Can I retire at age 50 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$272,511$270,084$267,715$265,404$263,147$254,621
2 years$134,906$132,394$129,959$127,598$125,308$116,799
3 years$89,044$86,521$84,092$81,753$79,500$71,275
4 years$66,118$63,602$61,197$58,899$56,700$48,821
5 years$52,365$49,865$47,492$45,240$43,103$35,590
6 years$43,200$40,718$38,380$36,179$34,106$26,967
7 years$36,656$34,195$31,894$29,744$27,737$20,971
8 years$31,750$29,312$27,049$24,952$23,011$16,613
9 years$27,937$25,521$23,297$21,253$19,378$13,341
10 years$24,887$22,496$20,311$18,321$16,511$10,825
11 years$22,394$20,026$17,881$15,944$14,200$8,855
12 years$20,318$17,975$15,869$13,985$12,306$7,289
13 years$18,563$16,244$14,178$12,347$10,731$6,031
14 years$17,060$14,765$12,739$10,960$9,406$5,010
15 years$15,758$13,488$11,502$9,775$8,282$4,176
16 years$14,620$12,375$10,428$8,752$7,320$3,491
17 years$13,617$11,397$9,489$7,864$6,490$2,924
18 years$12,727$10,531$8,662$7,087$5,771$2,454
19 years$11,931$9,760$7,930$6,404$5,144$2,063
20 years$11,216$9,070$7,278$5,800$4,594$1,737
21 years$10,569$8,448$6,694$5,264$4,112$1,463
22 years$9,982$7,886$6,170$4,786$3,685$1,234
23 years$9,447$7,376$5,697$4,359$3,308$1,041
24 years$8,958$6,911$5,268$3,975$2,973$880
25 years$8,508$6,485$4,880$3,630$2,676$743
26 years$8,093$6,095$4,526$3,319$2,410$628
27 years$7,710$5,736$4,202$3,038$2,173$531
28 years$7,355$5,405$3,907$2,784$1,961$449
29 years$7,025$5,099$3,635$2,553$1,770$380
30 years$6,717$4,816$3,386$2,343$1,600$322
31 years$6,430$4,552$3,157$2,152$1,446$273
32 years$6,162$4,307$2,945$1,977$1,308$231
33 years$5,910$4,079$2,750$1,818$1,184$195
34 years$5,673$3,866$2,570$1,673$1,072$165
35 years$5,451$3,667$2,402$1,540$971$140
36 years$5,241$3,481$2,247$1,418$880$119
37 years$5,043$3,306$2,104$1,307$797$101
38 years$4,856$3,142$1,970$1,205$723$85
39 years$4,679$2,987$1,846$1,111$655$72
40 years$4,512$2,842$1,730$1,025$595$61
41 years$4,353$2,706$1,622$945$539$52
42 years$4,201$2,577$1,522$872$489$44
43 years$4,058$2,455$1,428$805$444$37
44 years$3,921$2,340$1,340$744$403$32
45 years$3,791$2,232$1,258$687$366$27
46 years$3,666$2,129$1,182$634$332$23
47 years$3,548$2,032$1,110$586$302$19
48 years$3,434$1,939$1,043$541$274$16
49 years$3,326$1,852$981$500$249$14
50 years$3,222$1,769$922$463$226$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,300,000, adding $4,628 every year, while hoping to spend $25,615 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: 68/15/17 Blend
49$3,300,000$3,300,000$3,300,000$3,300,000
50$3,641,374$3,466,474$3,415,324$3,873,811
51$3,985,540$3,609,077$3,502,483$4,172,107
52$4,363,952$3,757,809$3,591,703$4,494,823
53$4,780,077$3,912,943$3,683,027$4,847,179
54$5,237,733$4,074,766$3,776,497$5,232,089
55$5,741,128$4,243,576$3,872,156$5,652,759
56$6,294,897$4,419,685$3,970,047$6,112,722
57$6,904,149$4,603,421$4,070,216$6,615,863
58$7,574,509$4,795,127$4,172,705$7,166,461
59$8,312,180$4,995,159$4,277,562$7,769,228
60$9,123,993$5,203,892$4,384,831$8,429,350
61$10,017,477$5,421,719$4,494,559$9,152,538
62$11,000,924$5,649,048$4,606,791$9,945,080
63$12,083,476$5,886,309$4,721,577$10,813,900
64$13,275,203$6,133,950$4,838,961$11,766,625
65$14,587,200$6,392,441$4,958,994$12,811,652
66$16,031,697$6,662,272$5,081,722$13,958,230
67$17,622,165$6,943,958$5,207,194$15,216,544
68$19,373,450$7,238,037$5,335,460$16,597,812
69$21,301,912$7,545,071$5,466,568$18,114,391
70$23,425,577$7,865,649$5,600,568$19,779,891
71$25,764,308$8,200,388$5,737,509$21,609,301
72$28,339,993$8,549,933$5,877,442$23,619,134
73$31,176,752$8,914,959$6,020,415$25,827,580
74$34,301,162$9,296,173$6,166,480$28,254,674
75$37,742,509$9,694,314$6,315,686$30,922,489
76$41,533,066$10,110,157$6,468,083$33,855,338
77$45,708,396$10,544,512$6,623,721$37,080,008
78$50,307,687$10,998,228$6,782,650$40,626,006
79$55,374,123$11,472,192$6,944,920$44,525,842
80$60,955,288$11,967,335$7,110,580$48,815,329
81$67,103,623$12,484,629$7,279,679$53,533,925
82$73,876,910$13,025,094$7,452,267$58,725,100
83$81,338,828$13,589,796$7,628,391$64,436,748
84$89,559,545$14,179,853$7,808,098$70,721,634
85$98,616,386$14,796,433$7,991,437$77,637,896
86$108,594,561$15,440,762$8,178,454$85,249,587
87$119,587,968$16,114,121$8,369,193$93,627,281
88$131,700,080$16,817,852$8,563,700$102,848,735
89$145,044,922$17,553,361$8,762,019$112,999,626
90$159,748,149$18,322,121$8,964,192$124,174,351
91$175,948,228$19,125,672$9,170,259$136,476,922
92$193,797,746$19,965,629$9,380,262$150,021,946
93$213,464,853$20,843,682$9,594,238$164,935,697
94$235,134,847$21,761,601$9,812,223$181,357,318
95$259,011,922$22,721,240$10,034,254$199,440,120
96$285,321,099$23,724,541$10,260,362$219,353,037
97$314,310,345$24,773,538$10,490,578$241,282,212
98$346,252,919$25,870,361$10,724,931$265,432,754
99$381,449,948$27,017,239$10,963,448$292,030,671
100$420,233,269$28,216,511$11,206,150$321,325,001