41 years$3,706$2,304$1,381$805$459$110
42 years$3,578$2,194$1,296$743$417$96
43 years$3,455$2,090$1,216$686$378$84
44 years$3,339$1,993$1,141$633$343$73
45 years$3,228$1,900$1,072$585$312$63
46 years$3,122$1,813$1,006$540$283$55
47 years$3,021$1,730$946$499$257$48
48 years$2,924$1,651$889$461$233$42
49 years$2,832$1,577$835$426$212$36
50 years$2,744$1,506$785$394$193$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $2,810,000, adding $6,162 every year, while hoping to spend $24,117 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: 72/9/19 Blend
49$2,810,000$2,810,000$2,810,000$2,810,000
50$3,102,976$2,954,046$2,910,491$3,311,900
51$3,393,819$3,073,134$2,982,332$3,570,713
52$3,713,520$3,197,249$3,055,772$3,850,584
53$4,064,997$3,326,612$3,130,838$4,156,483
54$4,451,464$3,461,453$3,207,558$4,490,990
55$4,876,464$3,602,015$3,285,962$4,856,942
56$5,343,899$3,748,549$3,366,077$5,257,467
57$5,858,068$3,901,320$3,447,932$5,696,006
58$6,423,709$4,060,602$3,531,556$6,176,348
59$7,046,041$4,226,686$3,616,977$6,702,670
60$7,730,815$4,399,871$3,704,223$7,279,566
61$8,484,367$4,580,474$3,793,324$7,912,102
62$9,313,680$4,768,824$3,884,307$8,605,852
63$10,226,445$4,965,266$3,977,202$9,366,960
64$11,231,140$5,170,162$4,072,035$10,202,190
65$12,337,104$5,383,887$4,168,836$11,118,994
66$13,554,628$5,606,838$4,267,632$12,125,580
67$14,895,053$5,839,425$4,368,450$13,230,991
68$16,370,874$6,082,082$4,471,319$14,445,187
69$17,995,858$6,335,260$4,576,263$15,779,140
70$19,785,179$6,599,431$4,683,311$17,244,939
71$21,755,553$6,875,089$4,792,488$18,855,898
72$23,925,403$7,162,751$4,903,819$20,626,690
73$26,315,026$7,462,959$5,017,330$22,573,476
74$28,946,792$7,776,277$5,133,044$24,714,061
75$31,845,349$8,103,298$5,250,985$27,068,065
76$35,037,857$8,444,642$5,371,175$29,657,099
77$38,554,246$8,800,957$5,493,637$32,504,977
78$42,427,496$9,172,921$5,618,390$35,637,935
79$46,693,950$9,561,244$5,745,456$39,084,881
80$51,393,656$9,966,668$5,874,852$42,877,663
81$56,570,745$10,389,971$6,006,596$47,051,373
82$62,273,848$10,831,966$6,140,704$51,644,679
83$68,556,553$11,293,505$6,277,190$56,700,181
84$75,477,913$11,775,479$6,416,068$62,264,823
85$83,103,003$12,278,820$6,557,349$68,390,327
86$91,503,532$12,804,505$6,701,043$75,133,684
87$100,758,522$13,353,555$6,847,157$82,557,692
88$110,955,051$13,927,040$6,995,697$90,731,546
89$122,189,081$14,526,079$7,146,667$99,731,489
90$134,566,354$15,151,844$7,300,068$109,641,535
91$148,203,400$15,805,562$7,455,898$120,554,258
92$163,228,631$16,488,518$7,614,154$132,571,666
93$179,783,552$17,202,056$7,774,829$145,806,161
94$198,024,101$17,947,584$7,937,912$160,381,602
95$218,122,119$18,726,575$8,103,392$176,434,471
96$240,266,971$19,540,573$8,271,252$194,115,160
97$264,667,334$20,391,194$8,441,471$213,589,391
98$291,553,168$21,280,128$8,614,026$235,039,779
99$321,177,885$22,209,148$8,788,890$258,667,553
100$353,820,741$23,180,108$8,966,029$284,694,454