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%15.9%
1 years$264,253$261,899$259,603$257,361$255,172$249,004
2 years$130,818$128,382$126,021$123,731$121,511$115,333
3 years$86,346$83,899$81,544$79,276$77,091$71,098
4 years$64,114$61,675$59,343$57,114$54,982$49,219
5 years$50,778$48,354$46,053$43,869$41,797$36,279
6 years$41,891$39,484$37,217$35,082$33,072$27,807
7 years$35,545$33,159$30,928$28,843$26,897$21,883
8 years$30,788$28,423$26,229$24,196$22,313$17,550
9 years$27,090$24,748$22,591$20,609$18,791$14,275
10 years$24,133$21,814$19,696$17,766$16,011$11,736
11 years$21,716$19,420$17,340$15,461$13,770$9,730
12 years$19,703$17,430$15,388$13,562$11,933$8,122
13 years$18,000$15,752$13,749$11,973$10,406$6,816
14 years$16,543$14,318$12,353$10,628$9,121$5,745
15 years$15,281$13,080$11,153$9,478$8,031$4,860
16 years$14,177$12,000$10,112$8,487$7,098$4,124
17 years$13,205$11,052$9,202$7,625$6,294$3,508
18 years$12,341$10,212$8,400$6,872$5,596$2,990
19 years$11,569$9,465$7,690$6,210$4,988$2,554
20 years$10,876$8,795$7,057$5,624$4,455$2,184
21 years$10,249$8,192$6,491$5,104$3,987$1,870
22 years$9,680$7,647$5,983$4,641$3,574$1,603
23 years$9,161$7,152$5,524$4,226$3,208$1,376
24 years$8,686$6,701$5,109$3,855$2,883$1,181
25 years$8,250$6,289$4,732$3,520$2,595$1,015
26 years$7,848$5,910$4,388$3,219$2,337$873
27 years$7,477$5,562$4,075$2,946$2,107$751
28 years$7,132$5,241$3,788$2,699$1,901$646
29 years$6,812$4,945$3,525$2,475$1,717$556
30 years$6,514$4,670$3,284$2,272$1,551$479
31 years$6,235$4,414$3,061$2,087$1,402$413
32 years$5,975$4,177$2,856$1,918$1,269$355
33 years$5,731$3,956$2,667$1,763$1,148$306
34 years$5,501$3,749$2,492$1,622$1,039$264
35 years$5,286$3,556$2,330$1,494$942$228
36 years$5,082$3,375$2,179$1,376$853$196
37 years$4,890$3,206$2,040$1,267$773$169
38 years$4,709$3,046$1,910$1,168$701$146
39 years$4,538$2,897$1,790$1,077$636$126
40 years$4,375$2,756$1,677$993$577$109
41 years$4,221$2,624$1,573$917$523$94
42 years$4,074$2,499$1,475$846$475$81
43 years$3,935$2,381$1,384$781$431$70
44 years$3,802$2,269$1,300$721$391$60
45 years$3,676$2,164$1,220$666$355$52
46 years$3,555$2,064$1,146$615$322$45
47 years$3,440$1,970$1,077$568$293$39
48 years$3,330$1,881$1,012$525$266$33
49 years$3,225$1,796$951$485$241$29
50 years$3,124$1,715$894$449$219$25

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 $5,044 every year, while hoping to spend $22,056 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: 44/42/14 Blend
49$3,200,000$3,200,000$3,200,000$3,200,000
50$3,531,603$3,362,003$3,312,403$3,672,541
51$3,868,359$3,503,274$3,399,901$3,912,740
52$4,238,725$3,650,727$3,489,591$4,170,317
53$4,646,106$3,804,644$3,581,523$4,449,016
54$5,094,253$3,965,316$3,675,749$4,750,791
55$5,587,300$4,133,049$3,772,319$5,077,789
56$6,129,800$4,308,165$3,871,288$5,432,368
57$6,726,773$4,490,998$3,972,709$5,817,116
58$7,383,746$4,681,899$4,076,637$6,234,876
59$8,106,813$4,881,236$4,183,129$6,688,773
60$8,902,684$5,089,394$4,292,240$7,182,239
61$9,778,757$5,306,773$4,404,030$7,719,046
62$10,743,182$5,533,797$4,518,556$8,303,340
63$11,804,938$5,770,904$4,635,879$8,939,677
64$12,973,921$6,018,558$4,756,061$9,633,069
65$14,261,034$6,277,240$4,879,161$10,389,024
66$15,678,291$6,547,456$5,005,245$11,213,598
67$17,238,931$6,829,736$5,134,375$12,113,455
68$18,957,543$7,124,634$5,266,617$13,095,920
69$20,850,200$7,432,729$5,402,037$14,169,054
70$22,934,616$7,754,629$5,540,701$15,341,723
71$25,230,311$8,090,969$5,682,678$16,623,680
72$27,758,791$8,442,415$5,828,037$18,025,658
73$30,543,759$8,809,665$5,976,847$19,559,467
74$33,611,331$9,193,447$6,129,180$21,238,102
75$36,990,287$9,594,526$6,285,108$23,075,864
76$40,712,340$10,013,702$6,444,703$25,088,495
77$44,812,438$10,451,812$6,608,039$27,293,318
78$49,329,089$10,909,734$6,775,191$29,709,405
79$54,304,732$11,388,386$6,946,236$32,357,747
80$59,786,128$11,888,731$7,121,248$35,261,455
81$65,824,810$12,411,775$7,300,307$38,445,969
82$72,477,563$12,958,574$7,483,489$41,939,301
83$79,806,963$13,530,233$7,670,875$45,772,290
84$87,881,967$14,127,909$7,862,544$49,978,895
85$96,778,565$14,752,814$8,058,576$54,596,506
86$106,580,495$15,406,217$8,259,054$59,666,298
87$117,380,032$16,089,448$8,464,059$65,233,611
88$129,278,864$16,803,900$8,673,674$71,348,378
89$142,389,048$17,551,032$8,887,982$78,065,587
90$156,834,069$18,332,370$9,107,067$85,445,799
91$172,750,004$19,149,516$9,331,014$93,555,712
92$190,286,809$20,004,147$9,559,907$102,468,789
93$209,609,731$20,898,018$9,793,832$112,265,941
94$230,900,872$21,832,969$10,032,874$123,036,288
95$254,360,904$22,810,928$10,277,118$134,877,994
96$280,210,966$23,833,913$10,526,651$147,899,186
97$308,694,749$24,904,039$10,781,559$162,218,972
98$340,080,800$26,023,524$11,041,928$177,968,551
99$374,665,053$27,194,687$11,307,843$195,292,453
100$412,773,623$28,419,962$11,579,391$214,349,888