Can I retire at age 50 with 3,200,000?

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 $3,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$264,253$261,899$259,603$257,361$255,172$251,984
2 years$130,818$128,382$126,021$123,731$121,511$118,302
3 years$86,346$83,899$81,544$79,276$77,091$73,963
4 years$64,114$61,675$59,343$57,114$54,982$51,958
5 years$50,778$48,354$46,053$43,869$41,797$38,885
6 years$41,891$39,484$37,217$35,082$33,072$30,277
7 years$35,545$33,159$30,928$28,843$26,897$24,218
8 years$30,788$28,423$26,229$24,196$22,313$19,752
9 years$27,090$24,748$22,591$20,609$18,791$16,346
10 years$24,133$21,814$19,696$17,766$16,011$13,680
11 years$21,716$19,420$17,340$15,461$13,770$11,551
12 years$19,703$17,430$15,388$13,562$11,933$9,824
13 years$18,000$15,752$13,749$11,973$10,406$8,404
14 years$16,543$14,318$12,353$10,628$9,121$7,224
15 years$15,281$13,080$11,153$9,478$8,031$6,235
16 years$14,177$12,000$10,112$8,487$7,098$5,399
17 years$13,205$11,052$9,202$7,625$6,294$4,689
18 years$12,341$10,212$8,400$6,872$5,596$4,082
19 years$11,569$9,465$7,690$6,210$4,988$3,562
20 years$10,876$8,795$7,057$5,624$4,455$3,113
21 years$10,249$8,192$6,491$5,104$3,987$2,725
22 years$9,680$7,647$5,983$4,641$3,574$2,389
23 years$9,161$7,152$5,524$4,226$3,208$2,096
24 years$8,686$6,701$5,109$3,855$2,883$1,842
25 years$8,250$6,289$4,732$3,520$2,595$1,619
26 years$7,848$5,910$4,388$3,219$2,337$1,425
27 years$7,477$5,562$4,075$2,946$2,107$1,255
28 years$7,132$5,241$3,788$2,699$1,901$1,105
29 years$6,812$4,945$3,525$2,475$1,717$974
30 years$6,514$4,670$3,284$2,272$1,551$859
31 years$6,235$4,414$3,061$2,087$1,402$758
32 years$5,975$4,177$2,856$1,918$1,269$669
33 years$5,731$3,956$2,667$1,763$1,148$591
34 years$5,501$3,749$2,492$1,622$1,039$522
35 years$5,286$3,556$2,330$1,494$942$461
36 years$5,082$3,375$2,179$1,376$853$407
37 years$4,890$3,206$2,040$1,267$773$360
38 years$4,709$3,046$1,910$1,168$701$318
39 years$4,538$2,897$1,790$1,077$636$281
40 years$4,375$2,756$1,677$993$577$249
41 years$4,221$2,624$1,573$917$523$220
42 years$4,074$2,499$1,475$846$475$194
43 years$3,935$2,381$1,384$781$431$172
44 years$3,802$2,269$1,300$721$391$152
45 years$3,676$2,164$1,220$666$355$134
46 years$3,555$2,064$1,146$615$322$119
47 years$3,440$1,970$1,077$568$293$105
48 years$3,330$1,881$1,012$525$266$93
49 years$3,225$1,796$951$485$241$82
50 years$3,124$1,715$894$449$219$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,200,000, adding $3,826 every year, while hoping to spend $33,672 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: 37/43/20 Blend
49$3,200,000$3,200,000$3,200,000$3,200,000
50$3,530,347$3,360,747$3,311,147$3,639,551
51$3,854,615$3,489,596$3,386,243$3,848,016
52$4,210,831$3,623,631$3,462,727$4,069,602
53$4,602,216$3,763,070$3,540,609$4,308,257
54$5,032,322$3,908,140$3,619,899$4,565,533
55$5,505,060$4,059,080$3,700,607$4,843,135
56$6,024,740$4,216,139$3,782,741$5,142,934
57$6,596,109$4,379,575$3,866,309$5,466,986
58$7,224,399$4,549,661$3,951,317$5,817,545
59$7,915,371$4,726,679$4,037,770$6,197,092
60$8,675,377$4,910,924$4,125,673$6,608,348
61$9,511,412$5,102,705$4,215,029$7,054,307
62$10,431,183$5,302,345$4,305,840$7,538,258
63$11,443,183$5,510,180$4,398,105$8,063,814
64$12,556,771$5,726,561$4,491,824$8,634,950
65$13,782,255$5,951,856$4,586,994$9,256,035
66$15,130,996$6,186,448$4,683,610$9,931,873
67$16,615,512$6,430,738$4,781,665$10,667,747
68$18,249,594$6,685,145$4,881,151$11,469,468
69$20,048,442$6,950,106$4,982,058$12,343,429
70$22,028,799$7,226,077$5,084,374$13,296,660
71$24,209,119$7,513,537$5,188,082$14,336,898
72$26,609,732$7,812,984$5,293,166$15,472,654
73$29,253,044$8,124,939$5,399,606$16,713,294
74$32,163,740$8,449,947$5,507,379$18,069,126
75$35,369,025$8,788,578$5,616,459$19,551,493
76$38,898,873$9,141,425$5,726,818$21,172,879
77$42,786,315$9,509,112$5,838,423$22,947,026
78$47,067,748$9,892,288$5,951,240$24,889,062
79$51,783,280$10,291,632$6,065,229$27,015,637
80$56,977,108$10,707,855$6,180,346$29,345,085
81$62,697,931$11,141,698$6,296,546$31,897,587
82$68,999,417$11,593,938$6,413,778$34,695,366
83$75,940,703$12,065,386$6,531,985$37,762,889
84$83,586,955$12,556,891$6,651,107$41,127,097
85$92,009,985$13,069,339$6,771,079$44,817,657
86$101,288,924$13,603,657$6,891,831$48,867,238
87$111,510,974$14,160,816$7,013,286$53,311,818
88$122,772,225$14,741,828$7,135,364$58,191,017
89$135,178,570$15,347,755$7,257,976$63,548,472
90$148,846,693$15,979,705$7,381,028$69,432,242
91$163,905,183$16,638,837$7,504,419$75,895,258
92$180,495,737$17,326,365$7,628,042$82,995,822
93$198,774,502$18,043,557$7,751,782$90,798,150
94$218,913,550$18,791,740$7,875,515$99,372,976
95$241,102,498$19,572,301$7,999,111$108,798,213
96$265,550,301$20,386,692$8,122,429$119,159,687
97$292,487,224$21,236,432$8,245,323$130,551,941
98$322,167,013$22,123,110$8,367,633$143,079,121
99$354,869,292$23,048,386$8,489,193$156,855,957
100$390,902,202$24,014,000$8,609,824$172,008,837