Can I retire at age 50 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$297,285$294,637$292,053$289,531$287,069$279,789
2 years$147,171$144,430$141,773$139,198$136,700$129,412
3 years$97,139$94,386$91,737$89,185$86,728$79,661
4 years$72,128$69,384$66,761$64,253$61,855$55,063
5 years$57,126$54,398$51,809$49,352$47,021$40,523
6 years$47,127$44,420$41,869$39,468$37,206$31,009
7 years$39,988$37,304$34,794$32,448$30,259$24,362
8 years$34,637$31,976$29,508$27,220$25,102$19,504
9 years$30,476$27,841$25,415$23,186$21,140$15,835
10 years$27,150$24,541$22,157$19,986$18,012$12,994
11 years$24,430$21,847$19,507$17,394$15,491$10,753
12 years$22,165$19,609$17,312$15,257$13,424$8,958
13 years$20,251$17,721$15,467$13,470$11,706$7,502
14 years$18,611$16,107$13,897$11,957$10,262$6,311
15 years$17,191$14,714$12,547$10,663$9,035$5,327
16 years$15,949$13,500$11,376$9,548$7,985$4,511
17 years$14,855$12,433$10,352$8,579$7,080$3,829
18 years$13,884$11,489$9,450$7,731$6,295$3,257
19 years$13,016$10,648$8,651$6,986$5,611$2,775
20 years$12,235$9,894$7,939$6,327$5,012$2,368
21 years$11,530$9,216$7,303$5,742$4,485$2,023
22 years$10,890$8,603$6,731$5,221$4,020$1,730
23 years$10,306$8,046$6,214$4,755$3,609$1,481
24 years$9,772$7,539$5,747$4,337$3,244$1,269
25 years$9,281$7,075$5,323$3,960$2,919$1,088
26 years$8,829$6,649$4,937$3,621$2,629$933
27 years$8,411$6,258$4,584$3,315$2,371$801
28 years$8,024$5,897$4,262$3,037$2,139$687
29 years$7,664$5,563$3,966$2,785$1,931$590
30 years$7,328$5,253$3,694$2,556$1,745$507
31 years$7,015$4,966$3,444$2,347$1,578$436
32 years$6,722$4,699$3,213$2,157$1,427$374
33 years$6,447$4,450$3,000$1,984$1,292$322
34 years$6,189$4,218$2,803$1,825$1,169$277
35 years$5,946$4,000$2,621$1,680$1,059$238
36 years$5,718$3,797$2,452$1,547$960$205
37 years$5,502$3,606$2,295$1,426$870$176
38 years$5,298$3,427$2,149$1,314$789$151
39 years$5,105$3,259$2,013$1,212$715$130
40 years$4,922$3,101$1,887$1,118$649$112
41 years$4,748$2,951$1,770$1,031$588$96
42 years$4,583$2,811$1,660$952$534$83
43 years$4,427$2,678$1,558$878$485$71
44 years$4,277$2,553$1,462$811$440$61
45 years$4,135$2,434$1,373$749$399$53
46 years$3,999$2,322$1,289$692$363$45
47 years$3,870$2,216$1,211$639$329$39
48 years$3,746$2,116$1,138$591$299$34
49 years$3,628$2,020$1,070$546$272$29
50 years$3,515$1,930$1,006$505$247$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,600,000, adding $6,169 every year, while hoping to spend $34,851 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: 65/30/5 Blend
49$3,600,000$3,600,000$3,600,000$3,600,000
50$3,973,563$3,782,763$3,726,963$4,228,764
51$4,341,786$3,931,038$3,814,735$4,547,311
52$4,746,398$4,085,409$3,904,280$4,890,439
53$5,191,077$4,246,140$3,995,619$5,264,364
54$5,679,870$4,413,504$4,088,775$5,672,073
55$6,217,238$4,587,787$4,183,771$6,116,851
56$6,808,095$4,769,287$4,280,626$6,602,314
57$7,457,855$4,958,317$4,379,361$7,132,440
58$8,172,485$5,155,203$4,479,998$7,711,606
59$8,958,555$5,360,284$4,582,554$8,344,626
60$9,823,307$5,573,918$4,687,050$9,036,802
61$10,774,719$5,796,475$4,793,501$9,793,967
62$11,821,583$6,028,345$4,901,926$10,622,540
63$12,973,585$6,269,934$5,012,340$11,529,587
64$14,241,395$6,521,665$5,124,759$12,522,890
65$15,636,775$6,783,984$5,239,195$13,611,009
66$17,172,679$7,057,353$5,355,662$14,803,375
67$18,863,387$7,342,257$5,474,170$16,110,365
68$20,724,627$7,639,203$5,594,730$17,543,409
69$22,773,736$7,948,720$5,717,350$19,115,091
70$25,029,812$8,271,362$5,842,036$20,839,265
71$27,513,902$8,607,708$5,968,794$22,731,191
72$30,249,197$8,958,363$6,097,626$24,807,672
73$33,261,252$9,323,960$6,228,533$27,087,210
74$36,578,226$9,705,160$6,361,515$29,590,185
75$40,231,147$10,102,656$6,496,569$32,339,040
76$44,254,208$10,517,169$6,633,687$35,358,495
77$48,685,085$10,949,458$6,772,863$38,675,775
78$53,565,294$11,400,313$6,914,085$42,320,867
79$58,940,587$11,870,561$7,057,340$46,326,802
80$64,861,376$12,361,067$7,202,609$50,729,962
81$71,383,214$12,872,737$7,349,875$55,570,424
82$78,567,318$13,406,517$7,499,111$60,892,335
83$86,481,145$13,963,398$7,650,293$66,744,325
84$95,199,032$14,544,414$7,803,387$73,179,965
85$104,802,892$15,150,649$7,958,360$80,258,269
86$115,382,994$15,783,238$8,115,172$88,044,252
87$127,038,807$16,443,364$8,273,778$96,609,535
88$139,879,946$17,132,270$8,434,130$106,033,022
89$154,027,201$17,851,252$8,596,174$116,401,643
90$169,613,681$18,601,668$8,759,851$127,811,166
91$186,786,066$19,384,939$8,925,095$140,367,103
92$205,705,995$20,202,552$9,091,837$154,185,702
93$226,551,592$21,056,063$9,259,999$169,395,037
94$249,519,143$21,947,098$9,429,497$186,136,216
95$274,824,951$22,877,361$9,600,241$204,564,710
96$302,707,380$23,848,636$9,772,133$224,851,814
97$333,429,100$24,862,786$9,945,067$247,186,262
98$367,279,571$25,921,766$10,118,929$271,776,002
99$404,577,772$27,027,618$10,293,599$298,850,156
100$445,675,214$28,182,480$10,468,943$328,661,178