Can I retire at age 50 with 3,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$289,027$286,452$283,940$281,489$279,095$272,680
2 years$143,083$140,418$137,835$135,331$132,902$126,475
3 years$94,441$91,765$89,188$86,708$84,319$78,080
4 years$70,125$67,457$64,906$62,468$60,137$54,134
5 years$55,539$52,887$50,370$47,982$45,715$39,965
6 years$45,818$43,186$40,706$38,371$36,173$30,682
7 years$38,878$36,268$33,827$31,547$29,418$24,187
8 years$33,674$31,088$28,688$26,464$24,405$19,432
9 years$29,630$27,068$24,709$22,542$20,553$15,834
10 years$26,396$23,859$21,542$19,431$17,512$13,042
11 years$23,752$21,240$18,965$16,911$15,061$10,834
12 years$21,550$19,064$16,831$14,833$13,051$9,060
13 years$19,688$17,228$15,038$13,095$11,381$7,619
14 years$18,094$15,660$13,511$11,625$9,977$6,435
15 years$16,713$14,306$12,199$10,367$8,784$5,455
16 years$15,506$13,125$11,060$9,283$7,763$4,639
17 years$14,443$12,088$10,064$8,340$6,884$3,955
18 years$13,498$11,170$9,187$7,516$6,121$3,379
19 years$12,654$10,352$8,411$6,792$5,455$2,892
20 years$11,895$9,620$7,719$6,151$4,873$2,479
21 years$11,210$8,960$7,100$5,583$4,361$2,127
22 years$10,587$8,364$6,544$5,076$3,909$1,828
23 years$10,020$7,823$6,042$4,623$3,509$1,572
24 years$9,501$7,329$5,588$4,216$3,154$1,353
25 years$9,024$6,878$5,175$3,850$2,838$1,166
26 years$8,584$6,464$4,800$3,521$2,556$1,005
27 years$8,177$6,084$4,457$3,223$2,305$866
28 years$7,801$5,733$4,143$2,953$2,080$747
29 years$7,451$5,408$3,856$2,708$1,878$645
30 years$7,124$5,107$3,592$2,485$1,697$557
31 years$6,820$4,828$3,348$2,282$1,534$481
32 years$6,535$4,569$3,124$2,097$1,388$415
33 years$6,268$4,326$2,917$1,929$1,256$359
34 years$6,017$4,100$2,725$1,775$1,137$310
35 years$5,781$3,889$2,548$1,634$1,030$268
36 years$5,559$3,691$2,384$1,504$933$232
37 years$5,349$3,506$2,231$1,386$846$200
38 years$5,151$3,332$2,089$1,278$767$173
39 years$4,963$3,168$1,957$1,178$695$150
40 years$4,785$3,014$1,835$1,087$631$129
41 years$4,616$2,869$1,720$1,003$572$112
42 years$4,456$2,733$1,614$925$519$97
43 years$4,304$2,604$1,514$854$471$84
44 years$4,158$2,482$1,421$789$428$72
45 years$4,020$2,367$1,335$728$388$63
46 years$3,888$2,258$1,254$673$352$54
47 years$3,763$2,155$1,178$622$320$47
48 years$3,642$2,057$1,107$574$291$40
49 years$3,527$1,964$1,040$531$264$35
50 years$3,417$1,876$978$491$240$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,500,000, adding $6,560 every year, while hoping to spend $58,554 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: 31/44/25 Blend
49$3,500,000$3,500,000$3,500,000$3,500,000
50$3,863,767$3,678,267$3,624,017$3,953,619
51$4,195,570$3,796,201$3,683,120$4,140,926
52$4,559,254$3,917,951$3,742,241$4,336,759
53$4,958,011$4,043,643$3,801,319$4,546,385
54$5,395,352$4,173,406$3,860,287$4,771,048
55$5,875,148$4,307,373$3,919,077$5,012,112
56$6,401,662$4,445,683$3,977,614$5,271,079
57$6,979,588$4,588,478$4,035,822$5,549,600
58$7,614,099$4,735,907$4,093,615$5,849,486
59$8,310,892$4,888,121$4,150,906$6,172,733
60$9,076,243$5,045,278$4,207,601$6,521,533
61$9,917,065$5,207,542$4,263,600$6,898,298
62$10,840,975$5,375,081$4,318,800$7,305,680
63$11,856,363$5,548,069$4,373,089$7,746,598
64$12,972,474$5,726,686$4,426,349$8,224,263
65$14,199,491$5,911,118$4,478,456$8,742,207
66$15,548,634$6,101,558$4,529,280$9,304,318
67$17,032,265$6,298,204$4,578,680$9,914,877
68$18,664,002$6,501,263$4,626,513$10,578,592
69$20,458,852$6,710,946$4,672,623$11,300,648
70$22,433,347$6,927,475$4,716,848$12,086,754
71$24,605,703$7,151,075$4,759,017$12,943,192
72$26,995,990$7,381,983$4,798,949$13,876,882
73$29,626,322$7,620,442$4,836,455$14,895,441
74$32,521,065$7,866,702$4,871,334$16,007,258
75$35,707,067$8,121,024$4,903,378$17,221,571
76$39,213,911$8,383,676$4,932,363$18,548,552
77$43,074,191$8,654,938$4,958,059$19,999,406
78$47,323,824$8,935,095$4,980,219$21,586,471
79$52,002,386$9,224,447$4,998,588$23,323,340
80$57,153,484$9,523,300$5,012,896$25,224,981
81$62,825,170$9,831,972$5,022,859$27,307,885
82$69,070,393$10,150,794$5,028,180$29,590,214
83$75,947,495$10,480,105$5,028,546$32,091,977
84$83,520,767$10,820,258$5,023,630$34,835,215
85$91,861,052$11,171,617$5,013,088$37,844,209
86$101,046,412$11,534,559$4,996,560$41,145,708
87$111,162,869$11,909,475$4,973,667$44,769,180
88$122,305,210$12,296,768$4,944,014$48,747,093
89$134,577,888$12,696,856$4,907,184$53,115,215
90$148,096,001$13,110,171$4,862,744$57,912,953
91$162,986,384$13,537,160$4,810,237$63,183,725
92$179,388,801$13,978,286$4,749,185$68,975,368
93$197,457,265$14,434,029$4,679,089$75,340,589
94$217,361,493$14,904,883$4,599,425$82,337,460
95$239,288,504$15,391,362$4,509,645$90,029,966
96$263,444,390$15,893,996$4,409,176$98,488,610
97$290,056,252$16,413,337$4,297,418$107,791,073
98$319,374,351$16,949,951$4,173,743$118,022,951
99$351,674,466$17,504,430$4,037,494$129,278,556
100$387,260,496$18,077,381$3,887,985$141,661,813